European Conservatives and Reformists Group Executive

VCI Global Limited To Serve As Exclusive Adviser To Horizon Globex GmbH

Retrieved on: 
Wednesday, May 31, 2023

KUALA LUMPUR, Malaysia, May 31, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has been engaged by Horizon Globex GmbH, and its affiliates, to provide advisory services on selected financial consultancy related services where the terms were formalised in a marketing and referral agreement signed between the two parties.

Key Points: 
  • KUALA LUMPUR, Malaysia, May 31, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has been engaged by Horizon Globex GmbH, and its affiliates, to provide advisory services on selected financial consultancy related services where the terms were formalised in a marketing and referral agreement signed between the two parties.
  • VCI Global, in its appointed role, will introduce and refer entities, including non-fungible token (NFT) clients, that wish to list on Upstream.
  • A fully regulated global stock exchange for digital securities and NFTs, Upstream, being a revolutionary trading app, enables one to dual list their respective shares on its platform.
  • In its advisory capacity, VCI Global shall also be granted territorial exclusivity by Horizon Globex GmbH for Malaysia, Singapore, and Indonesia, for a period of six months from the date of the agreement.

VCI Global To Subscribe For Stake In GlobexUS Holdings Corp

Retrieved on: 
Wednesday, May 31, 2023

KUALA LUMPUR, Malaysia, May 31, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced it will be subscribing for 500 new GlobexUS Holdings Corp (“GlobexUS”) shares at USD3,000 per share for USD1.5 million.

Key Points: 
  • KUALA LUMPUR, Malaysia, May 31, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced it will be subscribing for 500 new GlobexUS Holdings Corp (“GlobexUS”) shares at USD3,000 per share for USD1.5 million.
  • GlobexUS is the holding company of the 50/50 joint venture technology partner of Upstream Exchange (“Upstream”), a MERJ Exchange market.
  • VCI Global has already made in-roads having secured its first issuer client, which is already looking into taking part in dual-listing on Upstream.
  • This partnership with Upstream will open up a new revenue stream for us which, we believe, will increase the valuation of VCI Global significantly once it gains traction,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

VCI Global Appointed Consultant For The Up-Listing Of HWGG Entertainment

Retrieved on: 
Tuesday, May 30, 2023

KUALA LUMPUR, Malaysia, May 30, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that its wholly owned subsidiary V Capital Consulting Limited (“VCCL”) has been appointed as the consultant for HWGG Entertainment Limited (“HWGG”, which stands for Ho Wah Genting Group), for the latter’s forthcoming listing on the NASDAQ stock market.

Key Points: 
  • KUALA LUMPUR, Malaysia, May 30, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that its wholly owned subsidiary V Capital Consulting Limited (“VCCL”) has been appointed as the consultant for HWGG Entertainment Limited (“HWGG”, which stands for Ho Wah Genting Group), for the latter’s forthcoming listing on the NASDAQ stock market.
  • This advisory mandate entails a USD1.6 million advisory fee and also a success fee of 5% of HWGG’s market capitalisation upon listing.
  • HWGG is one of the most established entertainment service providers throughout Southeast Asia.
  • Reimagining the travel and entertainment landscape by employing the most advanced technology such as Web3.0 to enhance the power of its global reach.

CVG Announces CEO Transition and Reaffirms 2023 Outlook and Long-Term Strategy

Retrieved on: 
Tuesday, May 9, 2023

Robert C. Griffin, the Chairman of the Board, is expected to be elected by the Board as the Company’s interim President and Chief Executive Officer, effective May 19, 2023.

Key Points: 
  • Robert C. Griffin, the Chairman of the Board, is expected to be elected by the Board as the Company’s interim President and Chief Executive Officer, effective May 19, 2023.
  • Mr. Griffin along with the Board of Directors has served as a Director since 2005 and has worked closely alongside Harold in designing and implementing the Company’s strategy.
  • “Harold has set CVG on the right path for future growth and we’re grateful for his contributions,” Mr. Griffin said.
  • In announcing the management changes noted above, the Company today reaffirmed its commitment to its strategic goals and improvement in its results for 2023.

Cullen/Frost Bankers, Inc. Hosts First Quarter 2023 Earnings Conference Call

Retrieved on: 
Monday, April 3, 2023

SAN ANTONIO, April 3, 2023 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, April 27, 2023 to discuss first quarter 2023 earnings.

Key Points: 
  • SAN ANTONIO, April 3, 2023 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, April 27, 2023 to discuss first quarter 2023 earnings.
  • Earnings Release: The earnings release for Cullen/Frost Bankers, Inc. will be available at approximately 8:00 a.m. Central Time (CT) on the internet at https://investor.frostbank.com/ .
  • Conference Call and Live Webcast: The conference call will begin at 1:00 p.m. CT (2:00 p.m. Eastern) and will be hosted by Phil Green, Chairman and CEO, Jerry Salinas, Group Executive Vice President and CFO and A.B.
  • Following the prepared remarks there will be a question and answer session for the analyst community.

Kredivo Holdings, the Leading Southeast Asian Digital Financial Services Platform, Closes ~US$270m Series D Equity Round

Retrieved on: 
Thursday, March 23, 2023

SINGAPORE, March 23, 2023 /PRNewswire-PRWeb/ -- Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, today announced that it has raised ~US$270 million in equity financing in a significantly oversubscribed round, bringing its Series D fundraise to a successful close. This round was led by Japanese global bank Mizuho Bank, Ltd., a subsidiary of Mizuho Financial Group, Inc. ("Mizuho") and also drew significant interest from Kredivo Holdings' existing stable of top tier investors, including Square Peg Capital, Jungle Ventures, Naver Financial Corporation, GMO Venture Partners and Openspace Ventures, among others.

Key Points: 
  • Akshay Garg, CEO of Kredivo Holdings, said, "Despite challenging market conditions, investors continue to recognize the scale and strength of our business, and our innovation potential.
  • The upcoming expansion into digital banking with Krom is deeply synergistic with the existing Kredivo product and also opens up a very promising channel for us to become the digital financial services platform of choice for tens of millions of consumers in Southeast Asia.
  • The digitization of financial services is a multi-decadal theme, and we're excited to back Kredivo's mission of building the highest quality digital financial services platform in Southeast Asia."
  • Evercore acted as the financial advisor to Kredivo Holdings for Mizuho's investment in the Series D equity transaction, and Cooley LLP acted as the legal advisor.

Dirk Bontridder Appointed as CEO of New PerkinElmer Business Acquired by New Mountain Capital

Retrieved on: 
Monday, March 20, 2023

The new PerkinElmer business acquired by New Mountain Capital announced today the appointment of Dirk Bontridder as Chief Executive Officer effective March 13, 2023.

Key Points: 
  • The new PerkinElmer business acquired by New Mountain Capital announced today the appointment of Dirk Bontridder as Chief Executive Officer effective March 13, 2023.
  • “We are pleased to welcome Dirk to the new PerkinElmer business,” said Andre Moura, Managing Director at New Mountain Capital.
  • He also oversaw the successful development of Eurofins’ clinical diagnostics business in the U.S.
    “The fundamentals of the new PerkinElmer business are strong.
  • With a global footprint, PerkinElmer is a trusted brand with a legacy of innovation to deliver in a customer-centered culture,” said Dirk Bontridder.

Pitney Bowes to Participate at the J.P. Morgan Global High Yield and Leveraged Finance Conference

Retrieved on: 
Monday, March 6, 2023

Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, will participate in the 2023 J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami Beach, Fla., on Monday, March 6, 2023.

Key Points: 
  • Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, will participate in the 2023 J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami Beach, Fla., on Monday, March 6, 2023.
  • Ana Chadwick, Executive Vice President and Chief Financial Officer, Jason Dies, Executive Vice President and Group Executive, Gregg Zegras, Executive Vice President, Pitney Bowes Global Ecommerce, and Ned Zachar, Vice President, Investor Relations will present at 8:30 a.m.
  • ET and will conduct meetings with investors at the conference.
  • The presentation can be accessed on the Company’s investor relations website [email protected] .

ROSS STORES OPENS 19 NEW LOCATIONS

Retrieved on: 
Monday, March 6, 2023

DUBLIN, Calif., March 6, 2023 /PRNewswire/ -- Ross Stores, Inc. opened 11 Ross Dress for Less® ("Ross") and eight dd's DISCOUNTS® stores in 13 different states in February and March. Both chains expanded into existing markets including locations in California, Texas, and Florida. For dd's, growth also included their first store in the state of Wisconsin. These new locations are part of the Company's plans to add approximately 100 new stores, comprised of about 75 Ross and 25 dd's DISCOUNTS, during fiscal 2023. 

Key Points: 
  • DUBLIN, Calif., March 6, 2023 /PRNewswire/ -- Ross Stores, Inc. opened 11 Ross Dress for Less® ("Ross") and eight dd's DISCOUNTS® stores in 13 different states in February and March.
  • These new locations are part of the Company's plans to add approximately 100 new stores, comprised of about 75 Ross and 25 dd's DISCOUNTS, during fiscal 2023.
  • "We now operate a total of 2,034 Ross Dress for Less and dd's DISCOUNTS locations across 40 states, the District of Columbia, and Guam.
  • Currently, the Company operates Ross Dress for Less® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,704 locations in 40 states, the District of Columbia, and Guam.

RBC publishes 2022 Environmental, Social and Governance (ESG) Performance Report and Climate Report

Retrieved on: 
Monday, March 6, 2023

Our 2022 Environmental, Social and Governance (ESG) Performance Report offers insights into RBC's approach to ESG and our 2022 performance across our key ESG strategic priorities and focus areas.

Key Points: 
  • Our 2022 Environmental, Social and Governance (ESG) Performance Report offers insights into RBC's approach to ESG and our 2022 performance across our key ESG strategic priorities and focus areas.
  • Our 2022 Climate Report summarizes RBC's progress in advancing how we manage climate-related risks and opportunities in line with our enterprise climate strategy, the RBC Climate Blueprint and in implementing the recommendations of the Task Force on Climate-related Financial Disclosures.
  • At RBC, we're proud to play our part as we demonstrate and measure our progress to hold ourselves accountable.
  • The climate modifier outlined in the 2022 Climate Report gives the board flexibility to make modifications to executives' Mid-Term Incentive and Long-Term Incentive awards, taking into consideration their actions supporting our climate strategy.