Guizhou's Experience in Making "Ecological Value" from "Green Appearance"
Globenewswire· 2025-06-26 05:33
Core Viewpoint - Guiyang is making significant strides in building an eco-civilization, achieving remarkable results in environmental protection and green industry development, while promoting public participation in these efforts [1][5]. Environmental Improvement - In 2024, Guiyang achieved an ambient air quality excellent rate of 99.5%, ranking 4th among 168 key cities in China, with a 100% compliance rate for surface water quality [2]. - All 107 rivers in Guiyang have eliminated inferior V-Class water bodies for the first time, showcasing the city's success in atmospheric and water environment treatment [2]. Technological Advancements - Guanshanhu District has implemented a grid-based monitoring platform utilizing IoT, sensors, drones, and AI for eco-environment quality analysis [3]. - The Pilot Project of A7 Group Catering Oil and Fume has received no complaints since 2025, indicating effective environmental management [3]. Green Industry Development - Guiyang has transformed from a coal-producing township to a tea cultivation hub, promoting ecological and economic development through the cultivation of ancient tea trees [5]. - The tea products from Guiyang are now exported globally, demonstrating the success of this transformation [5]. Community Initiatives - A newly renovated drainage system in Chayuan Village effectively separates rainwater and sewage, improving the living environment for residents [6]. - The Guanshanhu District Eco-Civilization Exhibition Hall serves as a demonstration site for eco-civilization achievements and biodiversity [7]. Public Engagement - Guizhou Qianling Mountain Park, which is free to the public, attracts over 10 million visitors annually, promoting the concept of harmonious coexistence between humans and nature [8]. - Guiyang plans to continue implementing the "Eco-city" strategy, contributing to the construction of eco-civilization in China [8].
DEMIRE increases ESG performance: Company's own CO₂ emissions reduced by 40 percent, smart meter initiative expanded
Globenewswire· 2025-06-26 05:30
Core Insights - DEMIRE Deutsche Mittelstand Real Estate AG has made significant strides in climate protection and sustainable corporate governance, achieving a 40% reduction in CO₂ emissions and expanding ESG data collection to over 76% of its portfolio [1][2][4]. Group 1: ESG Performance and Initiatives - The company has integrated 14 additional properties into its ESG database, enhancing sustainability measure management [2]. - The transition to green electricity is progressing well, with completion expected by Q3 2025 [3]. - DEMIRE has fully offset its remaining CO₂ emissions of 58.9 tons in 2024, following a 40% reduction since 2022 through green energy and low-emission mobility [4]. Group 2: Strategic Development and Future Plans - Despite temporary relief from CSRD reporting requirements, DEMIRE continues to prioritize high ESG standards, emphasizing the economic sense of climate protection [4]. - In 2025, the company plans to further digitalize its portfolio by rolling out smart meters and implementing more green leases to transparently track tenant consumption [5]. - The expansion of charging infrastructure for e-mobility and further technical optimizations of properties are also on the agenda [5]. Group 3: Company Overview and Portfolio - As of March 31, 2025, DEMIRE's real estate portfolio consists of 49 properties with a lettable area of approximately 594,000 square meters, valued at around EUR 1.0 billion [7]. - The portfolio primarily focuses on office properties, supplemented by retail and hotel properties, which aligns with the risk/return structure of the commercial property segment [8]. - The company aims to expand its portfolio significantly in the medium term, focusing on assets with strong FFO potential while strategically divesting non-conforming properties [8].
Reitar Logtech Holdings Limited Initiates Spin-Off of Logistics Automation Unit
Globenewswire· 2025-06-26 05:05
Core Viewpoint - Reitar Logtech Holdings Limited is initiating a spin-off of its logistics automation segment to enhance growth potential and shareholder value, following its acquisition of Jingxing Storage Equipment Engineering [1][2] Group 1: Spin-off Strategy - The spin-off aims to create an independent entity focused on smart warehousing and integrated logistics automation solutions, allowing for greater operational flexibility and innovation [2][3] - This strategic move is expected to attract partnerships and investments, reinforcing Reitar's leadership in the smart logistics industry [3] Group 2: MIS Strategy - Reitar is committed to its "MIS" strategy, which includes Mergers & Acquisitions, Integration, and Spin-offs, to strengthen core operations and maximize capital efficiency [4] - The company plans to continue pursuing acquisitions to integrate resources and develop comprehensive end-to-end solutions within the smart logistics ecosystem [3][4] Group 3: Company Overview - Reitar Logtech, listed on Nasdaq in 2024, specializes in integrated Property-Logistics Technology solutions, focusing on the full lifecycle management of logistics assets [5] - The company utilizes technology to enhance operational efficiency and economic returns, integrating smart warehouse systems and data analytics platforms [5]
TGS Webcast Details for Q2 2025 Presentation
Globenewswire· 2025-06-26 05:00
Group 1 - TGS, a leading global provider of energy data and intelligence, will release its Q2 2025 results on July 17, 2025, at 07:00 a.m. CEST [1] - The presentation of the results will be conducted by CEO Kristian Johansen and CFO Sven Børre Larsen at 09:00 a.m. CEST, and it will be webcasted live [1] - The Q2 2025 earnings release and presentation will be accessible on TGS's official websites [1] Group 2 - TGS provides advanced data and intelligence to companies in the energy sector, utilizing leading-edge technology and solutions across the entire energy value chain [2] - The company offers a comprehensive range of insights to assist clients in making informed decisions, supported by a diverse energy data library [2] - TGS is recognized as a trusted partner in the exploration and production of energy resources globally [2]
Wereldhave strengthens credit profile with inaugural EUPP and new USPP transactions, with combined proceeds of € 125 million
Globenewswire· 2025-06-26 05:00
Core Insights - Wereldhave N.V. has successfully signed its first European Private Placement (EUPP) transaction, securing a €50 million loan with a ten-year tenor, settling on June 27, 2025 [1] - The company also agreed to a new US Private Placement (USPP) transaction of €75 million with a seven-year tenor to refinance maturing notes in the second half of 2025 [2] - Both transactions are unsecured and reflect strong investor confidence in Wereldhave's operations and credit profile, reaffirmed by a BBB stable credit rating from Fitch Ratings in May 2025 [2] Financial Transactions - The EUPP transaction marks a significant diversification of Wereldhave's funding sources, with the addition of Aegon Asset Management as a new investor [4] - The weighted average duration of Wereldhave's debt is extended by almost one year on a pro forma basis due to these transactions [3] - Rabobank acted as the sole placement agent for both the EUPP and USPP transactions [3]
SiTime Corporation Announces Pricing of Follow-on Public Offering
Globenewswire· 2025-06-26 04:20
Group 1 - SiTime Corporation announced a follow-on public offering of 1,750,000 shares at a price of $200.00 per share, expecting gross proceeds of $350 million before expenses [1] - The offering is set to close on June 27, 2025, subject to customary closing conditions [1] - SiTime has granted underwriters a 30-day option to purchase up to 262,500 additional shares at the public offering price [2] Group 2 - UBS Investment Bank and Stifel are the joint lead book-running managers for the offering, with Needham & Company and Goldman Sachs also involved as joint book-running managers [2] - A registration statement for these securities was filed with the U.S. Securities and Exchange Commission on February 26, 2024, and became effective upon filing [3] - The offering is being made only by means of a prospectus supplement and accompanying prospectus [3] Group 3 - SiTime Corporation specializes in precision timing solutions, offering semiconductor MEMS programmable solutions that enhance product performance, size, power efficiency, and reliability [5] - The company has shipped over 3.5 billion devices, indicating a significant impact on the timing industry [5]
Kratos Defense & Security Solutions, Inc. Prices Public Offering of Common Stock
Globenewswire· 2025-06-26 03:14
Core Viewpoint - Kratos Defense & Security Solutions, Inc. has announced an underwritten offering of 12,987,013 shares of common stock at a price of $38.50 per share, aiming to raise approximately $483.75 million in net proceeds for various strategic initiatives [1][2]. Group 1: Offering Details - The offering price is set at $38.50 per share, with expected net proceeds of approximately $483,750,000 after underwriting discounts and commissions [1]. - Kratos has granted underwriters a 30-day option to purchase an additional 1,948,052 shares [1]. - The offering is anticipated to close on June 27, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds will be utilized for investments and capital expenditures to support national security priorities, including existing programs and high-probability pipeline opportunities [2]. - Funds will also be allocated for targeted acquisitions and general corporate purposes, including debt repayment and offering-related expenses [2]. Group 3: Management and Regulatory Information - Baird, RBC Capital Markets, Truist Securities, and Raymond James are acting as joint book-running managers for the offering, with additional co-managers involved [3]. - The offering is conducted under an automatic shelf registration statement filed with the SEC, which became effective on February 21, 2024 [4].
Enthusiast Gaming Announces Annual General Meeting
Globenewswire· 2025-06-26 03:00
Company Overview - Enthusiast Gaming Holdings Inc. is a leading gaming and media company in North America, focusing on connecting video game enthusiasts and esports fans globally [3] - The company operates through five core pillars: creators, content, communities, games, and experiences, providing unique marketing opportunities to engage Gen Z and Millennial audiences [3] Annual General Meeting - The annual general meeting of Enthusiast Gaming is scheduled to be held virtually on September 16, 2025 [1] - The Toronto Stock Exchange has granted an extension for the company to hold its annual general meeting by this date [2] - Meeting materials will be available on the company's profile on SEDAR+ and its website around August 15, 2025 [2]
Optiva Inc. Announces Results of Annual Meeting
Globenewswire· 2025-06-26 02:40
TORONTO, June 25, 2025 (GLOBE NEWSWIRE) -- Optiva Inc. ("Optiva" or the "Company") (TSX:OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, today announced that Patrick DiPietro, Lee Matheson, Simon Parmar, Robert Stabile, Barry Symons, and Birgit Troy were elected to the Company's board of directors (the "Board") at the Company's annual meeting of holders of common shares held earlier today (the "Meeting"). In add ...
Jefferson Capital Announces Pricing of Initial Public Offering
Globenewswire· 2025-06-26 01:56
Core Viewpoint - Jefferson Capital, Inc. has announced the pricing of its initial public offering (IPO) of 10,000,000 shares at $15.00 per share, with a significant portion of shares being offered by existing stockholders [1][2]. Group 1: IPO Details - The IPO consists of 625,000 shares offered by Jefferson Capital and 9,375,000 shares offered by existing stockholders [1]. - Underwriters have a 30-day option to purchase up to 1,500,000 additional shares at the IPO price [1]. - The offering is expected to close on June 27, 2025, subject to customary closing conditions [2]. Group 2: Trading Information - Jefferson Capital's common stock is set to begin trading on the Nasdaq Global Select Market under the ticker symbol "JCAP" on June 26, 2025 [2]. Group 3: Underwriters - Jefferies and Keefe, Bruyette & Woods are acting as joint-lead book-running managers for the offering, with several other firms participating as book-running managers and co-managers [3]. Group 4: Company Background - Jefferson Capital, founded in 2002, specializes in purchasing and managing charged-off and insolvency consumer accounts, operating in multiple countries including the U.S., Canada, the U.K., and Latin America [7]. - The company services both secured and unsecured assets and has a diverse client base that includes Fortune 500 companies, banks, and fintech platforms [7].