
Microban International Unveils H2O Shield, a Portfolio of PFAS-Free Water-Resistant Textile Technologies Français
H 2 O Shield is designed to meet the growing demand for sustainable, high-performance textile finishes and offers a consumer-friendly alternative for brands phasing out harmful chemicals known as per- and polyfluoroalkyl substances (PFAS). This includes the class of chemicals, PFOS, well-known for their extensive use, persistence in the environment and potential health concerns.
The technology is customizable, offering four distinct repellent options tailored to meet specific aesthetic and performance needs of manufacturers and brands:
WR1000: Best suited for overall water repellency in low-touch applications such as shower curtains, awnings and tents.
WR1001: Optimized for wicking performance for athletic and sweat-resistant apparel such as performance jackets, ski jackets and running fabrics.
WR1002: Formulated to address chalking defects and color shift issues on dark-colored fabrics prone to scratches, such as hiking gear and gloves.
WR1003: Helps to prevent tearing and is best suited for applications where seam slippage is a concern, such as backpacks and tents.
For fabrics that are traditionally difficult to treat, Microban offers an optional pretreatment, WR-P. This pretreatment expands fabric compatibility, reducing water repellent agent dosage by 15-20% and increasing the wash durability of the treatment.
The technology provides excellent water resistance for textiles, achieving results of 80 or over on the AATCC TM22 spray repellency test. The finish has also been proven to maintain effectiveness even after 20+ home launderings.
Beyond water resistance, H 2 O Shield is designed to integrate seamlessly with other Microban technologies, including antimicrobial and odor control solutions.
"Microban provides a unique turnkey support structure, assisting our partners in combining finishing technologies while ensuring compliance and compatibility. Partners can also leverage our technical and testing support and trusted brand names," said Microban International President Michael Ruby. "This synergy allows brands to deliver multi-functional performance with tailored solutions, protecting and extending the overall life of textile goods and delivering what consumers desire."
H 2 O Shield technologies are applied using standard wet chemistry processes commonly found in textile manufacturing, such as pad baths. WR-P is applied as a last step during an exhaust process (after a dyeing cycle).
For additional information on H 2 O Shield, please visit https://www.microban.com/coatings/technologies/h2o-shield.
Part of Barr Brands International, Microban International is home to the most trusted and well-known global brands in the antimicrobial, odor control and sanitization/disinfection markets: Microban ® and Ultra-Fresh ®. Our organization has experienced over 100 collective years of growth and has revolutionized the industry. As the global leader, our proactive systems keep products cleaner and control odors better by preventing problems before they start. Microban International drives innovation by combining science and creative solutions that enhance high-quality consumer, textile, industrial and medical products worldwide. Today, the Microban and Ultra-Fresh brands and our technologies are featured on thousands of products worldwide. The company is headquartered in North Carolina and operates in North America, Europe and Asia Pacific. For more information, please visit www.microban.com.

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Cision Canada
4 minutes ago
- Cision Canada
SSC Security Services Corp. Reports Strong Third Quarter Results with Improved Margins, Higher Adjusted EBITDA, and Continued Share Buybacks
, Aug. 19, 2025 /CNW/ - SSC Security Services Corp. (" SSC" or the " Company") (TSXV: SECU) (OTCQX: SECUF), a national provider of cyber, physical and electronic security services to commercial, industrial and public sector clients across Canada, is pleased to release its results for the third quarter ended June 30, 2025. All figures are presented in Canadian dollars. "Our third quarter results came in as expected. We continue to see improved profitability from stronger margins as a result of our careful expense management. Gross margin has continued to strengthen, and our base business of recurring revenue continues to grow profitably. We like it when temporary contracts come in the door and they add nicely to our top line picture, however, more important is strong ongoing operational management and gross margin growth within our baseline recurring monthly revenue. As we continue to grow, we see that the size and scale of our operations nicely positions us for the temporary opportunities as they arise," said Chairman and CEO Doug Emsley. "We continue to buy back our shares and take a disciplined approach to acquisitions. Our objective is always to protect our cash and be opportunistic in our efforts to grow the Company. We continue to be well capitalised and debt free. One important point that often goes unmentioned is that, over the past several years, we've returned $55.4 million dollars to shareholders through share buybacks and dividends while consistently operating a profitable business. It's a track record we're extremely proud of," said Emsley. Key Highlights for Q3 2025: Continued Margin Improvement - Gross profit for the quarter ended June 30, 2025 was $5.3 million (gross margin of 17.5%), up from $4.7 million (15.9%) during the same quarter last year. The nine-month year-to-date gross profit is $14.6 million (16.7%), up from $14.3 million (15.8%) during the same nine-month period last year. Revenue Growth - Revenues for the quarter ended June 30, 2025 were $30.2 million compared with $29.7 million during the same three-month period last year, an increase of $0.5 million or 1.7%. Improved Adjusted EBITDA - Adjusted EBITDA for the quarter was $1.4 million ($0.08 per share), up from $1.3 million ($0.07 per share) during the same quarter last year. This represents a 14% improvement in Q3 Adjusted EBITDA over the prior year. NCIB Share Buybacks - During the quarter we bought back 140,900 shares of the Company at an average price of $2.42 per share (cancelling all 140,900 shares). 36 th Consecutive Quarterly Dividend - During the quarter we paid $0.03 per share in dividends to shareholders. We finished the quarter ended June 30, 2025 with: Cash and cash equivalents of $9.6 million equal to $0.53 per share; Working capital of $25.4 million; Total shareholders' equity of $61.8 million; and No debt. Key Performance Indicators for the comparable periods are summarized below: REVENUE, GROSS PROFIT & NET INCOME Revenues for the quarter ended June 30, 2025, were $30.2 million compared with $29.7 million during the quarter ended June 30, 2024, an increase of $0.5 million (revenue increase of 1.7%). The increase in revenues over the same period last year is attributed to internally generated organic growth. Gross profit for the quarter ended June 30, 2025 was $5.3 million (17.5% of revenue) compared to $4.7 million (15.9% of revenue) during the same quarter last year. We continue to see steady improvement in our gross profit margin percentages. These improvements are a result of the continued focus on operating efficiencies and cost reduction initiatives. Comprehensive net income for the quarter ended June 30, 2025 was $0.0 million (profit of $0.00 per share), unchanged from net income the same quarter last year of $0.0 million (profit of $0.00 per share). ADJUSTED NET INCOME & ADJUSTED EBITDA Adjusted EBITDA is the primary KPI used by the Company to measure the financial performance of the Company. Adjusted EBITDA for the quarter ended June 30, 2025, was $1.4 million ($0.08 per share), compared with the adjusted EBITDA of $1.3 million ($0.07 per share) for the prior year third quarter ended June 30, 2024 (this represents a 14.3% increase in Adjusted EBITDA per share). Adjusted net income for the quarter ended June 30, 2025 was $0.8 million (profit of $0.04 per share), compared to an adjusted net income in the same quarter last year of $0.7 million (profit of $0.04 per share). A reconciliation of earnings to adjusted net income and Adjusted EBITDA is provided in the Non-IFRS section of the MD&A published concurrently with this press release. * BALANCE SHEET Key balance sheet items are summarized below: UPDATE ON NORMAL COURSE ISSUER BID During the quarter ended June 30, 2025, we bought back 140,900 shares at an average price of $2.42 per share (same quarter last year: 116,800 shares at an average price of $2.59 per share). All shares bought back under the normal course issuer bid have been cancelled. We continue to believe that our shares have been trading in a price range which does not adequately reflect their value and that the purchase of shares under the NCIB enhances remaining shareholder value. Since 2017, the Company has cancelled nearly 48% of its outstanding shares through buybacks. OUTLOOK We are seeing continued growth in demand for the kind of innovative and cost-effective security services and solutions that we offer at SSC. Our ability to combine physical and electronic security services in a fully integrated way is the future of our industry. Additional growth may also come via acquisition, as we look to acquire other profitable companies in the Canadian security industry. Acquisitions may help us reach our growth targets more quickly, but we will not rush to complete new deals, and we will maintain our financial conservatism throughout. Most of our remaining legacy assets are expected to convert to cash over the next year. Our objective is to make these resources available for the expansion of our security business. We also plan to continue to distribute capital to shareholders via our dividend, operate with minimal to no debt while maintaining solid liquidity, focusing on maintaining strong margins, and maximizing our Adjusted EBITDA per share. ABOUT SSC SSC Security Services Corp. is a national provider of cyber, physical and electronic security services to corporate and public sector clients across Canada. For more information, please visit NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Forward Looking Statements This release includes forward-looking statements regarding SSC and its business. Such statements are based on the current expectations and views of future events of SSC's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting SSC, including risks regarding the security industry, the agricultural industry, economic factors and the equity markets generally and many other factors beyond the control of SSC. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and SSC undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. * Non-IFRS Measures SSC measures key performance metrics established by management as being key indicators of the Company's strength, using certain non-IFRS performance measures, including: EBITDA, EBITDA per share, Adjusted EBITDA, Adjusted EBITDA per share, Adjusted Net Income, Adjusted Net Income per share. The Company uses these non-IFRS measures for its own internal purposes. These non-IFRS measures do not have any standardized meaning prescribed by IFRS, and these measures may be calculated differently by other companies. The presentation of these non-IFRS measures is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The Company provides these non-IFRS measures to enable investors and analysts to understand the underlying operating and financial performance of the Company in the same way as it is frequently evaluated by Management. Management will periodically assess these non-IFRS measures and the components thereof to ensure their continued use is beneficial to the evaluation of the underlying operating and financial performance of the Company. For more detailed information, please refer to the Company's Management Discussion and Analysis dated August 19, 2025 available on the Company's website at and on SEDAR+ at


Cision Canada
4 minutes ago
- Cision Canada
MARWEST APARTMENT REAL ESTATE INVESTMENT TRUST ANNOUNCES Q2 2025 RESULTS
WINNIPEG, MB, Aug. 19, 2025 /CNW/ - Marwest Apartment Real Estate Investment Trust (the"REIT") (TSXV: reported financial results for the three and six months ended June 30, 2025. This press release should be read in conjunction with the REIT's Unaudited Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis (" Q2 2025 MD&A") for the three and six months ended June 30, 2025, which are available on the REIT's website at and at Mr. William Martens, Chief Executive Officer and Trustee commented, "This quarter we have seen higher turnover than anticipated and a longer re-lease period for our rental inventory. The increase in vacancy is offset by rental increases providing a modest same period revenue growth of 2.10%. We anticipate a stronger occupancy rate for the remainder of the year. Operating expenses increased over the prior year same period due to the removal of the provincial school tax rebate which reduced property taxes by $146,990 for the six months ended June 30, 2024. On July 15 th, Unitholders received an increase of approximately 10 percent in their distribution. With continued growth in the portfolio's rental rates we look forward to continue to deliver positive financial results for our Unitholders in the future." Q2 2025 Quarterly Highlights Distribution increase of 9.62%. Effective June 30, 2025 distributions increased from $0.0156 to $0.0171 per Trust Unit on an annualized basis. Same Property Revenue from Investment Properties increased by 2.10% in the six months ended June 30, 2025 compared to same period 2024 Reported Net Asset Value per Unit (" NAV") of $2.43 at June 30, 2025 compared to $2.37 at December 31, 2024 Reported adjusted funds from operations (" AFFO") of $0.0401 per Unit for the six months ended 2025, compared to $0.0467 for 2024 Average occupancy rate of 96.82% reported for the six months ended June 30, 2025 compared to 99.25% in the same period 2024 Weighted average months to debt maturity of 57.58 months Operations Summary Three months ended June 30 Six months ended June 30 Portfolio Operation Information 2025 2024 2025 2024 Number of properties 4 4 4 4 Number of suites 516 516 516 516 Average occupancy rate 95.51 % 99.11 % 96.82 % 99.25 % Average rental rate to date $1,730 $1,668 $1,728 $1,658 Three months ended June 30 Six months ended June 30 Reconciliation of Same Property NOI 1 to IFRS 2025 2024 2025 2024 Revenue from investment properties $ 2,579,050 $ 2,566,572 $ 5,214,192 $ 5,107,070 Expenses: Property operating expenses 679,926 574,288 1,374,218 1,227,845 Realty taxes 348,040 238,220 665,472 468,595 Total property operating expenses 1,027,966 812,508 2,039,690 1,696,440 Same Property NOI 1 $ 1,551,084 $ 1,754,064 $ 3,174,502 $ 3,410,630 1 Same Property Portfolio consists of 4 multi-residential properties owned by the REIT for comparable periods in Q2 2025 and Q2 2024 – See "Notice with respect to Non-IFRS Measures" below. Reconciliation of Debt-to-Gross Book Value ratio Total interest-bearing debt $ 101,022,365 Total assets on balance sheet 150,054,854 Debt-to-Gross Book Value ratio 67.32 % Reconciliation of Debt Service Coverage ratio Net Operating Income for the period ended June 30, 2025 $ 3,174,502 Mortgage payments for the period ended June 30, 2025 2,488,261 Debt Service Coverage ratio 1.28 Weighted average term to maturity on fixed rate debt 57.58 months Weighted average interest rate on fixed debt 3.09 % Financial Summary The REIT generated FFO and AFFO per Unit of $0.0208 and $0.0168, respectively, during the three months ended June 30, 2025. Three months ended Six months ended June 30 June 30 Reconciliation of FFO 2025 2024 2025 2024 Net (loss) income and comprehensive (loss) income (10,826) 2,505,206 (763,091) 3,123,230 Distributions on Exchangeable Units 42,035 41,227 82,765 82,694 Fair value gain on investment properties (472,047) (1,334,416) (433,262) (1,463,046) Fair value loss (gain) on unit-based compensation 9,998 (8,537) 28,452 (8,652) Fair value loss (gain) on Exchangeable Units 835,487 (561,947) 1,984,282 (561,947) FFO 404,647 641,533 899,146 1,172,279 Weighted average number of Units 19,498,838 19,498,838 19,498,838 19,498,838 FFO/unit $ 0.0208 $ 0.0329 $ 0.0461 $ 0.0601 Reconciliation of AFFO FFO $ 404,647 $ 641,533 $ 899,146 $1,172,279 Capital expenditures (77,953) (239,704) (116,738) (254,052) Leasing costs - (5,880) - (7,902) AFFO 326,694 395,949 782,408 910,325 Weighted average number of Units 19,498,838 19,498,838 19,498,838 19,498,838 AFFO/unit $ 0.0168 $ 0.0203 $ 0.0401 $ 0.0467 AFFO payout ratio 24.02 % 18.84 % 19.75 % 16.44 % NAV and NAV per Unit Reconciliation At June 30, 2025 At December 31, 2024 Unitholders' Equity $39,066,279 $39,901,132 Exchangeable Units 8,772,620 6,788,338 NAV 47,838,899 46,689,470 Trust Units 9,055,242 9,055,242 Exchangeable Units 10,443,596 10,443,596 Deferred Units 164,442 169,608 Total Units oustanding 19,663,280 19,668,446 NAV per unit $2.43 $2.37 The overall increase in NAV from $2.37 at December 31, 2024 to $2.43 at June 30, 2025, was mostly due to market conditions throughout all properties and net operating income less finance costs and general and administrative expenses exceeding distributions. Outlook Management is focused on growing the portfolio and unitholder value through increasing rental rates where the market allows, future acquisition opportunities that will increase the overall size and performance of the REIT, as well as maintaining a manageable debt structure. The current debt of the REIT is all fixed rates with an average remaining mortgage term of over four years. The majority of the REIT's debt is CMHC insured. Management believes the organic growth in NAV due to paydown of debt over the mortgage terms is a positive outcome of the higher leveraged position as well as lowering the REIT's debt-to-GBV ratio and thereby increasing the NAV per Unit over time. Management anticipates the demand for rental housing to continue to remain strong in the coming quarters. Management will assess the risks to the portfolio as the tariff uncertainty continues between Canada and the United States governments, and how that may or may not impact the economy. Interest rates have maintained the elevated levels increasing the cost of home ownership and delaying would-be homeowners purchases. The increase in the portfolio's operating costs due to inflation may be offset by increases in rental rates, where the market allows, as 56 percent of the portfolio at June 30, 2025 is not under rent control or restrictive financing agreements. About Marwest Apartment Real Estate Investment Trust The REIT is an unincorporated open-ended trust governed by the laws of the Province of Manitoba. The REIT was formed to provide holders of Units with the opportunity to invest in the Canadian multi-family rental sector through the ownership of high-quality income-producing properties, with an initial focus on stable markets throughout Western Canada. Forward-looking Statements The information in this news release includes certain information and statements about management's views of future events, expectations, plans and prospects that constitute forward‐looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward‐looking statements. A number of factors could cause actual results to differ materially from these forward‐looking statements, including the risks described under the heading "Risk Factors" in the REIT's latest annual information form and management's discussion and analysis. The payment of cash distributions will be dependent upon a number of factors, including but not limited to the financial performance, financial condition and financial requirements of the REIT. Although management of the REIT believes that the expectations reflected in forward‐looking statements are reasonable, it can give no assurances that the expectations of any forward‐looking statements will prove to be correct. Except as required by law, the REIT disclaims any intention and assumes no obligation to update or revise any forward‐looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward‐looking statements or otherwise. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. The Units are not registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to or for the account or benefit of U.S. persons, except in certain transactions exempt from the registration requirements of the U.S. Securities Act. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, securities of the REIT in the United States or in any other jurisdiction. Notice with respect to Non-IFRS Measures Disclosure The REIT's financial statements are prepared in accordance with IFRS. In addition to IFRS measures, this news release and the REIT's Q2 2025 MD&A disclose certain non-IFRS financial measures that are commonly used by Canadian real estate investment trusts as an indicator of performance. Non-IFRS measures and ratios include the following: Net Operating Income ("NOI") The Trust calculates net operating income as revenue less property operating expenses such as utilities, repairs and maintenance and realty taxes. Charges for interest or other expenses not specific to the day‑to‑day operations of the Trust's properties are not included. The Trust regards NOI as an important measure of the income generated by income-producing properties and is used by management in evaluating the performance of the Trust's properties. NOI is also a key input in determining the value of the Trust's properties. For reconciliation to IFRS measures, refer to "Financial Operations and Results" in the REIT's Q2 2025 MD&A Funds from Operations ("FFO") The Trust calculates FFO substantially in accordance with the guidelines set out in the white paper titled "White Paper on Funds from Operations & Adjusted Funds from Operations for IFRS" by the Real Property Association of Canada ("REALpac") as revised in January 2022. FFO is defined as IFRS consolidated net income adjusted for items such as unrealized changes in the fair value of the investment properties, effects of puttable instruments classified as financial liabilities and changes in fair value of financial instruments and derivatives. FFO should not be construed as an alternative to net income or cash flows provided by or used in operating activities determined in accordance with IFRS. The Trust regards FFO as a key measure of operating performance. For reconciliation to IFRS measures, refer to "Financial Operations and Results" in the REIT's Q2 2025 MD&A Adjusted Funds from Operations ("AFFO") The Trust calculates AFFO substantially in accordance with the guidelines set out in the white paper titled "White Paper on Funds from Operations & Adjusted Funds from Operations for IFRS" by REALpac as revised in January 2022. AFFO is defined as FFO adjusted for items such as maintenance capital expenditures and straight‑line rental revenue differences. AFFO should not be construed as an alternative to net income or cash flows provided by or used in operating activities determined in accordance with IFRS. The Trust regards AFFO as a key measure of operating performance. The Trust also uses AFFO in assessing its capacity to make distributions. For reconciliation to IFRS measures, refer to "Financial Operations and Results" in the REIT's Q2 2025 MD&A The following other non‑IFRS measures (including non-IFRS ratios) are defined as follows: "FFO per unit" is calculated as FFO divided by the weighted average number of Trust Units and Exchangeable Units of the Partnership outstanding over the period. "AFFO per unit" is calculated as AFFO divided by the weighted average number of Trust Units and Exchangeable Units of the Partnership outstanding over the period. "AFFO Payout Ratio" is the proportion of the total distributions on Trust Units and Exchangeable Units of the Partnership to AFFO per Unit. "Net Asset Value" is calculated as the sum of unitholders' equity and Exchangeable Units "Net Asset Value per Unit" or "NAV per Unit" is calculated as the sum of unitholders' equity and Exchangeable Units divided by the sum of Trust Units, Exchangeable Units and Deferred Units outstanding at the end of the period. "Debt‑to‑Gross Book Value ratio" is calculated by dividing total interest‑bearing debt consisting of mortgages by total assets and is used as the REIT's primary measure of its leverage. "Debt Service Coverage ratio" is the ratio of NOI to total debt service consisting of interest expenses recorded as finance costs and principal payments on mortgages. "Stabilized net operating income" is the estimated 12-month net operating income that a property could generate at full occupancy, less a vacancy rate and stable operating expenses. "Average occupancy rate" is defined as the ratio of occupied suites to the total suites in the portfolio for the period. "Same Property NOI" is defined as Net Operating Income from properties owned by the REIT throughout comparative periods, which removes the impact of situations that result in the comparative period to be less meaningful, such as acquisitions, or properties going through a lease-up period. Management believes that these measures are helpful to investors because, while not necessarily calculated comparably among issuers, they are widely recognized measures of the REIT's performance and tend to provide a relevant basis for comparison among real estate entities. These non-IFRS financial measures are not defined under IFRS and are not intended to represent financial performance, financial position or cash flows for the period and should not be viewed as an alternative to net income, cash flow from operations or other measures of financial performance calculated in accordance with IFRS. The above non-IFRS measures are not standardized under the financial reporting framework used to prepare the financial statements of the REIT. Readers should be further cautioned that the above measures as calculated by the REIT may not be comparable to similar measures presented by other issuers. For further information, refer to the sections entitled "Non-IFRS measures" and "Financial Operations and Results" in the REIT's Q2 2025 MD&A, which is incorporated by reference herein, for further information (available on SEDAR+ at or the REIT's website


Cision Canada
4 minutes ago
- Cision Canada
CIRO to Hold a Disciplinary Hearing for Abid Hossain Français
TORONTO, le 19 août 2025 /CNW/ - An initial appearance has been scheduled under the Investment Dealer and Partially Consolidated Rules before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) to set a date for a disciplinary hearing in the matter of Abid Hossain. The initial appearance is open to the public unless the hearing panel orders otherwise. The date for the disciplinary hearing will be made available at Initial Appearance Date: August 28, 2025 at 10:00 am (Eastern Time) Location: Toronto, Ontario (via videoconference) Members of the public, who would like to obtain further particulars, should fill out this form. The hearing concerns allegations that Abid Hossain misappropriated, misapplied, or failed to account for the proceeds of redemptions of client investments that he processed, and failed to cooperate with an investigation by CIRO Staff into his conduct. The Notice of Hearing and Statement of Allegations, which set out the allegations, are available at: The alleged violations occurred while Abid Hossain was a Dealing Representative with TD Investment Services in the Toronto, Ontario area. Abid Hossain is not currently registered with a CIRO-regulated firm in any capacity. * * * The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada's debt and equity marketplaces. CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments. For more information, visit All information about disciplinary proceedings relating to current and former member firms and individual registrants under the Investment Dealer and Partially Consolidated Rules (for investment dealers), the Mutual Fund Dealer Rules (for mutual fund dealers) and the Universal Market Integrity Rules (UMIR) is available on CIRO's website. Background information regarding the qualifications and disciplinary history, if any, of advisors currently employed by CIRO-regulated investment firms is available free of charge through the AdvisorReport service. Information on how to make dealer, advisor or marketplace-related complaints is available by calling 1-877-442-4322. CIRO investigates possible misconduct by its member firms and individual registrants. It can bring disciplinary proceedings which may result in sanctions including fines, suspensions, permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms. All other Inquiries: Complaints & Inquiries Secure form Toll-free (Canada/US) 1-877-442-4322 Hearing Notice Number: 25-0236 SOURCE Canadian Investment Regulatory Organization (CIRO)