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TRUSTCO APPOINTS INDEPENDENT COMMITTEE TO OVERSEE DELISTING PROCESS

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Trustco Group Holdings Limited (“Trustco” or “the Company”) announced that its Board of Directors has established an independent committee to manage the proposed delisting from the Johannesburg Stock Exchange (JSE), Namibian Stock Exchange (NSX), and OTCQX Market in the United States. This follows the Company’s earlier announcement evaluating the delisting in preparation for its planned Nasdaq direct listing.

The newly formed committee comprises entirely of independent non-executive directors and is chaired by the Independent Chairperson of the Board, Advocate Raymond Heathcote SC, who will oversee all aspects of the delisting process. This includes coordinating with regulators, ensuring compliance with the JSE Listings Requirements and Namibian Company Law, facilitating shareholder engagement, and overseeing the preparation of a fairness opinion by an appointed independent expert. The JSE accredited Independent Expert has been engaged to conduct the fairness opinion, with the process already commenced.

Quinton van Rooyen, CEO of Trustco Group Holdings

“The appointment of an independent committee underscores Trustco’s commitment to transparency and equitable treatment of all shareholders during this pivotal transition,” said Quinton van Rooyen, CEO of Trustco Group Holdings. “I have full confidence in the Board’s leadership and the expertise of the appointed committee members to execute this process effectively. Their collective experience and diligence will ensure that the delisting process meets the highest standards, addressing all regulatory requirements and safeguarding shareholder interests as we move towards our Nasdaq listing.”

To ensure continuous and effective communication throughout the transition period between delisting and the planned Nasdaq listing, the Company requests all shareholders to update their contact information through the dedicated shareholder contact form at https://www.tgh.na/shareholder-contact-form/. This will enable Trustco to maintain direct communication channels with its shareholder base during the transition.

Regarding the Company’s financial reporting, Trustco also updated shareholders on the progress of the Annual Financial Statements for Fiscal Year 2024. In line with amended Listings Requirements and the ongoing delisting and uplisting processes, a Public Company Accounting Oversight Board Audit (PCAOB audit) for the historical Annual Financial years ended 31 August 2023 and 31 August 2024 is required. Trustco remains incorporated in Namibia and must comply with home country legislation. Accordingly, the company shall complete the Namibian audit for the AFS FY2024. The audit processes are all underway, and shareholders are advised that the AFS FY2024 shall be published as soon as the Namibian audit has been completed and will form part of the delisting process.

A comprehensive formal offer detailing the proposed delisting and the Nasdaq transition timeline will be distributed to shareholders in due course. Shareholders are advised to exercise caution when dealing in the Company’s securities until a full announcement is made. For any questions or further information, shareholders can send an email to the company secretary at komada@tgh.na.

About Trustco:

Trustco Group Holdings Limited is a holding company headquartered in Windhoek, Namibia, that owns subsidiaries engaged in diverse business activities spanning the real estate, mining, insurance, micro-finance, and education sectors.

Trustco’s ordinary shares are listed in the JSE under the symbol “TTO” and in the NSX under the symbol “TUC.” Trustco’s American Depositary Shares are quoted on the OTCQX through its ADR program under the symbol “TSCHY.”

About Namibia:

Namibia is a Southern African country with a population of approximately three million and a GDP per capita of USD 5031 in 2022. The country is endowed with rich natural resources, with recent major discoveries of oil and gas reserves, lithium deposits and rare earth minerals that are vital for technology demand globally, with developments also underway in its green hydrogen projects. The Namibian government has heralded these discoveries as a transformative period, holding the potential to double the nation’s GDP by 2040.

The country’s economy expanded by 4.2% in 2023 and is projected to expand by 3.1% in 2024 and 3.9% in 2025, following a recovery of 5.3% in 2022 from the COVID-19 pandemic. With its wealth of natural resources, pro-business environment, political stability and increasingly skilled workforce, Namibia offers attractive investment prospects across all sectors.

Forward-Looking Statements:

All statements made in this media release with respect to Trustco’s current plans, estimates, strategies beliefs and other statements that are not historical facts, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or the negative of these words or other similar terms or expressions. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on these forward-looking statements. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

Media Contact

Organization: Trustco Group Holdings

Contact Person: Neville Basson

Website: https://www.tgh.na

Email: Send Email

Contact Number: +264612754501

Address: 2 Keller Street, Trustco House

Address 2: Windhoek

City: Windhoek

State: Khomas

Country: Namibia

Release Id: 04022523302

The post TRUSTCO APPOINTS INDEPENDENT COMMITTEE TO OVERSEE DELISTING PROCESS appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

ZOZOTRADE Exchange Launches Global Infrastructure Expansion to Enhance Trading Speed and System Performance

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ZOZOTRADE Exchange has launched a global infrastructure expansion program to improve transaction speed, system stability, and low-latency execution for users worldwide.

ZOZOTRADE Exchange, a global digital asset trading platform, has announced a major upgrade to its proprietary trading system alongside the deployment of new regional data centers in the United Kingdom, Germany, Switzerland, and Singapore. The initiative is designed to significantly enhance transaction execution speed and system reliability, delivering a lower-latency trading experience for both institutional and retail users across key global markets.

Global Infrastructure Expansion Drives Performance Improvements

The upgrade represents a key milestone in ZOZOTRADE Exchange’s ongoing investment in global digital financial infrastructure. By deploying low-latency server clusters in London, Frankfurt, Zurich, and Singapore, the platform is able to achieve more efficient cross-regional data synchronization and order processing.

Initial performance testing indicates that the upgraded system can reduce transaction latency by up to 60%, providing near real-time execution responsiveness for users operating in major international financial centers.

The enhanced trading engine integrates AI-driven risk control mechanisms and high-frequency trading optimization technologies, improving order-matching precision and overall system resilience. These advancements further strengthen ZOZOTRADE Exchange’s competitive position in high-performance financial technology while addressing the growing demand for institutional-grade trading capabilities.

Infrastructure Development Aligned With Global Compliance Strategy

The four newly established data centers are located in globally recognized financial hubs, selected for their advanced network connectivity, mature regulatory environments, and high concentration of professional market participants. This strategic deployment not only optimizes transaction routing and processing efficiency, but also aligns closely with ZOZOTRADE Exchange’s broader global compliance strategy.

Currently, the ZOZOTRADE exchange operates under the Money Services Business (MSB) framework managed by the Financial Crimes Enforcement Network (FinCEN) in the United States and remains within the system regulated by the U.S. Securities and Exchange Commission (SEC).Through continued regulatory alignment and infrastructure investment across multiple jurisdictions, the platform is strengthening its operational resilience and governance standards.

By establishing compliant technical and operational foundations across the United Kingdom, Germany, Switzerland, and Singapore, ZOZOTRADE Exchange continues to build a secure, transparent, and regulated international digital asset trading ecosystem.

Technology Innovation Supporting Global Strategy

ZOZOTRADE Exchange remains focused on delivering high-performance, scalable trading infrastructure to users worldwide. The combination of system upgrades and synchronized global node deployment is expected to provide a smoother trading experience while supporting high-frequency activity across multiple regional markets.

Looking ahead, the company plans to continue investing in advanced technologies, intelligent systems, and sustainable infrastructure development, contributing to a more efficient, secure, and compliant global digital asset market environment.

About ZOZOTRADE Exchange

ZOZOTRADE Exchange is a global digital asset trading platform focused on providing secure and reliable trading services for users worldwide. The company operates with an emphasis on stable systems, transparent operations, and continuous platform development, serving both retail and institutional market participants.

Media Contact

Organization: ZOZOTRADE

Contact Person: Samuel Whitaker

Website: https://zozotrade.com/

Email: Send Email

Country:United States

Release id:39103

Disclaimer: This press release is for informational purposes only and does not constitute financial, investment, legal, or professional advice. The content should not be relied upon as a basis for making financial or investment decisions.

The post ZOZOTRADE Exchange Launches Global Infrastructure Expansion to Enhance Trading Speed and System Performance appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Youth With A Future Empowers Urban Youth Through Leadership, Mentorship, and Life Skills Development

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Greenwood Village, CO, 16 Dec 2025, ZEX PR WIRE, Youth With A Future, a dynamic nonprofit organization dedicated to uplifting and equipping young people from underserved urban communities, is making a transformative impact through its innovative programs in leadership, mentorship, and life skills development. With a mission to inspire, educate, and empower, the organization is shaping the next generation of leaders who are prepared to thrive personally, academically, and professionally.

Founded on the belief that every young person holds untapped potential, Youth With A Future addresses the challenges that urban youth face — from limited resources and lack of guidance to social and economic barriers. Through a comprehensive, hands-on approach, the organization creates opportunities for growth and equips participants with tools that promote confidence, resilience, and success.

Their spokesperson said, “At Youth With A Future, we believe every young person holds the power to lead, inspire, and transform their community. As part of the Transformational Leadership Forum, our mission is to equip at-risk youth with the tools, values, and opportunities they need to rise above challenges like school dropout, substance abuse, and teen pregnancy. By fostering leadership, responsibility, and vision, we empower the next generation to reach their full potential and create a lasting positive impact.”

YWAF’s approach combines dynamic leadership training with one-on-one mentorship, ensuring that participants receive both the knowledge and personal guidance needed to navigate challenges. Through structured programs, interactive workshops, and community engagement activities, young participants learn practical skills that prepare them for leadership roles in school, work, and civic life.

Mentorship is a cornerstone of YWAF’s model. Each participant is paired with a mentor who provides encouragement, accountability, and real-world advice. This relationship fosters personal growth, enhances decision-making skills, and builds a support network that extends beyond the program.

In addition to leadership and mentorship, YWAF offers training in essential life skills such as communication, financial literacy, goal setting, and conflict resolution. These skills are crucial for long-term success and enable participants to navigate both personal and professional challenges with confidence.

Graduates of YWAF’s programs have gone on to excel in higher education, entrepreneurship, and community leadership roles. Many credit their success to the values, discipline, and vision instilled during their time with Youth With A Future.

By empowering youth to lead, YWAF is creating ripple effects that extend far beyond individual participants. Alumni often return to their communities as mentors, advocates, and role models, inspiring the next generation to rise above obstacles and pursue excellence.

About Youth With A Future
Youth With A Future is part of the Transformational Leadership Forum, a 501(c)(3) non-profit dedicated to developing leaders and empowering young adults from urban areas. Guided by eight core values, YWAF works to prepare at-risk youth to overcome social challenges, discover their leadership potential, and make meaningful contributions to society.

Contact Details

Website: https://www.youthwithafuture.com/

Address: P.O. Box 4665, Greenwood Village, CO 80155

Contact Form: https://www.youthwithafuture.com/contact

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Press Release

MOALA WALLET Exchange Obtains U.S. FinCEN MSB Registration, Advancing Its Global Compliance Strategy

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MOALA WALLET Exchange has obtained registration as a Money Services Business (MSB) with the U.S. Financial Crimes Enforcement Network (FinCEN), marking a significant milestone in its global compliance and regulatory development strategy.

MOALA WALLET Exchange, an innovation-driven digital asset trading platform, has obtained registration as a Money Services Business (MSB) with the U.S. Financial Crimes Enforcement Network (FinCEN). This development represents an important step in the platform’s broader compliance roadmap and strengthens its regulatory foundation for serving users in North America.

The MSB registration is a core compliance requirement for providing certain digital asset–related services in the United States. MOALA WALLET Exchange stated that the registration reflects the platform’s alignment with U.S. regulatory expectations related to financial transparency, risk controls, and operational governance.

Strengthening Regulatory Readiness Through Technology and Governance

During its compliance preparation process, MOALA WALLET Exchange implemented a series of structural and system-level enhancements designed to support regulatory oversight. These measures include advanced identity management frameworks, enhanced data governance controls, and integrated anti-money laundering (AML) and customer due diligence (CDD) procedures.

The platform also introduced modular audit and monitoring interfaces intended to improve traceability and oversight across transaction, identity, and data domains. According to the company, these upgrades were designed to support regulatory reporting requirements while maintaining operational efficiency and data protection standards.

Compliance-as-a-Service Architecture Supporting Multi-Jurisdictional Operations

MOALA WALLET Exchange applies a Compliance-as-a-Service (CaaS) architectural approach to its platform design. This framework enables flexible compliance adaptation across different regulatory environments by structuring identity, transaction, and data management into a layered operating model.

Through this approach, the platform can adjust access permissions, transaction parameters, and data handling practices in response to jurisdiction-specific regulatory requirements. The company stated that this design supports a balanced approach to regulatory alignment, system scalability, and user privacy protection.

MSB Registration as a Foundation for Institutional Engagement

As regulatory scrutiny of digital asset service providers continues to increase globally, MSB registration with FinCEN represents an important compliance baseline for operating within the U.S. financial system. MOALA WALLET Exchange indicated that this milestone enhances the platform’s legal and operational clarity and supports its engagement with institutional counterparties and financial infrastructure providers.

The company views regulatory capability as a key indicator of long-term platform sustainability as the digital asset sector becomes increasingly institutionalized.

Supporting a Transparent and Trusted Digital Asset Ecosystem

MOALA WALLET Exchange stated that obtaining MSB registration further supports its objective of building trusted liquidity and transparent infrastructure within the global digital asset market. The platform plans to continue advancing regulatory alignment through ongoing cooperation with compliance technology providers and regulatory stakeholders across multiple regions.

According to the company, this milestone reinforces its commitment to contributing to a secure, transparent, and responsibly governed digital financial ecosystem.

About MOALA WALLET Exchange

MOALA WALLET Exchange is a global digital asset trading platform focused on building secure, compliance-driven, and resilient financial infrastructure. The company maintains registration with the U.S. Financial Crimes Enforcement Network (FinCEN) as a Money Services Business and continues to advance its regulatory-aligned expansion across international markets, providing digital asset services designed to meet the needs of both institutional and retail participants.

Media Contact

Organization: MOALA WALLET

Contact Person: Christopher Nolan

Website: https://moalawallet.com/

Email: Send Email

Country:United States

Release id:39100

Disclaimer: This press release is provided for general informational purposes only and does not constitute financial, investment, legal, or trading advice. No representations or warranties are made regarding the accuracy or completeness of the information contained herein. Nothing in this release should be interpreted as an offer, solicitation, or recommendation to engage in any financial transaction. Readers should conduct their own independent research and consult qualified professionals before making any financial or business decisions.

The post MOALA WALLET Exchange Obtains U.S. FinCEN MSB Registration, Advancing Its Global Compliance Strategy appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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