FTG

Firan Technology Group Corporation Announces Results of AGM

Retrieved on: 
Friday, April 12, 2024
Chartered Professional Accountant, Canada Business Corporations Act, Remuneration, FTG, MNP, MNP LLP, Corporation, Proxy, AGM, Indian stock exchange

As David F. Masotti did not receive a majority of the votes cast for his election, he was not elected as a director of the Corporation.

Key Points: 
  • As David F. Masotti did not receive a majority of the votes cast for his election, he was not elected as a director of the Corporation.
  • There were 37 shareholders represented in person or by proxy at the AGM holding 17,214,100 Common Shares representing 72.10% of the Corporation’s issued and outstanding Common Shares.
  • In addition, at the AGM, the shareholders re-appointed MNP LLP, Chartered Professional Accountants, as the Corporation’s auditor and authorized the directors to fix the auditor’s remuneration.
  • For more information on these matters, please refer to FTG’s management information circular dated February 22, 2024, available on SEDAR+ at www.sedarplus.com .

Firan Technology Group Corporation (“FTG”) Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 11, 2024
Adjustment, FTG, International Financial Reporting Standards, International, ERC

For FTG in Q1 2024, overall sales increased by $10.3M or 41.9% from $24.6M in Q1 2023 to $35.0M in Q1 2024.

Key Points: 
  • For FTG in Q1 2024, overall sales increased by $10.3M or 41.9% from $24.6M in Q1 2023 to $35.0M in Q1 2024.
  • Gross margin in Q1 2024 was $8.9M or 25.5% as compared to $9.8M or 39.7% in Q1 2024.
  • The Aerospace segment EBIT was $1.4M in Q1 2024 versus $2.3M in Q1 2023.
  • Excluding ERC funds of $1.0M included in Aerospace segment EBIT in Q1 2023, Aerospace segment EBIT increased marginally in Q1 2024 from Q1 2023 on flat revenues.

New Jersey Revolutionizes Permitting Process with Statewide Electronic Integration

Retrieved on: 
Wednesday, April 10, 2024
Collaboration, FTG, Communication, SOC

ST. LOUIS, April 10, 2024 /PRNewswire-PRWeb/ -- New Jersey is poised to unveil its cutting-edge statewide electronic permitting process, marking a milestone in modernizing permit application submissions and inspection scheduling. Are municipalities across the state prepared for this transformative advancement?

Key Points: 
  • New Jersey is poised to unveil its cutting-edge statewide electronic permitting process, marking a milestone in modernizing permit application submissions and inspection scheduling.
  • ST. LOUIS, April 10, 2024 /PRNewswire-PRWeb/ -- New Jersey is poised to unveil its cutting-edge statewide electronic permitting process, marking a milestone in modernizing permit application submissions and inspection scheduling.
  • This groundbreaking integration offers municipalities an online services portal and electronic plan review capabilities, meeting the latest state permitting regulations.
  • New Jersey's transition to a statewide electronic permitting process marks a pivotal step towards modernization and efficiency in municipal operations.

Firan Technology Group Corporation (“FTG”) Announces First Quarter 2024 Earnings Release and Conference Call Dates

Retrieved on: 
Friday, April 5, 2024
Corporation, FTG, Conference, TSX, Chairperson

TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the first quarter 2024 financial results after the market closes on Thursday, April 11, 2024.

Key Points: 
  • TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) will release the first quarter 2024 financial results after the market closes on Thursday, April 11, 2024.
  • The Corporation will host a live conference call on Friday, April 12, 2024, at 8:30am (Eastern) to discuss the first quarter 2024 financial results.
  • Anyone wishing to participate in the call should dial 289-514-5100 or 1-800-717-1738, Conference ID 34553, and identify that you are calling to participate in the FTG conference call.
  • A replay of the call will be available until May 12, 2024, and will be available on the FTG website at www.ftgcorp.com.

Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY

Retrieved on: 
Tuesday, April 2, 2024
Gene, Artesunate, NMPA, Fosun International, Growth, Cell, Carcinoma, Patient, MSCI, FTG, Rehabilitation, Fosun Pharma, World Health Organization, National Medical Products Administration, Club Med, HKEX, Sustainability, Marketing, SCLC, HSI, AA

During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.

Key Points: 
  • During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.
  • Industrial operation profit reached RMB4.9 billion, representing a year-on-year increase of 20%.
  • Total revenue of the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (FTG), was RMB142.69 billion, representing a year-on-year increase of 8%, contributing 72% of the revenue.
  • In 2023, Fosun's overseas revenue reached RMB89.2 billion, representing a year-on-year growth of 6% and accounting for 45% of the total revenue.

Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY

Retrieved on: 
Tuesday, April 2, 2024
Gene, Artesunate, NMPA, Fosun International, Growth, Cell, Carcinoma, Patient, MSCI, FTG, Rehabilitation, Fosun Pharma, World Health Organization, National Medical Products Administration, Club Med, HKEX, Sustainability, Marketing, SCLC, HSI, AA

During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.

Key Points: 
  • During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.
  • Industrial operation profit reached RMB4.9 billion, representing a year-on-year increase of 20%.
  • Total revenue of the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (FTG), was RMB142.69 billion, representing a year-on-year increase of 8%, contributing 72% of the revenue.
  • In 2023, Fosun's overseas revenue reached RMB89.2 billion, representing a year-on-year growth of 6% and accounting for 45% of the total revenue.

Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY

Retrieved on: 
Wednesday, March 27, 2024
Gene, Mining, PPT, Cell, RMB, Patient, Rehabilitation, TCFD, Marketing, World Health Organization, HSI, Artesunate, Carcinoma, MSCI, FTG, Telehealth, Lithium, National Medical Products Administration, HKEX, Sustainability, SCLC, AA, KOD, NMPA, Growth, Hope, Fosun Pharma, S&P, Task force, Club Med, Dragon

HONG KONG, March 27, 2024 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today announced its annual results for the year ended 31 December 2023 (the "Reporting Period").

Key Points: 
  • During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.
  • Thanks to the Group's global business presence and continuous innovation, industrial operation profit reached RMB4.9 billion, representing a year-on-year increase of 20%.
  • Total revenue of the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (FTG), was RMB142.69 billion, representing  a year-on-year increase of 8%, contributing 72% of the revenue.
  • In 2023, Fosun's overseas revenue reached RMB89.2 billion, representing a year-on-year growth of 6% and accounting for 45% of the total revenue.

Farlie Turner Gilbert Advises SimSpace in $45 Million Growth Equity Private Placement from L2 Point Management

Retrieved on: 
Thursday, March 21, 2024
Point, Pleasure, FTG, The Company, Growth, Management

FORT LAUDERDALE, Fla., March 21, 2024 /PRNewswire/ -- Farlie Turner Gilbert & Co., LLC ("FTG"), a leading investment bank serving middle market companies, announced today that its affiliate Bayshore Partners, LLC advised SimSpace Corp. ("SimSpace" or the "Company") in its recent $45 million equity private placement led by L2 Point Management ("L2 Point"), a private investment firm specializing in flexible capital solutions for growth companies.

Key Points: 
  • FORT LAUDERDALE, Fla., March 21, 2024 /PRNewswire/ -- Farlie Turner Gilbert & Co., LLC ("FTG"), a leading investment bank serving middle market companies, announced today that its affiliate Bayshore Partners, LLC advised SimSpace Corp. ("SimSpace" or the "Company") in its recent $45 million equity private placement led by L2 Point Management ("L2 Point"), a private investment firm specializing in flexible capital solutions for growth companies.
  • Based in Boston, Massachusetts, SimSpace is a US-based market leader in military-grade cybersecurity.
  • Scott Saunders, Managing Director of FTG, said: "It was a pleasure to work with SimSpace's experienced management team, L2 Point, and Arsenal Growth.
  • The private placement for SimSpace represents another successful transaction for FTG's capital markets practice, which focuses on capital raises of $25 million to $350 million for growth companies and those with complex capital structures.

Prepare Your Municipality for Electronic Permitting with Mitchell Humphrey's FastTrackGov® Software

Retrieved on: 
Thursday, February 15, 2024
FTG

ST LOUIS, Feb. 15, 2024 /PRNewswire-PRWeb/ -- Government software provider Mitchell Humphrey & Co. is preparing municipalities for their digital future by supplying critical software products as the state of New Jersey moves toward a fully electronic permitting and inspection process under Bill A1145. Specialized software tailored to the requirements of local government organizations is the key to compliance and a successful transformation.

Key Points: 
  • ST LOUIS, Feb. 15, 2024 /PRNewswire-PRWeb/ -- Government software provider Mitchell Humphrey & Co. is preparing municipalities for their digital future by supplying critical software products as the state of New Jersey moves toward a fully electronic permitting and inspection process under Bill A1145.
  • Specialized software tailored to the requirements of local government organizations is the key to compliance and a successful transformation.
  • Under the new law, municipalities throughout the state are required to offer fully electronic permitting processes from the submission of applications to their final approval.
  • Brady continued, "Moving from paper-based to digital operations can be daunting initially, and municipality leadership teams must choose the right software for their community.

The Okura Tokyo Named Five-Star Hotel, Okura Fitness & Spa Named Four-Star Spa and Nouvelle Epoque Named Five-Star Restaurant in Forbes Travel Guide’s 2024 Star Awards

Retrieved on: 
Thursday, February 8, 2024
Luxury, Fitness & Nutrition, Restaurant, Bar, Health, Lodging, Retail, Destinations, Vacation, Travel, Star Awards, FTG, Star, Multimedia, Forbes Travel Guide

The Okura Tokyo earned a new Forbes Travel Guide Five-Star award, the Okura Fitness & Spa earned a Four-Star award, and the Nouvelle Epoque restaurant earned a Five-Star award.

Key Points: 
  • The Okura Tokyo earned a new Forbes Travel Guide Five-Star award, the Okura Fitness & Spa earned a Four-Star award, and the Nouvelle Epoque restaurant earned a Five-Star award.
  • View the full release here: https://www.businesswire.com/news/home/20240208562815/en/
    The Okura Tokyo received the five-star hospitality rating for the second year in a row.
  • This is the first year for Forbes Travel Guide to launch its restaurant rating system in Japan.
  • “This year’s Star Awards reflects the forecasted surge in demand for more thrilling travel experiences,” says Amanda Frasier, President of Ratings for Forbes Travel Guide.