logo
#

Latest news with #EP

Sterley, Korkie, Van der Bank crowned EP Masters champions
Sterley, Korkie, Van der Bank crowned EP Masters champions

The Herald

timea day ago

  • General
  • The Herald

Sterley, Korkie, Van der Bank crowned EP Masters champions

The highlight of the Eastern Province bowls calendar played out at the weekend as the prestigious EP Bowls Masters tournament was contested across three categories — open men, open ladies, and, for the first time, U25. The tournament, regarded as the pinnacle of bowls in the province, did not disappoint, delivering nail-biting action and showcasing some of the finest talent in the region. Open Men's Final: Sterley claims third title in epic duel The men's final saw an intense battle between two seasoned competitors, Andrew Sterley and Arthur Langley. In a match filled with precision, strategy, and moments of brilliance, Sterley edged Langley 21-18 to secure his third EP Masters title. Langley, himself a former champion and three-time finalist, pushed Sterley to the limit in a game that could have swung either way. Ultimately, Sterley's consistency in the final few ends earned him the victory and further cemented his legacy in EP bowls history.

Entertainment Partners to Acquire CASHét Strengthening End-to-End Production Finance Offerings
Entertainment Partners to Acquire CASHét Strengthening End-to-End Production Finance Offerings

Yahoo

time2 days ago

  • Business
  • Yahoo

Entertainment Partners to Acquire CASHét Strengthening End-to-End Production Finance Offerings

BURBANK, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- Entertainment Partners (EP), a global leader in entertainment production payroll, finance and management solutions, today announced that it has signed a definitive agreement to acquire CASHét Entertainment, LLC (CASHét), a leading provider of digital payment solutions for the entertainment industry. The acquisition strengthens EP's commitment to innovation and empowers productions worldwide to operate with greater speed, accuracy and confidence. CASHét offers an industry-leading suite of digital payment services, including its branded Purchasing Card (p-card) and digital AP payments through CASHétPay. In addition, CASHét provides productions with a sophisticated vendor information and bank data verification system that prevents bank and check fraud and saves accounting teams significant time. 'CASHét has built an innovative digital payment platform that is trusted across the industry,' said Markham L. Goldstein, EP President & CEO. 'Bringing CASHét into our ecosystem will allow us to provide productions with an unmatched, fully integrated, end-to-end financial solution.' Following the closing of the acquisition, CASHét will continue to support all productions and maintain integrations with all payroll providers, ensuring clients across the industry can access its solutions regardless of their payroll or accounting platforms. 'Joining forces with Entertainment Partners marks an exciting new chapter for CASHét. With EP's global reach, financial strength and industry expertise, we have an opportunity to expand our efficient payment solutions to more markets worldwide,' said Paul Rogers, CASHét President. 'Our shared commitment to innovation and integrity in financial workflows will drive even greater value for productions of all sizes, no matter where they are creating content.' 'We are very proud of what Paul and Deputy COO Shawn Gillespie have built in just 12 years,' said CASHét founders Robbert Aarts and Kurt Woolner. 'CASHét has become the industry standard for digital and credit card payments, annually servicing over 2,500 studio and independent features, TV and streaming productions.' This acquisition underscores EP's nearly 50-year commitment to advancing production finance through technology-driven solutions. CASHét currently provides its core services in the US and Canada, and provides p-card services in the UK, Europe and Australia/New Zealand. As part of this transaction, EP intends to invest in growing CASHét's offerings into additional global production hubs.'By investing in CASHét's solutions, we are reinforcing our commitment to the entertainment industry and ensuring productions worldwide have access to best-in-class financial tools,' said Goldstein. Centerview Partners LLC acted as EP's financial advisor in connection with the transaction. Ropes & Gray LLP and Moulton | Moore | Stella LLP acted as EP's legal advisors. William Blair acted as the financial advisor to CASHét and Paul Hastings, LLP as its legal counsel. About Entertainment Partners Entertainment Partners (EP) has been a trusted partner to the entertainment industry for nearly 50 years, helping clients produce great content, choose the best production locations, manage and track expenses, and pay crew and talent. EP delivers integrated, cloud-based solutions to support every phase of production. Its team of experts provides industry-leading insights on global and domestic incentives, workers compensation, health care, regulatory compliance and labor issues. The company also brings together background casting and digital production technology through the Casting Portal (the leading SaaS-based platform transforming how background actors are found, hired, managed and paid) and the iconic Central Casting. Learn more at About CASHét CASHét, founded in 2012 by Kurt Woolner, Robbert Aarts and Niels Teves, is the entertainment industry's trusted provider for digital accounts payable (AP) solutions. CASHét offers an industry-leading suite of digital payment services, including its branded purchasing card and secure, electronic payments through CASHétPay. Productions also rely on CASHét's sophisticated vendor Information and bank data verification system which helps prevent bank and check fraud while saving accounting teams significant time. Designed to streamline production payments, reduce complexity, and improve transparency, CASHét digitalizes approvals and payments to deliver fast, secure, accurate and compliant financial workflows. Whether on set, on location or in post, CASHét's solutions are built to meet the complex financial needs of modern production. CONTACT:Heather HerndonVP, Brand Marketing & CommunicationsEntertainment Partnershherndon@ in to access your portfolio

Arushi Paul's latest EP, Home, is all about embracing the change
Arushi Paul's latest EP, Home, is all about embracing the change

The Hindu

time7 days ago

  • Entertainment
  • The Hindu

Arushi Paul's latest EP, Home, is all about embracing the change

Bengaluru-based singer-songwriter Arushi Paul's recently released EP Home is a heartfelt exploration of growth, transition, and self-discovery. Drawing from her own experiences of relocating to a new city as an 18-year-old, her EP delves into the complexities of leaving behind the familiar and stepping into the unknown. Home also reflects her own transition from high school to college, blending nostalgia into melodies that resonate deeply. 'The first song in the EP, 'Get Away' captures the initial wave of self-doubt about leaving a place you have known all your life. It reflects on questions we ask ourselves, such as 'will I succeed?' or 'will I like it there?'' says Arushi, who moved from her home in Bengaluru to pursue higher studies. The second song, 'Mess it Up', is about getting emotionally ready for the next chapter of life in a different city, 'It is about gradually gaining the confidence with regard to the move,' she says. The third and fourth songs are about making peace with the decision, leaving, and adjusting to the change. Talking about her journey into music, Arushi says, 'I have been singing for as long as I can remember, and I have been told that I started singing soon after I began talking.' 'My professional training began when I was 12 years old, and that is when I truly inculcated a love for singing. My music teacher, Richard Andrew Dudley has played a huge part in this journey, in terms of pushing me to try and do more; that has transcended into what I am doing now.' Arushi has also been a performing artiste with MOKSHA - All Stars, a band founded by Richard , who is also the producer and composer of the EP. Talking about her experience of juggling academics and music, Arushi says, 'For me, things were a bit difficult in the 10th and 12th grades — with studies, performing and working on my music. I believe the key is to find a balance; if you enjoy what you are doing, balancing it is not difficult.' 'My parents have been quite supportive from the beginning, they understand that this is what I want to do, and that is also why I have been able to push myself in terms of making my own music,' says Arushi. Her music blends influences ranging from Cold Play and Ed Sheeran to Billie Eilish and Johnny Orlando. Home is the collaborative effort with Richard as producer and composer, Aadarsh Subramanium in arrangements and programming, and Jaime Dudley on the drums and percussion.

Jail for man in Singapore who used bogus wine investment scheme to pocket S$12.67mil of investors' funds
Jail for man in Singapore who used bogus wine investment scheme to pocket S$12.67mil of investors' funds

The Star

time22-05-2025

  • Business
  • The Star

Jail for man in Singapore who used bogus wine investment scheme to pocket S$12.67mil of investors' funds

SINGAPORE: A man, who set up a company that dealt with wines, and an alleged accomplice devised a fraudulent investment scheme involving the beverage to cheat over 200 investors of millions of dollars between 2008 and 2011. Based on police investigations, victims linked to the company's fraudulent sale of wines paid more than S$14 million in total. Eldric Ko, 51, who incorporated Premium Liquid Assets (PLASG) in October 2005 and jointly ran its business with Koo Han Jet, went on to misappropriate $12.67 million of the investors' funds. Deputy Public Prosecutor Michelle Tay said that Ko, a Singaporean, then squirreled away $8 million for his and Koo's personal benefits. On Thursday (May 22), Ko, who has not made any restitution, was sentenced to seven years and two months' jail after he pleaded guilty to one count of criminal breach of trust (CBT) involving more than $10 million, and two counts of dealing with his ill-gotten gains. Twelve other charges were considered during his sentencing. Koo is still at large after he left Singapore in May 2011. DPP Tay told the court that Ko was PLASG's sole director and shareholder until Jan 2, 2009. After that, he installed his stepfather as its nominee director, even though the latter played no role in the company's business. Court documents stated that PLASG offered wine investment schemes to members of the public, purporting to source for wine from various suppliers in France and sell the beverage to investors. After operating the business for a few years, Ko realised that PLASG was selling more wine than what the company could purchase. Part of the reason was because the business was not making enough profits to cover its costs for items such as marketing and rental. DPP Tay said: 'The accused knew that, with the way that he and Koo were running PLASG's business, PLASG had growing liabilities to its investors, which were more than PLASG's assets, and which PLASG could not fulfil. 'In the accused's words, there was a 'hole' that kept getting bigger.' She added that in response to PLASG's growing liabilities to investors, the pair devised the 'En Primeur (EP) wine investment scheme' under the company in 2008. The prosecutor said that the two men then entered into a conspiracy to trick investors into believing that PLASG would transfer ownership of EP wines to them. The investors would be dishonestly induced to deliver monies to PLASG for the purchase of these EP wines. DPP Tay said: 'The accused and Koo never intended the EP scheme to be a genuine wine-selling scheme... (They) never intended to purchase the EP wines that they had purported to sell to investors, and they, in fact, never sourced for EP wines from any suppliers.' According to court documents, the two men then entered into a conspiracy to commit CBT by misappropriating the investors' funds under the EP scheme. On Aug 7, 2008, Ko incorporated a shell entity in the British Virgin Islands called Grand Millesimes Limited (GML), which had no actual business activities and was not a real wine supplier. The prosecutor said the two men agreed to use GML as a fictitious supplier of wines for the EP scheme. She added that as part the conspiracy, Koo forged invoices issued by GML, which purported to be for the sale of wine to PLASG before sending these invoices to Ko. Ko then used these forged invoices to justify his transfers of EP investors' funds from PLASG's bank account to another one in Switzerland belonging to GML. After that, he transferred the ill-gotten gains from the Swiss account to a third account in Singapore. DPP Tay said: '(Ko) deliberately chose to layer his funds transfers in this manner... because he believed that the Singapore police would not be able to obtain information about his overseas account and the illicit transactions. 'After the accused transferred the monies to (the third bank account), he distributed Koo's share of their illicit benefits from their criminal breach of trust offence... through illegal money remittance businesses and in cash.' Among other things, Ko misappropriated over $10 million in total between February and October 2009. Court documents did not disclose how the offences came to light but from May 2011, the police received more than 240 reports against PLASG over its fraudulent sale of wines. Koo left Singapore on May 3, 2011, and Ko did the same 25 days later before the police started investigating the case. Ko's bank account in Switzerland was closed in November that year. He was arrested when he finally returned to Singapore in May 2024. Reasons for his return were not stated in court documents. - The Straits Times/ANN

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store