Saturday 30 September 2017

TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION ADDS NEW THREE-PHASE BRUSHLESS FAN MOTOR CONTROLLER IC ALLOWING EASY SWITCHING TO MULTIPOLAR MOTOR

TOKYO, Sept 29 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (TDSC) today announced the launch of “TB67B054FTG,” a new three-phase brushless fan motor controller IC for home appliances, such as air conditioners and air purifiers, that realizes high efficiency drive and noise reduction. Mass production will start in November, 2017.

Today’s motor rotors are multi-polarized, since higher motor driving efficiency and noise reduction are required for fan motors used air conditioners, air purifiers and other in home appliances. Conventionally, motor control is carried out by a microcontroller and an 8-pole rotor and a rotation-control signal that outputs 3 pulses a cycle.

http://mrem.bernama.com/viewsm.php?idm=30185

CALVIN KLEIN, INC. ANNOUNCES THE OPENING OF MULTI-BRAND LIFESTYLE STORES IN SHANGHAI AND DÜSSELDORF

NEW YORK, Sept 29 (Bernama-BUSINESS WIRE) -- Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. [NYSE: PVH], today announced the opening of new CALVIN KLEIN multi-brand lifestyle stores in Shanghai, China and Düsseldorf, Germany. Each store is a flagship and features the brand’s latest retail design concepts.

The 6,000 square foot, two-story Shanghai store is located in Raffles City and offers men’s and women’s CK Calvin Klein, CALVIN KLEIN JEANS, CALVIN KLEIN UNDERWEAR and CALVIN KLEIN PERFORMANCE apparel and accessories. The new store in Düsseldorf is located on Königsallee Boulevard and spans three floors and over 3,500 square feet, and offers men’s and women’s Calvin Klein sportswear and accessories, CALVIN KLEIN JEANS, CALVIN KLEIN UNDERWEAR and CALVIN KLEIN SWIMWEAR.

http://mrem.bernama.com/viewsm.php?idm=30179

Friday 29 September 2017

ALIPAY PROMOTES SMART TOURISM WITH GLOBAL PARTNERS

HANGZHOU, China, Sept 29 (Bernama-GLOBE NEWSWIRE) -- Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group (“Ant Financial”, “Ant”), recently announced an upgraded smart outbound tourist service platform at a meeting of ecosystem partners from over 20 countries and territories in Beijing.
 
The platform connects Chinese tourists with merchants, airports, travel agencies and other Alipay partners, giving users access to intuitive local offers and services, and merchants the ability to target potential clients.

http://mrem.bernama.com/viewsm.php?idm=30187

​SKYBOX SECURITY ANNOUNCES THREAT-CENTRIC VULNERABILITY MANAGEMENT FOR VIRTUAL AND CLOUD NETWORKS

​SKYBOX SECURITY ANNOUNCES THREAT-CENTRIC VULNERABILITY MANAGEMENT FOR VIRTUAL AND CLOUD NETWORKS

SIGMA DESIGNS MAKES SECURE INTEROPERABILITY EASY WITH Z-WAVE SMARTSTART

SmartStart is a brand-new way to automatically create and configure Z-Wave Networks for instant device installation success

FREMONT, Calif., Sept 28 (Bernama-GLOBE NEWSWIRE) -- Sigma Designs® (NASDAQ:SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for smart TV and Internet of Things (IoT) for smart home, today announces the availability of Z-Wave SmartStart, comprising the new Z-Wave protocol and Z-Wave gateway software layers, which together greatly improve installation and enable uniform out-of-the-box set-up of Z-Wave smart home devices. Z-Wave SmartStart pre-configures devices to the network before they reach the home, dramatically reducing installation time, and thereby costs, to maximize return on investment (ROI) for installers and remove difficulty of DIY installations for homeowners.

SmartStart simplifies installation of Z-Wave devices and solves the industry's barriers to adoption including user error, integration complexity, and product returns due to faulty install. For service providers, SmartStart reduces the time technicians spend in each home, which is critical to maximizing ROI and reaching more customers. Smart home installations typically require a technician to spend several hours validating component functionality, integrating products, and configuring scenes, rules, and scripts prior to setting up devices. With Z-Wave SmartStart, pre-configuration can enable the following benefits:
http://mrem.bernama.com/viewsm.php?idm=30171

AVATAR DIRECTOR JAMES CAMERON INVESTS IN VERDIENT FOODS AND CANADIAN ORGANIC FARMING INDUSTRY

Launching today is the Camerons’ Verdient Foods Inc., whose goal is to become the largest organic pea protein fractionation facility in North America
 
SASKATOON, Saskatchewan, Sept 29 (Bernama-BUSINESS WIRE) -- Oscar-winning film director James Cameron and his wife Suzy Amis Cameron announced today the formation of Verdient Foods Inc. On September 18th, 2017, Verdient Foods opened a new pulse food processing facility in Vanscoy, Saskatchewan, near the province’s largest city, Saskatoon. Once fully operational, the 160,000 metric-ton facility will become the largest organic pea protein fractionation facility in North America.
 
The Camerons are dedicated to working with Saskatchewan farmers in a mentorship program to provide a profitable structure to keep younger generations of Canadian farmers engaged in organic farming. James Cameron said, “We are working with Saskatchewan farmers through the Verdient Foods processing facility and Saskatoon’s Food Centre to integrate food production with new value-added products.”

http://mrem.bernama.com/viewsm.php?idm=30178

Thursday 28 September 2017

A.M. BEST AFFIRMS CREDIT RATINGS OF LONPAC INSURANCE BHD

SINGAPORE, Sept 28 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Lonpac Insurance Bhd (Lonpac) (Malaysia). The outlook of these Credit Ratings (ratings) is positive.

The rating affirmations reflect Lonpac’s strong risk-adjusted capitalization and very strong track record of operating performance. The company’s risk-adjusted capitalization is supported by a consistent and strong internal capital generation ability that has kept its underwriting leverage low. Lonpac generates one of the highest underwriting margins in Malaysia’s non-life market, and its performance has been very strong compared with its peers based on variety of measures.

http://mrem.bernama.com/viewsm.php?idm=30166

​PIANIST ARASH BEHZADI RELEASES NEW ALBUM 'ELSEWHERE'

A Pianist with a Healing Touch

Toronto, ON, Sept 27 (Bernama-GLOBE NEWSWIRE) -- Personal loss, yearning, passionate love, heartache, prescient dreams and healing journeys are central to the powerful musical narratives in pianist/composer Arash Behzadi’s newest album, Elsewhere, which will be released October 27th 12 a.m. EST.

Click here to preview Arash Behzadi’s new album Elsewhere.*

Arash Behzadi’s solo piano compositions are musical narratives that reflect the trials and triumphs of life through deeply personal stories and transformational experiences which he invites his audience to share. Elsewhere is reflective of the gamut of human experience and emotion. It’s about the drama of life.

“I feel that my music is universal and timeless,” Behzadi says. “It never ages. And because of that people feel an instant connection. It speaks to people of all ages. It opens up emotions and it heals.”

In a series of recent visits to Bali, Behzadi found an unexpected inner peace and tranquillity in the timeless island’s ancient sacred temples and its gentle people.

His own personal transformation has inspired him to share his passion for the healing powers of music which we see reflected in pieces on the album such as “Heartfelt,” an intensely personal composition, peaceful yet powerful, exposing a touching vulnerability yet confident in its execution. Other pieces were designed to bring about the healing of relationships and reunite people who had grown apart.

Because the piano has the capacity to mirror human experience in all its complexities, from moments of profound sadness and loss to exhilaration and new beginnings, Behzadi envisions his compositions serving at many levels - from movie scores to beneficial and creative adjuncts to the work of physicians and therapists and live yoga meditation.

Behzadi is an exciting new Persian-Canadian talent, a New Age pianist/composer with a global audience. He has performed worldwide including the renowned Bali Spirit Festival, in Geneva, New York, Dubai and at the 2015 Pan Am Games as well as the Tirgan Festival in Toronto. Elsewhere is his second album following the successful release of With Closed Eyes along with several music videos filmed in Bali, Geneva, Florida, Northern Ontario and Toronto, all of which can be viewed on his website.

arashbehzadi.com

Facebook / Instagram / Spotify

*We ask for the link not to be shared with the general public until the release date. The link is for media purposes only.
 
Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/706ce19f-66ff-49dd-aa65-bd8f5eb71ab6

Attachments:

http://www.globenewswire.com/NewsRoom/AttachmentNg/00aa85ed-fb3d-402a-ab32-a5072cbf1389

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/fc0435da-9120-472f-9926-2cc4ee85cad5

Karina Cortez
Arash Behzadi
416-900-4111
pr@arashbehzadi.com

Source : Arash Behzadi

--BERNAMA

SEB AND NASDAQ TO BUILD BLOCKCHAIN FOR SWEDISH MUTUAL FUND MARKET

STOCKHOLM, Sweden, Sept 27 (Bernama-GLOBE NEWSWIRE) -- SEB, the Nordic financial services group, and Nasdaq, Inc. (Nasdaq:NDAQ) have announced a joint project to test a developed prototype for a  mutual fund trading platform based on blockchain technology. The aim is to increase efficiency in the processing of purchases and sales of fund units and to create a unit ledger – an area which today is largely characterized by manual routines, long settlement cycles and paper driven processes.

“With the help of a blockchain we can create a faster, simpler, more effective and reliable fund market,” said Göran Fors, acting head of Investor Services at SEB. “Funds are increasingly important for our clients and it is with great pleasure that we can announce this important project together with Nasdaq.”

“By leveraging blockchain technology there is strong potential for improvement via digitalization that can reduce manual work, create a faster process and reduce the risk for errors,” said Magnus Haglind, SVP & Head of Product Management, Market Technology, Nasdaq. “This development will look to benefit the fund market and, in the end, also the individual investors through faster response from purchases and sales.”

The concept of the project indicates that, by subscribing to a private blockchain, the various market participants—fund companies, distributors and others—will be able to share a distributed database in which all transactions and changes are registered among all participants in real-time. The cooperation agreement entails that SEB and Nasdaq will continue to develop the technology with the end goal of creating a working prototype, which will be based on the Chain.com blockchain ledger. In addition, the two parties have opened a channel for collaboration with additional interested parties on building a uniformed market infrastructure for Sweden’s fund market.

In contrast to the equities market, which relies on a Central Securities Depository (CSD), the Swedish fund market lacks a central, primary point for registering holdings. This means that the administration of purchases and sales of fund units are handled through an intermediary or directly with each executing party. Since a chain can consist of many links – for example, when a customer via a Swedish bank buys units in a foreign fund company – a relatively large administrative process arises. This is handled today through a combination of different technical solutions, including orders placed by paper driven processes and follow-up phone calls.

Nasdaq’s market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.

About Nasdaq

Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit: http://business.nasdaq.com

About SEB

SEB is a leading Nordic financial services group with a strong belief that entrepreneurial minds and innovative companies are key in creating a better world. SEB takes a long term perspective and supports its customers in good times and bad.  In Sweden and the Baltic countries, SEB offers financial advice and a wide range of financial services. In Denmark, Finland, Norway and Germany the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in its presence in some 20 countries worldwide. At 30 June 2017, the Group's total assets amounted to SEK 2,777 billion while its assets under management totaled SEK 1,835 billion. The Group has around 15,000 employees. Read more about SEB at www.sebgroup.com

For Media Inquiries:

Nasdaq

Ryan Wells (International Media)
ryan.wells@nasdaq.com
Mobile:  +44 (0) 7809 596 390

Ulrika Andersson  (Swedish Media)
ulrika.andersson@nasdaq.com
Mobile:  +46734496852

David Augustsson (Swedish Media)
david.augustsson@nasdaq.com
Mobile: +46734496135

SEB

Frank Hojem, Head of Media Relations
frank.hojem@seb.se
Mobile: +46707639947

- NDAQG -

Source : NASDAQ, Inc.

--BERNAMA

3 MILLION REUSABLE BAGS GIVEN TO CONSUMERS IN 2017 TO SLOW THE PLASTIC TIDE

Giant's 3 Million Reusable Bags Giveaway encourage change of habits for a sustainable future Available in several eye-catching colours, Giant's reusable bags inspires changed habits with cool alternative to plastic bags!

Part of ‘Giant’s 1 Million Reusable Bags Giveaway’ nationwide campaign

KUALA LUMPUR, Sept 27 (Bernama) -- It’s quite easy to picture a row of children proudly waving the Jalur Gemilang during our Merdeka celebrations, or hundreds of Malaysians singing Negaraku at the annual Independence Day parade. 
 
Now, try to imagine five trillion plastic bags lining the ground of our beloved Mother Earth. You may be surprised but, yes, five trillion plastic bags, or about 160,000 bags a second, are used worldwide every year. 
 
In Malaysia, while there are no accurate figures, the Malaysian Plastics Manufacturers Association estimates that the average citizen uses 300 plastic bags a year. Based on a population of 30 million, this totals up to nine billion bags being consumed, and thrown away, annually.
 
Our plastic consumption leaches chemicals and toxins into surrounding ecosystems, clogs up every square kilometer of ocean, threatens human and animal populations, and when incinerated, releases greenhouse gases into the environment. Plastic bags also take hundreds of years to decompose and add to the waste accumulated in landfills and natural habitats.
 
“Plastic bags are easily available, but the next time you use one, consider their impact on the environment and the future,” said Mr. I.S. Shanmugaraj, Executive Director, Malaysian Nature Society. “There are alternatives to plastic bags, but most of us are so conditioned to using plastic that we fail to see other sustainable solutions that reduce littering, offer increased recycling capacities and that conserve, not destroy, our surroundings.”
 
Getting families to lead the way 
One organisation committed to reducing the usage of plastic bags nationwide is Giant, the country’s leading retail chain. As a household name, Giant is doing their part to instill increased environmental consciousness by spearheading a campaign that supports the country’s green focus and highlights the damage caused by plastic bags on our surroundings.
 
While some consumers are trying to reduce the use of plastic bags, thanks to encouragement by the government and private sector, Giant’s 1 Million Reusable Bags Giveaway will further help parents instill environmentally-conscious values in their children and nurture a sustainable Mother Earth for both current and future generations. 
 
Implemented nationwide even though only some states adhere to the no-plastic ruling, Giant’s 1 Million Reusable Bags Giveaway is built on 4 simple yet impactful actions:  
- Place a Reusable Bag in the hands of customers 
Reinforce the message that there are better alternatives to plastic bags 
Replace millions of plastic bags with a much-reduced number of reusable ones 
Drive a sustainable change of habit
 
The first wave of the Giant 1 Million Reusable Bags Giveaway met with an overwhelming response during the recent Hari Raya when 1 million reusable bags were given away to customers.  
 
Now, the Giant 1 Million Reusable Bags Giveaway enters its second phase with another 1 million reusable bags to be given away in conjunction with the Merdeka celebrations. Shoppers can look forward to carry their groceries in bags that reflect the colours of the national flag – red, blue and white.
 
Giant will close the year by giving out another 1 million reusable bags, bringing the total to 3 million reusable bags being placed in the hands of consumer in 2017 alone; all with a view to drive positive change.
 
Devoted to making a difference 
While Giant is popularly known to Malaysians as a family hypermarket synonymous with low prices and great value, the Giant 1 Million Reusable Bags Giveaway unites both the company and its customers for a common good - to reduce the use of plastic bags!
 
To further strengthen this ‘corporate and community partnership’, Giant is also collaborating with the Ministry of Domestic Trade, Cooperatives and Consumerism. The ministry supports the hypermarket’s objective to channel funds from the sale of plastic bags on ‘No Plastic’ days towards green programmes, including Giant’s own “Sentuhan Hijau” (Green Touch) campaign.
 
While a million reusable bags may seem like a small figure compared to the estimated nine billion plastic bags Malaysians use annually, Giant is positive that this initiative will lead to both a change of consumer mindset and see hundreds of millions of plastic bags placed out of commission. 
 
Giant – Championing a Greener Environment with Reusable Bags! 


About GCH Retail (Malaysia) Sdn Bhd 
 
GCH Retail (Malaysia) Sdn. Bhd., manager of Giant hypermarkets and supermarkets, Cold Storage, Mercato and Jasons Food Hall premium grocery outlets is a subsidiary of Dairy Farm International. Continuously keeping abreast of the latest market trends, GCH focuses on offering customers a modern retail experience complete with a wide array of products and produce, ranging from quality value selections to premium and exclusive offerings. GCH currently operates 141 stores in Peninsular Malaysia and in Sabah & Sarawak. It employs over 9,000 employees and will continue to expand to maintain its leadership position.

Source : GCH Retail (Malaysia) Sdn Bhd  

3 MILLION REUSABLE BAGS GIVEN TO CONSUMERS IN 2017 TO SLOW THE PLASTIC TIDE

Part of ‘Giant’s 1 Million Reusable Bags Giveaway’ nationwide campaign

KUALA LUMPUR, Sept 27 (Bernama) -- It’s quite easy to picture a row of children proudly waving the Jalur Gemilang during our Merdeka celebrations, or hundreds of Malaysians singing Negaraku at the annual Independence Day parade. 

Giant's 3 Million Reusable Bags Giveaway encourage change of habits for a sustainable future Available in several eye-catching colours, Giant's reusable bags inspires changed habits with cool alternative to plastic bags!

Now, try to imagine five trillion plastic bags lining the ground of our beloved Mother Earth. You may be surprised but, yes, five trillion plastic bags, or about 160,000 bags a second, are used worldwide every year. 
 
In Malaysia, while there are no accurate figures, the Malaysian Plastics Manufacturers Association estimates that the average citizen uses 300 plastic bags a year. Based on a population of 30 million, this totals up to nine billion bags being consumed, and thrown away, annually.
 
Our plastic consumption leaches chemicals and toxins into surrounding ecosystems, clogs up every square kilometer of ocean, threatens human and animal populations, and when incinerated, releases greenhouse gases into the environment. Plastic bags also take hundreds of years to decompose and add to the waste accumulated in landfills and natural habitats.
 
“Plastic bags are easily available, but the next time you use one, consider their impact on the environment and the future,” said Mr. I.S. Shanmugaraj, Executive Director, Malaysian Nature Society. “There are alternatives to plastic bags, but most of us are so conditioned to using plastic that we fail to see other sustainable solutions that reduce littering, offer increased recycling capacities and that conserve, not destroy, our surroundings.”
 
Getting families to lead the way 
One organisation committed to reducing the usage of plastic bags nationwide is Giant, the country’s leading retail chain. As a household name, Giant is doing their part to instill increased environmental consciousness by spearheading a campaign that supports the country’s green focus and highlights the damage caused by plastic bags on our surroundings.
 
While some consumers are trying to reduce the use of plastic bags, thanks to encouragement by the government and private sector, Giant’s 1 Million Reusable Bags Giveaway will further help parents instill environmentally-conscious values in their children and nurture a sustainable Mother Earth for both current and future generations. 
 
Implemented nationwide even though only some states adhere to the no-plastic ruling, Giant’s 1 Million Reusable Bags Giveaway is built on 4 simple yet impactful actions:   

- Place a Reusable Bag in the hands of customers 
Reinforce the message that there are better alternatives to plastic bags 
Replace millions of plastic bags with a much-reduced number of reusable ones 
Drive a sustainable change of habit 

http://mrem.bernama.com/viewsm.php?idm=30162

Wednesday 27 September 2017

ARKADIN ANNOUNCES NEW MANAGED SERVICES FOR OFFICE 365 TO ENABLE BUSINESSES TO SUCCESSFULLY IMPLEMENT MICROSOFT CLOUD VOICE

Proven Microsoft-certified services empower the organizational change required to drive adoption of Microsoft’s cloud UC suite

SINGAPORE, Sept 27 (Bernama-GLOBE NEWSWIRE) -- Arkadin, an NTT Communications company and market leader in cloud communications, including Unified Communications and Collaboration services, has rolled out comprehensive capabilities to enable global clients to successfully transition to Microsoft’s cloud UC suite. Arkadin Managed Services (AMS) for O365 provides real time support for Microsoft cloud voice, online meetings, Meeting Broadcast and advanced voice requirements (in both Skype for Business and Microsoft Teams). Arkadin’s proven 360-degree methodology ensures high levels of adoption and productivity for customers in their Microsoft workplace transformation journey.

http://mrem.bernama.com/viewsm.php?idm=30156


HYPERBIT ANNOUNCED AS WORLDWIDE RETAIL PARTNER FOR L21 LITECOIN MINER

HONG KONG, Sept. 27, 2017/Medianet International-AsiaNet/ --
 
Block Assets Limited (http://www.blockassets.io/) trading as HyperBit (http://www.hyperbitshop.io/), a Hong Kong based company for the emerging crypto-currency market, has been appointed as the worldwide distribution partner for Bewang Electronic Commerce Company Limited (BW) to exclusively sell the World's Fastest Application Specific Integrated Circuit (ASIC) Scrypt Miner for Litecoin, the L21, to its customers globally via its online store.
  
Trading online as HyperBit Shop, the retail website has been launched to the world today and for the first time crypto-currency "miners" will be able to order the L21 Miner for Litecoin in any quantity. The manufacturer, BW has previously limited the sale of the L21 to major mining companies, with large minimum order quantities required.

http://mrem.bernama.com/viewsm.php?idm=30157

Tuesday 26 September 2017

TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION'S 300MA SMALL LDO REGULATOR ICS COMBINE LOW QUIESCENT BIAS CURRENT WITH HIGH RIPPLE REJECTION RATIO AND FAST LOAD TRANSIENT RESPONSE

TOKYO, Sept 26 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (TDSC) has released the “TCR3UG” series of small package, low-dropout (LDO) regulators with an output current of 300mA, that are suitable for power management of IoT modules, wearable devices and smartphones. Shipment of the first products in the series starts today, and other will follow in turn.

The quiescent bias current of an LDO regulator is the result of a trade-off between its ripple rejection ratio and load transient response. The TCR3UG series regulators deliver the industry’s best trade-offs between these characteristics[1]. They also deliver various protection features, such as thermal shutdown, overcurrent protection and inrush current suppression. Housed in the industry-leading small WCSP4F package[1], which measures 0.645mm x 0.645mm (typ.), t=0.33mm (max), the TCR3UG series helps reduce the size and thickness of mobile applications.

http://mrem.bernama.com/viewsm.php?idm=30148

ARYAKA PRESENTS ITS GLOBAL SD-WAN AT THE IDC CIO SUMMIT 2017 IN SINGAPORE

SINGAPORE, Sept 26 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, today announced it is showcasing its SmartCONNECT and SmartACCESS, the first clientless SD-WAN, at IDC and Executive Networks Media’s CIO Summit 2017, the foremost gathering of CIOs in Asia, on Sept. 26, at the Marina Bay Sands and Convention Centre. Aryaka is both a sponsor and exhibitor at the event, which keeps CIOs and senior executives in Asia aware of the latest global trends in IT and the impact on their industries.

http://mrem.bernama.com/viewsm.php?idm=30150

PENFUND LEADS SECOND LIEN REFINANCING FOR GIVE & GO PREPARED FOODS

TORONTO, Canada, Sept 26 (Bernama-GLOBE NEWSWIRE) -- Penfund, an independent provider of junior capital to middle market companies in the United States and Canada, announced today an incremental investment in Give & Go Prepared Foods Corp. (“Give & Go” or the “Company”) by Penfund Capital Fund V (the “Fund”). The Fund provided an additional US$15 million of second lien debt as part of Give & Go’s recent first and second lien refinancing transaction.

Penfund acted as lead investor and agent for the upsized second lien facility. Adam Breslin, partner at Penfund, commented, “We are pleased to support Thomas H. Lee Partners in their recapitalization of Give & Go. Give & Go has performed well since being acquired by THL and we are excited about the Company’s prospects.”

http://mrem.bernama.com/viewsm.php?idm=30145

NOVA SOUTHEASTERN UNIVERSITY RECEIVES $200 MILLION COMMITMENT FROM PATEL FAMILY FOUNDATION

$50 Million Gift plus $150 Million Investment Will Significantly Expand NSU’s Colleges of Osteopathic Medicine and Health Care Sciences; Advance Health Care in Florida and Beyond

FORT LAUDERDALE and CLEARWATER, Fla., Sept 26 (Bernama-GLOBE NEWSWIRE) -- NOTE TO EDITORS: News conference scheduled for 11 a.m. Mon., Sept. 25 at NSU’s Terry Bldg., 3301 College Ave., Main Campus (Steele Auditorium) and will be live-streamed nova.edu/patelgift

Nova Southeastern University (NSU) announces the largest philanthropic gift in its history from Tampa-area cardiologist Dr. Kiran C. Patel and his wife, pediatrician Dr. Pallavi Patel. The commitment will significantly expand its programs in osteopathic medicine and health care sciences, and be used to develop a new 27-acre campus for NSU in Clearwater, Fla. The Patels are renowned in Florida for their philanthropy, community service and entrepreneurship.

http://mrem.bernama.com/viewsm.php?idm=30143

GAINEY MCKENNA & EGLESTON ANNOUNCES VIMPELCOM, LTD. CLASS ACTION LITIGATION UPDATE (NOW KNOWN AS VEON LTD.) (VEON)

NEW YORK, Sept 25 (Bernama-GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces Class Action update regarding VEON, Ltd. (“VEON” or the Company”) (NASDAQ:VEON), previously known as VimpelCom, Ltd.

On December 9, 2016, Lead Plaintiff in the action filed an amended class action complaint.  The amended complaint asserts claims on behalf of all persons or entities that purchased VimpelCom securities (now VEON) between December 4, 2010 and November 3, 2015 inclusive (the “Class Period”), and seeks to pursue violations of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10(b)-5 promulgated thereunder.  Recently, the Court issued an important decision which denied the Company’s attempt to dismiss the class action.  In particular, the Court’s decision denied Defendants’ motion to dismiss and sustained most of the claims in the amended class action complaint.

A copy of the amended class action complaint and the Court’s decision can be found at our website at www.gme-law.com.

If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com or gegleston@gme-law.com.

Please visit our website at http://www.gme-law.com for more information about the firm.

Source : Gainey McKenna & Egleston

--BERNAMA

NASDAQ WELCOMES SECOO HOLDING LIMITED (NASDAQ: SECO) TO THE NASDAQ GLOBAL MARKET

NEW YORK, Sept 25 (Bernama-GLOBE NEWSWIRE) -- Secoo Holding Limited (Nasdaq:SECO), Asia's largest online integrated upscale products and services platform, rang the opening bell at the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Global Market.

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/45f7dc57-524d-4463-a839-d201c341a0f1

http://www.globenewswire.com/NewsRoom/AttachmentNg/149603ca-4949-4531-bf94-aeb6ded2e6df

http://www.globenewswire.com/NewsRoom/AttachmentNg/e80a55e0-3858-41cb-80d3-9c9296d6143a

Secoo is a consumer-focused online retail platform that offers offline experience centers to provide customer support and membership services. Secoo has built a trusted and comprehensive global supply chain for upscale products and lifestyle services that are designed to meet the diverse purchase preferences and needs of customers, varying from in-season luxury products, to highly sought-after classic styles, and to vintage and rare products. Secoo prides themselves on high quality, and applies its sophisticated authentication procedures to ensure that every product offered on its platform is authentic.

“We are excited to become listed on The Nasdaq Global Market, which marks an important milestone for everyone at Secoo,” commented Mr. Richard Rixue Li, Chairman and Chief Executive Officer of Secoo Holding Limited, “China’s economy is transforming and consumers are increasingly shifting their consumption preferences toward upscale products and services. With over 300,000 SKUs, covering over 3,000 global and domestic premium brands, Secoo has become Asia’s largest online integrated upscale products and services platform, and is uniquely positioned to best serve Chinese consumers’ growing needs. As we become a publicly-traded company, we look forward to accelerating our growth and embracing the enormous opportunities ahead of us.”

“Secoo’s platform brings a plethora of high-end products and services directly to their customers,” said Bob McCooey, Senior Vice President and Global Head of Capital Markets, Nasdaq, “Their innovative integration of online and offline shopping platforms offers a superior customer focus. We are thrilled to work by their side as they continue to disrupt the retail space on their journey as a public company.”

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Emily Pan
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Source : NASDAQ, Inc.

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