Latest news with #PKS
Business Upturn
4 days ago
- Business
- Business Upturn
CORRECTION – Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards
NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) — In a release issued under the same headline on Thursday, June 5th by Binah Capital Group (Nasdaq: BCG), please note that the last sentence of the first paragraph has been revised. The corrected release follows: Binah Capital Group, Inc. ('Binah Capital') (NASDAQ: BCG), a financial services enterprise supporting the growth of independent financial advisors, today announced that PKS Investments ('PKS'), a Binah Capital Group company, has been named a finalist in two categories for the prestigious 2025 Wealth Management Industry Awards ('The Wealthies'). The categories are Transition Support / Transition Services, recognizing PKS's excellence in advisor transition solutions, and Chief Executive of the Year, recognizing Katherine Flouton of PKS Investments. This dual recognition underscores Binah's unmatched commitment to leadership and operational excellence in supporting independent financial advisors through critical growth and transition stages. With decades of experience and a proven, scalable process, PKS has successfully supported thousands of advisor transitions, helping firms navigate change with confidence, clarity, and continuity. Through high-touch service model, operational excellence, and strategic leadership, PKS has redefined the benchmark for transition support within the wealth management industry. 'We are incredibly proud to see Katherine Flouton and PKS Investments recognized among the industry's top innovators,' said Craig Gould, Chief Executive Officer of Binah Capital Group. 'These nominations reflect our unwavering commitment to empowering independent advisors with the leadership, infrastructure, and flexibility they need to thrive in an evolving landscape.' Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success. A panel of judges made up of top names in the industry, led by director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 4th. About Binah Capital Group Binah Capital Group ('Binah Capital', 'Binah' or the 'Company,' is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today's complex financial landscape. Binah's portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don't just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: About Purshe Kaplan Sterling Investments Purshe Kaplan Sterling Investments (PKS) is a leading independent broker-dealer offering comprehensive support services for financial advisors nationwide. PKS's flexible affiliation models, operational precision, and client-first philosophy enable advisors to deliver outstanding service while growing their businesses with confidence. Contact: Binah Capital Investor Relations [email protected] Binah Capital Public Relations [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
4 days ago
- Business
- Yahoo
CORRECTION - Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards
- Dual Recognition Underscores Binah's Unmatched Commitment to Leadership and Operational Excellence - NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Thursday, June 5th by Binah Capital Group (Nasdaq: BCG), please note that the last sentence of the first paragraph has been revised. The corrected release follows: Binah Capital Group, Inc. ('Binah Capital') (NASDAQ: BCG), a financial services enterprise supporting the growth of independent financial advisors, today announced that PKS Investments ('PKS'), a Binah Capital Group company, has been named a finalist in two categories for the prestigious 2025 Wealth Management Industry Awards ('The Wealthies'). The categories are Transition Support / Transition Services, recognizing PKS's excellence in advisor transition solutions, and Chief Executive of the Year, recognizing Katherine Flouton of PKS Investments. This dual recognition underscores Binah's unmatched commitment to leadership and operational excellence in supporting independent financial advisors through critical growth and transition stages. With decades of experience and a proven, scalable process, PKS has successfully supported thousands of advisor transitions, helping firms navigate change with confidence, clarity, and continuity. Through high-touch service model, operational excellence, and strategic leadership, PKS has redefined the benchmark for transition support within the wealth management industry. "We are incredibly proud to see Katherine Flouton and PKS Investments recognized among the industry's top innovators," said Craig Gould, Chief Executive Officer of Binah Capital Group. "These nominations reflect our unwavering commitment to empowering independent advisors with the leadership, infrastructure, and flexibility they need to thrive in an evolving landscape." Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success. A panel of judges made up of top names in the industry, led by director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September Binah Capital Group Binah Capital Group ('Binah Capital', 'Binah' or the 'Company,' is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today's complex financial landscape. Binah's portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don't just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: About Purshe Kaplan Sterling InvestmentsPurshe Kaplan Sterling Investments (PKS) is a leading independent broker-dealer offering comprehensive support services for financial advisors nationwide. PKS's flexible affiliation models, operational precision, and client-first philosophy enable advisors to deliver outstanding service while growing their businesses with confidence. Contact: Binah Capital Investor Relationsir@ Binah Capital Public Relationsmedia@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards
- Dual Recognition Underscores Binah's Unmatched Commitment to Leadership and Operational Excellence - NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. ('Binah Capital') (NASDAQ: BCG), a financial services enterprise supporting the growth of independent financial advisors, today announced that PKS Investments ('PKS'), a Binah Capital Group company, has been named a finalist in two categories for the prestigious 2025 Wealth Management Industry Awards ('The Wealthies'). The categories are Transition Support / Transition Services, recognizing PKS's excellence in advisor transition solutions, and Chief Executive Officer of the Year, recognizing Katherine Flouton, CEO of PKS Investments. This dual recognition underscores Binah's unmatched commitment to leadership and operational excellence in supporting independent financial advisors through critical growth and transition stages. With decades of experience and a proven, scalable process, PKS has successfully supported thousands of advisor transitions, helping firms navigate change with confidence, clarity, and continuity. Through high-touch service model, operational excellence, and strategic leadership, PKS has redefined the benchmark for transition support within the wealth management industry. "We are incredibly proud to see Katherine Flouton and PKS Investments recognized among the industry's top innovators," said Craig Gould, Chief Executive Officer of Binah Capital Group. "These nominations reflect our unwavering commitment to empowering independent advisors with the leadership, infrastructure, and flexibility they need to thrive in an evolving landscape." Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success. A panel of judges made up of top names in the industry, led by director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September Binah Capital Group Binah Capital Group ('Binah Capital', 'Binah' or the 'Company,' is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today's complex financial landscape. Binah's portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don't just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace. For more, please visit: About Purshe Kaplan Sterling InvestmentsPurshe Kaplan Sterling Investments (PKS) is a leading independent broker-dealer offering comprehensive support services for financial advisors nationwide. PKS's flexible affiliation models, operational precision, and client-first philosophy enable advisors to deliver outstanding service while growing their businesses with confidence. Contact: Binah Capital Investor Relationsir@ Binah Capital Public Relationsmedia@
The Sun
27-05-2025
- Business
- The Sun
Elridge Energy starts FY25 with healthy earnings growth in first quarter
PETALING JAYA: Elridge Energy Holdings Bhd recorded revenue of RM109.67 million and profit before tax of RM18.03 million for the first quarter ended March 31, 2025 (Q1'25). After taxation of RM4.45 million, the group posted a net profit of RM13.58 million. The revenue and the profit were mainly contributed by customers based in Japan, Indonesia and Malaysia. As the group was only listed on the ACE Market of Bursa Malaysia in August 2024, no interim financial reports were prepared for the corresponding quarter in the previous year, and as such, no comparative figures are available. Palm kernel shells (PKS) remain the cornerstone of the group's operations, contributing RM95.81 million or 87.36% of total revenue. The remaining RM13.87 million or 12.64% was derived from the trading and manufacturing of wood pellets. Executive director and CEO Oliver Yeo said, 'Our first-quarter performance reflects the strong and growing demand for sustainable biomass fuel products in international markets. We are pleased to maintain our momentum post-listing and deliver healthy earnings growth in line with our strategic direction.' According to Coherent Market Insights, the PKS industry in the Asia-Pacific is expected to grow at a compound annual growth rate (CAGR) of 8.9% from US$308.6 million in 2024 to US$366.1 million by 2026 (RM1.4 billion to RM1.7 billion). The wood pellet market in the region is forecast to expand at a CAGR of 8.6%, reaching US$12.5 billion in 2026 from US$10.6 billion in 2024. Yeo said, 'To support this growing market, we are executing our expansion plan with the development of new manufacturing sites in Pasir Gudang, Johor; Kuantan, Pahang; and Lahad Datu, Sabah. These facilities will each house two PKS production lines with a combined annual output of 240,000 metric tons per site. The capacity expansion will enhance our ability to secure long-term export contracts and reinforce our position in the regional biomass supply chain.' A total of RM68.14 million from the group's initial public offering proceeds has been allocated to these projects. The investments form part of Elridge Energy's long-term strategy to capitalise on rising global demand for biomass fuels and to contribute to decarbonisation efforts in energy and industrial sectors. 'With a focused expansion strategy, a solid financial footing, and rising demand from international markets, Elridge Energy remains well positioned to deliver sustained value to our shareholders and support the global shift towards renewable energy,' Yeo concluded.
Borneo Post
26-05-2025
- Entertainment
- Borneo Post
Kayan community can make a big impact despite small numbers, says Telang Usan rep
Dennis performs the 'melesung' (symbolic ritual involving the traditional pestle and mortar) ceremony to officiate at the event. On the assemblyman's left is Peterus. — Photo by Roystein Emmor KUCHING (May 26): Telang Usan assemblyman Dato Dennis Ngau has reminded fellow Kayan community that regardless of their small population, they have the potential to make meaningful contributions to society. Speaking at the launch of the Orang Ulu Mini Cultural Festival at The Spring Shopping Mall here yesterday, Dennis commended the organiser, the Kayan Association of Sarawak (PKS) Kuching branch, for transforming the venue into a vibrant cultural showcase over the past few days. 'We can see today that The Spring has taken on a new look. Thank you to organising chairman Peterus (Mering) and his team. 'I'm from Miri and only visit The Spring occasionally, but today, when I entered, it felt completely different. 'Peterus and the team, you have changed the entire outlook of this place. Congratulations on your efforts,' he said in his opening speech. Dennis, also the president of Kayan Association of Sarawak, noted that his community registered estimated global population of around 100,000. 'Comparing that to Sarawak's population of 2.9 million and Malaysia's 34 million, we are indeed a small community — small, but we pack a punch like 'cili padi' (bird's eye chillies),' he quipped. Dennis also expressed pride in the Orang Ulu's growing presence in mainstream spaces. 'Thirty or 50 years ago, who would have imagined the Kayan or Orang Ulu showcasing our culture in a luxury shopping mall like this? And yet, here we are today.' In this regard, Dennis encouraged continued collaboration and proposed that the festival become an annual event. 'Let's make this a yearly occasion. I'm confident the Premier of Sarawak would be happy to attend next time. This is a very promising start,' he added. The event was made even more festive with the Spring Gawai Culture Parade, which welcomed Dennis upon his arrival at the mall, and a Mini Open House ceremony. Also present were political secretaries to the Premier Dominic Nyurang Ajang and Thomas Balan Bang, as well as PKS Kuching chairman KK Usun Steward. Dennis Ngau Kayan community Orang Ulu Mini Cultural Festival
