PricewaterhouseCoopers

O’KEY Group S.A. RESULTS OF THE EXTRAORDINARY GENERAL MEETING

Retrieved on: 
Sunday, January 22, 2023
PricewaterhouseCoopers, MAR, Remuneration, Audit

Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
  • To accept resignation of the current statutory auditor of the Company, PricewaterhouseCoopers, Société cooperative, and to grant discharge to the resigning statutory auditor for the execution of its mandate.
  • To appoint MOORE Audit S.A., as approved statutory auditor of the Company, to hold office until the conclusion of the next Annual General Meeting.
  • To authorise the Board of Directors of the Company to determine the remuneration of the approved statutory auditor of the Company.

Astar Network Named ‘Product of the Year’ At the JBA  Annual Blockchain Award

Retrieved on: 
Sunday, January 22, 2023
Government, WASM, PricewaterhouseCoopers, XVM, Microsoft, ASTR, DAPP, Person, Sota, XCM, BitFlyer, GMO, JBA, EY, EVM, KPMG, Blockchain, ConsenSys, Sota Watanabe, Cryptocurrency, Astar, Polka dot

Sota Watanabe, the founder of Astar Network, bagged the ‘Person of the Year’ Award for the second time in a row.

Key Points: 
  • Sota Watanabe, the founder of Astar Network, bagged the ‘Person of the Year’ Award for the second time in a row.
  • Tokyo, December 23, 2022 – Astar Network , the smart contract platform for multichain, has been awarded the Product of the Year at the 4th annual Blockchain Award by the Japan Blockchain Association.
  • Astar Network’s founder and CEO Sota Watanabe bagged the Person of the Year award for the second consecutive year at the same event.
  • Both Astar Network and Sota Watanabe emerged as the favorites of the Japanese Web3 community in a survey conducted by the Japan Blockchain Association (JBA).

FDCTech acquires a majority controlling position in New Star Capital Trading Ltd. and its subsidiary, strengthening its strategic focus on the online retail brokerage business.

Retrieved on: 
Friday, January 6, 2023
PricewaterhouseCoopers, Bank Holding Company Act, MFSA, Gun laws in Malta, Law, Category 3, Malta Financial Services Authority, Companies Act, FDC, Cryptocurrency, Acquisition, The Company, License, Virgin Islands, Security (finance), New star

Irvine, CA, Jan. 06, 2023 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech-driven acquisition company with a full suite of digital financial services solutions, today announced it has completed the sales purchase agreement ("Agreement") under which the Company acquired a 50.10% equity interest in New Star Capital Trading Ltd., a British Virgin Island company ("New Star") and its operating subsidiary NSFX Ltd ("NSFX"), an online trading brokerage firm regulated by the Malta Financial Services Authority.

Key Points: 
  • New Star Capital Trading Ltd. ("New Star") is a holding company, and its operating subsidiary NSFX Ltd ("NSFX") is an online trading brokerage firm regulated by the Malta Financial Services Authority.
  • NSFX provides brokerage services in margin trading forex, cryptocurrencies, equity, commodities, and other financial assets.
  • NSFX has furnished the Company with its audited balance sheet for the fiscal year that ended on November 30, 2021, and 2020 (the "Balance Sheet Date").
  • NSFX provided the related audited statements of operations, stockholders' equity, and cash flows for the fiscal years ending November 30, 2021, and 2020.

Seasoned Finance and Accounting Team Joins Calprivate Bank and Private Bancorp of America

Retrieved on: 
Thursday, January 5, 2023
PricewaterhouseCoopers, Bank, Transformation, Treasury, OTCQX, Cory, Management

LA JOLLA, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX: PBAM) (“Company”) and CalPrivate Bank (“Bank”) President & CEO Rick Sowers announced today that a new finance and accounting leadership team has joined the Company and the Bank.

Key Points: 
  • LA JOLLA, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX: PBAM) (“Company”) and CalPrivate Bank (“Bank”) President & CEO Rick Sowers announced today that a new finance and accounting leadership team has joined the Company and the Bank.
  • Joining Cory will be Tony Dal Maso, SVP Accounting & Financial Reporting, Mark Hettel, SVP Finance Strategy & Transformation and Erik Torseth, SVP Finance & Treasury.
  • “We are very excited to have such a seasoned and experienced finance and accounting team join the Company.
  • “I am thrilled about the opportunity to work alongside such an accomplished team at CalPrivate Bank.

Weatherford Appoints Arun Mitra as Executive Vice President and Chief Financial Officer

Retrieved on: 
Tuesday, January 3, 2023
Hydrogen, PricewaterhouseCoopers, Executive, Weatherford International, KPMG, WFRD, Management

HOUSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) --  Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) has appointed Arun Mitra as the Company’s Executive Vice President and Chief Financial Officer.

Key Points: 
  • HOUSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) --  Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) has appointed Arun Mitra as the Company’s Executive Vice President and Chief Financial Officer.
  • Before joining Weatherford, Mr. Mitra served as the Executive Vice President and Chief Financial Officer of Mitsubishi Power Americas Inc., a leader in power generation and energy storage solutions.
  • Mr. Mitra commented, “It’s exciting to join an organization that has come so far in such a short amount of time.
  • I look forward to advancing the Company’s strategic direction as part of the executive leadership team and continuing the work to improve financial performance.”
    Girish Saligram, President and Chief Executive Officer, also commented, “I am pleased to welcome Arun to the One Weatherford executive team.

TVM starts to develop LaLiga Metaverse Tokens La E On

Retrieved on: 
Thursday, December 22, 2022
PricewaterhouseCoopers, Social media, Microsoft, Apple, NVIDIA, Meta, TVM, Reward, XR, City, Forecasting, Real Madrid CF, AR, NFT, NBA, VR, Internet, COVID-19, Football, Korean wave, Cryptocurrency, Sport, La Liga, Token, Metaverse

According to La Liga (The LaLiga National Professional Football League) on the 20th of Dec. the metaverse company TVM, has announced that it has started to develop LaLiga Metaverse Tokens La E On, which would be used as the key reward and payment tool on LaLiga Metaverse.

Key Points: 
  • According to La Liga (The LaLiga National Professional Football League) on the 20th of Dec. the metaverse company TVM, has announced that it has started to develop LaLiga Metaverse Tokens La E On, which would be used as the key reward and payment tool on LaLiga Metaverse.
  • TVM is one of LaLiga's +10 global official partners and has the exclusive right to use the designation of "Official Metaverse of LaLiga".
  • Among the world’s five major football leagues, LaLiga is the first that enters the metaverse, and for that end, selected a Korean company TVM as its metaverse partner to build its LaLiga Metaverse.
  • Leo Choi, Blockchain Director of TVM, said, “LaLiga Metaverse Tokens will be used for NFT and P2E (Play to Earn) Rewards as well as various fan activities.

dLocal Refutes Short-Seller Report and Announces Share Buyback Program and Proposed Share Purchases by Key Shareholders

Retrieved on: 
Tuesday, December 20, 2022
IPO, DLO, PricewaterhouseCoopers, Argentina, TPV, Audit committee, Report, Share repurchase, Acquisition, General Atlantic, Annual report, US, F-1, Risk management, Bank, Audit, Security (finance)

MONTEVIDEO, Uruguay, Dec. 20, 2022 (GLOBE NEWSWIRE) -- DLocal Limited (“dLocal,” the “Company,” “we,” “us,” and “our”) (Nasdaq: DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, today announced a response to allegations made in a report by short seller Muddy Waters Capital, dated November 16, 2022 (the “Report”), as well as a share buyback program and proposed share purchases by key shareholders and senior management team.

Key Points: 
  • However, based on the two separate reviews, we do wish to set the record straight with respect to the following:
    Client funds.
  • We have not used merchants’ cash to make loans to our senior leadership or to pay dividends to our shareholders.
  • The Report draws comparisons between dLocal and other companies, which are inaccurate and unsubstantiated.
  • Sebastián Kanovich, dLocal’s CEO, stated, "These proposed share purchases attest to management’s and key shareholders' confidence in dLocal's current and future prospects.”

FRO – Special General Meeting Approves the Redomiciliation of Frontline to Cyprus

Retrieved on: 
Tuesday, December 20, 2022
Oslo Stock Exchange, LEI, Corporate law, Memorandum, CUSIP, European, Cyprus Securities and Exchange Commission, Proxy, FRO, Security (finance), Person, Medication discontinuation, Special, ISIN, Mass meeting, Restatements of the Law, Acquisition, Prospectus, Registrar, NYSE, Frontline Ltd., Sale, Council, Republic, PricewaterhouseCoopers, European Parliament, Official receiver, Risk management, Copper, Front line (disambiguation), EU

As will follow from these resolutions, Frontline’s shareholders have approved the Redomiciliation of the Company to the Republic of Cyprus under the name of Frontline plc.

Key Points: 
  • As will follow from these resolutions, Frontline’s shareholders have approved the Redomiciliation of the Company to the Republic of Cyprus under the name of Frontline plc.
  • Following the effective date of the Redomiciliation, shareholders of Frontline will hold one share of Frontline plc for each ordinary share of Frontline held prior to the Redomiciliation.
  • Upon effectiveness of the Redomiciliation, the rights of shareholders of Frontline plc will arise under Cyprus law and the Amended and Restated Memorandum and Articles of Association (the “Frontline Cyprus Charter”).
  • The Frontline Cyprus Charter, as approved at the Special General Meeting, will be effective from the date the Temporary Redomiciliation Certificate is issued by the Cyprus Companies' Registry.

JM Family Enterprises Announces Senior Leadership Appointment; Darrell Campbell

Retrieved on: 
Monday, December 19, 2022
Carnival Cruise Line, Family, Fortune 500, Carnival Corporation & plc, JM, Knowledge, University, West Indies, PricewaterhouseCoopers, CPA, International business, Florida International University, Retirement, LLP, Treasury, Jim Moran (businessman), Risk management, Management, Science, Accounting

Deerfield Beach, Fla., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Darrell Campbell has joined JM Family Enterprises, an $18 billion privately held company, as group vice president of strategy and finance.

Key Points: 
  • Deerfield Beach, Fla., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Darrell Campbell has joined JM Family Enterprises, an $18 billion privately held company, as group vice president of strategy and finance.
  • Eric Gebhard, the company’s group vice president of financial operations and treasurer, has announced his transition into retirement.
  • Gebhard will serve as a strategic advisor to Campbell, sharing the knowledge he has gained over his 26-year career with the company
    "We are pleased to welcome Darrell to JM Family,” said Ravi Abbineni, senior vice president and chief financial officer of JM Family Enterprises.
  • “He brings a wealth of knowledge from his previous roles, along with his proven experience in finance, integrated strategy and overall leadership.

Rithm Capital Corp. Elects Peggy Hwan Hebard to the Board of Directors

Retrieved on: 
Wednesday, January 4, 2023
Construction & Property, Professional Services, REIT, Finance, PricewaterhouseCoopers, Credit Suisse, Johns Hopkins, CFA, Wharton School of the University of Pennsylvania, RITM, Metropolitan Museum of Art, Knowledge, Cooper, Museum, Compensation, MBA, CPA, BS, Wendell Pritchett, Credit Suisse First Boston, Growth, NYSE, Audit, TPB, S&P Global Ratings, TM Capital Corp., University, Standard, Yale School of Management, Senior advisor, Children's Museum of Manhattan, Yale school, Management, Art

Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Peggy Hwan Hebard as an independent member of the Board, effective as of January 1, 2023.

Key Points: 
  • Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Peggy Hwan Hebard as an independent member of the Board, effective as of January 1, 2023.
  • “We are extremely excited to announce Peggy as a new addition to our Board of Directors during an exciting time in Rithm Capital’s continued evolution,” said Michael Nierenberg, Chairman, Chief Executive Officer and President of Rithm Capital.
  • “Peggy’s extensive experience in and knowledge of the financial services industry, public boards and strategic transaction advising will be valuable assets to our Board.
  • The addition of Peggy to our Board complements our existing directors’ skills and experiences.