KCC

KPOP CUSTOMIZING COIN (KCC) Is Now Available for Trading on LBank Exchange

Retrieved on: 
Tuesday, March 19, 2024
Music, KCC, NFT, KPOP, Human, Ecosystem, Cryptocurrency

Road Town, British Virgin Islands--(Newsfile Corp. - March 19, 2024) - In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of KPOP CUSTOMIZING COIN (KCC) on March 19, 2024.

Key Points: 
  • Road Town, British Virgin Islands--(Newsfile Corp. - March 19, 2024) - In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of KPOP CUSTOMIZING COIN (KCC) on March 19, 2024.
  • Users of LBank Exchange can brace themselves for the KCC/USDT trading pair, which went live already.
  • LBank Exchange is thrilled to announce the listing of KPOP CUSTOMIZING COIN (KCC), a pioneering digital currency designed specifically for the global K-pop fandom.
  • The KCC platform is not just about transactions; it's about building a robust ecosystem that supports and enriches the global K-pop culture.

Enviva Announces Court Approval of DIP and the Commencement of the DIP Syndication Process

Retrieved on: 
Friday, March 15, 2024
Forest Products, Energy, Natural Resources, Other Energy, Enviva, KCC, Common stock, Form 8-K, Telephone, Rule, Date, Inc., CUSIP, DIP, Sale, United States bankruptcy court, Bankruptcy, Suite, Security (finance)

If you are not an Eligible Holder, you may not participate in the Opportunity.

Key Points: 
  • If you are not an Eligible Holder, you may not participate in the Opportunity.
  • Eligible Holders that participate in the Opportunity will be subject to certain restrictions under the DIP Facility Agreement, including with respect to voting and information rights.
  • If you are an Eligible Holder interested in participating in the Opportunity, you must complete copies of the relevant subscription documents.
  • Certain principal terms of the DIP Facility and the Company and certain of its subsidiaries’ contemplated restructuring are set forth in the DIP Facility Agreement, which is available at www.kccllc.com/Enviva (by clicking on the link for “DIP Syndication Materials”).

Enviva Announces Comprehensive Agreements to Delever Balance Sheet and Strengthen Financial Position

Retrieved on: 
Wednesday, March 13, 2024
Forest Products, Energy, Natural Resources, Other Energy, KCC, RSA, Growth, Inc., Lazard, Vinson & Elkins, Alvarez and Marsal, Wood, United States bankruptcy court, Bankruptcy, File, Swedish Royal Academies, Interim, Security (finance)

To implement this pre-arranged restructuring, Enviva and certain of its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia (the “Court”).

Key Points: 
  • To implement this pre-arranged restructuring, Enviva and certain of its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia (the “Court”).
  • These motions, which Enviva expects to be approved in short order, are expected to help facilitate a smooth transition into Chapter 11.
  • Enviva expects to continue to pay suppliers in the ordinary course for authorized goods received and services provided after the filing.
  • Vinson & Elkins LLP is serving as legal counsel; Lazard is serving as investment banker; and Alvarez & Marsal is serving as financial advisor to Enviva.

KCC Corporation Enters into Agreement to Fully Acquire Momentive Performance Materials Group

Retrieved on: 
Thursday, March 28, 2024
Partnership, KCC, Sustainability, Silicone, SJL, Momentive, KCC Corporation

NISKAYUNA, N.Y. and SEOUL, South Korea, March 28, 2024 /PRNewswire/ -- Momentive Performance Materials group (Momentive), a global high-performance silicones and specialty solutions company, is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners LLC ("SJL").

Key Points: 
  • NISKAYUNA, N.Y. and SEOUL, South Korea, March 28, 2024 /PRNewswire/ -- Momentive Performance Materials group (Momentive), a global high-performance silicones and specialty solutions company, is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners LLC ("SJL").
  • "We're excited by the opportunities KCC's 100% ownership position will bring to Momentive and the broader KCC Corporation," said Momentive President and CEO Sam Conzone, Ph.D. "We look forward to continuing and expanding our partnership with the exceptional teams at KCC to continue providing specialized products to enable Solutions for a Sustainable World™."
  • "Momentive has a 75-year track record of developing and manufacturing silicones and specialty solutions," said Mong Jin Chung, Chairman, of KCC Group and Momentive.
  • "We deeply believe in the company's growth opportunity as it continues to help businesses across the world delight their customers with innovative solutions."

HNRC REPORTS RESULTS FOR PERIOD ENDING DECEMBER 31, 2023

Retrieved on: 
Tuesday, March 19, 2024
Permian, KCC, Non, HNRC, Copper, Gold, CML, Acquisition, Barrel, Engineering, OTC, Lithium, Skeena, BMI, Fitch Ratings, Placer, Mining

HOUSTON, March 19, 2024 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNR or the Company") announced today results for the year ending December 31, 2023. 

Key Points: 
  • HOUSTON, March 19, 2024 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNR or the Company") announced today results for the year ending December 31, 2023.
  • Financial Results: Twelve Months December 31, 2023 vs Twelve Months December 31, 2022
    Earnings per share for twelve months were $ 0.06 per share.
  • The company has a net asset value of $ 0.42 per share as of December 31, 2023.
  • As of September 30, 2023, total assets of LHO were $70.4 million ( www.hnra-nyse.com )
    HNRC acquired a 40% interest in Rhino Energy Pty Ltd ("Rhino").

KCC announces the strategic hiring of Gena Sullivan and Shawn Launier

Retrieved on: 
Monday, March 18, 2024
Veteran, KCC, TFS, Gena, Private law, Trustee, Shawn, EVP

LOS ANGELES, March 18, 2024 /PRNewswire/ -- Kurtzman Carson Consultants LLC ("KCC"), a renowned legal services provider specializing in trustee and fiduciary services, corporate restructuring, and class action and mass tort administration, has announced its strategic hiring of Gena Sullivan and Shawn Launier to join the Trustee and Fiduciary Services (TFS) division.

Key Points: 
  • LOS ANGELES, March 18, 2024 /PRNewswire/ -- Kurtzman Carson Consultants LLC ("KCC"), a renowned legal services provider specializing in trustee and fiduciary services, corporate restructuring, and class action and mass tort administration, has announced its strategic hiring of Gena Sullivan and Shawn Launier to join the Trustee and Fiduciary Services (TFS) division.
  • Gena brings over 25 years of experience working with bankruptcy trustees and other professional fiduciaries to KCC.
  • Gena and Shawn join us at a time of significant momentum for TFS and will be valuable additions to our team."
  • We are excited about the hiring of Gena and Shawn as key team members, and it reinforces our dedication to this space."

Evergy Announces 2023 Results, Declares Quarterly Dividend and Issues 2024 Guidance

Retrieved on: 
Thursday, February 29, 2024
Alternative Energy, Energy, Environment, Sustainability, Utilities, Weather, Investment, Form 10-K, Growth, Sale, COLI, JEC, Adelaide Street, Brisbane, GAAP, Webcast, Depreciation, Security (finance), KCC, O&M, EPS, Asset, EVRG, FERC, Bank

Fourth quarter 2023 adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $61.1 million and $0.27, respectively, compared to $68.6 million and $0.30, respectively, in fourth quarter 2022.

Key Points: 
  • Fourth quarter 2023 adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $61.1 million and $0.27, respectively, compared to $68.6 million and $0.30, respectively, in fourth quarter 2022.
  • Adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) are reconciled to GAAP earnings in the financial table included in this release.
  • The Company issued its 2024 GAAP EPS guidance range of $3.73 to $3.93, along with its 2024 adjusted EPS (non-GAAP) guidance range of $3.73 to $3.93.
  • Adjusted earnings (non-GAAP) and adjusted EPS (non-GAAP) are used internally to measure performance against budget and in reports for management and the Evergy Board.

KISS COLORS & CARE EXPANDS ITS HAIR COLLECTION WITH THE INTRODUCTION OF ITS NEWEST STYLING SOLUTIONS

Retrieved on: 
Friday, March 8, 2024
CVS, KCC, Vitamin, Marketing, Nicotinamide, Walmart, Biotin, Scalp, Cosmetics

PORT WASHINGTON, N.Y., March 8, 2024 /PRNewswire/ -- KISS Colors & Care (KCC), the award-winning textured hair brand, announced today the expansion of its hair collection with the introduction of two new products: the Edge Fixer Extreme is available in select Walmart and CVS locations, while the Scalp Fixer Serum is available exclusively at select Walmart stores. The brand's latest launch marks another milestone in its ongoing commitment to providing high-quality, nourishing, and innovative hair care and styling solutions tailored specifically for curly and coily hair textures. The introduction of these products underscores the brand's intentional focus on addressing the unique needs of diverse hair types with the utmost precision and care.

Key Points: 
  • The brand's latest launch marks another milestone in its ongoing commitment to providing high-quality, nourishing, and innovative hair care and styling solutions tailored specifically for curly and coily hair textures.
  • The introduction of these products underscores the brand's intentional focus on addressing the unique needs of diverse hair types with the utmost precision and care.
  • "At KISS Colors & Care, we believe in empowering individuals to express themselves through their hair journey by arming them with the tools to style their hair confidently.
  • Dedicated to serving the textured hair community, KISS Colors & Care continues developing groundbreaking formulations tailored for curly and coily hair types.

Thrasio Takes Steps to Strengthen Financial Position

Retrieved on: 
Wednesday, February 28, 2024
Court, AlixPartners, Kirkland & Ellis, United States bankruptcy court, LLP, KCC, Amazon, Centerview Partners, Bankruptcy

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Thrasio Holdings, Inc. ("Thrasio" or "the Company") today announced that it has entered into a restructuring support agreement (the "Restructuring Support Agreement") with approximately 81% of its revolving credit facility lenders and approximately 88% of its term loan lenders that will eliminate approximately $495 million of the Company's existing debt, defer all interest payments in the first year post-emergence and infuse new capital into the Company. To implement the terms of the Restructuring Support Agreement, Thrasio has initiated a pre-arranged court-supervised Chapter 11 process in the U.S. Bankruptcy Court for the District of New Jersey (the "Court").

Key Points: 
  • Thrasio expects to use this process to strengthen its financial position and meaningfully deleverage its balance sheet.
  • Thrasio has received commitments from certain of its lenders for up to $90 million in new financing.
  • "We are taking steps to build on this progress by strengthening our financial position and working with our lenders to support our future success.
  • Kirkland & Ellis LLP is serving as legal counsel, Centerview Partners is serving as financial advisor and AlixPartners LLP is serving as restructuring advisor.

R.E.A. Holdings plc: Circular re further investment by DSN in REA Kaltim

Retrieved on: 
Tuesday, January 30, 2024
Fruit, FFB, ATP, Palm oil, Food, Collection, Mining, KCC, Coal, RSPO, PU, MCU, AP, IPA, Round Table, CPO, Exercise, Sand, Zoological society, Coal mining, Certification, Growth

As is normal, crops were weighted to the second half although, unusually, there was no pronounced peak in the fourth quarter.

Key Points: 
  • As is normal, crops were weighted to the second half although, unusually, there was no pronounced peak in the fourth quarter.
  • This was likely a consequence of a period of lower rainfall that, while typically occurring each year, fell later than usual in 2023.
  • The initial output is being utilised to surface the quarry ends of two roads leading from the quarry to the continuing REA Kaltim sub-group's estates.
  • Debt and cash were increased in November 2023 upon receipt by REA Kaltim of the pre-closing loan of $10.0 million from AP.