European Conservatives and Reformists Group Executive

ROSS STORES OPENS 27 NEW LOCATIONS

Retrieved on: 
Monday, July 17, 2023

DUBLIN, Calif., July 17, 2023 /PRNewswire/ -- Ross Stores recently opened 18 Ross Dress for Less® ("Ross") and nine dd's DISCOUNTS® stores across 14 different states in June and July. These new locations are part of the Company's plans to add approximately 100 new stores – 75 Ross and 25 dd's DISCOUNTS – during fiscal 2023. 

Key Points: 
  • DUBLIN, Calif., July 17, 2023 /PRNewswire/ -- Ross Stores recently opened 18 Ross Dress for Less® ("Ross") and nine dd's DISCOUNTS® stores across 14 different states in June and July.
  • These new locations are part of the Company's plans to add approximately 100 new stores – 75 Ross and 25 dd's DISCOUNTS – during fiscal 2023.
  • Looking ahead, we remain confident in our ability to grow to at least 2,900 Ross Dress for Less and 700 dd's DISCOUNTS locations over time."
  • Currently, the Company operates Ross Dress for Less® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,722 locations in 41 states, the District of Columbia, and Guam.

Cullen/Frost Bankers, Inc. Hosts Second Quarter 2023 Earnings Conference Call

Retrieved on: 
Thursday, July 6, 2023

SAN ANTONIO, July 6, 2023 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, July 27, 2023 to discuss second quarter 2023 earnings.

Key Points: 
  • SAN ANTONIO, July 6, 2023 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, July 27, 2023 to discuss second quarter 2023 earnings.
  • Earnings Release: The earnings release for Cullen/Frost Bankers, Inc. will be available at approximately 8:00 a.m. Central Time (CT) on the internet at https://investor.frostbank.com/ .
  • Conference Call and Live Webcast: The conference call will begin at 1:00 p.m. CT (2:00 p.m. Eastern) and will be hosted by Phil Green, Chairman and CEO, Jerry Salinas, Group Executive Vice President and CFO and A.B.
  • Following the prepared remarks there will be a question and answer session for the analyst community.

VCI Global Proposes To Acquire A 51% Stake In AI-Based Cogia GmbH

Retrieved on: 
Monday, June 26, 2023

KUALA LUMPUR, Malaysia, June 26, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that it has proposed to acquire a 51% stake in Cogia GmbH from Cogia AG for a purchase consideration of USD5 million.

Key Points: 
  • KUALA LUMPUR, Malaysia, June 26, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that it has proposed to acquire a 51% stake in Cogia GmbH from Cogia AG for a purchase consideration of USD5 million.
  • The purchase consideration will be settled by way of issuance of new VCI Global ordinary shares to Cogia AG.
  • Cogia GmbH is wholly owned by Cogia AG, a company listed on Dusseldorf Stock Exchange.
  • "Excited to amplify our partnership with VCI Global through this strategic 51% acquisition, harnessing their financial expertise and core customer connections to fuel our global growth, with a sharp focus on dominating the Asian market," said Pascal Lauria, Founder and Chief Executive Officer of Cogia GmbH.

VCI Global To Distribute AI-Based State Of The Art “Socializer Messenger” For Cogia GmbH

Retrieved on: 
Tuesday, June 20, 2023

KUALA LUMPUR, Malaysia, June 20, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced it has been appointed by Cogia GmbH as the latter’s distributor for the promotion and sale of its communication application known as “Socializer Messenger”.

Key Points: 
  • KUALA LUMPUR, Malaysia, June 20, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced it has been appointed by Cogia GmbH as the latter’s distributor for the promotion and sale of its communication application known as “Socializer Messenger”.
  • “Socializer Messenger” is owned and controlled by Cogia GmbH, a software company based in Germany, with extensive experience in software development, in AI, text mining, web monitoring and cyber security.
  • Once formalised, this distributorship is for a period of two years and will automatically be renewed for an additional year.
  • This (distributorship) will open up yet another revenue stream for us which will undoubtedly increase VCI Global’s value,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

VCI Global Marks Debut into Artificial Intelligence (“AI”) and Big Data Industries Through Partnership with Fusionex

Retrieved on: 
Friday, June 16, 2023

This partnership envisages VCI Global providing AI and big data consulting services to its clients.

Key Points: 
  • This partnership envisages VCI Global providing AI and big data consulting services to its clients.
  • With a primary focus on Southeast Asia, while keeping opportunities open worldwide, VCI Global has selected Fusionex as its technology partner.
  • With its expertise in analytics, Big Data, machine learning, and AI, the multi-award-winning data technology market leader, Fusionex, empowers its clients in managing invaluable insights from the vast amounts of data available.
  • The partnership with VCI Global serves as an impetus to augment their offerings with our technology solutions and expertise,” said Jacob Isaac, Managing Director (New Technologies) of Fusionex.

VCI Global Engaged As Sagtec Group Sdn Bhd’s IPO Consultant and Business Expansion Consultant

Retrieved on: 
Tuesday, June 13, 2023

KUALA LUMPUR, Malaysia, June 13, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that its wholly owned subsidiary, V Capital Consulting Limited (“VCCL”) has been appointed as Sagtec Group Sdn Bhd’s (“SAGTEC”) initial public offering (“IPO”) consultant.

Key Points: 
  • KUALA LUMPUR, Malaysia, June 13, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that its wholly owned subsidiary, V Capital Consulting Limited (“VCCL”) has been appointed as Sagtec Group Sdn Bhd’s (“SAGTEC”) initial public offering (“IPO”) consultant.
  • This IPO advisory mandate entails a USD2 million advisory fee and a success fee of 5% of the market capitalisation of SAGTEC when listed.
  • VCCL’s consultancy expertise was further sought as SAGTEC also appointed VCCL as its business expansion consultant in connection with SAGTEC’s plans to expand its business into the Southeast Asia region.
  • We are more than happy to provide our expertise to ensure the successful listing of SAGTEC on NASDAQ,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

VCI Global Declares Interim Dividend And Firms Up Dividend Policy

Retrieved on: 
Tuesday, June 6, 2023

KUALA LUMPUR, Malaysia, June 06, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has declared a first single tier interim dividend of USD0.01 per ordinary share.

Key Points: 
  • KUALA LUMPUR, Malaysia, June 06, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has declared a first single tier interim dividend of USD0.01 per ordinary share.
  • VCI Global also announced a change in its dividend policy where dividend will be paid on a regular basis at the end of each financial year.
  • “High growth companies, like VCI (Global), have generally not been known to be dividend paymasters.
  • The shareholders might well understand the need to preserve funds for expansions, their sacrifices nonetheless need to be remunerated,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

Infosys Grows Its Footprint in the Nordics with a New Proximity Centre in Oslo, Norway to Enable Digital Transformation Programs Within the Region

Retrieved on: 
Wednesday, June 7, 2023

This shows their commitment to their localization agenda and bringing next generation digital technology skills to the Norwegian Market.

Key Points: 
  • This shows their commitment to their localization agenda and bringing next generation digital technology skills to the Norwegian Market.
  • We welcome this move and are happy to support Infosys on their continuing journey in Norway and the Nordics."
  • We look forward to continuing our digital transformation journey in partnership with Infosys."
  • With its focus on digital transformation and innovative solutions, Infosys will undoubtedly contribute to the growth and success of Norwegian companies.

Infosys Grows Its Footprint in the Nordics with a New Proximity Centre in Oslo, Norway to Enable Digital Transformation Programs Within the Region

Retrieved on: 
Wednesday, June 7, 2023

This shows their commitment to their localization agenda and bringing next generation digital technology skills to the Norwegian Market.

Key Points: 
  • This shows their commitment to their localization agenda and bringing next generation digital technology skills to the Norwegian Market.
  • We welcome this move and are happy to support Infosys on their continuing journey in Norway and the Nordics."
  • We look forward to continuing our digital transformation journey in partnership with Infosys."
  • With its focus on digital transformation and innovative solutions, Infosys will undoubtedly contribute to the growth and success of Norwegian companies.

VCI Global engaged as consultant for RM600 million (approximately USD130 million) mixed development project in Melaka, Malaysia

Retrieved on: 
Thursday, June 1, 2023

This is with respect to the latter’s mixed development project known as Porto De Melaka, comprising residential and commercial units on a 9.91-acre commercial land in Melaka.

Key Points: 
  • This is with respect to the latter’s mixed development project known as Porto De Melaka, comprising residential and commercial units on a 9.91-acre commercial land in Melaka.
  • Melaka, located approximately 2 hours driving distance from the capital of Malaysia, Kuala Lumpur, attracts an average of 18 million tourist arrivals to the UNESCO Heritage Site of Melaka.
  • The site also boasts a waterfront resort living style and located next to the upcoming Melaka International Yacht Club.
  • The entire Porto De Melaka project, with a RM600 million (approximately USD130 million) gross development value (“GDV”), comprises one 241-room hotel, 1 block of serviced suite of 140 studio units and another 4 blocks of serviced apartments comprising 342 units.