The J.M. Smucker Co. Completes the Divestiture of Voortman® Brand to Second Nature Brands and Updates Fiscal Year 2025 Net Sales Outlook
MUNICH, Dec. 06, 2024 (GLOBE NEWSWIRE) -- The solar technology company Sono Group N.V. ( OTCQB: SEVCF ) (hereafter referred to as “Sono” or the “Company”, parent company to Sono Motors GmbH or “Sono Motors”) today announced its financial results for the first six months of 2024, highlighting a €60.6 million profit and its recovery following its exit from insolvency earlier this year. Key financial highlights €60.6 million profit: The profit primarily stemmed from the extinguishment of liabilities, parental guarantee reversal and recapitalization and reconsolidation of Sono Motors. Operational efficiency: General and administrative expenses decreased significantly from €8.1 million in H1 2023 to €2.9 million in H1 2024, reflecting leaner operations post-restructuring. Substantial reduction in development expenses: Cost of development expenses decreased by over 96% from €16.0 million in H1 2023 to €0.6 million in H1 2024, reflecting the streamlined focus on retrofitting solar technology onto third party vehicles and the discontinuation of the Sion passenger car program. Strengthened cash position: The Company maintained a cash balance of €2.2 million as of June 30, 2024, which was further enhanced by receipt of the second tranche of funding from YA II PN, Ltd. (“Yorkville”) in September 2024 in the amount of €3.0 million. This funding reinforced the Company's financial stability and supported its operational growth. Six-Month 2024 Milestone Achievements Exiting insolvency: The Company’s wholly-owned subsidiary, Sono Motors, successfully exited its self-administration proceedings in February 2024, marking what the Company believes is a crucial step towards the financial and operational stability of Sono. Additional funding: In H1 2024 Sono received funding commitments of up to €9 million, of which €4 million were received in February 2024 and €3 million in September 2024. Subject to compliance with the terms of the investment, the Company expects the commitments to position it to obtain sufficient funding for its business strategy and operations through June 2025. Commencement of OTCQB trading: On July 2, 2024, the Company's ordinary shares began trading on OTCQB under the symbol "SEVCF," enhancing access for investors and reinforcing shareholder transparency. Recent Updates Green Innovation Award: Sono received the prestigious Green Innovation Award at the Intermobility and Bus Expo (IBE) in Rimini, Italy. The Company believes this accolade highlights the innovative and transformative nature of Sono's solar technology and reinforces its strong position in sustainable mobility solutions. Partnership with Hofmeister & Meincke: Sono is leveraging Hofmeister & Meincke’s strong market presence in Germany and globally to distribute its Solar Bus Kit, Solar Kits for trucks and vans and other solar products to potential customers. A recently completed training program for 80 Hofmeister & Meincke’s sales representatives ensures they are equipped to effectively promote Sono’s innovative solutions, expanding the reach of sustainable mobility technologies. Expanded product portfolio: Sono expanded its portfolio with new options for its solar bus kit, new solar kits for trucks, vans and trailers, as well as high-voltage solar solutions for refrigerated vehicles. These innovative solutions are designed to help fleet operators reduce fuel consumption, lower emissions and cut operational costs, showcasing Sono’s commitment to sustainable and versatile solar applications across various vehicle types. Progress Toward Planned Nasdaq Uplisting: On November 7, 2024, at an extraordinary general meeting of shareholders, key measures to advance Sono's planned uplisting to the Nasdaq Capital Market were approved. These included appointing Owen May to the Supervisory Board, approving amendments to the Articles of Association to meet Nasdaq requirements, and authorizing preferred shares intended to enable potential future conversion of debt into equity. Debt-to-Equity Conversion Term Sheet Signed: Sono has entered into a non-binding term sheet with Yorkville to convert approximately $32 million in outstanding debt into equity through the issuance of preferred shares. This initiative, pending the signing of definitive agreements, strengthens Sono’s balance sheet, reduces default risk, and marks significant progress towards the Company’s planned Nasdaq uplisting. Looking Ahead Managing Director, CEO and CFO George O’Leary said, “We believe our results demonstrate the resilience of our business model and the effectiveness of our strategic pivot to solar retrofit solutions. We see the €60.6 million profit and successful exit from insolvency mark as a key turning point for Sono, setting the stage for sustainable growth.” The Company remains committed to advancing its solar integration technology, providing scalable solutions for the transportation sector and reducing dependence on fossil fuels. For more information about Sono Group N.V., Sono Motors GmbH and their solar solutions, visit sonogroupnv.com and sonomotors.com . ABOUT SONO GROUP N.V. Sono Group N.V. ( OTCQB: SEVCF ) and its wholly-owned subsidiary Sono Motors GmbH are on a pioneering mission to accelerate the revolution of mobility by making every commercial vehicle solar. Our disruptive solar technology has been developed to enable seamless integration into all types of commercial vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility. CONTACT: Press: press@sonomotors.com | ir.sonomotors.com/news-events Investors: ir@sonomotors.com | ir.sonomotors.com LinkedIn: https://www.linkedin.com/company/sonogroupnv FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements. The words "expect", "anticipate", "intend", "plan", "estimate", "aim", "forecast", "project", "target", “will” and similar expressions (or their negative) identify certain of these forward-looking statements. These forward-looking statements are statements regarding the intentions, beliefs, or current expectations of the Company and Sono Motors (together, the “companies”). Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and could cause the companies’ actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks, uncertainties and assumptions with respect to: our ability to access the unfunded portion of the investment from YA II PN, Ltd. (“Yorkville”), including our ability to successfully comply with the agreements related thereto and the absence of any termination event or any event of default; our ability to maintain relationships with creditors, suppliers, service providers, customers, employees and other third parties in light of the performance and credit risks associated with our constrained liquidity position and capital structure; our status as a foreign private issuer under the Securities Exchange Act of 1934; our ability to comply with OTCQB continuing standards, as well as our ability to have our shares admitted to trading on a national stock exchange, including the Nasdaq Capital Market, in the future; our ability to enter into a definitive agreement with Yorkville with respect to the conversion of outstanding debt into equity through the issuance of preferred shares; our ability to achieve our stated goals; our strategies, plan, objectives and goals, including, among others, the successful implementation and management of the pivot of our business to exclusively retrofitting and integrating our solar technology onto third party vehicles; our ability to raise the additional funding required beyond the investment from Yorkville to further develop and commercialize our solar technology and business as well as to continue as a going concern. For additional information concerning some of the risks, uncertainties and assumptions that could affect our forward-looking statements, please refer to our filings with the U.S. Securities and Exchange Commission (“SEC”), including our Annual Report on Form 20-F, which are accessible on the SEC’s website at www.sec.gov and on our website at ir.sonomotors.com. Many of these risks and uncertainties relate to factors that are beyond our ability to control or estimate precisely, such as the actions of courts, regulatory authorities and other factors. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. Except as required by law, the Company assumes no obligation to update any such forward-looking statements. FINANCIAL RESULTS (amounts in thousands, except share and per share data) INCOME STATEMENT BALANCE SHEET
O n the Southern Boulevard bridge next to President-elect Donald Trump’s Mar-a-Lago estate in West Palm Beach, there is a parked car festooned with Trump flags. Jestin Nevarez — who blasts out a rap version of Bruce Springsteen’s “Born in the USA” titled “Trump Saved the USA” on repeat — is the owner. “I come out here and show support,” he told The Independent . “And right now, Mar-a-Lago is a tourist attraction. So when people drive by, they see the flags, they hear the music, they stop in and they have a good time.” People do indeed stop to take photos of Nevarez’s car and snap photos of the once and future president’s estate. Palm Beach has changed in the years since Trump first became president. In 2016, Palm Beach County voted for Hillary Clinton by more than 15 points. It went on to vote for Joe Biden by about 13 points. But this last election, Palm Beach County moved more in line with its most famous resident, when Kamala Harris won it by less than a point. Later in the day on Friday, Angelique Morgan, a former reality television personality who goes by the name Frenchy Morgan, arrived in a pink Chevy convertible to talk with Nevarez and take photos. Morgan said she has been to Mar-a-Lago three times. “I'm absolutely fascinated with Trump,” she told The Independent . “If he's not the American dream, I don't know who is.” Morgan, who is a French-born naturalized American citizen, said she was particularly excited that Trump has brought on Elon Musk onto his team. “Trump adopted Elon, right? And I love it,” she said. “And I think it's amazing this time around, he has strong people around him who have more money than him, who can also help him and protect him.” Brandee Sisting was excited to visit Mar-a-Lago on Saturday for an event with Charlie Kirk. She’d traveled to Florida from Ventura, California specifically for it. Sisting said that on election night, she wasn’t optimistic. In 2020, it looked like Trump was going to win and then he didn’t, after all. “So I went to bed, I just said, ‘No, I'm gonna go read my Bible and I'm gonna go to sleep. I'm exhausted,’” she said. “And the next morning I woke up and my husband said, ‘He got it, Brandee. He won.’” Mar-a-Lago and Palm Beach are not the same as Washington, however — and Trump’s return to DC since his second electoral victory has been rocky. His nominee for attorney general, Matt Gaetz, another Florida man and former congressman, took himself out of the running after a series of controversies . Nobody, not even his biggest supporters on Capitol Hill, are sure what his proposed Department of Government Efficiency (DOGE) — led by Musk and Vivek Ramaswamy — will actually do . Pete Hegseth, his nominee to be Defense Secretary, continues to be on the ropes and it remains unclear whether Republicans will vote to confirm him . But back on Southern Boulevard, voters want Republicans to get behind Trump’s picks. Nevarez flagged how Hegseth’s mother retracted her previous criticisms of her son in an interview on Fox News . “Honestly, at this point, our country is so in disarray and and torn up that I don't care about somebody's personal life,” Nevarez said. “I want to know what they're gonna do for us, what they gotta do for our country.” “A lot of Republicans, they might as well switch their names to Democrats, because that's what they are,” he continued. “It's the MAGA movement and Trump's movement. It's common-sense America first. Trump's not a natural conservative, he's not a natural Republican. He's common-sense America First.” Nevarez said he had been particularly rankled by the behavior of outgoing Republican Senate Minority Leader Mitch McConnell and John Cornyn. “They've been taking advantage of we the people and the government for years, and getting filthy rich off their positions as civil servants,” he said. Sisting, for her part, said she hoped that the GOP would come around. “I'm not frustrated with the Republicans if they become educated,” she said, adding that she is a former Democrat herself. “[Trump] is a good businessman, we got to give him a chance, and he has to surround himself with people that are ethical and truthful.” As the celebrations continued outside Trump’s estate, tourists continued to arrive to snap photos. But, despite his popularity here in Florida, Trump’s star power might not be bright enough to burn the Senate down.Fishburn leads at Sea Island as Dahmen keeps hope alive to keep job
A bust of Mahatma Gandhi was unveiled in the State Capitol building in Nebraska as December 6 was proclaimed as a day of remembrance for Gandhi in the US state, honouring the principles of non-violence, tolerance and justice championed by the iconic Indian leader. Governor Jim Pillen of Nebraska unveiled the bust of Mahatma Gandhi on Friday at the Governor's Office in the iconic Nebraska State Capitol premises in Lincoln. This marks the first installation of Gandhi's bust in any State Capitol premises in the nine states that come under the consular jurisdiction of the Indian Consulate in Seattle. A press statement issued by the Consulate said that in another special gesture, Pillen issued an official proclamation declaring December 6 as "A Day of Remembrance for Mahatma Gandhi" throughout Nebraska. The proclamation states that Gandhi, a global symbol of peace, non-violence and justice, has inspired countless individuals and movements around the world with his unwavering commitment to truth and human dignity. It noted the installation of Gandhi's statue, a generous gift from the Indian government through the newly opened Consulate in Seattle at the Nebraska State Capitol in Lincoln, "signifies a vision of long-term partnerships with Nebraska, serving as a powerful reminder of Mahatma Gandhi's enduring legacy and the universal values he championed". The proclamation underscored the statue would not only honour Gandhi's contribution to humanity but also promote cultural understanding and the spirit of unity among the diverse communities of Nebraska. "December 6 marks a significant day as we come together to celebrate the unveiling of this statue and reflect on the principles of non-violence, tolerance and justice that Gandhi espoused," the proclamation said. It noted that it is fitting and proper to dedicate this day to the memory of Mahatma Gandhi and encourage all citizens to embrace his teachings and strive for a more just and peaceful society. The Consulate General of India in Seattle and the Governor's Office in Nebraska had closely collaborated to identify the location of Gandhi's bust at the Governor's Office in the State Capitol as a most befitting venue to honour the legacy of Mahatma Gandhi, the press statement said. Several notable dignitaries, including Governor Pillen, Lieutenant Governor Joe Kelly, former Nebraska Senator Ben Nelson and acclaimed football player and coach Tom Osborne, along with Consul General of India in Seattle Prakash Gupta, as well as eminent members of the Indian-American community, were present at the unveiling ceremony. Speakers at the ceremony highlighted the enduring values of Ahimsa (Non-Violence) and Satyagraha (Truth Force) emphasising their relevance in today's world, the statement added. The unveiling of the bust of Mahatma Gandhi at the Nebraska State Capitol follows the recent unveiling of the Gandhi bust at the base of the Space Needle in Seattle Centre on the occasion of Gandhi Jayanti on October 2 earlier this year. The first Indian Consulate in Seattle commenced its operations in November 2023 with a consular jurisdiction in the US Pacific Northwest covering the nine states of Washington, Oregon, Idaho, Montana, Wyoming, North Dakota, South Dakota, Nebraska and Alaska. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)How to Watch Top 25 Women’s College Basketball Games – Tuesday, December 310 Exhibitions to See in Upstate New York This December
Liverpool beat holders Real Madrid with Aston Villa denied win against JuventusWhen does Black Ops 6 season 1 Reloaded release?The much-criticized healthcare skeptic has been mentioned for jobs in the Trump administration. Trump's nominee for health secretary, Robert F. Kennedy, Jr., has also called to end community fluoridation.
Share this Story : Pembroke cyclist injured after being hit in head by object thrown from vehicle Copy Link Email X Reddit Pinterest LinkedIn Tumblr Breadcrumb Trail Links Local News Pembroke cyclist injured after being hit in head by object thrown from vehicle At about midnight on Dec. 1, the cyclist was on Pembroke Street East when they were assaulted, police said. Author of the article: Staff Reporter Published Dec 02, 2024 • Last updated 42 minutes ago • 1 minute read Join the conversation You can save this article by registering for free here . Or sign-in if you have an account. An Ontario Provincial Police cruiser. POSTMEDIA / FILE PHOTO Article content The OPP are investigating after a cyclist in Pembroke was taken to hospital after being hit in the head with an object thrown from a vehicle. Article content Article content At about midnight on Dec. 1, the cyclist was on Pembroke Street East between Drive-in Road and Old Mill Road when a dark-coloured vehicle with three or four people inside approached, police said in a news release. After being struck from something that was thrown from the vehicle, the cyclist required treatment at the hospital. Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Elizabeth Payne, David Pugliese, Andrew Duffy, Bruce Deachman and others. Plus, food reviews and event listings in the weekly newsletter, Ottawa, Out of Office. Unlimited online access to Ottawa Citizen and 15 news sites with one account. Ottawa Citizen ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Sign In or Create an Account Email Address Continue or View more offers If you are a Home delivery print subscriber, online access is included in your subscription. Activate your Online Access Now Article content The Upper Ottawa Valley OPP detachment asked anyone who was in the area and may have witnessed the incident or has any video/dash cam footage from that area between 11 p.m. on Nov. 30 and 12:30 a.m. Dec. 1 to contact it at 613-732-3332 or Pembroke/Renfrew County Crime Stoppers at 1-800-222-TIPS (8477) or at www.valleytips.ca . Our website is your destination for up-to-the-minute news, so make sure to bookmark our homepage and sign up for our newsletters so we can keep you informed. Recommended from Editorial Three charged after youth abducted, held for ransom in Orléans OPP East Region charges 23 drivers in RIDE program's first week Article content Share this article in your social network Share this Story : Pembroke cyclist injured after being hit in head by object thrown from vehicle Copy Link Email X Reddit Pinterest LinkedIn Tumblr Comments You must be logged in to join the discussion or read more comments. Create an Account Sign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Trending Layoffs could be on the table for public servants. Here's everything you need to know Public Service Battle lines drawn between public servants, taxpayers over public service pension surplus Public Service City of Ottawa worker fired after audit uncovers kickback scheme with landlords Local News Is Ottawa ready for the return of former Senators winger Dany Heatley? Ottawa Senators How the Canada Post strike impacts Canadians News Read Next Latest National Stories Featured Local SavingsTweet Facebook Mail A young man is fighting for life and nine men are being questioned by police after an alleged stabbing in Melbourne 's south-west early this morning. Emergency services were called to Mossfiel Drive in Hoppers Crossing at 3.40am, where they found the 23-year-old injured. He was taken to hospital in a critical but stable condition and nine men were arrested at the scene. READ MORE: Second Melbourne teen dies from suspected methanol poisoning A police officer at the scene in the early hours of Saturday morning. (9News) Police are also investigating a suspected stabbing at 4am, after a 16-year-old boy walked into a hospital in Werribee with serious injuries. Officers said it is unclear at this stage where the second alleged stabbing occurred. "Investigations are ongoing into the circumstances of both incidents, which police believe are targeted at this stage," Victoria Police said. "Detectives are working to establish whether the two incidents are linked." DOWNLOAD THE 9NEWS APP : Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play .In their 49-year history, the Seahawks have been held to seven points or fewer 75 times, according to Pro Football Reference. Only once have they won — Thursday night in Chicago against the Bears, 6-3. One other time they tied, the infamous 6-6 overtime game at Arizona in 2016, which is the only tie in Seahawks history. Only 54 times has Seattle been held without a touchdown in 775 all-time games. Only three times have they won — Thursday night, and 9-6 wins at Cleveland in 2001 and at Detroit in 2006. Had the Seahawks lost in Chicago, it would have been one of the uglier defeats in recent team history, given that the Bears had lost nine in a row coming in and had lost their previous three games by a combined 60 points to the Lions, 49ers and Vikings. That it took all the Seahawks had to hold off the Bears, not securing the win until there were 11 seconds left, had many tabbing it as the proverbial ugly win. But to coach Mike Macdonald, what the effort said about his team was a sight to behold. The Seahawks faced the challenge of traveling on a short week, coming off two devastating losses that dropped them from first place in the NFC West and controlling their destiny to second place and needing a lot of help, and with the result of the Bears game itself having somewhat negligible meaning to Seattle’s postseason hopes, which rest largely on the Rams losing to Arizona and then beating LA next week and/or hoping for the strength-of-victory tiebreaker to break right. The Seahawks survived all that to get what was their sixth win in seven road games this season. "Well, the guys are put in a tough spot," Macdonald said Friday. “You're not guaranteed, you're not holding your own destiny, so what are you going to go play for? How are you going to go on a short week, go across the country, go play the right way, battle adversity throughout the game, stick together, and fight through it? How are you going to do all of that when playoff implications aren't necessarily on the line? “That tells me our guys are connected, they're tough, and they're playing for one another. I think that's pretty awesome." They did it behind what was statistically one of the better defensive performances in team history. The three points allowed tied for the 20 th fewest in team history; Seattle has had 19 shutouts and have now allowed just three points 21 times. Seattle has won all 40 of those games. And the 179 yards Seattle allowed were the 23 rd fewest in team history. The Seahawks have lost only twice when allowing fewer — a 16-3 defeat to Tampa Bay in 1998 when the Bucs got 156 and a 28-7 defeat to Kansas City in 1985 when the Chiefs gained 165. It was also the fewest yards allowed by Seattle since 2017, when the Giants gained just 177 in a 24-7 Seahawks win. Seattle needed every bit of that defense, though, with the offense managing just two field goals, gaining just 265 yards and garnering a season-low 11 first downs. It was the sixth time in the past nine games Seattle has been held to 289 yards or fewer, all far off what is still the season average of 331.9 per game, built on some explosive early-season performances. That led to Macdonald being asked Friday if the offensive performance was “alarming." Macdonald said, “I wouldn’t call it alarming," noting the circumstances of the game played a role in the offense growing conservative as the game wore on. “It wasn't up to our standard on our production and how we want to operate," he said. “But we did do the things we needed to do to win the game. We played a little bit of the field-position game in the second half. We finally flipped field position ... the game kind of declared (itself) there in the second half on how we had to play. “So, we slowed it down a little bit and it became a field-position game, which it'd been in our territory in most of the games. I would have liked for us to be able to get it out in some of those situations. But when we did, in the latter part of the game going into the last drive, that was big for us to make Chicago have to go 30 or 40 yards instead of just 10 or 15." The victory improved Seattle’s record to 9-7 and also assured that Macdonald will finish with a winning record in his first year as an NFL head coach. But as Macdonald noted, the goals were higher, and it’s whether those can be reached that will determine how successful this year turns out to be. “We wish we would have won more," he said. “We want to win every time we step on the field. But, to be sitting here with a week left and still have life, we've done some things. I felt like we've grown. Fallen short several times, but we've gotten up and dusted ourselves off and kept moving forward." The Seahawks on Thursday placed running back Kenneth Walker III on Injured Reserve with a high ankle sprain. Players on IR have to sit out four games, which means Walker could return if the Seahawks advanced to the NFC championship game. Macdonald said he thinks that could be realistic. "I would love to see him come back ready to roll," he said. “Let's go have that problem come NFC championship time. We've got to get there first, but I know I'm sure holding out hope to see him again." Macdonald said the Seahawks should find out on Sunday if their game against the Rams will be on Saturday or Sunday of next weekend. None of the games for next weekend have yet been assigned dates with the league waiting to try to highlight games that have playoff implications. There are two time slots for Saturday and there has been some assumption that if the Rams-Seahawks game is winner-take-all it could be handed one of those, which are at 1:30 p.m. or 5 p.m. Pacific Time. The rest of the games will be on Sunday at the usual 10 a.m. and 1:25 p.m. slots, with one game at night (there is no Monday night game). Macdonald said the Seahawks are planning as if the game will be on Saturday and ready to adjust if needed. “Right now, we're operating under the assumption that we're going to be playing on Saturday because that's the earliest we can play," he said. “We have a secondary plan if we play Sunday. Right now, we're operating as if we're going to play on Saturday."
Inflatable Packaging Business Report 2024, with Coverage of Major Players such as A E Sutton, Advanced Protective Packaging, Aeris Protective Packaging, Airpack Systems and Automated Packaging SystemsNumber of women who are state lawmakers inches up to a record high
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The two-day ninth Islamic Finance Forum of South Asia (IFFSA) will kick off today at the Shangri-La and Cinnamon Grand. An annual event, it brings about speakers from across the region. Delegates and speakers from overseas will include attendees from India, Pakistan, Maldives, Malaysia, Bangladesh and South Africa. The Chief Guest of the Forum at Shangri-La, Colombo will be the Maldives former Finance Minister Dr. Mohamed Shafeeq whilst the conference will be chaired by Prof. Dr Aishath Muneeza, from INCIEF, Malaysia, who has been chairing the event since its very inception, almost a decade ago. The keynote address will be delivered by renowned practitioner and academic from Pakistan Dr Irum Saba, which is the most advanced market in South Asia in the IBF field. The speakers and panellists at the event will not just focus on the technical aspects of Islamic Banking but also encompass contemporary topics such as Artificial Intelligence. The speakers will include CEOs of banks, international scholars from multiple countries, ‘C’ level executives from NBFIs, insurance companies, technology firms, audit and advisory firms et al, providing those attending with a multitude of perspectives to an industry that is growing at a significant pace. The main conference will be followed by an event hosted by Adl Capital on the opportunities that Islamic Finance offers, with a focus on the domestic market. Attendance for this event is by invitation and prior registration. The two-day program will conclude with the IFFSA Awards at the Cinnamon Lakeside, to be held on 26 November, with institutions across the region vying for accolades in one of the most anticipated events in the IBF calendar. It will recognise financial institutions as well as clients, especially those that have excelled in areas such as ESG and the UN’s Sustainable Development Goals (SDGs).Killing of UnitedHealthcare CEO spotlights complex challenge companies face in protecting top brass
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If a potential winner: (a) does not respond after the first attempted contact from Sponsor within 48 hours of initial notification attempt, (b) is not in compliance with these Official Rules, (c) does not meet the eligibility requirements, (d) declines the prize, or (e) does not sign and return required documents or provide required identification by deadlines established by Sponsor, he or she will be disqualified, and the prize will be awarded to an alternate winner as determined by random draw from the remaining eligible, non-winning entries. Sponsor will conduct up to two alternate drawings for the prize, time permitting. The potential prize winner may be required to provide confirmation that he or she is the owner of the relevant email address. Each potential winner may be required, in Sponsor’s sole discretion, to complete and return an Affidavit of Eligibility & Liability/Publicity Release (TN residents need not sign Publicity Release) and a scan or photo of legal ID before claiming the prize. Any companion(s) who will participate in the prize activities, if applicable, may be required to sign and return a Travel Companion Release before being allowed to participate in any prize activities. If any of the potential companion(s), if applicable, is under the age of majority in his or her state of residence, then the parent or legal guardian of the minor potential companion(s) must sign and return all required forms. All forms must be postmarked by the date set forth on notification materials if return is requested via mail, or forms must be completed before receipt of any prize if prizes are picked up in person. PRIZE(S): One First Prize – the winner will receive a Youthful Appearance Skincare Package including one full-size Skin Better Science Techno Neck Perfecting Cream; one full-size Skin Better Science Alto Defense Serum; and a $100 DHH MedSpa gift certificate (Total ARV: $360). Certificate expires October 31, 2025. Restrictions may apply. Prize consists of only those items specifically listed as part of the prize. Sponsor reserves the right to substitute any prize with prize of equal or greater value in its sole discretion. No substitution or transfer/assignment of prize by winner is permitted. Prize subject to all terms, conditions and restrictions on face of tickets, gift cards or imposed by issuer. If by reason of printing or other error, more prizes are claimed than the number of prizes set forth in these Official Rules, a random drawing will be held among all prize claimants in a category to award the advertised number of prizes in the relevant category. Properly claimed prize(s) will be awarded, but under no circumstances will more than the advertised number of prizes be awarded. Prize(s) are awarded “AS IS.” Winner must pick up his or her prize at KNXV-TV, 515 North 44th St., Phoenix, AZ 85008 M-F between 9AM – 5PM no later than December 30, 2024. Federal, state, and local taxes on prize, if any, and any other costs, fees and expenses not listed above as specifically included as part of the prize are the sole responsibility of winner. An IRS form 1099 and other tax-related forms and documents may be issued by Sponsor if required by law. PUBLICITY AND MARKETING: Submission of an entry in the Sweepstakes constitutes permission to the Sponsor to use entrant’s name, likeness, photograph, voice, opinions, and/or hometown and state, and any portion thereof for purposes of advertising and trade, in any medium in connection with the Sweepstakes, without further notice, approval, or compensation, unless prohibited by law. LIABILITY RELEASE & INDEMNIFICATION: By entering this Sweepstakes, you agree to release, discharge and hold harmless Sponsor, Sponsor Affiliates and their respective parents, affiliates, and subsidiaries and all of their directors, officers, employees, agents and assigns (the “Released Parties”) from any claims, losses, and damages arising out of, or relating to, your participation in this Sweepstakes (including, without limitation, any misrepresentation made by the entrant in connection with the Sweepstakes; any non-compliance by the entrant with these Official Rules; claims brought by persons or entities other than the parties to these Official Rules arising from or related to the entrant’s involvement with the Sweepstakes; any malfunction, error or other problem arising in connection with the collection, processing, or retention of entry information; or any typographical or other error in the printing, offering or announcement of any prize or winner), or any Sweepstakes-related activities (including, without limitation, any event attended as part of a prize), and the acceptance and use, misuse, or possession of any prize awarded hereunder. OTHER TERMS: Released Parties are not responsible for any typographical or other error in the printing, the offering, or the announcement of any prize or in the administration of the Sweepstakes, whether caused by computer, technical, or human error. Released Parties are not responsible for late, lost, damaged, incomplete, illegible, faulty, or incorrect transmissions, incorrect announcements of any kind, technical hardware or software failures of any kind, any damage to any person’s computer related to or resulting from participating in the online portion of the Sweepstakes, lost or unavailable network connections, or failed, incomplete, garbled, or delayed computer transmission that may limit a user’s ability to participate in the Sweepstakes whether caused by computer, technical, or human error. Sponsor reserves the right to terminate or modify the Sweepstakes or any portion of it for any reason, including but not limited to, if fraud, misconduct, or a technical failure destroys the integrity of the Sweepstakes; or if a computer virus, bug, wireless failure, or other technical problem corrupts the administration, security, or proper administration of the Sweepstakes as determined by Sponsor, in its sole discretion. If Sponsor terminates the Sweepstakes, Sponsor will pick the winner(s) in a random drawing from among all eligible, non-suspect entries received as of the termination date, or in such other manner as Sponsor, in its sole discretion, deems fair and appropriate under the circumstances, provided it is able to do so. Sponsor will post notice of its action on the Sweepstakes website. Sponsor also reserves the right, in its sole discretion, to modify these Official Rules for clarification purposes without materially affecting the terms and conditions of the Sweepstakes. Sponsor reserves the right to disqualify any individual from further participation in the Sweepstakes if Sponsor concludes, in its sole discretion, that such person: (a) has attempted to tamper with the entry process or other operation of the Sweepstakes; (b) has failed to comply with or has attempted to circumvent these Official Rules; (c) has committed fraud or attempted to undermine the legitimate operation of the Sweepstakes; or (d) has acted toward Sponsor, any Sponsor Affiliates, or any other entrant in an unfair, inequitable, annoying, threatening, disrupting, or harassing manner. If a dispute arises regarding compliance with these Official Rules, Sponsor may consider, in its sole discretion, data reasonably available to Sponsor through information technology systems in Sponsor’s control, but Sponsor will not be obligated to consider any data or other information collected from any other source. Any failure by Sponsor to enforce any of these Official Rules will not constitute a waiver of such Official Rules. If there is a conflict between any term of the Official Rules and any marketing or entry materials used in connection with the Sweepstakes, the terms of these Official Rules will govern. GOVERNING LAW & JURISDICTION: EXCEPT WHERE PROHIBITED, ENTRANTS AGREE THAT ALL DISPUTES, CLAIMS AND CAUSES OF ACTION ARISING OUT OF OR CONNECTED WITH THIS SWEEPSTAKES, OR PRIZE AWARDED, WILL BE RESOLVED INDIVIDUALLY WITHOUT RESORT TO ANY FORM OF CLASS ACTION, AND ALL CLAIMS, JUDGMENTS AND AWARDS WILL BE LIMITED TO ACTUAL OUT-OF-POCKET COSTS INCURRED BY ENTRANT WITH REGARD TO THIS SWEEPSTAKES, BUT IN NO EVENT ATTORNEYS’ FEES, PUNITIVE, INCIDENTAL, CONSEQUENTIAL OR OTHER DAMAGES. All issues and questions concerning the construction, validity, interpretation and enforceability of these Official Rules, or the rights and obligations of entrants and Sponsor in connection with the Sweepstakes will be governed by and construed in accordance with the laws of the State of Ohio, without giving effect to any choice of law or conflict of law rules or provisions (whether of Ohio or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than Ohio. The state and federal courts located in Hamilton County, Ohio will be the exclusive forum for any dispute relating to these Official Rules and/or this Sweepstakes. All participants and winner(s) agree, by their participation in the Sweepstakes, to submit to the personal jurisdiction of the state and federal courts in Hamilton County, Ohio and waive the right to contest jurisdiction. SEVERABILITY: If any provision(s) of these Official Rules are held to be invalid or unenforceable, all remaining provisions hereof will remain in full force and effect. WINNER LIST: For the winner name(s), available after the close of the Promotion Period, send a self-addressed, stamped envelope to: DHH Med Spa Holiday Sweepstakes Winner List, 515 North 44th St., Phoenix, AZ 85008. Requests must be received by 60 days after the close of the Promotion Period. SPONSORS: Scripps Media, Inc. d/b/a KNXV-TV, 515 North 44th St., Phoenix, AZ 85008; DHH Med Spa, 9188 E San Salvador Dr., Suite 102, Scottsdale, AZ 85258.
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