NewzIntel.com

Category: Business

  • MIL-OSI Asia-Pac: Samoa at Osaka World Expo 2025

    Source:

    Share this:

    By: Asuisui Fofoa Matafeo

    Samoas’ presence and visibility is on the global stage at Osaka Japan World Expo 2025.

    Capitalizing on the international stage to profile Samoa’s export commodities and goods complemented by Samoa’s revere tourism profile in bids to attract more visitors to Samoa, the Expo held every five years was officially opened on April 12th 2025.

    Her Excellency (H.E) Fa’alava’au Perina Sila Tualaulelei, Ambassador of Samoa to Japan led Samoa contingent at the official opening ceremonies.

    She was accompanied by Paul Oteta Ane, Representative of the Samoa Chamber of Commerce and Industry and representative from Government Press Secretariat and Savali Newspaper Principal Videographer and Filming, Asuisui Fofoa Matafeo.

    Samoa’s delegation also joined their global counterparts in commemorating the beginning of Expo activities, signaling Samoa’s readiness to share its distinctive culture, innovations, and future-focused vision with the world.

    Samoa’s exports and profile will remain on display at her pavilion showcasing handicrafts, clothing, food, and much more providing a wider platform for Samoa’s products to be noticed on the world stage.

    With millions in attendance, the Expo reaffirms unity and portray a future society through the ideas of life, world and the future.

    Osaka previously hosted a World Expo in 1970 that attracted 64 million visitors.

    The Expo is for 6 months and will close this October.

    Photos: Asuisui Fofoa Matafeo (Savali Newspaper)

    Share this:

    MIL OSI Asia Pacific News –

  • MIL-OSI Global: Eight years after arena attack, the commercialisation of Manchester’s bee symbol has unsettled some Mancunians

    Source: The Conversation – UK – By Ashley Collar, PhD Candidate in Sociology & Associate Lecturer at MMU, University of Manchester

    espesorroche/Shutterstock

    If you visit Manchester, one of the first things you’ll notice is the great number of bee images throughout the city. Born in the Industrial Revolution, the “worker bee” symbol captured the city’s tireless spirit and its legacy as a buzzing hive of industry. Today, the symbol is more often associated with collective resilience and remembrance following the Manchester Arena attack on May 22 2017.

    The bee became a powerful symbol of the “Mancunian spirit”, emerging almost instantly on murals, on bodies as tattoos and on public memorials. Over the last eight years, it has become a core part of Manchester’s identity.

    A memorial at Manchester’s Victoria station in May 2024.
    Ashley Collar

    As part of my ongoing PhD research, I set out to understand why the bee is everywhere in Manchester and what it means to people. I interviewed 24 Mancunians who were living in the city at the time of the attack, including some who were directly affected.

    Conducted in 2023, seven years after the attack, these interviews aimed to capture how the symbol’s meaning had evolved as the city continued to process and commemorate the event.

    For many, the bee still stands as a symbol of resilience, a reminder of how the city came together in the face of tragedy. But for others, its presence throughout Manchester has become more of a burden than a comfort.

    Appearing on buses, shop windows and public spaces, it serves as a constant and eerie reminder of the events and aftermath of the attack. Eight of my interviewees described these as memories of “trauma”. Over time, what once felt comforting has become more unsettling.

    Manchester City Council coat of arms, with bees buzzing around the Earth.
    By IndysNotHere – Self – Made / Wikimedia Commons, CC BY-NC-SA

    Fifteen of my interviewees expressed discomfort with how the bee has become more commercialised in the years since the attack. Some described feelings of “exploitation”.

    Both independent businesses and large companies have embraced the symbol, integrating it into their branding in public spaces. Many sell bee-themed gifts and souvenirs, such as fridge magnets, coasters and beanies.

    Manchester city council has played a key role in this commercialisation, promoting the image through various initiatives, including the Bee Network transport system and the Bee Cup – a reusable takeaway cup launched in 2023.

    In June 2017, shortly after the attack, the council moved to trademark several versions of the bee as an official city symbol. This was made public in March 2018, after the period for objections had passed.

    Initially, the council allowed people and businesses to use the symbol for free, but later introduced a licensing scheme. Now, anyone wishing to use the trademarked versions of the bee must apply for permission from the council, and commercial use comes with a £500 fee. Businesses that want to use the bee are also asked to donate to charity.

    The bee appears on souvenirs like fridge magnets.
    Ashley Collar

    The council described the trademarking of the bee symbol as a way to protect its use and support local good causes, such as the We Love MCR Charity, which helps fund community projects and youth opportunities across the city.

    But some of my participants noted that this transformed the bee from something personal and meaningful to something more corporate. In their view, it is as if the city itself is commodifying the attack rather than honouring it.

    This can be viewed as an element of “dark tourism”, which involves visiting places where tragedy has been memorialised or commercialised. In Manchester this manifests not through visits to the attack site but through the bee symbol, which has been commodified in murals, merchandise and public spaces. Tourists buy into collective grief through consumption, turning remembrance into a marketable experience and the bee as a managed and profitable commodity.

    M&S: One of many shop windows that now incorporate the Manchester bee.
    Ashley Collar

    Some Manchester Arena bombing survivors I spoke to feel that their personal grief has been repackaged into a public identity, one that does not necessarily reflect the complexity of their experiences.

    The use of the bee in products and souvenirs raises questions about how the city commercialises its identity, especially when considering the layered histories that the symbol carries.

    Uncomfortable history

    For some, the discomfort around Manchester’s bee goes even deeper. Today, the bee symbolises resilience and unity, but it originally represented hard work during Manchester’s industrial boom.

    This era wasn’t just about progress — it also involved exploitation and colonial trade especially through cotton produced by enslaved people in the Americas. Manchester’s role in the industrial revolution would have never been possible without slavery.

    My participants pointed out this hidden history, noticing that these stories rarely appear in Manchester’s public commemorations in the city. The bee’s visibility today reveals how cities tend to highlight positive histories, while uncomfortable truths remain hidden.

    A painted window in Manchester’s Victoria station.
    Ashley Collar

    Focusing solely on resilience risks creating a simplified version of Manchester’s past. This can exclude some people in the present, overlooking how historical injustices, like the city’s links to the transatlantic slave trade, still shape their lives today.

    This selective storytelling makes it harder for some communities to commemorate Manchester’s identity. They can’t do so without acknowledging past legacies of slavery and the city’s history of division.

    While some see the bee as a proud symbol of unity, others feel it erases their history. As the bee continues to dominate public spaces, Manchester faces an important challenge: making sure this symbol genuinely acknowledges the varied experiences and histories of all residents.

    This might be through dedicated plaques or exhibits that explore some of these hidden histories, and the bee’s complex meaning. Only by confronting its past can the city ensure that commemoration includes everyone.

    Ashley Collar receives funding from ESRC (Economic Social and Research Council) as part of her PhD Doctoral Scholarship.

    – ref. Eight years after arena attack, the commercialisation of Manchester’s bee symbol has unsettled some Mancunians – https://theconversation.com/eight-years-after-arena-attack-the-commercialisation-of-manchesters-bee-symbol-has-unsettled-some-mancunians-256753

    MIL OSI – Global Reports –

  • MIL-OSI Europe: Press release – Parliament supports proposals to simplify EU carbon leakage instrument

    Source: European Parliament

    The proposed changes to the EU carbon border adjustment mechanism (CBAM) are part of simplification efforts to reduce the administrative burden for SMEs and occasional importers.

    Parliament today endorsed the Commission’s proposal, which is a part of the “Omnibus I” simplification package presented on 26 February 2025. MEPs adopted only technical amendments for clarification purposes and supported a new de minimis mass threshold of 50 tonnes. This would exempt the vast majority (90%) of importers − mainly small and medium-sized enterprises and individuals − who import only small quantities of CBAM goods. The CBAM environmental objectives remain achievable, as 99% of total CO2 emissions from imports of iron, steel, aluminium, cement and fertilisers would still be covered by the rules.

    For the imports covered, the changes also simplify the authorisation process for declarants (parties wishing to import goods subject to the CBAM), the calculation of emissions and the management of CBAM financial liability, while strengthening anti-abuse provisions.

    Quote

    After the vote, rapporteur Antonio Decaro (S&D, IT) said: “The CBAM is a crucial instrument to help the EU prevent carbon leakage and incentivise climate action outside the EU. I am therefore glad that Parliament decided not to reopen other provisions of the CBAM legislation. This approach enables us to simplify matters for companies without dismantling or weakening the CBAM. We will continue to work quickly to bring legal clarity and certainty to all CBAM stakeholders.”

    Next steps

    MEPs adopted the text by 564 votes in favour, 20 against and with 12 abstentions. Parliament is now ready to start negotiations with Council on the final shape of the legislation.

    Background

    The EU’s carbon border adjustment mechanism is the EU’s tool to equalise the price of carbon paid for EU products operating under the EU emissions trading system (ETS) with that of imported goods, and to encourage greater climate ambition in non-EU countries. In early 2026, the Commission will assess whether to extend the scope of the CBAM to other ETS sectors at risk of carbon leakage.

    MIL OSI Europe News –

  • MIL-OSI Europe: Health partnerships are key

    Source: European Investment Bank

    Recognising the imperative to be even better prepared for the next pandemic, we have continued to build on this previous success. The EIB is providing Gavi with €1 billion in liquidity to accelerate access to vaccines for viruses with pandemic potential (such as Ebola), and to support routine vaccination against preventable diseases like measles, malaria, and the human papillomavirus (HPV), which is a leading cause of cervical cancer. (A new vaccine against tuberculosis could also be on the horizon.)

    This innovative approach has also inspired others and catalysed their efforts. For example, the G7 development-finance institutions, together with the EIB, MedAccess, and the International Finance Corporation, are working on a new surge-funding instrument to mobilise vaccines, therapeutics, diagnostics, and other medical goods that low- and lower-middle income countries will need to respond to future pandemics.

    Boosting regional vaccine production is a critical priority. Africa accounts for 20% of the world’s population, but produces just 0.1% of the world’s supply of vaccines. Building the continent’s vaccine-manufacturing base is a key part of any strategy to strengthen overall pandemic preparedness.

    Here, too, the EIB’s partnership and financial innovation are a game changer. Gavi’s $1.2 billion African Vaccine Manufacturing Accelerator – backed by over €750 million from European governments, as well as institutions including the EIB – is designed to dismantle barriers to local vaccine production. To help Africa achieve vaccine sovereignty, the EIB is also directly financing production facilities in Ghana, South Africa, and Senegal, through the Institut Pasteur de Dakar.

    Africa accounts for 20% of the world’s population, but produces just 0.1% of the world’s supply of vaccines.

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Non-evaluation of FATCA agreements by Member States and protection of fundamental rights of EU citizens – E-001950/2025

    Source: European Parliament

    Question for written answer  E-001950/2025
    to the Commission
    Rule 144
    François-Xavier Bellamy (PPE)

    On 13 April 2021, the European Data Protection Board (EDPB) invited Member States to re-evaluate their international agreements involving transfers of personal data, in particular agreements struck with the United States under the Foreign Account Tax Compliance Act (FATCA), in order to make these agreements compliant with the General Data Protection Regulation (GDPR). Four years later, and not a single Member State has published the required evaluation. This inaction constitutes a blatant violation of the obligation of responsibility laid down in Article 24 of the GDPR. During this time, the data of thousands of EU citizens continues to be passed on to the Internal Revenue Service (IRS), the US tax authority, without demonstrated legal safeguards.

    In France, the Finance Act for 2022 required the French Government to submit a report on the implementation of its information exchange commitments, in line with the GDPR and the recommendations of the EDPB. This report has never seen the light of day. The lack of political will to protect fundamental rights is clear.

    At the same time, the IRS publicly asserts its right to collect data outside the United States, in total disregard of EU legislation.

    • 1.Does the Commission consider it acceptable that this situation persists?
    • 2.Does the Commission plan to launch infringement proceedings against the Member States that are failing to fulfil their obligations under EU law?
    • 3.And, above all: is the Commission finally ready to guarantee that EU citizens’ data will be duly protected, even from non-EU powers?

    Submitted: 14.5.2025

    Last updated: 22 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – Deal on patent rules exception to ensure the supply of critical products

    Source: European Parliament

    The new rules will ensure that the EU will be able to secure the necessary supply of crisis-relevant products and technologies that are otherwise protected by patents.

    European Parliament and EU government negotiators reached an agreement on new legislation ensuring availability of crisis-relevant products, such as vaccines or chips, during emergencies. According to the new bill, the EU will be able to issue special permission for the production of patent-protected goods during cross-border emergencies, without needing the authorisation of the rights-holder. This would allow the immediate production, for example, of vaccines or therapeutics also by other companies than the one holding the patent.

    This special permission, known as compulsory license, can be issued by the European Commission in clearly defined emergencies, such as a cross-border health crisis or internal market emergency, with specified scope, territorial coverage and duration. It would be used only as a last resort and only in cases where a voluntary agreement between rights-holder and licensee could not be reached. The new law will not apply to defence-related products. In the process of launching the compulsory license procedure, the Commission will have to identify all related intellectual property rights and their holders.

    Right to compensation and fines for breaches

    The rights-holder would also be entitled to appropriate remuneration for the use of their patent by the licensee. The amount and timeframe for payment would be determined by the Commission and specified in the compulsory license. The regulation does not require the disclosure of trade secrets.

    The new rules also clarify obligations for licensees, e.g. not to produce more products than a set maximum amount and to label the products manufactured under compulsory license. Should a licensee breach the agreed obligations, such as producing more products than allowed or exporting them from the EU, the Commission can impose a fine not exceeding €300,000 and in the case of small or medium-sized enterprise not exceeding €50,000.

    Consulting advisory body, rights-holders and licensees

    A competent advisory body, or if such an organisation does not exist, an ad-hoc advisory body will issue its non-binding opinion on the need to grant an EU compulsory license. Rights-holders and licensees will also be consulted during the process and notified of the termination or expiry of a compulsory license.

    Quote

    Following the negotiations, rapporteur of the Legal Affairs Committee Adrián Vázquez Lázara (EPP, ES) said: “I am proud to see this regulation adopted. It strikes a crucial balance between protecting intellectual property rights and ensuring that, in times of crisis, essential technologies and products can be made available swiftly across the Union. This framework enhances our collective preparedness and reinforces the EU’s commitment to both innovation and public welfare.”

    Next steps

    Once formally approved by the Parliament as a whole and the member states, the regulation will enter into force one day after its publication in the Official Journal.

    Background

    The European Commission presented its proposal on compulsory licensing in April 2023, as part of the EU patent package focusing on completion of the Single Market for patents. It was its reaction to the European Parliament resolution of November 2021, where it called on the Commission to analyse the possibility of compulsory licencing at the EU level.

    MIL OSI Europe News –

  • MIL-OSI USA: Trying to Reason with Hurricane Season: CPSC Tips to Keep Americans Safe

    Source: US Consumer Product Safety Commission

    WASHINGTON, D.C. – June 1 marks the start of the 2025 Atlantic hurricane season. The U.S. Consumer Product Safety Commission (CPSC) is warning consumers along the Atlantic Seaboard and the Gulf of America about the increased risk of carbon monoxide (CO) poisoning, fires and electric shock after hurricanes and severe storms hit.
    “These storms bring along with them power, devastation and destruction of their own,” said CPSC Acting Chairman Peter Feldman. “However, the dangers associated with these storms do not end when the winds and rain subside. I urge all Americans to follow CPSC’s safety tips this hurricane season to do their best to be safe before, during and after the storms.”
    Consumers need to be especially careful when storms knock out electrical power. CO poisoning from portable generators can kill whole families in minutes. CO is called the invisible killer because it is colorless and odorless, and its poisoning can happen in only a matter of minutes. Sadly, people can become unconscious even before recognizing symptoms of nausea, dizziness or weakness. 
    Unfortunately, CO poisoning claims the lives of hundreds of people each year. When we see these deaths occur from generators when the power is out, it makes the storm’s effects that much more devastating. To mitigate their risk of CO poisoning, consumers should follow these safety tips to protect their families, especially during the Atlantic hurricane season lasting from the beginning of June to the end of November. 
    Loss of Power—Using a Generator Safely

    NEVER use a portable generator inside a home, garage, basement, crawlspace, shed or other enclosed spaces, even with the doors open. Opening doors or windows will not provide enough ventilation to prevent the buildup of lethal levels of CO.
    Use portable generators outside only, at least 20 feet away from home and any other buildings. Don’t use a generator on a porch or in a carport; it’s too close to your home and puts your family at risk of CO poisoning. Direct the generator’s exhaust away from your home and other buildings where someone can enter. Close windows and seal off vent openings that are near the generator or in the path of its exhaust.
    Follow portable generator instructions about electrical shock hazards in inclement weather. These instructions may include use of an NFPA-rated non-combustible generator tent or may state to wait to use until rain passes.
    Regularly check and maintain your portable generator to ensure that it will work properly when needed. Read and follow all labels, instructions and warnings on the generator and in the owner’s manual.
    Look for portable generators that have a CO shut-off safety feature. This safety feature automatically shuts off the generator when high levels of CO are present around the generator. Models that are certified to the latest PGMA G300-2023 and UL 2201 safety standards are estimated to reduce deaths from CO poisoning by 86% and 100% respectively. 
    UL 2201 certified models have reduced CO emissions in addition to the CO shut-off feature.

    Check CO and Smoke Alarms

    Working smoke and CO alarms save lives! Install working CO and smoke alarms (battery-operated or with battery backup) on every level and outside sleeping areas at home. Interconnected alarms are best; when one sounds, they all sound. 
    Make sure smoke alarms are installed inside each bedroom.  
    Test CO and smoke alarms monthly to make sure they are working properly, and replace batteries, if needed. Never ignore an alarm when it sounds. Get outside immediately. Then call 911.

    Dangers with Charcoal and Candles

    Never use charcoal indoors. Burning charcoal in an enclosed space can produce lethal levels of carbon monoxide. Do not cook on a charcoal grill in a garage, even with the garage door open.
    Use caution when burning candles. Use flashlights or battery-operated candles instead. If using candles, do not burn them on or near anything that can catch fire. Never leave burning candles unattended. Extinguish candles when leaving the room and before sleeping.

    If Your Home Floods—Dangers with Wet Appliances

    Look for signs that your appliances have gotten wet. Do not touch wet appliances that are still plugged into an electrical source. 
    Before using your appliances, have a professional gas or electric company representative evaluate your home and replace all gas control valves, electrical wiring, circuit breakers, and fuses that have been under water.

    Dangers with Gas Leaks: 

    If you smell or hear gas leaking, leave your home immediately and contact local gas authorities from outside the home. Do not operate any electronics, such as lights or phones, before leaving.

    CPSC resources:
    Carbon Monoxide Safety Center
    PSA – One portable generator produces the same amount of Carbon Monoxide as hundreds of cars
    PSA – Una planta eléctrica produce la misma cantidad de monóxido de carbono como cientos de autos
    Link to broadcast quality video for media: 
    Hurricane B-Roll – https://spaces.hightail.com/space/XtFQ7YqK0x
    Individual Commissioners may have statements related to this topic.  Please visit www.cpsc.gov/commissioners to search for statements related to this or other topics.

    About the U.S. CPSCThe U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risk of injury associated with the use of thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. Since the CPSC was established more than 50 years ago, it has worked to ensure the safety of consumer products, which has contributed to a decline in injuries associated with these products. 
    Federal law prohibits any person from selling products subject to a Commission ordered recall or a voluntary recall undertaken in consultation with the CPSC.
    For lifesaving information:

    MIL OSI USA News –

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – DUNDEE PRECIOUS METALS INC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		    
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree    		 Dundee Precious Metals Inc  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure    		 21 May 2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”    		 NO  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
       
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: Common (CA2652692096)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 8,334,783 4.99 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 8,334,783 * 4.99 %      
    * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 17,900 shares that are included in the total above.  
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    		  
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    		  
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
             
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 22 May 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Bitget Wallet Unveils Full-Stack Roadmap Across Trade, Earn, Pay, and Discover

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 22, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has unveiled its product roadmap following a recent brand overhaul, outlining a series of updates designed to simplify crypto and expand real-world use. The roadmap is built around four core functions—Trade, Earn, Pay, and Discover—and is backed by a $1 million community incentive campaign and the launch of a global Champion Program aimed at accelerating adoption. These initiatives are part of Bitget Wallet’s broader Crypto for Everyone movement, which focuses on making self-custody tools more accessible, intuitive, and useful in everyday life.

    “Bitget Wallet is no longer just a place to store tokens — it’s becoming the starting point for how people trade, earn, pay, and explore onchain,” said Alvin Kan, COO of Bitget Wallet. “This roadmap is about delivering smarter, simpler crypto experiences that solve real user pain points and bring crypto closer to everyday life.”

    With over 80 million users globally, Bitget Wallet has evolved from a basic wallet app into a full-featured gateway for onchain activity. Its trading experience now covers the entire flow — discover, analyze, and execute — with tools like Hot Picks, real-time alerts, and curated token insights designed to surface early-stage opportunities. Through Bitget Wallet Alpha, users can monitor smart money movements, onchain behaviors such as sniper bots and dev wallet activity, and access tools including market charts, AI-generated summaries, and sentiment feeds. Trades are executed through a one-click, gas-free Super DEX that aggregates liquidity across 100+ DEXs and supports tokens across 130+ blockchains, with MEV protection and dynamic slippage built in.

    To help users grow their assets, Bitget Wallet currently offers one-click staking and automated yield generation, and will soon launch its Simple Yield Vault, enabling balances to earn interest automatically while remaining instantly spendable. Future updates include support for tokenized real-world assets, such as stocks, bonds, and gold, allowing users to manage diversified portfolios directly within the app. An upgraded Earn Dashboard will offer performance tracking with gain charts and detailed earning breakdowns.

    On the payments front, Bitget Wallet is one of the first wallets to integrate a built-in shop page, where users can purchase goods and services from over 300 brands using crypto — without needing to convert to fiat. From mobile top-ups and gaming to travel and e-commerce, the shop covers major global merchants like Amazon, Google Play, Shopee, and more. Through Payfi integrations, the wallet is the only self-custodial wallet supporting maximum payment flexibility via crypto cards, QR code scans, and in-app purchases. Integrations with national QR code systems in Asia and Latin America are also underway to support local merchant payments. The Bitget Wallet Card is already live in Asia, with further expansion in Europe and Latin America to support everyday crypto spending globally.

    To make onboarding easier, Bitget Wallet will soon launch Simple Mode in selected regions, offering a streamlined interface where the concept of gas and chains are completely abstracted away and tailored to Web3 newcomers. A new AI-powered support chatbot is in development to assist users in real time. In parallel, the platform’s Discover page is being upgraded into a central hub for onchain activity, featuring a smart DApp browser, testnet tools, multi-chain playbooks, and push notifications for airdrops and project updates, making it easier for users to navigate the broader Web3 ecosystem.

    Security continues to be a core focus. Bitget Wallet uses advanced encryption and MPC-based recovery to simplify account access without relying on traditional seed phrases. Real-time risk detection, phishing alerts, and smart transaction protections work together to help users stay safe. As wallets expand from basic storage into multi-functional financial apps, Bitget Wallet continues to prioritize both security and simplicity across user experience.

    Bitget Wallet’s roadmap highlights its broader vision of building a crypto wallet for everyone — from first-time users to advanced traders. With nearly 100 Web3 projects joining its Crypto for Everyone Movement, Bitget Wallet is launching new user onboarding programs, educational initiatives, and ecosystem partnerships — backed by a $1 million incentive campaign to drive adoption. Complementing these efforts, the Bitget Wallet Champion Program empowers community leaders and content creators worldwide to drive Web3 adoption through education, engagement, and exclusive rewards. The wallet aims to close the gap between crypto and real-world usage, enabling anyone to benefit from Web3 — wherever they are on their journey.

    For more details on the product roadmap, please visit the Bitget Wallet blog.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4ceb2d7f-2514-45ba-9ea9-1764091b44c8

    The MIL Network –

  • MIL-OSI: Amplify Energy to Participate in the 2025 Louisiana Energy Conference

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, May 22, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that the Company will be participating in the 2025 Louisiana Energy Conference on Wednesday, May 28th at the Four Seasons in New Orleans, LA.

    Amplify’s President and Chief Executive Officer, Martyn Willsher, will be participating in a panel discussion regarding the topic of “Small Cap E&Ps See Value Creation in U.S. Basins Beyond the Permian.” In addition, Mr. Willsher will be available to meet with investors during the conference.

    About Amplify Energy

    Amplify Energy Corp. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties. Amplify’s operations are focused in Oklahoma, the Rockies (Bairoil), federal waters offshore Southern California (Beta), East Texas / North Louisiana, and the Eagle Ford (Non-op). For more information, visit www.amplifyenergy.com.

    Investor Relations Contacts

    Jim Frew – Senior Vice President and Chief Financial Officer
    (832) 219-9044
    james.frew@amplifyenergy.com

    Michael Jordan – Director, Finance and Treasurer
    (832) 219-9051
    michael.jordan@amplifyenergy.com

    The MIL Network –

  • MIL-OSI Economics: Secretary-General of ASEAN to participate in the 46th ASEAN Summit, 2nd ASEAN- GCC Summit and ASEAN-GCC-China Summit, in Kuala Lumpur, Malaysia

    Source: ASEAN

    At the invitation of The Honourable Dato’ Seri Anwar Ibrahim, Prime Minister of Malaysia and Chair of ASEAN for 2025, Secretary-General of ASEAN, Dr. Kao Kim Hourn, will lead the ASEAN Secretariat Delegation to participate in the 46th ASEAN Summit, 2nd ASEAN Gulf Cooperation Council (GCC) Summit and ASEAN-GCC-China Summit to be held in Kuala Lumpur, Malaysia, on 26-27 May 2025, under the theme “Inclusivity and Sustainability.”
     
    The series of meetings will also include the ASEAN Leaders’ Interface with Representatives of the ASEAN Inter-Parliamentary Assembly (AIPA), ASEAN Leaders’ Interface with Representatives of ASEAN Youth, and ASEAN Leaders’ Interface with Representatives of ASEAN Business Advisory Council (ASEAN-BAC).
     
    Prior to the Summits, Dr. Kao will also take part in the ASEAN Foreign Ministers’ Meeting (AMM), 29th ASEAN Political-Security Community (APSC) Council Meeting, 25th ASEAN Economic Community Council (AECC) Meeting and the 36th ASEAN Coordinating Council (ACC) Meeting, on 25 May 2025.
     
    Dr. Kao is also expected to hold bilateral meetings with high-level dignitaries from ASEAN, ASEAN’s external partners as well as from international organisations to exchange views on enhancing existing cooperation, exploring new areas for collaboration and advancing ASEAN Community-building efforts. Dr. Kao will also engage in media interviews to promote ASEAN’s diplomacy, visibility and awareness.
     
    The series of high-level meetings will provide an excellent opportunity to take stock of ASEAN’s progress, set future directions and reaffirm ASEAN’s commitment to regional peace, stability, and sustainable development, especially in a time when ASEAN embarks on ASEAN Community Vision 2045, a historic 20-year vision of ASEAN
    The post Secretary-General of ASEAN to participate in the 46th ASEAN Summit, 2nd ASEAN- GCC Summit and ASEAN-GCC-China Summit, in Kuala Lumpur, Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Development Asia: Women as Agents of Change: Shaping Resilience through Sponge Cities

    Source: Asia Development Bank

    One of the strongest success factors behind SZWG’s gender action plan was leadership commitment, particularly from senior champions like Vice President Ji, who modeled inclusive leadership and advocated for key reforms such as the Childcare Leave policy.

    Another key enabler was the Women’s Committee, which acted as an internal driver for change. By working closely with HR and the Labor Union, the committee translated employee needs into concrete actions—such as the successful launch of subsidized psychological counseling during the pandemic. This responsiveness built trust and ensured that such initiatives were grounded in workforce needs.

    Setting measurable targets for women in leadership also proved effective in raising awareness and accountability, particularly in a sector with historically low female representation.

    What could have made this even stronger? Formalizing these successes into policy. Making inclusion targets part of official HR practices, like setting leadership benchmarks, would help ensure long-term progress, not just one-time wins.

    Inclusion should not be isolated to certain departments or administrative roles. Women have a crucial role to play in water management itself. At SZWG, female staff are increasingly involved in technical training, innovation, and knowledge-sharing on sponge city development and smart water systems. Their growing presence in technical roles has improved outcomes and sparked more holistic, community-minded solutions.

    Key takeways for other organizations

    • Find and empower visible champions who can push for bold, practical reforms.
    • Establish women-led groups to keep inclusion efforts grounded in staff needs.
    • Turn early wins into long-term policy—think beyond awareness and into accountability.
    • Actively involve women in innovation, decision-making and technical fields.
    • Support employee well-being, not as an add-on, but as a foundation for inclusive culture.

    When women are empowered—not only in the workplace but also as decision-makers and innovators in the water sector —they become powerful agents of change. SZWG’s experience shows that by investing in women’s leadership, both within the organization and across the sector, it’s possible to drive smarter solutions and build more resilient cities. This is how resilience is built—through inclusive leadership and smart urban water systems shaped by diverse voices.

    [1] SZWG’s sponge city development is guided by modeling of surface water, weather patterns, drainage systems, and groundwater. It involves low-impact development techniques such as the use of wetlands, permeable pavements, rainwater gardens, green roofs, storage facilities, wastewater reuse, and managed aquifer recharge.

    MIL OSI Economics –

  • MIL-OSI USA: Governor Newsom announces appointments 5.21.25

    Source: US State of California 2

    May 21, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Armen Meyer, of San Francisco, has been appointed Senior Deputy Commissioner for the Division of Consumer Financial Protection at the California Department of Financial Protection and Innovation. Meyer has held several positions at the American Fintech Council since 2021 including Co-Founder, Advisor, and Board Member. He has held several positions at Millenia Capital since 2021, including Advisor and General Partner. Meyer held multiple positions at LendingClub and LendingClub Bank from 2017 to 2023, including Head of the Public Policy and Government Affairs Team and Vice President of Regulatory Strategy and Policy. He held multiple positions at PriceWaterhouseCoopers from 2011 to 2017, including Managing Director for Financial Services Advisory, Director of Regulatory Strategy, and Chief of Staff for Financial Services Regulatory. Meyer held multiple positions at the New York Banking Department from 2009 to 2011, including Chief of Staff and Senior Advisor to the Superintendent. He held multiple positions in the New York Executive Office from 2007 to 2009, including Assistant Secretary for Economic Development and Communications Director to the Lieutenant Governor. Meyer is an Advisor to FS Vector, FairplayAI, Spring Labs, Pontoro, Raido Capital, University of California Berkeley SkyDeck, The AI Education Project, and Fordham University’s College at Lincoln Center. He is a Board Member of the Gaidz Foundation for Armenian heritage and Valt. Meyer is Head of Partnerships for the Harvard Business School Alumni Angels of Northern California, and a member of the National Community Reinvestment Coalition’s Innovation Council, the Exchequer Club of Washington DC, Armenian Assembly and Armenians in Banking and Finance, and supporter of The Mechanicals Theater Company. He earned a Juris Doctor degree from Harvard Law School, a Master of Public Administration degree from the Harvard Kennedy School of Government, and a Bachelor of Arts degree in Math from Fordham University. This position does not require Senate confirmation, and the compensation is $195,564. Meyer is a Democrat.

    Jacob Arkatov, of Los Angeles, has been appointed to the Medical Board of California. Arkatov has been an Associate at O’Melveny & Myers since 2022. He earned a Juris Doctor degree from Harvard Law School and a Bachelor of Arts degree in Government from Georgetown University. This position requires Senate confirmation, and the compensation is $100 per diem. Arkatov is a Democrat.

    Peter Brierty, of Highland, has been appointed to the Southwestern Low-Level Radioactive Waste Commission. Brierty has been a Retired Annuitant at the San Bernardino County Fire Department since 2025. He was a Project Manager at Pacific Heritage, Inc. from 2017 to 2023. Brierty held multiple positions at the San Bernardino County Fire Department from 1978 to 2013, including Fire Marshal, Assistant Chief, and Division Manager. Brierty is the President of the Childhood Cancer Foundation of Southern California and a Member of the Fire and Burn Foundation at the San Bernardino County Arrowhead Regional Medical Center. He earned a Bachelor of Science degree in Health Science from California State University, San Bernardino. This position requires Senate confirmation, and the compensation is $100 per diem. Brierty is a Democrat.

    Tom Hallinan, of Modesto, has been appointed to the California Board of Professional Engineers, Land Surveyors, and Geologists. Tom has been a Deputy District Attorney at the Stanislaus County District Attorney Office since 2024 and a Partner at White Brenner LLP since 2012. Hallinan earned a Juris Docter degree from Lincoln School of Law and a Bachelor of Arts degree in Philosophy from California State University, Fresno. He is a member of the Central Valley City Attorney’s Association. This position does not require senate confirmation, and the compensation is $100 per diem. Hallinan is a Democrat.

    Amanda Steidlmayer, of Woodland, has been appointed to the California Architects Board. Steidlmayer has been the Director of Professional Development at the University of California Davis School of Veterinary Medicine since 2022. She was a Program Manager for the University of California, Davis School of Veterinary Medicine from 2018 to 2022. She was a Strategic Initiatives Coordinator for the University of California, Davis Graduate Studies Office from 2013 to 2018. She was the Director of Academic Operations and Planning at the University of Davis, California Graduate School of Management from 2013 to 2016. Steidlmayer earned a Master of International Public Policy degree from the University of California, San Diego and a Bachelor of Science degree in Community and Regional Development from University of California, Davis. This position does not require senate confirmation, and the compensation is $100 per diem. Steidlmayer is a Democrat.

    Pamela Brief, of La Crescenta, has been reappointed to the Landscape Architects Technical Committee, where she has served since 2020. Brief has been President of Pamela Studios since 2012. She was Senior Principal at NUVIS from 2019 to 2020. Brief was Senior Principal at Jerde Partnership from 2007 to 2008. She was President of Schirmer Design from 2004 to 2007. Brief was a Landscape Designer and Principal at Walt Disney Imagineering from 1992 to 2004. Brief earned a Bachelor of Science degree in Landscape Architecture from Ohio State University. She is a member of the American Society of Landscape Architects, Association of Women in Architecture + Design, and Friends of the LA River. This position does not require Senate confirmation, and the compensation is $100 per diem. Brief is a Democrat.

    Press releases, Recent news

    Recent news

    May 20, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Matthew Read, of Sacramento, has been appointed Chief Counsel at the Governor’s Office of Land Use and Climate Innovation. Read has been Acting Chief Counsel at the Governor’s Office of…

    May 20, 2025

    News What you need to know: Governor Newsom issued a statement today after U.S. Senate Republicans announced plans for an illegal vote this week that would undo California’s clean cars and trucks program. SACRAMENTO – Governor Gavin Newsom today issued a statement on…

    May 20, 2025

    News What you need to know: State and local law enforcement partners seized $123.5 million in illegal cannabis in the Central Valley. SACRAMENTO – In its largest operation to date, the state’s task force dedicated to eradicating illegal cannabis operations conducted a…

    MIL OSI USA News –

  • MIL-OSI: Form 8.3 – [CRANEWARE PLC – 21 05 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 CRANEWARE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 21 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,713,787 4.8399    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,713,787 4.8399    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 300 2089.4286p
    1p ORDINARY SALE 708 2120.4p
    1p ORDINARY SALE 45 2125p
    1p ORDINARY SALE 350 2150p
    1p ORDINARY SALE 140 2152p
    1p ORDINARY SALE 1,960 2160.5p
    1p ORDINARY SALE 400 2161p
    1p ORDINARY SALE 50 2165p
    1p ORDINARY SALE 125 2170p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 22 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Form 8.3 – [GLOBALDATA PLC – 21 05 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 GLOBALDATA PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 21 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.01p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,058,455 1.3711    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,058,455 1.3711    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.01p ORDINARY SALE 3,825 190.52p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 22 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: America First Healthcare Reviews: What Clients Are Saying About Their Coverage

    Source: GlobeNewswire (MIL-OSI)

    ORLANDO, Fla., May 22, 2025 (GLOBE NEWSWIRE) — Americans praise transparency, compassion, and real savings in a marketplace plagued by confusion and mistrust.

    More than ever, they’re turning to private health insurance solutions that prioritize honesty, affordability, and clarity as the U.S. healthcare landscape changes. One Florida-based company, America First Healthcare, is gaining traction for doing just that, and verified reviews from both the Better Business Bureau (BBB) and Trustpilot suggest that clients are noticing the difference.

    Founded by entrepreneur Jordan Sarmiento after a personal medical crisis left him with $95,000 in hospital bills, America First Healthcare was built to give Americans a straightforward, trustworthy path to health coverage. Sarmiento says, “I created this company so no one else would have to go through what I did. I used to feel helpless, overwhelmed, and unprotected.”

    And according to dozens of clients, that mission is succeeding.

    Customers have shared detailed accounts of exceptional service on the Better Business Bureau, where America First Healthcare is BBB-accredited with an A rating. In one verified five-star review, a customer wrote:

    “Daniel was extremely helpful and answered every question I had. He thoroughly explained my coverage options and was very pleasant. Would definitely recommend America First Healthcare.” – BBB Verified Reviewer, December 2024

    Based on verified reviews, America First Healthcare holds a TrustScore of over four stars with more than 90% positive reviews on Trustpilot. One recent reviewer enjoyed their experience with the company:

    “I want to extend my sincere appreciation to Alejandro Ustariz for his outstanding service and support in helping me secure excellent dental insurance coverage. From the very beginning, he was knowledgeable, patient, and attentive to my specific needs. He spent ample amount of time to explain all the available options in a clear and understandable way, ensuring I made an informed decision.” – Verified Trustpilot Review, May 1 2025

    Another client wrote:

    “I want to extend my sincere appreciation to Alejandro Ustariz for his outstanding service and support in helping me secure excellent dental insurance coverage. From the very beginning, he was knowledgeable, patient, and attentive to my specific needs. He spent ample amount of time to explain all the available options in a clear and understandable way, ensuring I made an informed decision.” – Verified Trustpilot Review, February 2024

    Sarmiento, who founded the company with a belief in small government and free-market healthcare solutions, has made it clear that America First Healthcare’s goal is not just to sell policies, but to rebuild trust in private insurance.

    The founder, Sarmiento, says “Our advisors aren’t taught to close deals, they’re taught to care,” said Sarmiento. “We listen before we recommend. We explain without jargon. And we serve people like they matter. Because they do.”

    With a growing footprint nationwide and a client base that includes families, small business owners, and independent contractors, the company is quickly becoming a voice for Americans seeking health insurance without the games.

    Jordan Sarmiento and America First Healthcare are changing the tone of health insurance, one honest conversation at a time.

    ABOUT AMERICA FIRST HEALTHCARE
    America First Healthcare is a private health insurance agency headquartered in Orlando, Florida. It is dedicated to helping Americans find honest, affordable healthcare coverage that works for their needs, not against them. Founded in 2021, the company believes in transparency, values-first service, and putting people over profits.

    MEDIA CONTACT
    Jordan Sarmiento
    Founder & CEO, America First Healthcare
    Email: info@americafirsthealthcare.com
    Address: 7700 Southland Blvd, Orlando, FL 32809
    Website: https://americafirsthealthcare.com

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network –

  • MIL-OSI Economics: Thales Reinforces Commitment to Malaysia at LIMA 2025 with New Leadership and Contracts Awarded

    Source: Thales Group

    Headline: Thales Reinforces Commitment to Malaysia at LIMA 2025
    with New Leadership and Contracts Awarded

    • As a strategic partner in helping Malaysia achieve air sovereignty, Thales has been awarded the role to supply two additional Ground Master 400 Alpha (GM400α) radars by the Ministry of Defence for the Royal Malaysian Air Force (RMAF), following the previous contract for the first radar at the end of 2023.
    • Thales will enhance tactical communications for land forces and reinforce its radio communications capabilities through the signing of a strategic MoU with Malaysian defence partner, ADS, to collaborate on radio projects.
    • Thales has also been selected to deploy the AW139 flight simulator to the Royal Malaysian Police with local partner Novatis Resources through the LOA signed in presence of Thales.
    • To drive the Thales business forward, Florian Riou has been appointed Country Director for Thales in Malaysia, effective 1 July 2025.
    Thales’s GM400α radar © Thales” id=”image-a30cd6be-5247-44f2-87e6-7e1b9bfd9e1d” data-id=”a30cd6be-5247-44f2-87e6-7e1b9bfd9e1d” data-original=”https://cdn.uc.assets.prezly.com/a30cd6be-5247-44f2-87e6-7e1b9bfd9e1d/-/inline/no/ABC.jpg” data-mfp-src=”https://cdn.uc.assets.prezly.com/a30cd6be-5247-44f2-87e6-7e1b9bfd9e1d/-/format/auto/” alt=”Thales’s GM400α radar © Thales”/>
    Thales’s GM400α radar © Thales

    On the occasion of the LIMA 2025 exhibition in Langkawi, Thales’ commitment to Malaysian defence is once again recognised by the Malaysian Ministry of Defence and Armed Forces. With a steady economic growth outlook, the Malaysian government is keen to advance the country’s military modernisation and Thales remains at the forefront of this, with the Memorandum of Understanding & Letter of Award received for equipment ranging from radars to radios.

    I. Two additional GM400α long-range radars for superior situational air awareness

    To strengthen the air surveillance and air defence capabilities of the Royal Malaysian Air Force (RMAF), Thales will supply two additional long-range air surveillance GM400α radars, following the ceremony held on Day 3 of LIMA 2025, in presence of Francois-Xavier Boutes, Country Director of Thales Malaysia and YBhg Datuk Lokman Hakim bin Ali, Secretary General from the Ministry of Defence, and witnessed by YB Dato’ Seri Mohamed Khaled bin Nordin, Minister of Defence. The award of these two additional radars underscores the trust held by the RMAF in Thales’ radar technology, following the first GM400α contract signed at the end of 2023. Thanks to its high mobility, high availability, easy upgradeability and seamless integration, the GM400α offers armed forces with a valuable tool to gain tactical advantage, detecting all types of threats early and providing precious minutes for decision-making and action (515km range). Today more than 270 Ground Master field-proven family air surveillance radars have been sold worldwide.

    In Malaysia, Thales will partner Weststar Group once again to deploy the radars in line with the operational requirements of the RMAF. Thales will also engage in the Transfer of Knowledge and Train-the-Trainer courses delivered under the Industrial Collaboration Programme (ICP), while strengthening its installed base in Malaysia for long-range surveillance radars. By building local expertise, Thales will enhance the efficiency of radar maintenance, enhance the autonomy of the RMAF and ensure timely on-ground maintenance support close to the end-users. Thales’ radar expertise in Malaysia runs deep, as the country was also the launch customer for the precursor GM400 radar in 2009.

    II. Enhancing tactical and radio communications for Malaysia

    To further deepen its expertise in radio and tactical communications, Thales has also signed a Memorandum of Understanding (MoU) with partner ADS Sdn. Bhd. Signed on Day 2 of LIMA between Brig Gen Dato’ Abdul Hadi bin Abdul Razak (R), ADS and Nicolas Bouverot, VP Thales Asia, the collaboration will see both parties working on the latest digital technologies for handheld radios and other tactical communications.

    III. A helicopter training simulator marks a first contract with Royal Malaysian Police (RMP)

    Pascale Sourisse, CEO, Thales International witnessed the signing of an LOA, together with Malaysian partner Novatis Resources to deliver a Reality-H® AW139 Full Flight Simulator (FFS) to be used for pilot training with the Royal Malaysian Police (RMP). The Thales Reality H Full Flight Simulator is the world’s most advanced commercial helicopter simulator, and will be qualified to meet Level D standard, the highest level of qualification for a simulator. This marks a first engagement with the RMP, where pilots of the Police Air Wing Training Academy and other government agencies including the fire brigade and coast guard can benefit from realistic and immersive training, customised to the Malaysian environment and terrain.

    IV. New leadership for Thales in Malaysia

    To drive the growing business in Malaysia, Florian Riou has been appointed Country Director for Thales in Malaysia and Brunei and will effectively take on the role on 1st of July 2025. Florian brings close to 18 years of professional experience in foreign trade policy and trade compliance, with roles held in the French Ministry of Economics and Finance and Safran Group. With Thales since 2017, Florian’s most recent role was as Group Trade Compliance Director for Thales, based in France.

    “These latest agreements are recognition of how Thales’ solutions are supporting the needs of the Malaysian government and Malaysian forces. Our air surveillance radars are bringing air superiority to the Royal Malaysian Air Force in some of most challenging tropical environments. In addition, our history in tactical radio communications dates back several decades in Malaysia and looks set to continue as we collaborate with strong local partners to develop home-grown expertise and joint solutions to support the Army. We appreciate the renewed trust established with Thales to help drive the modernisation of its armed forces.” Pascale Sourisse, CEO, Thales International.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Council leaders visit Portakabin to champion skills and apprenticeships

    Source: City of York

    The Deputy Leader of City of York Council, alongside senior council officers, recently visited the Portakabin head office in York.

    Portakabin, the market leader in the manufacture and construction of modular buildings, is one of York’s largest employers, with over 1,000 people working across its head office and manufacturing facility in the city. The company has proudly called York home for more than 60 years.

    As a globally recognised brand, Portakabin recently welcomed local leaders to its York headquarters to discuss future growth opportunities, the importance of strong public-private partnerships, and to reflect on recent successes, including a thriving apprenticeship scheme that is opening skilled career paths for young people across the region.

    The apprenticeship scheme at Portakabin offers its people development opportunities, with 98% of apprentices offered a full-time career with the company once their apprenticeship completes.

    Apprenticeships range from the required skills for modular building construction such as electrical apprenticeships, to product design, quantity surveying, finance, and marketing.

    Councillor Pete Kilbane, Deputy Leader of the Council with responsibility for Economy and Culture, said:

    I was delighted to accept the invitation from Portakabin to visit their head office and hear about the work taking place to provide skilled and well-paid jobs.

    “York is a fantastic place to do business, we have a highly skilled population, and it is a great place to live.

    “A key priority of this council is for the city to have a fair, thriving, green economy for all, which provides opportunities and well-paid jobs. Portakabin are one of many amazing businesses in York who will help us to achieve that ambition. It was particularly good to hear so much about their apprenticeship schemes and how that is turning into long-term careers for our young people.”

    Dan Ibbetson, CEO at Portakabin said:

    We were delighted to welcome Councillor Pete Kilbane to our Head Office here in York. We are proud to be a York based business, delivering exceptional spaces across the UK and Northern Europe from our home here in Huntington.

    “Our successes are testament to the people that work here, the highly skilled and motivated teams that deliver a meaningful impact both in work and the wider York community. It was a pleasure to give Councillor Kilbane and other senior leaders from the council an insight into the people, community and spaces we deliver here at Portakabin.”

    For businesses big and small there’s lots of support available to help your business prosper and thrive through the council’s Growth Managers. For more information visit our Grow Your Business webpage or email economicgrowth@york.gov.uk.

    MIL OSI United Kingdom –

  • MIL-OSI China: J-10CE fighter jet displayed at international maritime and aerospace exhibition in Malaysia 2025-05-22 17:43:03 The 17th Langkawi International Maritime and Aerospace Exhibition (LIMA 2025) kicked off at the Mahsuri International Exhibition Centre in Langkawi, Malaysia on May 20, 2025.

    Source: People’s Republic of China – Ministry of National Defense

      Key defense products developed by the Aviation Industry Corporation of China (AVIC), including the J-10CE fighter jet, are exhibited at the 17th Langkawi International Maritime and Aerospace Exhibition (LIMA 2025).

      LANGKAWI, Malaysia, May 22 — The 17th Langkawi International Maritime and Aerospace Exhibition (LIMA 2025) kicked off at the Mahsuri International Exhibition Centre in Langkawi, Malaysia on May 20, 2025.

      As the only Chinese defense product company present at the exhibition, the China National Aero-Technology Import & Export Corporation (CATIC), on behalf of the Aviation Industry Corporation of China (AVIC), exhibited multiple aviation equipment under the theme of “Power on Air”.

      The key defense products showcased by CATIC include the J-10CE fighter jet, the Y-20 transport aircraft, the FC-31 fighter jet, the Z-9ME helicopter, the Wing Loong II UAV, and the L-15 advanced jet trainer, with the J-10CE taking the lead. These warplanes are capable of conducting such operations as air combat operations, strategic projection, maritime offense and defense, unmanned combat operations, demonstrating the excellent technological strength of Chinese aviation equipment.

      The J-10CE fighter jet stood out among the exhibits, attracting many foreign visitors  to take photos before the J-10CE model on display.

      The J-10CE model displayed at the LIMA 2025 attracts great attention from foreign visitors.

    loading…

    MIL OSI China News –

  • MIL-OSI United Kingdom: Funding for Major City Projects Welcomed

    Source: Scotland – City of Dundee

    Funding from the Scottish Government to assist major projects in Dundee is being welcome by senior councillors.

    Awards will be used to support development of the Dundee Museum of Transport at the former Maryfield tram depot and assist efforts to improve the Lochee area of the city.

    £1 million is coming from the Scottish Government’s Regeneration Capital Grant Fund for the museum of transport. (link to museum news release on website)

    Meanwhile, the Scottish Government’s Vacant & Derelict Land Investment Programme is awarding £695,000 towards the ongoing Lochee Placemaking Project.

    This will support work to improve and unlock a number of vacant sites along Lochee High Street.

    Scottish Government investment will allow the addition of a major new water and drainage system in the High Street to allow development of social housing.

    Councillor Steven Rome, Dundee City Council convener of Fair Work, Economic Growth and Infrastructure, said: “I am delighted that the Dundee Museum of Transport is receiving another major award to help in the journey to redevelop the former tram depot into a new attraction..

    “There is real excitement building around the project and I would like to congratulate all connected with the museum for this significant step forward.”

    Depute convener of Fair Work, Economic Growth and Infrastructure Cllr Siobhan Tolland, added: “I welcome funding from the Scottish Government which will help us to invest in the future of Lochee.

    “This will assist in transforming currently derelict sites making them viable for the development of much needed social housing in the area.”

    “The Lochee Placemaking project, which will be taken forward with Scottish Water, will provide drainage solutions at locations on Lochee High Street, Bank Street and the former Bright Street church.

    “It will allow us to take forward positive projects for the area and its people.”

    The Lochee Placemaking Project is already underway with refurbishment of two shop units, while preparation work is taking place for a major new mural at Bank Street.

    A new landscaped area will be provided at the corner of Bank Street and High Street and a heritage trail will be established.

    Construction works are expected to start in autumn and will continue into early next year.

    Support has come from the Lochee Residents and Tenants association and Love Lochee who have raised funds for the heritage trail and mural and assisted the council in efforts to attract funding.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Samotlorneftegaz’s new special solution production unit increases oilfield service efficiency

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Samotlorneftegaz, one of Rosneft’s key production assets, has commissioned a mobile unit for the production of a specialized solution for geological and technical activities and well repair. The unit improves the economic efficiency of oilfield services and environmental performance, including by eliminating the need to take water from natural sources.

    The unit with a capacity of 350 m3 per day is integrated into the reservoir pressure maintenance system for using produced water instead of natural water. The modular design includes specialized units with pumps, equipment for preparing solutions and dosing reagents, mixing and storage tanks, and a trestle for unloading the finished solution.

    The production cycles are fully automated. This allows to significantly reduce the preparation time and improve the quality of the solution. All equipment is domestically produced and has high resistance to temperature changes in the climatic conditions of Siberia.

    Rosneft prioritizes innovation and defines technological leadership as a key factor in competitiveness in the oil market. The company also implements a number of large-scale environmental programs, minimizes its environmental impact, and improves the environmental friendliness of its production.

    Reference:

    Samotlorneftegaz, one of Rosneft’s key production assets, is developing Russia’s largest Samotlor field in the Khanty-Mansi Autonomous Okrug – Yugra. The total area of the company’s licensed sites is 2.9 thousand square kilometers.

    Department of Information and Advertising of PJSC NK Rosneft May 22, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI: Aurora Mobile’s Overseas Cumulative Contract Value Surpasses RMB100 Million, Fueled by New Contracts in First Quarter of 2025

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, May 22, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that the cumulative contract value of its overseas businesses exceeded RMB100 million, as of March 31, 2025. During the first quarter of 2025, the Company signed new contracts with total value over RMB50 million. Revenue from these new contracts will be recognized in the Company’s financial statements according to their respective terms and conditions and service periods.

    In 2022, Aurora Mobile launched EngageLab, a forward-looking product designed for overseas markets. With its precise strategy and use-case driven technical services, EngageLab quickly gained a competitive edge and market recognition. With customers from 37 countries and regions worldwide, EngageLab’s strong performance has become the primary driver of the Company’s overseas revenue growth and established a solid foundation for the Company’s future development.

    Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “Breaking through RMB50 million in contract value for our overseas business in a single-quarter is a historic milestone for our company. This achievement reflects the growing global recognition of EngageLab, and its competitive advantage in multi-channel user engagement solutions. It attests to our market position as the preferred partner for businesses worldwide. EngageLab continues to fuel our growth by expanding our customer base and partnerships.”

    About Aurora Mobile Limited

    Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

    For more information, please visit https://ir.jiguang.cn/.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact:

    Aurora Mobile Limited
    E-mail: ir@jiguang.cn

    Christensen

    In China
    Ms. Xiaoyan Su
    Phone: +86-10-5900-1548
    E-mail: Xiaoyan.Su@christensencomms.com

    In US
    Ms. Linda Bergkamp
    Phone: +1-480-614-3004
    Email: linda.bergkamp@christensencomms.com

    The MIL Network –

  • MIL-OSI: Computer Modelling Group Announces Year-End Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 22, 2025 (GLOBE NEWSWIRE) — Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three months and year ended March 31, 2025, and the approval by its Board of Directors (the “Board”) of the payment of a cash dividend of $0.05 per Common Share for the fourth quarter ended March 31, 2025.

    FOURTH QUARTER 2025 CONSOLIDATED HIGHLIGHTS

    Select financial highlights

    • Total revenue increased by 4% (13% Organic decline(1) and 17% growth from acquisitions) to $33.7 million;
    • Recurring revenue(2) increased by 16% (7% Organic decline and 23% growth from acquisitions) to $24.2 million;
    • Adjusted EBITDA(1) increased by 2% to $10.5 million;
    • Adjusted EBITDA Margin(1) was 31%, compared to 32% in the comparative period;
    • Earnings per share was $0.06, a 33% decrease;
    • Free Cash Flow(1) decreased by 26% to $7.0 million; Free Cash flow per share decreased to $0.08 from $0.12.

    FISCAL 2025 CONSOLIDATED HIGHLIGHTS

    Select financial highlights

    • Total revenue increased by 19% (1% Organic decline and 20% growth from acquisitions) to $129.4 million;
    • Recurring revenue increased by 13% (1% Organic growth and 12% was growth from acquisitions) to $86.8 million;
    • Adjusted EBITDA increased by 2% to $44.0 million;
    • Adjusted EBITDA Margin was 34%, compared to 40% in the comparative period;
    • Earnings per share was $0.27, a 16% decrease;
    • Free Cash Flow decreased by 22% to $27.6 million; Free Cash flow per share decreased to $0.33 from $0.44.

    (1) Organic growth/decline, Adjusted EBITDA, Adjusted EBITDA Margin and Free Cash Flow are not standardized financial measures and might not be comparable to measures disclosed by other issuers. For more description see under “Non-IFRS Financial and Supplementary Financial Measures” heading.
    (2) Recurring revenue includes Annuity/maintenance licenses and Annuity license fee, and excludes Perpetual licenses and Professional Services.

    OVERVIEW

    Macroeconomic factors and political instability, combined with a low oil price environment, resulted in challenged organic growth this year, particularly in reservoir and production solutions, where lengthened deal cycles and cautious customer spending prevailed. Despite these challenges, we continued to execute on our strategic M&A roadmap, and revenue growth during the quarter and year-to-date, was supported by meaningful contributions from acquisitions. Adjusted EBITDA increases during the quarter and year-to-date were also supported by growth from acquisitions. Free Cash Flow decreased during the quarter and year-to-date due to pressures on top-line-growth, however, during the prior year period, Free Cash Flow also benefited from the tax deduction of approximately $4.6 million as a result of the acquisition of intellectual property. We generated $27.6 million of Free Cash Flow during fiscal 2025, maintaining our strong liquidity position and enabling us to invest in strategic acquisitions.

    As we look forward to fiscal 2026, excluding any impact from future acquisitions, we anticipate a reduction of between $6 – $7 million in professional services revenue compared to fiscal 2025 which may make it challenging to demonstrate total revenue growth. It is a goal of the company to shift the revenue mix towards a higher percentage of software revenue and the reduction in professional services is a natural part of the shift. Adjusted EBITDA and Adjusted EBITDA Margin may also show limited growth due to anticipated delays in cost-saving measures in taking effect, but this impact is expected to be limited to fiscal 2026.

    To ensure long-term resilience, we remain committed to evolving our business model through carefully targeted strategic acquisitions. Our acquisitions to date position us well by expanding our capabilities and helping to support long-term growth by complementing our core offering.

    SUMMARY OF FINANCIAL PERFORMANCE

         
      Three months ended March 31, Year ended March 31,
    ($ thousands, except per share data) 2025 2024 % change   2025 2024 % change  
    Annuity/maintenance licenses 19,436 19,661 (1 %) 77,525 71,530 8 %
    Annuity license fee 4,728 1,142 314 % 9,280 5,146 80 %
    Recurring revenue(1) (2) 24,164 20,803 16 % 86,805 76,676 13 %
    Perpetual licenses 554 2,130 (74 %) 5,617 5,739 (2 %)
    Total software license revenue 24,718 22,933 8 % 92,422 82,415 12 %
    Professional services 8,965 9,358 (4 %) 37,024 26,264 41 %
    Total revenue 33,683 32,291 4 % 129,446 108,679 19 %
    Cost of revenue 6,749 6,470 4 % 24,940 17,224 45 %
    Operating expenses                
    Sales & marketing 5,094 4,361 17 % 18,617 14,957 24 %
    Research and development 8,129 7,607 7 % 30,142 23,679 27 %
    General & administrative 4,876 5,576 (13 %) 21,599 18,835 15 %
    Operating expenses 18,099 17,544 3 % 70,358 57,471 22 %
    Operating profit 8,835 8,277 7 % 34,148 33,984 – %
    Net income 5,104 7,229 (29 %) 22,437 26,259 (15 %)
    Adjusted EBITDA (1) 10,500 10,295 2 % 44,009 43,345 2 %
    Adjusted EBITDA Margin (1) 31% 32%     34% 40%    
                     
    Earnings per share – basic & diluted 0.06 0.09 (33 %) 0.27 0.32 (16 %)
    Funds flow from operations per share – basic 0.10 0.13 (23 %) 0.38 0.47 (19 %)
    Free Cash Flow per share – basic (1) 0.08 0.12 (33 %) 0.33 0.44 (25 %)

    (1) Non-IFRS financial measures are defined in the “Non-IFRS Financial Measures” section. 
    (2) Included in the number is a reduction of $0.5 million and $0.8 million for the three months and year ended March 31, 2025, respectively ($0.1 million and $0.2 million for the three months and year ended March 31, 2024, respectively), attributed to the amortization of a deferred revenue fair value reduction recognized on acquisition.

    Q4 2025 Dividend

    Computer Modelling Group’s Board approved a cash dividend of $0.05 per Common Share. The dividend will be paid on June 13, 2025, to shareholders of record at the close of business on June 5, 2025.

    All dividends paid by Computer Modelling Group Ltd. to holders of Common Shares in the capital of the Company will be treated as eligible dividends within the meaning of such term in section 89(1) of the Income Tax Act (Canada), unless otherwise indicated.

    NON-IFRS FINANCIAL MEASURES AND RECONCILIATION OF NON-IFRS MEASURES

    Free Cash Flow Reconciliation to Funds Flow from Operations

    Free cash flow is a non-IFRS financial measure that is calculated as funds flow from operations less capital expenditures and repayment of lease liabilities. Free Cash Flow per share is calculated by dividing free cash flow by the number of weighted average outstanding shares during the period. Management believes that this measure provides useful supplemental information about operating performance and liquidity, as it represents cash generated during the period, regardless of the timing of collection of receivables and payment of payables, which may reduce comparability between periods. Management uses free cash flow and free cash flow per share to help measure the capacity of the Company to pay dividends and invest in business growth opportunities.

      Fiscal 2024 Fiscal 2025
    ($ thousands, unless otherwise stated) Q1   Q2   Q3   Q4   Q1   Q2   Q3   Q4  
    Funds flow from operations 7,920   11,491   8,477   10,367   6,515   7,101   9,937   8,227  
    Capital expenditures (45 ) (51 ) (459 ) (95 ) (93 ) (236 ) (432 ) (661 )
    Repayment of lease liabilities (412 ) (412 ) (728 ) (803 ) (743 ) (769 ) (689 ) (549 )
    Free Cash Flow 7,463   11,028   7,290   9,469   5,679   6,096   8,816   7,017  
    Weighted average shares – basic (thousands) 80,685   80,834   81,067   81,314   81,476   81,887   82,753   83,064  
    Free Cash Flow per share – basic 0.09   0.14   0.09   0.12   0.07   0.07   0.11   0.08  
    Funds flow from operations per share- basic 0.10   0.14   0.10   0.13   0.08   0.09   0.12   0.10  

    Free Cash Flow decreased by 26% and 22%, respectively, for the three months and year ended March 31, 2025 from the same periods of the previous fiscal year. These decreases are primarily due to lower funds flow from operations, higher capital expenditures, and increased repayment of lease liabilities as a result of office leases in acquired entities. During year ended March 31, 2024, Free Cash Flow benefited from the tax deduction of approximately $4.6 million as a result of the acquisition of the BHV intellectual property.

    Adjusted EBITDA and Adjusted EBITDA Margin

      Three months ended
    March 31,    		 Year ended
    March 31,
    ($ thousands) 2025   2024   2025   2024  

    Net income (loss)

    5,104

    		  

    7,229

    		  

    22,437

    		  

    26,259

    		  
    Add (deduct):                
    Depreciation and amortization 2,368   2,151   8,465   5,688  
    Acquisition costs 216   186   2,567   1,456  
    Stock-based compensation (435 ) 922   2,625   6,292  
    Loss on contingent consideration 88   –   2,151   –  
    Deferred revenue amortization on acquisition fair value reduction 535   76   845   188  
    Income and other tax expense 2,154   1,935   10,448   8,963  
    Interest income (313 ) (658 ) (2,605 ) (3,096 )
    Interest expense 189   –   189   –  
    Foreign exchange loss (gain) 1,143   (743 ) (363 ) (50 )
    Repayment of lease liabilities (549 ) (803 ) (2,750 ) (2,355 )
    Adjusted EBITDA (1) 10,500   10,295   44,009   43,345  
    Adjusted EBITDA Margin (1) 31 % 32 % 34 % 40 %

    (1) This is a non-IFRS financial measure. Refer to definition of the measures above.

    Adjusted EBITDA increased by 2% during the three months ended March 31, 2025, compared to the same period of the previous year, of which 20% was growth from acquisitions, partially offset by an Organic decline of 18%, primarily attributable to lower revenue in the quarter partially offset by lower expenses.

    Adjusted EBITDA increased by 2% for the year ended March 31, 2025, compared to the same period of the previous year, of which 3% of the increase was due to growth from acquisitions, partially offset by a 1% Organic decline due to higher expenses.

    Organic Growth

    Organic growth is not a standardized financial measure and might not be comparable to measures disclosed by other issuers. The Company measures Organic growth on a quarterly and year-to-date basis at the revenue and Adjusted EBITDA levels and includes revenue and Adjusted EBITDA under CMG Group’s ownership for a year or longer, beginning from the first full quarter of CMG Group’s ownership in the current and comparative period(s). For example, BHV was acquired on September 25, 2023 (Q2 2024). September 25, 2024, marked one full year of ownership under CMG Group and on October 1, 2024 (Q3 2025), which is the first full quarter under CMG Group’s ownership in the current and comparative period, started being tracked under Organic growth. Any revenue and Adjusted EBITDA generated by BHV prior to October 1, 2024, would not be included in Organic growth. Sharp was acquired on November 12, 2025 (Q3 2025) and will start contributing to Organic growth on January 1, 2026 (Q4 2026).

    For further clarity, current statements include Organic growth from the following:

    • CMG revenue and Adjusted EBITDA; and
    • BHV revenue and Adjusted EBITDA generated beginning on October 1, 2024.

    Recurring Revenue
    Recurring revenue represents the revenue recognized during the period from contracts that are recurring in nature and includes revenue recognized as “Annuity/maintenance licenses” and “Annuity license fee”. We believe that Recurring revenue is an indicator of business expansion and provides management with visibility into our ability to generate predictable cash flows.

    The table below reconciles Recurring revenue to total revenue for the periods indicated.

      Three months ended March 31, Year ended March 31,
      2025 2024 % change   2025 2024 % change  
    ($ thousands)                
    Annuity/maintenance licenses 19,436 19,661 (1% ) 77,525 71,530 8 %
    Annuity license fee 4,728 1,142 314 % 9,280 5,146 80 %
    Recurring revenue(1) (2) 24,164 20,803 16 % 86,805 76,676 13 %
    Perpetual licenses 554 2,130 (74 %) 5,617 5,739 (2 %)
    Total software license revenue 24,718 22,933 8 % 92,422 82,415 12 %
    Professional services 8,965 9,358 (4 %) 37,024 26,264 41 %
    Total revenue 33,683 32,291 4 % 129,446 108,679 19 %

    (1) This is a non-IFRS financial measure.
    (2) Included in the number is a reduction of $0.5 million and $0.8 million for the three months and year ended March 31, 2025, respectively ($0.1 million and $0.2 million for the three months and year ended March 31, 2024, respectively), attributed to the amortization of a deferred revenue fair value reduction recognized on acquisition.

    Consolidated Statements of Financial Position

      March 31, 2025   March 31, 2024   April 1, 2023  
    (thousands of Canadian $)            

    Assets

    		            
    Current assets:            
    Cash 43,884   63,083   66,850  
    Restricted cash         362   142   –  
    Trade and other receivables 41,457   36,550   23,910  
    Prepaid expenses 2,572   2,321   1,060  
    Prepaid income taxes 1,641   3,841   444  
      89,916   105,937   92,264  
    Intangible assets 59,955   23,683   1,321  
    Right-of-use assets 28,443   29,072   30,733  
    Property and equipment 10,157   9,877   10,366  
    Goodwill 15,814   4,399   –  
    Deferred tax asset 471   –   2,444  
    Total assets 204,756   172,968   137,128  

    Liabilities and shareholders’ equity

    		            
    Current liabilities:            
    Trade payables and accrued liabilities 18,452   18,551   11,126  
    Income taxes payable 2,667   2,136   33  
    Acquisition holdback payable 188   2,292   –  
    Acquisition earnout 3,864   –   –  
    Deferred revenue 40,276   41,120   34,797  
    Lease liabilities 2,278   2,566   1,829  
    Government loan 310   –   –  
      68,035   66,665   47,785  
    Lease liabilities 34,668   34,395   36,151  
    Stock-based compensation liabilities 256   624   742  
    Government loan 1,319   –   –  
    Acquisition earnout –   1,503   –  
    Acquisition holdback payable 1,257   –   –  
    Other long-term liabilities 212   305   –  
    Deferred tax liabilities 13,102   1,661   –  
    Total liabilities 118,849   105,153   84,678  

    Shareholders’ equity:

    		            
    Share capital 94,849   87,304   81,820  
    Contributed surplus 15,460   15,667   15,471  
    Cumulative translation adjustment 4,326   (367 ) –  
    Deficit (28,728 ) (34,789 ) (44,841 )
    Total shareholders’ equity 85,907   67,815   52,450  
    Total liabilities and shareholders’ equity 204,756   172,968   137,128  

    Consolidated Statements of Operations and Comprehensive Income

    Years ended March 31,
    (thousands of Canadian $ except per share amounts)

    		 2025  

    2024

    		  
    Revenue
    129,446    		   108,679  
    Cost of revenue 24,940   17,224  
    Gross profit 104,506   91,455  

    Operating expenses

    		        
    Sales and marketing 18,617   14,957  
    Research and development 30,142   23,679  
    General and administrative 21,599   18,835  
      70,358   57,471  
    Operating profit 34,148   33,984  

    Finance income

    2,968

    		  

    3,146

    		  
    Finance costs (2,080 ) (1,908 )
    Change in fair value of contingent consideration (2,151 ) –  
    Profit before income and other taxes 32,885   35,222  
    Income and other taxes 10,448   8,963  

    Net income

    22,437

    		  

    26,259

    		  

    Other comprehensive income:    		        
    Foreign currency translation adjustment 4,693   (367 )
    Other comprehensive income 4,693   (367 )
    Total comprehensive income 27,130   25,892  
    Net income per share – basic
    0.2    7    		   0.32  
    Net income per share – diluted 0.27   0.32  
    Dividend per share 0.20   0.20  

    Consolidated Statements of Cash Flows

    Years ended March 31,
    (thousands of Canadian $)

    2025

    		  

    2024

    		  

    Operating activities

    		        
    Net income 22,437   26,259  
    Adjustments for:        
    Depreciation and amortization of property, equipment, right-of use assets 4,756   4,187  
    Amortization of intangible assets 3,709   1,501  
    Deferred income tax expense (recovery) (776 ) 3,518  
    Stock-based compensation (1,297 ) 2,795  
    Foreign exchange and other non-cash items 800   (5 )
    Change in fair value of contingent consideration 2,151   –  
    Funds flow from operations 31,780   38,255  
    Movement in non-cash working capital:        
    Trade and other receivables (527 ) (6,697 )
    Trade payables and accrued liabilities (818 ) 2,618  
    Prepaid expenses and other assets (169 ) (1,183 )
    Income taxes receivable (payable) 2,421   (1,826 )
    Deferred revenue (2,770 ) 4,910  
    Change in non-cash working capital (1,863 ) (2,178 )
    Net cash provided by operating activities 29,917   36,077  

    Financing activities

    		        
    Repayment of acquired line of credit –   (2,012 )
    Repayment of government loan (141 ) –  
    Proceeds from issuance of common shares 5,597   4,193  
    Repayment of lease liabilities (2,750 ) (2,355 )
    Dividends paid (16,376 ) (16,207 )
    Net cash used in financing activities (13,670 ) (16,381 )

    Investing activities

    		        
    Corporate acquisition, net of cash acquired (27,292 ) (22,814 )
    Repayment of acquisition holdback payable (9,247 ) –  
    Property and equipment additions, net of disposals (1,422 ) (650 )
    Net cash used in investing activities (37,961 ) (23,464 )

    Decrease in cash
    (21,714    		 ) (3,768 )
    Effect of foreign exchange on cash 2,515   1  
    Cash, beginning of year 63,083   66,850  
    Cash, end of year 43,884   63,083  

    Supplementary cash flow information

    		        
    Interest received 2,605   3,096  
    Interest paid 1,891   1,908  
    Income taxes paid 11,370   7,201  

    CORPORATE PROFILE 

    CMG Group (TSX:CMG) is a global software and consulting company that combines science and technology with deep industry expertise to solve complex subsurface and surface challenges for the new energy industry around the world. The Company is headquartered in Calgary, AB, with offices in Houston, Oslo, Stavanger, Kaiserslautern, Oxford, Dubai, Bogota, Rio de Janeiro, Bengaluru, and Kuala Lumpur. For more information, please visit www.cmgl.ca.

    ANNUAL FILINGS AND RELATED ANNUAL FINANCIAL INFORMATION

    Management’s Discussion and Analysis (“MD&A”) and consolidated financial statements and the notes thereto for the year ended March 31, 2025, can be obtained from our website www.cmgl.ca. The documents will also be available under CMG Group’s SEDAR profile www.sedarplus.ca.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains “forward-looking statements”. Forward-looking statements can be identified by words such as: “anticipate”, “intend”, “plan”, “goal”, “seek”, “believe”, “project”, “estimate”, “expect”, “strategy”, “future”, “likely”, “may”, “should”, “will”, and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding the benefits of the acquired technology, the ongoing development thereof; and the ability of data analytics to improve efficiency, cut costs and reduce risks.

    Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are detailed in the companies’ public filings.

    Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    The MIL Network –

  • MIL-OSI: Philippine Stock Exchange Adopts Nasdaq Eqlipse Trading to Enhance Market Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    Upgrade to Nasdaq Eqlipse Trading will enhance liquidity and resilience of Philippine marketplace

    Expands Nasdaq’s deep technology footprint across the country’s financial services industry

    MANILA and NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) and The Philippine Stock Exchange, Inc. (PSE) today announced a significant expansion of their technology partnership, which will see PSE upgrade its trading infrastructure to Nasdaq’s most advanced platform, Nasdaq Eqlipse Trading.

    Nasdaq Eqlipse represents Nasdaq’s investments to modernize, standardize, and strengthen its platform capabilities, application architecture, APIs, and product integration. The modular trading platform allows market operators to incorporate complementary functionality, including pre-trade risk, advanced options pricing, and index calculations, with a flexible deployment model to help reduce operational heavy lifting and provide optionality around cloud adoption.

    “With technology as a key area in our strategic agenda, it is important for PSE to work with a trusted service provider of market technologies. Given this, PSE opted to renew its partnership with Nasdaq to ensure continuity in offering a dependable trading system that meets all our current and future requirements,” said PSE President and CEO Ramon S. Monzon.

    The recently launched Nasdaq Eqlipse platform is the fourth generation of its suite of multi-asset marketplace technology platforms, marking a major milestone in the company’s five-year cycle of investment to develop and gradually roll out a fully interoperable suite of proven solutions across trading, clearing, central securities depository, and data intelligence. The harmonized portfolio enhances Nasdaq’s ability to form deeper strategic technology partnerships with its clients, including more than 135 infrastructure providers around the world.

    “The launch of Nasdaq Eqlipse following years of investment and development to reinforce our ability to enhance liquidity, transparency and integrity across global capital markets,” said Magnus Haglind, Head of Marketplace Technology at Nasdaq. “Our technology partnership with PSE will help strengthen its market infrastructure, and we’re excited to support their efforts to elevate Philippine capital markets on the global stage.”

    Modernizing the Philippine financial services ecosystem

    Nasdaq holds deep technology partnerships across the Philippines, helping to drive modernization throughout the country’s financial services industry. In addition to providing market infrastructure, Nasdaq’s AxiomSL data and regulatory reporting platform helps both domestic and global institutions comply with their regulatory obligations, while its Nasdaq Calypso platform helps clients simplify their capital market operations.

    R.G. Manalac, Senior Vice President, Asia Pacific at Nasdaq added: “Our growing presence in the Philippines complements the country’s extraordinary development as one of the fastest growing economies in the ASEAN region. With growth of course comes challenges and we are excited to be working with leading domestic and global banks in the Philippines as they continue to innovate and scale in this digital and increasingly AI driven age. Our solutions spanning across capital markets, regulation, and risk management continue to prove critical as these firms look to expand their businesses in a scalable and efficient manner.”

    Around the world, Nasdaq’s technology is used by 97% of global systematically important banks, half of the world’s top 25 stock exchanges, 35 central banks and regulatory authorities, and 3,800+ clients across the financial services industry. As a scaled platform partner, Nasdaq draws on deep industry experience, technology expertise, and cloud managed service experience to help financial services companies solve their toughest operational challenges while advancing industrywide modernization.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    About PSE:

    The Philippine Stock Exchange, Inc. (PSE) and its subsidiaries operate the equities exchange, fixed income exchange, and the central securities depository. It provides a platform for capital-raising and investing, steering company expansion and economic development and supporting inclusive growth through wealth creation among investors. 

    Media Contacts: 

    Andrew Hughes; +44 (0)7443 100896; Andrew.Hughes@nasdaq.com  
    Camille Stafford; +1 (234) 934 9513; Camille.Stafford@nasdaq.com
    Martha Vinzons; +63 (2) 8876 4888; mhvinzons@pse.com.ph 

    -NDAQG-

    Cautionary Note Regarding Forward-Looking Statements:  

    Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “will” and “allows” and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the benefits of Nasdaq’s Eclipse platform and its partnership with PSE. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.  

    A photos accompanying this announcement is available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1312a862-2b03-4304-94c9-9884026a34fc

    The MIL Network –

  • MIL-OSI Economics: Public Statement Concerning the Imposition of a Civil Penalty on Income Plus Services Limited (‘IPSL’)

    Source: Isle of Man

    1. Action

    1.1 The Isle of Man Financial Services Authority (the “Authority”) makes this public statement in accordance with powers conferred upon it under each of section 27 of the Designated Businesses (Registration and Oversight) Act 2015 (the “Act”) and regulation 5(7) of the Anti-Money Laundering and Countering the Financing of Terrorism (Civil Penalties) Regulations 2019 (the “Regulations”).

    1.2 The making of such public statement supports the Authority’s regulatory objectives of, among other things, securing an appropriate degree of protection for customers of persons carrying on a regulated activity, reducing financial crime and maintaining confidence in the Isle of Man’s financial services industry.

    1.3 Following an inspection of IPSL by the Authority under section 14 of the Act (the “Inspection”), which identified a number of contraventions by IPSL in relation to the Anti-Money Laundering and Countering the Financing of Terrorism Code 2019 (the “Code”), and the opening of a formal investigation (the “Investigation”), the Authority has deemed it reasonable, proportionate and appropriate, in all the circumstances, that IPSL be required to pay a civil penalty imposed under the Regulations.

    1.4 The Regulations allow for penalties to be imposed at two levels depending on the seriousness of the contraventions of the Code identified. Penalties imposed equate to a percentage of the Relevant Person’s income (as such terms are defined in the Regulations). In this instance, the Authority has deemed that the contraventions of the Code identified, in all of the circumstances, merit that a civil penalty be imposed in the higher, Level 2, penalty bracket.

    1.5 The civil penalty imposed on IPSL is the sum of £48,356, which is discounted by 30% to £33,850 (the “Civil Penalty”).

    1.6 The level of the Civil Penalty reflects the fact that IPSL co-operated with the Authority and agreed settlement at an early stage.     

          

    2. Background

    2.1 IPSL at all material times has been registered with the Authority as a Payroll Agent under the Designated Business (Registrations and Oversight) Act 2015.

    2.2 In July 2023 the Authority held a business meeting with IPSL where it was noted that there were considerable gaps in the firm’s Anti-Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) control framework and overall understanding of risk. The Authority subsequently conducted a risk-based Inspection of IPSL in December 2023. During the AML/CFT inspection of IPSL the Authority identified a significant number of contraventions of the Code (the “Contraventions”).  The subsequent Authority Investigation confirmed the findings of the Inspection.

    2.3 IPSL has engaged positively with the Authority throughout this matter in a timely and constructive manner.

    2.4 IPSL proactively engaged an independent third-party professional to help progress its remediation plan. The remediation plan was completed within a timescale agreed with the Authority.

     

    3. Key Findings from Inspection Report and Investigation

    Contraventions of the Code identified by the Inspection included:

    3.1 IPSL failed to establish, record, operate or maintain procedures and controls relating to its Business Risk Assessment (“BRA”), Customer Risk Assessment (“CRA”), customer screening, ongoing monitoring, including transaction monitoring, and monitoring and testing compliance with the AML/CFT legislation (paragraph 4 of the Code).

    3.2 IPSL’s BRA did not consider all the risk factors detailed in paragraph 5(3) of the Code and was not an assessment which estimated the risks of ML/FT posed by the business and its customers (paragraph 5 of the Code).

    3.3 IPSL’s CRA did not amount to a CRA under paragraph 6 of the Code. It was therefore concluded that IPSL had not carried out an adequate assessment of the ML/TF risk of its customers. The CRA had no regard to the risk factors detailed in paragraph 6(3) of the Code and did not involve any risk assessment process or methodology (paragraph 6 of the Code).

    3.4 IPSL did not demonstrate that it had adequate procedures and controls for new business relationships as required by the Code, that it was at all times taking reasonable measures to verify the identity of new customers, and it did not take reasonable measures to establish the source of funds (“SOF”) of new clients (paragraph 8 of the Code).

    3.5 IPSL undertook no ongoing monitoring or screening of customers to check for exposure to sanctions, PEP or adverse information as required by the Code. IPSL’s failure to establish SOF before a business relationship was entered into meant it was not in a position to scrutinise transactions to determine whether or not they were consistent with the expected SOF of a transaction. As no CRA was undertaken, IPSL was unable to determine whether transactions were consistent with the customer’s business and risk profile (paragraph 13 of the Code).

    3.6 IPSL did not establish, record, maintain or operate appropriate procedures and controls for the purpose of determining whether any customer (amongst other individuals) was, or subsequently became, a Politically Exposed Person (“PEP”) (paragraph 14(1) of the Code).

    3.7 IPSL did not have procedures and controls in place for monitoring and testing compliance with the AML/CFT legislation. No reports were produced in accordance with the requirements of paragraph 30(2) of the Code. Such reports are required at least annually and serve as a confirmation of the firm’s adherence to its legal obligations and the robustness of its AML/CFT framework (paragraph 30(2) of the Code).

     

    4. Key Learning Points for Industry

    4.1 The Isle of Man National Risk Assessment 2020 assesses the money laundering risk for Payroll Services as ‘Medium’, with terrorist financing being assessed as ‘Medium Low’. IPSL’s failure to maintain adequate AML/CFT procedures and controls, as required by the Code, made it more vulnerable to being used for money laundering. The contraventions were systemic and evidenced that IPSL had materially contravened the Code over a long period.

    4.2 The procedures and controls as required by the Code, are vital to help protect the Relevant Person, their staff, their business and their communities from the threat of being used or abused by criminals or those assisting or enabling criminals. Relevant Persons must demonstrate they are protecting themselves in order to make their domain as hostile as possible to those who would abuse them. In this way, the procedures and controls are vital for the effective prevention of ML/FT and the harm that crime, terrorism and the proliferation of weapons of mass destruction present for wider society.

    4.3 Ongoing monitoring of customers helps identify and mitigate potential risks associated with money laundering and terrorist financing. By continuously reviewing client activities and transactions, firms can detect suspicious behaviour early and take appropriate action. Regular screening against sanction lists, PEPs, and adverse media ensures that firms are aware of any changes in their clients’ risk profiles. This allows for enhanced due diligence when necessary.

    4.4 Compliance with the Code is a legal requirement; all firms undertaking business in the regulated sector have an obligation to conduct their affairs in a manner that adequately mitigates the risks faced by it in order to ensure that the Isle of Man retains its reputation as a responsible, and well regulated, international financial centre. The Authority is committed to taking reasonable, proportionate and appropriate action to address contraventions of the Code in order to help it achieve its regulatory objectives of protecting consumers, reducing financial crime and maintaining the reputation of the Isle of Man’s finance sector through effective regulation.

    4.5 The directors of all firms undertaking business in the regulated sector bear ultimate responsibility for ensuring the effective implementation and ongoing compliance with the Code. In particular, they must ensure that the (at least) annual review mandated by paragraph 30(2) of the Code is conducted diligently and comprehensively. This review is not merely a procedural formality, but a critical mechanism for evaluating the firm’s adherence to its legal obligations and the robustness of its AML/CFT framework. Directors must actively oversee the planning, execution, and documentation of this review, ensuring that it is;

    i. conducted by competent personnel with sufficient expertise and resource;

    ii. covers relevant aspects of the firms AML/CFT policies, procedures and controls;

    iii. identifies and addresses any deficiencies or weaknesses in a timely manner; and

    iv. is documented thoroughly, providing a clear audit trail of the review’s findings and any remedial actions taken.

    4.6 Directors must demonstrate a proactive and informed approach to this review, recognising its significance in safeguarding the firm from financial crime risks and maintaining the integrity of the Isle of Man’s financial system. Their active involvement is essential in fostering a culture of compliance throughout the organisation and demonstrating a clear commitment to their AML/CFT obligations.

    4.7 In today’s rapidly changing regulatory environment, it is essential for firms to stay up-to-date with the evolving AML/CFT framework. The Authority remains committed to work with industry to enhance the Isle of Man’s ability to meet its international AML/CFT standards and has a number of AML/CFT resources on its website and other social media platforms including webinars and sector specific guidance.

     

    MIL OSI Economics –

  • MIL-OSI: Fast Payout Online Casinos: JACKBIT Rated #1 New Instant Withdrawal & Fast Payout Casino!

    Source: GlobeNewswire (MIL-OSI)

    LITTLE ROCK, Ark., May 22, 2025 (GLOBE NEWSWIRE) — Casino gaming is always exciting, but the payouts are often troubling and hectic for gamers. Since the advent of online casinos, much has changed. Fast payout online casinos are now available on the market to help with lightning-fast transactions. If you are interested in an instant cash-out casino, JACKBIT online casino is your destination. The platform is popular as a real cash payout online casino. Do you find JACKBIT interesting? This article deals with all the major details of JACKBIT, the fast withdrawal online casino.

    JACKBIT – The Fast Payout Online Casino

    ✅ CLICK HERE TO CLAIM NO WAGERING 100 FREE SPINS!

    JACKBIT is an instant payout online casino that started its operation in 2023. It provided access to the latest innovations in the online casino realm. The games can be played in different versions, like software versions and live versions. Major cryptocurrencies are supported by the platform.

    The regular tournaments, VIP club benefits, and promotions make the site one of the best casinos. Users can bet on major sports events, horse race betting, and esports betting in the JACKBIT platform itself. The site provides multiple sports options, such as horse race betting and esports betting. The site provides special bonus rewards.

    JACKBIT Online Casino: Joining Steps

    If you are interested in engaging with one of the same-day payout casinos, like JACKBIT.Then you should register your account first. These registration steps are easy to complete. Just follow the steps below:

    Step 1: Go to the JACKBIT Casino website and click on Register. Ensure that you are on the right platform before proceeding with the registration.

    Step 2: A Registration form will pop up. Now fill the form accurately. Create a username and password. You can insert a promo code if you have one to get additional benefits.

    Step 3: Accept the terms and conditions by clicking the tick box.

    Step 4: Now, click Register to complete your registration process.

    Note: It is advised to ensure that the details are correct. You have to double-check the current step before proceeding to the next.

    Bonuses & Promotions in JACKBIT Online Casino

    JACKBIT, the fast payout casino, offers multiple sports and promotional offers to both new and existing users. Along with the tag as a fast payout online casino, JACKBIT is also popular for its inclusive bonuses and promotions. Here are some of the promotional details of the platform:

    Welcome Bonus: JACKBIT provides a welcome bonus offer of 30% Rakeback + 100 First Deposit FS + No KYC

    • Weekly $10,000 giveaways + 10,000 free spins.
    • VIP rakeback up to 30% based on loyalty tiers.
    • Pragmatic Drops & Wins with a €2,000,000 prize pool.
    • NBA Playoffs Cashback and social media bonuses.
    • Regular slot and table game tournaments.

    ✅JOIN JACKBIT TODAY AND GRAB THE BONUSES OF 30% RAKEBACK + 100 FS!

    JACKBIT Online Casino: Advantages and Disadvantages
    Although JACKBIT is a popular fast payout and instant withdrawal casino, there are multiple factors to consider before joining. No online casino can engage with pure pros only. There are certain restrictions and limitations for each platform. Here are the pros and cons of the JACKBIT fast payout online casino.

    Pros

    • More than 6300 games available.
    • New players get welcome bonus rewards.
    • 24/7 live Customer Support
    • Sports betting on major sports events.
    • Same-day withdrawal online option for users.

    Cons

    • No dedicated mobile application.
    • Anonymous gaming is not available.

    Payment Features in JACKBIT – The Fast Payout Casino

    JACKBIT Casino supports both fiat and cryptocurrencies for transactions like Visa/MasterCard, E-Wallets, Bank Transfer, Bitcoin, Ethereum, Tether, Binance Coin, and Solana. The platform also has a cryptocurrency exchange. It allows users to buy cryptocurrencies for fiat currencies.

    The maximum and minimum deposit limit depends on the selected payment option. Since it is an easy cash-out online casino, it does not charge for deposits or withdrawals. However, the transaction charges may apply to payments. The weekly withdrawal limit is $25,000 or equivalent in other currencies. The maximum withdrawal limit is $50,000 per month.

    Deposit & Withdrawal Options At JACKBIT – The Fast Payout Casino

    As a real cash online casino, both cryptocurrencies and fiat payments are supported by JACKBIT. Multiple cryptocurrencies, such as Bitcoin, Bitcoin Cash, Tron, Solana, Ethereum, Ripple, Monero, etc, can be deposited.

    For users interested in fiat payments, fiat currencies such as the Euro(EUR), US Dollar (USD), Pound Sterling (GBP), Canadian Dollar (CAD), or TRY can be used. Turkish Lira (TRY). These deposits may not incur additional cost, but there may be some delay.

    The instant withdrawal casino ensures that users can withdraw their rewards without any further delay. Go to the banking section of this same-day payout casino, and find the withdrawal section.

    Withdrawal of rewards is facilitated through cryptocurrency. It provides multiple options for its users. The withdrawal limit depends on the selected option. This flexibility allows seamless transactions for all players, irrespective of their preferred currency or withdrawal amount.

    Tips For Fast Withdrawals in JACKBIT

    JACKBIT is one of the best fast payout online casinos available in the market. The trusted reputation of the platform facilitates special you to win real money online instantly. The withdrawal convenience of JACKBIT has attracted players around the globe.

    • KYC verification: Complete your KYC verification requirement by providing a valid ID proof.
    • Payout Method: Make sure to select a faster payout method so that there is the least transaction delay to receive your rewards.
    • Customer support services: If you have any queries, make sure to engage with official customer service rather than any other platform.
    • Understand Terms and Conditions: Always verify T&C, especially the details related to bonus rewards. These rewards may affect your withdrawal.

    >>CLICK HERE TO PLAY & EXPERIENCE FAST PAYOUTS AT JACKBIT TODAY!<<

    Gaming Selection in JACKBIT

    JACKBIT, the fast payout casino, provides an impressive collection of more than 6000 titles. These games are developed by major software providers such as Habanero, Pragmatic Play, and Microgaming. These games provide an unparalleled gaming experience for users. The major games included in the casino are:

    Crypto slots offer both versatility and entertainment for their players. JACKBIT Casino has more than 5000 slot games on its platform. The diverse selection of games on the platform includes Classic slots, Bonus Buy Games, and Megaways etc.

    Popular slots include Sweet Bonanza, Gates of Olympus, Candy Rush, Jammin Jars, and Fruit Party etc. If you prefer games from particular developers, then you can easily choose from the list of providers and jump straight into action. But free play options are not available on these slot games.

    • Live Casino Games

    The JACKBIT fast payout casino has a dedicated live games section. It offers an impressive collection of 200 live games. Live versions of classics such as blackjack, roulette, and baccarat, along with other options such as Monopoly Live and Sweet Bonanza CandyLand, are available for players.

    The quality of these games is ensured by the renowned software providers such as Pragmatic Play. Ezugi and Evolution Gaming, etc. It is important to note that crypto live dealer games are unavailable in the demo version.

    • Table Games

    JACKBIT provides a collection of table games that caters to the different tastes and preferences of players. Players can enjoy multiple versions of classic games such as crypto blackjack, crypto poker, crypto roulette, and more.

    JACKBIT casino has an intriguing casino games collection that features options like European Roulette, Fair Roulette Pro, and many others. Players can explore other engaging table game collections, such as Dragon Tiger, Pontoon, and Thimbles, etc.

    JACKBIT casino provides two major versions of this game, such as Oasis Poker Classic and Pai Gow. The video poker section presents a collection of more than 70 games. Major variations include Joker Poker 100 Hands, Jacks or Better, and Oasis Poker etc. For gambling enthusiasts interested in the thrill of live action, there are four versions of the game hosted by professional dealers.

    • Crash Games

    JACKBIT provides limited crash game options to users. Aviator, developed by Spribe one such option that stands out as one of the most popular crash games available online. It is a prominent crash game featured in a separate section on the site exclusively for real money play. Other games include Dragon Crash, Crash Birds, etc.

    • Dice Games

    Dice Games are distributed across multiple sections of the site that offer enough opportunities to enjoy their favorite games. Players interested in Dice games can find them among casino games, mini-games within the live casino section.

    ✅PLAY WITH JACKBIT TO ACCESS THOUSANDS OF TOP CASINO GAMES!

    VIP and Loyalty Bonus:

    JACKBIT Casino has a VIP program. First, users need to collect points to level up. High VIP account levels allow users to accumulate points faster and get more perks in less time. VIP players avail themselves of the instant rakeback without any wagering requirements. Partnership with Pragmatic Play provides drop-and-win promotional offers.

    These promotions are distributed across the network and offer cash prizes or additional rewards. With such high-value features, JACKBIT continues to stand out as one of the best payout casinos available today.

    As one of the best online casino platforms, JACKBIT also hosts regular slot tournaments to keep players engaged and rewarded. A slot tournament provides a generous prize pool of $10,000 and 10,000 free spins. This tournament offers an exciting prospect for players. After depositing the amount, players can automatically enter the tournament with the combined benefits of real-time stat tracking provided at their fingertips.

    • Free Bets:

    JACKBIT Casino provides free bets as part of its promotions. After placing three bets of at least $10 each, users will be rewarded with a fourth bet.

    • Other Bonus Rewards:

    JACKBIT provides additional offers, such as the Social Media Bonus. Players can access multiple bonuses by following the brand on social media platforms. These bonuses usually consist of free spins, reload bonuses, and game-specific rewards. Such ongoing promotions, combined with rapid withdrawals, also place JACKBIT among the leading fast payout online casinos.

    Sports Betting Features in JACKBIT
    JACKBIT Casino has a robust sportsbook for sports enthusiasts with a wide range of bonuses and betting options. This section consists of traditional sports, eSports, and virtual sports. Let’s explore the features:

    • Bet Builder

    JACKBIT provides a sophisticated Bet Builder feature for its users. This feature combines multiple betting markets from JACKBIT casino into a single slip for enhanced flexibility and customization. Beginners may find this option complex, but seasoned bettors appreciate its versatility and strategic advantages.

    • Cashout Feature

    The Cashout feature allows you to settle bets before the end of an event, enhancing the overall betting experience. This feature can be availed across traditional sports, esports, and virtual sports events.

    Note: The Cashout feature can be accessed when the position in the ticket is active and unavailable while utilizing the replace function.

    • Betting Odds

    JACKBIT casino allows users to switch between decimal, American, and fractional odds types within seconds. This feature is provided in the settings options on the top right of the sportsbook.

    • Betting Limits

    JACKBIT has excellent betting limits. There is no explicit limit imposed on bettors that allows them to place wagers of any amount as they wish. The policy is applicable for both minimum and maximum bets, providing the bettors unrestricted flexibility in their betting. JACKBIT Casino allows bettors to pursue their betting strategies without any restrictions to enhance their the users’ overall betting experience.

    • Live Betting and Streaming

    Live Betting Options can be accessed through a dedicated subsection conveniently located on the left side of the platform. This feature supports players to make informed decisions according to the real-time data before placing bets.

    The streaming capabilities of the JACKBIT platform enhance the live betting experience. This streaming feature provides an extra layer of excitement and engagement to the live betting experience that allows players to follow the actions as they make their betting strategies.

    Interface and User Experience in the JACKBIT Online Casino

    JACKBITs provides a modern and intuitive user interface that makes it effortless to find their desired games or features. The site has interesting animations that enhance the overall outlook. The instant payout casino is the popular choice for gamers looking for easy withdrawal options.

    Users can easily enjoy gaming on their smartphones as the site is mobile-compatible. The site can be accessed using the web browser of the user’s mobile device. However, there is no dedicated application for mobile users to access the casino website.

    • Licensing and Security Measures

    JACKBIT is a casino licensed under the Curacao eGaming Commission, operating since 2022. It managed to gain an above-average reputation among the players. The casino is praised by many gamblers for its excellent game selection, user-friendly interface, outstanding customer support, and emphasis on cryptocurrency transactions. JACKBIT utilizes SSL encryption for security to ensure that players’ data is protected.

    • Responsible Gaming Measures in JACKBIT

    JACKBIT Casino provides a comprehensive and helpful page dedicated to responsible gambling measures. This page contains all the relevant details related to tools designed to limit access to the gambling site for underage individuals, ensuring a safe environment for all users.

    JACKBIT also provides tools such as a time-out period, account limits, and self-exclusion options to help players manage their gambling. Further assistance is provided by the platform’s dedicated support team.

    The page includes details about platforms and resources aimed at assisting individuals facing gambling-related issues. Gambling addiction can be problematic for some users, and maintaining safe, responsible practices helps protect users from gambling-related harm.

    While JACKBIT emphasizes responsible gambling, it also ranks among the top fast payout online casinos, offering instant withdrawals once your gaming session ends. This ensures users not only play safely but also enjoy timely access to their winnings.

    ✅TRY JACKBIT NOW FOR QUICK WINS AND FAST PAYOUTS!

    Final Verdict: Is JACKBIT Fast Payout Casino Worth Your Time?

    JACKBIT is a Fast payout online casino with plenty of games, interesting bonus offers, and robust security measures. Both new and loyal players get rewards. Cryptocurrency and fiat currencies are supported by the casino. It is an instant payout casino that provides value, speed, security, and convenience for users. JACKBIT provides lightning-fast transactions, bonus offers, and access to many high-quality games.

    Irrespective of whether you are playing on a mobile or desktop device, JACKBIT makes every victory even more rewarding. As the speed of online casinos increases, the withdrawal process can be completed in hours. It is the expected rate for online casino fans to complete transactions. Users can select JACKBIT to access their rewards fast, with multiple payment options for both deposit and withdrawal. Best customer support and minimum time delay required to track withdrawal amounts.

    Frequently Asked Questions About The Fast Payout Online Casinos

    • Does JACKBIT support cryptocurrencies?

    JACKBIT provides support for a broad set of cryptocurrencies such as Bitcoin(BTC), Ethereum( ETH), Binance Coin(BNB), and Tron(TRX), etc. It also supports stablecoins that offer stability by getting pegged to fiat currencies.

    • Does JACKBIT Casino have a mobile application?

    No, JACKBIT casino does not provide any mobile application at present. But the official website is compatible with mobile devices. So users can access most of the features available on the full version from their mobile device. It is a reliable approach to prefer over the dedicated mobile apps.

    • What games are offered by JACKBIT Casino?

    JACKBIT Casino provides an impressive collection of games that caters to multiple player preferences. There are more than 6000 slots from major developers such as Yggdrasil, Play’n GO, Microgaming, Habanero, Wazdan, and Pragmatic Play. More than slots, the casino provides multiple versions of table games roulette, blackjack, and poker. JACKBIT also provides live dealer games, mini games, Keno, instant games, and lotteries.

    • Is sports betting available at JACKBIT Casino?

    Yes, Users can bet on a wide variety of sports, such as Football, horse racing, and tennis, as well as esports such as Dota 2, League of Legends, and Counter-Strike. A virtual sports betting option is also available on the platform.

    • What are the customer support services provided by JACKBIT?

    JACKBIT Casino provides live chat and email options. The official JACKBIT website provides a live chat option.. Users can write and send emails to support@JACKBIT.com for further assistance.

    • Is withdrawal easy in JACKBIT?

    JACKBIT is one of the most famous fast payout online casinos. It is the fastest paying online casino, so you can be at ease about the withdrawal option and convenience.

    Email: support@JACKBIT.com

    Disclaimer & Affiliate Disclosure

    The information in this article is for informational and promotional purposes only and is not legal, financial, or professional advice. While we strive for accuracy, no warranties are made regarding completeness or timeliness. Readers should verify information independently. The publisher, affiliates, and contributors are not liable for errors, omissions, or losses from using this content.

    This article may contain affiliate links. Clicking these links and making a deposit may earn us a commission at no extra cost to you. These relationships do not affect our editorial integrity, and all evaluations are based on independent research.

    Online gambling is for those of legal age (19+ in Australia). Gambling carries financial risks and may lead to addiction. Play responsibly and seek help if needed. All trademarks are the property of their respective owners. This content is not endorsed by any brands unless stated.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5101492a-6a4b-4ad0-a722-bf44a6671d50

    https://www.globenewswire.com/NewsRoom/AttachmentNg/93408be8-279f-45dc-89ad-71f219dfea4b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7b5378a0-755d-46e9-ad5e-0480b43f8a83

    The MIL Network –

  • MIL-OSI: Best Live Casinos: JACKBIT Rated As Top Live Dealer Casino With Extensive Games And Instant Withdrawal

    Source: GlobeNewswire (MIL-OSI)

    LITTLE ROCK, Ark., May 22, 2025 (GLOBE NEWSWIRE) — The world of online gambling has been transformed by live casinos, which blend the excitement of real-time gaming with the convenience of digital platforms.

    Among the best live casinos, JACKBIT has emerged as the premier destination for 2025. With over 200 live dealer games, cutting-edge streaming technology, and a player-focused approach, JACKBIT delivers an unmatched live casino experience. This guide explores why JACKBIT is the top choice for enthusiasts seeking the best live casino sites, highlighting its game variety, bonuses, and innovative features.

    Why Choose Live Casinos

    Live casinos have redefined online gambling by offering an authentic casino experience from anywhere. Players can engage with professional dealers and fellow participants in real-time, creating a social and immersive atmosphere that traditional online games often lack. This interactivity builds trust, as players can witness every shuffle and spin, ensuring fairness.

    Technological advancements have elevated live casinos to new heights. High-definition streaming delivers crisp visuals, while multiple camera angles provide dynamic views of the action. Features like live chat enhance engagement, making players feel part of a vibrant casino floor.

    For those searching for the best live online casinos, platforms like JACKBIT stand out by combining variety, reliability, and innovation, making them ideal for both casual and seasoned players.

    ✅CLICK HERE TO CLAIM YOUR 100 FREE SPINS!

    Overview of JACKBIT Live Casino

    JACKBIT’s live casino, accessible at JACKBIT Live Casino, is a cornerstone of its reputation as a leading live dealer online casino. Boasting over 200 games from top providers like Evolution Gaming, Pragmatic Play Live, and Ezugi, JACKBIT offers a diverse selection that caters to all tastes.

    From classic table games like live roulette online and live blackjack to innovative game shows, the platform ensures endless entertainment. Available 24/7 in multiple languages, JACKBIT’s live casino is designed for global accessibility and seamless play.

    Feature Details
    Number of Games Over 200 live dealer games
    Providers Evolution Gaming, Pragmatic Play Live, Ezugi
    Game Types Blackjack, roulette, baccarat, poker, game shows
    Accessibility 24/7, multi-language support, mobile-optimized

    How to Join JACKBIT Live Casino? Step By Step

    Getting started with JACKBIT’s live casino is quick and user-friendly:

    1. Visit the Website: Click here to navigate to JACKBIT using a secure browser.
    2. Register: Click “Sign Up” and enter your email, username, and a strong password.
    3. Verify Email: Check your inbox for a verification link and activate your account.
    4. Deposit Funds: Select a payment method, deposit funds, and claim any live casino bonuses.
    5. Access Live Casino: Go to the live casino section via the main menu.
    6. Choose a Game: Browse games like live dealer roulette or blackjack and join a table.
    7. Start Playing: Enjoy real-time gaming with professional dealers.

    This streamlined process ensures players can dive into the best live casino experience effortlessly.

    Pros and Cons of JACKBIT Live Casino

    Pros Cons
    Over 200 live dealer games from top providers Requires stable internet for optimal streaming
    High-definition streaming with multiple camera angles Focus on live games may not suit players preferring slots
    No KYC policy for anonymous play  
    Specific bonuses for live casino players  
    Mobile-optimized for seamless play  
    24/7 professional customer support  

    JACKBIT’s strengths make it a leader among the best live casinos, though a stable internet connection is essential for the best experience.

    Why JACKBIT Shines Among the Best Live Casinos

    JACKBIT distinguishes itself among the best live casino websites through a combination of variety, technology, and player-centric features. Here’s why it leads the pack:

    Extensive Game Selection

    JACKBIT offers a vast array of live dealer games, including multiple variants of live dealer roulette, blackjack, baccarat, and poker. Unique offerings like game shows—such as Crazy Time and Monopoly Live—add excitement, appealing to players seeking the best live dealer online casino.

    Professional Dealers

    The dealers at JACKBIT are highly trained, ensuring smooth gameplay and a welcoming atmosphere. Their professionalism and friendliness enhance the social aspect, making JACKBIT a top choice for those seeking the best live casino experience.

    Advanced Streaming Technology

    JACKBIT employs state-of-the-art streaming for crystal-clear visuals and minimal lag. Multiple camera angles provide immersive perspectives, whether you’re playing live baccarat online or online live roulette, ensuring a premium experience.

    Interactive Gameplay

    Live chat and real-time game statistics allow players to engage with dealers and others, replicating the camaraderie of a physical casino. This interactivity sets JACKBIT apart among the best live online casinos.

    Mobile Optimization

    Fully optimized for smartphones and tablets, JACKBIT ensures seamless access to live games on the go, reinforcing its position as a leader among the best live casino sites.

    Bonuses & Promotions

    JACKBIT offers promotions specifically for live casino players, such as cashback and tournament entries, adding value to every session. These incentives make it a standout casino with live dealers.

    ✅CLICK HERE TO CLAIM YOUR 30% RAKEBACK BONUS AND 100 FREE SPINS!

    JACKBIT’s promotions play a major role in its reputation as one of the best live casinos with instant withdrawal features. Its welcome offer—30% rakeback plus 100 wager-free spins—delivers immediate value without complicated terms or heavy wagering requirements.

    Additional exciting promotions include:

    • Drops & Wins: Compete monthly for a share of €2,000,000 across popular slots and live casino games, making it a top choice among best live casino sites.
    • Weekly Giveaways: Win from $10,000 in cash prizes and 10,000 free spins, adding extra rewards for loyal players.
    • Daily and Weekly Tournaments: Climb leaderboards to earn free spins, cash prizes, and exclusive bonuses, enhancing the thrill for those who enjoy live dealer online casino competitions.
    • 3+1 Free Bet: Place three sports bets and receive a free bet to use on your favorite sporting markets, perfect for players who enjoy combining casino and sportsbook action.
    • VIP Rakeback Club: Earn loyalty points with every wager, moving through levels from Rookie to Legend. VIP members enjoy up to 30% rakeback along with personalized offers and priority customer support.

    Unlike many sites burdened with high wagering demands, JACKBIT offers bonuses with fair and transparent terms. This approach, combined with its instant withdrawal and no-verification options, solidifies JACKBIT’s status as a top same-day withdrawal casino and a trusted destination for players seeking one of the best live casinos available.

    Latest Bonuses and Promotions for Live Casino

    JACKBIT enhances the live casino experience with targeted promotions, ensuring players get maximum value. Key offers include:

    • Live Casino Welcome Bonus: New players can claim a match bonus for live casino games, boosting their initial deposits.
    • Cashback Offers: Regular cashback on live game losses extends playtime and reduces risk, a hallmark of the best online live casino.
    • Live Tournaments: Compete in live dealer tournaments with prize pools, adding excitement and rewards.
    • VIP Club: Loyal players enjoy exclusive perks like higher cashback, faster withdrawals, and personalized offers, tailored for live casino enthusiasts.

    These promotions make JACKBIT a top choice for players seeking the best live casinos with rewarding incentives.

    Payment Methods

    JACKBIT supports a variety of payment options, catering to both crypto and fiat users. Cryptocurrencies include Bitcoin, Ethereum, Solana, Tether, and Tron, ensuring fast and secure transactions. Fiat options like Visa, Mastercard, Skrill, Neteller, and Paysafecard provide flexibility. An integrated crypto exchange simplifies purchases, making JACKBIT a top casino with live dealers for modern players.

    Payment Type Options
    Cryptocurrencies Bitcoin, Ethereum, Solana, Tether, Tron
    Fiat Currencies Visa, Mastercard, Skrill, Neteller, Paysafecard

    ✅CLICK HERE TO PLAY WITH JACKBIT’S CRYPTO PAYMENTS!

    Live Game Selection

    JACKBIT offers one of the best live casino experiences, featuring a diverse and exciting range of live dealer games that cater to all types of players. Recognized as one of the best live casino sites, JACKBIT combines high-quality streaming with a seamless interface, making it a top choice for players seeking authentic real-time action.

    • Live Blackjack: Live Blackjack enthusiasts can enjoy multiple tables, including classic versions and innovative side bets like Perfect Pairs and 21+3. These options make JACKBIT a leader among the best live dealer online casinos for blackjack, providing strategic gameplay and thrilling competition.
    • Live Roulette Online: Fans of live roulette online have plenty of choices, including European Roulette, American Roulette, and the electrifying Lightning Roulette. These variants offer fast-paced and engaging gameplay, positioning JACKBIT as one of the best live online casinos for live dealer roulette and online live roulette experiences.
    • Live Baccarat Online: For those who prefer live baccarat online, JACKBIT features popular versions such as Classic Baccarat, Speed Baccarat, and No Commission Baccarat. These games provide quick rounds and intense excitement, making JACKBIT one of the best live casinos for baccarat lovers.
    • Live Poker: Poker players can dive into live versions of Casino Hold’em, Three Card Poker, and Caribbean Stud Poker, combining skill and luck in a vibrant live online casino environment. JACKBIT stands out as a best online live casino for poker with professional dealers and smooth gameplay.
    • Game Shows: Beyond traditional table games, JACKBIT offers a variety of engaging live game shows like Deal or No Deal, Mega Ball, and Sweet Bonanza CandyLand. These interactive games add a unique flair to the platform, enhancing its reputation as one of the best live casino websites for innovative live entertainment.

    ✅CLICK HERE TO DIVE INTO JACKBIT’S THRILLING LIVE CASINO GAMES NOW!

    Powered by top-tier providers, all live games at JACKBIT feature crisp HD visuals, real-time streaming, and professional dealers, creating an immersive atmosphere. This dedication to quality makes JACKBIT a trusted casino with live dealers and one of the best live online casinos available.

    Whether you’re seeking the best online casino live dealer experience or the thrill of online casino live dealer roulette, JACKBIT offers a secure and exciting platform that meets the highest standards in live gambling.

    User Experience in Live Casino

    JACKBIT’s live casino interface is sleek and intuitive, with clear categorization and a robust search function for easy navigation. The platform’s dark theme is visually appealing, and fast load times ensure uninterrupted play.

    Interactive features like live chat and real-time statistics enhance engagement, while mobile optimization allows seamless access to live dealer roulette and other games on smartphones. Customizable settings, such as language and display options, further personalize the experience, solidifying JACKBIT’s status as a top online casino live dealer platform.

    Legitimacy and Safety

    JACKBIT operates under a Curacao eGaming license, ensuring compliance with industry standards. SSL encryption safeguards player data, while partnerships with reputable providers like Evolution Gaming guarantee fair play in live games.

    Regular audits and transparent policies reinforce JACKBIT’s credibility as a trusted casino with live dealers, providing peace of mind for players.

    Responsible Gambling

    JACKBIT prioritizes player welfare with robust responsible gambling tools:

    • Deposit Limits: Set daily, weekly, or monthly caps to manage spending.
    • Self-Exclusion: Opt for temporary or permanent breaks from gaming.
    • Reality Checks: Receive session duration reminders to stay mindful.
    • Support Resources: Access organizations like GamCare for professional help.

    These measures align with the standards of the best live online casinos, ensuring a safe and enjoyable experience.

    Conclusion: JACKBIT – The Best Live Casino

    JACKBIT has solidified its position as the top live casino of 2025, offering an exceptional blend of game variety, advanced technology, and player-focused features. Its extensive selection of live dealer games, from live roulette online to interactive game shows, caters to all preferences.

    Coupled with generous bonuses, seamless mobile access, and a commitment to safety, JACKBIT is the ultimate destination for live casino enthusiasts. Join JACKBIT today to experience why it leads the best live casinos and enjoy a thrilling, authentic gaming adventure.

    ✅CLICK HERE TO EXPERIENCE LIVE CASINO GAMEPLAY AT JACKBIT!

    FAQs

    What makes JACKBIT the best live casino in 2025?

    JACKBIT’s 200+ live dealer games, HD streaming, professional dealers, and interactive features make it a leader among the best live casino sites.

    Are there bonuses for live casino players at JACKBIT?

    Yes, JACKBIT offers live casino-specific bonuses, including welcome bonuses, cashback, and tournaments, enhancing the best live online casino experience.

    Can I play live casino games on mobile?

    Absolutely, JACKBIT’s live casino is fully optimized for mobile devices, ensuring seamless access to live dealer roulette and more.

    Is JACKBIT a secure live casino platform?

    Licensed by Curacao eGaming and using SSL encryption, JACKBIT ensures a safe and fair gaming environment for live baccarat online and other games.

    What live dealer games does JACKBIT offer?

    JACKBIT provides live blackjack, online live roulette, baccarat, poker, and game shows, catering to diverse preferences.

    Does JACKBIT require KYC verification?

    No, JACKBIT’s no KYC policy allows anonymous play, a key feature of the best live casinos.

    Email: support@JACKBIT.com

    Disclaimer

    This article is for informational purposes only and does not constitute legal or financial advice. Online gambling laws vary by jurisdiction, and players must ensure compliance with local regulations. Gamble responsibly and be aware of the risks involved. 18+ only.

    The information in this article is for informational and promotional purposes only and is not legal, financial, or professional advice. While we strive for accuracy, no warranties are made regarding completeness or timeliness. Readers should verify information independently. The publisher, affiliates, and contributors are not liable for errors, omissions, or losses from using this content.

    This article may contain affiliate links. Clicking these links and making a deposit may earn us a commission at no extra cost to you. These relationships do not affect our editorial integrity, and all evaluations are based on independent research.

    Online gambling is for those of legal age (19+ in Australia). Gambling carries financial risks and may lead to addiction. Play responsibly and seek help if needed. All trademarks are the property of their respective owners. This content is not endorsed by any brands unless stated.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e547a51d-bf96-4c18-a169-767ef02d0e7e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/059ff342-f28c-4152-b65b-d5ef32dcb6cf

    The MIL Network –

  • MIL-OSI China: Western China trade fair inks deals worth over 200B yuan

    Source: People’s Republic of China – State Council News

    The 7th Western China International Fair for Investment and Trade kicked off in southwest China’s Chongqing Municipality on Thursday, with on-site project agreements exceeding 200 billion yuan (about 27.8 billion U.S. dollars).

    The event invited Thailand as the guest country of honor, Sichuan Province as the permanent guest province, and the Hong Kong Special Administrative Region as a newly added guest city.

    The fair attracted over 1,300 enterprises from 39 countries and regions, including 56 central state-owned enterprises, 47 Fortune Global 500 companies, 93 multinational corporations, and 286 leading private firms.

    According to the organizing committee, manufacturing and modern service industries accounted for over 75 percent of the total contracted projects, spanning sectors such as aerospace, advanced materials, energy, and smart equipment.

    MIL OSI China News –

  • India’s pharma sector powers ahead with growth, innovation and govt support

    Source: Government of India

    Source: Government of India (4)

    India’s pharmaceutical sector is witnessing robust growth, driven by rising global demand, the introduction of innovative products, and strong policy support from the government.

    Having grown at over 10% annually for the past five years, the industry recorded a turnover of Rs 4,17,345 crore in 2023–24. According to India Ratings, a Fitch Group company, pharma sector revenue likely rose 7.8% year-on-year in April 2025.

    India now ranks third globally in pharmaceutical production by volume and 14th by value. It has become a major player in supplying affordable vaccines and generic medicines—accounting for 20% of the world’s generic drug supply. The country meets 55–60% of UNICEF’s vaccine requirements, supplies 99% of the WHO’s DPT (Diphtheria, Pertussis, Tetanus) vaccine demand, 52% of BCG vaccines, and 45% of measles vaccines.

    In 2023–24, the sector attracted Rs 12,822 crore in foreign direct investment. With 100% FDI permitted in medical devices and greenfield pharma projects, India continues to solidify its position as a global pharma hub.

    Much of this success is credited to targeted government schemes that promote affordability, boost local manufacturing, and strengthen supply chains.

    Under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), 15,479 Jan Aushadhi Kendras now offer generic medicines at prices up to 80% lower than their branded counterparts. For instance, a heart medicine that once cost Rs 500 is now available for as little as Rs 100.

    The government’s Production Linked Incentive (PLI) scheme for pharmaceuticals, with an outlay of Rs 15,000 crore, supports 55 projects aimed at producing high-end drugs, including treatments for cancer and diabetes.

    A separate PLI scheme worth Rs 6,940 crore focuses on the production of key raw materials such as Penicillin G, helping reduce India’s reliance on imports.

    Another PLI initiative, with Rs 3,420 crore allocated to medical devices, is boosting the domestic manufacturing of equipment like MRI machines and heart implants.

    The Promotion of Bulk Drug Parks scheme, backed by Rs 3,000 crore, is establishing major pharma manufacturing hubs in Gujarat, Himachal Pradesh, and Andhra Pradesh to enhance efficiency and lower production costs.

    Additionally, the Rs 500 crore Strengthening of Pharmaceuticals Industry (SPI) scheme is helping upgrade labs and fund R&D, enabling Indian companies to compete more effectively in global markets.

    From affordable generic medicines to vital vaccines reaching the world’s most underserved regions, India’s pharmaceutical sector is not only saving lives but also building a healthier, more self-reliant future—both for the country and for the world.

  • MIL-OSI Russia: Chinese automaker unveils new lightweight SUV model in Egypt

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    CAIRO, May 22 (Xinhua) — Chinese auto brand Jetour Auto on Tuesday unveiled its new lightweight SUV model T1 at a launch near Egypt’s pyramids as part of its international expansion strategy.

    The event, held under the motto “Time to Wake Up,” attracted about a thousand participants, including car dealers, industry experts and media representatives.

    “During our global development, Jetour has received many travel stories from users around the world. We are committed to developing world-class products with world-class technology to serve our customers,” said Dai Lihong, president of Jetour Auto.

    In recent years, Jetour has become one of the fastest growing brands in the automotive sector. The company’s cumulative sales worldwide in the six years of its existence have exceeded 1.7 million units. In 2024 alone, sales volume exceeded 560,000 units, an increase of 80 percent compared to 2023, Dai Lihong noted.

    Jetour also signed an agreement with Egypt’s KASRAWY Group to supply assembly kits for its T1 and T2 models. These will be used to assemble cars in Egypt, increasing local production and creating new jobs. –0–

    MIL OSI Russia News –