Latest news with #SPLP
Globe and Mail
5 days ago
- Business
- Globe and Mail
Steel Partners Holdings Declares Regular Quarterly Distribution On its Series A Preferred Units
Steel Partners Holdings L.P. (OTCQX: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable September 15, 2025, to unitholders of record as of September 1, 2025, on its 6% Series A Preferred Units, no par value ("Series A Preferred"). Any future determination to declare distributions on the Series A Preferred, and any determination to pay such distributions in cash or in kind, or a combination thereof, will remain at the discretion of Steel Partners' board of directors and will be dependent upon a number of factors, including the company's results of operations, cash flows, financial position, and capital requirements, among others. About Steel Partners Holdings L.P. Steel Partners Holdings L.P. ( is a diversified global holding company that owns and operates businesses and has significant interests in various companies, including diversified industrial products, energy, defense, supply chain management and logistics, direct marketing, banking, and youth sports. Forward-Looking and Cautionary Statements: This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including statements regarding future cash distributions. These statements are based on management's estimates and assumptions with respect to future events, and are believed to be reasonable, though are inherently difficult to predict. The Company cautions that these forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in these forward-looking statements. Undue reliance should, therefore, not be placed on such forward-looking statements. Any forward-looking statements contained in this announcement apply only as at the date of this announcement and are not intended to give any assurance as to future results. Except as otherwise required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances, or any other reason.
Daily Express
02-08-2025
- Daily Express
940 ops against the illegals
Published on: Saturday, August 02, 2025 Published on: Sat, Aug 02, 2025 By: Marutin Ansiung Text Size: Among the 141 illegal immigrants detained in Keningau. KENINGAU: Sabah Immigration carried out 940 enforcement operations across the State between January and July 28 to curb the entry and settlement of illegal immigrants. Its Director, Datuk Sharifah Sitti Saleha Habib Yusoff, said the operations, conducted in collaboration with various enforcement agencies, saw 17,410 people being screened from the Philippines, Indonesia, and other nationalities residing and working in Sabah. 'Of that number, 3,536 individuals were arrested for various offences under the Immigration Act 1959/63, including failure to produce valid documents, misuse of visit passes and overstaying their permitted duration,' she said. Sharifah stressed they would continue to carry out daily enforcement under its principle of 'no day without enforcement'. She said action was taken against 85 employers for hiring or harbouring foreigners without valid work permits — a serious offence under national laws. Firm action against employers remains one of the department's main focuses to deter the practice of employing PATI, which affects job opportunities for locals. Meanwhile, 141 illegal immigrants were detained in a separate enforcement operation carried out in and around Keningau district early Tuesday. The operation which began at around 12.30am ended at 4am, involved raids on two squatter areas — Balilingi and Bulu Silou — which were suspected of housing foreigners for a long time. 'A total of 216 individuals were screened during the integrated operation, involving 84 personnel, including officers from the Keningau, Tenom, Ranau, Sipitang, and Kota Kinabalu Immigration offices, supported by RELA members from Keningau District. 'Of those detained, 44 were adult women, 26 adult men, while the rest were male and female children. 'In total, 78 detainees were Filipinos and 63 were Indonesians, arrested for various immigration offences,' she said. Among the offences identified were the lack of valid identification documents under Section 6(1)(c) and overstaying under Section 15(1)(c) of the Immigration Act 1959/63. During the raids, there were attempts by some individuals to flee, but the situation was brought under control without any untoward incidents. All detainees are currently being held at the Papar Detention Depot for further action. The department assured that such operations will continue from time to time to ensure public safety, the rule of law and state security. In a related development, Sharifah hopes the issuance of temporary travel documents by the respective embassies for detained foreigners can be expedited. She said this involves the issuance of the SPLP (Surat Perjalanan Laksana Pasport) for Indonesian nationals and the Travel Document for Filipino citizens, which are essential for repatriation. She said many have been held in detention for three to four months waiting for these documents. 'If the embassies or consulates issue these documents, the detainees can be quickly repatriated to Indonesia and the Philippines,' she said. Sharifah noted that delays in identity verification and document issuance have led to overcrowding at the Temporary Detention Depot, placing pressure on its capacity and management. As of July 28, JIM Sabah carried out 100 deportation sessions involving the repatriation of 6,329 individuals by air and sea. 'We remain committed to enforcement efforts and will continue to work closely with all relevant agencies to safeguard national security and sovereignty,' she said. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Yahoo
13-05-2025
- Business
- Yahoo
Steel Partners: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Steel Partners Holdings LP (SPLP) on Tuesday reported net income of $29 million in its first quarter. On a per-share basis, the New York-based company said it had profit of $1.41. The diversified industrial company posted revenue of $499.2 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SPLP at Error 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
Washington Post
11-03-2025
- Business
- Washington Post
Steel Partners: Q4 Earnings Snapshot
NEW YORK — NEW YORK — Steel Partners Holdings LP (SPLP) on Tuesday reported earnings of $74.6 million in its fourth quarter. On a per-share basis, the New York-based company said it had net income of $3.40.
