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Archive by category Financial Announcements

Philips announces exchange ratio for 2024 dividend

Philips announces exchange ratio for 2024 dividend

June 5, 2025 (Korea Bizwire) Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced that the exchange ratio for the dividend for the year 2024 is 1 new common share for every 23.6353 existing common shares. This ratio was based on the volume weighted average price on Euronext Amsterdam of May 30, June 2, [...]

Capricorn Mutual Selects Duck Creek Technologies as Their New Core Insurance Delivery Technology Partner

Capricorn Mutual Selects Duck Creek Technologies as Their New Core Insurance Delivery Technology Partner

Duck Creek’s solution will be a key enabler of Capricorn Mutual’s business strategy, to strengthen their auto-trade members’ businesses SYDNEY, June 04, 2025 (Korea Bizwire) – Duck Creek Technologies, the global provider defining the future of property and casualty (P&C) and general insurance, has announced a new SaaS core insurance delivery technology partnership with Capricorn Mutual, [...]

Top California Lender, LLC Closes $70 Million Loan for Multifamily Acquisition

Top California Lender, LLC Closes $70 Million Loan for Multifamily Acquisition

SANTA MONICA, Calif., June 04, 2025 (Korea Bizwire) – Top California Lender, a leading private lender specializing in commercial lending, is proud to announce the successful closing of a $70 million loan to finance the acquisition of a multifamily property in Atlanta, Georgia. This significant achievement highlights the company’s expertise in facilitating large-scale real estate [...]

Treasure Global Launches US$100 Million Digital Asset Treasury Strategy to Power Next-Gen Consumer Intelligence Platform

Treasure Global Launches US$100 Million Digital Asset Treasury Strategy to Power Next-Gen Consumer Intelligence Platform

Capital Strategy Designed to Strengthen Digital Infrastructure, Enhance Treasury Efficiency, and Accelerate Rollout of Real-Time Data-Driven Retail Platform KUALA LUMPUR, Malaysia, June 04, 2025 (Korea Bizwire) — Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a leading e-commerce platform operator, today announced the launch of a US$100 million digital asset treasury initiative as [...]

K Wave Media, Inc. (Nasdaq: KWM) (“K Wave” or the “Company”) Announces entering into a securities purchase agreement for $500 Million Equity Purchase Facility to Support Bitcoin Treasury Strategy

K Wave Media, Inc. (Nasdaq: KWM) (“K Wave” or the “Company”) Announces entering into a securities purchase agreement for $500 Million Equity Purchase Facility to Support Bitcoin Treasury Strategy

KWM declares strategic intent to become “the Metaplanet of Korea,” following the model of Metaplanet Inc., 2024’s top-performing global stock with a return of over 4,000% NEW YORK and SEOUL, South Korea, June 04, 2025 (Korea Bizwire) – K Wave Media, Inc. (Nasdaq: KWM) (“K Wave” or the “Company”), the first Korean media alliance listed on Nasdaq, [...]

Philips to repurchase up to 6 million shares to cover long-term incentive plans

Philips to repurchase up to 6 million shares to cover long-term incentive plans

June 4, 2025 (Korea Bizwire) Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 6 million shares to cover certain of its obligations arising from its long-term incentive plans. At the current share price, the shares represent an amount of up to approximately EUR 125 million. The repurchases will be executed through one or [...]

Hong Kong and New Zealand, the easiest jurisdictions for doing business in APAC, says GBCI 2025

Hong Kong and New Zealand, the easiest jurisdictions for doing business in APAC, says GBCI 2025

LONDON, June 04, 2025 (Korea Bizwire) – The Global Business Complexity Index (GBCI), recently launched by TMF Group, analyses the business environment of 79 jurisdictions, accounting for 94% of the world’s GDP. It also ranks them based on over 250 indicators of business complexity, with the jurisdiction ranked 1st as the most complex and the jurisdiction ranked 79th, [...]

Teva Announces Pricing and Early Acceptance Results of its Debt Tender Offer

Teva Announces Pricing and Early Acceptance Results of its Debt Tender Offer

TEL AVIV, Israel, June 03, 2025 (Korea Bizwire) – Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) (“Teva”) announced today the pricing and early acceptance results of its previously announced tender offers (the “Offers”) to purchase for cash the outstanding notes issued by finance subsidiaries of Teva and guaranteed by Teva of the series described [...]

VCI Global Issues 2025 Financial Guidance with Strong Growth Outlook

VCI Global Issues 2025 Financial Guidance with Strong Growth Outlook

Targets 41% Revenue Growth, 30% Profit Growth, and a Q3 2025 IPO of Its Capital Markets Subsidiary KUALA LUMPUR, Malaysia, June 03, 2025 (Korea Bizwire) – 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 [...]

Teva Announces Early Tender Results of its Debt Tender Offer, Increase to Tender Pool Caps and Total Maximum Amount and Election of Early Settlement

Teva Announces Early Tender Results of its Debt Tender Offer, Increase to Tender Pool Caps and Total Maximum Amount and Election of Early Settlement

TEL AVIV, Israel, June 03, 2025 (Korea Bizwire) — Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) (“Teva”) announced today the early tender results in connection with its previously announced tender offers (the “Offers”) as specified below for the following series of notes issued by finance subsidiaries of Teva and guaranteed by Teva: USD 3.150% [...]