December 20, 2021

ISW Holdings Inc. (ISWH) Reports Record Revenue, Forecasts $7M Per Month

NEW YORK, Dec. 20, 2021 (GLOBE NEWSWIRE) — via InvestorWire — ISW Holdings Inc. (OTC: ISWH) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.

To view the full publication and forward-looking statements, please visit: https://nnw.fm/YrdIL

Developments are translating to revenue and cash flow, resources that will underscore growth in 2022 and beyond with Pod City and other hosting and mining operations. During Q3, ISW Holdings Inc. (OTC: ISWH) reported revenue from operations of $1.075 million (including deferred revenues), up 2,435% on a year-over-year basis. That didn’t include a full three months of 550 new miners acquired from Minerset, 150 of which came as a result of ISWH meeting stock performance milestones. Total assets during Q3 increased 5,263% year to date to $9.56 million, while total liabilities decreased 73%, and total derivative liabilities decreased 98% to under $340,000. …

Looking ahead, revenue at Pod City will be comprised of hosting service fees, which aren’t contingent upon cryptocurrency pricing. Once running at full capacity, the company estimates annual revenue in excess of $7 million per month, a tremendous improvement compared to current capacity with the benefit of being recurring under service contracts.

About ISW Holdings

ISW Holdings, based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development, early growth facilitation, as well as brand identity through its proprietary procurement process. Together, with its partners, ISW Holdings seeks to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. The company is able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration, and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space; and the partnership has a vitally needed patent now pending.

For more information about the company, visit www.ISWHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH.

About NetworkNewsWire

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December 20, 2021

CMR Surgical expands into the Middle East

CMR Surgical expands into the Middle East

Versius being used to perform minimal access surgery (MAS) in several hospitals across the United Arab Emirates (UAE)
CMR’s new UAE office will be the first office in the Middle East enabling expansion of operations in the region

Cambridge, United Kingdom. 20 December 2021 00:01 (GMT). CMR Surgical (CMR) – the global surgical robotics business behind the next-generation surgical robotic system, Versius^® – has today announced that it has successfully installed Versius into three hospitals in the United Arab Emirates (UAE), as the Company continues to expand globally in line with its mission to bring the benefits of minimal access surgery to more people around the world. To support the region, CMR has invested in the opening of a Middle East hub office in UAE and expects further sales in the region in the short-term.

In partnership with Gulf Drug, Versius has been acquired by hospitals across the UAE, where it is being used in a rapidly increasing number of surgeries in both public and private hospitals including at the Saudi German Hospital, Al Zahra Hospital, and American Hospital Dubai. The UAE, amongst other countries across the Middle East, has made considerable and rapid advances to adopt surgical robotics into clinical practice, and is seeing significant benefits by enabling more patients to receive MAS.

The installation of Versius across the UAE follows the introduction of the system in Europe, India and Australia. Versius has been used to perform a range of surgical specialities including Gynaecology, Colorectal, General and Urology surgeries to date. These include complex cancer cases that would otherwise have had to be performed via open surgical techniques, significantly reducing recovery time for patients and getting them out of hospital sooner.

Per Vegard Nerseth, Chief Executive Officer of CMR Surgical said: “It is wonderful to announce our commercial progress in the Middle East and we are excited to be amongst an ecosystem of innovative companies in Dubai. Our presence in Dubai shows how our business approach on an international scale has evolved, representing expansion into an important region where our mission of increasing access to keyhole surgery really resonates. The rapid pace and adoption of Versius into world class hospitals in Dubai has been outstanding and we look forward to further developments across the Middle East.”

Dr Hatem Moussa, Director of General and Oncological Surgery at American Hospital Dubai said: “With Versius, our team has been able to perform highly complex surgeries at high volume with greater dexterity, precision and ease. Having successfully performed fifty minimal access surgeries in forty-five days, the introduction of Versius is allowing us to treat more and more patients using minimal access techniques, which has great benefit for both patients and our surgeons, who would otherwise often experience physical discomfort performing a high number of operations manually. Versius is a great asset to us at American Hospital Dubai and the region overall, and I am delighted we have adopted this innovative new technology.”

Dr Reem Osman, Regional Chief Executive Officer at Saudi German Hospital Group said: “Introducing robotic surgery will help our doctors achieve their surgeries with much better results and recovery time, delivering what we always promise – the best healthcare to our patients. This new state-of-the-art technology that is CMR’s Versius Surgical Robotic System is a very important advance to the world of surgery, dynamically digitising healthcare while ensuring a safe and comfortable experience for patients.”

The new CMR office, located in the Dubai Free Zone brings together top talent and highly experienced teams to help transform surgery and access to robotics for MAS in an advanced market. The UAE has a well-funded healthcare system looking to adopt new innovations providing an opportunity to bring surgical robotics to an underpenetrated region, for the benefit of hospitals and patients. The purpose-built building includes office space, conference and meeting rooms, and a high-tech robotics lounge to showcase Versius and facilitate training for frequent visiting surgeons. Working with partners, CMR anticipates significant growth in the Middle East region in the coming years.

The announcement follows CMR’s commitment to an accelerated commercial expansion following a successful $600 million (£425 million) Series D funding round, the largest-ever private MedTech raise earlier this year. The funding will support the continued expansion of the company, bringing Versius to more hospitals and patients around the world, as well as the continued development of the Versius digital ecosystem, such as Versius Connect – a specialised app developed for surgeons using Versius.

Media Contacts:

If you wish to see more, please contact CMR Surgical at:

Press Office, CMR Surgical
T +44 (0)1223 755801
E pressoffice@cmrsurgical.com

Notes to editors:

The Versius^® Surgical Robotic System

Versius^® resets expectations of robotic surgery. Versius fits into virtually any operating room set-up and integrates seamlessly into existing workflows, increasing the likelihood of robotic minimal access surgery (MAS). The small, portable and modular design of Versius allows the surgeon to only use the number of arms needed for a given procedure.

Biomimicking the human arm, Versius gives surgeons the choice of optimised port placement alongside the dexterity and accuracy of small fully-wristed instruments. With 3D HD vision, easy-to adopt instrument control and a choice of ergonomic working positions, the open surgeon console has the potential to reduce stress and fatigue and allows for clear communication with the surgical team. By thinking laparoscopically and operating robotically with Versius, patients, surgeons and healthcare professionals can all benefit from the value that robotic MAS brings.

But it’s more than just a robot. Versius captures meaningful data with its wider digital ecosystem to support a surgeon’s continuous learning. Through the Versius Connect app, Versius Trainer and CMR clinical registry, Versius unleashes a wealth of insights to ultimately improve surgical care.

About CMR Surgical Limited

CMR Surgical (CMR) is a global medical devices company dedicated to transforming surgery with Versius^®, a next-generation surgical robot.

Headquartered in Cambridge, United Kingdom, CMR is committed to working with surgeons, surgical teams and hospital partners, to provide an optimal tool to make robotic minimal access surgery universally accessible and affordable. With Versius, we are on a mission to redefine the surgical robotics market with practical, innovative technology and data that can improve surgical care.

Founded in 2014, CMR Surgical is private limited company backed by an international shareholder base.

December 20, 2021

Election of Directors of Faisal Spinning Mills Limited

Karachi, Faisal Spinning Mills Limited informed Pakistan Stock Exchange that the ten members have been elected as directors of the company in their Extraordinary General Meeting will be held on December 28, 2021 through video link.

Faisal Spinning Mills Limited is incorporated in Pakistan as a Public Limited Company. The Company is primarily a spinning and weaving unit engaged in the manufacture and sale of yarn and woven fabric, however, it is also engaged in the generation of electricity for self-consumption.

The total numbers of shares are 10,000,000. The Earnings per share is 52.39 in 2020 which was 57.79 in 2019. The Profit after Taxation is 523,879,000 in 2020 which was 577,855,000 in 2019.

December 20, 2021

Transaction of 10 shares of Netsol Technologies Limited

Karachi, Netsol Technologies Limited informed Pakistan Stock Exchange about transaction of shares of the company. 10 shares @ Rs. 93.00 per share were bought from the market on December 17, 2021 through CDC.

“NetSol Technologies, Inc. (NASDAQ: NTWK) started its journey as a US based provider with a vision to create superior technology solutions. Relentlessly following our vision we now stand as one of the global leaders in IT Services and Enterprise Solutions.

Delivering quality and customization for over a period of four decades, we offer superior IT solutions that help streamline the operational needs of your business. With more than 150 satisfied clients in over 30 countries and 250 implementations globally, we understand the value of customizability and strive to continually deliver unprecedented solutions which cater directly to your business needs.”

December 20, 2021

Transaction of 1,000 shares of Hascol Petroleum Limited

Karachi, Hascol Petroleum Limited informed Pakistan Stock Exchange about transaction of shares of the company. 1,000 shares @ Rs. 6.14 per share were bought from the market on December 17, 2021 through CDC.

“Hascol Petroleum Limited is engaged in the purchase, storage and sale of petroleum products such as Fuel Oil, High Speed Diesel, Gasoline, Jet A-1, LPG and Lubricants. The company was incorporated in 2001 under the 1984 companies’ ordinance, primarily to take advantage of the petroleum sector deregulation and undertake a programme for owning, leasing and renting oil storage facilities as well as importing petroleum products for its own account.

In February 2005 Hascol was granted a full marketing license by the Government of Pakistan and since then, Hascol has been engaged in developing a retail network under HASCOL brand and by 31st December 2014 we will have commissioned over two hundred and fifty retail outlets, in the four provinces of Pakistan and Azad Kashmir. This number will rise to 300 by the end of 2015.

Prior to the incorporation of the company, the main personnel have been involved in the Pakistan oil industry for over thirty years, dealing with imports and marketing of refined products such as Gasoil, Fuel Oil, Kerosene, Gasoline and Base Oil. Hascol Petroleum Limited has, independently or through its associated company Hascombe Limited, extensive links with the domestic and international oil trading companies.

The symbol “HASCOL” is being used by the stock exchanges for the shares Hascol Petroleum Limited.”

December 20, 2021

Declaration of Unpaid Right of Husein Sugar Mills Limited

Karachi, Husein Sugar Mills Limited informed Pakistan Stock Exchange that National Clearing Company of Pakistan Limited declares unpaid rights for clearing, settlement and risk management through National Clearing and Settlement System.

Husein Sugar Mills Limited was incorporated on February 14, 1966 in Karachi and received its Certificate for Commencement of Business on April 16, 1966.. The Company is principally engaged in the business of production and sale of sugar and by products.

The plant is located in Jaranwala, approximately 80KM from Lahore. The area has large tracts of land where sugarcane is cultivated and produces approximately 40-45 million maunds of sugarcane a year.

The total numbers of shares are 38,520,000. The Earnings per share is (7.43) in 2020 which was 9.05 in 2019. The Profit after Taxation of the Company is (286,206,000) in 2020 which was 293,543,000 in 2019.

December 20, 2021

Election of Directors of Blessed Textiles Limited

Karachi, Blessed Textiles Limited informed Pakistan Stock Exchange that the ten members have been elected as directors of the company in their Extraordinary General Meeting will be held on December 28, 2021 through video link.

Blessed Textiles Limited was incorporated in Pakistan as a Public Limited Company. The Company is primarily engaged in the manufacture and sale of yarn and woven fabric, however, it is also engaged in the generation of electricity for self-consumption.

The total numbers of shares are 6,432,000. The Earnings per share is 66.12 in 2020 which was 98.79 in 2019. The Profit after Taxation is 425,277,000 in 2020 which was 635,425,000 in 2019.

December 20, 2021

Transaction of 10,000 shares of Shell Pakistan Limited

Karachi, Shell Pakistan Limited informed Pakistan Stock Exchange about transaction of shares of the company. 10,000 shares @ Rs. 119.00 per share were bought from the market on December 16, 2021 through CDC.

“Shell Pakistan Limited is a limited liability company incorporated in Pakistan for over a century. The legacy dates back to the year 1899. It is an internationally operating group of energy and petrochemical companies. Shell Pakistan is listed on the Karachi and Lahore Stock Exchanges of Pakistan. Its registered office is located in Karachi.

The company markets petroleum products and compressed natural gas. It also blends and markets various kinds of lubricating oils.

The symbol “SHEL” is being used by the stock exchange for the shares of Shell Pakistan Limited.”

December 20, 2021

Corporate Briefing Session of Reliance Insurance Company Limited

Karachi, Reliance Insurance Company Limited informed Pakistan Stock Exchange that Corporate Briefing Session of the Company for shareholders, analysts and investors is scheduled to be held on December 27, 2021 through video link, to brief the analysts/ investors/shareholders about the Company’s financial performance and future outlook.

Reliance Insurance Company Limited was incorporated in Pakistan as a public limited company on November 4, 1981. The Company is engaged in general insurance business and has also been allowed to undertake General Window Takaful operations on May 25, 2016.

Reliance Insurance being jointly owned by two prestigious industrial groups of Pakistan. Its major sponsors are Al-Noor Group and Amin Bawany Group.

The total numbers of shares of the Company are 60,351,880. The Earnings per shares is 1.22 in 2020 which was 1.27 in 2019. The Profit After Taxation is 68,495,000 in 2020 which was 71,211,000 in 2019.

December 20, 2021

Price Sensitive Information of Altern Energy Limited

Karachi, Altern Energy Limited informed Pakistan Stock Exchange that the Company has announced interim dividend on ordinary shares at the rate of Rs. 18.5 per share i.e. 185%. Crescent Steel and Allied products Limited and its subsidiary company have strategic investment of 63,967,500 shares in the Company.

Altern Energy Limited was incorporated in Pakistan as a listed public company limited. The Company is subsidiary of Descon Engineering Limited.

The objective of the Company is to generate and supply electric power to the Water and Power Development Authority of Pakistan (WAPDA) from its thermal power plant having a gross capacity of 32 Mega Watts (June 30, 2016 : 32 Mega Watts). The Company also holds direct and indirect investments in other companies engaged in power sector. The registered office of the Company is situated at Descon Headquarters, 18 km, Ferozepur Road, Lahore.

The Shares of the Company are quoted on Pakistan Stock Exchange, and the symbol “ALTN” is being used for the shares of the Company.

The total number of shares the company has issued are 363,380,000. Earning Per Share has increased in 2020 and is 4.65 which was 2.63 in 2019. The Profit After Taxation in 2020 is 1,689,621,000 which was 954,822,000 in 2019.

December 20, 2021

Transaction of 500 shares of IBL Healthcare Limited

Karachi, IBL Healthcare Limited informed Pakistan Stock Exchange about transaction of shares of the company. 500 shares @ Rs. 67.99 per share were bought from the market on December 16, 2021 through CDC.

“The company was incorporated in Pakistan as a private limited company on July 14, 1997. In November 2008 the Company was converted into a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is a wholly owned subsidiary of Searle Pakistan Limited. The principal business activities of the company are marketing and selling, distribution of healthcare products. The shares of the company are quoted on the Karachi Stock Exchange. The registered office of the company is located in Karachi.

The portfolio of the company includes divided into three distinct categories, namely Nutritional Products, Plasma Protein Components and Hospital Disposables. The company is the major partner of globally recognized multinational organizations having expertise in their respective fields of health care products. The partners of the company include MeadJohnson Nutritionals – USA, Tyco Health Care – USA, Intersurgical – UK, Terumo – Japan and Molnlycke – Sweden.

The symbol “IBLHL” is being used by the stock exchanges for the shares of IBL Healthcare Limited.”

December 20, 2021

Corporate Briefing Session of Cyan Limited

Karachi, Cyan Limited informed Pakistan Stock Exchange that Corporate Briefing Session of the Company for shareholders, analysts and investors is scheduled to be held on December 28, 2021 through video link, to brief the analysts/ investors/shareholders about the Company’s financial performance and future outlook.

Cyan Limited is a Public Limited Company incorporated in Pakistan on April 23, 1960. The Company is a subsidiary of Dawood Corporation (Private) Limited and engaged in making equity investments in companies with high growth potential.

The total shares of the Company are 61,558,963. The Earnings per shares are 5.80 in 2020 which was 1.59 in 2019. Their Profit after Taxation is 357,282,000 in 2020 which was 97,942,000 in 2019.