Varia

Stella Wins Shareholders' Nod in EGM for PTM Acquisition & Strategic Changes

Retrieved on: 
Thursday, November 2, 2023

Notably, a significant resolution encompassing the acquisition of Pembinaan Teguh Maju Sdn Bhd ("PTM") was approved unanimously.

Key Points: 
  • Notably, a significant resolution encompassing the acquisition of Pembinaan Teguh Maju Sdn Bhd ("PTM") was approved unanimously.
  • The acquisition of PTM comes with considerable promise and far-reaching implications for Stella.
  • Valued at a total purchase consideration of RM380.0 million, PTM will become a wholly-owned subsidiary of Stella.
  • After the conclusion of the EGM, Datuk Benson Lau, Managing Director of Stella, commented with enthusiasm: "Our unanimous decision to acquire PTM marks a pivotal moment for Stella.

Stoneweg US Highlights Commitment to Sustainability and Responsible Investing with Varia US Properties AG's 2022 Annual ESG Report

Retrieved on: 
Thursday, July 27, 2023

The 2022 ESG Report highlights Stoneweg US' work on behalf of Varia US and the value created for stakeholders.

Key Points: 
  • The 2022 ESG Report highlights Stoneweg US' work on behalf of Varia US and the value created for stakeholders.
  • Patrick Richard, Chief Executive Officer, Founder of Stoneweg US and Executive Member of the Board of Directors of Varia US, praised the report, stating, "Varia US' 2022 Annual ESG Report is a comprehensive and detailed testament to our progress.
  • The report not only highlights Stoneweg US' work on behalf of Varia US, but also emphasizes the value created for stakeholders through sustainability initiatives.
  • Thomas Stanchak, Director of Sustainability at Stoneweg US, concludes, "The significant ESG progress accomplished in 2022 paves the way for further sustainability improvements.

Garmin unveils Varia eRTL615, its first rearview radar designed for your eBike

Retrieved on: 
Wednesday, April 26, 2023

OLATHE, Kan., April 26, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced Varia™ eRTL615, its first rearview radar and tail light made specifically for eBike riders. Featuring a battery-free design, Varia eRTL615 plugs into a compatible eBike1 and can help detect approaching vehicles by providing both visual and audible alerts when paired with select Garmin devices or the Varia app on a compatible smartphone2.

Key Points: 
  • OLATHE, Kan., April 26, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced Varia™ eRTL615 , its first rearview radar and tail light made specifically for eBike riders.
  • "As eBike riding becomes more and more popular, we are pleased to bring our trusted radar technology to this growing group of cyclists.
  • No matter where the next adventure leads, explore with ease knowing that Varia eRTL615 has your back while you ride ahead."
  • Visit the Garmin Newsroom , email our media team , connect with @garmincycling on social, or follow our blog .

Discover new routes with the Edge Explore 2 series from Garmin

Retrieved on: 
Wednesday, July 13, 2022

Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced the Edge Explore 2 and Edge Explore 2 Power Mount Bundle , dependable and easy-to-use GPS cycling navigators that will guide riders through their next adventure.

Key Points: 
  • Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced the Edge Explore 2 and Edge Explore 2 Power Mount Bundle , dependable and easy-to-use GPS cycling navigators that will guide riders through their next adventure.
  • No matter where the next adventure leads, the Edge Explore 2 series will help keep riders on track.
  • The Edge Explore 2 Power Mount Bundle, with included Edge Power Mount, has a suggested retail price of $399.99.
  • 3 Compatible Edge bike computers include: Edge Explore 2 series, Edge 1040 series, Edge 1030, Edge 830 and Edge 530.

Garmin introduces the Varia RCT715 rearview radar activated tail light with built-in camera

Retrieved on: 
Wednesday, May 18, 2022

Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced the Varia RCT715 rearview radar with camera and tail light.

Key Points: 
  • Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced the Varia RCT715 rearview radar with camera and tail light.
  • View the full release here: https://www.businesswire.com/news/home/20220518005076/en/
    Garmin introduces the Varia RCT715 rearview radar activated tail light with built-in camera.
  • Featuring multiple pairing options, the Varia RCT715 can be used with a compatible Garmin Edge cycling computer, Garmin smartwatch , or the Varia smart device app .
  • The Varia RCT715 features up to 4 hours of battery life with radar and tail light on solid high or night flash and up to 6 hours with radar and tail light on day flash all with the camera continuously recording at 1080p.

Garmin and Tacx announce unrivaled roster of sponsored professional cycling teams and athletes for 2022

Retrieved on: 
Friday, January 14, 2022

Quick Step-Alpha Vinyl joins the 2022 roster using both Garmin and Tacx products.

Key Points: 
  • Quick Step-Alpha Vinyl joins the 2022 roster using both Garmin and Tacx products.
  • The riders are also very happy to be riding with the full Garmin cycling ecosystem; we all are very happy.
  • After years of riding with Garmin, the INEOS Grenadiers will move to the full Garmin and Tacx ecosystem in 2022.
  • Additional professional cycling teams sponsored by both Garmin and Tacx include:

Coming soon to a city near you: the 2022 Garmin Tacx Mash Down Tour

Retrieved on: 
Tuesday, January 11, 2022

Smartwatches that monitor stats, crunch the numbers and get to know all about an athletes performance, training history, goals and more.

Key Points: 
  • Smartwatches that monitor stats, crunch the numbers and get to know all about an athletes performance, training history, goals and more.
  • Engineered on the inside for life on the outside, Garmin and Tacx products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities.
  • About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN).
  • Garmin, Tacx and Edge are registered trademarks and Varia, Rally and Firstbeat Analytics are trademarks of Garmin Ltd. or its subsidiaries.

Ride with greater peace of mind with the Varia™ RVR315 and RTL515 from Garmin®

Retrieved on: 
Wednesday, May 13, 2020

Stay aware of approaching cars with the Varia RVR315 and RTL515.

Key Points: 
  • Stay aware of approaching cars with the Varia RVR315 and RTL515.
  • Pairing the Varia RVR315 or RTL515 with the new Varia app is like having eyes on the back of a helmet, alerting cyclists to approaching vehicles.
  • When used with a compatible smartphone, the Varia RVR315 and RTL515 integrate with popular third-party apps like Ride with GPS, letting cyclists overlay their maps with rearview radar alerts.
  • The Varia RVR315 features up to 7 hours of battery life and has a suggested retail price of $149.99.

Ajay Varia Joins Eruditus and Emeritus as Chief Technology Officer

Retrieved on: 
Wednesday, November 13, 2019

SINGAPORE, Nov. 13, 2019 /PRNewswire/ --Eruditus and Emeritus recently announced that Ajay Varia will join the online education company as Chief Technology Officer (CTO).

Key Points: 
  • SINGAPORE, Nov. 13, 2019 /PRNewswire/ --Eruditus and Emeritus recently announced that Ajay Varia will join the online education company as Chief Technology Officer (CTO).
  • With Varia's arrival, Emeritus has established its San Francisco Bay Area team focused on technology.
  • Within six months, Varia has grown the technology team to 20 and has launched a free trial experience, allowing potential students to access Emeritus' world-class course content before committing to sign-up.
  • Varia was formerly the Vice President of Engineering at MasterClass, Inc., where he led technology and built award-winning mobile applications.