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TRUSTCO FOUNDING FAMILY RECEIVES PRIVATE OFFER FROM VELDBRIDGE HOLDINGS IN ORDER TO ACCELERATE LISTING ON SENIOR STOCK EXCHANGE IN THE UNITED STATES

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4 months ago

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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

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Press Release

How to Get Rid of Pimples Launches Comprehensive Ebook to Help People Achieve Clear, Healthy Skin Naturally

Published

1 minute ago

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December 15, 2025

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Georgia, 15th Dec 2025 — How to Get Rid of Pimples, a Germany-based skincare knowledge brand founded by Marcel Schneider, proudly announces the launch of its new ebook, “How to Get Rid of Pimples”—a practical, research-backed guide designed to help individuals eliminate acne safely, effectively, and permanently. Available exclusively at How-to-get-rid-of-pimples.com, the ebook offers one of the most accessible and complete solutions for people struggling with breakouts.

Acne remains one of the most common skin concerns worldwide, affecting both teenagers and adults. While the internet is filled with conflicting advice, harsh chemical solutions, and temporary fixes, Marcel Schneider set out to create a resource that gives readers real, science-backed guidance. The newly released ebook compiles proven skincare strategies, daily routines, diet adjustments, and lifestyle practices aimed at addressing the root causes of pimples—not just the symptoms.

A Clear, Action-Driven Approach to Acne-Free Skin

The ebook breaks down complex dermatological concepts into easy-to-understand steps, making it ideal for beginners and skincare enthusiasts alike. Readers will learn:

  • How pimples form and what truly triggers breakouts
  • The most effective home remedies backed by science
  • Which skincare ingredients to use — and which ones to avoid
  • The correct order for applying products
  • Common lifestyle mistakes that worsen acne
  • Diet and nutrition tips that support clear skin
  • Daily, weekly, and monthly routines for long-term results

Unlike generic online articles, Marcel Schneider’s ebook provides structured, actionable solutions, allowing readers to quickly implement changes and track their skincare progress.

Why This Ebook Stands Out

“What makes this guide different is its simplicity,” said Marcel Schneider, creator of How to Get Rid of Pimples. “People are overwhelmed by so many products and opinions. I wanted to provide a roadmap that actually works—without expensive treatments or confusing terminology. The goal is to help anyone, no matter their skin type, finally gain confidence in their skin.”

The ebook also highlights natural and budget-friendly methods suitable for students, busy professionals, and individuals with sensitive skin. Each recommendation is designed to be practical, safe, and customizable.

Optimized for Real Results

Visitors can access the ebook exclusively through the official website, How-to-get-rid-of-pimples.com, where Marcel Schneider also provides additional educational content. The site aims to become a trusted resource for acne solutions, offering simplified skincare knowledge backed by research and practical experience.

With millions searching online every day for ways to clear their skin, this ebook launches at a critical time. Its holistic approach aligns with the growing global demand for non-toxic, evidence-based skincare solutions.

About “How to Get Rid of Pimples”

How to Get Rid of Pimples is a skincare information brand based in Germany, dedicated to helping people overcome acne through reliable, science-supported knowledge. Founded by skincare enthusiast Marcel Schneider, the company focuses on providing accessible digital education, actionable advice, and simplified skincare routines. The ebook, “How to Get Rid of Pimples,” is the company’s flagship publication, aimed at empowering individuals to understand and treat the real causes of acne.

Media Contact

Organization: How to Get Rid of Pimples

Contact Person: Marcel Schneider

Website: https://how-to-get-rid-of-pimples.com/

Email: Send Email

Country:Georgia

Release id:39080

The post How to Get Rid of Pimples Launches Comprehensive Ebook to Help People Achieve Clear, Healthy Skin Naturally 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

KeyCrew Media Selects Rob Marucci and Better Living Realty LLC as Verified Expert for Connecticut Real Estate Markets and Innovative Property Preparation

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2 minutes ago

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December 15, 2025

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KeyCrew Media, a real estate analytics and media network, has selected Rob Marucci, Broker-Owner of Better Living Realty LLC, as a KeyCrew Verified Expert

Middlebury, Connecticut, United States, 15th Dec 2025 – KeyCrew Media, a real estate analytics and media network, has selected Rob Marucci, Broker-Owner of Better Living Realty LLC, as a KeyCrew Verified Expert. Marucci and Better Living Realty will contribute data-driven analysis on Connecticut housing markets, property value optimization, and innovative real estate service models.

Better Living Realty LLC brings a distinctive approach to real estate through its “Curb to Close” program—a zero-upfront-cost property preparation service. Under Marucci’s leadership as both licensed broker and general contractor, the 30-agent brokerage offers an alternative approach to how properties are prepared for market across Connecticut and Rhode Island.

Established in 2010 during the recession, Better Living Realty has grown into a full-service real estate company serving New Haven and Litchfield Counties in Connecticut, plus select Rhode Island markets. The brokerage specializes in properties ranging from $500,000 to $1 million and differentiates itself through hands-on service that demonstrates measurable value in an industry facing increased scrutiny.

The company’s competitive advantage stems from Marucci’s unique dual licensing as both real estate broker and general contractor—a rare combination that allows Better Living Realty to offer comprehensive in-house services including power washing, painting, landscaping, flooring, electrical work, plumbing, and post-inspection repairs. All improvements are managed with a trusted contractor team, with costs paid only at closing rather than requiring upfront investment from sellers.

In one illustrative example, a Waterbury estate property that had been vacant for five years had an initial contract in place at $202,000. Following strategic improvements totaling approximately $10,700, the property closed with a final contract at $325,000. Another recent project involved strategic updates to convert a property from attracting primarily investor interest to appealing to owner-occupant buyers. Individual results vary based on property condition, market timing, and other factors. Past performance does not guarantee future results.

Marucci brings 18 years of real estate experience spanning the 2008 market crash, pandemic-era dynamics, and current market corrections. His journey began in 2007 when he purchased three investment properties immediately before the crash, then pivoted to become a full-time broker in 2010. He holds a bachelor’s degree in economics from the University of Connecticut and maintains an active portfolio of 14 investment properties, including vacation rentals in Rhode Island’s coastal markets. This dual perspective as both practicing agent and active investor informs Better Living Realty’s client-focused approach and market analysis.

“I’m honored that Better Living Realty has been recognized as a Verified Expert,” said Rob Marucci. “Connecticut’s real estate market is evolving from pandemic-era dynamics back to fundamentals where preparation matters again. Through our Curb to Close program and hands-on market experience, we work to help clients navigate this transition. I’m excited to share insights on market trends, innovative service models, and practical strategies for both consumers and industry professionals in this changing landscape.”

Marucci and Better Living Realty’s areas of expertise include:

  • Connecticut Real Estate Markets — Specialized knowledge in New Haven and Litchfield Counties, with deep understanding of inventory trends, pricing dynamics, and buyer behavior
  • Property Value Optimization — Strategies for preparing properties for market through cost-effective improvements
  • Innovative Real Estate Service Models — Zero-upfront-cost property preparation programs and alternative service delivery approaches
  • Real Estate Investment Strategy — Guidance on cash flow analysis, property management considerations, and portfolio building informed by active investment experience
  • Market Cycle Navigation — Expertise spanning multiple market cycles including 2008 crash, pandemic boom, and current corrections

About Better Living Realty LLC

Better Living Realty LLC is a full-service real estate brokerage established in 2010, serving New Haven, Hartford and Litchfield Counties in Connecticut plus Rhode Island markets. Led by Broker-Owner Rob Marucci, the 30-agent team specializes in residential properties from $500,000 to $1 million and offers comprehensive services including traditional buyer/seller representation, the innovative Curb to Close property preparation program, investment consulting, and post-inspection issue resolution. The brokerage differentiates itself through measurable value delivery, in-house contractor services, and deep local market expertise built over 15 years of operation. Website: www.betterlivingrealtyllc.com

About KeyCrew Media

KeyCrew Media is the next generation real estate intelligence platform that leverages AI-powered analytics and first-person reporting from verified experts to produce forward-looking insights across local markets and niche asset classes. Proprietary market reporting is delivered through KeyCrew’s growing portfolio of niche media properties – including KeyCrew Journal, NextAsset News, and other specialized publications – as well as selectively syndicated to media partners that influence industry decision-makers. Learn more at keycrew.co

Media Contact

Organization: Better Living Realty LLC

Contact Person: Heather Hook

Website: https://www.betterlivingrealtyllc.com/

Email: Send Email

City: Middlebury

State: Connecticut

Country:United States

Release id:38938

The post KeyCrew Media Selects Rob Marucci and Better Living Realty LLC as Verified Expert for Connecticut Real Estate Markets and Innovative Property Preparation 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

Baddass Fanz Introduces Cooling Fan System for Harley Davidson Motorcycles

Published

2 minutes ago

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December 15, 2025

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Family-owned business launches aftermarket cooling solution with direct customer support model

United States, 15th Dec 2025 – Baddass Fanz, a family-owned motorcycle accessories company, announces the availability of its cooling fan system designed for Harley Davidson motorcycles. The product addresses engine temperature management during hot weather riding, extended idle periods, and demanding riding conditions.

Company Background

Baddass Fanz operates as an independent, family-owned business within the motorcycle accessories sector. The company identified demand for aftermarket cooling solutions and developed a product intended to serve Harley Davidson owners seeking thermal management options.

Product Features

The Baddass Fanz cooling fan has been designed for installation by owners without requiring professional mechanical assistance. The company states that the system actively manages engine temperatures across various riding conditions.

Each unit includes warranty protection. The company maintains live customer support representatives available to address questions and provide assistance.

Community Involvement

Baddass Fanz participates in charitable initiatives, with a portion of proceeds directed to selected charitable organizations.

Social Media Presence

The company maintains active accounts on Facebook, Instagram, and YouTube, where it shares product information and installation guidance.

About Baddass Fanz

Baddass Fanz is a family-owned motorcycle accessories company specializing in cooling solutions for Harley Davidson motorcycles. The company emphasizes direct customer communication and owner-installable product design.

CONTACT:

Website: https://baddassfanz.com

Facebook: https://www.facebook.com/baddassfanz

Instagram: https://www.instagram.com/baddassfanz

YouTube: https://www.youtube.com/@Baddassfanz-v1d

Media Contact

Organization: Baddass Fanz

Contact Person: John Watson

Website: https://baddassfanz.com

Email: Send Email

Country:United States

Release id:39036

The post Baddass Fanz Introduces Cooling Fan System for Harley Davidson Motorcycles 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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Cloud PR Wire

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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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