PRESS RELEASE Arcadis 2025 Extraordinary General Meeting Arcadis’ shareholders appoint Robert Swaak to the Supervisory Board Amsterdam, 10 July 2025 – Arcadis (EURONEXT: ARCAD), the world’s leading company in delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets, confirms that its shareholders appointed Robert Swaak to the company’s Supervisory Board for a four-year term. Robert Swaak will serve a four-year term, continuing through the 2029 annual Ge ...

PRESS RELEASE Arcadis 2025 Extraordinary General Meeting Arcadis’ shareholders appoint Robert Swaak to the Supervisory Board Amsterdam, 10 July 2025 – Arcadis (EURONEXT: ARCAD), the world’s leading company in delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets, confirms that its shareholders appointed Robert Swaak to the company’s Supervisory Board for a four-year term. Robert Swaak will serve a four-year term, continuing through the 2029 annual Ge ...

Core Viewpoint - Ten-League International Holdings Limited successfully closed its initial public offering, raising a total of US$6,431,360 by offering 2,240,000 ordinary shares at a price of US$4.00 per share, with trading commencing on the Nasdaq Capital Market under the ticker symbol "TLIH" [1][2]. Group 1: Offering Details - The offering consisted of 2,240,000 ordinary shares, with 1,607,840 shares offered by the Company and 632,160 shares by selling shareholders [1]. - The Company received gross proceeds of US$6,431,360 from the offering before deducting underwriting discounts and other expenses [1]. - Bancroft Capital, LLC acted as the sole underwriter for the offering, which was conducted on a firm commitment basis [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated for several purposes, including expanding the Company's product offerings, improving automation processes, investing in equipment and technology, and pursuing strategic acquisitions [2]. - Additional uses of the proceeds include marketing and brand building, repayment of bank borrowing, and general working capital [2]. Group 3: Company Overview - Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions, primarily engaged in the sales and rental of heavy equipment, as well as engineering consultancy services for various industries [5]. - The Company's equipment is categorized into four types: foundation equipment, hoist equipment, excavation equipment, and port machinery [5]. - The mission of the Company is to deliver high-quality equipment and value-added engineering solutions while continuously adapting to new technologies [5].

KUALA LUMPUR, Malaysia, July 07, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, is pleased to announce the appointment of Mr. Alex S K Chua as Executive Director of VCIG and Chief Executive Officer of VCIG Singapore Office, effective July 7, 2025. Mr. Chua has resigned from his role as Independent Director and has ...

Hong Kong’s rebound in home sales is likely to continue through the second half, helping developers run down inventories built up during the market slump, according to real estate consultancy CBRE https://t.co/xHlwVCdvEw ...

NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) -- Enigmatig Limited (NYSE American: EGG) ("Enigmatig" or the "Company"), an international consultancy firm providing one-stop cross-border licensing solutions and related services, today announced that it has completed its previously announced initial public offering (the "IPO") and the sole bookrunner, on behalf of the underwriters, has exercised the over-allotment opinion in part to purchase an additional 160,000 shares of common stock from the Company at the IPO ...

Core Viewpoint - The Company reported a decline in net asset value (NAV) and total return for the six months ending March 31, 2025, reflecting challenging market conditions and investment performance [3][4][13]. Financial Highlights - NAV per share decreased from 40.55p to 34.48p, representing a total return of -8.19% [4][13]. - Market capitalization fell from £150.60 million to £124.25 million [4]. - Share price also declined from 42.20p to 33.80p, with a share price discount to NAV per share of 1.97% [4]. - Dividends paid per share increased from 1.50p to 2.75p during the period [4][6]. Investment Activity - The Company invested £3.6 million in qualifying companies during the period, maintaining 92.29% of its portfolio in qualifying investments [6][30]. - An offer for subscription launched on October 9, 2024, aimed to raise up to £20 million, with £5.4 million raised by issuing 14 million shares [6][31]. Performance of Qualifying Investments - Positive contributors included Aquis Exchange (+95.8%, +£1.71 million) and Cohort (+26.1%, +£1.12 million) due to increased defense spending [15][16]. - Negative contributors included Kidly (-100.00%, -£1.26 million) which went into administration, and Zoo Digital (-74.3%, -£1.14 million) which issued a disappointing trading update [20][21]. Non-Qualifying Investments - The non-qualifying portfolio saw a decline of £1.27 million, with notable losses in WH Smith and Hollywood Bowl due to a weaker economic outlook [27][28]. - The fixed income portfolio returned +£0.35 million, offsetting some losses from direct equities [29]. Market Outlook - The UK economy is expected to see a modest GDP growth of +1.0% in 2025, supported by increased public spending despite inflation concerns [10][39]. - The AIM index has shown resilience post 'Liberation Day', indicating potential growth opportunities despite ongoing market volatility [12][40]. Portfolio Structure - The Company maintained a strong liquidity position with net cash of £11.7 million and a focus on recurring revenue, which represented 82% of total revenue [26][29]. - The portfolio's weighting to qualifying investments increased to 58.4%, while cash weighting decreased to 7.6% [36].

Targets 41% Revenue Growth, 30% Profit Growth, and a Q3 2025 IPO of Its Capital Markets SubsidiaryKUALA LUMPUR, Malaysia, June 03, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, today announced its financial guidance for the fiscal year ending December 31, 2025. For 2025, the Company projects approximately 41% yea ...

Core Viewpoint - Booz Allen Hamilton's shares have experienced significant volatility following a downgrade by Goldman Sachs, reflecting concerns over medium-term earnings growth and revenue projections [1][2][3] Group 1: Stock Performance - Shares of Booz Allen Hamilton fell by as much as 4.9% before recovering slightly to a 4% decline [1] - The stock had previously sold off by a double-digit percentage after the fiscal-fourth-quarter earnings release [1] Group 2: Analyst Downgrade - Goldman Sachs downgraded Booz Allen Hamilton from neutral to sell, lowering the price target from $108 to $94 [2] - The current stock price is noted at $104.75 [2] Group 3: Earnings Growth Outlook - Goldman Sachs analysts project medium-term earnings growth for Booz Allen as "flat," with revenue growth expected between 0% and 4% for fiscal 2026, down from 12.4% last year [3] - Adjusted earnings are projected to be in the range of $6.20 to $6.55, compared to $6.35 last year [3] Group 4: Long-term Growth Potential - Despite short-term challenges, there is a high likelihood that Booz Allen's growth will resume after this year, particularly if the civil business stabilizes [6][7] - The defense and intelligence sectors, which account for 65% of revenue, are expected to grow in double digits, supporting overall company growth [6] - Historically, Booz Allen has achieved an 11.7% organic growth rate over the past three years [6] - If growth resumes, the P/E multiple could return to the low-20s, which has been the average over the past decade [7]

Arcadis nominates Robert Swaak to its Supervisory Board Amsterdam, 28 May 2025 - Arcadis (EURONEXT: ARCAD), the leading global Design & Consultancy organization for natural and built assets, nominates Robert Swaak for appointment to the company’s Supervisory Board for a four-year term. The Supervisory Board is submitting a non-binding nomination for the appointment of Robert Swaak as member of the Supervisory Board at the extraordinary General Meeting to be held on 10 July 2025. If appointed, Robert will su ...