PRH

Pearl River Announces Amended Stock Option Plan

Retrieved on: 
Tuesday, October 24, 2023
TSX Venture Exchange, Policy, Exercise, PRH, Compensation, PEARL, Pearl, Security (finance)

LONDON, Ontario, Oct. 24, 2023 (GLOBE NEWSWIRE) -- PEARL RIVER HOLDINGS LIMITED (“Pearl River”) (TSXV: PRH) announced that it has adopted an amended stock option plan (the “Amended Option Plan”)‎, subject to final approval of the TSX Venture Exchange (the “TSXV”).

Key Points: 
  • LONDON, Ontario, Oct. 24, 2023 (GLOBE NEWSWIRE) -- PEARL RIVER HOLDINGS LIMITED (“Pearl River”) (TSXV: PRH) announced that it has adopted an amended stock option plan (the “Amended Option Plan”)‎, subject to final approval of the TSX Venture Exchange (the “TSXV”).
  • The Amended Option Plan was approved by the Pearl River’s ‎shareholders at its annual general and special meeting of shareholders held on October 13, 2023.‎ The Amended Plan is substantially the same as the previous stock option plan, however the Amended Plan allows for the exercise of stock options on a cashless and net exercise basis and contains other ‎minor amendments to ensure compliance with TSXV Policy 4.4 ‎‎– Security Based Compensation.
  • The aggregate number of common shares that may be reserved for issuance under the Amended Plan must not exceed 5,461,985 common shares (20% of the Corporation’s issued and outstanding shares) and there are currently 2,230,000 stock options outstanding.
  • For more information regarding the Amended Option Plan, please see Pearl River’s 2023 Management Information Circular dated August 29, 2023 and filed under Pearl River’s profile on SEDAR+ at www.sedarplus.ca .

Pearl River Announces Filing of Amended and Restated Interim Financial Statements

Retrieved on: 
Wednesday, October 4, 2023
Amend, PRH, Bank statement, PEARL, Audit

LONDON, Ontario, Oct. 04, 2023 (GLOBE NEWSWIRE) -- PEARL RIVER HOLDINGS LIMITED (“Pearl River”) (TSXV: PRH) announced today that it has filed amended and restated financial statements for the interim period ended June 30, 2023 (the “Amended Financial Statements”) to correct an error discussed below.

Key Points: 
  • LONDON, Ontario, Oct. 04, 2023 (GLOBE NEWSWIRE) -- PEARL RIVER HOLDINGS LIMITED (“Pearl River”) (TSXV: PRH) announced today that it has filed amended and restated financial statements for the interim period ended June 30, 2023 (the “Amended Financial Statements”) to correct an error discussed below.
  • The presentation currency for the financial statements of Pearl River is the Chinese Yuan Renminbi and the financial statements also include certain applicable Canadian dollar conversion amounts.
  • The impact of the changes to the Amended Financial Statements is highlighted in the table below:
    The Amended Financial Statements are available under Pearl River’s profile on SEDAR+ at www.sedarplus.ca .
  • The Amended Financial Statements replace and supersede the previously filed original interim financial statements.

George Lunick Announces Acquisition of Common Shares of Pearl River Holdings Limited

Retrieved on: 
Monday, February 27, 2023
PEARL, National instrument, PRH, Acquisition, TSX Venture Exchange, Early warning, Legislation, Indian stock exchange, Related, Exercise, SEDAR, Cultured pearl, Security (finance), Option

LONDON, Ontario, Feb. 27, 2023 (GLOBE NEWSWIRE) -- PEARL RIVER HOLDINGS LIMITED (“Pearl River”) (TSXV: PRH) announced today that it understands that George Lunick‎ (the "Acquiror"), the President and Chief Executive Officer of Pearl River, acquired 250,000 common shares (the "Common Shares") in the capital of Pearl River at a price of $0.28 per Common Share, representing 0.92% of the issued and outstanding Common Shares of Pearl River‎.

Key Points: 
  • LONDON, Ontario, Feb. 27, 2023 (GLOBE NEWSWIRE) -- PEARL RIVER HOLDINGS LIMITED (“Pearl River”) (TSXV: PRH) announced today that it understands that George Lunick‎ (the "Acquiror"), the President and Chief Executive Officer of Pearl River, acquired 250,000 common shares (the "Common Shares") in the capital of Pearl River at a price of $0.28 per Common Share, representing 0.92% of the issued and outstanding Common Shares of Pearl River‎.
  • Assuming the exercise of the Options, the Common Shares of Pearl River that the Acquiror and the joint actors would own or control on such exercise would be 3,129,893 Common Shares, or approximately 11.06% of the Common Shares of Pearl River on a partially diluted basis.
  • Immediately after the acquisition, the Acquiror and is joint actors, owned or controlled 2,379,893 Common Shares, being approximately 8.71% of the issued and outstanding Common Shares of Pearl River.
  • Assuming the exercise of the Options, the Common Shares of Pearl River that the Acquiror and the joint actors would own or control on such exercise would be 3,379,893 Common Shares, or approximately 11.94% of the Common Shares of Pearl River on a partially diluted basis.

Arcadis welcomes "The Chief Executive's 2022 Policy Address" putting land and housing as top priority for Hong Kong

Retrieved on: 
Thursday, October 27, 2022
Quality of life, Adoption, Culture, City, Efficiency, Housing, DFMA, Strategic studies, Investment, LPH, Partnership, Rail transport, Knowledge, Public housing, Policy address, Consultant, Industry, Guangdong-Hong Kong-Macau Greater Bay Area, PRH, Safety, Government of Hong Kong, UN, Tung Chung, MIC, Government, HKSAR, Trial balance, Policy, Engineering, Arcadis, Tunnel

HONG KONG, Oct. 26, 2022 /PRNewswire/ --Arcadis, the leading global Design & Consultancy organization for natural and built assets,welcomes the proposal set out by "The Chief Executive's 2022 Policy Address" last week.

Key Points: 
  • HONG KONG, Oct. 26, 2022 /PRNewswire/ --Arcadis, the leading global Design & Consultancy organization for natural and built assets,welcomes the proposal set out by "The Chief Executive's 2022 Policy Address" last week.
  • It places land and housing as cornerstones for Hong Kong, with a multi-pronged approach to enhance quantity, speed, efficiency and quality.
  • In response, Francis Au, Greater China Growth Director said: "Arcadis welcomes the numerous commitments outlined by the Government, which place high importance on land supply and housing investments.
  • The Northern Metropolis is the foothold for Hong Kong's strategic development, as well as the engine for Hong Kong to scale new heights.

Pearl River Announces Grant of Stock Options

Retrieved on: 
Wednesday, October 12, 2022
GLOBE, PEARL, PRH, Cultured pearl

LONDON, Ontario, Oct. 12, 2022 (GLOBE NEWSWIRE) -- PEARL RIVER HOLDINGS LIMITED (Pearl River) (TSXV: PRH) announced today that, subject to regulatory approval, it has granted a total of 1,500,000 options to purchase common shares of Pearl River to the directors and an officer of Pearl River, with an exercise price of $0.23 and an expiry date of October 12, 2027.

Key Points: 
  • LONDON, Ontario, Oct. 12, 2022 (GLOBE NEWSWIRE) -- PEARL RIVER HOLDINGS LIMITED (Pearl River) (TSXV: PRH) announced today that, subject to regulatory approval, it has granted a total of 1,500,000 options to purchase common shares of Pearl River to the directors and an officer of Pearl River, with an exercise price of $0.23 and an expiry date of October 12, 2027.
  • Through its subsidiaries, Pearl Rivers principal business is the manufacturing and distribution of plastic products in China, Australia and the United States of America.
  • For further information please contact:

YOTO MINI SELECTED AS A GOOD HOUSEKEEPING 2022 PARENTING AWARD WINNER

Retrieved on: 
Tuesday, September 20, 2022
Time (magazine), Pentagram, Kickstarter, HarperCollins, Sony, TIME, Good Housekeeping, Creativity, LEGO, Pencil, Life, View, Learning, Hachette, Invention, Thought, Technology, McMillan, Bonnier, Scholastic, PRH, Music, Parent, The Bane of Yoto, Multimedia, Mini, Film, Video game console, Montessori education, Viacom, The Walt Disney Company, Good

NEW YORK, Sept. 20, 2022 /PRNewswire/ -- Yoto announced today that the Yoto Mini was named as a winner in Good Housekeeping's 2022 Parenting Awards in the Premium Play Picks category.

Key Points: 
  • NEW YORK, Sept. 20, 2022 /PRNewswire/ -- Yoto announced today that the Yoto Mini was named as a winner in Good Housekeeping's 2022 Parenting Awards in the Premium Play Picks category.
  • Select winners will also be featured in the October 2022 print issue of Good Housekeeping, on newsstands September 20th.
  • Yoto Mini is the newest generation of Yoto's award-winning audio player, putting the best of Yoto in the palm of kids' hands.
  • For more information on Yoto Mini's Good Housekeeping 2022 Parenting Award recognition, please visit: www.goodhousekeeping.com/parentingawards2022 .

Pearl River Announces Amendment to the Terms of its Joint Venture

Retrieved on: 
Monday, August 29, 2022
CEO, GRPC, Articles of association, Â, REL, PEARL, GLOBE, News, Association, PRH, Potash

As a result of the Amending Documents, there no longer is a fixed termination date for the GRPC joint venture.

Key Points: 
  • As a result of the Amending Documents, there no longer is a fixed termination date for the GRPC joint venture.
  • George Lunick, the CEO of Pearl River commented: The Joint Venture extension is great news.
  • It allows Pearl River to continue to plan and focus on building the business for the long term.
  • GRPC was originally established pursuant to a Chinese-Foreign Joint Venture Agreement dated January 23, 1995 and entered into between REL and RPC Party.

Former Senior Vice President at Penguin Random House John Lawton Joins Blackstone Publishing

Retrieved on: 
Tuesday, March 8, 2022
PRH, Penguin Random House, Publishing, Senior, Barnes & Noble, Book, Blackstone, National accounts, Blackstone Audio, Catalog, Management, Penguin

ASHLAND, Ore., March 7, 2022 /PRNewswire-PRWeb/ --John Lawton, former Senior Vice President at PRH, joins Blackstone Publishing as Director of National Accounts, specifically handling Retail and Wholesale channels.

Key Points: 
  • ASHLAND, Ore., March 7, 2022 /PRNewswire-PRWeb/ --John Lawton, former Senior Vice President at PRH, joins Blackstone Publishing as Director of National Accounts, specifically handling Retail and Wholesale channels.
  • Lawton will work along with Executive Vice President Greg Boguslawski to continue to expand Blackstone distribution and placement within key accounts and specialty markets.
  • At Penguin Random House, Lawton was responsible for bringing 300 new books per season to market for the Penguin division of PRH.
  • Prior to his twenty-plus years at Penguin, Lawton was with Barnes & Noble in various roles, including Publishing Marketing Director.

Penguin Random House and Simon & Schuster To Fight Department of Justice's Decision to File Suit To Block Pro-Consumer, Pro-Author and Pro-Book Seller Transaction

Retrieved on: 
Tuesday, November 2, 2021
Book, HarperCollins, McMillan, PRH, S&S, Industry, Justice, Simon & Schuster, Amazon, ViacomCBS, U.S. Department of Defense Strategy for Operating in Cyberspace, Public policy, U.S. Department of Justice Office of Legislative Affairs, Hachette, CEO, Growth, Environment, Meyers, Acquisition, Random House, Penguin Random House, DOJ, Sale, Publishing, Sales

The publishing industry is, and following this transaction will remain, a vibrant and highly competitive environment.

Key Points: 
  • The publishing industry is, and following this transaction will remain, a vibrant and highly competitive environment.
  • We will fight this lawsuit vigorously and look forward to PRH serving as the steward for this storied publishing house in the years to come."
  • The rationale for the transaction is driven by efficiencies that will allow PRH to improve distribution of the S&S titles.
  • DOJ's action is misguided and creates uncertainty around the future of a renowned publishing house, its employees, its authors, and consumers.

Lingnan study finds one quarter of Hong Kong parents expect to provide financial assistance for their adult children to live independently

Retrieved on: 
Thursday, September 16, 2021
Marriage, Government, Housing, Grownup, Family, Policy, PRH, Institute, HKSAR, LU, Adult, Retirement, Housekeeping, Institute of Policy Studies, Higher education in Hong Kong, Lingnan University, Investor, HOS, Tenant, Parent, City University, Research, Data collection, Tutoring, Health insurance, Residential care, Toy

HONG KONG, Sept. 16, 2021 /PRNewswire/ -- Accommodation for young people in Hong Kong has long been at the top of the policy agenda. Recent research conducted by Lingnan University in Hong Kong (LU) and the City University of Hong Kong on the younger generation's housing opportunities finds that 26 per cent of parents who responded expect to subsidise their adult children when they buy a property. Findings also suggest reliance on the family is now increasingly frequent, and important to young adults who wish to live independently and have a choice.

Key Points: 
  • Recent research conducted by Lingnan University in Hong Kong (LU) and the City University of Hong Kong on the younger generation's housing opportunities finds that 26 per cent of parents who responded expect to subsidise their adult children when they buy a property.
  • This research explores plans and parents' attitudes towards providing financial and non-financial intergenerational housing support to adult children in Hong Kong.
  • Of the 1,012 parents surveyed, the majority (66%) said that they have no plans to provide financial housing support for their adult children in the next five years, but a quarter (26%) do intend to subsidise grown-up children.
  • The main three reasons given by parents without financial support plans are "family financial incapacity"(47%),"not parents' responsibility"(37%),and "children are financially capable of moving out without family help" (33%).