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VCI Global CEO Purchases Shares on the Open Market, Reinforcing Confidence in the Company's Growth
Globenewswire· 2025-11-21 12:59
Core Insights - VCI Global Limited's Group Executive Chairman and CEO, Mr. Victor Hoo, has significantly increased his ownership in the company through open-market purchases, indicating strong confidence in the company's future [1][2] - The company's recent share repurchase program, alongside Mr. Hoo's purchases, reflects a belief that the market undervalues VCI Global's growth potential and strategic direction [2] Company Strategy - VCI Global is focused on expanding across multiple sectors, including technology, cybersecurity, artificial intelligence, financial services, and digital asset infrastructure, aiming for substantial value creation [2][3] - The company emphasizes aggressive execution, capital efficiency, and maximizing long-term shareholder returns as part of its strategic initiatives [3] Business Model - VCI Global operates as a cross-sector platform builder, integrating technology innovation with financial ecosystems to capture opportunities in the digital economy [4] - The company's strategy involves developing scalable platforms that provide resilience, efficiency, and long-term value across high-growth sectors [4]
Result of Realkredit Danmark's bond sales in series 10F and 10G
Globenewswire· 2025-11-21 12:49
Core Insights - Realkredit Danmark announces the final results of bond sales for refinancing FlexLån and FlexLife® effective from January 1, 2026 [1] Group 1: Bond Sales Results - The announcement includes detailed results of the mortgage covered bonds sold, which are outlined in the appendix [1][3]
IES Holdings Reports Fiscal 2025 Fourth Quarter and Full Year Results
Globenewswire· 2025-11-21 12:45
Core Insights - IES Holdings, Inc. reported record earnings for fiscal 2025, with consolidated revenue increasing by 17% year-over-year and operating income rising by 27% due to strategic investments and strong demand in key markets [4][5]. Financial Performance - Fourth quarter revenue reached $898 million, a 16% increase from $776 million in the same quarter of fiscal 2024 [6]. - Operating income for the fourth quarter was $104.3 million, up 39% from $75.0 million year-over-year [6]. - Net income attributable to IES for the fourth quarter was $101.8 million, a 61% increase compared to $63.1 million in the same quarter of fiscal 2024 [6]. - For fiscal 2025, total revenue was $3.37 billion, a 17% increase from $2.88 billion in fiscal 2024 [6]. - Operating income for fiscal 2025 was $383.5 million, up 27% from $300.9 million in fiscal 2024 [6]. Segment Performance - The Communications segment generated $1.14 billion in revenue for fiscal 2025, a 47% increase driven by demand in the data center market [7]. - The Residential segment's revenue was $1.30 billion, reflecting a 6% decrease due to challenges in the housing market [8]. - Infrastructure Solutions segment revenue increased by 42% to $498.7 million, benefiting from strong demand for custom engineered solutions [9]. - The Commercial & Industrial segment saw revenue rise by 16% to $427.7 million, driven by activity in education and healthcare markets [10]. Future Outlook - The company anticipates continued growth in its Communications, Infrastructure Solutions, and Commercial & Industrial segments, particularly in the data center market [5]. - A definitive agreement to acquire Gulf Island Fabrication, Inc. has been announced, aimed at increasing capacity for custom manufactured products [5]. Capital Allocation - IES ended the fiscal year with $127.2 million in cash and $104.6 million in marketable securities, with no debt [12]. - Capital allocation highlights include $52.4 million invested in acquisitions and $67.3 million in capital expenditures [18].
XOMA Royalty Announces Closing of Transactions to Acquire LAVA Therapeutics N.V.
Globenewswire· 2025-11-21 12:45
Core Insights - XOMA Royalty Corporation has completed the acquisition of LAVA Therapeutics N.V., with shareholders receiving $1.04 in cash per share and a contingent value right (CVR) [1][2] - The acquisition aligns with XOMA's strategy of enhancing its portfolio through partnerships with established oncology firms like Johnson & Johnson and Pfizer, potentially leading to significant value creation [2][3] Acquisition Details - The acquisition involved a total of 23,956,708 shares validly tendered, representing approximately 91.1% of the outstanding shares as of the final expiration date [2] - Following the acquisition, LAVA underwent a corporate reorganization, resulting in XOMA acquiring 100% of LAVA's shares, with remaining shareholders receiving the same cash and CVR consideration [3] Financial Aspects - LAVA shareholders are entitled to receive 75% of net proceeds from LAVA's partnered assets and any out-licensed or sold unpartnered programs, along with potential additional payments of up to approximately $0.23 per CVR [1][2] - The acquisition is expected to drive future milestones and royalties, enhancing the financial outlook for both XOMA and LAVA CVR holders [2] Legal and Advisory Information - XOMA Royalty was advised by Gibson, Dunn & Crutcher LLP and Loyens & Loeff N.V., while LAVA was represented by Leerink Partners and Cooley LLP [4]
Pasinex Announces Q3 2025 Financial Results and Provides Corporate Update
Globenewswire· 2025-11-21 12:44
Core Insights - Pasinex Resources Limited reported financial results for the three and nine months ended September 30, 2025, showing a net income of $42,989 for the quarter but a net loss of $1,128,423 for the nine-month period, primarily due to an equity loss compared to an equity gain in the previous year [2][8] - The company has made significant progress in acquiring full ownership of key assets, including the Horzum zinc mine and the Sarıkaya project, which are expected to enhance its operational capacity and profitability [3][4][8] Financial Performance - For the three months ended September 30, 2025, the share of net equity loss from joint ventures was $(77,708), compared to a gain of $112,432 in 2024 [2] - The consolidated net income (loss) for the nine months ended September 30, 2025, was $(1,128,423), a significant increase in loss from $(256,655) in 2024, attributed to higher general and administrative costs and interest expenses [2] - Total assets increased to $4,053,376 as of September 30, 2025, from $3,557,225 in 2024, while total liabilities decreased to $3,869,640 from $4,900,852 [2] Recent Developments - On September 11, 2025, Pasinex signed a Share Transfer and Settlement Agreement with Kurmel Holding to acquire 100% ownership of Horzum A.Ş., which includes the Pinargözü zinc mine [3][4] - The company also completed a private placement of common shares, raising gross proceeds of C$2,331,540, increasing the total shares outstanding to 204,813,876 [7] - The company announced a change in its financial year-end from December 31 to March 31 to align better with industry peers [6] Strategic Outlook - Pasinex is focused on developing high-grade zinc deposits in Türkiye and Nevada, with zinc grades ranging from 25% to 50%, which are economically equivalent to copper grades of approximately 9% to 15% [10][11] - The company aims to achieve cash flow positivity within the next two years, supported by a detailed development and exploration plan for its mines [8] - The Sarıkaya license is highlighted as a significant opportunity for direct shipping ore and potential major zinc discoveries [12]
BULGOLD Announces Filing of Third Quarter Financial Results for the Three and Nine Months Ended September 30, 2025
Globenewswire· 2025-11-21 12:30
Core Insights - BULGOLD Inc. reported a net comprehensive loss of $111,218 for Q3 2025 and $263,647 for the nine months ending September 30, 2025, with a cash balance of $846,652 as of the same date [1][2]. Company Overview - BULGOLD Inc. is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe, controlling 100% of three gold projects in Bulgaria and Slovakia [2]. - The company's projects include the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project, which are believed to have potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization [2]. Shareholder Information - As of September 30, 2025, BULGOLD had 49,132,335 issued and outstanding shares, with approximately 28.3% held by Founders, Directors, and Management [3].
Revival Gold Announces AGM Results
Globenewswire· 2025-11-21 12:30
TORONTO, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), is pleased to announce voting results for the election of directors at its Annual General Meeting (“AGM”) of Shareholders held on November 20th, 2025, in Toronto. A total of 130,728,552 common shares representing 48% of the Company’s issued and outstanding shares were voted in connection with the AGM. Shareholders approved all items of business before the AGM including the election of Di ...
AGF Investments Announces November 2025 Cash Distributions for AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund and AGF Systematic Global Infrastructure ETF
Globenewswire· 2025-11-21 12:25
TORONTO, Nov. 21, 2025 (GLOBE NEWSWIRE) -- AGF Investments Inc. (AGF Investments) (TSX:AGF.B) today announced the November 2025 cash distributions for AGF Enhanced U.S. Equity Income Fund*, AGF Total Return Bond Fund* and AGF Systematic Global Infrastructure ETF, which pay monthly distributions. Unitholders of record on November 28, 2025 will receive cash distributions payable on December 4, 2025.Details regarding the final “per unit” distribution amounts are as follows: ETF Ticker Exchange Cash Distributio ...
Gulf & Pacific Equities Corp. reports on Third Quarter Results with Revenue of $1,134,846
Globenewswire· 2025-11-21 12:15
Toronto, ON, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Gulf & Pacific Equities Corp. (TSX-V: GUF) an established company focused on the acquisition, management and development of anchored shopping centers in Western Canada, reports a 3.0% decrease in revenues to $1,134,846 in the quarter ended September 30, 2025, from $1,169,849 at the same period last year. Details of the nine and three months financial results for fiscal 2025 and 2024 under International Financial Reporting Standards (IFRS), as summarized below, ...
Polar Power Inc. Receives Purchase Order for Mobile Electric Vehicle Fast Chargers to Address the Growing Need for Emergency Roadside Assistance
Globenewswire· 2025-11-21 12:00
Polar Power Inc. Receives Purchase Order for Mobile Electric Vehicle Fast Chargers to Address the Growing Need for Emergency Roadside Assistance. Gardena, CA, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Polar Power Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA) announced today that it has received an initial purchase order for fifty (50) next-generation model EVMC30K EV mobile chargers (“EVMC30K Chargers”), designed to provide emergency roadside fast-charging for electric vehicles (EVs) that have depleted t ...