Registrar of Companies

VEON’s Scheme becomes effective

Retrieved on: 
Tuesday, January 31, 2023

Amsterdam, Netherlands, 31 January 2023 12:30 CET: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V. (the “Company”), confirm that, further to the announcement issued on 30 January 2023 regarding the Scheme Sanction Hearing, at which the Court made an order sanctioning the Scheme (the “Order”), the Order has been delivered to the Registrar of Companies.

Key Points: 
  • Amsterdam, Netherlands, 31 January 2023 12:30 CET: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V. (the “Company”), confirm that, further to the announcement issued on 30 January 2023 regarding the Scheme Sanction Hearing, at which the Court made an order sanctioning the Scheme (the “Order”), the Order has been delivered to the Registrar of Companies.
  • VEON and the Company are therefore pleased to announce that each of the conditions to the Scheme has been fulfilled in accordance with the terms of the Scheme and therefore the Scheme has become effective and binds the Company and all Scheme Creditors, including, among other things, the imposition of the Scheme Standstill, which will restrict 2023 Noteholders from taking Enforcement Action (and other related actions) in accordance with the terms described in the Scheme, as summarised in the Explanatory Statement issued by the Company on 21 December 2022, as amended on 11 January 2023.
  • The Amendments will only become effective if and when each of the Amendment Conditions has been satisfied or waived (in accordance with the Scheme).
  • Capitalised terms used but not defined in this announcement have the meaning given to them in the Explanatory Statement, which is available on the Scheme Website at https://deals.is.kroll.com/veon.

VEON’s Scheme approved by Court

Retrieved on: 
Monday, January 30, 2023

Following this, the Scheme will become effective in accordance with its terms and will bind the Company and all Scheme Creditors.

Key Points: 
  • Following this, the Scheme will become effective in accordance with its terms and will bind the Company and all Scheme Creditors.
  • Notwithstanding the sanctioning of the Scheme by the Court, the Amendments will only become effective if and when each of the Amendment Conditions has been satisfied or waived (in accordance with the Scheme).
  • Capitalised terms used but not defined in this announcement have the meaning given to them in the Explanatory Statement, which is available to the Scheme Creditors on the Scheme Website at https://deals.is.kroll.com/veon .
  • VEON Group CEO Kaan Terzioglu commented: “We welcome the approval of the scheme by Court which we believe is in the best interest of all stakeholders.

BaiJiaYun Limited Announces Completion of Merger and New Board and Management

Retrieved on: 
Friday, December 23, 2022

BEIJING, Dec. 23, 2022 /PRNewswire/ -- BaiJiaYun Limited ("BaiJiaYun") today announced the successful completion of the transaction (the "Transaction") previously announced on July 19, 2022 between BaiJiaYun and Fuwei Films (Holdings) Co., Ltd. ("Fuwei Films" or the "Company").

Key Points: 
  • BEIJING, Dec. 23, 2022 /PRNewswire/ -- BaiJiaYun Limited ("BaiJiaYun") today announced the successful completion of the transaction (the "Transaction") previously announced on July 19, 2022 between BaiJiaYun and Fuwei Films (Holdings) Co., Ltd. ("Fuwei Films" or the "Company").
  • Among such proposals, the Company's name will be changed from "Fuwei Films (Holdings) Co., Ltd." to " Baijiayun Group Ltd".
  • As a result of the Transaction, BaiJiaYun has become a wholly-owned subsidiary of the Company.
  • Baijiayun Group Ltd and its subsidiaries ("Baijiayun Group") is a video-centric technology solution provider with core expertise in SaaS/PaaS solutions.

Global Web 3.0 Market Size Expected to Reach $81 Billion by 2030 as Branding & Marketing Needs Increase

Retrieved on: 
Thursday, October 6, 2022

PALM BEACH, Fla., Oct. 6, 2022 /PRNewswire/ -- Web 3.0 and content creation are both rising hand in hand. Web 3.0 has more kinship with content marketing than traditional brand and direct marketing and advertising. In fact, Web 3.0 may just be the evolution of content marketing. Experts say we're living through the earliest stages of a seismic transition in computing and virtualized digital connections. Web 3.0 technologies almost certainly will impact the way consumers experience, consume, transact, and behave. The Content Marketing Institute said: "The early promise of Web 3.0 echoes content marketing. Why? Web 3.0's first iterations are about how people acquire and share content as a social signal, join virtual communities, and ultimately co-create valuable customer experiences. In marketing, Web 3.0 may bring immersive participation and intelligent peer-to-peer transactions to the customer experience approach. It represents a potential power shift in allowing consumers to control their personal data."  Both the Content Creation Market and the Global Web 3.0 markets are predicted to show substantial growth. A report from Future Market Insights said: "The content creation market is anticipated to record a CAGR of 12.2% during the forecast period (2022 - 2032). The market is expected to be valued at US$ 13.4 billion in 2022 and is likely to reach US$ 47.2 billion by 2032. "The content creation market adoption trends are on a higher trajectory owing to the benefits associated with it, including precise targeting, cheap operating costs, ease of measurement and adjustment, high return on investment (ROI), brand extension, a focus on conducting business and segmentation." Active companies in the markets this week include ShiftPixy, Inc. (NASDAQ: PIXY), Unity (NYSE: U), NVIDIA Corporation (NASDAQ: NVDA), Omnicom Group Inc. (NYSE: OMC), Atlassian Corporation (NASDAQ: TEAM).

Key Points: 
  • Both the Content Creation Market and the Global Web 3.0 markets are predicted to show substantial growth.
  • The market is expected to be valued at US$ 13.4 billion in 2022 and is likely to reach US$ 47.2 billion by 2032.
  • Another report from Emergen Research added: "The global Web 3.0 market size is expected to reach USD 81.5 Billion in 2030 and register a revenue CAGR of 43.7% during the forecast period.
  • Increasing digitization across majority of sectors is expected to further result in traction of Web 3.0 and drive market revenue growth."

Global Web 3.0 Market Size Expected to Reach $81 Billion by 2030 as Branding & Marketing Needs Increase

Retrieved on: 
Thursday, October 6, 2022

PALM BEACH, Fla., Oct. 6, 2022 /PRNewswire/ -- Web 3.0 and content creation are both rising hand in hand. Web 3.0 has more kinship with content marketing than traditional brand and direct marketing and advertising. In fact, Web 3.0 may just be the evolution of content marketing. Experts say we're living through the earliest stages of a seismic transition in computing and virtualized digital connections. Web 3.0 technologies almost certainly will impact the way consumers experience, consume, transact, and behave. The Content Marketing Institute said: "The early promise of Web 3.0 echoes content marketing. Why? Web 3.0's first iterations are about how people acquire and share content as a social signal, join virtual communities, and ultimately co-create valuable customer experiences. In marketing, Web 3.0 may bring immersive participation and intelligent peer-to-peer transactions to the customer experience approach. It represents a potential power shift in allowing consumers to control their personal data."  Both the Content Creation Market and the Global Web 3.0 markets are predicted to show substantial growth. A report from Future Market Insights said: "The content creation market is anticipated to record a CAGR of 12.2% during the forecast period (2022 - 2032). The market is expected to be valued at US$ 13.4 billion in 2022 and is likely to reach US$ 47.2 billion by 2032. "The content creation market adoption trends are on a higher trajectory owing to the benefits associated with it, including precise targeting, cheap operating costs, ease of measurement and adjustment, high return on investment (ROI), brand extension, a focus on conducting business and segmentation." Active companies in the markets this week include ShiftPixy, Inc. (NASDAQ: PIXY), Unity (NYSE: U), NVIDIA Corporation (NASDAQ: NVDA), Omnicom Group Inc. (NYSE: OMC), Atlassian Corporation (NASDAQ: TEAM).

Key Points: 
  • Both the Content Creation Market and the Global Web 3.0 markets are predicted to show substantial growth.
  • The market is expected to be valued at US$ 13.4 billion in 2022 and is likely to reach US$ 47.2 billion by 2032.
  • Another report from Emergen Research added: "The global Web 3.0 market size is expected to reach USD 81.5 Billion in 2030 and register a revenue CAGR of 43.7% during the forecast period.
  • Increasing digitization across majority of sectors is expected to further result in traction of Web 3.0 and drive market revenue growth."

Atlassian Announces Completion of its Redomiciliation to the United States

Retrieved on: 
Monday, October 3, 2022

Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announces the completion of the companys redomiciliation from the United Kingdom to the United States.

Key Points: 
  • Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announces the completion of the companys redomiciliation from the United Kingdom to the United States.
  • Following the delivery on September 30, 2022 of the Court Order to the Registrar of Companies in the United Kingdom, the Scheme became effective.
  • The last day of trading in the Atlassian Corporation Plc Class A ordinary shares on the Nasdaq Global Select Market (Nasdaq) was September 30, 2022.
  • Upon the effectiveness of the Scheme, each outstanding Class A ordinary share and Class B ordinary share of Atlassian Corporation Plc was cancelled and exchanged for one share of common stock of Atlassian Corporation of the corresponding class, and Atlassian Corporation Plc became a subsidiary of Atlassian Corporation.

Q&K International Group Limited to Hold Annual General Meeting on September 13, 2022

Retrieved on: 
Wednesday, August 3, 2022

SHANGHAI, China, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Q&K International Group Limited (NASDAQ: QK) (QK or the Company), a leading technology-driven long-term apartment rental platform in China, today announced that it will hold its 2022 annual general meeting on September 13, 2022 at 7:30 a.m. (Beijing time) at 2nd Meeting Room, Intercontinental Hotel Resorts Nantong (508 South Yuelong Road, Nantong, China).

Key Points: 
  • SHANGHAI, China, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Q&K International Group Limited (NASDAQ: QK) (QK or the Company), a leading technology-driven long-term apartment rental platform in China, today announced that it will hold its 2022 annual general meeting on September 13, 2022 at 7:30 a.m. (Beijing time) at 2nd Meeting Room, Intercontinental Hotel Resorts Nantong (508 South Yuelong Road, Nantong, China).
  • Only shareholders of record at the close of business in the Cayman Islands on August 4, 2022 are entitled to receive notice of the Companys annual general meeting and any adjournment or postponement thereof.
  • Q&K International Group Limited (NASDAQ: QK) is a leading technology-driven long-term apartment rental platform in China.
  • The Company offers young, emerging urban residents conveniently-located, ready-to-move-in, and affordable branded apartments as well as facilitates a variety of value-added services.

MKS Instruments and Atotech Receive China Antitrust Clearance for Pending Acquisition of Atotech

Retrieved on: 
Thursday, July 28, 2022

(4) In accordance with the terms of the Implementation Agreement, as amended, the Long Stop Date is September 30, 2022.

Key Points: 
  • (4) In accordance with the terms of the Implementation Agreement, as amended, the Long Stop Date is September 30, 2022.
  • We also provide services relating to the maintenance and repair of our products, installation services and training.
  • Atotech is a leading specialty chemicals technology company and a market leader in advanced electroplating solutions.
  • Atotech, headquartered in Berlin, Germany, has over 4,000 employees in more than 40 countries, with manufacturing operations across Europe, the Americas, and Asia.

MKS Instruments and Atotech Receive China Antitrust Clearance for Pending Acquisition of Atotech

Retrieved on: 
Thursday, July 28, 2022

(4)In accordance with the terms of the Implementation Agreement, as amended, the Long Stop Date is September 30, 2022.

Key Points: 
  • (4)In accordance with the terms of the Implementation Agreement, as amended, the Long Stop Date is September 30, 2022.
  • We also provide services relating to the maintenance and repair of our products, installation services and training.
  • Atotech is a leading specialty chemicals technology company and a market leader in advanced electroplating solutions.
  • Atotech, headquartered in Berlin, Germany, has over 4,000 employees in more than 40 countries, with manufacturing operations across Europe, the Americas, and Asia.

SANCTION OF THE SCHEME BY THE HIGH COURT

Retrieved on: 
Wednesday, June 15, 2022

The Reduction of Capital shall become effective upon registration of the Court Order and minute of reduction by the Registrar of Companies.

Key Points: 
  • The Reduction of Capital shall become effective upon registration of the Court Order and minute of reduction by the Registrar of Companies.
  • Except as otherwise defined herein, capitalised terms used but not defined in this announcement have the same meanings as given to them in the scheme document published by Hibernia REIT on 27 April 2022.
  • Any failure to comply with the applicable restrictions may constitute a violation of the securities laws of any such jurisdiction.
  • Further details in relation to Overseas Shareholders will be contained in the Scheme Document.