LPF

Hywin Holdings Wins Key Honor from Hong Kong Limited Partnership Fund Association (HKLPFA)

Retrieved on: 
Monday, December 4, 2023

HONG KONG, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management and health management service provider in China, was recognized as “Best Provider of Family Office Services” at the “Hong Kong Limited Partnership Fund Association - Annual Awards 2023”, a tribute to its contributions to the Hong Kong-domiciled asset management industry, and its tireless efforts to connect the global family office sector with the financial eco-system of Hong Kong.

Key Points: 
  • HONG KONG, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management and health management service provider in China, was recognized as “Best Provider of Family Office Services” at the “Hong Kong Limited Partnership Fund Association - Annual Awards 2023”, a tribute to its contributions to the Hong Kong-domiciled asset management industry, and its tireless efforts to connect the global family office sector with the financial eco-system of Hong Kong.
  • “We are deeply pleased and honored to receive this award,” said Dr. Nick Xiao, Vice President of Hywin Holdings and Chief Executive Officer of Hywin International.
  • The HKLPFA is the industry association guiding and promoting the Limited Partnership Fund (LPF) regime in Hong Kong.
  • In February 2023, Hywin International, the fully-owned Hong Kong subsidiary of Hywin Holdings, was elected as Vice Chair of the Association.

Lacrosse Unlimited Launches Their First Program Development Grant

Retrieved on: 
Friday, November 3, 2023

EDGEWOOD, N.Y., Nov. 3, 2023 /PRNewswire-PRWeb/ -- Lacrosse Unlimited, the world's largest lacrosse equipment and apparel retailer, announced a new program, Lacrosse Unlimited Support Alliance (U.S.A.), offering support to individuals who are looking to start their own lacrosse program in their local community. Lacrosse Unlimited will also be working with Leveling The Playing Field, a company that redistributes equipment to expand access and equity within youth sports and recreation programs in under-resourced communities.

Key Points: 
  • Lacrosse Unlimited announces a new program, offering support to participants looking to launch their own lacrosse program.
  • EDGEWOOD, N.Y., Nov. 3, 2023 /PRNewswire-PRWeb/ -- Lacrosse Unlimited, the world's largest lacrosse equipment and apparel retailer, announced a new program, Lacrosse Unlimited Support Alliance (U.S.A.), offering support to individuals who are looking to start their own lacrosse program in their local community.
  • We are so excited to partner with Lacrosse Unlimited through the U.S.A. Grant Program to help remove that equipment barrier and expand access to the sport of lacrosse for kids in need," Kaitlin Brennan, Director of Operations.
  • Together, we can build a brighter future for lacrosse, empowering aspiring entrepreneurs to make their mark in the world of sports," Joe DeSimone, CEO of Lacrosse Unlimited.

Hywin International Becomes Vice Chair Member of The Hong Kong Limited Partnership Fund Association (HKLPFA)

Retrieved on: 
Wednesday, February 22, 2023

HONG KONG, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, announced that its Hong Kong subsidiary “Hywin International” was elected as Vice Chair of the Hong Kong Limited Partnership Fund Association (HKLPFA), a testament to Hywin’s intellectual leadership in alternatives asset management and its contributions to the Hong Kong-domiciled private equity industry.

Key Points: 
  • HONG KONG, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, announced that its Hong Kong subsidiary “Hywin International” was elected as Vice Chair of the Hong Kong Limited Partnership Fund Association (HKLPFA), a testament to Hywin’s intellectual leadership in alternatives asset management and its contributions to the Hong Kong-domiciled private equity industry.
  • Madame Wang Dian, Chief Executive Officer of Hywin Holdings, and Dr. Nick Xiao, Hywin International
    The HKLPFA is the industry association guiding and promoting the Limited Partnership Fund (LPF) regime in Hong Kong.
  • We are confident Hywin will continue to leverage its global connections to help enrich the Hong Kong LPF eco-system.”
    Dr. Nick Xiao, Chief Executive Officer of Hywin International, expressed his gratitude.
  • Hong Kong LPF is the future, and Hywin is truly pleased to be part of it,” said Madame Wang.

The Chicago Faucet Company Celebrates 15 Year Partnership with EPA WaterSense

Retrieved on: 
Wednesday, February 15, 2023

DES PLAINES, Ill., Feb. 15, 2023 /PRNewswire-PRWeb/ -- The Chicago Faucet Company (CFC), a Geberit Group company, is proud to celebrate its 15-year partnership with WaterSense, a program sponsored by the EPA. Both company brands, Chicago Faucets and Geberit join WaterSense in promoting efficiency and enhancing the market for water efficient products, programs and practices while protecting the future of our nation's water supply. Both of the company's brands: Chicago Faucets and Geberit offer products that are WaterSense listed.

Key Points: 
  • The Chicago Faucet Company (CFC), a Geberit Group company, is proud to celebrate its 15-year partnership with WaterSense, a program sponsored by the EPA.
  • DES PLAINES, Ill., Feb. 15, 2023 /PRNewswire-PRWeb/ -- The Chicago Faucet Company (CFC), a Geberit Group company, is proud to celebrate its 15-year partnership with WaterSense, a program sponsored by the EPA.
  • Both the Chicago Faucet Company along with our parent company in Europe, the Geberit Group take sustainability seriously.
  • For additional information, contact The Chicago Faucet Company at 2100 South Clearwater Drive, Des Plaines, IL 60018, or call 800-566-2100 or visit chicagofaucets.com .

The Argentine Football Association (AFA) Partners with Upland to Expand the Realm of Fandom of the First Division of Argentina to the Metaverse

Retrieved on: 
Sunday, January 22, 2023

This deal represents the first presence of Argentine soccer in the metaverse and the first time Upland has offered exclusive ownership of in-game video to its fans.

Key Points: 
  • This deal represents the first presence of Argentine soccer in the metaverse and the first time Upland has offered exclusive ownership of in-game video to its fans.
  • Through this strategic partnership, Argentine soccer fans will gain a unique experience within the metaverse benefiting from a community environment focused on first division football.
  • Claudio Fabian Tapia, President of AFA, said: “We are very happy to present this new commercial strategic agreement with Upland.
  • With this agreement with Upland, we are achieving a great goal for the Argentine Professional Football League.

Panasonic LUMIX GH6 is Named as CES 2023 Innovation Awards Honoree

Retrieved on: 
Wednesday, January 4, 2023

LAS VEGAS, Jan. 4, 2023 /PRNewswire/ -- The Consumer Technology Association (CTA)® named the LUMIX GH6 a CES® 2023 Innovation Awards Honoree in the Digital Imaging & Photography category. The LUMIX GH6 is honored for its cutting-edge technologies, outstanding performance, responsiveness, and reliability. The announcement was made ahead of the Consumer Electronics Show (CES) 2023, the most influential technology event of the year, which will take place January 5-8, 2023, in Las Vegas, NV and digitally.

Key Points: 
  • CES Innovation Awards Honors the New, Cutting-Edge LUMIX GH6 Camera
    LAS VEGAS, Jan. 4, 2023 /PRNewswire/ -- The Consumer Technology Association (CTA)® named the LUMIX GH6 a CES® 2023 Innovation Awards Honoree in the Digital Imaging & Photography category.
  • "We are proud that the LUMIX GH6 has been named a CES 2023 Innovation Award Honoree," said Anthony Hanna, Group Product Manager - Imaging.
  • The LUMIX GH6 is equipped with key improvements in performance and technology, while also maintaining reliability and ease of use.
  • The LUMIX GH6 is available for purchase at valued channel partners and on display at the Innovation Award Showcase at CES 2023.

DL Holdings Announces 2022 Interim Results

Retrieved on: 
Thursday, December 1, 2022

HONG KONG, Nov. 30, 2022 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company" and its subsidiaries (together, the "Group"), Stock Code: 1709.HK) is pleased to announce its unaudited consolidated interim results for the six months ended 30 September 2022 (the "1H FY2022").

Key Points: 
  • HONG KONG, Nov. 30, 2022 /PRNewswire/ --DL Holdings Group Limited ("DL Holdings" or the "Company" and its subsidiaries (together, the "Group"), Stock Code: 1709.HK) is pleased to announce its unaudited consolidated interim results for the six months ended 30 September 2022 (the "1H FY2022").
  • It will facilitate DL Holdings' wealth management and impact investment pipeline in Singapore and North American markets, and expand its asset management scale and business scope.
  • DL Holdings (1709.HK) also holds a Singapore RFMC fund license, a Cayman Islands SIBL fund license and owns more than 18 Hong Kong limited partnership funds (LPF) for investing Private Equity.
  • This press release is issued by Joint PR Consultants Limited on behalf of DL Holdings Group Limited.

StateHouse Holdings Inc. Reports Third Quarter 2022 Financial Results

Retrieved on: 
Wednesday, November 23, 2022

SAN DIEGO and TORONTO, Nov. 22, 2022 /PRNewswire/ - StateHouse Holdings Inc. ("StateHouse" or the "Company") (CSE: STHZ) (OTCQX: STHZF), a California-focused, vertically integrated cannabis enterprise, today announced its financial results for the three and nine months ended September 30, 2022 ("Q3 2022" and "YTD 2022", respectively), and provided additional business updates.

Key Points: 
  • SAN DIEGO and TORONTO, Nov. 22, 2022 /PRNewswire/ - StateHouse Holdings Inc. ("StateHouse" or the "Company") (CSE: STHZ) (OTCQX: STHZF), a California-focused, vertically integrated cannabis enterprise, today announced its financial results for the three and nine months ended September 30, 2022 ("Q3 2022" and "YTD 2022", respectively), and provided additional business updates.
  • With much of this important combination work complete, we are exiting 2022 as a leading, fully integrated California-focused cannabis company."
  • Officially changed the Company name to StateHouse Holdings Inc. and completed the reclassification of subordinate voting shares and multiple voting shares as Common Shares.
  • Additionally, SG&A expenses in the third quarter of 2022 were impacted by one-time charges of $1.9 million related to integration work and improvements in efficiency.

Burns & Levinson Named a Finalist in Two M&A Advisor "Deal of the Year" Categories

Retrieved on: 
Thursday, October 13, 2022

BOSTON, Oct. 13, 2022 /PRNewswire/ -- Burns & Levinson has been named a finalist in the 21st Annual M&A Advisor Awards in two categories including the Materials Deal of the Year and the Consumer Staples Deal of the Year.

Key Points: 
  • BOSTON, Oct. 13, 2022 /PRNewswire/ -- Burns & Levinson has been named a finalist in the 21st Annual M&A Advisor Awards in two categories including the Materials Deal of the Year and the Consumer Staples Deal of the Year.
  • The M&A Advisor Awards recognize the top M&A deals, firms and professionals, and the winners will be announced on November 15, 2022 in New York City.
  • With a practical, business-minded approach, Burns & Levinson is focused on sophisticated, partner-led, cost-effective representation of middle-market buyers and sellers in a range of transactions.
  • At Burns & Levinson, we provide high-level, client-centric and results-oriented legal services to our regional, national and international clients.

DL Holdings Group (1709.HK) Reports Net Profit of Over HK$100 Million

Retrieved on: 
Monday, June 27, 2022

HONG KONG, June 27, 2022 /PRNewswire/ -- Focused on the needs of its core family office clients, DL Holdings Group (DL Holdings, DL), with US$3 billion in assets under management and advisory, is transforming itself into a "multi-family office and investment platform" with its own capital and assets, which will differentiate itself from industry peers such as single-family offices, multi-family offices on an advisory basis, multi-family offices on a discretionary basis, and traditional funds and asset management companies. DL Holdings aims to provide comprehensive services such as private banking, investment banking, funds, trusts, immigration, education, philanthropy, and impact investing. It has expanded its footprint to the Chinese Mainland, Singapore, the United States, and Japan, with an eye on becoming the leading multi-family office and investment platform in the Asia-Pacific region.

Key Points: 
  • DL Holdings aims to provide comprehensive services such as private banking, investment banking, funds, trusts, immigration, education, philanthropy, and impact investing.
  • For the year that ended on 31 March 2022, the company posted total revenue of HK$309 million, gross profit of HK$170 million, gross profit margin of 55.9%, net profit of HK$110 million, and a net profit margin of 35.5%.
  • Despite a highly volatile market in 2021-2022, DL Holdings managed to post a trend-setting net profit of over HK$100 million, reflecting its strong competitive advantages in the industry.
  • According to its annual report, the company's provisions for financial services from licensed businesses generated HK$140 million in revenue and HK$72 million in profit.