Ah Long Pte Ltd

Mativ Announces Completion of Sale of Engineered Papers Business

Retrieved on:

Friday, December 1, 2023

Forest Products, Packaging, Natural Resources, Manufacturing, Sale, MATV, Growth, NYSE, Ah Long Pte Ltd, Fritz Schertel

Mativ Holdings, Inc. (NYSE: MATV) announced today that it has completed the sale of its Engineered Papers business to Evergreen Hill Enterprise, Pte.

Key Points:

Mativ Holdings, Inc. (NYSE: MATV) announced today that it has completed the sale of its Engineered Papers business to Evergreen Hill Enterprise, Pte.
Ltd.
Julie Schertell, CEO of Mativ, commented, “We are very pleased with the completion of the sale of Engineered Papers.
For Mativ, this is an important part of unlocking our strategy to become a leading manufacturer of specialty materials.
“It marks a key milestone in the transformation of Mativ and aligns with our strategy to focus our efforts, accelerate growth, and drive value for our shareholders.”

Comstock Records Significant Gains From Completion of Major Asset Sales

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Thursday, September 14, 2023

Lithium, American Battery Technology Company, Sale, ABTC, Ah Long Pte Ltd, NYSE, Commercial property

VIRGINIA CITY, Nev., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”), an innovator of technologies that enable systemic decarbonization and the energy transition by efficiently converting under-utilized natural resources into renewable energy products, today announced the successful completion of multiple asset sales, resulting in strong gains and advances of the Company’s objectives.

Key Points:

VIRGINIA CITY, Nev., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”), an innovator of technologies that enable systemic decarbonization and the energy transition by efficiently converting under-utilized natural resources into renewable energy products, today announced the successful completion of multiple asset sales, resulting in strong gains and advances of the Company’s objectives.
ABTC is required to make a final payment of $0.5 million in cash, during the fourth quarter of 2023, associated with the purchase and sale agreements.
“This represents the culmination of a major asset sale objective, bringing in over $15 million in net cash proceeds during 2023, and recording a $7+ million realized gain on the sales,” stated Mr. Corrado De Gasperis, Comstock’s executive chairman and chief executive officer.
Ltd. (“Green Li-ion”) shares for gross sales proceeds of $0.8 million, and a realized gain on the sale of approximately $0.6 million, and effectively valuing the remaining 35,662 shares at about $19 million.

Diana Shipping Inc. Announces Direct Continuation Of Time Charter Contract For M/V Crystalia

Retrieved on:

Wednesday, September 6, 2023

Panamax, Ah Long Pte Ltd, Frisbee, Employment, DSX, Bulk carrier, Capesize, SGP, NYSE, Canal

Ltd., for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia.

Key Points:

Ltd., for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia.
The employment of “Crystalia” is anticipated to generate approximately US$1.85 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 41 dry bulk vessels: 4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 9 Ultramax.
A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

1MetaWorld and EQBR launch Strategic Joint Venture to Accelerate Web3 Adoption

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Wednesday, September 6, 2023

Money, Human, ACX, Web 2.0, Monetary Authority of Singapore, JV, Investment, Project Guardian, Ah Long Pte Ltd, CFO, RHT, Cryptocurrency

- The JV brings the strengths of proprietary technology, proven track record in investments into technology and strong capabilities set to help businesses accelerate their transition from Web 2.0 to Web 3.0 seamlessly

Key Points:

- The JV brings the strengths of proprietary technology, proven track record in investments into technology and strong capabilities set to help businesses accelerate their transition from Web 2.0 to Web 3.0 seamlessly
SINGAPORE, Sept 6, 2023 - (ACN Newswire) - 1MetaWorld (1MW), a member of ONERHT, and EQBR, a leading Korean Web3 technology firm, have launched a strategic Joint Venture (JV) to accelerate the regional adoption of Web3 with Singapore as the epicenter.
Witnessing the signing ceremony were Mr. Lee Jung Geun (back, L), Chairman of EQBR Group and Mr. Tan Chong Huat, Chairman of RHT AlDigi Financial Holdings.
Signing the agreement were Mr. Cheong Seongkoo (front, L), CEO of EQBR Networks Pte.
Ltd. and Mr. Lee Seck Hwee, CFO of 1Metaworld Pte.

Mativ Announces Proposed Sale of Engineered Papers Business for $620 Million

Retrieved on:

Tuesday, August 1, 2023

Mativ Holdings, Inc. (“Mativ” or the “Company”) (NYSE: MATV) announced today that it has received a binding offer from Evergreen Hill Enterprise, Pte.

Key Points:

Mativ Holdings, Inc. (“Mativ” or the “Company”) (NYSE: MATV) announced today that it has received a binding offer from Evergreen Hill Enterprise, Pte.
Ltd., to acquire Mativ’s Engineered Papers business (“EP”), part of Mativ’s Fiber Based Solutions reporting segment, for $620 million.
Subject to customary closing date adjustments, Mativ expects to receive net proceeds (net of taxes and other items) of approximately $575 million in the proposed transaction, which would be primarily used for debt paydown.
Julie Schertell, CEO of Mativ, commented, “The proposed sale of Engineered Papers is a key milestone in the transformation of Mativ and aligns with our strategy to focus our efforts, accelerate growth, and drive value for our shareholders.

Cheniere and ENN Sign Long-Term LNG Sale and Purchase Agreement

Retrieved on:

Monday, June 26, 2023

Oil, Gas, Energy, National Environmental Policy Act, ENN, Carbon, Sale, Wang, Federal Energy Regulatory Commission, NYSE, Nature, National Environmental Engineering Research Institute, SPL, Henry Hub, Natural gas, SPA, Ah Long Pte Ltd, Renewable energy, LNG

Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that Cheniere’s subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with ENN LNG (Singapore) Pte.

Key Points:

Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that Cheniere’s subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with ENN LNG (Singapore) Pte.
Ltd. (“ENN”), a wholly-owned subsidiary of ENN Natural Gas Co., Ltd. (“ENN Natural Gas”).
Under the SPA, ENN has agreed to purchase approximately 1.8 million tonnes per annum (“mtpa”) of LNG from Cheniere Marketing on a free-on-board (“FOB”) basis for a purchase price indexed to the Henry Hub price, plus a fixed liquefaction fee.
As a leading global LNG supplier, Cheniere’s stable LNG production and supply capacity are highly compatible with China’s fast growing natural gas market.

Diana Shipping Inc. Announces Time Charter Contract for m/v Astarte With Reachy

Retrieved on:

Thursday, April 27, 2023

Panamax, Ah Long Pte Ltd, Frisbee, Employment, DSX, Bulk carrier, Capesize, SGP, NYSE, Airline

Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Astarte.

Key Points:

Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Astarte.
The employment of “Astarte” is anticipated to generate approximately US$6.78 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 42 dry bulk vessels (4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 10 Ultramax).
A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com.

Diana Shipping Inc. Announces Sale And Leaseback of m/v DSI Andromeda and Time Charter Contract for m/v DSI Pegasus With Reachy

Retrieved on:

Wednesday, December 7, 2022

Accident, DSX, Employment, NYSE, Panamax, Sale, Insurance, Ah Long Pte Ltd, Legislation, Frisbee, Transport, Capesize, SGP, Grain, Coal, Bulk carrier, COVID-19

The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte.

Key Points:

The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte.
Ltd., for one of its Ultramax dry bulk vessels, the m/v DSI Pegasus.
The employment of “DSI Pegasus” is anticipated to generate approximately US$8.09 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels.

Pertamina, Keppel Infrastructure, and Chevron Sign Agreement to Explore Development of Green Hydrogen and Ammonia Projects in Indonesia

Retrieved on:

Friday, November 11, 2022

Ltd. (Chevron New Energies), have signed a Joint Study Agreement (JSA) to explore the development of selected green hydrogen and green ammonia projects using renewable energy located primarily in Sumatera, Indonesia.

Key Points:

Ltd. (Chevron New Energies), have signed a Joint Study Agreement (JSA) to explore the development of selected green hydrogen and green ammonia projects using renewable energy located primarily in Sumatera, Indonesia.
Ltd., Andrew S. Mingst; CEO of Pertamina NRE, Dannif Danusaputro; Director of Keppel New Energy Pte., Ltd., Chua Yong Hwee.
Dannif Danusaputro, CEO of Pertamina NRE, said, The development of green hydrogen and green ammonia holds a significant role in Indonesias Net Zero Emissions roadmap.
And with its potential, we believe that Indonesia will also play a key role in green hydrogen production in Asia.

Diana Shipping Inc. Announces Time Charter Contracts for m/v Amphitrite With Cobelfret, m/v Crystalia With Reachy and m/v DSI Phoenix With ASL

Retrieved on:

Monday, November 7, 2022

The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte.

Key Points:

The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte.
Ltd., for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia.
The employments of Amphitrite, Crystalia and DSI Phoenix are anticipated to generate approximately US$15.45 million of gross revenue for the minimum scheduled period of the time charters.
Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels.