CoreStates Financial Corporation

EQS-News: Corestate Capital Holding S.A.: Creditors' meeting approves bond restructuring plan and lays foundation for company's going concern

Retrieved on: 
Monday, November 28, 2022

Luxembourg, 28 November 2022 - Today's creditors' meetings of Corestate Capital Holding S.A. ("Corestate") approved the bond investors' proposal with a large majority, thus clearing the way for a sustainable restructuring of the company.

Key Points: 
  • Luxembourg, 28 November 2022 - Today's creditors' meetings of Corestate Capital Holding S.A. ("Corestate") approved the bond investors' proposal with a large majority, thus clearing the way for a sustainable restructuring of the company.
  • The entire group has been given a concrete perspective with today's concept of measures for debt reduction.
  • The restructuring concept initially foresees a deferral of the maturing convertible bond until April 2023.
  • About Corestate Capital Holding S.A. (Corestate)
    Corestate is an investment manager and co-investor with 17.3 billion in assets under management in the core business.

EQS-News: Corestate sees weak business performance in the first nine months of 2022 – goodwill impairments and one-off effects negatively impact adjusted net profit

Retrieved on: 
Sunday, November 27, 2022

Luxembourg, 15 November 2022 The Corestate Capital Group (Corestate) has published its results for the first nine months of 2022.

Key Points: 
  • Luxembourg, 15 November 2022 The Corestate Capital Group (Corestate) has published its results for the first nine months of 2022.
  • In its core business, real estate equity and real estate debt, assets under management amounted to 17.3bn as at 30 September 2022 (2021: 20.0bn).
  • On the income side, aggregated revenues and gains from continuing operations in the reporting period 2022 were down and stood at 49.7m (previous year: 156.7m).
  • Net profit from continuing operations, adjusted for one-off effects from write-downs and deferred taxes, currently stands at -137.4m (previous year: 25.2m).

EQS-News: CORESTATE supports creditors' proposal for bond restructuring - Extraordinary General Meeting adjourned to 20 December 2022

Retrieved on: 
Sunday, November 27, 2022

Luxembourg, 22 November 2022 - The Management Board of CORESTATE Capital Holding S.A. (CORESTATE) has today unanimously decided to support the restructuring proposal of the Ad-hoc Committee (AHC), a group of large bondholders.

Key Points: 
  • Luxembourg, 22 November 2022 - The Management Board of CORESTATE Capital Holding S.A. (CORESTATE) has today unanimously decided to support the restructuring proposal of the Ad-hoc Committee (AHC), a group of large bondholders.
  • Against this background, today's extraordinary general meeting was also adjourned by four weeks to 20 December 2022 in order to enable a broad shareholder vote with the help of a concrete restructuring concept that promises success.
  • About Corestate Capital Holding S.A. (Corestate)
    Corestate is an investment manager and co-investor with 17.3 billion in assets under management in the core business.
  • The company sees itself as a manager for the entire length of the real estate value chain.

AAA GameFi MMORPG Bless Global Will Soon Start its Second Mystery Box Sale and the Public Beta Test

Retrieved on: 
Tuesday, November 22, 2022

SEOUL, South Korea, Nov. 22, 2022 /PRNewswire/ -- Recently, Tigon Mobile, a subsidiary of the KOSDAQ-listed company Longtu Korea, announced its second Mystery Box sale for the game Bless Global.

Key Points: 
  • SEOUL, South Korea, Nov. 22, 2022 /PRNewswire/ -- Recently, Tigon Mobile, a subsidiary of the KOSDAQ-listed company Longtu Korea, announced its second Mystery Box sale for the game Bless Global.
  • In its first Mystery Box sale, the desert-themed series Whispering Barren was sold out in a trice, drawing great attention in the market.
  • Now, the second sale for the MysticFalls series, including new mount and pet NFTs, will soon begin on Nov 23.
  • Download the PocketBuff app here: http://pocketbuff.com/42o1f2
    The AAA MMORPG GameFi Bless Global is about to start the beta test.

AAA GameFi MMORPG Bless Global Will Soon Start its Second Mystery Box Sale and the Public Beta Test

Retrieved on: 
Tuesday, November 22, 2022

SEOUL, South Korea, Nov. 22, 2022 /PRNewswire/ -- Recently, Tigon Mobile, a subsidiary of the KOSDAQ-listed company Longtu Korea, announced its second Mystery Box sale for the game Bless Global.

Key Points: 
  • SEOUL, South Korea, Nov. 22, 2022 /PRNewswire/ -- Recently, Tigon Mobile, a subsidiary of the KOSDAQ-listed company Longtu Korea, announced its second Mystery Box sale for the game Bless Global.
  • In its first Mystery Box sale, the desert-themed series Whispering Barren was sold out in a trice, drawing great attention in the market.
  • Now, the second sale for the MysticFalls series, including new mount and pet NFTs, will soon begin on Nov 23.
  • Download the PocketBuff app here: http://pocketbuff.com/42o1f2
    The AAA MMORPG GameFi Bless Global is about to start the beta test.

Bless Global's First Batch of Mystery Box Sold Out within Minutes and its VIP PASS Became a Big Hit. What Gave This AAA GameFi MMORPG Unlimited Potential?

Retrieved on: 
Wednesday, October 19, 2022

SEOUL, South Korea, Oct. 19, 2022 /PRNewswire/ -- On Oct 18, Tigon Mobile, the subsidiary of Longtu Korea, started to sell the first batch of Whispering Barren at 19.9 USDT each with a limited stock of 2,000 on the NFT platform PocketBuff. The series contains desert-themed Mystery Boxes of Bless Global, a new GameFi based on the PC game Bless Online.

Key Points: 
  • The series contains desert-themed Mystery Boxes of Bless Global, a new GameFi based on the PC game Bless Online.
  • It is surprising how Whispering Barren Mystery Box turned out to be a big hit against the backdrop of a declining market.
  • Reportedly, users who purchase the Whispering Barren boxes will randomly obtain one of the following two NFTs: Postcards and VIP PASS.
  • Only 5 out of the 200 Diamond VIP PASS available were sold in the first batch, which makes them extra rare.

Bless Global's First Batch of Mystery Box Sold Out within Minutes and its VIP PASS Became a Big Hit. What Gave This AAA GameFi MMORPG Unlimited Potential?

Retrieved on: 
Wednesday, October 19, 2022

SEOUL, South Korea, Oct. 19, 2022 /PRNewswire/ -- On Oct 18, Tigon Mobile, the subsidiary of Longtu Korea, started to sell the first batch of Whispering Barren at 19.9 USDT each with a limited stock of 2,000 on the NFT platform PocketBuff. The series contains desert-themed Mystery Boxes of Bless Global, a new GameFi based on the PC game Bless Online.

Key Points: 
  • The series contains desert-themed Mystery Boxes of Bless Global, a new GameFi based on the PC game Bless Online.
  • It is surprising how Whispering Barren Mystery Box turned out to be a big hit against the backdrop of a declining market.
  • Reportedly, users who purchase the Whispering Barren boxes will randomly obtain one of the following two NFTs: Postcards and VIP PASS.
  • Only 5 out of the 200 Diamond VIP PASS available were sold in the first batch, which makes them extra rare.

AAA GameFi MMORPG Bless Global's very first batch of Mystery Box, Whispering Barren soon will be on sale!

Retrieved on: 
Friday, October 14, 2022

SEOUL, South Korea, Oct. 14, 2022 /PRNewswire/ -- 

Key Points: 
  • Bless Global's first batch of desert-themed Mystery Box "Whispering Barren" soon will be on sale!
  • Receive two random NFTs by purchasing Mystery Box "Whispering Barren": High art quality Postcard and VIP PASS.
  • Postcards in the first batch of Mystery Box contains 5 Desert Series Postcards (Scenery Postcard) and 1 hidden edition Sculpture-themed Postcard.
  • In Mystery Box "Whispering Barren", there is a chance of winning one of them.

AAA GameFi MMORPG Bless Global's very first batch of Mystery Box, Whispering Barren soon will be on sale!

Retrieved on: 
Friday, October 14, 2022

SEOUL, South Korea, Oct. 14, 2022 /PRNewswire/ -- 

Key Points: 
  • Bless Global's first batch of desert-themed Mystery Box "Whispering Barren" soon will be on sale!
  • Receive two random NFTs by purchasing Mystery Box "Whispering Barren": High art quality Postcard and VIP PASS.
  • Postcards in the first batch of Mystery Box contains 5 Desert Series Postcards (Scenery Postcard) and 1 hidden edition Sculpture-themed Postcard.
  • In Mystery Box "Whispering Barren", there is a chance of winning one of them.

DGAP-News: Corestate with weaker business development in the first half of 2022 - non-recurring items weigh on results

Retrieved on: 
Tuesday, August 9, 2022

August 2022 Corestate Capital Group (Corestate) reports results for the first half of 2022.

Key Points: 
  • August 2022 Corestate Capital Group (Corestate) reports results for the first half of 2022.
  • In the core business, Real Estate Equity and Real Estate Debt, the assets under management amount to 15.8 billion as of June 30, 2022 (2021: 17.2 billion).
  • On the income side, total revenue from continued operations declined in the first half of 2022 to 22.9 million (previous year: 98.3 million).
  • In the first half of 2022, EBITDA from continued operations amounted to -125.4 million, compared with 35.7 million in the previous year.