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An Ancient Rhythm for Modern Times | Shivam Dhol Tasha Pathak | TEDxPlano
TEDx Talks· 2025-07-08 16:25
Heat. Heat. [Applause] Heat. [Applause] Heat.Namaste Plano. Welcome everyone. You just heard amazing sound and heartp pumping sound of doul tasha or drums and snares that you can see.This is the true spirit of our discipline, tradition and teamwork. And I guess what a way to end this session act one on a very high energy and trust me at the end we're going to relive you with a really high energy. Hello Beno namaste.I am Nikil and his harish. We are two of the co-founders of Shivam do tasa. Um this uh we uh ...
JBDI Holdings Announces Results of Annual General Meeting
Globenewswire· 2025-06-13 12:00
SINGAPORE, June 13, 2025 (GLOBE NEWSWIRE) -- JBDI Holdings Limited (“JBDI” or the “Company”) (Nasdaq: JBDI), a Singapore-based company, today announced that all the proposed resolutions submitted for shareholder approval set out in the notice of its Annual General Meeting (“AGM”) were duly adopted at the meeting held on June 9, 2025, at the Company’s offices located at 34 Gul Crescent, Singapore 629538. Appointment of Board of Directors At the AGM, shareholders approved and ratified the appointment of follo ...
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]
Heritage Distilling Company Advances Strategic Crypto Initiatives
Globenewswire· 2025-06-05 17:38
Board adopts cryptocurrency reserve policy as part of treasury diversification Bitcoin Bourbon™ pre-launch and giveaway contest unveiledFinTech veteran Matt Swann appointed to Board of DirectorsRedefines CPG Sector to “Crypto Product Goods” GIG HARBOR, Wash., June 05, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (NASDAQ: CASK), North America's most awarded craft distillery, is pioneering a new category: Crypto Product Goods (CPG). This marks a shift from traditional consumer packaged ...
Greif Reports Fiscal Second Quarter 2025 Results
Globenewswire· 2025-06-04 20:03
Core Insights - Greif, Inc. reported strong fiscal second quarter 2025 results, demonstrating resilience and strategic progress under its "Build to Last" strategy, with a focus on cost reductions and operational discipline [4][5][23]. Financial Highlights - Net income increased by 6.5% to $47.3 million, or $0.82 per diluted Class A share, compared to $44.4 million, or $0.77 per diluted Class A share in the prior year [5]. - Adjusted EBITDA rose by 26.0% to $213.9 million from $169.7 million [5]. - Net cash provided by operating activities increased by $48.9 million to $136.4 million [5]. - Total debt decreased by $140.9 million to $2,775.2 million, with net debt down by $197.6 million to $2,522.5 million [5]. Segment Performance - Customized Polymer Solutions saw net sales increase by $43.7 million to $329.3 million, primarily due to contributions from recent acquisitions [11]. - Durable Metal Solutions experienced a net sales decrease of $34.8 million to $378.9 million, attributed to lower volumes and selling prices [13]. - Sustainable Fiber Solutions reported a net sales increase of $19.0 million to $599.1 million, driven by higher containerboard and boxboard prices [16]. - Integrated Solutions faced a net sales decline of $13.2 million to $78.4 million, mainly due to the divestiture of Delta Petroleum Company [19]. Cost Optimization and Strategic Actions - The company achieved $10.0 million in run-rate savings from its cost optimization program and expects to reach $15.0 million to $25.0 million by the end of fiscal year 2025 [5]. - Greif is progressing on the sale of its timberland business, anticipating using the proceeds for further debt reduction [5]. Tax and Dividend Information - The income tax rate for the quarter was 35.5%, with an expected range of 27.0% to 32.0% for fiscal 2025 [21]. - The Board of Directors declared quarterly cash dividends of $0.54 per share of Class A Common Stock and $0.81 per share of Class B Common Stock, payable on July 1, 2025 [22]. Company Outlook - The company acknowledges a multi-year period of industrial contraction with no compelling demand inflection identified, but remains positioned for a potential recovery in the industrial economy [23]. - Fiscal 2025 low-end guidance for Adjusted EBITDA is raised to $725 million and for adjusted free cash flow to $280 million [24].
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 ...
Heritage Distilling Implements Cryptocurrency Treasury Policy
Globenewswire· 2025-05-15 20:15
Core Viewpoint - Heritage Distilling Holding Company aims to lead the craft spirits e-commerce sector by accepting Bitcoin and Dogecoin as payment and holding them as strategic assets [1][2][3] Group 1: Cryptocurrency Policy - The Cryptocurrency Policy allows Heritage to accept Bitcoin and Dogecoin for products and services through its direct-to-consumer e-commerce platform [1][2] - The policy is based on the belief that Bitcoin is a long-term strategic asset, while Dogecoin is gaining popularity for transactions due to its substantial user base [2] - Estimates suggest that between 65 to 86 million Americans hold Bitcoin, and approximately 83 million wallets hold Dogecoin, presenting a growing opportunity for Heritage [2] Group 2: Leadership and Innovation - Matt Swann, chair of the Board's Technology and Cryptocurrency Committee, emphasizes the potential of cryptocurrencies to reduce friction in commerce [3] - CEO Justin Stiefel highlights Heritage's innovative approach in the craft spirits space by preparing to accept cryptocurrencies and leveraging them as assets [3] - The company expects that acceptable margins between retail prices and production costs will mitigate potential volatility in cryptocurrency values [3] Group 3: Company Background - Heritage Distilling is recognized as one of the premier independent craft distilleries in the U.S., offering a diverse range of spirits and has been awarded multiple accolades [4] - The company is expanding its presence nationwide through various sales channels, including e-commerce and a unique collaboration with Native American tribes known as the Tribal Beverage Network [4] - This initiative aims to create economic and social benefits for tribal communities while enhancing Heritage's commitment to innovation and sustainable growth [4]
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]
Heritage Distilling Co. Regains Compliance with Nasdaq Listing Rules After Receiving Notice of Non-Compliance
Globenewswire· 2025-04-28 20:30
Compliance with Nasdaq - Heritage Distilling Holding Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its 2024 Annual Report on Form 10-K on April 28, 2025 [1][2] - Nasdaq staff confirmed that no further action is required from the company regarding this compliance matter [2] Company Overview - Heritage Distilling is a leading independent craft distillery in the United States, offering a variety of spirits including whiskeys, vodkas, gins, rums, and ready-to-drink cocktails [3] - The company has been recognized as North America's most awarded craft distillery for ten consecutive years by the American Distilling Institute [3] - Heritage is one of the largest craft spirits producers on the West Coast by revenue and is expanding its presence nationwide through various sales channels, including wholesale, on-premises venues, e-commerce, and the Tribal Beverage Network (TBN) [3] - The TBN initiative collaborates with Native American tribes to develop Heritage-branded distilleries and unique tribal brands, creating economic and social benefits for participating tribes [3]