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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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BioGrowing Shines at IPA World Congress + Probiota 2025, Showcasing Innovations in Probiotics and Postbiotics

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Copenhagen, Denmark, February 5-7, 2025 — BioGrowing, a globally leading manufacturer of probiotics, postbiotics, and starter cultures, participated as a platinum sponsor in the IPA World Congress + Probiota 2025 conference held in Copenhagen, Denmark. Organized by NutraIngredients.com, the conference aims to combine microbiome science with the commercial sector, facilitating industry scholars to share the latest insights and explore scientific frontiers.

During the three-day conference, experts from BioGrowing engaged in panel discussions and roundtable discussions, focusing on important topics such as “Postbiotics” and “Probiotics and Weight Management: Science or Myth?” They shared the latest research findings and solutions while showcasing their newest probiotic products.

The global market size for postbiotics (including dietary supplements, functional foods, yogurt, etc.) is currently $1.6 billion, with a projected growth rate of 7% over the next decade. There is immense potential and scope for application. During the postbiotics panel discussion, Dr. Hongwei Wang, Chief Technology Officer of BioGrowing, delved into the safety and industry development trends of postbiotics alongside global experts. He also introduced the strategic goals and efforts of BioGrowing in the field of postbiotics, demonstrating the company’s leadership in driving innovation within the industry.

The combination of probiotics, postbiotics, and prebiotics is referred to as “Tribiotics”. The so-called Tribiotics formula scientifically integrates these three components to achieve a result where 1 + 1 + 1 > 3. Currently, the concept of Tribiotics is becoming increasingly familiar to consumers, some products labeled as “tribiotics” have already entered the Best Sellers List on Amazon. The market trend has clearly begun.

As a leading enterprise in the industry, BioGrowing not only offers high-efficiency probiotic products but also focuses on the research and application of postbiotics. Our postbiotic product line includes: Lacticaseibacillus paracasei LPc-G110, Lacticaseibacillus rhamnosus JL1, Lactiplantibacillus plantarum J26,  Lactiplantibacillus plantarum ZJUF N1, Lactiplantibacillus plantarum Lp-G18. All these products are patented, characterized by purity, safety, and ease of storage. Their functional applications include oral health, anti-inflammation, metabolic regulation, and weight loss, making them widely applicable in dietary supplements like gummies, powders, and capsules, as well as in food products such as yogurt, soft drinks, and snacks.

Today, many formulations from BioGrowing feature the Tribiotics formula, which not only provides a diverse range of probiotics but also supports their sustenance and enhances the environment in which they thrive. This approach enables probiotics to flourish and multiply in the body for an extended duration. Notably, on a leading e-commerce platform in China, the top-selling probiotic beverage incorporates BioGrowing’s Tribiotics.

As health awareness continues to rise, the potential of probiotics is being increasingly explored. Weight management, as a crucial area within the health sector, has become a global focal point. According to the 2023 edition of the “World Obesity Map,” it is predicted that by 2035, over 4 billion people worldwide will be classified as obese or overweight, accounting for 51% of the global population. The role of probiotics in weight management is gaining increasing attention, leading many major functional food brands to strategize around probiotic weight loss products.

This roundtable discussion on probiotics and weight management was hosted by Monica Wang, the overseas director of BioGrowing. During the meeting, BioGrowing showcased its latest research findings in the field of patented strains in weight management.

After years of dedicated exploration, BioGrowing has successfully identified a series of promising patented strains, such as Lactiplantibacillus plantarum Lp-G18, Lactobacillus gasseri LG-G12, and Lactiplantibacillus plantarum N1 (live bacteria + postbiotics). These strains have demonstrated effective weight management results in clinical studies, offering new scientific solutions for weight management by regulating gut microbiota and improving metabolic functions.

BioGrowing looks forward to promoting innovation and development in the fields of probiotics and postbiotics in collaboration with industry peers.

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Press Release

New York Think Tank Capital Management advances sustainable investments for shared growth

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New York Think Tank Capital Management has become a benchmark of innovation and responsibility in the global investment field, particularly excelling in achieving financial returns alongside positive societal impact through sustainable investments. By leveraging deep expertise in traditional finance and emerging technologies, the company has successfully implemented investment strategies that promote shared growth. These strategies demonstrate a delicate balance between profitability and responsibility, firmly establishing the company as a leader in the financial industry. Whether in the development of trading signals, AI-powered copy trading, or digital transformation initiatives, the company continues to lead the way, driving innovation across the sector.

One of the company’s most notable achievements is its pioneering practice in trading signal incubation. New York Think Tank Capital Management has focused on supporting the growth of emerging projects through trading signal token initiatives, positioning incubator tokens as a key resource for early-stage project development. These unique tokens, issued by incubators or development teams, provide vital funding, marketing support, and incentives for investors, helping projects grow from the ground up into fully developed ecosystems. What sets these tokens apart is that they are typically traded exclusively on spot markets and have not yet entered futures or derivative trading markets. This model reduces volatility risks and mitigates regulatory and liquidity concerns, offering investors a more direct way to participate in the growth of emerging projects.

The incubator token model provides comprehensive support for the development of new projects. From early funding to attracting initial investors and engaging a broader community, these tokens enable projects to grow steadily while promoting diversification and transparency within the blockchain ecosystem. As the market continues to mature, this model is also evolving, with the potential to expand into more diverse trading formats in the future, creating additional opportunities and benefits for investors globally.

In addition to its achievements in trading signal incubation, New York Think Tank Capital Management has made remarkable progress in AI-powered copy trading. Through its advanced AI algorithms, the company has developed a highly automated system for analyzing and executing trading signals. This system significantly enhances trading efficiency while providing a seamless user experience. Investors, regardless of their knowledge of market dynamics or trading strategies, can replicate the actions of top traders through the platform, reducing complexity and achieving higher returns while minimizing risks. The AI system processes vast amounts of market data in real-time and tracks global financial news to generate precise trading signals. These signals help investors capitalize on the best trading opportunities, optimize profitability, and mitigate risks, ensuring stable returns even in volatile market conditions. This advanced technology opens the door for more people to participate in the digital asset market with confidence and ease.

New York Think Tank Capital Management has also deeply integrated AI technology into its investment solutions, offering a range of innovative financial products. These solutions combine intelligent trading analysis with market insights, enabling investors to manage their portfolios efficiently while avoiding many challenges posed by traditional markets. By continually advancing its technology, the company not only enhances customer satisfaction but also makes the opportunities within the digital asset market more accessible to a broader audience.

The company’s success stems not only from its technological innovation but also from its forward-looking global vision and deep industry insight. New York Think Tank Capital Management not only tracks market trends and technological developments but also deeply understands the needs of its clients, providing tailored solutions that meet their specific goals. The company’s team of analysts works around the clock to monitor global market movements and identify opportunities, offering clients forward-thinking investment strategies. This comprehensive approach ensures that clients maintain a competitive edge in an increasingly complex market while reinforcing the company’s reputation for trust and excellence.

Looking ahead, New York Think Tank Capital Management plans to further expand its presence in trading signal development and AI-powered trading, forge more industry partnerships, and develop new investment tools and service models. The company will also continue to explore opportunities in blockchain technology and AI, offering more diverse and efficient investment options for its clients. Through these strategic initiatives, the company is committed to driving the financial industry toward greater intelligence, efficiency, and sustainability.

In promoting sustainable investments, New York Think Tank Capital Management is not just an industry leader but also a driving force for global financial innovation and shared growth. By focusing on the application of innovative technologies and the development of diversified investment models, the company continues to create value for global investors while fostering healthy industry growth. By integrating financial returns with social responsibility, New York Think Tank Capital Management is crafting a lasting legacy centered on innovation and accountability.

For more information on New York Think Tank Capital Management’s services and strategic initiatives, visit its official website: https://newyorkstaff.com/

Contact name: Micheal Robert

Company name: New York ThinkTank Capital Managemenet

Website https: https://newyorkstaff.com/

Country: New York

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Spreadsheet Panda Launches to Empower Excel Users in an AI-Driven World

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Spreadsheet Panda, a new website dedicated to providing free and premium Excel tutorials, has officially launched. The platform offers step-by-step guides, expert tips, and comprehensive lessons designed to help users master Excel, regardless of their skill level. Visit Spreadsheet Panda to start learning today.

Manhattan, New York, United States, 8th Feb 2025 – Spreadsheet Panda, a new online platform offering free and premium Excel tutorials, has officially launched. The platform goes beyond traditional spreadsheet skills, equipping users with the tools and knowledge to thrive in an increasingly AI-driven workplace. At Spreadsheet Panda, users can master Excel while learning how to integrate these skills with AI-powered tools for smarter, faster decision-making.

“With Spreadsheet Panda, we’re not just teaching Excel; we’re helping users prepare for the future of work,” said Ciarain Byrne, founder of the platform. “As artificial intelligence becomes a bigger part of business processes, understanding how to use Excel in tandem with AI tools is essential. Our tutorials focus on real-world applications to help users stay ahead.”

Key Features

  • Free and Premium Tutorials – Covering everything from basic formulas to advanced data analysis, with an emphasis on AI integration.
  • AI-Focused Learning – Tutorials include ways to leverage AI-powered Excel tools like predictive analytics, data visualization, and automation features.
  • Easy-to-Follow Guides – Step-by-step instructions designed for real-world use cases.
  • Expert Insights – Lessons developed by Excel and AI professionals.
  • Regular Updates – Fresh content added to keep users current with evolving technologies.

As artificial intelligence continues to shape industries, Spreadsheet Panda helps users develop skills that are both foundational and forward-thinking. Whether automating reports or analyzing large datasets, users can learn how to work smarter using the latest AI innovations.

About Spreadsheet Panda

Spreadsheet Panda specializes in providing high-quality Excel tutorials for users of all levels. The platform focuses on blending essential spreadsheet skills with emerging AI tools to prepare users for the future of work. Based in New York City, Spreadsheet Panda is dedicated to making Excel learning accessible and practical.

Media Contact

Organization: Spreadsheet Panda

Contact Person: Ciarain Byrne

Website: https://www.spreadsheetpanda.com/

Email: Send Email

Contact Number: +19175401662

Address: 477 Madison Ave

Address 2: 6th floor, Suite 46

City: Manhattan

State: New York

Country: United States

Release Id: 08022523545

The post Spreadsheet Panda Launches to Empower Excel Users in an AI-Driven World 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.

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