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JBDI Holdings Announces Results of Annual General Meeting
Globenewswire· 2025-06-13 12:00
Core Points - JBDI Holdings Limited announced that all proposed resolutions for shareholder approval were adopted at the Annual General Meeting held on June 9, 2025 [1] - The appointment of five directors was ratified at the AGM, along with the approval of YCM CPA Inc. as the independent registered public accounting firm for the fiscal year ending May 31, 2025 [2] Company Overview - JBDI Holdings Limited is a leading provider of environmentally friendly and efficient products and services, focusing on the revitalization, reconditioning, and recycling of drums and related containers in Singapore and Southeast Asia [3] - The company has nearly four decades of industry experience and is known for its quality and reliability, offering a wide range of reconditioned steel and plastic drums, new containers, and ancillary services [3] - JBDI's mission is to help customers achieve a zero environmental impact footprint while optimizing resource allocation and reducing costs [3]
JBDI Holdings Regains Compliance with Nasdaq's Periodic Filing Requirement
Globenewswire· 2025-06-09 20:15
Core Viewpoint - JBDI Holdings Limited has regained compliance with Nasdaq's periodic filing requirements, allowing the company to focus on delivering long-term value to shareholders [1][2]. Company Overview - JBDI Holdings Limited is a leading provider of environmentally friendly and efficient products and services, specializing in the revitalization, reconditioning, and recycling of drums and related containers in Singapore and Southeast Asia [3]. - The company has nearly four decades of industry experience and is known for its quality and reliability, offering a wide range of reconditioned steel and plastic drums, new containers, and ancillary services [3]. - JBDI's mission is to help customers achieve a zero environmental impact footprint while optimizing resource allocation and reducing costs [3]. Recent Developments - On June 5, 2025, JBDI filed its unaudited condensed consolidated financial statements for the six-month periods ended November 30, 2024, and 2023 with the Securities and Exchange Commission [2]. - The CEO, Mr. Lim Chwee Poh, expressed satisfaction in regaining full compliance with Nasdaq's listing requirements, emphasizing the company's focus on shareholder value [2].
JBDI Holdings Regains Compliance with Nasdaq's Minimum Bid Price Requirement
GlobeNewswire News Room· 2025-06-06 13:15
Core Points - JBDI Holdings Limited has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) as of June 3, 2025, after previously failing to maintain a minimum bid price of $1.00 for 30 consecutive business days [1][2] - The company received a deficiency notice from Nasdaq on June 3, 2025, for not filing its interim balance sheet and income statement for the second quarter, thus violating Listing Rule 5250(c)(2) [4] - JBDI Holdings filed its unaudited condensed consolidated financial statements for the six-month periods ended November 30, 2024, and 2023 on June 5, 2025, and intends to notify Nasdaq of this filing to regain compliance with the listing rule [5] Company Overview - JBDI Holdings Limited specializes in environmentally friendly and efficient products and services, focusing on the revitalization, reconditioning, and recycling of drums and related containers in Singapore and Southeast Asia [7] - The company has nearly four decades of industry experience and is recognized for quality and reliability, offering a range of reconditioned steel and plastic drums, new containers, and ancillary services [7] - JBDI's mission is to help customers achieve a zero environmental impact footprint while optimizing resource allocation and reducing costs [7]
Greif Named to Newsweek's 2025 List of Top 100 Global Most Loved Workplaces®
Globenewswire· 2025-05-29 12:30
Greif Named Among 100 Global Companies Recognized for Colleague Sentiment and SatisfactionDELAWARE, Ohio, May 29, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the company has been certified as a Most Loved Workplace® backed by the research and analysis of Best Practice Institute (BPI). The Most Loved Workplace® certification is based on extensive research and analysis by BPI, evaluating factors such as employee satisf ...
JBDI Holdings Limited Announces US$1.0 Million Share Repurchase Program
GlobeNewswire News Room· 2025-05-05 21:00
Company Overview - JBDI Holdings Limited is a leading provider of environmentally friendly and efficient products and services, specializing in the revitalization, reconditioning, and recycling of drums and related containers in Singapore and Southeast Asia [3] - The company has nearly four decades of industry experience and has established a strong reputation for quality and reliability, offering a wide range of reconditioned steel and plastic drums, new containers, and ancillary services [3] - JBDI's mission is to help customers achieve a zero environmental impact footprint while optimizing resource allocation and reducing costs [3] Share Repurchase Program - The board of directors of JBDI has approved a share repurchase program, allowing the company to repurchase up to US$1.0 million worth of its ordinary shares [1] - Proposed repurchases may occur on the open market at prevailing market prices, in privately negotiated transactions, in block trades, and through other legally permissible means, depending on market conditions [2] - The board will periodically review the share repurchase program and may authorize adjustments to its terms and size [2]
Greif Honored as Stevie® Award Winner in 2025 American Business Awards®
Globenewswire· 2025-04-25 12:00
DELAWARE, Ohio, April 25, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it has been recognized with a Gold and Silver Stevie® Award in the Management - Manufacturing category of the Annual American Business Awards®. Ole Rosgaard, President and CEO of Greif, was awarded with a Gold Stevie Award for Achievement in Management – Manufacturing, and Greif was awarded with a Silver Stevie Award for Company of the Year - Large ...