ACRA

Kitchen Culture: Update on Progress towards Resumption of Trading of the Company's Shares

Retrieved on: 
Friday, November 17, 2023

This is a significant and necessary step forward in getting the Company back on the path of accountability, restoration?and fulfilling all its statutory responsibilities to shareholders."

Key Points: 
  • This is a significant and necessary step forward in getting the Company back on the path of accountability, restoration?and fulfilling all its statutory responsibilities to shareholders."
  • "Holding the EGM marks a vital milestone towards the Board's ultimate goal of obtaining SGX approval for the resumption of trading of the Company's shares.
  • Since 12 July 2021, the Company's shares have been suspended due to a variety of issues including non-compliance and systemic internal failures.
  • Ltd. by the end of the year, in compliance with statutory requirements, and is another key factor in the resumption of trading of the Company's shares.

Grindrod Shipping Holdings Ltd. Announces Effective Date of the Proposed Capital Reduction and Notice of the Record Date and the Cash Distribution Date for the Proposed Capital Reduction

Retrieved on: 
Friday, September 29, 2023

Unless otherwise defined, all capitalised terms and references used herein shall bear the same meaning ascribed to them in the Notice.

Key Points: 
  • Unless otherwise defined, all capitalised terms and references used herein shall bear the same meaning ascribed to them in the Notice.
  • With the lodgement of the aforesaid documents, the Proposed Capital Reduction will take effect as of September 29, 2023.
  • These agreements are subject to customary closing conditions with an estimated closing date of October 3, 2023.
  • The capital distribution to be distributed by the Company is regarded as a “capital distribution” and is not subject to any tax in Singapore.

Kitchen Culture: Business Update on Outstanding Legacy Issues and Strategy to Move Forward

Retrieved on: 
Monday, August 7, 2023

The Company has also not filed its annual return with ACRA within the timelines required under the Companies Act;

Key Points: 
  • The Company has also not filed its annual return with ACRA within the timelines required under the Companies Act;
    f. a previous internal audit conducted by Baker Tilly Consultancy (Singapore) Pte.
  • "The Company is committed to addressing the significant challenges and legacy issues inherited from the previous Board in a positive and transparent manner, with full accountability to our shareholders.
  • We look forward to working closely with all stakeholders to ensure a successful future for the Company", added Mdm Hao.
  • This media release has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor").

Highlights - FISC Mission to Singapore - Subcommittee on Tax Matters

Retrieved on: 
Thursday, July 20, 2023

FISC Mission to Singapore

Key Points: 
  • FISC Mission to Singapore
    Members of the FISC Subcommittee will travel to Singapore from 25 to 27 July 2023 in order to discuss developments in the area of international taxation and the fight against tax avoidance and evasion.
  • Meetings with the Chief Executives of the Accounting and Corporate Regulatory Authority (ACRA) and Inland Revenue Authority (IRA), as well as stakeholders from professional associations and academia will also take place.
  • The discussions will notably focus on the implementation of the OECD/G20 Inclusive Framework agreement on an international tax reform and Singapore's efforts to combat tax evasion and avoidance.
  • The attractiveness of Singapore for MNEs or very rich individuals will also be discussed, together with Singapore's readiness to implement or improve standards on good tax governance.

AM Best Revises Outlooks to Positive for Athene Holding Ltd. and Its Subsidiaries

Retrieved on: 
Thursday, May 25, 2023

Athene is the consolidation of the organization’s U.S. operating companies, along with its affiliated reinsurance companies domiciled in Bermuda.

Key Points: 
  • Athene is the consolidation of the organization’s U.S. operating companies, along with its affiliated reinsurance companies domiciled in Bermuda.
  • Additionally, AM Best has revised the outlooks to positive from stable and affirmed the Long-Term ICR of “bbb+” (Good), the Long-Term Issue Credit Ratings (Long-Term IRs) and the indicative Long-Term IRs of Athene Holding Ltd. (Bermuda).
  • Athene Holding Ltd. operates as the holding company for the U.S. and Bermuda operations.
  • The positive outlooks reflect a continuing trend of Athene’s improving balance sheet strength.

Aspen, Snowmass Village, Basalt, Carbondale, and Glenwood Springs Unveil The Roaring Fork + Farm Map, a New Local Food and Farm Visitor Guide

Retrieved on: 
Thursday, May 11, 2023

Farms and ranches supplied Aspen’s food in the mining era and the buildings for the Anderson Ranch Arts Center campus.

Key Points: 
  • Farms and ranches supplied Aspen’s food in the mining era and the buildings for the Anderson Ranch Arts Center campus.
  • Snowmass’ agricultural and local food traditions continue today through pastoral landscapes, authentic dining options, and food-centered special events.
  • Many local lodges and hotels, restaurants, and small businesses in the Roaring Fork Valley will also display the guide.
  • Note to Editors: images, including the visitor guide Roaring Fork Valley illustration and artist biography details, are available at this folder .

ASTI Says Requisitioners' Call for Board Overhaul Could Disrupt Operations After Recent Financial Turnaround, and Be Counter-Productive to An Exit Offer

Retrieved on: 
Thursday, April 27, 2023

In FY2020, Mr. Soh was ASTI Group's highest-earning employee (excluding the CEO and directors) with an annual remuneration range of S$500,000 to S$599,999.

Key Points: 
  • In FY2020, Mr. Soh was ASTI Group's highest-earning employee (excluding the CEO and directors) with an annual remuneration range of S$500,000 to S$599,999.
  • ASTI is currently in discussions with Thailand-listed Capital Engineering Network Public Company Limited on a potential exit offer.
  • The Proposed Resolutions would also be counter-productive to the Board's efforts to secure an exit offer in the near future" ASTI added.
  • ASTI directors believe Mr. Ng has limited experience managing a listed company and "in navigating the company through the delisting and exit offer processes."

PhosAgro PJSC: PhosAgro Successfully Debuts on Russian Debt Market with Yuan-Denominated Bonds

Retrieved on: 
Saturday, April 15, 2023

Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that it successfully completed the book build for its first-ever issue of exchange-traded bonds in the amount of CNY 2 billion on Moscow Exchange.

Key Points: 
  • Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that it successfully completed the book build for its first-ever issue of exchange-traded bonds in the amount of CNY 2 billion on Moscow Exchange.
  • The bonds have a par value of CNY 1,000, a coupon period of 91 days and maturity in three years.
  • Mikhail Rybnikov, CEO and Chairman of the Management Board of PhosAgro, said:
    “Amid the current environment, we had quite a successful debut on Moscow Exchange with foreign-currency bonds.
  • In so doing, we have discovered a new space for raising capital on terms that are comfortable for the Company.”

PhosAgro PJSC: PhosAgro Receives First-Ever Credit Rating from Expert RA: AAA (RU) with Stable Outlook

Retrieved on: 
Friday, March 31, 2023

PhosAgro PJSC: PhosAgro Receives First-Ever Credit Rating from Expert RA: AAA (RU) with Stable Outlook

Key Points: 
  • PhosAgro PJSC: PhosAgro Receives First-Ever Credit Rating from Expert RA: AAA (RU) with Stable Outlook
    The issuer is solely responsible for the content of this announcement.
  • PhosAgro Receives First-Ever Credit Rating from Expert RA: AAA (RU) with Stable Outlook
    Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that the credit rating agency Expert RA has assigned PhosAgro a credit rating for the first time: the AAA rating (with a stable outlook) is the highest possible on Russia’s national scale: https://raexpert.ru/releases/2023/mar30b.
  • Earlier, PhosAgro also received a AAA(RU) rating with a stable outlook from ACRA.

PhosAgro PJSC: PhosAgro’s First-Ever ACRA Credit Rating at Highest Possible Level: AAA (RU) with Stable Outlook

Retrieved on: 
Tuesday, March 28, 2023

PhosAgro PJSC: PhosAgro’s First-Ever ACRA Credit Rating at Highest Possible Level: AAA (RU) with Stable Outlook

Key Points: 
  • PhosAgro PJSC: PhosAgro’s First-Ever ACRA Credit Rating at Highest Possible Level: AAA (RU) with Stable Outlook
    The issuer is solely responsible for the content of this announcement.
  • PhosAgro’s First-Ever ACRA Credit Rating at Highest Possible Level: AAA (RU) with Stable Outlook
    Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that the Analytical Credit Rating Agency (ACRA) has assigned PhosAgro a credit rating for the first time: the AAA rating (with a stable outlook) is the highest rating available: https://www.acra-ratings.ru/press-releases/3875/?lang=en