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Locus, a Leading Last-Mile Logistics Tech Company, Deepens Its Presence In Mexico

Retrieved on:

Wednesday, November 30, 2022

MEXICO CITY, Nov. 30, 2022 /PRNewswire/ -- Locus, a leading-edge technology company solving for excellence in last-mile logistics, announced today that it has deepened its presence in Mexico. This operational expansion aligns well with the company's commitment to enabling businesses to transform their last-mile processes into growth centers.

Key Points:

MEXICO CITY, Nov. 30, 2022 /PRNewswire/ -- Locus , a leading-edge technology company solving for excellence in last-mile logistics, announced today that it has deepened its presence in Mexico.
This operational expansion aligns well with the company's commitment to enabling businesses to transform their last-mile processes into growth centers.
The significant growth in Mexico's e-commerce sector has not just boosted the overall logistics sector but has added another layer of pressure on last-mile deliveries.
Nishith Rastogi, Founder and CEO of Locus, said - "Mexico offers a huge untapped potential for logistics technology players like us.

Kitchen Culture Says 5 Directors Will Remain on its Board as Purported EGM Held Last Friday Is Invalid; Asks Requisitioners to Put Matters Before Singapore Court

Retrieved on:

Monday, November 28, 2022

Instead, the Company deems the meeting and resolutions purportedly passed to be invalid, and has asked the requisitioners to put the matter before the Singapore Court.

Key Points:

Instead, the Company deems the meeting and resolutions purportedly passed to be invalid, and has asked the requisitioners to put the matter before the Singapore Court.
Instead, the requisitioners were "... creating and maintaining uncertainty and confusion by claiming success of the 'New Board" through press releases and the media.
The requisitioners appeared to have rushed to issue their 25 November press release "without bothering to inform the Company of such status."
Shareholders are advised to refer to and compare against announcements and press releases of the Company," Kitchen Culture said.

Lead ID of Kitchen Culture Writes to Shareholders Expressing Concerns About Major Shareholder OOWAY Group Which is Leading Second Attempt to Call for EGM To Remove 5 Directors

Retrieved on:

Wednesday, November 23, 2022

A team from the OOWAY Group presented its Asian Accounts Receivable Exchange ("AREX") as "a world's first online platform for trading accounts receivable assets".

Key Points:

A team from the OOWAY Group presented its Asian Accounts Receivable Exchange ("AREX") as "a world's first online platform for trading accounts receivable assets".
After AREX was launched online on 23 February 2021, Kitchen Culture viewed OOWAY as a 'white knight' that could transform the Company's business fortunes.
Madam Hao Dongting ("Mdm Hao") - indirectly a 47% shareholder of OOWAY - and Mr Lincoln Teo Choong Han ("Lincoln") joined the Company's Board of Directors in April 2021.
In spite of this the Board remained hopeful that Lincoln and OOWAY would be able to bring in other businesses.

Kitchen Culture Says Purported Notice to Call Second Attempted EGM on 25 November 2022 to Remove 5 Directors By Electronic Means Is Invalid; Urges Shareholders Not To Attend

Retrieved on:

Friday, November 18, 2022

As such, that Second Intended EGM is defective and invalid, and any resolution passed at any purported meeting held as the Second Intended EGM will be invalid.

Key Points:

As such, that Second Intended EGM is defective and invalid, and any resolution passed at any purported meeting held as the Second Intended EGM will be invalid.
The Requisitioners had not given sufficient notice in writing of the Second Intended EGM as required by the Companies Act and the Constitution of the Company.
If the Second Intended EGM is attempted to be held, and any resolution purportedly passed at such Second Intended EGM, would be invalid.
In any case, the Company advises shareholders not to attend the Second Intended EGM purportedly called for on 25 November 2022", Kitchen Culture said.

Ebang International Holdings Inc. to Effect Reverse Stock Split

Retrieved on:

Monday, November 21, 2022

Transfer, Growth, Blockchain, Reverse stock split, Exhibit, Singapore, Bangladesh Securities and Exchange Commission, Effective date, CUSIP, Form, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Investment, Form 6-K, Security (finance), ASIC

The Reverse Stock Split is primarily intended to bring the Company into compliance with the minimum bid price requirement for maintaining its listing on The Nasdaq Global Select Market.

Key Points:

The Reverse Stock Split is primarily intended to bring the Company into compliance with the minimum bid price requirement for maintaining its listing on The Nasdaq Global Select Market.
Shareholders who hold their shares in brokerage accounts or "street name" are not required to take any action to effect the exchange of their shares following the Reverse Stock Split.
The Reverse Stock Split will also have a proportionate effect on all other options, warrants and other convertible securities outstanding as of such effective date of the Reverse Stock Split.
About Ebang International Holdings Inc.
Ebang International Holdings Inc. is a global blockchain technology company with strong application-specific integrated circuit (ASIC) chip design capability.

Kalder Introduces Next-Gen Brand Loyalty through Web3 Engagement Tools

Retrieved on:

Monday, November 14, 2022

Kalder , a web3-native brand engagement platform, announced that it raised $3 million in its pre-seed round.

Key Points:

Kalder , a web3-native brand engagement platform, announced that it raised $3 million in its pre-seed round.
We are excited to be at the ground level of Kalder and cant wait to see how it uses Web3 to transform brand experiences.
The funding will allow Kalder to serve more brands off the waitlist and scale its brand experience features and team.
Kalder is planning to launch its brand loyalty programs for all users to participate in the new year.

Western Asset Middle Market Income Fund Inc. Announces Scheduled Termination

Retrieved on:

Monday, November 14, 2022

Banking, Professional Services, Finance, Singapore, Franklin Templeton Investments, Security (finance), Finance Secretary (India), Japan, Fund, Western Asset Management Company

Western Asset Middle Market Income Fund Inc. (the Fund) (XWMFX), a term fund, announced today that the scheduled termination of the Fund is expected to occur on or about December 14, 2022 (the Termination Date).

Key Points:

Western Asset Middle Market Income Fund Inc. (the Fund) (XWMFX), a term fund, announced today that the scheduled termination of the Fund is expected to occur on or about December 14, 2022 (the Termination Date).
The Fund, a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC (LMPFA) and is sub-advised by Western Asset Management Company, LLC (Western Asset), Western Asset Management Company Limited (Western Asset Limited), Western Asset Management Company Pte.
Ltd. (Western Asset Singapore) and Western Asset Management Company Ltd (Western Asset Japan), each an affiliate of LMPFA.
LMPFA, Western Asset, Western Asset Limited, Western Asset Singapore and Western Asset Japan are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. (Franklin Resources).

Fenics GO named OTC Trading Platform of the Year 2022

Retrieved on:

Monday, November 14, 2022

LONDON, Nov. 14, 2022 /PRNewswire/ -- Fenics GO, operated by the Fenics division of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or the "Company"), is delighted to have been named the OTC Trading Platform of the Year by Risk.net at the Asia Risk Awards 2022.

Key Points:

LONDON, Nov. 14, 2022 /PRNewswire/ -- Fenics GO, operated by the Fenics division of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or the "Company"), is delighted to have been named the OTC Trading Platform of the Year by Risk.net at the Asia Risk Awards 2022.
In February 2022, Fenics GO launched MSCI Asian Indices on Eurex and by the end of the third quarter $40 billion has traded on the platform.
We are seeing record volumes in MSCI Futures, KOSPI and HSCEI Options on Futures, with more banks trading these products and more liquidity providers actively trading on Fenics GO directly."
Fenics GO combines complementary trading protocols to enable the dynamic work-up of multiple trading interests anonymously.

Fenics GO named OTC Trading Platform of the Year 2022

Retrieved on:

Monday, November 14, 2022

LONDON, Nov. 14, 2022 /PRNewswire/ -- Fenics GO, operated by the Fenics division of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or the "Company"), is delighted to have been named the OTC Trading Platform of the Year by Risk.net at the Asia Risk Awards 2022.

Key Points:

LONDON, Nov. 14, 2022 /PRNewswire/ -- Fenics GO, operated by the Fenics division of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or the "Company"), is delighted to have been named the OTC Trading Platform of the Year by Risk.net at the Asia Risk Awards 2022.
In February 2022, Fenics GO launched MSCI Asian Indices on Eurex and by the end of the third quarter $40 billion has traded on the platform.
We are seeing record volumes in MSCI Futures, KOSPI and HSCEI Options on Futures, with more banks trading these products and more liquidity providers actively trading on Fenics GO directly."
Fenics GO combines complementary trading protocols to enable the dynamic work-up of multiple trading interests anonymously.

Wanderlust Magazine announces destination & sustainability winners for 2022 Travel Awards at the Tower of London

Retrieved on:

Wednesday, November 9, 2022

LONDON, Nov. 9, 2022 /PRNewswire/ -- A country known throughout the world for its staggering beauty and for being a leader in sustainability, Costa Rica was crowned Wanderlust readers' Most Desirable Country (Rest of World) for 2022.

Key Points:

On Tuesday 8th November, hundreds of the world's foremost travel leaders convened at the Tower of London for the 21st Wanderlust Travel Awards, presented by legendary travel broadcaster Simon Reeve.
This year, Wanderlust presented a mixture of reader-voted and industry sustainability awards.
Securing the Silver prize for this category was Canada, nudging last year's winner, Australia, to Bronze.
Wanderlust cofounder Lyn Hughes said, "The standard of nominations in the sustainability categories was impressive, with a diverse range of ground-breaking initiatives that are making a difference."