Press Release
TRUSTCO FOUNDING FAMILY RECEIVES PRIVATE OFFER FROM VELDBRIDGE HOLDINGS IN ORDER TO ACCELERATE LISTING ON SENIOR STOCK EXCHANGE IN THE UNITED STATES
Trustco Group Holdings Ltd (“Trustco”) announced that the founding family shareholder of Trustco, and the Group Chief Executive Officer, Dr Quinton van Rooyen, have received a private acquisition offer from VeldBridge Holdings Ltd, a Cayman Islands-incorporated investment company.
The offer encompasses Dr van Rooyen’s entire shareholding in Trustco. Additionally, VeldBridge seeks to acquire debt assets, that include both interest-bearing and non-interest-bearing components, subordinated and first-ranked obligations, as well as secured and unsecured claims totaling NAD 5,053,073,500 (USD 281 million). This is held by the family against various Trustco entities, with the family currently holding 71% of long-term debt across the group.
In terms of the offer, VeldBridge or any of its subsidiaries would provide Trustco with access up to USD 250 million (NAD 4.5 billion) in debt financing at interest rates not exceeding 6.5% per annum. The transaction would also require Trustco to withdraw its current application for a NASDAQ listing under the “TRCO” ticker, enabling VeldBridge to pursue its own international listing strategy.
From Left: Quinton Z van Rooyen, Deputy CEO of Trustco Group Holdings, Advocate Raymond Heathcote SC, Chairman of the Board of Trustco Group Holdings, and Dr Quinton van Rooyen, Group MD of Trustco Group Holdings Limited.
“This offer represents an exciting opportunity for Trustco to accelerate plans for listing on a senior US stock exchange,” said Quinton Z van Rooyen, Deputy CEO of Trustco Group Holdings. “The proposed capital investment of up to USD 250 million (NAD 4.5 billion) would allow the group to pursue growth opportunities and represents another vote of confidence in Trustco’s ability to generate superior returns for its investors.”
“The family has taken note of the offer. We will now engage with like-minded shareholders and debtholders, while pursuing the required regulatory clearances. Namibia recently attracted high-value, long-term growth investment capital, and this is no different. Namibia and its people deserve the confidence that investors place in its prospects, because they earned it over a long time”, said Dr Quinton van Rooyen, Group MD of Trustco Group Holdings Limited.
“This transaction aligns with the long-term interests of Trustco, and we believe has the potential to unlock significant shareholder value. This approach better reflects the intrinsic underlying value of our business and will enable us to capitalize on the tremendous growth prospects that attracted me 15 years ago as Chairman of this Group. The Board and I are always challenged to think dynamically, and we remain committed to doing what is best for our shareholders,” said Advocate Raymond Heathcote SC, Chairman of the Board.
VeldBridge structured the offer through an equity exchange mechanism, offering Dr Quinton van Rooyen or his Nominee over 7.3 billion common shares and 5,000 Series B preferred shares in the acquiring company. The Series B preferred shares would provide Dr van Rooyen with majority voting control in VeldBridge, which intends to pursue a public listing on either NASDAQ or the New York Stock Exchange by the first quarter of 2026.
In addition, Dr van Rooyen would be appointed to VeldBridge’s board of directors. The offer includes a 12-month lock-up period on VeldBridge shares held by Dr van Rooyen following the anticipated public listing.
VeldBridge has also committed to establishing a non-profit foundation in Namibia, providing seed capital of up to USD 5 million (NAD 90 million) for social upliftment projects and community development initiatives. This foundation would operate independently to benefit Namibian communities and support local development programs.
The offer remains valid for acceptance until 21 working days after VeldBridge formally notifies Dr van Rooyen of its application to either NASDAQ or NYSE for listing approval or the withdrawal of Trustco’s NASDAQ application, whichever date is last. Regulatory and foreign exchange approvals will be required where applicable. The transaction is subject to required regulatory approvals and definitive agreements being concluded on acceptance of the offer, of which the terms may vary from the offer.
The Board notes that VeldBridge is entitled to privately negotiate with any other Trustco shareholders to acquire some or all of their shares, while Trustco remains entitled to repurchase any of its issued shares. The Board of Trustco acknowledges that this is a private offer made directly to Dr van Rooyen in his capacity as a shareholder and creditor and has not been asked to provide a recommendation on the offer at this time.
Shareholders and investors are advised that the Company will issue further announcements regarding any material developments related to this offer as appropriate.
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.
About Namibia:
Namibia is a Southern African country with a population of approximately three million and a GDP per capita of USD 4 266 in 2024. 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 3.7% in 2024 and is projected to expand by 3.8% in 2025 and 4.0% in 2026. 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:32047
The post TRUSTCO FOUNDING FAMILY RECEIVES PRIVATE OFFER FROM VELDBRIDGE HOLDINGS IN ORDER TO ACCELERATE LISTING ON SENIOR STOCK EXCHANGE IN THE UNITED STATES 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
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.
Sunhome, a leading global solar solution provider of integrated home solar and storage systems, took a significant step to elevate its profile in the British market with a successful exhibition at Solar & Storage Live in Birmingham, happening from 23rd September to 25th September.
BIRMINGHAM, England, 10th Oct. Sunhome, a leading global solar solution provider of integrated home solar and storage systems, took a significant step to elevate its profile in the British market with a successful exhibition at Solar & Storage Live in Birmingham, happening from 23rd September to 25th September.
This event served as a platform to unveil Sunhome’s full suite of residential solar solutions designed for UK households, highlighting the company’s game-changing one-stop-shop strategy.
In the UK, many homeowners face fragmented energy solutions — systems built from components supplied by different manufacturers often result in inconsistent quality, complicated installation, and unclear after-sales responsibilities. Sunhome’s newly introduced one-stop residential solar solution directly addresses these challenges. This integrated system combines high-efficiency solar panels, inverters (3kW–6kW), and batteries (5kWh–20kWh), along with heating integration. By offering a fully unified system from a single brand, Sunhome redefines the residential solar experience—ensuring reliability, simplified installation, and seamless after-sales support for every household.
Placing safety at the forefront, the Sunhome Smart Energy System is equipped with 24-hour monitoring of key electrical parameters, including leakage and overload protection. Its three-level defense system—early warning, threshold alerts, and protective shutdown—provides comprehensive real-time protection. Furthermore, the system’s precise arc detection and ultra-fast disconnection capabilities exceed industry safety standards, establishing a new benchmark for home energy protection.
Beyond the product showcase, a key highlight was the demonstration of Sunhome’s proprietary AI-powered modelling software, iSolarRoof, which leverages Google Maps to perform remote roof assessments and generate customized system designs. This innovation reinforces Sunhome’s commitment to technology-driven solutions and positions the company as a leader in delivering accurate, transparent, and tailored energy plans for homeowners.
Looking ahead, Sunhome also showcased its balcony photovoltaic storage system—a forward-thinking solution designed to serve the flat-dwelling market once UK regulations permit. This move highlights the company’s proactive approach and vision as an industry innovator.
About Sunhome
Founded in 2013, Sunhome has established itself as a leading global technology brand dedicated to transforming residential energy. Through over a decade of innovation and its proprietary full-stack technology, Sunhome is committed to delivering integrated solutions that make a seamless, intelligent, and sustainable energy future accessible to families worldwide.
Media Contact
Organization: UK RUSH PRODUCTIONS
Contact Person: Claire
Website: https://www.ukrushproductions.com/
Email: Send Email
Contact Number: +447498387712
Address:Suite 2a Blackthorn House, St. Pauls Square
Address 2: Birmingham, United Kingdom, B3 1RL
City: Birmingham
Country:United Kingdom
Release id:35225
The post Sunhome Brings One-Stop Solar Energy Solutions to UK Households 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
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.
Press Release
James Jara New Book Empowers CTOs and HR Leaders to Build High-Performing Remote Teams Across Latin America
Technology strategist James Jara’s new book, Nearshoring Staff Augmentation in Latin America, reveals how companies can tap into Latin America’s skilled tech talent to build scalable remote teams, reduce costs, and drive innovation through trust-based partnerships across Mexico, Colombia, Brazil, Argentina, and Costa Rica.
James Jara’s new book, Nearshoring Staff Augmentation in Latin America
As global businesses search for new ways to scale efficiently and attract top-tier talent, James Jara’s new book, Nearshoring Staff Augmentation in Latin America, arrives as a timely roadmap for technology executives, HR leaders, and founders rethinking their global strategy.
The book explores how the rapid digital transformation of Latin America has positioned the region as one of the world’s most strategic talent hubs. Through real-world experience and data-driven analysis, Jara outlines how companies can reduce costs, expand capacity, and maintain product quality through nearshoring — without sacrificing cultural alignment or operational control.
Drawing from more than a decade leading software ventures across LATAM, Jara details how nearshoring staff augmentation works in practice — from evaluating partner countries like Mexico, Colombia, Argentina, Brazil, and Costa Rica, to establishing effective cross-border workflows. He explains how organizations can blend agility with structure, mitigate timezone challenges, and create distributed teams that perform at Silicon Valley standards.
“We’re witnessing a massive shift in how and where innovation happens,” says James Jara. “Latin America has the skills, energy, and proximity to become the natural extension of the world’s top tech companies. This book gives leaders the playbook to make that transformation a reality.”
Beyond the technical frameworks, Nearshoring Staff Augmentation in Latin America explores the human side of collaboration — emphasizing trust, cultural synergy, and long-term sustainability over short-term outsourcing tactics. Jara encourages executives to see nearshoring not just as a cost-saving model, but as an opportunity to unlock innovation through relationships built on shared values and vision.
The book positions Latin America as a vital player in the future of global technology, driven by a new generation of bilingual engineers, designers, and innovators ready to operate at global scale.
Nearshoring Staff Augmentation in Latin America: Unlocking Market Opportunities for Businesses and Startups is available worldwide in paperback and ebook formats. Readers can learn more at James Jara Nearshoring Staff Augmentation in Latin America or purchase it directly on Amazon Nearshoring Staff Augmentation in Latin America Book.
About the Author
James Jara is a technology entrepreneur and nearshoring strategist with over 15 years of experience building distributed software teams across Latin America. He is the founder of multiple ventures in tech, staffing, and AI, and is known for helping global companies scale efficiently by leveraging top-tier LATAM talent.
Media Contact
Organization: James Jara
Contact Person: James Jara
Website: https://jamesjara.com
Email:
contact@jamesjara.com
Country:United States
Release id:35256
The post James Jara New Book Empowers CTOs and HR Leaders to Build High-Performing Remote Teams Across Latin America 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
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.
Press Release
Dream California Getaway Names Bestselling Author & Fighting Entrepreneur Tony Deoleo Official Spokesperson Unveils Menifee Luxury Retreat
Menifee, California — October 2025 — Dream California Getaway Vacation Homes & Luxury Corporate Rentals, an international luxury lifestyle brand with operations across the United States, the Caribbean, and Asia, proudly announces Tony Deoleo, bestselling author and globally recognized as “The Fighting Entrepreneur,” as its official spokesperson.
This powerful partnership coincides with the unveiling of Dream California Getaway’s newest luxury retreat — a breathtaking architectural masterpiece nestled in the scenic hills of Menifee, California. Blending modern California elegance with resort-style serenity, the three-bedroom, two-bathroom residence delivers a private escape designed to inspire, rejuvenate, and captivate.
“This Menifee retreat isn’t just a property — it’s a statement,” said Tony Deoleo. “Every detail reflects the spirit of Dream California Getaway: bold, elegant, and internationally connected. It’s about living beautifully, dreaming bigger, and redefining what luxury truly means.”
The Menifee Luxury Retreat welcomes guests into a world of refined sophistication, featuring custom finishes, designer furnishings, and a seamless connection between indoor comfort and outdoor tranquility. From golden sunset evenings beneath the California sky, every moment embodies the Dream California Getaway promise — luxury with soul.
Explore the Menifee Retreat:
Airbnb Listing: https://www.airbnb.com/rooms/974707914516603346
Zillow Listing: https://www.zillow.com/homedetails/Menifee-CA-92584/95975822_zpid/
Teaser Trailer: https://youtube.com/shorts/s3y971OnvXE
With growing operations spanning California, the Caribbean, and Asia, Dream California Getaway Vacation Homes & Luxury Corporate Rentals continues to set a global standard for upscale travel and executive living. Each residence is meticulously curated to deliver comfort, class, and connection — whether for a film production stay, an executive relocation, or a month-long escape in paradise.
About Tony Deoleo
Tony Deoleo, bestselling author and famously known as “The Fighting Entrepreneur,” is an international business strategist and motivational leader celebrated for his relentless energy, bold vision, and global influence. His appointment as spokesperson for Dream California Getaway unites two powerhouses of inspiration — one redefining success, the other redefining luxury.
About Dream California Getaway Vacation Homes & Luxury Corporate Rentals
Dream California Getaway is a premier international luxury brand specializing in high-end vacation homes and executive corporate rentals. With active operations throughout the USA, Caribbean, and Asia, the company is committed to delivering world-class hospitality through modern design, personalized comfort, and unforgettable experiences. Whether for business, film, or leisure, Dream California Getaway transforms every stay into a world of elegance and inspiration.
Media Contact
Dream California Getaway Vacation Homes & Luxury Corporate Rentals
Email: tdeoleo@deoleodigitalpublishing.com
Phone: (818) 850-1165
Dream California Getaway Vacation Homes and Luxury Corporate Rentals
Media Contact
Organization: Deoleo Public Relations Firm
Contact Person: Tony Deoleo
Website: https://deoleopublicrelationsfirm.godaddysites.com/?sfnsn=mo
Email:
tdeoleo@deoleodigitalpublishing.com
Contact Number: +18184581974
Address:506 S. spring st
City: Los Angeles
State: CA
Country:United States
Release id:35232
The post Dream California Getaway Names Bestselling Author & Fighting Entrepreneur Tony Deoleo Official Spokesperson Unveils Menifee Luxury Retreat 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
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.
James Jara New Book Empowers CTOs and HR Leaders to Build High-Performing Remote Teams Across Latin America
Sunhome Brings One-Stop Solar Energy Solutions to UK Households
Dream California Getaway Names Bestselling Author & Fighting Entrepreneur Tony Deoleo Official Spokesperson Unveils Menifee Luxury Retreat
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