Group

Nissin Foods Receives Funding Approval from Re-Industrialisation Funding Scheme

Retrieved on: 
Tuesday, November 9, 2021

HONG KONG, Nov 9, 2021 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) is pleased to announce that it has received approval for the maximum funding support of HK$15 million (the "Funding Support") under the Re-Industrialisation Funding Scheme ("RFS") of the Innovation and Technology Commission ("ITC") today (9 November 2021), to be used for the installation of a new smart production line in Hong Kong.

Key Points: 
  • HONG KONG, Nov 9, 2021 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) is pleased to announce that it has received approval for the maximum funding support of HK$15 million (the "Funding Support") under the Re-Industrialisation Funding Scheme ("RFS") of the Innovation and Technology Commission ("ITC") today (9 November 2021), to be used for the installation of a new smart production line in Hong Kong.
  • Funded by the Re-Industrialisation Funding Scheme, Nissin Foods will set up a smart production line with robotics, sensors and smart systems with real-time monitoring on the production of instant noodles in the Nissin Plant, Tai Po Industrial Estate (visual provided by Nissin Foods Company Limited).
  • The Funding Support will be used to implement a new smart and automated production line in one of Nissin Foods' production plants located at the Tai Po Industrial Estate.
  • Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "Nissin Foods is proud to be the first food manufacturer and the second company to gain approval for the maximum funding under the Re-Industrialisation Funding Scheme.

DGAP-News: TAG Immobilien AG publishes guidance for 2022 after successful first nine months of 2021: FFO I and dividend expected to increase by 6% each.

Retrieved on: 
Tuesday, November 9, 2021

TAG Immobilien AG publishes guidance for 2022 after successful first nine months of 2021: FFO I and dividend expected to increase by 6% each.

Key Points: 
  • TAG Immobilien AG publishes guidance for 2022 after successful first nine months of 2021: FFO I and dividend expected to increase by 6% each.
  • TAG Immobilien AG publishes guidance for 2022 after successful first nine months of 2021: FFO I and dividend expected to increase by 6% each.
  • 6%
    The main reason for the expected increase in FFO by around EUR 10m is higher net actual rents (approx.
  • As in the prior year, the guidance for 2022 relates exclusively to the German portfolio (without further acquisitions and disposals).

Kotak Announces New Home Loan Interest Rate of 6.55%

Retrieved on: 
Monday, November 8, 2021

Earlier in September, KMBL had kick-started the festive season by introducing home loan interest rates beginning at 6.50% p.a.

Key Points: 
  • Earlier in September, KMBL had kick-started the festive season by introducing home loan interest rates beginning at 6.50% p.a.
  • Further, applicants who have received a home loan sanction letter from KMBL by 8November, 2021, can lock in the earlier rate starting at 6.50%* p.a.
  • Ambuj Chandna, President - Consumer Assets, Kotak Mahindra Bank, said, "It was just over a year ago that Kotak took the lead in offering consumers the best home loan interest rates, making home purchases more affordable.
  • Features of Kotak Home Loans:
    To apply for a Kotak Home Loan online, please visit Kotak Home Loans .

Douglas Elliman Plans to File Form 10 Registration Statement in Connection with Planned Spin-Off from Vector Group

Retrieved on: 
Monday, November 8, 2021

Vector Group Ltd. (NYSE: VGR) (Vector Group) today announced that Douglas Elliman Inc. (Douglas Elliman) plans to file a Form 10 registration statement (the Form 10) with the United States Securities and Exchange Commission (SEC) in connection with its intended spin-off into a standalone, publicly traded company.

Key Points: 
  • Vector Group Ltd. (NYSE: VGR) (Vector Group) today announced that Douglas Elliman Inc. (Douglas Elliman) plans to file a Form 10 registration statement (the Form 10) with the United States Securities and Exchange Commission (SEC) in connection with its intended spin-off into a standalone, publicly traded company.
  • The Form 10 will include detailed information about Douglas Elliman, including historic financial information, a description of Douglas Ellimans business and strategy and other legal and financial disclosures.
  • A registration statement on Form 10 relating to the proposed distribution of Douglas Elliman securities is expected to be filed with the SEC.
  • Vector Group is a holding company for Liggett Group LLC, Vector Tobacco Inc., New Valley LLC, and Douglas Elliman Realty, LLC.

BioDuro-Sundia Acquires 2nd US-based Commercial Drug Product Manufacturing Facility along with Commercial Supply Agreement

Retrieved on: 
Monday, November 8, 2021

As part of the acquisition, BioDuro-Sundia will employ most of the current staff and provide continuous operations to support production of multiple existing products through a commercial supply agreement.

Key Points: 
  • As part of the acquisition, BioDuro-Sundia will employ most of the current staff and provide continuous operations to support production of multiple existing products through a commercial supply agreement.
  • The Jeronimo facility is located in Irvine, California on the same campus as BioDuro-Sundias first US-based commercial facility, announced in August 2021.
  • The deal includes an additional 25,000 ft2 of future space with combined facilities representing ~100,000 ft2 holding a supply capacity > 4 billion doses annually.
  • BioDuro-Sundia, an Advent International portfolio company, is a leading contract research, development and manufacturing organization (CRDMO) that provides biopharmaceutical partners with fully integrated services to support drug discovery, development and manufacturing for both drug substance and drug product.

Meijer Touts Low Turkey Prices to Help Families Celebrate Thanksgiving

Retrieved on: 
Monday, November 8, 2021

Meijer brand fresh turkeys cost 99 cents per pound and Butterball fresh turkeys come in at $1.99 per pound.

Key Points: 
  • Meijer brand fresh turkeys cost 99 cents per pound and Butterball fresh turkeys come in at $1.99 per pound.
  • "Our highest priority is bringing value to our customers this holiday season," said Don Sanderson, Group Vice President of Foods at Meijer.
  • For example, Meijer recommends air fryer enthusiasts try a "one-hour turkey" using an extra-large countertop oven that can hold a 12-pound turkey.
  • For families who prefer not to cook, Meijer is also taking orders for its premade heat and serve Thanksgiving dinners.

DGAP-News: Nordex Group presents preliminary results for the first three quarters of 2021 and revised guidance for FY2021

Retrieved on: 
Monday, November 8, 2021

Nordex SE (ISIN DE000A0D6554) today presents preliminary results for the first three quarters of 2021 and a revised guidance for the current financial year.

Key Points: 
  • Nordex SE (ISIN DE000A0D6554) today presents preliminary results for the first three quarters of 2021 and a revised guidance for the current financial year.
  • However, the Group expects to overcome the current challenges and continues to aim for the strategic target of an 8 percent EBITDA margin in the medium term.
  • Despite unexpectedly increasing headwinds in 2021, the Nordex Group generated consolidated sales of EUR 4.0 billion in the first nine months of 2021 (9M 2020: EUR 3.2 billion).
  • Final figures and the complete report for the third quarter of 2021 will be published on 15 November 2021.

Envision Digital and Bureau Veritas to Co-Develop Net Zero Innovations for Renewable Energy Generation and GHG Emissions Reduction

Retrieved on: 
Monday, November 8, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211108005906/en/
    Lei Zhang, Founder and CEO of Envision Group, commented:
    Through strategic partnership with Bureau Veritas, our best practices of digital solution will help more companies around the world accelerate their net zero transition.
  • While the number of organizations making net zero pledges has increased, there is also growing concern about the credibility of commitments that lean heavily on carbon offsets.
  • In addition, increasing calls for greater transparency and accountability in emissions reporting have added another layer of difficulty on an organizations road to net zero.
  • Envision Digital is committed to becoming the worlds leading net zero technology partner for enterprises, governments, and cities alike.

DGAP-News: Asklepios Kliniken: Asklepios secures early refinancing of schuldschein loan agreements via exchange and increase offer

Retrieved on: 
Monday, November 8, 2021

Asklepios Kliniken GmbH & Co. KGaA has achieved early refinancing for selected schuldschein loan agreements maturing in 2022 and 2023 in the context of an exchange and increase offer.

Key Points: 
  • Asklepios Kliniken GmbH & Co. KGaA has achieved early refinancing for selected schuldschein loan agreements maturing in 2022 and 2023 in the context of an exchange and increase offer.
  • The offer was addressed exclusively to existing investors, who had the opportunity to extend and increase their commitment by subscribing to a new schuldschein loan agreement.
  • Early refinancing of the schuldschein loan agreements from 2013, 2015 and 2017 enabled the volume-weighted average term of the maturity profile to be considerably extended.
  • With the exchange and increase offer, Asklepios is again demonstrating its ability to successfully conclude complex schuldschein transactions.

Ardurra Group, Inc. Acquires Ritoch-Powell & Associates, Inc.

Retrieved on: 
Monday, November 8, 2021

Ardurra Group, Inc. (Ardurra) has acquired and merged with Ritoch-Powell & Associates, Inc. (RPA), a multi-disciplined civil engineering firm.

Key Points: 
  • Ardurra Group, Inc. (Ardurra) has acquired and merged with Ritoch-Powell & Associates, Inc. (RPA), a multi-disciplined civil engineering firm.
  • Ardurra Group is an Engineering News-Record Top 500 firm providing consulting and engineering services to public and private entities throughout the United States.
  • RPA will operate as RPA, an Ardurra Group Company, from its offices in Arizona.
  • Greenberg Traurig, LLP, acted as legal counsel and CohnReznic, LLP, acted as financial and tax advisor on behalf of Ardurra.