Latest news with #BusinessHub
New Straits Times
10 hours ago
- Business
- New Straits Times
Star Media faces earnings void without new property launches, says Kenanga
KUALA LUMPUR: Star Media Group Bhd could see an earnings gap if no new property projects are launched to take the place of the completed Star Business Hub, Kenanga Research said. It said the absence of this major profit contributor could lead the group into losses in the coming quarters. "This would be the case, particularly if the recent recovery in Star Media's core print, digital & events (PDE) business proves short-lived. "This concern is underscored by PDE's track record of six consecutive quarterly losses from the fourth quarter of financial year 2023 to the first quarter of financial year 2025 before its rebound in the second quarter of financial year 2025," the research house said. Kenanga Research expects Star Media to post weaker earnings in the second half of financial year 2025, following a one-off gain in the first half from the sale of the latest Star Business Hub unit in January 2025. The research house said its forecasts take a conservative view, assuming the final unit will be sold by financial year 2026 (FY26). It projected a financial year 2025 loss of RM500,000, reflecting lower progress billings at Star Business Hub, and cut FY26 earnings by 57 per cent to factor in softer advertising revenue from the radio segment. TA Securities expects Star Media's core print and radio broadcasting segments to remain under pressure, as advertisers stay cautious with spending amid inflation and wider macroeconomic challenges. "That said, we remain cautiously optimistic on the property development segment, supported by ongoing sales recognition from the Star Business Hub project and higher occupancy in its investment properties. "We also see potential merger and acquisition opportunities as a strategic avenue for Star Media to broaden its revenue base," it adds.
Techday NZ
2 days ago
- Business
- Techday NZ
Wiise celebrates top ANZ partners at third annual awards
Wiise has recognised its top partners in Australia and New Zealand with the announcement of its third annual Partner Awards, spanning eleven categories. This year's awards highlighted organisations and individuals for their exceptional delivery, advocacy, customer service, innovation and commitment to the Wiise platform and customer base throughout the region. Main winners Momentum Software Solutions was awarded the title of Partner of the Year for its consistent performance in delivering Wiise solutions and upholding a customer-first approach. Alongside this, Alistair Emery, Managing Director of Momentum Software Solutions, received the Ambassador of the Year award in acknowledgement of his advocacy for Wiise. Newcomer BusinessHub was recognised as New Partner of the Year. Since joining the Wiise community, BusinessHub has demonstrated prompt results, active team engagement and dedication to expanding its Wiise-focused capabilities. Prawin Daniel, Business Development Consultant at BusinessHub, was also honoured as one of the Enablement Champions of the Year, cited for embracing Wiise's enablement resources to scale the organisation's capabilities. Solutions Plus took out the Growth Partner of the Year award. This accolade was awarded owing to the company's ability to rapidly expand its Wiise practice and generate measurable outcomes for clients. Recognition across the region KPMG New Zealand won the Innovation Partner of the Year award, being recognised for its approach to introducing Wiise into new markets and for executing a combined implementation across Australia and New Zealand. In New Zealand, Thyme Tech was named New Zealand Partner of the Year for delivering a high quality of customer service and strong support for Wiise users. Datacom was the recipient of Pipeline Development Partner of the Year, reflecting its "proactive vision and energy" in developing future opportunities within the Wiise pipeline through sustained business development efforts. iCatalyst received the Co-sell Partner of the Year distinction for its effectiveness in building collaborative sales pipelines with Wiise, while Stratus Consulting Group and The Practical Enterprise Group shared the Customer Success Partner of the Year award for their ongoing efforts to exceed customer expectations and foster trust. In the legal sector, Glass Wall Lab was declared Industry Excellence Partner of the Year for its delivery of a dedicated Wiise solution tailored for law firms and legal businesses. Morgan Chappel, Marketing Manager at Momentum Software Solutions, joined Prawin Daniel as Enablement Champion of the Year, for fully utilising Wiise's enablement tools, training, and webinars within their respective organisations. Leadership comments This year's winners exemplify what's possible when passion, purpose and partnership come together. From bold innovation to seamless customer delivery, their achievements have helped shape the future of the Wiise ecosystem. We're proud to celebrate the incredible progress made across our partner network and deeply grateful for the commitment each winner has shown to growing with us. Congratulations to all - your work continues to inspire. The full list of 2025 Wiise Partner Awards winners is as follows: Partner of the Year – Momentum Software Solutions Ambassador of the Year – Alistair Emery, Momentum Software Solutions New Partner of the Year – BusinessHub Growth Partner of the Year - Solutions Plus Innovation Partner of the Year - KPMG New Zealand Pipeline Development Partner of the Year – Datacom New Zealand Partner of the Year - Thyme Tech Co-sell Partner of the Year - iCatalyst Customer Success Partner of the Year - Stratus Consulting Group and The Practical Enterprise Group Industry Excellence Partner of the Year - Glass Wall Lab Enablement Champions of the Year - Prawin Daniel (Business Hub) and Morgan Chappel (Momentum Software Solutions) Follow us on: Share on:
Globe and Mail
28-03-2025
- Business
- Globe and Mail
Tenet's Business Hub Welcomes Three More Accounting and Bookkeeping Service Partners, Collectively Servicing SMEs in Major North American Cities
Toronto, Ontario--(Newsfile Corp. - March 28, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it recently entered into partnership agreements with three accounting and bookkeeping service providers in its continuous quest to provide SME entrepreneurs with the technology-driven tools and services they need to operate and grow their businesses efficiently. The three accounting firms collectively serve SMEs in major cities across Canada and the United States, including Montreal, Toronto, Vancouver, Calgary, New York, Los Angeles, Miami, Dallas, Chicago, Houston, Las Vegas, Seattle and many more. They provide bookkeeping, tax preparation and payroll management services, among others, to businesses operating in a wide range of sectors, such as technology (SaaS, AI, cloud solutions), retail, healthcare, manufacturing, hospitality, logistics and transportation, construction, real estate, professional services, and food processing to name just a few. Tenet plans to expand the Business Hub to the U.S. soon and recently began recruiting U.S. operating technology and service partners ahead of the platform's U.S. launch. "Although we haven't yet expanded the Business Hub to the U.S., our new partners' presence south of the border is of great value to us because it will allow us to immediately hit the ground running as soon as we're ready to start servicing U.S. SMEs," commented Fredi Tasciyan, Director of Strategic Partnerships and Financial Institutions at Cubeler. "We also greatly value all our accounting and bookkeeping partners' commitment to using Dext Software's bookkeeping automation platform to help provide their SME clients with daily pictures of their financial and accounting data. Their use of the Dext platform, along with their existing services, will nicely complement the Business Hub's offerings and combine to bring significant value to North American SMEs," concluded Mr. Tasciyan. About Tenet Fintech Group Inc.: Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: For more information, please contact: Tenet Fintech Group Inc. Mayco Quiroz, Chief Operating Officer 514-340-7775 ext.: 510 investors@ CHF Capital Markets Cathy Hume, CEO 416-868-1079 ext.: 251 cathy@ Follow Tenet Fintech Group Inc. on social media: X: @Tenet_Fintech Facebook: @Tenet LinkedIn: Tenet YouTube: Tenet Fintech Forward-looking information Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Yahoo
28-03-2025
- Business
- Yahoo
Tenet's Business Hub Welcomes Three More Accounting and Bookkeeping Service Partners, Collectively Servicing SMEs in Major North American Cities
Toronto, Ontario--(Newsfile Corp. - March 28, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it recently entered into partnership agreements with three accounting and bookkeeping service providers in its continuous quest to provide SME entrepreneurs with the technology-driven tools and services they need to operate and grow their businesses efficiently. The three accounting firms collectively serve SMEs in major cities across Canada and the United States, including Montreal, Toronto, Vancouver, Calgary, New York, Los Angeles, Miami, Dallas, Chicago, Houston, Las Vegas, Seattle and many more. They provide bookkeeping, tax preparation and payroll management services, among others, to businesses operating in a wide range of sectors, such as technology (SaaS, AI, cloud solutions), retail, healthcare, manufacturing, hospitality, logistics and transportation, construction, real estate, professional services, and food processing to name just a few. Tenet plans to expand the Business Hub to the U.S. soon and recently began recruiting U.S. operating technology and service partners ahead of the platform's U.S. launch. "Although we haven't yet expanded the Business Hub to the U.S., our new partners' presence south of the border is of great value to us because it will allow us to immediately hit the ground running as soon as we're ready to start servicing U.S. SMEs," commented Fredi Tasciyan, Director of Strategic Partnerships and Financial Institutions at Cubeler. "We also greatly value all our accounting and bookkeeping partners' commitment to using Dext Software's bookkeeping automation platform to help provide their SME clients with daily pictures of their financial and accounting data. Their use of the Dext platform, along with their existing services, will nicely complement the Business Hub's offerings and combine to bring significant value to North American SMEs," concluded Mr. Tasciyan. About Tenet Fintech Group Inc.: Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: For more information, please contact: Tenet Fintech Group Quiroz, Chief Operating Officer514-340-7775 ext.: 510investors@ CHF Capital MarketsCathy Hume, CEO416-868-1079 ext.: 251cathy@ Follow Tenet Fintech Group Inc. on social media:X: @Tenet_FintechFacebook: @TenetLinkedIn: TenetYouTube: Tenet Fintech Forward-looking informationCertain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
Yahoo
14-03-2025
- Business
- Yahoo
Tenet Closes Non-Brokered Private Placement Financing for Gross Proceeds of $3.6M
Toronto, Ontario--(Newsfile Corp. - March 14, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has closed a non-brokered private placement financing, with ThreeD Capital Inc. as its lead investor, by selling 72,983,340 units to "accredited investors" within the meaning of NI 45-106 - Prospectus Exemptions and under the applicable securities laws, with each unit priced at $0.05 for gross proceeds of $3,649,167 (the "Financing"). Tenet plans to use the proceeds of the Financing to develop macroeconomic data indexes for the Company's recently launched ie-Pulse platform, to prepare the expansion of the Cubeler Business Hub to the U.S. and for general working capital purposes. Each unit (a "Unit") of the Financing is comprised of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.15 for a period of 24 months from the date of issuance thereof (the "Expiry Date"). After a period of 6 months from the date of their issuance, if at any time the price of the Common Shares closes at or above $0.30 for 10 consecutive trading days, the Expiry Date of the Warrants will be reduced to thirty 30 days (the "Accelerated Expiry Date"). Any Warrants remaining unexercised after the Accelerated Expiry Date will be cancelled. Certain qualified individuals and registered investment dealers ("Finders"), who assisted the Company with respect to the Financing, received from the Company, in compliance with securities laws, a cash finder's fee equal to 8% of the gross proceeds raised and a number of finder's warrants ("Finder's Warrants") equal to 8% of the number of Units placed. Each Finder's Warrant entitles the holder thereof to subscribe for one Common Share at a price of $0.15 during the 24 months following its issuance, subject to the Accelerated Expiry Date conditions. The securities issued in connection with the Financing are subject to a hold period of four months and one day from the closing date of the Financing. Shares for Service Settlement Tenet also announced today, in compliance with the policies of issuing shares for services of the Canadian Securities Exchange, that it issued 912,968 common shares of the Company at deemed prices per share ranging from $0.05 to $0.10 to settle $56,500 worth of debt to strategic advisor Altitude Capital Consultants Inc. About Tenet Fintech Group Inc.: Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: For more information, please contact: Tenet Fintech Group Inc. Mayco Quiroz, Chief Operating Officer514-340-7775 ext.: 510investors@ CHF Capital MarketsCathy Hume, CEO416-868-1079 ext.: 251cathy@ Follow Tenet Fintech Group Inc. on social media:X: @Tenet_FintechFacebook: @TenetLinkedIn: TenetYouTube: Tenet Fintech THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF ANY OF THE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL, INCLUDING ANY JURISDICTION IN THE UNITED STATES OF AMERICA. THE SECURITIES DESCRIBED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE 1933 ACT) UNLESS REGISTERED UNDER THE 1933 ACT AND APPLICABLE STATE SECURITIES LAWS, OR AN EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS IS AVAILABLE. Forward-looking information Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. ***** NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ***** To view the source version of this press release, please visit
