Evergreen Group

AM Best Affirms Credit Ratings of Evergreen Insurance Company Limited

Retrieved on: 
Thursday, November 9, 2023
Insurance, Professional Services, AM Best, EICL, Credit, News, Evergreen International, AM, Aviation, Risk management, Bermuda, USD, Evergreen Group, Communication, ALL, Parent, Reinsurance

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda).
  • For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

EVERGREEN CORPORATION WITHDRAWS PROPOSALS PRESENTED AT EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

Retrieved on: 
Thursday, May 11, 2023
Transfer, Proposal, Security (finance), Evergreen Group, Securities and Exchange Commission (Philippines)

KUALA LUMPUR, MALAYSIA, May 11, 2023 (GLOBE NEWSWIRE) -- Evergreen Corporation (Nasdaq: EVGR) (the “Company”) today announced that is withdrawing from consideration by the shareholders of the Company the proposals (the “Proposals”) set forth in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on May 2, 2023, as amended and supplemented on May 3, 2023, May 4, 2023 and May 5, 2023.

Key Points: 
  • KUALA LUMPUR, MALAYSIA, May 11, 2023 (GLOBE NEWSWIRE) -- Evergreen Corporation (Nasdaq: EVGR) (the “Company”) today announced that is withdrawing from consideration by the shareholders of the Company the proposals (the “Proposals”) set forth in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on May 2, 2023, as amended and supplemented on May 3, 2023, May 4, 2023 and May 5, 2023.
  • The Company will continue to search for an initial business combination in accordance with its existing amended and restated articles and memorandum of association and the investment management trust agreement, dated as of February 8, 2022, by and between the Company and Continental Stock Transfer & Trust Company.
  • Accordingly, the Company will deposit $1,150,000 for an additional three month extension, from May 11, 2023 to August 11, 2023, of the time available for the Company to complete an initial business combination.
  • The shares tendered for redemption in connection with the extraordinary general meeting previously scheduled to vote upon the Proposals will be returned to shareholders as soon as practicable.

EVERGREEN CORPORATION ANNOUNCES ADJOURNMENT OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS TO 4:00 P.M. ON MAY 10, 2023

Retrieved on: 
Wednesday, May 10, 2023
Transfer, Redemption, Extraordinary general meeting, Lot, PO, Article, Accounting, Evergreen Group, Interest on Lawyer Trust Accounts, Security (finance), Articles of association, Proxy

The record date for the Extraordinary General Meeting remains the close of business on May 2, 2023.

Key Points: 
  • The record date for the Extraordinary General Meeting remains the close of business on May 2, 2023.
  • Shareholders who have not submitted their proxy for the Extraordinary General Meeting, or who wish to change or revoke their proxy, are urged to do so promptly.
  • Shareholders who have previously submitted their proxy and do not wish to change or revoke their proxy need not take any action.
  • Further information related to attendance, voting and the proposals to be considered and voted on at the Extraordinary General Meeting is described in the Definitive Proxy Statement.

EVERGREEN CORPORATION ANNOUNCES ADJOURNMENT OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS TO MAY 10, 2023

Retrieved on: 
Tuesday, May 9, 2023
Transfer, Redemption, Extraordinary general meeting, Lot, PO, Article, Accounting, Evergreen Group, Interest on Lawyer Trust Accounts, Security (finance), Articles of association, Proxy

The record date for the Extraordinary General Meeting remains the close of business on May 2, 2023.

Key Points: 
  • The record date for the Extraordinary General Meeting remains the close of business on May 2, 2023.
  • Shareholders who have not submitted their proxy for the Extraordinary General Meeting, or who wish to change or revoke their proxy, are urged to do so promptly.
  • Shareholders who have previously submitted their proxy and do not wish to change or revoke their proxy need not take any action.
  • Further information related to attendance, voting and the proposals to be considered and voted on at the Extraordinary General Meeting is described in the Definitive Proxy Statement.

AM Best Affirms Credit Ratings of Evergreen Insurance Company Limited

Retrieved on: 
Wednesday, November 9, 2022
Other Professional Services, Professional Services, Insurance, Risk management, Communication, Parent, AM Best, Evergreen International, Credit, AM, News, Aviation, Bermuda, ALL, Evergreen Group, Industry, Insurance, EICL, Reinsurance

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda).
  • For current Bests Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Evergreen Corporation Announces Closing of Initial Public Offering and Exercise of Full Over-Allotment Option

Retrieved on: 
Friday, February 11, 2022
Benchmark, Prospectus, Company, SEC, Forward-looking statement, U.S. Securities and Exchange Commission, Security (finance), IOT, Nasdaq, GLOBE, ASEAN, Technology, Evergreen Group, Attention, Telephone, Madison, Sale, Board, Risk, Acquisition, Financial technology, EF Hutton, Internet of things, Offering, Financial services, Industry, Artificial intelligence, E-commerce, LLC, Metaverse

PETALING JAYA, MALAYSIA, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Evergreen Corporation (Nasdaq: EVGRU) (the "Company") announced today that it closed its initial public offering (the Offering) of 10,000,000 units at $10.00 per unit.

Key Points: 
  • PETALING JAYA, MALAYSIA, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Evergreen Corporation (Nasdaq: EVGRU) (the "Company") announced today that it closed its initial public offering (the Offering) of 10,000,000 units at $10.00 per unit.
  • Each warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share.
  • The underwriters exercised their over-allotment option in full for an additional 1,500,000 units at the time of the closing of the Offering.
  • As a result, the aggregate gross proceeds of the Offering, including the over-allotment, are $115 million, prior to deducting underwriting discounts, commissions, and other Offering expenses.

Evergreen Corporation Announces Pricing of $100,000,000 Initial Public Offering

Retrieved on: 
Tuesday, February 8, 2022
Benchmark, GLOBE, Industry, IOT, Forward-looking statement, Attention, LLP, U.S. Securities and Exchange Commission, Internet of things, E-commerce, Telephone, Board, Acquisition, Company, Evergreen Group, Financial services, Sale, Artificial intelligence, Technology, Madison, Security (finance), Nasdaq, SEC, Prospectus, Financial technology, EF Hutton, ASEAN, Risk, LLC, Metaverse

PETALING JAYA, MALAYSIA, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Evergreen Corporation (the "Company") announced today that it priced its initial public offering of 10,000,000 units at $10.00 per unit.

Key Points: 
  • PETALING JAYA, MALAYSIA, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Evergreen Corporation (the "Company") announced today that it priced its initial public offering of 10,000,000 units at $10.00 per unit.
  • EF Hutton, division of Benchmark Investments, LLC, is acting as the sole book running manager for the offering.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute "forward-looking statements," including with respect to the Companys initial public offering.

EVA Air launches new option for Infinity MileageLands members to buy miles; enabled by Points International

Retrieved on: 
Wednesday, December 15, 2021
Infinity, Mile, COVID, Travel, Best, Holiday, Movement, World, COVID-19, International Airlines Group, Tripadvisor, NASDAQ, EVA, Dream, EVA Air, Safety, CEO, Atmosphere of Earth, Boeing, Airline, GLOBE, TSX, PCOM, Star Alliance, Evergreen Group, News, Compliance, Technology, Airbus

Just launched in time for the holidays, between now and January 13, 2022, EVAs Infinity MileageLands members can receive up to 65% in additional bonus award miles when they buy miles with Purchase Miles .

Key Points: 
  • Just launched in time for the holidays, between now and January 13, 2022, EVAs Infinity MileageLands members can receive up to 65% in additional bonus award miles when they buy miles with Purchase Miles .
  • We look forward to the success of this collaboration and to exploring future opportunities to work with Points.
  • Miles are redeemable against travel across EVA Air/UNI Air international flight and its Star Alliance partners global flight network.
  • Miles can also be used to upgrade existing flight bookings to seats in higher cabins with EVA Air/UNI Air international flight and its Star Alliance partners.

EVA Air and Points enter into a multi-year partnership to enhance Infinity MileageLands program

Retrieved on: 
Wednesday, December 15, 2021
Infinity, COVID, Visa, Solution, Travel, Commerce, Pandemic, Best, Priority Pass, Growth, Movement, World, UnionPay, CBA, International Airlines Group, Tripadvisor, Cathay Pacific, NASDAQ, EVA, Collinson, CEO, EVA Air, Marketing, Â, Asia-Pacific, Safety, American Express, Atmosphere of Earth, Mastercard, Coronavirus, Boeing, Airline, Program, Mileage, GLOBE, Region, TSX, Partnership, PCOM, Star Alliance, Evergreen Group, News, Compliance, Technology, Retail, Cryptocurrency, Airbus

EVA Air is also leveraging Points industry-leading loyalty marketing expertise and data-driven insights to develop personalized campaigns to the Infinity MileageLands membership base which is expected to drive additional growth for the program.

Key Points: 
  • EVA Air is also leveraging Points industry-leading loyalty marketing expertise and data-driven insights to develop personalized campaigns to the Infinity MileageLands membership base which is expected to drive additional growth for the program.
  • A further addition as part of the new partnership is EVA Mileage Mall , a market-leading, earning platform powered by Collinson Valuedynamx.
  • Rob MacLean, CEO of Points, also welcomed the news, We are extremely pleased to be partnering with EVA Air for the first time, and renewing our longstanding collaboration with Collinson, to help grow and enhance the overall value of the Infinity MileageLands program.
  • By implementing our loyalty solutions, EVA Air can generate additional membership engagement opportunities together with establishing new revenue streams for the Infinity MileageLands program.

AM Best Affirms Credit Ratings of Evergreen Insurance Company Limited

Retrieved on: 
Thursday, November 11, 2021
Insurance, Professional Services, AM Best, ALL, Industry, News, Credit, Ever Given, Insurance, Income, Aviation, Evergreen Group, Risk management, EICL, Suez Canal, AM, Bermuda, Communication, Data

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda).
  • For current Bests Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .