International Marxist Group

Maison Solutions Inc. (MSS) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

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星期五, 十二月 22, 2023

NEW YORK, Dec. 21, 2023 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Maison Solutions Inc. ("Maison Solutions" or "the Company") (NASDAQ: MSS).

Key Points: 
  • NEW YORK, Dec. 21, 2023 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Maison Solutions Inc. ("Maison Solutions" or "the Company") (NASDAQ: MSS).
  • Investors who purchased Maison Solutions securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/mss .
  • On December 15, 2023, Hindenburg Research published an investigation into Maison Solutions, alleging a number of "red flags" concerning potentially illegal activities and nefarious pumping/manipulation related to the Company.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

IQAX eBL Partners with COSCO Shipping Captive Insurance to Achieve the First Synchronized Transfer of an eBL and an Electronic Insurance Policy

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星期二, 十二月 19, 2023

A four-party cooperative agreement between IQAX, COSCO Shipping Captive Insurance, COSCO Shipping Lines and the Global Shipping Business Network (GSBN), ensures that a shipping insurance e-platform will work together with the GSBN blockchain platform and the IQAX eBL system.

Key Points: 
  • A four-party cooperative agreement between IQAX, COSCO Shipping Captive Insurance, COSCO Shipping Lines and the Global Shipping Business Network (GSBN), ensures that a shipping insurance e-platform will work together with the GSBN blockchain platform and the IQAX eBL system.
  • A COSCO Shipping Lines (Wuhan) customer was the first to complete a synchronized transfer of both a blockchain-based eBL and an electronic insurance policy through a one-click title transfer on December 14.
  • The successful transfer makes IQAX eBL the first eBL system in the world enabled by a trusted blockchain-based ecosystem to synchronize the transfer of electronic insurance policies.
  • Shippers can view electronic insurance policies issued from the shipping insurance e-platform directly through IQAX eBL and transfer them alongside eBLs, seamlessly transferring and sharing insurance policies.

COFICERT certifies NSIA Bank CI to the AML 30000 standard

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星期二, 十二月 26, 2023

COFICERT France announces that it has awarded NSIA Bank CI (CI0000002416 – NSBC) with the AML 30000 certificate of conformity, the international standard dedicated to the fight against money laundering, the financing of terrorism and the proliferation of weapons of mass destruction (AML/CFT).

Key Points: 
  • COFICERT France announces that it has awarded NSIA Bank CI (CI0000002416 – NSBC) with the AML 30000 certificate of conformity, the international standard dedicated to the fight against money laundering, the financing of terrorism and the proliferation of weapons of mass destruction (AML/CFT).
  • On a national and regional scale, NSIA Bank CI is a highly expending bank having engaged significant modernization and optimization projects.
  • Mr. Skander highlighted the efforts made upstream by NSIA Bank CI, enabling it to claim AML 30000 certification, specifying: “The evaluation process, which was carried out by our teams over a period of 5 months, under the strict respect of the ISO 17021 standard, confirms the compliance of the NSIA Bank CI AML/CFT system with the AML 30000 standard.
  • Certification to the AML 30000 Standard aims to protect and reassure the various stakeholders against the risks of money laundering and terrorist financing.

The AD Ports Group confirms its continued compliance to the MSI 20000 financial quality standard

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星期一, 十二月 25, 2023

COFICERT announces that it has validated the continued compliance of the AD Ports Group (parent company of the Spanish group Noatum) with the international financial quality standard MSI 20000 .

Key Points: 
  • COFICERT announces that it has validated the continued compliance of the AD Ports Group (parent company of the Spanish group Noatum) with the international financial quality standard MSI 20000 .
  • The AD Ports group was awarded MSI 20000 certification in 2021 following a complete and in-depth assessment process focusing on its financial fundamentals, both in terms of solidity, but also financial performance.
  • Since then, two surveillance audits have been carried out on an annual basis to ensure the group's continued compliance with the MSI 20000 standard.
  • By validating its compliance, AD Ports is continuing the process already underway in terms of continuous improvement financial management.

Corebridge Financial Announces $150 Million Share Repurchase from AIG and Blackstone

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星期四, 十二月 14, 2023

Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American International Group, Inc. (“AIG”) and an affiliate of Blackstone Inc. (“Blackstone”) on December 14, 2023, pursuant to which it will repurchase an aggregate of $150 million of Corebridge common stock (the “Share Repurchase”).

Key Points: 
  • Corebridge Financial, Inc. (NYSE: CRBG) (“Corebridge”) today announced that it entered into a share repurchase agreement (the “Share Repurchase Agreement”) with American International Group, Inc. (“AIG”) and an affiliate of Blackstone Inc. (“Blackstone”) on December 14, 2023, pursuant to which it will repurchase an aggregate of $150 million of Corebridge common stock (the “Share Repurchase”).
  • Of the $150 million, approximately $135 million will be repurchased from AIG and approximately $15 million will be repurchased from Blackstone.
  • The Share Repurchase is expected to close on December 18, 2023, subject to customary closing conditions.
  • The purchase price paid by Corebridge was $21.75 per share, the closing price of Corebridge common stock on the New York Stock Exchange immediately prior to entry into the Share Repurchase Agreement.

ICE Announces Approval of Electronic Trade Document Solution for the Delivery of Commodities Globally

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星期五, 十二月 8, 2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that its ICE CargoDocs Local Law electronic bill of lading solution has received approval by global shipping insurance body, the International Group of Protection & Indemnity Clubs (IG P&I), helping accelerate ICE’s work to replace paper-based trade delivery documentation with electronic documents.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that its ICE CargoDocs Local Law electronic bill of lading solution has received approval by global shipping insurance body, the International Group of Protection & Indemnity Clubs (IG P&I), helping accelerate ICE’s work to replace paper-based trade delivery documentation with electronic documents.
  • IG P&I represents the 12 Clubs providing marine liability cover for 90% of the world’s ocean-shipped tonnage.
  • ICE CargoDocs enables physical trade and supply chain participants to digitize the entire lifecycle of key title and supporting documents used in domestic and international trade and trade finance.
  • ICE CargoDocs is provided by ICE Digital Trade which digitizes complex, fragmented, and paper-based processes, bringing increased transparency and collaboration across the many different participants involved in the physical delivery of commodities.

AIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common Stock

Retrieved on: 
星期二, 十二月 5, 2023

American International Group, Inc. (NYSE: AIG) today announced the closing of its secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced the closing of its secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock.
  • AIG, as the selling stockholder, sold 35 million existing shares of common stock (out of approximately 630 million total shares of common stock outstanding) of Corebridge at a public offering price of $20.50 per share, which included a 30-day option to the underwriter to purchase up to an additional 5.25 million shares.
  • The proceeds of the offering to AIG, after deducting underwriting discounts and commissions and other expenses payable by AIG, were approximately $712 million.
  • The offering of common stock was made only by means of a prospectus and an accompanying prospectus supplement.

Jimmy Dunne Elected to AIG’s Board of Directors

Retrieved on: 
星期一, 十二月 4, 2023

American International Group (NYSE: AIG) today announced that its Board of Directors has elected James (Jimmy) Dunne III as an independent Director, effective December 1, 2023.

Key Points: 
  • American International Group (NYSE: AIG) today announced that its Board of Directors has elected James (Jimmy) Dunne III as an independent Director, effective December 1, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231204513027/en/
    Peter Zaffino, Chairman & CEO, AIG, stated: “We are delighted to have someone of Jimmy’s caliber join the AIG Board.
  • Mr. Dunne graduated from the University of Notre Dame and is a member on its Board of Trustees.
  • He also currently serves as a board member of Chime Financial, Inc. and the PGA Tour Policy Board.

AIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common Stock

Retrieved on: 
星期五, 十二月 1, 2023

American International Group, Inc. (NYSE: AIG) today announced that it has priced the secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock at $20.50 per share.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that it has priced the secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock at $20.50 per share.
  • AIG, as the selling stockholder, has offered 35 million existing shares of common stock (out of approximately 630 million total shares of common stock outstanding) of Corebridge, corresponding to approximately $718 million of gross proceeds.
  • AIG will remain a majority shareholder of Corebridge Financial upon completion of this offering.
  • The offering of common stock is being made only by means of a prospectus and an accompanying prospectus supplement.

Rose Marie Glazer Named General Counsel of AIG

Retrieved on: 
星期四, 十一月 30, 2023

American International Group, Inc. (NYSE: AIG) today announced that Rose Marie Glazer, who served as Interim General Counsel since October 1, 2023, has been named General Counsel, with immediate effect, overseeing AIG’s legal, compliance, regulatory and government affairs functions.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that Rose Marie Glazer, who served as Interim General Counsel since October 1, 2023, has been named General Counsel, with immediate effect, overseeing AIG’s legal, compliance, regulatory and government affairs functions.
  • View the full release here: https://www.businesswire.com/news/home/20231130410663/en/
    Ms. Glazer remains an Executive Vice President reporting to Peter Zaffino, AIG Chairman & Chief Executive Officer, and member of AIG’s Executive Leadership Team.
  • Mr. Zaffino stated: “The legal, business and governance expertise that Rose Marie has demonstrated during her tenure, including most recently as Interim General Counsel, reaffirms that she is uniquely qualified for this leadership position.
  • Rose Marie has played an instrumental role in the significant progress we have made in positioning AIG as a top performing global insurer.