Media Release | MCH Group | Decision of the parliament of the Canton of Basel-Stadt
Basel-Stadt supports the plans for a capital increase for MCH Group Ltd.
The parliament of the Canton of Basel-Stadt has approved the proposals put forward by the cantonal government and the Economic and Fiscal Affairs Committee (WAK) regarding a potential capital increase for MCH Group Ltd. The Canton of Basel-Stadt will waive the exercise of its subscription right, and the government is authorised to convert a loan of CHF 30 million into share capital.
The Canton of Basel-Stadt is thus making it possible for a new investor to acquire a significant minority holding in the event of a capital increase. At the same time, the Canton is ensuring that the public sector maintains a stake of more than 33.3%, enabling it to prevent changes to the Statutes.
The waiver of its subscription right and the conversion of its loan by the Canton of Basel-Stadt constitute key cornerstones of MCH Group Ltd.’s intended transaction. If the negotiations with potential investors can be brought to a successful conclusion, the capital increase and the associated structural changes will be submitted to the shareholders of MCH Group Ltd. at an Extraordinary General Meeting. The outcome of the negotiations still remains open at present.
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Mandalay Resources Corporation Announces Production and Sales Results for the Second Quarter of 20209.7.2020 13:00:10 CEST | Press release
TORONTO, July 09, 2020 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) announced today its production and sales results for the second quarter of 2020. In the second quarter of 2020, Mandalay produced a consolidated 24,752 saleable ounces of gold equivalent and sold 24,916 ounces of gold equivalent. Dominic Duffy, President and Chief Executive Officer of Mandalay, commented, “Both operations continued their strong start to the year with a quarter-over-quarter improvement in total ounces of gold equivalent sold. The second quarter production results were the Company’s best quarterly consolidated gold production since the fourth quarter of 2017.” Mr. Duffy continued, “At Costerfield, the excellent results continued from the Youle vein, with the site producing 13,502 gold equivalent ounces. Antimony provided another solid quarter with 933 tonnes sold, the Company’s highest tonnes sold since the second quarter of 2016. The plant pro
ProMIS Neurosciences and BC Neuroimmunology announce revenue-sharing joint venture agreement to develop and offer blood-based diagnostic tests for Alzheimer’s disease9.7.2020 12:30:10 CEST | Press release
Testing of blood-based biomarkers will offer convenient detection and monitoring of disease progression in pre-symptomatic and early Alzheimer’s disease (AD) TORONTO and CAMBRIDGE, Mass., July 09, 2020 (GLOBE NEWSWIRE) -- ProMIS Neurosciences, Inc. (TSX: PMN) (OTCQB: ARFXF), a company with unique, core technology to predict novel targets (peptide antigens) on the molecular surface of complex, misfolded proteins, and BC Neuroimmunology Lab (BCNI), have entered into a revenue-sharing joint venture (JV) agreement to develop and offer highly accurate and objective tests for detection, diagnosis and monitoring of Alzheimer’s disease (AD). Significant progress has been made over the past several years to advance a more precise diagnosis of AD. In particular, introduction of the A/T/N (amyloid/tau/neurodegeneration) criteria two years ago offered an unbiased approach for the objective biological diagnosis of AD1. However, the A/T/N diagnostic approach, until recently, required either costly P
Change in board of directors9.7.2020 12:00:00 CEST | Press release
Minutes of extraordinary general meeting GG St. Kongensgade 100 & 106 P/S Østergade 1, 1. DK-1100 Copenhagen K CBR no.: 38 30 68 47 On 9 July 2020, an extraordinary general meeting of GG St. Kongensgade 100 & 106 P/S was held at the company’s registered address with the following Agenda: Election of chairman of the extraordinary general meeting Proposed resolution to change the company's board of directors Authorisation Re item 1 on the agenda Jacob Kruse Rasmussen, attorney-at-law, was elected chairman of the extra ordinary general meeting. The chairman of the meeting found that the shareholders had decided to derogate from the requirements in the Danish Companies Act and the articles of association as to form and notice in respect of convening and holding the meeting pursuant to section 76(2) of the Danish Companies Act. On this basis, the chairman of the meeting found that the extra ordinary general meeting formed a quorum in every respect in relation to the items on the agenda. Re
Result of Riksbank reversed auctions SEK Covered Bonds9.7.2020 10:11:23 CEST | Press release
Result of Riksbank reversed auctions SEK Covered Bonds Auction date2020-07-09Loan5535 Coupon1.00 %ISIN-codeSE0013358413Maturity2025-09-17 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln1,250Volume bought, SEK mln1,000Number of bids3Number of accepted bids2Average yield0.249 %Lowest accepted yield0.246 %Highest yield0.251 %% accepted at lowest yield 100.00 Auction date2020-07-09Loan579 Coupon1.00 %ISIN-codeSE0012193621Maturity2024-12-18 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln2,100Volume bought, SEK mln800Number of bids3Number of accepted bids1Average yield0.165 %Lowest accepted yield0.165 %Highest yield0.165 %% accepted at lowest yield 80.00 Auction date2020-07-09Loan1589 Coupon1.50 %ISIN-codeSE0011643386Maturity2024-12-03 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln2,400Volume bought, SEK mln1,000Number of bids7Number of accepted bids4Average yield0.169 %Lowest accepted yield0.161 %Highest yield0.176 %% accepted at lowest yield 40.00
Valmet to supply pulp production upgrade technology to PT. Tanjungenim Lestari Pulp and Paper in Indonesia9.7.2020 10:00:00 CEST | Press release
Valmet Oyj’s press release on July 9, 2020 at 11:00 a.m. EET Valmet will supply pulp production upgrade technology to PT. Tanjungenim Lestari Pulp and Paper (PT TEL) in Indonesia. The delivery includes an upgrade of continuous cooking system, with a design capacity of 1,800 air dried tonnes per day, and two sets of new automatic baling equipment. With the new investments, PT TEL targets to increase its pulp production capability and improve its pulp quality. The order is included in Valmet's orders received of the second quarter 2020. The value of the order will not be disclosed. An order with this scope of supply and delivery is usually valued in the range of EUR 10-12 million. “Our target in the cooking system upgrade is to reduce our unit wood consumption by increasing the pulp yield and reducing reject content, to enhance our pulp quality and to lower the specific load on the recovery boiler. By upgrading to Valmet’s latest continuous cooking system we will significantly increase t
GOGL - 2020 Annual General Meeting8.7.2020 20:36:21 CEST | Press release
Golden Ocean Group Limited (the “Company”) advises that the 2020 Annual General Meeting of the Company will be held on August 31, 2020. The record date for voting at the Annual General Meeting is set to July 17, 2020. The notice, agenda and associated material will be distributed prior to the meeting. Hamilton, Bermuda July 08, 2020 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.