Royal Exchange Assurance Nigeria Plc (ROYALE.ng) 2015 Annual Report

first_imgRoyal Exchange Assurance Nigeria Plc (ROYALE.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2015 annual report.For more information about Royal Exchange Assurance Nigeria Plc (ROYALE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Royal Exchange Assurance Nigeria Plc (ROYALE.ng) company page on AfricanFinancials.Document: Royal Exchange Assurance Nigeria Plc (ROYALE.ng)  2015 annual report.Company ProfileRoyal Exchange Assurance Nigeria Plc is an insurance company in Nigeria licensed to cover life and non-life insurance. This includes general insurance, health insurance and life assurance. The company also offers banking products and services for asset management, credit financing and microfinancing. General insurance products include money guard, burglary protection, fire protection, transit plan, public building liability, motor guard, workmen’s plan, personal and group care, group life assurance, home secure, aviation, marine, engineering, oil and gas, in-house protection and bonds and professional indemnity services. Other general insurance products include heritage, family support, personal, tuition, investment annuity, educational endowment, endowment plans and mortgage protection assurance products. Royal Exchange Assurance Nigeria Plc offers reserve investment accounts, investment notes, high-yield investment papers, vehicle and asset acquisition scheme, mortgage financing and financial advisory services. Credit products include finance and customer leasing, short-term and trade finance loans, and short-term project and LPO financing services. Royal Exchange Assurance Nigeria Plc offers a range of products and services for healthcare insurance and operates as a health maintenance organisation which provides financial intermediation within the health industry. The company’s head office is in Lagos, Nigeria. Royal Exchange Assurance Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Constance Hotels Services Limited (CHSL.mu) Q12019 Interim Report

first_imgConstance Hotels Services Limited (CHSL.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2019 interim results for the first quarter.For more information about Constance Hotels Services Limited (CHSL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Constance Hotels Services Limited (CHSL.mu) company page on AfricanFinancials.Document: Constance Hotels Services Limited (CHSL.mu)  2019 interim results for the first quarter.Company ProfileConstance Hotels Services Limited is a Mauritian company engaged in the management and ownership of hotels and resorts that include Ultimate hotels and Unique resorts in the Indian Ocean. The Ultimate hotels collection includes Constance Le Prince Maurice- Mauritius, Constance Lemuria- Seychelles and Constance Halaveli- Maldives whilst the company’s Unique resorts collection includes Constance Belle Mare Plage- Mauritius, Constance Ephelia- Seychelles, Constance Moofushi- Maldives and Constance Tsarabanjina- Madagascar. Constance Hotels Services Limited is listed on the Stock Exchange of Mauritius.last_img read more

A message from the Bishop of Ecuador Litoral

first_img Rector Belleville, IL Priest-in-Charge Lebanon, OH An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Assistant/Associate Rector Morristown, NJ Rector Bath, NC Tags Latin America, Featured Jobs & Calls Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Associate Rector Columbus, GA April 26, 2016 at 2:01 am Ecuador does need help. The northern coast of Ecuador has been struggling economically and also had been hit by heavy rains , flooding, many landslides and mosquito borne diseases for some time prior to these earthquakes. The country has seen a recession due to the extended drop in oil prices and the government budget has had to shrink as a result. Roads, utilities, schools, hospitals, clinics, and all other public buildings will need to be rebuilt as well as homes, stores and private businesses. It is truly inspiring to watch the generosity and caring spirit of the Ecuadorian people for their countrymen on the coast. I have seen poor communities pool all their resources and show up the day after the first earthquake with huge donations of food, water, clothing and medical supplies. The most moving thing I saw was an elderly barefooted country woman walk into the donation site with a liter of water and clothing. I had seen her go to that site several times for the monthly food distributions for the poor. That liter of water probably was a huge part of her income. I hope you can be generous in funding earthquake recovery for Ecuador. A message from the Bishop of Ecuador Litoral ‘God is our refuge and strength, a very present help in trouble.’ Psalm 46:1 TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Curate Diocese of Nebraska The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Youth Minister Lorton, VA Rector Washington, DC Press Release Service The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Submit a Press Release Assistant/Associate Priest Scottsdale, AZ Priest Associate or Director of Adult Ministries Greenville, SC Rector Shreveport, LA Rector Albany, NY Rector Knoxville, TN Rector (FT or PT) Indian River, MI Rector/Priest in Charge (PT) Lisbon, ME Comments (1) Director of Administration & Finance Atlanta, GA Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Director of Music Morristown, NJ Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Family Ministry Coordinator Baton Rouge, LA The Rt. Rev. Alfredo Morante   [email protected] Sabrina Garcia [email protected]: +593-4-244-3088  or +593-4-244-3088 Canon for Family Ministry Jackson, MS Portoviejo is one of the areas most affected by the earthquake. Photo: Jairo ChiranDear friends, we would like to express our deep gratitude for the messages of affection and prayers we have received for our Diocese and our country during this very difficult time.We have lived an unforgettable experience in which we feared for our lives, the lives of our loved ones, and the lives of the members of our faith community. We have clung with deep fervor to the protective hand of our God.While seeing images in the newspapers and social networks, I just think about the suffering of our compatriots.I pray for comfort and solidarity for all those who have lost loved ones, that God would also encourage them and restore them in His infinite mercy and goodness.The coastal area of our country suffered considerable damage to its infrastructure, loss of life, and a large number of people are injured and missing. One of the most affected areas by the earthquake are the cities of Manta and Portoviejo and the town of La Pila, where our church has a presence. We are getting reports that 48 church members’ homes are completely or partially destroyed and three churches have considerable damage in their physical structure. Fortunately, there was no loss of life among our members, but there are some with bruises and physical and psychological trauma.The community is already engaged because there are basic needs of drinking water, food, medicine, first-aid kits, and basic tools. In general, all the elements needed for rescue efforts.There are many victims that require our attention. We will seek ways to send help although the roads have been affected. With the help of the National Police or other government agency we will find a way to reach those who need it the most.We appreciate your prayers and support,The Rt. Rev. Alfredo Morante EspañaBishop of Ecuador LitoralDonors can direct support Episcopal Relief & Development’s disaster fund.Or contact the diocese directly: New Berrigan Book With Episcopal Roots Cascade Books Comments are closed. Cathedral Dean Boise, ID Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Course Director Jerusalem, Israel Posted Apr 19, 2016 Rector Collierville, TN Submit a Job Listing Associate Priest for Pastoral Care New York, NY Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Submit an Event Listing Bishop Diocesan Springfield, IL Rector and Chaplain Eugene, OR Rector Hopkinsville, KY Province IX Missioner for Disaster Resilience Sacramento, CA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Tampa, FL Rector Smithfield, NC Associate Rector for Family Ministries Anchorage, AK Assistant/Associate Rector Washington, DC Rector Martinsville, VA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Featured Events Eileen Morgan says: Rector Pittsburgh, PA Curate (Associate & Priest-in-Charge) Traverse City, MIlast_img read more

Survival in the SFR Market Requires Unorthodox Acquisition Strategies

first_img With more and more investors entering the single-family rental space, that means more competition. And more competition means getting creative when it comes to acquiring investment properties.”It comes down to looking outside the box,” said Brennan Reid, CEO of Florida-based Joyce Reid Capital. “Everyone knows how to buy REOs and knows how to buy off MLS. The thing is looking into other acquisition strategies.”Reid was a panelist in the Property Types and Acquisitions discussion of the Property Acquisition Lab of the inaugural Five Star Institute Single-Family Rental Summit in Las Vegas on Monday, October 12. Moderated by OwnAmerica CEO Greg Rand, the panel also included Sepehr Bekam, Principal with Dyson Investment Properties, Chris Crippen, Managing Director, US Residential Asset Fund, and Eddie Speed, President/Founder of Note School.”Strategic alliances are been very huge for us,” Reid said. “A lot of the leads we get actually stem from our management company, and we’re able to source for our management company and make it a win-win there as well. The probate market is something we’re really honing in on and it’s been very good to us.”Reid said he receives properties from his attorneys who have suggested the services of Reid’s company to the attorney’s client.”They’re sitting down hearing their clients problems or issues,” Reid said. “Maybe they inherited a home in Florida but they live in Texas. Maybe they don’t have the means or the management to take over that property. If someone inherits a home out of state, they don’t have the funds for the property taxes or to rehab the property. It’s just a headache and additional expenses they didn’t expect, and now they have to take on. So we’re offering an exit strategy for us to come in and close quick and pay cash. So either we can put that into a management program or we can offer cash for that asset to liquidate, buy it at a discount, and then sell it to our management partners for a buy and hold asset.””We’re not the only players in the game anymore. So we’re adapting and finding other ways of finding these people and getting to them first.”As a prime example of looking outside the box to acquire properties, Reid said funeral homes have even become a source from which to gain new assets. Reid said he tells the funeral homes that when they hear clients are looking to liquidate to please let him know, and his company will offer the funeral home client that option.”I was actually very reluctant at first, because it is a funeral home,” Reid said. “But actually what we find is they’re very grateful that we’re stopping by and offering our services, because they’re the ones sitting down with their clients and seeing this on a day-to-day basis, and they don’t have that option to give the client.”The many changes in the market just in the last three years have required a shift in strategy.”In 2012 to 2015, you saw that huge spike in the SFR market,” Reid said. “The general market’s going up, but the yields are going down. It also offers another incentive for the investors. You’re not buying on the yield, you’re buying on the appreciation of the asset. I think like it comes down to changing  your strategy and adapting to the markets themselves.”Reid said for about a three-year period between 2010 and up to 2013, his company was able to target homes, watch them through auction, and then buy them at auction. But with the REO market getting thin, more people are finding out about the auctions and getting in on them.”We’re not the only players in the game anymore,” Reid said. “So we’re adapting and finding other ways of finding these people and getting to them first. Whoever does the most marketing wins, so we really focus on doing as much volume in marketing and reaching sellers as we possibly can.”Editor’s note: The Five Star Institute is the parent company of DS News, DSNews.com, The MReport, and TheMReport.com. The Best Markets For Residential Property Investors 2 days ago Survival in the SFR Market Requires Unorthodox Acquisition Strategies Home / Daily Dose / Survival in the SFR Market Requires Unorthodox Acquisition Strategies Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago October 12, 2015 1,210 Views Five Star Institute Five Star Single-Family Rental Summit Property Acquisition Strategies Single-Family Rental Market 2015-10-12 Brian Honea About Author: Brian Honeacenter_img Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. in Daily Dose, Featured, News Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Five Star Institute Five Star Single-Family Rental Summit Property Acquisition Strategies Single-Family Rental Market Servicers Navigate the Post-Pandemic World 2 days ago Previous: NY Fed President Dudley Reverses Interest Rate Hike Forecast Next: Is the Single-Family Rental Market ‘Viable’? Subscribelast_img read more

Inspector says burglary arrest should give public reasurance

first_imgNews By News Highland – January 18, 2013 WhatsApp Pinterest Calls for maternity restrictions to be lifted at LUH 448 new cases of Covid 19 reported today Facebook Inspector says burglary arrest should give public reasurance Guidelines for reopening of hospitality sector published Google+ NPHET ‘positive’ on easing restrictions – Donnelly A man has been arrested following a a burglary at the home of a 69-year-old woman in Kilmacrennan in the early hours of this morning.Gardaí say he forced his way into her bedroom and demanded cash before fleeing empty-handed. The woman, who was alone in the house, was not injured in the incident.A 24-year-old man was arrested a short time later.Inspector Michael Harrison has been giving more details and says the arrest should reassure people that gardai are actively persuing those responsible for recent burglaries:[podcast]http://www.highlandradio.com/wp-content/uploads/2013/01/harrROBB.mp3[/podcast]center_img Pinterest RELATED ARTICLESMORE FROM AUTHOR Twitter WhatsApp Google+ Help sought in search for missing 27 year old in Letterkenny Twitter Three factors driving Donegal housing market – Robinson Facebook Previous articleDerry Diocesan administrator to replace Cardinal Sean BradyNext articlePope Benedict confirms Mgr Eamon Martin as next Primate of All-Ireland News Highland last_img read more

Chair of Letterkenny JPC says the town should retain a local policing partnership

first_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest NPHET ‘positive’ on easing restrictions – Donnelly Google+ Twitter Facebook Pinterest WhatsApp Twitter Facebook Google+ Newscenter_img By News Highland – May 16, 2014 Guidelines for reopening of hospitality sector published Calls for maternity restrictions to be lifted at LUH The Chairperson of the Letterkenny Joint Policing Committee is calling for the establishment of a new body to oversee policing in the town and its environs.This week saw the final meeting of the outgoing committee, which is being abolished along with the town council from the end of the month.Cllr Dessie Larkin says while it’s being suggested that there should just be one single JPC for the county, the crime patterns and social challenges in the urban area are different, and a replacement is needed.He says any new body should have powers similar to the local policing parnerships in Northern Ireland:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/05/dlark830JPC.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApp Three factors driving Donegal housing market – Robinson Previous articleDonegal people urged to exercise their right to vote in next week’s electionsNext articleTierney and Mc Cann handed Tyrone Championship debuts News Highland RELATED ARTICLESMORE FROM AUTHOR LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Chair of Letterkenny JPC says the town should retain a local policing partnershiplast_img read more

Donegal’s Covid-19 incidence rates remain high

first_img By News Highland – December 4, 2020 Facebook Previous articleThe Score – 03/12/20Next articleRestaurants and hotels reopen, NI to follow suit next week News Highland Important message for people attending LUH’s INR clinic Google+ WhatsApp News, Sport and Obituaries on Monday May 24th Donegal’s Covid-19 incidence rates remain high The 14 day incidence rate of Covid-19 in Donegal remains the highest in the country at almost treble the national average at 212.3 per 100,000 people.Latest figures show that as of last Monday, the rates had fallen in all but two of the county’s local electoral areas.The biggest increase was in the Lifford / Stranorlar area with 224 cases per 100,000 people, up 9%, while the incidence rate in North Inishowen rose 2% to 271.2.Meanwhile, the figure has decreased 11% to 250.2 in South Inishowen.While in Letterkenny the current incidence rate is 288.7, down 5% compared to previous figures.The infection rate is down 28% in Milford to 254.2 and down 31% in Donegal to 90.6 cases per 100,000 of the population.The biggest drop was seen in Glenties area where the 14 day incidence rate dropped 34% to 117.1.********************The 14 days up to November 30 (last Monday)North inishowen: ↗️ 46 cases (↗️271.2 per 100k)South Inishowen:↘️56 cases (↘️ 250.4 per 100k)Milford: ↘️ 35 cases (↘️ 254.2 per 100k)Letterkenny ↘️ 86 cases (↘️ 288.7 per 100k)Lifford/Stranorlar ↗️58 cases (↗️224 per 100k)Glenties ↘️28 cases (↗️117.1 per 100k)Donegal ↘️24 cases ( ↘️ 90.6 per 100k) 14 days to November 23North inishowen:↘️ 45 cases ( ↘️265.3 per 100k)South Inishowen:↘️63 cases (↘️ 281.7 per 100k)Milford: ↗️ 49 cases (↗️355.8 per 100k)Letterkenny ↘️91 cases (↘️ 305.8 per 100k)Lifford/Stranorlar ↘️53 cases (↗️204.7 per 100k)Glenties ↗️43 cases (↗️179.8 per 100k)Donegal ↘️35 cases ( ↘️ 132.1 per 100k)Donegal areas in a national contextLetterkenny 288.7Carndonagh 271.2Dundalk-Carlingford 257.8Milford 254.2Buncrana 250.4Cork City S-Ctr 243.1Claremorris 232.1Lifford-Stranorlar 224.0Piltown 215.5Callan-Thomastown 201.1 DL Debate – 24/05/21 Pinterest Facebook Pinterest Homepage BannerNews RELATED ARTICLESMORE FROM AUTHOR WhatsApp Journey home will be easier – Paul Hegarty Harps come back to win in Waterford Twitter Arranmore progress and potential flagged as population grows Google+ Twitterlast_img read more

Council Introduces Regulations for Ocean City’s Boardwalk Entertainers

first_imgBy Donald WittkowskiLargely avoiding the controversy and objections of the past, Ocean City’s third attempt to regulate the Boardwalk performers who entertain the summer crowds sailed through on its first vote Thursday night by City Council.In another key vote, Council approved spending $650,000 to buy an abandoned former Getty gas station that has been a longtime eyesore marring the appearance of the main gateway into town. Under the plan, the old Getty property will be demolished and transformed into green space to make the Ninth Street corridor more inviting to visitors. The Getty site will be combined with land next door, formerly occupied by a shuttered BP gas station, to create a landscaped park.The city bought the old BP site last year for $475,000 and had the property cleaned up. The proposed purchase of the adjacent Getty land will allow the city to remove two blighted properties as it moves ahead with its strategy to spruce up the Ninth Street entryway.“I think it’s a step in the beautification of our gateway and creating open space,” Councilwoman Karen Bergman said.The city hopes to finalize the purchase of the Getty property by this spring and have the new park ready by the summer season. A funding ordinance to buy the site for $650,000 was introduced by a 6-0 Council vote. A public hearing and final vote on the Getty purchase is scheduled for the March 23 Council meeting.Plans call for demolishing the old Getty gas station and transforming the site into a park after the city buys it.Meanwhile, Council gave its initial approval to the latest version of an ordinance that would regulate the singers, musicians and other entertainers who perform on the Boardwalk between Memorial Day and Labor Day.City Solicitor Dorothy McCrosson told Council that the goal of the entertainers ordinance is to strike a balance between the rights of the performers and the Boardwalk merchants.She said the regulations would allow the city to “maintain the family-friendly and safe atmosphere” of the Boardwalk.Mayor Jay Gillian, who has lobbied for the regulations in the past year, has said they are needed for crowd control during the busy summer tourism season. He noted that the Boardwalk Merchants Association requested the ordinance to prevent large crowds from milling around the entertainers and blocking access to their stores.Responding to criticism from the public, Gillian pulled two previous versions of the entertainers ordinance for further study. The mayor stressed it was important to take as much time as needed to craft a compromise that would acceptable to both the merchants and performers.“It doesn’t matter how many times. At the end of the day, it’s all about getting it right,” Gillian said in an interview after the Council meeting.Mayor Jay Gillian, center, had pulled two previous versions of the Boardwalk entertainers ordinance to give the city more time to study the issue.Voting 6-0, Council introduced the entertainers ordinance. A public hearing and final vote are scheduled March 23.Council members indicated that the regulations have been discussed at length over the past year in an attempt to reach a compromise.In comments echoed by other members of the governing body, Councilman Antwan McClellan said both sides had found “common ground.”Councilman Michael DeVlieger said the performers and merchants had ample opportunity to express their opinions about the regulations.“There couldn’t be an ordinance that was more open to the public than this one,” DeVlieger said.One of the harshest critics who had objected to the proposed regulations in the past year embraced the latest version of the ordinance on Thursday.“I think it’s awesome, and everything is great,” Andrew Leonetti, a 16-year-old Ocean City High School sophomore, said in public remarks to Council.Leonetti, who plays drums in a Boardwalk band, had repeatedly appeared before Council in the past to lobby against any regulations. Based on criticism by Leonetti and one of his bandmates last year, the mayor yanked the original version of the ordinance.Leonetti and other performers had complained that the proposed licensing fees were too expensive. They also voiced fears that the regulations would infringe on their constitutional right to free expression. But Leonetti said Thursday he had read the latest version of the ordinance “countless times” and believes it will work.Former opponent Andrew Leonetti, a Boardwalk performer, calls the new version of the entertainers ordinance “awesome.”Nancy Neary, an Ocean City resident whose 14-year-old son, John, plays the violin on the Boardwalk, said the new version of the ordinance represents an improvement over previous proposals.“Versus what we had last year, I think we’re going in the right direction,” Neary said in an interview.The latest version drops a fingerprinting requirement that had drawn the strongest objections from the public during previous City Council discussions. Critics had felt it was heavy-handed.Gillian initially proposed having adult-age performers submit to fingerprinting and background checks to confirm they did not have a serious criminal history. He agreed to withdraw the fingerprinting requirement after his administration discussed the measure with representatives of the entertainers and the Boardwalk merchants.The ordinance would require performers to pay $50 for a license. However, they could be denied a license if they have a criminal history of “dishonesty” or have been convicted of a fourth-degree crime or higher.Jim Tweed, the president of the local government watchdog group Fairness in Taxes, criticized the ordinance’s proposed maximum penalty – a $2,000 fine for violations – as too harsh. He said that would be equivalent to the penalty for “lying to the IRS.”“Do you really want to put a kid playing a guitar on the Boardwalk in that serious of a category?” Tweed asked Council.In response, McCrosson, the city solicitor, told Tweed it is doubtful a judge would impose the maximum $2,000 fine for anything but the most blatant of violations.Under the ordinance, performers would be allowed on the ocean side of the Boardwalk at Seventh, Eighth, Ninth, 10th, 11th, 12th, 13th and 14th streets. They could also perform at the Boardwalk’s oceanfront pavilions between Fifth and 14th streets. In addition, they would be allowed on the ocean side of the Boardwalk between Fifth and Sixth streets.They would be permitted to perform on Monday, Wednesday, Friday, Saturday and Sunday nights. The hours would be between 6 p.m. and 10 p.m. each of those nights except for Sunday, which would be from 7 p.m. to 10 p.m.Gillian explained that the performers would not be allowed on the Boardwalk on Tuesday and Thursday to avoid conflicts with the professional entertainment on those nights arranged by the merchants. Council approved key measures to regulate Boardwalk performers and to buy and clean up a blighted site.last_img read more

Mayor’s Update: Oct. 5

first_imgDear Friends, As we approach the holiday weekend, I want to remind you all that the city’s 2018-19 bayside dredging program is underway and there is a lot of equipment on the water in the back bay. Boaters should be advised that the hydraulic dredge contractor is installing pipeline from the Carnival/Venetian Bayou areas near 17th Street south to the disposal facility on the marshes near Roosevelt Boulevard. Please use caution when operating near this equipment.   The city contracts should be complete in November or December, and contractors can then switch over to work for private slip owners as time and conditions allow. Homeowners who wish to make arrangements to have their slips dredged are advised to contact Trident Marine (609-703-7466) and/or Southwind Construction (812-867-7220). Additionally, owners can reach out to ACT Engineers at [email protected]  to be placed on a list or have general questions answered. Road and drainage projects continue throughout town, and after Columbus Day, a New Jersey American Water contractor will begin work to upgrade infrastructure underneath Bay Avenue from Second Street to Sixth Street. This work must be completed before our north end drainage project contractor can begin its own work on Bay Avenue. The projects will require several weeks of detours along that stretch of Bay Avenue. I ask you all to be prepared to seek alternate routes. The entire project continues to make great progress.It looks like we’re going to have good weather for our Fall Block Party 9 a.m. to 5 p.m. tomorrow (Saturday, Oct. 6) on Asbury Avenue. All parking in town (meters and municipal lots) is now free. I encourage everybody to come down to enjoy all that Ocean City has to offer this weekend .We’re also holding our semi-annual paper-shredding and household cleanup day 8 a.m. to 3 p.m. Saturday at the Shelter Road Recycling Center. I hope you all have a great holiday weekend.Warm regards,  Mayor Jay A. Gillian Mayor Jay Gillianlast_img read more

Food Innovations acquired by private equity firm

first_imgCake craft supplier Food Innovations Baking Group has been acquired by global investment firm Ardenton.The firm has taken a majority stake in the business, which comprises Doric Cake Crafts, Doric Crimped, Doric FPD and Food Innovations.Founded in 2004, Food Innovations has 250 employees across five sites and reports revenues of more than £34m. It supplies decorations, cake boards and packaging products for the home baking and retail market.Peter and Robert Ward, who co-founded the Manchester-based business, are to leave the group, but will retain ownership of paper and board supplier Doric Anderton.Ardenton said it would work closely with the management team, which comprises group finance director Bruce Murray, group operations director Simon Woodhouse, and sales and commercial director Robert Brace.“Food Innovations is an impressive business that is really innovating within its sector,” said Ardenton UK director Michael Bradbury. “Over the last few years, the company has delivered strong organic growth, while successfully integrating complementary acquisitions, and we confidently back the management team to push the business through its next phase of growth.”He added that further investment in new product development would be a key part of the strategy.Robert Brace said Ardenton shared the group’s vision for the expansion.“Their company ethos and personal approach made them the ideal choice,” he explained. ”We are confident their wealth of experience and ambition match our own. The partnership with Ardenton will enable the company to pursue new opportunities for innovation, acquisition and growth.”last_img read more