IHO

EQS-News: Schaeffler AG to Launch Public Tender Offer for Outstanding Shares of Vitesco Technologies Group AGto Create a Leading Motion Technology Company

Retrieved on: 
Tuesday, October 17, 2023

Public tender offer for all outstanding shares of Vitesco Technologies Group AG; offer price of 91 euros represents an attractive premium of around 20 percent on the 3-month volume-weighted average share price

Key Points: 
  • Public tender offer for all outstanding shares of Vitesco Technologies Group AG; offer price of 91 euros represents an attractive premium of around 20 percent on the 3-month volume-weighted average share price
    Compelling strategic logic through complementary technology portfolios, leveraging the accelerating growth opportunity in e-mobility
    Herzogenaurach | October 9, 2023 | The Executive Board of Schaeffler AG (‘Schaeffler”) has, with consent of the Supervisory Board, decided today to launch a public tender offer for all outstanding shares in Vitesco Technologies Group AG (“Vitesco”) (ISIN: DE000VTSC017) to create a leading Motion Technology Company with four focused divisions.
  • Vitesco shareholders can tender their shares into the offer to realize the attractive premium offered by Schaeffler.
  • The tender offer is the first step of a planned three-step overall transaction that will lead to a merger of Vitesco Technologies Group AG into Schaeffler AG.
  • Klaus Rosenfeld, CEO of Schaeffler AG, said: “With the launch of the tender offer today, we are initiating a transformative move for Schaeffler.

Conductive.ai and Highstreet Partner to Bring Metaverse to the Masses

Retrieved on: 
Wednesday, August 16, 2023

Highstreet to integrate Conductive.ai's zero-click onboarding and Web3 analytics dashboard to streamline the journey of the next billion users

Key Points: 
  • Conductive.ai is an onboarding platform that provides Web3 infrastructure for games, while Highstreet is a commerce-centered metaverse that seamlessly blends MMO gaming, phygital retail, and brand discovery.
  • In addition, the analytics provided by Conductive.ai offers Highstreet an unprecedented ability to improve Web3 user experience through data-driven decisions.
  • Steve Ip, Conductive.ai CEO and Co-Founder, said, "We are thrilled to collaborate with Highstreet and bring our Web3 infrastructure to the Highstreet metaverse, empowering Highstreet to simplify onboarding on to Web3 and attract more users.
  • We aim to help Highstreet to become the first entry-point for users to enter into the metaverse and enjoy a hub of virtual experiences."

Southside Church of Christ and John Stanley, Inc. Celebrate the Groundbreaking of Serenity, a $35 Million Mixed-Use Affordable Rental Homeless Project for Seniors

Retrieved on: 
Tuesday, September 20, 2022

The project is a partnership between John Stanley, Inc. ("John Stanley"), Southside Church of Christ ("Southside"), and Innovative Housing Opportunities ("IHO").

Key Points: 
  • The project is a partnership between John Stanley, Inc. ("John Stanley"), Southside Church of Christ ("Southside"), and Innovative Housing Opportunities ("IHO").
  • Serenity is a mixed-use 50-unit affordable rental homeless senior project with ground-floor commercial space located on 0.82 acres, the former church parking lot of Southside Church of Christ.
  • The project will serve 18 chronically homeless and 18 homeless seniors, and 14 non-homeless independent senior households.
  • The project is being built on Southside Church of Christ's parking lot, and development includes the replacement of the church parking.

Highstreet Redefines Metaverse Life via Home Sales With Animoca Brands

Retrieved on: 
Monday, August 1, 2022

The residences will exist in the Highstreet World metaverse's Animoca Archipelago, where Animoca Brands' IP will take center stage, turning the island chain into an immersive theme park.

Key Points: 
  • The residences will exist in the Highstreet World metaverse's Animoca Archipelago, where Animoca Brands' IP will take center stage, turning the island chain into an immersive theme park.
  • Other Web3 regions in Highstreet World include Binance Beach, AVAX Alps, and Everyrealm, with additional regions powered by traditional brands to be announced soon.
  • Additionally, this strategic partnership opens up new possibilities to significantly augment Highstreet World by integrating with Animoca Brands' portfolio companies.
  • Animoca Archipelago comprises a network of islands that each represent a brand or game that is part of Animoca Brands or that Animoca brands has invested in.

Seabed 2030 Enters New Partnership with Terradepth in a Collaboration That Will Boost Project’s Crowdsourcing Initiatives

Retrieved on: 
Wednesday, July 13, 2022

Terradepth and The Nippon Foundation-GEBCO Seabed 2030 project have announced a new partnership which will utilize Terradepth's geospatial data portal known as Absolute Ocean.

Key Points: 
  • Terradepth and The Nippon Foundation-GEBCO Seabed 2030 project have announced a new partnership which will utilize Terradepth's geospatial data portal known as Absolute Ocean.
  • Seabed 2030 will use Absolute Ocean as a data visualization and exploration tool as part of the international effort to map the entire ocean floor.
  • Depicted for the Seabed 2030 Global Center within Terradepth's Absolute Ocean portal.
  • Seabed 2030 comprises five Data Centers four Regional Centers and one Global Center which are responsible for coordinating and assembling mapping data.

Appreciation of ICPC Advice by Indonesian Naval Hydro-Oceanography Center (Pushidrosal)

Retrieved on: 
Tuesday, July 5, 2022

The personalised plaque was granted to ICPC due to its support and advice related to submarine cable route planning, installation, and maintenance best practices.

Key Points: 
  • The personalised plaque was granted to ICPC due to its support and advice related to submarine cable route planning, installation, and maintenance best practices.
  • On behalf of the global organisation that is dedicated to the sharing of information for the common interest of all seabed users, the plaque was graciously accepted by the ICPC.
  • How best practices aligned with the importance of Indonesian Marine Spatial Planning objectives were also discussed.
  • The ICPC has over 185 Members from over 60 nations, including cable operators, owners, manufacturers, industry service providers, as well as governments.

LBank Exchange Will List Rens Token (RENS) on May 31, 2022

Retrieved on: 
Tuesday, May 31, 2022

Internet City, Dubai--(Newsfile Corp. - May 30, 2022) - LBank Exchange, a global digital asset trading platform, will list Rens Token (RENS) on May 30, 2022.

Key Points: 
  • Internet City, Dubai--(Newsfile Corp. - May 30, 2022) - LBank Exchange, a global digital asset trading platform, will list Rens Token (RENS) on May 30, 2022.
  • Its native token Rens Token (RENS) will be listed on LBank Exchange at 18:00 (UTC+8) on May 31, 2022, to further expand its global reach and help it achieve its vision.
  • RENS will be listed on LBank Exchange at 18:00 (UTC+8) on May 31, 2022, investors who are interested in the Rens Project investment can easily buy and sell RENS token on LBank Exchange by then.
  • The listing of RENS on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

DGAP-News: Schaeffler AG: Schaeffler Group celebrates company anniversary - in motion for the last 75 years

Retrieved on: 
Tuesday, November 30, 2021

E.h. Georg Schaeffler laid the foundation for today's company when they founded Industrie GmbH in Herzogenaurach in 1946.

Key Points: 
  • E.h. Georg Schaeffler laid the foundation for today's company when they founded Industrie GmbH in Herzogenaurach in 1946.
  • Accordingly, Schaeffler is celebrating 75 years of progress, technological innovation, and economic success with a virtual anniversary ceremony for all its employees as well as selected industry and government guests.
  • E.h. Georg Schaeffler, which revolutionized motion and mobility in the automotive and industrial sectors.
  • To mark Schaeffler's 75th anniversary, Schaeffler AG and IHO Holding are establishing the Schaeffler Foundation in an effort to emphasize the social responsibility of the Schaeffler Group and its family shareholders.

MOF Finished the 5th Digital@Sea AP 2021 with Success

Retrieved on: 
Tuesday, September 14, 2021

The Ministry of Oceans and Fisheries held the "5th Digital@Sea Asia Pacific Conference" at Sejong Convention Center on 8 to 9 September.

Key Points: 
  • The Ministry of Oceans and Fisheries held the "5th Digital@Sea Asia Pacific Conference" at Sejong Convention Center on 8 to 9 September.
  • The conference was livestreamed online on a domestic video meeting platform to stop the spread of COVID-19.
  • Sponsored by IALA, DMA, IHO, IMO and AMSA, the conference finished in great success with nearly 800 participants from more than 50 countries including officials and experts from governments, academia and related industries.
  • the conference was an important opportunity in building an international consensus on the establishment of a maritime digital cluster and continue international cooperation."

MOF Finished the 5th Digital@Sea AP 2021 with Success

Retrieved on: 
Tuesday, September 14, 2021

The Ministry of Oceans and Fisheries held the "5th Digital@Sea Asia Pacific Conference" at Sejong Convention Center on 8 to 9 September.

Key Points: 
  • The Ministry of Oceans and Fisheries held the "5th Digital@Sea Asia Pacific Conference" at Sejong Convention Center on 8 to 9 September.
  • The conference was livestreamed online on a domestic video meeting platform to stop the spread of COVID-19.
  • Sponsored by IALA, DMA, IHO, IMO and AMSA, the conference finished in great success with nearly 800 participants from more than 50 countries including officials and experts from governments, academia and related industries.
  • the conference was an important opportunity in building an international consensus on the establishment of a maritime digital cluster and continue international cooperation."