Latest news with #Chairman
Associated Press
a day ago
- Business
- Associated Press
New HKTDC Chairman Professor Frederick Ma Si-Hang Meets With Management Team
HONG KONG - June 2, 2025 ( NEWMEDIAWIRE ) - Professor Frederick Ma, the newly appointed Chairman of the Hong Kong Trade Development Council (HKTDC), assumed office on 1 June and met with the management team this morning. Professor Ma said, 'It is both an honour and a tremendous responsibility to take up the chairmanship at this juncture of Hong Kong's economic transformation. While I am delighted to contribute to deepening Hong Kong's integration into the national development agenda, the unprecedented challenges of our era compel me to remain vigilant in leveraging Hong Kong's unique roles as a 'super-connector' and 'super-value-adder'.' 'I am confident that through the collective efforts of the HKTDC team, we will strengthen Hong Kong's core advantages as a global trading and international financial hubs while serving as a bridge linking the Mainland and global markets. Simultaneously, we will proactively explore emerging markets, drive enterprise innovation, sustainable development and digital transformation. This will ensure Hong Kong's enduring vitality on the global trading stage.' Biography of HKTDC Chairman Professor Fredrick Ma: Media enquiries Please contact the HKTDC's Communications & Public Affairs Department: About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: View the original release on
Yahoo
a day ago
- Business
- Yahoo
Peter Levine Bought 5.7% More Shares In Atome
Those following along with Atome Plc (LON:ATOM) will no doubt be intrigued by the recent purchase of shares by Peter Levine, Chairman & Company Secretary of the company, who spent a stonking UK£400k on stock at an average price of UK£0.50. While that only increased their holding size by 5.7%, it is still a big swing by our standards. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. In fact, the recent purchase by Chairman & Company Secretary Peter Levine was not their only acquisition of Atome shares this year. They previously made an even bigger purchase of UK£500k worth of shares at a price of UK£0.75 per share. That means that even when the share price was higher than UK£0.49 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. In the last twelve months Atome insiders were buying shares, but not selling. Their average price was about UK£0.59. I'd consider this a positive as it suggests insiders see value at around the current price. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! Check out our latest analysis for Atome There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Atome insiders own 41% of the company, worth about UK£9.7m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Atome. That's what I like to see! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Our analysis shows 5 warning signs for Atome (2 are potentially serious!) and we strongly recommend you look at these before investing. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
The National
4 days ago
- Business
- The National
Man City savour Club World Cup, Etihad expansion and CFG success
Excitement is high as City prepare to defend Fifa Club World Cup title, chairman Khaldoon Al Mubarak says
Yahoo
7 days ago
- Business
- Yahoo
Victory Bancorp, Inc. Declares Quarterly Dividend
LIMERICK, Pa., May 27, 2025 (GLOBE NEWSWIRE) -- Victory Bancorp, Inc. (OTCQX:VTYB), today announced that its Board of Directors has declared a quarterly cash dividend of $0.0650 per outstanding share of common stock. The dividend will be paid on or about June 13, 2025 to stockholders of record as of the close of business on June 2, 2025. The Victory Bancorp, Inc. is traded on the OTCQX market under the symbol VTYB ( and is the parent company state-chartered commercial bank headquartered in Limerick Township, Montgomery County. It offers a full range of banking services, including checking and savings accounts, home equity lines of credit, and personal loans. In addition to traditional banking, the Bank specializes in high-quality business lending, serving small and mid-sized businesses and professionals. With four offices across Montgomery and Berks Counties, it is dedicated to meeting the financial needs of the local community. Additional information about The Victory Bancorp is available on its website, Contact:Joseph W. Major,Chairman and Chief Executive Officer484-791-3407Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Argaam
26-05-2025
- Business
- Argaam
AOL secures SAR 15M credit facilities from Alinma Bank
Academy of Learning Co. (AOL) obtained SAR 15 million Shariah-compliant credit facilities from Alinma Bank. In a statement to Tadawul, the company said that the funding period is five years starting from May 25, 2025. The amount is covered by a guarantee pursuant to a fine and solidarity bond declaration from the Chairman of the board of directors and a promissory note submitted by AOL to the bank. AOL aims to obtain these facilities in order to expand and increase its revenues in the upcoming period, in line with its strategy and future plans, the statement added, indicating that no related parties are included in the deal.
