KF

The Korea Fund, Inc. Declares Year-End Distributions

Retrieved on: 
Saturday, December 17, 2022

The distributions will be payable on January 9, 2023 to shareholders of record on December 27, 2022 with an ex-dividend date of December 23, 2022.

Key Points: 
  • The distributions will be payable on January 9, 2023 to shareholders of record on December 27, 2022 with an ex-dividend date of December 23, 2022.
  • While the total amount of the distributions will not change, the characterization for tax purposes, as stated above, may be different from the characterization of such distributions that existed at the time of this press release.
  • Factors contributing to the character include the varied nature of the Fund's investments and the performance of those investments.
  • Additional information regarding the distributions will be made available at www.thekoreafund.com after the payable date.

CMC Electronics wins contract with KAI

Retrieved on: 
Monday, July 11, 2022

MONTREAL, July 11, 2022 /PRNewswire/ - CMC Electronics (CMC) is pleased to announce that Korea Aerospace Industries (KAI) has awarded a new contract to CMC for the modernization of the Republic of Korea Air Force (ROKAF) fleet of KA-1 trainer aircraft used for advanced mission training and light attack missions.

Key Points: 
  • MONTREAL, July 11, 2022 /PRNewswire/ - CMC Electronics (CMC) is pleased to announce that Korea Aerospace Industries (KAI) has awarded a new contract to CMC for the modernization of the Republic of Korea Air Force (ROKAF) fleet of KA-1 trainer aircraft used for advanced mission training and light attack missions.
  • The PU-3000 software development kit also allows KAI to develop specific proprietary mission applications on their own.
  • "This new contract is a timely and strategic development for all parties involved.
  • commented Mr. Brad Nolen, Vice President, Sales and Marketing at CMC Electronics.

World-first Integrated Testing Facility for Fusion Power Plant Equipment to be Constructed in Japan

Retrieved on: 
Wednesday, July 6, 2022

A world first, this facility, named UNITY: Unique Integrated Testing Facility, is on a path to demonstrate electricity generation using fusion relevant technologies in 2024.

Key Points: 
  • A world first, this facility, named UNITY: Unique Integrated Testing Facility, is on a path to demonstrate electricity generation using fusion relevant technologies in 2024.
  • UNITY has a pioneering design that can test both the heat extraction and fuel cycle systems required for fusion power plants in a single facility.
  • To further strengthen our position in the fusion engineering domain, KF has decided to construct UNITY, the world's first integrated testing facility for fusion power plant components.
  • UNITY will enable integrated testing of a suite of energy conversion equipment in a fusion power plant without the use of nuclear reactions by engineeringly simulating the thermal and magnetic environment within a fusion power core.

Kessler Foundation Launches Center for Autism Research

Retrieved on: 
Wednesday, April 13, 2022

EAST HANOVER, N.J., April 13, 2022 /PRNewswire/ --Kessler Foundation announces the opening of the Center for Autism Research , which is dedicated to developing evidence-based research for children, adolescents, and adults on the autism spectrum.

Key Points: 
  • EAST HANOVER, N.J., April 13, 2022 /PRNewswire/ --Kessler Foundation announces the opening of the Center for Autism Research , which is dedicated to developing evidence-based research for children, adolescents, and adults on the autism spectrum.
  • "Today marks a turning point in autism spectrum disorder research," said Rodger DeRose , president and CEO of Kessler Foundation.
  • "With thesupport of our donors and the work of our scientists and collaborators, we are confident that our Center for Autism Research will deliver much needed behavioral breakthroughs to the autism community," he said.
  • The Center directly involves the autism community in multiple aspects of research, ensuring that the science is informed by those who matter the most.

Kyoto Fusioneering Raises US$18.6M in Oversubscribed Series B Funding Round and Debt Financing

Retrieved on: 
Wednesday, February 2, 2022

KYOTO, Japan, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Kyoto Fusioneering, the first fusion energy startup in Asia and Japan, has raised 1.33 billion yen (US$ 11.7 million) in its latest round of funding. The oversubscribed series B funding round was supported by existing investors, Coral Capital Co., and underwritten by five new investors from some of Japan's top VC firms (in alphabetical order): Daiwa Corporate Investment, DBJ Capital, JAFCO Group, JGC MIRAI Innovation Fund and JIC Venture Growth Investments. This capital increase brings the total amount of funds raised by Kyoto Fusioneering Ltd. to 1.67 billion yen (US$ 14.7 million).

Key Points: 
  • Kyoto Fusioneering Ltd - a fusion reactor technology company, based in Kyoto, Japan - has raised a total of US$18.6M in Series B funding and debt financing.
  • KYOTO, Japan, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Kyoto Fusioneering, the first fusion energy startup in Asia and Japan, has raised 1.33 billion yen (US$ 11.7 million) in its latest round of funding.
  • This capital increase brings the total amount of funds raised by Kyoto Fusioneering Ltd. to 1.67 billion yen (US$ 14.7 million).
  • Were excited to back Kyoto Fusioneering once again, and to see their incredible progress toward building out a fusion energy future.

The Korea Fund, Inc. Declares Year-End Distributions

Retrieved on: 
Friday, December 17, 2021

The distributions will be payable on January 10, 2022 to shareholders of record on December 27, 2021 with an ex-dividend date of December 23, 2021.

Key Points: 
  • The distributions will be payable on January 10, 2022 to shareholders of record on December 27, 2021 with an ex-dividend date of December 23, 2021.
  • While the total amount of the distributions will not change, the characterization for tax purposes, as stated above, may be different from the characterization of such distributions that existed at the time of this press release.
  • Factors contributing to the character include the varied nature of the Fund's investments and the performance of those investments.
  • Additional information regarding the distributions will be made available at www.thekoreafund.com after the payable date.

The Korea Fund, Inc. Resumes Its Discount Management Program

Retrieved on: 
Tuesday, November 30, 2021

The Board has determined the resumption of the Program would be in the best interest of the Fund and its stockholders.

Key Points: 
  • The Board has determined the resumption of the Program would be in the best interest of the Fund and its stockholders.
  • The Korea Fund, Inc. is a non-diversified, closed-end investment company.
  • The Fund seeks long-term capital appreciation through investing primarily in equity securities trading on the Korean stock exchanges.
  • Closed-end funds trade on their market value, not NAV, and closed-end funds often trade at a discount to their NAV.

Klingenstein Fields Advisors named to Barron's Top 100 RIA Firms

Retrieved on: 
Tuesday, September 28, 2021

NEW YORK, Sept. 28, 2021 /PRNewswire/ --Klingenstein Fields Advisors (KF Advisors), an independent investment advisor with approximately $4.5 billion in assets under management (AUM), has been named to Barron's Top 100 RIA Firms for 2021.

Key Points: 
  • NEW YORK, Sept. 28, 2021 /PRNewswire/ --Klingenstein Fields Advisors (KF Advisors), an independent investment advisor with approximately $4.5 billion in assets under management (AUM), has been named to Barron's Top 100 RIA Firms for 2021.
  • This is Barron's sixth annual ranking of registered independent advisory firms and recognizes top advisory firms nationwide.
  • "We are thrilled to be recognized as one of Barron's Top 100 RIA Firms this year," said Kenneth D. Pollinger, Co-Chairman and CEO of KF Advisors.
  • KF Advisors is an independent advisor registered with the Securities and Exchange Commission and based in New York City.

Alyssa Gelper Joins Klingenstein Fields Advisors as a Managing Director, Senior Advisor

Retrieved on: 
Tuesday, September 21, 2021

NEW YORK, Sept. 21, 2021 /PRNewswire/ -- Klingenstein Fields Advisors (KF Advisors), an advisory firm providing personalized wealth and investment management to individuals, families, and non-profits, is pleased to announce that Alyssa Gelper has joined the firm as a Managing Director, Senior Advisor.

Key Points: 
  • NEW YORK, Sept. 21, 2021 /PRNewswire/ -- Klingenstein Fields Advisors (KF Advisors), an advisory firm providing personalized wealth and investment management to individuals, families, and non-profits, is pleased to announce that Alyssa Gelper has joined the firm as a Managing Director, Senior Advisor.
  • Ms. Gelper will be responsible for managing client relationships and advising high-net-worth and institutional clients on a range of wealth, planning, and investment management issues.
  • Most recently, Ms. Gelper was with HSBC in the Private Bank as Head of US Collaboration, where she spearheaded cross-divisional business development efforts in the US.
  • While there, Ms. Gelper also built an initiative dedicated to serving women's unique wealth management needs.