Cayman Islands

HX5 Encrypted explain how a simple check can stop a $240 Billion money laundering scandal

Retrieved on: 
Monday, November 27, 2023

Andy Parr, the company's, founder explains what checks HX5 do to stop money laundering.

Key Points: 
  • Andy Parr, the company's, founder explains what checks HX5 do to stop money laundering.
  • This is because while those places must adhere to international standards in place to stop money laundering, they rarely use them to do so.
  • The US regulators have eventually caught up with Binance and fined them over $4 billion for facilitating money laundering on an industrial scale globally.
  • The lax way Binance have implemented (or not dependent on your viewpoint) money laundering controls has been an issue for some time.

CARIBBEAN UTILITIES COMPANY, LTD. ANNOUNCES THE APPOINTMENT OF VICE PRESIDENT ENERGY OPERATIONS

Retrieved on: 
Friday, November 24, 2023

GRAND CAYMAN, Cayman Islands, Nov. 24, 2023 /CNW/ - Caribbean Utilities Company, Ltd. (TSX: CUP.U) ("CUC" or "the Company") is pleased to announce the appointment of  Dr. Stephen Jay as an Executive Officer of the Company serving as Vice President of Energy Operations.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Nov. 24, 2023 /CNW/ - Caribbean Utilities Company, Ltd. (TSX: CUP.U) ("CUC" or "the Company") is pleased to announce the appointment of  Dr. Stephen Jay as an Executive Officer of the Company serving as Vice President of Energy Operations.
  • Prior to his appointment with CUC, Dr. Jay was with Transpower New Zealand Ltd. as the Executive General Manager Operations.
  • "We are pleased to have Dr. Jay with the Company as the Vice President of Energy Operations.
  • Caribbean Utilities Company, Ltd. ("CUC" or "the Company"), on occasion, includes forward-looking statements in its media releases, Canadian securities regulatory authorities filings, shareholder reports and other communications.

iClick Interactive Asia Group Limited Enters into a Definitive Merger Agreement for Going-Private Transaction

Retrieved on: 
Friday, November 24, 2023

The Board, acting upon the unanimous recommendation of a committee of independent and disinterested directors established by the Board (the "Special Committee"), unanimously approved the Merger Agreement and the Merger, and unanimously resolved to recommend that the Company's shareholders vote to authorize and approve the Merger Agreement and the Merger.

Key Points: 
  • The Board, acting upon the unanimous recommendation of a committee of independent and disinterested directors established by the Board (the "Special Committee"), unanimously approved the Merger Agreement and the Merger, and unanimously resolved to recommend that the Company's shareholders vote to authorize and approve the Merger Agreement and the Merger.
  • The Special Committee negotiated the terms of the Merger Agreement with the assistance of its independent financial and legal advisors.
  • The Rollover Shareholders have agreed to vote all of the Shares beneficially owned by them in favor of the authorization and approval of the Merger Agreement and the Merger pursuant to the Support Agreement.
  • In connection with the Merger, the Company will prepare and mail a Schedule 13E-3 Transaction Statement (the "Schedule 13E-3").

Exciting New Property Enhancements, Renovations and Experiences from Marriott International's Caribbean properties

Retrieved on: 
Thursday, November 16, 2023

PLANTATION, Fla., Nov. 16, 2023 /PRNewswire/ -- Marriott International Caribbean properties are thrilled to announce the exciting news and programming this month, including several property renovations to enhance guest stays, and innovative food and beverage experiences that will make the trip unforgettable. From destinations including the Cayman Islands, Aruba, Puerto Rico and Dominican Republic, travelers can enjoy new opportunities while also connecting with Marriott Bonvoy, Marriott International's award-winning travel program and marketplace.

Key Points: 
  • Marriott International is excited to introduce the unique guest experiences offered at the newly renovated and modernized properties across the Caribbean.
  • PLANTATION, Fla., Nov. 16, 2023 /PRNewswire/ -- Marriott International Caribbean properties are thrilled to announce the exciting news and programming this month, including several property renovations to enhance guest stays, and innovative food and beverage experiences that will make the trip unforgettable.
  • From destinations including the Cayman Islands, Aruba, Puerto Rico and Dominican Republic, travelers can enjoy new opportunities while also connecting with Marriott Bonvoy, Marriott International's award-winning travel program and marketplace.
  • As part of the renovation project, the hotel will reposition its 15 junior suites by completely redesigning the space.

Cayman Enterprise City Highly Commended by the Financial Times' fDi Intelligence as a Top Free Zone of the Year

Retrieved on: 
Friday, November 10, 2023

GRAND CAYMAN, Cayman Islands, Nov. 10, 2023 /PRNewswire/ -- The Cayman Enterprise City (CEC) socioeconomic development project has been recognised by fDi Intelligence, a division of the Financial Times, as the best free zone in the Americas for small and medium enterprises (SMEs) and was highly commended as a top free zone in the Americas behind regional winner Coyol Free Zone in Costa Rica.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Nov. 10, 2023 /PRNewswire/ -- The Cayman Enterprise City (CEC) socioeconomic development project has been recognised by fDi Intelligence, a division of the Financial Times, as the best free zone in the Americas for small and medium enterprises (SMEs) and was highly commended as a top free zone in the Americas behind regional winner Coyol Free Zone in Costa Rica.
  • "Congratulations to everyone who has contributed to making Cayman home to one of the world's top free zones."
  • CEC is the most cost-effective way for global businesses to establish a genuine physical presence in the Cayman Islands.
  • A new initiative that caught the judges' attention this year is CEC's introducer programme , the fDi Intelligence report mentions.

Cayman Enterprise City Highly Commended by the Financial Times' fDi Intelligence as a Top Free Zone of the Year

Retrieved on: 
Friday, November 10, 2023

GRAND CAYMAN, Cayman Islands, Nov. 10, 2023 /PRNewswire/ -- The Cayman Enterprise City (CEC) socioeconomic development project has been recognised by fDi Intelligence, a division of the Financial Times, as the best free zone in the Americas for small and medium enterprises (SMEs) and was highly commended as a top free zone in the Americas behind regional winner Coyol Free Zone in Costa Rica.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Nov. 10, 2023 /PRNewswire/ -- The Cayman Enterprise City (CEC) socioeconomic development project has been recognised by fDi Intelligence, a division of the Financial Times, as the best free zone in the Americas for small and medium enterprises (SMEs) and was highly commended as a top free zone in the Americas behind regional winner Coyol Free Zone in Costa Rica.
  • "Congratulations to everyone who has contributed to making Cayman home to one of the world's top free zones."
  • CEC is the most cost-effective way for global businesses to establish a genuine physical presence in the Cayman Islands.
  • A new initiative that caught the judges' attention this year is CEC's introducer programme , the fDi Intelligence report mentions.

Arco to Hold Extraordinary General Meeting of Shareholders

Retrieved on: 
Tuesday, November 7, 2023

Shareholders of record at the close of business in the Cayman Islands on November 7, 2023 will be entitled to attend and vote at the EGM and any adjournment thereof.

Key Points: 
  • Shareholders of record at the close of business in the Cayman Islands on November 7, 2023 will be entitled to attend and vote at the EGM and any adjournment thereof.
  • INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE SCHEDULE 13E-3 AND OTHER MATERIALS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE MERGER AND RELATED MATTERS.
  • The Company and certain of its directors and executive officers may, under SEC rules, be deemed to be “participants” in the solicitation of proxies from the shareholders with respect to the proposed Merger.
  • Information regarding the persons who may be considered “participants” in the solicitation of proxies is set forth in the Schedule 13E-3.

PREPARE TO EXPERIENCE THE NEXT LEVEL OF ELEVATED VACATION EXCELLENCE: CELEBRITY CRUISES REVEALS NAME OF NEXT EDGE SERIES SHIP

Retrieved on: 
Tuesday, November 7, 2023

MIAMI, Nov. 7, 2023 /PRNewswire/ -- The countdown is on, and the future of elevated travel at sea is officially on its way. Celebrity Cruises announced today that the fifth ship in its award-winning Edge Series will be named Celebrity Xcel, continuing the innovative experiences coveted in her sister ships and then going even further for an unmatched premium vacation experience. 

Key Points: 
  • Celebrity Cruises announced today that the fifth ship in its award-winning Edge Series will be named Celebrity Xcel, continuing the innovative experiences coveted in her sister ships and then going even further for an unmatched premium vacation experience.
  • "The Edge Series has shattered preconceived notions of cruising, and I am thrilled to announce our next bold step as a brand with Celebrity Xcel," said Celebrity Cruises' President Laura Hodges Bethge.
  • Like her highly anticipated sister ship Celebrity Ascent, debuting later this month, Celebrity Xcel will connect guests to the breath-taking world around them like never before.
  • For more information on Celebrity Cruises, or to book a Celebrity cruise, visit www.celebrity.com , call 1-800-CELEBRITY, or contact a trusted travel advisor.

Star Bulk Announces the Repurchase of an Additional 10 Million of its Common Shares From Oaktree

Retrieved on: 
Monday, October 30, 2023

The Share Repurchase was approved unanimously by all the disinterested members of the Company’s Board of Directors.

Key Points: 
  • The Share Repurchase was approved unanimously by all the disinterested members of the Company’s Board of Directors.
  • Closing is expected to occur on December 1, 2023 after which the 10 million shares will be withdrawn and cancelled.
  • The Purchase Price will be funded from new debt financing, which we intend to repay with proceeds mostly from future vessel sales.
  • The Company remains committed to its current dividend policy and we believe that the Share Repurchase will be accretive to our future dividends per share.

JetBlue Introduces Two New Credit Cards in 5 Caribbean Destinations Offering Cardholders Exclusive Benefits and Rewards

Retrieved on: 
Wednesday, November 1, 2023

The new JetBlue Mastercard and JetBlue Select Mastercard by CIBC FirstCaribbean will provide cardmembers exclusive rewards, benefits, and an opportunity to earn TrueBlue® points that can be used to travel to more than 100 destinations in JetBlue’s network.

Key Points: 
  • The new JetBlue Mastercard and JetBlue Select Mastercard by CIBC FirstCaribbean will provide cardmembers exclusive rewards, benefits, and an opportunity to earn TrueBlue® points that can be used to travel to more than 100 destinations in JetBlue’s network.
  • “As a leading airline in the Caribbean, JetBlue maintains its commitment to delivering innovative programs and products to more of our loyal customers in the region.
  • We’re excited to launch our partnership with CIBC FirstCaribbean and Mastercard to offer our customers even more benefits,” said Chris Buckner, VP Loyalty & Partnerships, JetBlue.
  • “The JetBlue Mastercard and JetBlue Select Mastercard from CIBC FirstCaribbean provide our customers with added value and flexibility to earn points on their everyday purchases.