Latest news with #PMM
Borneo Post
05-05-2025
- Health
- Borneo Post
Lukanisman: Lawas Hospital, Petra Jaya Hospital slated for 2026 completion
The Petra Jaya Hospital is on track for completion by 2026, said federal Deputy Health Minister Datuk Lukanisman Awang Sauni. – File photo MIRI (May 5): The new 76-bed Lawas Hospital project is expected to be ready by 2026, said federal Deputy Health Minister Datuk Lukanisman Awang Sauni. Speaking at the Miri Melanau Association's (PMM) 'Majlis Ramah Tamah Aidilfitri' here, he expressed his hopes the facility would ease the long-standing strain on medical infrastructure in Sarawak's northern region. He also said the long-delayed Petra Jaya Hospital in Kuching was now on track for completion next year. 'These projects reflect our commitment to decentralising healthcare, and ensuring underserved communities—especially in rural areas—have access to essential services,' he said. Lukanisman added the ministry was monitoring the potential implications of the tariff measures recently announced by US President Donald Trump, which could impact Malaysia's pharmaceutical and clinical device imports. He said a special parliamentary session convened today to address the issue. On the education front, he said the Sarawak government's plan to implement the Free Tertiary Education Scheme in 2026 was a testament to Sarawak's commitment to education and the future of its youth, particularly those from low or middle-income households. The scheme covers degree programmes at select local institutions focusing on courses in Science, Technology, Engineering and Mathematics, Law, Medicine, Accounting and Finance. (From third left) Yii, Ting, Lukanisman, Abdullah and Ariffin in a group photo with the committee members of PMM at the event last night. 'Eligible students will be required to complete a one-year government-funded foundation programme before proceeding to their degree. 'Those from households earning RM1,500 per capita or less will also receive a RM15,000 annual living stipend and RM1,200 in pocket money via the S Pay Global digital platform,' he said. Lukanisman also voiced his support for a proposal to establish a cultural centre for PMM, expressing hope that funding could be secured through the state government. A formal proposal was recently submitted to Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. Towards this end, Lukanisman pledged RM10,000 from his constituency fund and an additional RM10,000 in his capacity as Deputy Health Minister. The event also saw contributions from Deputy Minister for Tourism, Creative Industry and Performing Arts Datuk Sebastian Ting, who announced RM10,000 in support of PMM's activities, along with RM120,000 allocated under the Rural Transformation Programme (RTP). Also present at the event were Miri Mayor Adam Yii, Miri Deputy Mayor Ariffin Mohamad and PMM president Abdullah Jaini. healthcare sector Lawas Hospital Lukanisman Awang Sauni Petra Jaya Hospital
Business Wire
28-04-2025
- Business
- Business Wire
Putnam Managed Municipal Income Trust, Putnam Master Intermediate Income Trust, Putnam Municipal Opportunities Trust and Putnam Premier Income Trust Announce Results of Annual Meeting of Shareholders
NEW YORK--(BUSINESS WIRE)--Putnam Managed Municipal Income Trust (NYSE: PMM), Putnam Master Intermediate Income Trust (NYSE: PIM), Putnam Municipal Opportunities Trust (NYSE: PMO) and Putnam Premier Income Trust (NYSE: PPT) (a 'Fund' individually or together, the 'Funds') announced today the results of the votes cast at each Fund's annual meeting of shareholders held April 25, 2025. Robert D. Agdern, Carol L. Colman, Anthony Grillo, Eileen A. Kamerick, Nisha Kumar, Peter Mason, Hillary A. Sale and Jane E. Trust were elected as trustees ('Trustees') of PIM and PPT by holders of record of each Fund's outstanding common shares of beneficial interest to hold office until the annual meeting of shareholders in the year 2026, or until their respective successors have been duly elected and qualified, or until they resign or are otherwise removed. Carol L. Colman, Anthony Grillo, Eileen A. Kamerick, Nisha Kumar, Hillary A. Sale and Jane E. Trust were elected as Trustees of PMM and PMO by holders of record of each Fund's outstanding preferred shares and common shares of beneficial interest, voting together as a single class, to hold office until the annual meeting of shareholders in the year 2026, or until their respective successors have been duly elected and qualified, or until they resign or are otherwise removed. Robert D. Agdern and Peter Mason were elected as Trustees of PMM and PMO by holders of record of each Fund's outstanding preferred shares to hold office until the annual meeting of shareholders in the year 2026, or until their respective successors have been duly elected and qualified, or until they resign or are otherwise removed. In addition, the shareholders of each Fund voted to approve to fix the number of Trustees of each Fund at eight. Contact the Fund at 1-888-777-0102 for more information, or visit a Fund's web site at The information contained on the Fund's web site is not part of this press release. Hard copies of a Fund's complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Funds. Each Fund's shares are traded on the New York Stock Exchange. Similar to stocks, such Funds' share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor's risk of loss. All investments are subject to risk, including the risk of loss. INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE About Franklin Templeton Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.53 trillion in assets under management as of March 31, 2025. For more information, please visit and follow us on LinkedIn, X and Facebook. Category: Fund Announcement
Associated Press
15-04-2025
- Business
- Associated Press
Q.E.P. Co., Inc. Declares First Quarter Cash Dividend
BOCA RATON, Fla., April 15, 2025 (GLOBE NEWSWIRE) -- Q.E.P. CO., INC. (OTCQX: QEPC) ('QEP' or the 'Company') today announced that its board of directors has declared a cash dividend of $0.20 per share on its common stock. The dividend is payable on May 28, 2025 to stockholders of record as of May 1, 2025. This dividend reflects QEP's ongoing commitment to delivering shareholder value. About QEP Founded in 1979, Q.E.P. Co., Inc. is a leading designer, manufacturer and distributor of a broad range of best-in-class flooring installation solutions for commercial and home improvement projects. QEP offers a comprehensive line of specialty installation tools, adhesives, and underlayment. QEP sells its products throughout the world to home improvement retail centers, and professional specialty distribution outlets, under brand names including QEP®, LASH®, ROBERTS®, Capitol®, Premix-Marbletite® (PMM), Brutus®, and Homelux®. QEP is headquartered in Boca Raton, Florida with other facilities in the United States, Canada and Asia. Please visit our website at Forward-Looking Statements All statements contained in this press release, other than statements of historical facts, may constitute forward-looking statements within the meaning of the federal securities laws. These statements can be identified by words such as 'expects,' 'plans,' 'projects,' 'will,' 'may,' 'anticipates,' 'believes,' 'should,' 'intends,' 'estimates,' and other words of similar meaning. These forward-looking statements include, but are not limited to, statements regarding implementation of the Company's strategies and increasing profitability and stockholder value. Any forward-looking statements contained herein are based on current expectations and beliefs, and are subject to a number of risks and uncertainties, including those listed in the Company's annual report, as such risk factors may be amended, supplemented or superseded from time to time by other reports and disclosures made by the Company. Forward-looking statements may also be adversely affected by general market factors, competitive product development, product availability, federal and state regulations and legislation, manufacturing issues that may arise, patent positions and litigation, scarcity and rising cost for raw materials, shifts in global sourcing patterns, and general inflationary pressures, economic conditions, sales growth, price increases, maintaining and improving profitability, product development and marketing, operating expenses, cost savings, the successful completion of acquisitions and dispositions, acquisition integration, operational synergy realization, global sourcing, political uncertainty, cash flow, debt and currency exchange rates, among other factors. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the Company does not undertake any obligation to update forward-looking statements, except as required by law. CONTACT: Q.E.P. Co., Inc. Enos Brown Executive Vice President and Chief Financial Officer 561-994-5550
Yahoo
05-02-2025
- Business
- Yahoo
Digital Harmonic Secures Investment from Caladan Capital led by Victor L. Vescovo
COLUMBIA, Md., February 05, 2025--(BUSINESS WIRE)--Digital Harmonic, a leader in advanced video, signal, and image processing technologies, is excited to announce a strategic investment from Caladan Capital, led by Victor L. Vescovo, an accomplished private investor with over 30 years of experience in defense, aerospace, and electronics industries. This investment will accelerate Digital Harmonic's growth and innovation across several vertical industries, including Media & Entertainment, Healthcare, and National Security. Victor L. Vescovo, founder of Caladan Capital and previously co-founder of Insight Equity, has a proven track record of identifying and supporting groundbreaking companies. His expertise in operational improvement and his commitment to fostering innovation in industrial startups and special situations make him an ideal partner for Digital Harmonic. Victor also served for 20 years in the U.S. Navy Reserve as an intelligence and targeting officer, retiring in 2013 as a Commander. "Digital Harmonic's groundbreaking technologies are well-positioned to address critical challenges in the government sector, particularly in defense and intelligence applications," said Victor Vescovo. "I am excited to support their mission to innovate in video, signal, and image processing, and I look forward to helping the company unlock its full potential." Digital Harmonic's patented technologies, including dh/KeyFrame, dh/PurePixel, and dh/PMM, provide cutting-edge solutions for government, health and commercial applications. These innovations enhance operational efficiency and decision-making across industries, offering unmatched capabilities in signal analysis, video optimization, and image enhancement. "We are honored to partner with Victor Vescovo and Caladan Capital, whose vast experience and vision align perfectly with our goals at Digital Harmonic. His deep understanding of the defense and aerospace sectors, combined with his passion for innovation, will be invaluable as we continue to expand our impact," said Scott Haiges, CEO of Digital Harmonic. This investment will fuel the company's R&D pipeline, accelerate go-to-market strategies, and strengthen its position in key sectors. For more information, visit About Digital Harmonic: Digital Harmonic's sole focus is to deliver ground-breaking solutions to market. Through investments in core technologies and ownership of our patent portfolio, Digital Harmonic incubates, develops and launches industry-changing solutions, including dh/KeyFrame, dh/PurePixel and dh/PMM. For additional information, please visit and About Victor L. Vescovo: Victor L. Vescovo is a private investor with extensive experience in defense, aerospace, and venture capital. Founder of Caladan Capital, Victor is known for his commitment to advancing innovation through investments in groundbreaking technologies. A retired U.S. Navy Commander, he has also achieved historic exploration feats, including the first solo dive to the Titanic and the first person to explore the deepest points of all five oceans. View source version on Contacts Digital Harmonic Javier Flaim Sign in to access your portfolio
