High Court of Singapore

Genius Group Announces 120.76% Revenue Growth for First Half of 2023

Retrieved on: 
Friday, September 29, 2023
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SINGAPORE, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, today announced its financial results for the first half of 2023.

Key Points: 
  • SINGAPORE, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, today announced its financial results for the first half of 2023.
  • “We are extremely pleased with the revenue growth we have achieved in the first six months of 2023, and anticipate reporting even stronger numbers for the second half of the year.
  • We believe that the revenue growth we have experienced exceeds the industry as a whole, and underlines the demand for our unique entrepreneur curriculum and the strength of our Edtech business model.” said Roger Hamilton, CEO of Genius Group.
  • Webcast: Click on this link or go to the Investor Relations section of the Genius Group website to listen and view the slides.

RHTLaw Asia Expands Debt Recovery Expertise with New Partner Addition

Retrieved on: 
Tuesday, July 11, 2023
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SINGAPORE, July 11, 2023 - (ACN Newswire) - RHTLaw Asia, a regional law firm headquartered in Singapore, has appointed Mr Vernon Voon as Partner to oversee the firm's debt recovery portfolio.

Key Points: 
  • SINGAPORE, July 11, 2023 - (ACN Newswire) - RHTLaw Asia, a regional law firm headquartered in Singapore, has appointed Mr Vernon Voon as Partner to oversee the firm's debt recovery portfolio.
  • Vernon brings extensive experience and expertise in assisting clients with debt recovery litigation and management.
  • "With a deep understanding of the complexities involved in debt recovery, I am committed to delivering effective solutions to our clients in their pursuit of debt resolution and recovery.
  • RHTLaw Asia Managing Partner, Mr Azman Jaafar, said, "We are very familiar with Vernon, and we are excited to have Vernon back as a Partner leading the debt recovery practice.

Genius Group Announces Record Date for Spinoff

Retrieved on: 
Monday, August 7, 2023
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SINGAPORE, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces the timeline, record date and share distribution date for the spinoff of Entrepreneur Resorts Ltd (“ERL”).

Key Points: 
  • SINGAPORE, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces the timeline, record date and share distribution date for the spinoff of Entrepreneur Resorts Ltd (“ERL”).
  • On August 1, 2023, the Singapore High Court approved the spinoff of ERL from Genius Group, with a capital reduction and share distribution to all Genius Group shareholders at the record date of US$38,380,873 in the form of restricted ordinary shares in ERL, pursuant to a private placement transaction exempt from registration under the provisions of the Securities Act of 1933, as amended.
  • Genius Group has set the record date for a full share count of its shares for the purpose of the distribution as August 31, 2023.
  • Following the share distribution, shares of Genius Group and ERL will trade as securities of two separate public companies, with Genius Group dual listed on NYSE American and Upstream (Ticker: GNS), and ERL listed on Upstream (Ticker: ERL).

Singapore Continues To Lead the Way in Asia in Judicial Blocking of Illegal Streaming Sites, but More Can Be Done

Retrieved on: 
Monday, April 17, 2023
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Singapore, Apr 17, 2023 - (ACN Newswire) - The Asia Video Industry Association's Coalition Against Piracy (CAP) commends the Singapore High Court for its latest Order to block another 20 illegal streaming sites and associated domains responsible for the distribution of illegally streamed content in Singapore.

Key Points: 
  • Singapore, Apr 17, 2023 - (ACN Newswire) - The Asia Video Industry Association's Coalition Against Piracy (CAP) commends the Singapore High Court for its latest Order to block another 20 illegal streaming sites and associated domains responsible for the distribution of illegally streamed content in Singapore.
  • Under the Order, Internet Service Providers must disable access to these illegal sites and their associated domains.
  • The Order comes as CAP releases its latest YouGov consumer surveys that highlight the effectiveness of site blocking, particularly in Singapore.
  • The YouGov surveys also show that Singapore consumers are being educated about the dangers and risks associated with accessing illegal content online.

JUSAN TECHNOLOGIES LIMITED BRINGS CLAIMS IN ENGLISH COURT TO CLEAR ITS NAME

Retrieved on: 
Friday, March 3, 2023
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A UK business, Jusan Technologies Limited ("JTL") has commenced two defamation claims in the English Court, the first against The Bureau of Investigative Journalism ("TBIJ") and the Telegraph Media Group Limited ("TMGL"), and the second against openDemocracy Limited ("OD").

Key Points: 
  • A UK business, Jusan Technologies Limited ("JTL") has commenced two defamation claims in the English Court, the first against The Bureau of Investigative Journalism ("TBIJ") and the Telegraph Media Group Limited ("TMGL"), and the second against openDemocracy Limited ("OD").
  • JTL has commenced the following claims in the High Court of Justice of England and Wales:
    1.
  • OD also claims that JTL participated in a US$200 million transaction with a third party at a significant undervalue.
  • The cases are Jusan Technologies Ltd v The Bureau of Investigative Journalism and another, and Jusan Technologies Ltd v openDemocracy Ltd, case numbers QB-2022-002660 and QB-2022-002661, in the High Court of Justice of England and Wales.

Azure Power Global Limited Update

Retrieved on: 
Monday, August 29, 2022
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NEW DELHI, Aug. 29, 2022 /PRNewswire/ --Azure Power Global Limited (NYSE: AZRE) ("Azure" or the "Company") today announced the appointment of Mr. Rupesh Agarwal as its Acting Chief Executive Officer ("CEO").

Key Points: 
  • NEW DELHI, Aug. 29, 2022 /PRNewswire/ --Azure Power Global Limited (NYSE: AZRE) ("Azure" or the "Company") today announced the appointment of Mr. Rupesh Agarwal as its Acting Chief Executive Officer ("CEO").
  • Wadhwa in relation to the purchase price of their shares in Azure Power India Private Limited.
  • AZURE is a leading independent sustainable energy solutions provider and power producer in India on a mission to create value for all stakeholders through high-performance Renewable Energy assets.
  • Azure also partners with commercial and industrial customers in their decarbonization journey by providing comprehensive solutions for their clean energy needs.

Azure Power Global Limited Update

Retrieved on: 
Monday, August 29, 2022
Energi, COO, Singapore International Arbitration Centre, CEO, Safety, Commercial, MWS, Disclosure, Sustainability Accounting Standards Board, Electric Bond and Share Company v. Securities and Exchange Commission, RG2, Public interest law, Company, Form 20-F, Mission statement, Solar Energy Corporation of India, Adoption, Pils, Professional, Board, High Court of Singapore, Late Payment of Commercial Debts (Interest) Act 1998, SECI, Government of India, Renewable energy, Annual report, RG1, PPA, Consultant, Solution, BDO, Government, Investment, Ministry of Power, FY, Electricity, EY, Central Electricity Regulatory Commission, Ministry, NYSE, Kilowatt-hour, Budget, Audit committee, PLF, PIN, High Court, Wind, Management, Security (finance), Pharmaceutical industry, Rupesh Paul, Azure

NEW DELHI, Aug. 29, 2022 /PRNewswire/ --Azure Power Global Limited (NYSE: AZRE) ("Azure" or the "Company") today announced the appointment of Mr. Rupesh Agarwal as its Acting Chief Executive Officer ("CEO").

Key Points: 
  • NEW DELHI, Aug. 29, 2022 /PRNewswire/ --Azure Power Global Limited (NYSE: AZRE) ("Azure" or the "Company") today announced the appointment of Mr. Rupesh Agarwal as its Acting Chief Executive Officer ("CEO").
  • Wadhwa in relation to the purchase price of their shares in Azure Power India Private Limited.
  • AZURE is a leading independent sustainable energy solutions provider and power producer in India on a mission to create value for all stakeholders through high-performance Renewable Energy assets.
  • Azure also partners with commercial and industrial customers in their decarbonization journey by providing comprehensive solutions for their clean energy needs.

CS Victims: Credit Suisse faces another lawsuit alleging trust failures and political pressure

Retrieved on: 
Friday, May 6, 2022
Trustee, Investment, Credit Suisse, Trust, Time, Fraud, FINMA, High Court of Singapore, Person, Plaintiff, Family, Bank, Supreme court, Guernsey, Bermuda, Method, Crime, Life insurance

LONDON, May 6, 2022 /PRNewswire/ -- In response to the ongoing failures at Green Vals Trust, the beneficiaries have filed a lawsuit in the Guernsey Court alleging significant failures and political pressure by the Trustee appointed by Credit Suisse.

Key Points: 
  • LONDON, May 6, 2022 /PRNewswire/ -- In response to the ongoing failures at Green Vals Trust, the beneficiaries have filed a lawsuit in the Guernsey Court alleging significant failures and political pressure by the Trustee appointed by Credit Suisse.
  • This information is publicly available and yet the Trustee failed to make even basic checks and suggests that Mr. Ivanishvili has not only been discriminated against by the Trust but is also subject to a campaign of political pressure by Credit Suisse.
  • The global litigation initiated by Mr. Ivanishvili against Credit Suisse and its units has been progressing for many years.
  • CS Victims was established by the representatives of certain clients of Credit Suisse.

CS Victims: Total damages to be paid by Credit Suisse subsidiary to exceed $600m

Retrieved on: 
Friday, April 29, 2022
Crime, Supreme court, Family, USD, Bank, Mass meeting, Investment, Payment, Credit Suisse, FINMA, Order, Court, Fraud, Plaintiff, High Court of Singapore, Judgement, Online gambling, Risk management, Cryptocurrency

Moreover, in that very same statement, the Bank stated it would be accumulating reserves required to meet the award.

Key Points: 
  • Moreover, in that very same statement, the Bank stated it would be accumulating reserves required to meet the award.
  • "The Bermuda Court Judgement did not provide a specific award amount and proposed a definitive formula to calculate the damages.
  • These will demonstrate in detail, how Credit Suisse and, in general, the Swiss banking system operate.
  • CS Victims was established by the representatives of certain clients of Credit Suisse.

Singapore Court Orders Largest Block of Illegal Streaming Sites in Singapore

Retrieved on: 
Tuesday, March 1, 2022
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Singapore, Mar 1, 2022 - (ACN Newswire) - The Asia Video Industry Association's Coalition Against Piracy (CAP) commends the Singapore High Court for granting an Order to block 30 illegal streaming sites and almost 150 associated domains responsible for the distribution of considerable quantities of illegally streamed content in Singapore.

Key Points: 
  • Singapore, Mar 1, 2022 - (ACN Newswire) - The Asia Video Industry Association's Coalition Against Piracy (CAP) commends the Singapore High Court for granting an Order to block 30 illegal streaming sites and almost 150 associated domains responsible for the distribution of considerable quantities of illegally streamed content in Singapore.
  • Under the Order Internet Service Providers must disable access to these illegal sites and their associated domains.
  • The Order is part of CAP's ongoing campaign in Singapore and around the region against illegal streaming sites.
  • "Illegal streaming sites are simply illegal," said CAP's General Manager, Matthew Cheetham.