CAYMAN ISLANDS

CARIBBEAN UTILITIES COMPANY, LTD ANNOUNCES THE RESULTS OF THE 2024 ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

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星期五, 五月 10, 2024

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.

Key Points: 
  • 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.
  • Such risks and uncertainties include but are not limited to operational, general economic, market and business conditions, regulatory developments and weather conditions.
  • CUC cautions readers that actual results may vary significantly from those expected should certain risks or uncertainties materialize or should underlying assumptions prove incorrect.
  • Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future.

Cayman Islands Branding Company Cayman Story Expert Qamar Zaman Launches New Initiative "Brand IKIGAI" to Revolutionize Local Businesses

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星期四, 五月 9, 2024

Drawing on extensive research, Zaman highlights that 77% of B2B marketers believe strong branding is essential for growth, yet many businesses struggle to make a mark.

Key Points: 
  • Drawing on extensive research, Zaman highlights that 77% of B2B marketers believe strong branding is essential for growth, yet many businesses struggle to make a mark.
  • "Brand IKIGAI" is set to change that by offering tailored solutions that ensure businesses stand out in a competitive marketplace.
  • Foundational Strategies: Zaman lays down the crucial groundwork for businesses to achieve a branding breakthrough, focusing on creating a unique and cohesive brand identity.
  • Personal Touch in Branding: Zaman encourages businesses to infuse their personal stories and values into their brands, enhancing emotional connections and customer loyalty.

Connect Biopharma to Present a Late-Breaking Abstract at the American Thoracic Society (ATS) 2024 International Conference on the Positive Results from the Global Phase 2b Trial of Rademikibart in Patients with Moderate-to-Severe Asthma

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星期二, 五月 7, 2024

SAN DIEGO, CA and TAICANG, China, May 07, 2024 (GLOBE NEWSWIRE) -- Connect Biopharma Holdings Limited (Nasdaq: CNTB) (“Connect Biopharma” or the “Company”), a global clinical-stage biopharmaceutical company dedicated to improving the lives of patients with chronic inflammatory diseases through the development of therapies derived from T cell-driven research, today announced data from its global Phase 2b trial of rademikibart in patients with moderate-to-severe asthma was accepted as a late-breaking abstract for poster presentation at the upcoming ATS 2024 International Meeting being held May 17-22, 2024 in San Diego, CA.

Key Points: 
  • SAN DIEGO, CA and TAICANG, China, May 07, 2024 (GLOBE NEWSWIRE) -- Connect Biopharma Holdings Limited (Nasdaq: CNTB) (“Connect Biopharma” or the “Company”), a global clinical-stage biopharmaceutical company dedicated to improving the lives of patients with chronic inflammatory diseases through the development of therapies derived from T cell-driven research, today announced data from its global Phase 2b trial of rademikibart in patients with moderate-to-severe asthma was accepted as a late-breaking abstract for poster presentation at the upcoming ATS 2024 International Meeting being held May 17-22, 2024 in San Diego, CA.
  • Additionally, the poster presentation will be available as an ePoster on the ATS 2024 International Conference website, and will be available for viewing May 19 - 22, 2024.

Front Street Re Appoints Edison Fong as Chief Executive Officer

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星期三, 五月 8, 2024

GEORGETOWN, Cayman Islands, May 8, 2024 /PRNewswire/ -- Front Street Re ("FSR" or the "Company"), an international Insurtech and reinsurance company that focuses on annuity, life, health, and general reinsurance solutions and is an operating subsidiary of Lexasure Financial Group Limited ("Lexasure"), today announced the appointment of Edison Fong as Chief Executive Officer following a thorough search process.

Key Points: 
  • GEORGETOWN, Cayman Islands, May 8, 2024 /PRNewswire/ -- Front Street Re ("FSR" or the "Company"), an international Insurtech and reinsurance company that focuses on annuity, life, health, and general reinsurance solutions and is an operating subsidiary of Lexasure Financial Group Limited ("Lexasure"), today announced the appointment of Edison Fong as Chief Executive Officer following a thorough search process.
  • Mr. Ian Lim, Chief Executive Officer of Lexasure Financial Group and President of Front Street Re, stated, "Please join me in congratulating Edison as he assumes the CEO role at Front Street Re.
  • Lexasure is committed to the continued growth of Front Street Re, and I could not be more pleased to be announcing Edison's appointment today."
  • "I am incredibly excited to be joining the Lexasure family and expanding our North American footprint with Front Street Re," said Edison Fong, Chief Executive Officer of Front Street Re.

CARIBBEAN UTILITIES COMPANY, LTD ANNOUNCES INCREASE IN DIVIDEND ON CLASS A ORDINARY SHARES

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星期二, 五月 7, 2024

CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE.

Key Points: 
  • CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE.
  • GRAND CAYMAN, Cayman Islands, May 7, 2024 /CNW/ - Caribbean Utilities Company, Ltd. (TSX: CUP.U) ("CUC" or "the Company") announced today that the Board of Directors has declared an increase in the regular quarterly dividend from US$0.18  to US$0.185 per Class A Ordinary Share.
  • This represents a 3% increase to US$0.74 per share on an annualized basis.
  • The dividend will be payable June 15, 2024 to shareholders of record June 1, 2024.

Third Point Announces Launch of Malibu Life Re

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星期四, 五月 2, 2024

Third Point LLC, a New York-based alternative asset manager, announces the launch of Malibu Life Reinsurance SPC (“Malibu Life Re”), a licensed life and annuity reinsurer based in the Cayman Islands.

Key Points: 
  • Third Point LLC, a New York-based alternative asset manager, announces the launch of Malibu Life Reinsurance SPC (“Malibu Life Re”), a licensed life and annuity reinsurer based in the Cayman Islands.
  • Third Point will provide investment management and strategic services to Malibu Life Re.
  • Malibu Life Re intends to scale through select partnerships with insurers providing flow and/or block reinsurance.
  • Third Point LLC Founder and CEO, Daniel S. Loeb, said “We are excited to form Malibu Life Re to provide attractive capital solutions in the life and annuity space in partnership with leading insurers.

CARIBBEAN UTILITIES COMPANY, LTD. (CUC) ANNOUNCES QUARTER ONE (2024) RESULTS AND STRATEGIC MILESTONES

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星期四, 五月 2, 2024

Highlights for Q1 2024 were as follows:

Key Points: 
  • Highlights for Q1 2024 were as follows:
    Net Earnings for Q1 2024 totaled $6.2 million, 18% increase compared to Q1 2023.
  • 6% increase in kilowatt-hour ("kWh") sales when compared to three months ended March 31, 2023 ("First Quarter 2023" or "Q1 2023").
  • Lifecycle upgrades for first generating unit were completed and work has commenced on the second of five units planned for upgrade.
  • During the First Quarter, the Company continued to make progress on major projects that are aimed at reducing costs and carbon emissions.

Xai Foundation Launches Nodes on Nirvana Cloud, Ushering In a New Era of Layer 3 Scalability and Cutting Edge Web3 Cloud Computing for Gaming

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星期二, 四月 30, 2024

GEORGETOWN, Cayman Islands, April 30, 2024 /PRNewswire/ -- In partnership with Nirvana Cloud, Xai Foundation today announced the public launch of Xai RPC nodes to support Xai, the gaming blockchain that will enable real economies in the next generation of gaming. The Xai Foundation has deployed mainnet RPC nodes on Nirvana Cloud, which are available for developers via the Nirvana Labs developer platform.

Key Points: 
  • The Xai Foundation has deployed mainnet RPC nodes on Nirvana Cloud, which are available for developers via the Nirvana Labs developer platform.
  • Available today, the RPC nodes are deployed in five of Nirvana Cloud's global regions including North America, Central Europe, Central Asia, and Southeast Asia.
  • We are ushering in a new era of blockchain infrastructure and usability with the latest in layer 3 scalability and cutting edge web3 cloud computing to bring high performance and cost optimized cloud infrastructure to the gaming industry.
  • We are proud today to be first to market with Xai mainnet nodes deployed globally on Nirvana's bare metal cloud."

Watch the Future Unfold: Cayman Islands Business Design Competition Pitch Day 2024

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星期二, 四月 16, 2024

An innovative Ideate Programme and pre-seed initiative where entrepreneurs have access to resources to identify a clear idea to commercialise.

Key Points: 
  • George Town, Cayman Islands--(Newsfile Corp. - April 16, 2024) - The Cayman Islands Business Design Competition is approaching its climax with the highly anticipated Pitch Day event, scheduled for Saturday, 20 April 2024, from 10:00 am to 12:00 pm at The Vault at Compass Centre.
  • Organized by Enterprise Cayman, this event is set to be a thrilling showcase of innovation and entrepreneurship.
  • Each team has been carefully selected for their potential to impact the Cayman Islands and beyond with their innovative solutions and business models.
  • Enterprise Cayman is a partnership initiative by Cayman Enterprise City and the Cayman Islands Government, aimed at fostering the growth of business and entrepreneurship in the Cayman Islands.

Connect Biopharma Reports Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
星期二, 四月 16, 2024

Preclinical immunological characterization of rademikibart (CBP-201), a next-generation human monoclonal antibody targeting IL-4Rα, for the treatment of Th2 inflammatory diseases .

Key Points: 
  • Preclinical immunological characterization of rademikibart (CBP-201), a next-generation human monoclonal antibody targeting IL-4Rα, for the treatment of Th2 inflammatory diseases .
  • Four posters at the 2023 World Congress of Dermatology in July 2023 on data from the initial 16-week treatment period with rademikibart of the pivotal trial in China in patients with moderate-to-severe AD.
  • Connect expects to receive an update from Simcere as early as Q2 2024 on these next steps.
  • Cash, cash equivalents and short-term investments were $118.7 million as of December 31, 2023, compared with $161.9 million on December 31, 2022.