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Wrena, LLC Announces Chapter 11 Bankruptcy Sale Process Under Section 363
Banking & Financial ServicesMergers and Acquisitions

Wrena, LLC Announces Chapter 11 Bankruptcy Sale Process Under Section 363

November 6, 2024 4:00 PM

Ohio-based Stamped Metal Supplier Pursues Asset Sale to Address LiabilitiesSOUTHFIELD, MI / ACCESSWIRE / November 6, 2024 / Wrena, LLC ("the Company"), a full-service supplier of stamped metal products to the automotive industry, has announced a sale process under Chapter 11, Section 363 of the U.S. Bankruptcy Code. Despite its profitable operations, the Ohio-based Company is pursuing this path to address litigation-related liabilities and...

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Kenoch Asset Management Announces Strategic Partnerships with Leading Middle Eastern Banks
Banking & Financial ServicesCompany Update

Kenoch Asset Management Announces Strategic Partnerships with Leading Middle Eastern Banks

November 6, 2024 12:20 PM

LONDON, UK / ACCESSWIRE / November 6, 2024 / Kenoch Asset Management Limited has announced strategic partnerships with prominent Middle Eastern banks to expand its wealth management services outside of the US and Europe.Kenoch Asset Management Limited, a London-based wealth management firm specializing in tailored financial services for professionals in the oil industry, is pleased to announce strategic partnerships with several major banks in...

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Melrose Ventures Group Calls for Accountability from Hank Management Amid Ongoing Shareholder Concerns
Banking & Financial ServicesCompany Update

Melrose Ventures Group Calls for Accountability from Hank Management Amid Ongoing Shareholder Concerns

November 6, 2024 12:00 PM

Melrose Ventures Group expresses deep concern regarding the recent press release from Hank's management, which stated they would not respond further to inquiries from Melrose. This decision reflects a troubling pattern of evasiveness and lack of transparency that has persisted over the past seven years.Despite numerous attempts to engage with management, including a recent request for a shareholder meeting on October 21, 2024, Hank's leadership...

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Melrose Group Responds to Hank Payments Corp. Misstatement on Share Ownership
Banking & Financial ServicesCompany Update

Melrose Group Responds to Hank Payments Corp. Misstatement on Share Ownership

November 6, 2024 11:45 AM

Melrose Ventures, a Florida LLC, along with its Joint Actors, collectively known as "The Melrose Group," wishes to respond to the statement issued by Hank Payments Corp. ("Hank" or the "Company") on November 4, 2024.The Melrose Group stands by its previous announcement and wishes to clarify the regulatory requirements and the basis of our claims regarding our ownership stake in Hank Payments Corp.Clarification on Ownership StakeWe believe there...

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How to Save Money on Your In-Ground Swimming Pool
Banking & Financial ServicesCompany Update

How to Save Money on Your In-Ground Swimming Pool

November 6, 2024 11:00 AM

NEW YORK, NY / ACCESSWIRE / November 6, 2024 / Swimming pools can be an excellent addition to any home. They offer a place for relaxation, exercise, and social gatherings, and can even potentially increase home values.However, pools are significant investments in terms of installation and maintenance. Finding ways to cut costs without sacrificing quality or functionality is important.This article will explore five ways to save money on choosing,...

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United Bancorp, Inc. Reports 2024 Third Quarter and Nine-Month Earnings Performance
Banking & Financial ServicesEarnings

United Bancorp, Inc. Reports 2024 Third Quarter and Nine-Month Earnings Performance

November 6, 2024 11:00 AM

MARTINS FERRY, OH / ACCESSWIRE / November 6, 2024 / United Bancorp, Inc. (NASDAQ:UBCP) reported diluted earnings per share of $0.31 and net income of $1,820,000 for the three months ended September 30, 2024. For the first nine months of the current year, UBCP reported diluted earnings per share of $0.95 and net income of $5,553,000.Randall M. Greenwood, Senior Vice President, CFO and Treasurer remarked, "We are happy to report on the solid...

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Derwent Investments Announces Limited Intake of Interns for 2025
Banking & Financial ServicesCompany Update

Derwent Investments Announces Limited Intake of Interns for 2025

November 6, 2024 10:35 AM

SINGAPORE, SINGAPORE / ACCESSWIRE / November 6, 2024 / Asia-based investment and wealth management firm, Derwent Investments is excited to announce a new limited intake of interns at its Singapore headquarters. This exclusive program, set to begin in January 2025, is designed to provide a select group of aspiring professionals with a comprehensive grounding in the growing investment and wealth management industry.A rare opportunityThe internship...

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Honeycomb Expands to Washington State and Maryland, Now Insuring Over $35 Billion in Assets
Banking & Financial ServicesProduct Announcements

Honeycomb Expands to Washington State and Maryland, Now Insuring Over $35 Billion in Assets

November 6, 2024 10:00 AM

The digital insurer now offers coverage in 18 states while growing 2-3X annually and launched an advanced E&S program to support landlords and property owners nationwideCHICAGO, IL / ACCESSWIRE / November 6, 2024 / Honeycomb Insurance, a leading MGA offering insurance for landlords and condo associations, has expanded its footprint to Washington state and Maryland, bringing its total active states to 18. Honeycomb serves more than 60% of the...

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Flushing Bank Plans to Open New Branch Location in Melville, New York
Banking & Financial ServicesCompany Update

Flushing Bank Plans to Open New Branch Location in Melville, New York

November 6, 2024 9:45 AM

Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Bank (the "Bank"), announced today that it plans to open a new branch location in Melville at 555 Broadhollow Road later this month.John R. Buran, President and CEO stated, "We are excited about this new Melville location as it further expands our presence on Long Island with a convenient location in a central business hub. Our Branch Manager,...

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Roemer Capital Invites Certain Holders to Tender TCS Group Holding PLC GDR (ISIN: US87238U2033, Bloomberg: TCS LI)
Banking & Financial ServicesMergers and Acquisitions

Roemer Capital Invites Certain Holders to Tender TCS Group Holding PLC GDR (ISIN: US87238U2033, Bloomberg: TCS LI)

November 6, 2024 4:30 AM

Roemer Capital (Europe) Limited (the "Purchaser") is inviting certain holders of GDRs to tender for the sale of up to 4,762,000 units of GDRs for cash at a purchase price of USD 10.5 per 1 GDR (the "Purchase Price"), subject to the terms and conditions set out the Invitation to Voluntary Tender Memorandum (the "Memorandum") and template tender instructions (the "Tender Instruction") each available on the designated website...

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The Melrose Ventures Group Makes Take-Over Bid on Hank Payments Corp
Banking & Financial ServicesMergers and Acquisitions

The Melrose Ventures Group Makes Take-Over Bid on Hank Payments Corp

November 6, 2024 12:55 AM

NAPLES, FL / ACCESSWIRE / November 6, 2024 / Melrose VenturesTake-Over Bid CircularForm 62-104F1Item 1. Name and description of offerorName of offeror: Melrose VenturesDescription: Melrose Ventures is a Florida LLC involved in investment and acquisition activities.Item 2. Name of offeree issuerName of offeree issuer: Hank Payments Corp. Hank.v HNKPF- OTCItem 3. Securities subject to the bidClass and number of securities: Common sharesNumber of...

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The Melrose Ventures Group Issues Early Warning Report
Banking & Financial ServicesMergers and Acquisitions

The Melrose Ventures Group Issues Early Warning Report

November 6, 2024 12:50 AM

NAPLES, FL / ACCESSWIRE / November 6, 2024 / Melrose VenturesEarly Warning Disclosure DocumentForm 62-103F1Required Disclosure under the Early Warning RequirementsThis report is not filed to amend information disclosed in an earlier report.Item Security and Reporting Issuer1.1 Designation of securities: Common sharesName and address of the head office of the issuer: Hank Payments Corp, Toronto, ON1.2 Name of the market: TSX Venture Exchange...

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Transition Capital Partners Acquires PAT Tank
Banking & Financial ServicesMergers and Acquisitions

Transition Capital Partners Acquires PAT Tank

November 5, 2024 6:00 PM

SOUTHLAKE, TX / ACCESSWIRE / November 5, 2024 / Transition Capital Partners ("TCP") is pleased to announce the acquisition of Port Arthur Texas Tank ("PAT Tank"), a provider of repair, maintenance and fabrication services for above ground liquid storage tanks ("ASTs"), located in Port Arthur, Texas. TCP partnered with the management team and Plexus Capital. This transaction marks TCP's eighth investment with Plexus Capital, who provided debt and...

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Sensiba LLP Announces Greenly Partnership
Banking & Financial ServicesPartnerships

Sensiba LLP Announces Greenly Partnership

November 5, 2024 1:00 PM

Sensiba LLP, a Top 75 U.S.-based accounting and business consulting firm, announced today a partnership with pioneering carbon accounting platform Greenly.This collaboration merges Greenly's powerful carbon footprint analysis capabilities with Sensiba's ESG reporting and GHG assessment services, creating a comprehensive solution to help businesses effectively identify and navigate risks and opportunities.Leveraging Greenly's data and insights,...

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Regions Foundation Community Partnership: Something Sew Right
Banking & Financial ServicesEnvironmental, Social and Governance

Regions Foundation Community Partnership: Something Sew Right

November 5, 2024 11:30 AM

NORTHAMPTON, MA / ACCESSWIRE / November 5, 2024 / Regions BankDiscover how Regions Foundation and PeopleFund collaborated to empower an entrepreneur to seamlessly make her mark.By Kim BorgesSome people have a personal champion. Lilye Lavender has an entire cheer block."My maternal grandmother told me, ‘You're the American dream we came here for; you're my American dream,'" said Lavender.Other members of the entrepreneur's pep squad? Lavender's...

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Insurance Payments Are Making the Leap Into the Modern Era
Banking & Financial ServicesProduct Announcements

Insurance Payments Are Making the Leap Into the Modern Era

November 5, 2024 10:00 AM

One of the few remaining industries dominated by check payments is now adopting online payments and financing, shaped by modern retail checkout convenience and trends.AUSTIN, TX / ACCESSWIRE / November 5, 2024 / The fast checkout experience enjoyed by online consumers today has its roots in a 1999 patent by, unsurprisingly, Amazon. The "one-click buying" patent, once owned and defended by the tech giant, expired in 2017. Platforms like Shopify...

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Clarion Partners Completes Over 100 Industrial Certifications Under the USGBC's LEED Volume Program
Banking & Financial ServicesEnvironmental, Social and Governance

Clarion Partners Completes Over 100 Industrial Certifications Under the USGBC's LEED Volume Program

November 5, 2024 9:30 AM

NORTHAMPTON, MA / ACCESSWIRE / November 5, 2024 / Franklin Templeton:Clarion Partners, LLC, a leading real estate investment manager and one of the largest owners and developers of logistics properties in the U.S., has achieved LEED certification for more than 100 industrial projects totaling over 35 million square feet under the U.S. Green Building Council's (USGBC) LEED v4 for Warehouse and Distribution Centers Volume Program ("LEED Volume...

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Axcap Ventures Announces Upsizing of Private Placement
Banking & Financial ServicesFinancing

Axcap Ventures Announces Upsizing of Private Placement

November 4, 2024 6:00 PM

AXCAP VENTURES INC. (CSE:AXCP) (the "Company") is pleased to announce that further to its news release of October 15, 2024 that, due to strong investor demand, the Company has increased the size of its previously announced non-brokered private placement from $10,000,000 to approximately $15,000,000. The upsized offering will consist of up to 75,000,000 special warrants (the "Special Warrants") at the price of $0.20 per Special Warrant for gross...

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Tortoise Capital Announces Closed-End Fund Distributions
Banking & Financial ServicesCompany Update

Tortoise Capital Announces Closed-End Fund Distributions

November 4, 2024 5:00 PM

Tortoise Capital announced distributions declared by its closed-end funds.Tortoise Capital closed-end funds distribution details are as follows:FundTickerDistributionAmountDistribution Target of Average NAVDistributionFrequencyTortoise Energy Infrastructure Corp.TYG$0.787%-10%QuarterlyTortoise Midstream Energy Fund, Inc.NTG$0.817%-10%QuarterlyTortoise Pipeline & Energy Fund, Inc.TTP$0.597%-10%QuarterlyTortoise Energy Independence Fund,...

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Batelco and Qareeb Data Centers Sign MoU at Gateway Gulf Forum
Banking & Financial ServicesCompany Update

Batelco and Qareeb Data Centers Sign MoU at Gateway Gulf Forum

November 4, 2024 4:30 PM

MANAMA, BAHRAIN / ACCESSWIRE / November 4, 2024 / Batelco, part of the Beyon Group, signed a memorandum of understanding with Qareeb Data Centers W.L.L., at the Gateway Gulf Investment Forum 2024. The MoU was signed by Batelco CEO Maitham Abdulla and Qareeb Data Centers Chief Strategy Officer Annemarie Van Zadelhoff in the presence of officials from both companies.The collaboration aims to create the first White Space Data Centre in Bahrain, as...

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