Latest news with #GVT
Straits Times
16 hours ago
- Business
- Straits Times
Controlling shareholders of Alpina Holdings in talks over potential share sale
SINGAPORE – Alpina Holdings has announced that its controlling shareholders are engaged in preliminary and confidential discussions regarding a possible transaction involving the company's shares. The talks are ongoing and remain at an early stage, the building and systems services provider said in a June 3 exchange filing after the market closed. It added that there is currently no certainty that these discussions will lead to any agreement or that a transaction will ultimately materialise. Alpina's chairman and chief executive Low Siong Yong is its largest shareholder, with a 43.96 per cent stake as at March. Its executive director Tai Yoon On holds another 35.97 per cent. The company had listed on the Catalist board of the Singapore Exchange (SGX) three years ago. Its shares are down by almost 20 per cent since it listed at 31 cents on Jan 18, 2022. They closed on June 3 at 25 cents, before the announcement. Alpina is the second company to announce that it is discussing a possible share sale this week. Precision manufacturing firm Grand Venture Technology (GVT) announced similar talks on June 1 and said it will be putting its plans to carry out a secondary listing on Bursa Malaysia on hold while it evaluates its options. Shares of GVT jumped by more than 10 per cent to 92 cents when the market opened on June 2. They closed on June 3 at 92.5 cents. Join ST's Telegram channel and get the latest breaking news delivered to you.
Straits Times
3 days ago
- Business
- Straits Times
Grand Venture pauses plans for Bursa Malaysia listing amid takeover talks
SGX-listed Grand Venture Technology has entered into confidential discussions with a third party over a potential deal that could involve an offer for its shares. PHOTO: THE BUSINESS TIMES SINGAPORE – Grand Venture Technology (GVT) has entered into confidential discussions with a third party over a potential deal that could involve an offer for the company's shares. The discussions are ongoing and may not necessarily lead to a transaction, the precision engineering firm said in a Singapore Exchange filing on June 1. In the light of these developments, the company is putting its proposed secondary listing on Bursa Malaysia Securities on hold while it evaluates options with its advisers. GVT provides precision manufacturing solutions for the semiconductor, analytical life sciences, electronics, aerospace and medical industries, with operations in Singapore, Malaysia and China. The company first announced plans for a secondary listing on Bursa Malaysia, where it is aiming for higher stock price valuations, in September 2024. It received approval from the Securities Commission Malaysia for the proposed listing in March. The listing still requires clearance and approval from Bursa Malaysia for the admission of its shares to the main market of the Malaysia bourse. GVT is the second Singapore-listed precision engineering business to seek a secondary listing in Malaysia. In March, UMS Integration received approval to list on Bursa Malaysia. UMS said in a March 26 filing that a secondary listing in Malaysia would broaden its reach and widen its investor base, potentially improving the group's share liquidity. It would also give it access to another equity market for future fund-raising in support of the group's growth in the coming years. GVT closed on May 30 at 84 cents, up almost 2.5 per cent, while UMS Integration closed flat at $1.17. Join ST's Telegram channel and get the latest breaking news delivered to you.
Yahoo
28-05-2025
- Business
- Yahoo
Grand Valley Transit to offer free fares this summer
GRAND JUNCTION, Colo. (KREX) — To start on June 1, the Grand Valley Transit (GVT) will offer free trips in June through August. The initiative aims to encourage Grand Junction residents and visitors to keep Colorado's air clean during the summer months when air pollution is high. The free fares will be a part of 'Zero Fare For Better Air, We'll Get You There,' a statewide collaborative initiative designed to reduce ground-level ozone by increasing the use of transit for transportation. It is the largest free fare transit initiative in the U.S. It is made possible by Colorado Senate Bill 24-032 and the Ozone Season Transit Grant Program in partnership with the Colorado Energy Office. The Zero Fare pilot program launched in August 2022. It was reported to be a success with transit systems all over the state participating. Colorado Association of Transit Agencies Executive Director Ann Rajewski said, 'All agencies that participated increased ridership, ranging anywhere between 2% to 59%.' In 2023, the Zero Fare program, in addition to a marketing campaign, helped generate a 2% to 216% ridership increase in participating communities. In 2024, 13 systems in the state that participated in the program had a 34% average monthly ridership increase between July and August. GTV and the Colorado Association of Transit Agencies advertise the program to allow riders to experience environmental, financial, lifestyle and community benefits of transit, such as: Saving car costs on maintenance, parking, and gas. Reducing traffic congestion, air pollution and ground-level ozone. Reducing individual stress and increasing safety. Increasing personal productivity. The Grand Valley Transit was designed to increase mobility options for residents in Grand Junction. It encourages both individuals who have never used its transit services and regular customers to ride with the free fare from June to August. Individuals can learn more by visiting GVT's website at Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
10-05-2025
- General
- Yahoo
GVT invites public imput for proposed pilot route expansion
GRAND JUNCTION, Colo. (KREX) — Since Thursday, May 8, Grand Valley Transit (GVT) has invited the public to give their input regarding a proposed pilot route expansion, which will connect North Avenue directly with the West Transfer facility. The route will have direct transfers with Routes 7, 8, and 11 and will depart from the West Transfer Facility at 00:45 after the hour. More information regarding the route details can be found in an information packet on GVT's website. The public can submit their input by: Leaving comments on a comment card and returning the card to the ticket office at the Downtown or West Transfer Facilities. Sending an email to grandvalleytransit@ Sending a call to the Transit Planner at 970-683-4339. Sending written comments to PO Box 20,000-5093, Grand Junction, Colorado, 81502 Attending a hearing for public comment in person at 525 S. 6th Street on the second floor or virtually from 4:30 p.m. to 6:00 p.m. on May 12. Public comments on the proposed route will be accepted until May 19. Comments and GVT responses will be made available on an online public comment log that can be printed out upon request. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
07-03-2025
- Health
- Yahoo
Old-School German Volume Training Still Offers Big Bodybuilding Results
Bodybuilders first popularized the German Volume Training (GVT) method in the 1970s, when they realized they could gain lots of lean muscle mass by subjecting their muscle fibers to a tremendous amount of overload. German Volume Training was then re-popularized by legendary coach Charles Poliquin in the early 1990s, says strength coach Jim "Smitty" Smith, C.P.P.S. "While it is very efficient at building more muscle mass (hypertrophy) in a short amount of time, the key is the intensity (amount of weight used vs. amount of reps per set) used during the high-volume protocol." Charles often recommended a load of around 60 percent of 1RM (a lifter's greatest effort for 1 good repetition), says Smith. The goal is to perform 10 sets of 10 repetitions for one exercise per body part during a workout, so each workout may consist of only three or four exercises. Lifters should focus on one big exercise for each body part for the 10x10 approach and include some accessory lifts to wrap up the workout with 3 sets of 10 reps. As the name implies, German Volume Training forces muscle to endure a huge volume of work, so the tempo of the workout should be slow. Rest times between sets are relatively short—between 60 and 90 seconds. Because the volume is so high, lifters should start with a lighter weight than normal to combat fatigue on the later sets. "GVT is very demanding and should be cycled in and out of your training cycle on a periodic basis," says Smith. "Too much volume, too often is the quick path to over-training and poor gains. In addition, when considering the volume, volume, the amount of weight on the bar, and perfect technique is important," he says. A sample schedule would have lifters working out on the following schedule: Monday - Chest/BackTuesday - Legs/AbsThursday - Arms/Shoulders Although it may seem simple, GVT can certainly stimulate big gains in lean muscle. The intense amount of volume will spur muscle growth in both beginner and advanced lifters. Because the volume is so high, lifters should monitor their progress carefully and watch out for overtraining. Due to the difficulty of GVT-style workouts, you'll probably recover much slower than normal. For that reason, each body part should only be hit once per week. 1A) Incline Bench Press - 10 sets of 10 reps1B) Chin-up - 10 sets of 10 reps2A) Tricep Extensions - 3 sets of 10 reps2B) Bicep Curls - 3 sets of 10 reps
