JSC

Polymetal International plc: New management appointments in Kazakhstan

Retrieved on: 
Wednesday, April 10, 2024
JSC, Construction, Yuri, Mineral Resources Limited, International, Technical, Roman, Sale, University, Kazakhmys, Mineral processing, Legal Affairs, Polymetal, Institute of technology, Resource, Mining engineering, Polymetal International, Production, Management

Polymetal International plc (“Polymetal”, the “Group”) announces significant strengthening of the management team.

Key Points: 
  • Polymetal International plc (“Polymetal”, the “Group”) announces significant strengthening of the management team.
  • “The natural first step after the sale of the Russian business is the creation of strong, focused, and motivated management team in our corporate headquarters in Astana.
  • With the appointment of four new Executive Vice Presidents, Polymetal is now in a position to advance its independent strategy in Central Asia”, said Vitaly Nesis, Group CEO of Polymetal International plc.
  • Valery joined Polymetal Engineering in 2006 and moved to Kyzyl in 2016.

Announcement of AGM Results

Retrieved on: 
Tuesday, April 9, 2024
Shareholder, Annual, Bank statement, JSC, Annual general meeting, KZT

To approve JSC Kaspi.kz's 2023 annual audited financial statements.

Key Points: 
  • To approve JSC Kaspi.kz's 2023 annual audited financial statements.
  • To take a note of the information on shareholders' appeals on JSC Kaspi.kz and its officers’ actions in 2023.
  • To approve the unlimited term of office of the current Board of Directors.
  • To reappoint Deloitte LLP as the external auditor to review JSC Kaspi.kz’s 1st and 2nd quarters of 2024 financial statements.

Polymetal International plc: Completion of divestment of Russian business

Retrieved on: 
Wednesday, March 13, 2024
AIX, International, BlackRock, MOEX, Polymetal, Circular, Sale, Transaction, JSC, Completion, Policy, Bank

Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces that following shareholder approval and satisfaction of all other conditions precedent, the divestment of Polymetal Group’s Russian business by way of disposal of 100 per cent of the JSC Polymetal share capital to JSC Mangazeya Plus has completed.

Key Points: 
  • Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces that following shareholder approval and satisfaction of all other conditions precedent, the divestment of Polymetal Group’s Russian business by way of disposal of 100 per cent of the JSC Polymetal share capital to JSC Mangazeya Plus has completed.
  • “We are pleased shareholders of Polymetal supported the sale of our Russian business.
  • With the transaction closed and major risks eliminated, we plan to present our new strategy and capital allocation policy in May”, said Vitaly Nesis, Group CEO.
  • Following Completion, the Polymetal Retained Group has a net cash position of approx.

Polymetal International plc: Proposed divestment of Polymetal Group’s Russian business and notice of General Meeting

Retrieved on: 
Wednesday, March 13, 2024
AIX, Ertis, MOEX, Person, Circular, Intra, Sale, Nationalization, Proxy, Polymetal, Mining, THIS, VIA, NOT, LAWS, POX, State, Mass meeting, Polymetal International, Transaction, Completion, Risk, Gold, Resolution, United, JSC, Committee, Baksy, Cryptocurrency

Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces today that it has entered into contracts for the divestment of its Russian business for an effective total consideration of approximately US$3.69 billion (the “Transaction”).

Key Points: 
  • Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces today that it has entered into contracts for the divestment of its Russian business for an effective total consideration of approximately US$3.69 billion (the “Transaction”).
  • A quick, transparent, and sanctions-compliant exit under the terms of the proposed Transaction serves the interests of all stakeholders.
  • The completion of the divestment will allow the Group to de-risk the Company’s business, deliver stable cash flows and pursue new investment opportunities.
  • The Transaction values the Russian business at approximately US$3.69 billion [1] including third-party debt and intra-group arrangements detailed in the Circular.

On Tap Credit Union Elevates Leadership Team by Bringing on Two New Directors and Promoting Internal Talent to Support Growth Efforts

Retrieved on: 
Friday, March 1, 2024
Banking, Professional Services, Finance, Senior, Computer science, Multimedia, Risk management, Credit, Growth, Wartburg College, Service provider, Internal audit, JSC, Lead, University, Corporate services, Internal, CO, Woodforest National Bank

A trusted financial partner since 1954, their team crafts personalized financial solutions tailored to each individual's personalized goals.

Key Points: 
  • A trusted financial partner since 1954, their team crafts personalized financial solutions tailored to each individual's personalized goals.
  • As they look toward the future and their commitment to growth, they are expanding the leadership team with top-notch talent.
  • Jamie Gaffney, On Tap’s new Director of Business Services, joined the credit union in November 2023.
  • From there, he started a 5-year career at JSC Federal Credit Union, initially as a Consumer Loan Processor.

Mitsubishi Power Receives Order for State-of-the-Art JAC Series GTCC Power Plant for Uzbekistan Navoi 3 Power Plant Project

Retrieved on: 
Tuesday, February 13, 2024
College of Engineering (KNUST), Economic development, MHI, Mitsubishi Heavy Industries, JSC, JAC, Heat, Republic, Electricity, Mitsubishi Electric, GTCC, Renewable energy

This is the third order received by Mitsubishi Power for GTCC equipment for the Navoi Power Plant.

Key Points: 
  • This is the third order received by Mitsubishi Power for GTCC equipment for the Navoi Power Plant.
  • Mitsubishi Power had previously supplied GTCC power generation equipment for the nearby power plants Navoi 1 and Navoi 2, which started operations in 2013 and 2019, respectively.
  • Mitsubishi Power has received many orders for large-scale gas turbines in Uzbekistan, including state-of-the-art JAC and F series.
  • Going forward, Mitsubishi Power will continue to support the stable and efficient operation of the electric power business for the realization of energy transition in Uzbekistan.

IGEN Achieves Milestones and Provides Updates on Key Initiatives 

Retrieved on: 
Monday, February 5, 2024
SME, Element, JSC, Transport, OTC, Emerging technologies, IBN, Sale, Artificial intelligence, AWS, Medal

LAKE ELSINORE, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- via IBN – IGEN Networks Corporation ( OTC: IGEN ), ("IGEN" or the "Company"), a leading innovator of asset management and supply-chain solutions is pleased to provide the following update on key initiatives from its Chief Executive Officer, Neil G. Chan.

Key Points: 
  • LAKE ELSINORE, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- via IBN – IGEN Networks Corporation ( OTC: IGEN ), ("IGEN" or the "Company"), a leading innovator of asset management and supply-chain solutions is pleased to provide the following update on key initiatives from its Chief Executive Officer, Neil G. Chan.
  • As the supply-chain industry evolved to its new normalcy, IGEN chose to leverage our technical expertise and patents in capitalizing on the evolving opportunities in the supply-chain industry.
  • This offering of supply-chain management solutions will be at significantly lower subscription rates and higher value compared to existing solutions.
  • Combined with our Fortune 100 wireless carrier, IGEN will be positioned to become the first mover on evolving opportunities for the SME supply-chain industry as we welcome 2024 and beyond.

Freedom Holding Corp. Announces Completion of External Review of Allegations Made in Short-Seller Report

Retrieved on: 
Thursday, January 25, 2024
Legal, Commercial Building & Real Estate, Construction & Property, Finance, Banking, REIT, Professional Services, Other Construction & Property, Residential Building & Real Estate, Morgan, Lewis & Bockius, Bank statement, Hindenburg, Hindenburg Research, Sale, IPO, AML, JSC, Growth, Cryptocurrency

Freedom Holding Corp. (the “Company”) (Nasdaq: FRHC) today announced the conclusion of an external review commissioned by the independent members of its board of directors.

Key Points: 
  • Freedom Holding Corp. (the “Company”) (Nasdaq: FRHC) today announced the conclusion of an external review commissioned by the independent members of its board of directors.
  • The review focussed on the Company’s main operating subsidiaries that were the subject of the allegations as well as on the Company’s affiliate Freedom Securities Trading, Inc. (“FST Belize”).
  • It was not possible to assess certain of the allegations in the Hindenburg Report because they were dated, vague, or lacking details.
  • The external review found generally that the allegations in the Hindenburg Report did not take account of important facts and were not supported by evidence.

KBR Awarded Top Contractor Title at Two NASA Centers for the Second Year

Retrieved on: 
Monday, January 29, 2024
Development, Health, KBR, PACE, Growth, Artemis, Johnson Space Center, Goddard Space Flight Center, Ecosystem, MSOC, NASA, HHPC, GSFC, Small business, Organization, JSC, Communications satellite

Every year, NASA's Office of Small Business Programs celebrates outstanding mission contributions through its Small Business Industry Awards.

Key Points: 
  • Every year, NASA's Office of Small Business Programs celebrates outstanding mission contributions through its Small Business Industry Awards.
  • These awards honor companies that effectively leverage small businesses and their unique capabilities to support NASA's goals.
  • KBR's dual wins highlight its outstanding overall contract performance, impactful NASA outreach, smart small business utilization, and strong ethical practices.
  • It currently operates at nine NASA locations and is one of the world's largest human spaceflight support organizations.

JA Solar Successfully Completes the Shipment of All n-type Modules for the ACWA Power Solar Project in Tashkent, Uzbekistan

Retrieved on: 
Tuesday, January 2, 2024
PV, JA, JSC, ACWA Power, Joint-stock company, JA Solar Holdings, Carbon, Ministry of Investment, Renewable energy

China Energy Engineering Corporation Limited contracted and constructed the project, and JA Solar supplies all the 240MW PV modules for it.

Key Points: 
  • China Energy Engineering Corporation Limited contracted and constructed the project, and JA Solar supplies all the 240MW PV modules for it.
  • The project indicates that ACWA Power and JA Solar have made constructive progress in cooperation and demonstrates that JA Solar's n-type modules have gained high recognition in the global market.
  • ACWA Power is a developer, investor and operator of power generation, and has established long-term cooperative relationships with JA Solar.
  • Three years ago, JA Solar exclusively supplied modules for the 100MW Nur Navoi solar project, the first utility-scale solar plant in Uzbekistan.