OSLO, Norway, Oct. 30, 2024 /PRNewswire/ — The Board of Directors of Aker Solutions ASA (“Aker Solutions”) has proposed to pay out an extraordinary cash dividend of NOK 21.00 per share, pending approval in an Extraordinary General Meeting (EGM) to be held on November 22, 2024.

• Dividend amount: NOK 21.00 per share
• Total dividend amount (excluding own shares): NOK 10 billion
• Last day including right: 22 November 2024 
• Ex-date: 25 November 2024 
• Record date: 26 November 2024 
• Payment date: 2 December 2024
• Date of approval (EGM): 22 November 2024 

The Board of Directors of Aker Solutions has today resolved to propose paying an extraordinary dividend of NOK 21.00 per share. Aker Solutions has a total of 492 167 089 outstanding shares, of which 13 708 424 shares are held by Aker Solutions at the date hereof. Own shares will not be entitled to the dividend. The proposed extraordinary dividend is based on the approved annual accounts for 2023. Notice of the EGM will be distributed separately. 

“The extraordinary dividend proposed by the Board of Directors reflects the value creation in Aker Solutions over time. After the dividend payment, the company will maintain a solid balance sheet, enabling continued development of the company and its employees, in addition to creating solid shareholder returns”, said Leif-Arne Langøy, Chairman of the Board at Aker Solutions.

“I am proud of the fact that we are delivering on our ambitious targets and that we continue to serve our investors through an attractive capital allocation strategy”, said Kjetel Digre, Chief Executive Officer at Aker Solutions. 

CONTACT: 
Preben Ørbeck
investor relations
[email protected] 
+47 470 10 611

Hallvard Norum
media contact
[email protected] 
+47 913 80 820

This information was brought to you by Cision http://news.cision.com

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HELSINGBORG, Sweden, Oct. 30, 2024 /PRNewswire/ — MilDef has been entrusted with the delivery of rugged IT equipment for operator stations in newly manufactured CV90 combat vehicles, which BAE Systems Hägglunds will deliver to Armed Forces in Central Europe. The agreement is initially worth MSEK 200 and deliveries will take place in 2025-2029. Given the outcome from options, the total value can reach MSEK 280.

The orders now won are a natural continuation of a long-standing collaboration with BAE Systems Hägglunds in Örnsköldsvik and cover IT equipment for the toughest conditions and most challenging environments, which prevents information from being interrupted, intercepted or disrupted. MilDef’s delivery of robust IT equipment will contribute to the capability-enhancing digitization of the newly manufactured CV90s to be delivered to Central European NATO nations.

“We are proud to deliver capabilities to what is considered the world’s best combat vehicles. This trust is based on a combination of long-standing relationships, proven technology and co-created cutting-edge technology development. Together with BAE Systems Hägglunds, we demonstrate the technological excellence of the Nordic defense industrial system and the responsibility the companies take to strengthen European security of supply and defense capabilities,” says Daniel Ljunggren, President and CEO of MilDef.

The CV90 combat vehicle is a family of armored vehicles developed by BAE Systems Hägglunds in Örnsköldsvik. The CV90 has been selected by 10 nations and is a proven platform that has proven its combat capability in both Afghanistan and Ukraine.

The information was submitted for publication, through the agency of the contact persons set out below at 17:00 CET on October, 30, 2024. 

CONTACT: 
For more information, please contact:
Daniel Ljunggren, CEO and President
Phone: +46 70 668 00 15
Email: [email protected]

Olof Engvall, Head of IR & Communications
Phone: +46 735 41 45 73
Email: [email protected]

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/mildef-group-ab/r/mildef-signs-contracts-with-bae-systems-hagglunds-for-it-equipment-in-cv90-deliveries-to-central-eur,c4058624

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https://mb.cision.com/Main/20537/4058624/3086203.pdf	MilDef BAE Hägglunds CV90 ENG
https://news.cision.com/mildef-group-ab/i/cv90-bae-systems-hagglunds,c3347495	CV90 BAE Systems Hägglunds
https://news.cision.com/mildef-group-ab/i/bae-systems-cv90-combat-vehicle,c3347177	BAE Systems CV90 combat vehicle
https://news.cision.com/mildef-group-ab/i/mildef-products,c3347152	MilDef products
https://news.cision.com/mildef-group-ab/i/daniel-ljunggren-utanfor-mildef,c3347153	Daniel Ljunggren utanför MilDef Advertisement

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In today’s fast-paced fintech ecosystem, the global narrative is pivoting towards integration, regulation, and technological advancement as new entrants aim for U.S. markets, emerging startups seek growth capital, and financial giants align with innovative trends. Here’s a breakdown of recent developments that underline the dynamism in fintech and the paths to profitability and compliance as technologies reshape financial services globally.

Singapore’s MAS Advocates for a Borderless Fintech Network

The Monetary Authority of Singapore (MAS) recently emphasized the importance of cross-border collaboration in the global fintech ecosystem, with chairman Ravi Menon outlining a vision for a seamless fintech network. This network would transcend geographic and regulatory boundaries, allowing Singapore and its fintech entities to engage in mutually beneficial partnerships worldwide. Menon highlighted that Singapore’s strategic geographic position and regulatory environment make it a natural hub for fintech collaborations that advance financial inclusion and foster innovation.

This call for a borderless approach underscores the need for interoperability among financial systems globally, particularly as digital payments and decentralized finance become increasingly prevalent. Singapore’s initiatives signal that regions with supportive fintech policies can potentially drive new growth avenues in the digital economy.

Source: Channel News Asia

Thredd’s McCarthy to Fintech Entrants: Be Sponsor-Bank Ready for the U.S. Market

Fintech firms eyeing the U.S. market face a challenging regulatory landscape. John McCarthy of Thredd advises that those looking to enter the U.S. market should prioritize establishing sponsor-bank partnerships. The U.S. regulatory framework mandates that fintech companies collaborate with sponsor banks to access the financial system, making this step a critical milestone for fintechs aiming to operate stateside.

McCarthy’s guidance highlights an increasingly common barrier for fintech companies: navigating complex regulatory requirements to gain a foothold in the lucrative U.S. financial sector. For many, this means rethinking business models to comply with financial regulations, even as they innovate. This approach has led several fintech firms to secure sponsorship deals with established banks, enabling them to deliver compliant financial services to U.S. consumers.

Source: PYMNTS

Spidr Fintech Lands Funding to Drive Growth with Wells Fargo Backing

Spidr, a rising fintech star, has successfully raised capital, attracting the attention of Wells Fargo and other financial institutions. The fresh funding will fuel Spidr’s ambitious expansion plans, further positioning it as a formidable player in the fintech space. This backing from Wells Fargo represents a trend where major financial institutions are investing in or partnering with fintech startups to gain a competitive edge and meet evolving consumer expectations.

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For Spidr, the capital injection aligns with a robust strategy for market penetration, and it’s an opportunity to leverage Wells Fargo’s extensive network and resources. Spidr’s latest round of funding signifies that traditional banks are increasingly open to collaborations with fintech entities, a trend that is reshaping the financial services landscape as banks seek to stay competitive in the digital age.

Source: Charlotte Business Journal

Elphinstone’s Trikl: Innovating Digital Payments in MENA

Elphinstone, a digital payments startup based in MENA, is introducing its innovative solution, Trikl, aimed at transforming payments across the region. The startup’s recent developments underscore its commitment to creating accessible and user-friendly payment systems tailored for the MENA market’s unique dynamics. By addressing specific needs such as currency exchange complexities and local payment preferences, Trikl is positioning itself as a key player in the digital payments landscape.

Trikl’s approach is particularly noteworthy as it caters to the MENA market’s diverse consumer base and taps into the region’s growing appetite for digital financial services. This development represents a promising advancement in digital payment solutions, fostering greater financial inclusion and enabling smoother transactions across borders in MENA.

Source: Menabytes

Hong Kong Sets Rules on Responsible AI to Get Ahead of Disruptive Tech

Hong Kong has unveiled regulatory guidelines on responsible AI use, a proactive move that places it among the leading jurisdictions in AI governance. This development signals Hong Kong’s recognition of the transformative impact of AI on financial services, as it sets clear boundaries on how AI can be used responsibly in financial applications. With AI continuing to disrupt financial services, responsible usage is becoming a priority, particularly in regions where financial systems are heavily reliant on technology.

These guidelines aim to balance innovation with accountability, addressing concerns over data privacy, ethical considerations, and risk management. Hong Kong’s stance on AI regulation reflects its commitment to safeguarding both consumers and financial institutions, setting a high standard for other regions to emulate in terms of regulatory foresight.

Source: South China Morning Post

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The post Fintech Pulse: A Snapshot of Global Expansion, Regulatory Moves, and Transformative Tech in Fintech appeared first on HIPTHER Alerts.