Connect with us

Press Release

TRUSTCO APPOINTS INDEPENDENT COMMITTEE TO OVERSEE DELISTING PROCESS

Published

on

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.

About Author

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.

Continue Reading

Press Release

Agra Shiv Tour And Travels ASTT Introduces Premium Taxi Services in Agra and Reliable Car Rental Agency in Agra

Published

on

India, 24th Nov 2025 – Agra Shiv Tour And Travels (ASTT), a trusted name in the travel and transportation industry, proudly announces the expansion of its premium Taxi Services in Agra and Car Rental Agency in Agra solutions. With more than 14 years of industry experience, ASTT continues to set new standards in customer satisfaction, safety, and professional travel services.

With a strong focus on customer comfort and punctuality, Agra Shiv Tour And Travels (ASTT) offers a wide range of well-maintained vehicles including sedans, SUVs, luxury cars, and tempo travellers. Each vehicle is operated by experienced and courteous drivers to ensure a smooth and stress-free journey for every customer.

Expanding Local and Outstation Travel Services

ASTT has strengthened its service network to cover local sightseeing in Agra, airport transfers, railway station pickups, hotel transfers, and long-distance outstation journeys. As a professional Car Rental Agency in Agra, the company provides flexible rental options such as one-way trips, round trips, full-day rentals, and customized tour packages.

“Our mission is to deliver reliable, affordable, and customer-centric Taxi Services in Agra that travelers can trust. We focus on safety, transparency in pricing, and 24/7 customer support,” said a spokesperson from Agra Shiv Tour And Travels.

Why Choose Agra Shiv Tour And Travels (ASTT)?

  • Trusted and experienced Taxi Services in Agra
  • Professional Car Rental Agency in Agra with modern vehicles
  • Trained and verified drivers
  • Transparent pricing with no hidden charges
  • 24/7 customer support and easy booking process

Contact Information

Company Name: Agra Shiv Tour And Travels (ASTT)
Service Keywords: Taxi Services in Agra | Car Rental Agency in Agra
Phone: +91-9759000249
Website: https://www.agrashivtourandtravels.com/ 

Location: Agra, Uttar Pradesh, India

Media Contact

Organization: Agra Shiv Tour And Travels (ASTT)

Contact Person: Shiv Kumar

Website: https://www.agrashivtourandtravels.com/

Email: Send Email

Country:India

Release id:37683

The post Agra Shiv Tour And Travels ASTT Introduces Premium Taxi Services in Agra and Reliable Car Rental Agency in Agra 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

file

About Author

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.

Continue Reading

Press Release

Advanced Data Collection Becomes Cornerstone of Modern Business Strategy

Published

on

In a competitive environment, access to accurate and comprehensive market data is essential for strategic decision-making across all industries, rather than a mere luxury.

Hong Kong S.A.R., 24th Nov 2025 – The digital transformation of commerce has elevated data-driven decision-making from a best practice to a core business imperative. Companies across sectors—from e-commerce and finance to travel and technology—rely on real-time information about competitor pricing, consumer sentiment, and market availability. However, obtaining this intelligence at scale presents a significant technical challenge. Sophisticated anti-bot systems and geo-restrictions often block or distort the data, leaving businesses with an incomplete and unreliable picture.

The technical barrier lies in the ability to gather data in a way that appears organic to target websites. This requires distributing requests across a diverse array of IP addresses that mimic genuine user traffic, thereby avoiding detection and ensuring the integrity of the collected information. This process demands a robust and ethically-managed infrastructure to be effective and sustainable.

Navigating this complex environment requires specialized tools. SwiftProxy provides the critical infrastructure necessary for this level of advanced market intelligence. The SwiftProxy network enables businesses to conduct large-scale data collection through a secure and distributed framework, ensuring access to accurate, geo-specific information. By facilitating reliable data aggregation, SwiftProxy empowers companies to base their strategic moves on a foundation of complete and verified market intelligence, turning information into a tangible competitive advantage.

Media Contact

Organization: Mescent Network Inc Limited

Contact Person: Lewis

Website: https://www.swiftproxy.net

Email: Send Email

Contact Number: +8613357729503

Address:ROOM 2205, 655 NATHAN ROAD, KOWLONG, HONG KONG

City: Hong Kong

State: Hong Kong

Country:Hong Kong S.A.R.

Release id:37684

The post Advanced Data Collection Becomes Cornerstone of Modern Business 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

file

About Author

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.

Continue Reading

Press Release

SwiftProxy Launches Business Continuity Proxy Solution for Enterprise Access Management

Published

on

SwiftProxy launches a new proxy solution designed to maintain enterprise access to critical digital platforms during IP-based service disruptions.

Hong Kong S.A.R., 24th Nov 2025 – SwiftProxy today announced the launch of its Business Continuity Proxy Solution, designed to help enterprises maintain operational stability when facing IP-based access restrictions. This new service provides organizations with immediate alternative IP pathways to critical business platforms and services, ensuring that operations continue without interruption.

The solution addresses the challenges businesses face when IP-based blocks restrict access to essential software services, partner portals, or marketing platforms. SwiftProxy’s extensive network of authenticated IP addresses allows businesses to quickly rotate IPs, ensuring uninterrupted access while access issues are resolved through proper channels.

“Enterprises require uninterrupted access to cloud-based services for daily operations,” said a SwiftProxy company representative. “Our Business Continuity Proxy Solution ensures that businesses can maintain productivity and operational resilience, even during unexpected access disruptions, all while maintaining platform compliance.”

The service features enterprise-grade IP rotation capabilities, compliant access management protocols, and immediate deployment options. SwiftProxy maintains a constantly refreshed pool of IP addresses to ensure businesses stay connected to critical applications without downtime.

The Business Continuity Proxy Solution is now available to enterprise clients, with flexible deployment options tailored to different organizational sizes and industry needs. The service integrates seamlessly into existing enterprise security frameworks, providing the flexibility businesses need to maintain access and stability.

Media Contact

Organization: Mescent Network Inc Limited

Contact Person: Lewis

Website: https://www.swiftproxy.net

Email: Send Email

Contact Number: +8613357729503

Address:ROOM 2205, 655 NATHAN ROAD, KOWLONG, HONG KONG

City: Hong Kong

State: Hong Kong

Country:Hong Kong S.A.R.

Release id:37426

The post SwiftProxy Launches Business Continuity Proxy Solution for Enterprise Access Management 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

file

About Author

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.

Continue Reading

LATEST POST