Day: January 9, 2023

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CTCI Corporation Receives EPC Project Award from Ras Laffan Petrochemicals to Build One of the World’s Largest Ethylene Plants

TAIPEI, Jan. 9, 2023 /PRNewswire/ — CTCI Corporation, one of the world’s leading engineering, procurement, and construction (EPC) companies announced today that it was awarded a portion of the Ras Laffan Petrochemicals Project (RLPP), which includes the ethylene unit and its utilities. This project is located in Ras Laffan Industrial City, Qatar. Once completed, the ethylene plant will be one of the largest in the world by capacity. The project consists of the ethylene unit and two high-density polyethylene units. The total cost of the project is $6 billion and startup is anticipated in late 2026. CTCI is executing this project with Samsung Engineering as the “Samsung Engineering CTCI Joint Venture” (SCJV).

The client, Ras Laffan Petrochemicals (RLP), is a joint venture between QatarEnergy and Chevron Phillips Chemical. The companies are building petrochemical projects in Qatar and the United States. Michael Yang, Chairman of CTCI Corporation, said, “We appreciate the trust that Ras Laffan Petrochemicals has placed in us through this monumental opportunity for our team. We will utilize quality engineering and safety management to complete the task on time and up to standards.”

The Ras Laffan Petrochemicals Project consists of two packages. The SCJV was awarded Package 1, which is to build a 2.08 million tons ethylene production unit, utilities, and office facilities. Samsung Engineering will be in charge of engineering for the major ethylene production facilities with scope of work including C2 hydrogenation, hydrogen purification unit, and three main compressors. CTCI Corporation will be in charge of engineering for the furnaces and utility infrastructure, including steam/condensate collecting, boiler feed water, etc. Procurement and construction work will be carried out jointly by the SCJV. The ethylene produced will be delivered as feedstock to Package 2, which encompasses two high-density polyethylene units.

For over four decades, CTCI Corporation has completed numerous challenging mega-projects in the refinery, petrochemical, LNG, and chemical sectors. Notable successes in recent years include: completing the world’s largest onshore modularized project for Gulf Coast Growth Ventures to produce 1.1 million tons mono-ethylene glycol annually in the US; and setting an all-time high record of 77 million man-hours without a lost-time injury in the Liwa Plastics Industries Complex petrochemical EPC project in Oman. CTCI’s other successes in Qatar include completing the furnace and ethylene tank project, as well as the Laffan Condensate Refinery expansion project.

Thanks to the extensive experience in petrochemical facility engineering, CTCI Corporation has won the trust of RLP. The SCJV plans to provide exceptional schedule management to the client by applying innovative strategies such as modularization, automation, as well as purchasing key equipment and materials before the engineering process is finalized. The contract award is another major boost to CTCI’s global presence and operations.

About CTCI  http://www.ctci.com

CTCI (TWSE: 9933, TPEx: 5209, TPEx: 6803) is a global engineering services provider that offers a comprehensive range of services, products, and solutions. Since its founding in 1979, CTCI has strived to deliver the world’s most reliable engineering, procurement, fabrication, construction, commissioning and project management services. Headquartered in Taipei, Taiwan, CTCI serves the refinery, petrochemical, LNG receiving terminal, power, industrial, environmental, transportation, and advanced technology facility markets. The company is Taiwan’s leading EPC services provider, with about 7,000 employees in around 40 operation bases spanning across more than 10 countries. It is a member of the Dow Jones Sustainability™ Emerging Markets Index.

For more press releases, go to: https://www.ctci.com/www/ctci2022/page.aspx?L=EN&C=0902

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UIS IMPORTANT DEADLINE TUESDAY: ROSEN, A LEADING LAW FIRM, Encourages Unisys Corporation Investors to Secure Counsel Before Important January 10 Deadline in Securities Class Action – UIS

NEW YORK, Jan. 08, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Unisys Corporation (NYSE: UIS) between August 3, 2022 and November 7, 2022, both dates inclusive (the “Class Period”), of the important January 10, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Unisys securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Unisys class action, go to https://rosenlegal.com/submit-form/?case_id=9648 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 10, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s 2022 financial guidance was significantly overstated; (2) accordingly, once the truth was revealed, it was likely that Unisys would be required to negatively revise its 2022 financial guidance; (3) in addition to the foregoing, material weaknesses existed in the Company’s internal control over financial reporting; and (4) as a result of all of the foregoing, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Unisys class action, go to https://rosenlegal.com/submit-form/?case_id=9648 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8725670

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ROSEN, TRUSTED INVESTOR COUNSEL, Encourages The Gap, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm – GPS

NEW YORK, Jan. 08, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of The Gap, Inc. (NYSE: GPS) between November 24, 2021 and July 11, 2022, both dates inclusive (the “Class Period”), of the important February 3, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Gap securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Gap class action, go to https://rosenlegal.com/submit-form/?case_id=6662 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) there were execution missteps in size and assortment at Old Navy related to BODEQUALITY which were adversely impacting Old Navy’s margins and financial results; (2) contrary to the Company’s statements, there were inventory risks relating to BODEQUALITY that were actually existing that were adversely affecting the Company’s operations; and as a result (3) the Company’s statements during the Class Period about the historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company, and were materially false and misleading, and lacked a factual basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Gap class action, go to https://rosenlegal.com/submit-form/?case_id=6662 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8725669

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EIGR IMPORTANT DEADLINE TOMORROW: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Eiger BioPharmaceuticals, Inc. Investors to Secure Counsel Before Important January 9 Deadline in Securities Class Action – EIGR

NEW YORK, Jan. 08, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Eiger BioPharmaceuticals, Inc. (NASDAQ: EIGR) between March 10, 2021 and October 4, 2022, both dates inclusive (the “Class Period”), of the important January 9, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Eiger securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Eiger class action, go to https://rosenlegal.com/submit-form/?case_id=9654 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 9, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) defendants overstated Eiger’s clinical and regulatory drug development expertise; (2) defendants failed to properly assess, and/or ignored issues with, the design of the TOGETHER study and its ability to support the peginterferon lambda Emergency Use Authorization (“EUA”); (3) there were issues with the conduct of the TOGETHER study and/or the TOGETHER study was not properly designed for the peginterferon lambda EUA in the current context of the pandemic; (4) as a result, the U.S. Food and Drug Administration was unlikely to approve the submission of a peginterferon lambda EUA; (5) as a result of all the foregoing, peginterferon lambda’s regulatory and commercial prospects for the treatment of COVID-19 were overstated; and (6) as a result, Eiger’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Eiger class action, go to https://rosenlegal.com/submit-form/?case_id=9654 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8725667

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‫نظام iMAL™ R14.6 للخدمات المصرفية الإسلامية الأساسية الخاص بأزينشيو سوفت وير يُمنح شهادة الإلتزام بالمعايير الصادرة عن أيوفي لعام 2023

سنغافورة، 9 يناير 2023 /PRNewswire/ — أعلنت أزينشيو سوفت وير (أزينشيو)، شركة التكنولوجيا التي تتخذ من سنغافورة مقراً لها والمملوكة من قبل مجموعة من الصناديق المالية التي تحصل على الخدمات الاستشارية من أباكس بارتنرز، اليوم أنّ نظام آيمال(iMAL™)R14.6، وهو الإصدار الأحدث من النظام الأساسي للخدمات المصرفية الإسلامية للشركة، قد حقّق متطلبات الإمتثال السنوي للحصول على شهادة الإلتزام لعام 2023 بمعايير هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية – أيوفي، الهيئة الرائدة في إصدار معايير المالية الإسلامية، على مستوى العالم.

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ت ثبت هذه الشهادة أنّ نظام آيما ل R14.6 يلتزم بالمعايير الشرعية ومعايير المحاسبة المالية الصادرة عن أيوفي، والتي تشتمل على المعايير الآتية، على سبيل الذكر:

  • معيار المحاسبة المالية (1) – العرض والإفصاح العام في القوائم المالية
  • معيار المحاسبة المالية (39) – التقرير المالي عن الزكاة.

كلا المعيارين الصادرين مؤخراً يتناولان إعداد التقارير المالية بهدف ضمان عنصر الشفافية والعدالة وقابلية القوائم المالية للمؤسسات للفهم والمقارنة. تؤكد هذه الشهادة مرة أخرى أنّ نظام التقارير الديناميكي الخاص بـآيما ل يتوافق تماماً مع هذه المعايير.

كما يركّز نظام آيما ل R14.6 على الضرائب وإعداد التقارير وواجهات التحكم بالمعلومات وامتيازات الوصول وأتمتة العمليات اليدوية، ويتضمن تحسين أوقات التحول التشغيلي من خلال تحسين العمليات الفنية، وجعلها أكثر كفاءة وأمانًا.

وقد صرّح أ. عمر مصطفى أنصاري، الأمين العام لأيوفي قائلاً: “يسعدنا استكمال مراجعة الإصدار الحديث 14.6 من آيما ل لعام 2023 لضمان التزامه بمعايير المحاسبة المالية والمعايير الشرعية الصادرة عن أيوفي. إننا على ثقة، أنّ اتباع معايير أيوفي وتنفيذها بالطريقة الصحيحة، سيساعد نظام آيمال على الحدّ من مخاطر عدم الالتزام بأحكام الشريعة الإسلامية. ومن الجدير ذكره أنّ المعايير الصادرة عن أيوفي تعتمد وتطبق في أكثر من 50 نطاقاً رقابياً حول العالم، وإنّ التزام نظام آيما ل بهذه المعايير يضعه في مرتبة متقدمة داخل هذه النطاقات الرقابية”. ثمّ أضاف قائلاً: “إن التعاون المتواصل بين المؤسستين لهو دليل على أنّ التزام أزينشيو المستمر باتباع أفضل الممارسات يصب في صالح الشركة وأيضاً عملائها من المؤسسات المالية الإسلامية الرائدة في العالم”.

ومن جانبه، صرّح توني كينيار، الرئيس التنفيذي ل أزينشيو سوفت وير : “إنّ الحصول على شهادة الإلتزام بالمعايير الشرعية من أيوفي لأحدث إصدار من آيما ل مرة أخرى، ما هو الا بدليل على مدى التزامنا بتزويد عملائنا بأفضل مزيج من التقنيات المتقدمة والعمليات المتوافقة مع الشريعة الإسلامية. إننا نستثمر الكثير من الموارد لتحقيق الملاءمة للمؤسسات المالية التي تستخدم نظام آيما ل لضمان بأنّ منتجاتها ومعاملاتها تلتزم بالمعايير الشرعية ومعايير المحاسبة المالية الصادرة عن أيوفي. كما توفر الشهادة موجبات الثقة   والطمأنينة لجميع أصحاب المصالح بأنّ عملاءنا مهتمون بالعناية بمسائل الالتزام الشرعي ذات العلاقة”.

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TSP IMPORTANT DEADLINE TOMORROW: ROSEN, SKILLED INVESTOR COUNSEL, Encourages TuSimple Holdings, Inc. Investors to Secure Counsel Before Important January 9 Deadline in First Filed Securities Class Action Initiated by the Firm – TSP

NEW YORK, Jan. 08, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TuSimple Holdings, Inc. (NASDAQ: TSP): (i) pursuant and/or traceable to the Registration Statement and Prospectus (collectively, the “Registration Statement”) issued in connection with TuSimple’s April 15, 2021 initial public offering (“IPO”); and/or (ii) between April 15, 2021 and October 31, 2022, both dates inclusive (the “Class Period”), of the January 9, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased TuSimple securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the TuSimple class action, go to https://rosenlegal.com/submit-form/?case_id=9655 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 9, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period and in connection with the IPO effected by means of the Registration Statement, Defendants made materially false or misleading statements and/or failed to disclose that: (1) TuSimple was engaged in undisclosed related party transactions with Hydron, a company founded by Defendant Mo Chen; (2) TuSimple shared confidential information and/or proprietary technology with Hydron without Board approval or informing regulators or TuSimple shareholders; (3) TuSimple failed to disclose the Board’s internal investigation, which commenced in July 2022, into TuSimple’s ties to Hydron; (4) the aforementioned conduct enhanced the likelihood of regulatory scrutiny and investigatory action toward the Company; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the TuSimple class action, go to https://rosenlegal.com/submit-form/?case_id=9655 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8725666

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ROSEN, NATIONAL TRIAL LAWYERS, Encourages Tattooed Chef, Inc. Investors to Secure Counsel Before Important Deadline in First Filed Securities Class Action Commenced by the Firm – TTCF

NEW YORK, Jan. 08, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Tattooed Chef, Inc. (NASDAQ: TTCF) between March 20, 2021 and October 12, 2022, both dates inclusive (the “Class Period”), of the important February 21, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Tattooed Chef securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Tattooed Chef class action, go to https://rosenlegal.com/submit-form/?case_id=9201 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 21, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) Tattooed Chef continuously downplayed its serious issues with internal controls; (2) Tattooed Chef’s financial statements from March 31, 2021 to the present included “certain errors” such as overstating revenue and understating losses; (3) as a result, Tattooed Chef would need to restate its previously filed financial statements for certain periods; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the truth emerged, the lawsuit claims that investors suffered damages.

To join the Tattooed Chef class action, go to https://rosenlegal.com/submit-form/?case_id=9201 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

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PowerChina is helping the remake of Ghana’s economy amid fast-paced transportation infrastructure upgrades

BEIJING, Jan. 9, 2023 /PRNewswire/ — A report form haiwainet.cn:

On September 26, 2022, the completion ceremony of PowerChina’s Construction/Rehabilitation of Selected Roads and Interchanges in Ghana – Phase 1 Lot 7 (Western & Cape Coast Inner City Roads) was successfully concluded in Cape Coast. Ghana’s Vice President Mahmoud Bavumiya, Chinese Ambassador to Ghana Lu Kun and thousands of people from all walks of life participated in the event.

The Lot 7 is one of the four Lots that start construction in the first phase. As an important policy for the current Ghana government to develop road construction, this project is of great significance to the social and economic development of Ghana as well as deepening relationships between China and Ghana.

Previously, the four Lots from the first phase have been completed, and the three ongoing Lots under construction (Lot 4 PTC Interchange Takoradi, Lot 6 Sunyani Inner City Roads, Lot 2 Kumasi Inner City Roads) are proceeding smoothly and will be completed on schedule.

Vice President Bavumiya emphasized that the first phase of Construction/Rehabilitation of Selected Roads and Interchanges in Ghana includes the construction and rehabilitation of more than 400 kilometers of two-lane highways across the country and two new interchanges, setting several firsts in Ghana (Lot 3 is the first interchange in northern Ghana, and Lot 4 is the first interchange in Takoradi City), turning the long-standing dream of the Ghanaian people into reality. This project will significantly improve traffic conditions in key areas of Ghana, ease traffic pressure, improve travel conditions and quality of life for urban residents, and promote regional economic development.

It is reported that PowerChina’s Construction/Rehabilitation of Selected Roads and Interchanges in Ghana is actively promoting the training of localized talents and creating local jobs. In addition to actively recruiting and cultivating Ghanaian professional and technical management personnel, it also pays attention to cooperation with the local communities, conducts labor employment and technical training according to local conditions, and cultivates many technical experts. In the follow-up construction process, the project will serve as a “friendship bridge” between China and Ghana, gaining credibility for the company’s long-term and stable development in Ghana.

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CGTN: China downgrades COVID-19 rules as nation readies for normal life

BEIJING, Jan. 8, 2023 /PRNewswire/ — China put its downgraded COVID-19 measures into force on Sunday as the nation began to resume normal life after three years of strict pandemic management.

The nation reopened its border ports for cargo transportation as well as inbound and outbound visitors. It also resumed services for Chinese citizens to apply for passports and visas for business and recreation.

Quarantine and on-site COVID-19 tests for the inbound visitors were scrapped, as well as preventative disinfection on imported goods and sampling inspection on cold-chain food.

The country will no longer enforce quarantine measures or mass COVID-19 tests. Practices of identifying close contacts or designating high- and low-risk areas have also discontinued.

Policy changes

China downgraded management of COVID-19 from Class A to Class B and removed it from quarantinable infectious disease management following an array of recent policy shifts regarding the virus, as the nation hit a full vaccination rate of over 90 percent and the COVID-19 virus exhibited less severity.

During the pandemic, COVID-19 was classified as a Class-B infectious disease but was subject to the preventive and control measures for a Class-A infectious disease in China, coming with stringent policies such as quarantine and frequent epidemiological surveys.

China has categorized 40 notifiable infectious diseases in three classes (Class A, Class B and Class C). Plague and cholera are listed as Class A infectious diseases. SARS, AIDS and tuberculosis are among the Class B infectious diseases. Class C infectious diseases include influenza and mumps.

An infectious disease is categorized based on a comprehensive assessment of multiple factors including pathogen characteristics, symptoms, how far and fast it can spread, how much it harms health, its social and economic influence, as well as group immunity and health system capability, according to Liang Wannian, head of the COVID-19 response expert panel under China’s National Health Commission (NHC).

“At the outbreak of the pandemic, we categorized COVID-19 as a Class B disease but applied Class A management because of its rapid spread,” said Liang, adding that they didn’t know much about the disease at the beginning, and such management was needed to protect people.

Liang explained some key conditions have changed recently including the less deadly virus mutation, high vaccination rate and the country’s growing epidemic response support, all of which built a great foundation to make new adjustments.

“We are ready to downgrade it to Class B management to respond to the infections in a more precise, scientific manner,” said Liang.

The expert also stressed that the downgraded management doesn’t mean the country has no control on or has stopped all preventative measures against the virus.

“It means we are stepping up our health services and epidemic response capability,” said Liang.

China renamed the Chinese term for COVID-19 in December from “novel coronavirus pneumonia” to “novel coronavirus infection” to more accurately describe the disease.

Stepped-up COVID-19 response

The NHC released its 10th edition of the guidelines for COVID-19 infection prevention and control on Saturday, emphasizing the importance of boosting vaccination among high risk groups such as the elderly.

It reinforced monitoring and early warning capabilities, including regular monitoring on virus mutation, unknown pneumonia, urban wastewater, hospitals and extra steps in emergency such as monitoring among key groups.

Communities will no longer go through mass COVID-19 tests, which will be provided for those who require them.

“For now, medical treatment for severe cases is our priority,” said Liang. He said further boosting vaccination, virus monitoring and suburb healthcare capability are of great importance.

“For any contagious disease like this, it’s not enough to only depend on the government,” Liang said, “it depends on the synergy coming from the government, society, all the organizations and each one of us.”

https://news.cgtn.com/news/2023-01-08/China-downgrades-COVID-19-rules-as-nation-readies-for-normal-life-1gqlRta1jZS/index.html

Photo – https://mma.prnewswire.com/media/1979318/CGTN_Covid_Infographic.jpg

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CGTN: Revival in China’s domestic and outbound tourism expected after COVID policy shift

BEIJING, Jan. 8, 2023 /PRNewswire/ — China removed certain COVID-19 restrictions on international passenger flights on Sunday, with domestic and international tourism expected to pick up steam as the Spring Festival holiday approaches.

Measures will be taken to ensure that freight at various ports will return to pre-epidemic levels as soon as possible and that outbound tourism for Chinese citizens will be resumed in an orderly manner, according to the Civil Aviation Administration of China.

The optimized policies and measures include the resumption of accepting and approving Chinese citizens’ applications for ordinary passports for tourism purposes and visiting friends abroad.

China also optimized its regulations on travel between the mainland and Hong Kong and Macao, according to a statement of the State Council Hong Kong and Macao Affairs Office. International travelers will be able to enter the mainland via Hong Kong and Macao, and restrictions on the passenger load factor for flights between the mainland and Hong Kong and Macao will be lifted, according to the document.

According to the Ministry of Culture and Tourism on Monday, China saw about 52.7 million domestic tourist visits during the previous three-day New Year holiday, up 0.44 percent year on year.

The tourism revenue generated over the holiday exceeded 26.5 billion yuan (about $3.8 billion), up 4 percent from the same period last year, according to the ministry.

“The national culture and tourism market is generally safe, smooth and orderly,” the Ministry of Culture and Tourism said.

Short-distance tours are trendy among travelers during the holiday period, with sustained popularity for ice and snow activities and camping among young people, according to the ministry. The data also shows a steady recovery in the country’s medium- and long-distance travel, with some online travel agencies reporting a significant increase in ticket bookings for cross-provincial and cross-border tourism over the holiday.

Given the significant number of potential Chinese tourists, the recovery of China’s outbound travel is expected to play a vital role in the rebound of both domestic and global tourism markets.

Within half an hour of the reopening policy announcement, searches for overseas destinations shot up by 1,000 percent, hitting a three-year high, according to Chinese online travel agency Ctrip.

Other Asian countries are among the first ones to benefit from this wave of outbound travel. Data from Trip.com Group showed that the number of orders for outbound flight tickets sold soared 254 percent on the morning of December 27, compared with the same time a day earlier. Singapore, the Republic of Korea, Japan and Thailand were among Chinese tourists’ most popular destinations.

As China’s policy of optimizing regulations on travel continues to generate strong interest globally, tourism authorities in several countries, including Thailand, Canada, Australia, New Zealand and Denmark, have posted on Weibo since December 27, inviting Chinese tourists to visit.

https://news.cgtn.com/news/2023-01-08/Revival-in-China-s-tourism-industry-expected-after-COVID-policy-shift-1gpXuxx1Cak/index.html

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Economist: Iraqi-American talks expected regarding the exchange rate of the dollar

Baghdad, The expert in economic affairs, Salam Sumaisem, announced: “There are expected discussions that will be held between Finance Minister Taif Sami and the US Treasury Secretary to develop solutions for the price of the dollar.”

Sumaisem said in a statement to the National Iraqi News Agency / NINA /: “The approval of the budget faces great challenges that the government must expedite in resolving.”

She explained: “The budget faces the challenges of monetary instability due to the discrepancy in the exchange rate of the dollar and the discrepancy in the price of a barrel of oil and other political issues, in addition to the absence of prior financial planning,” noting: “This chaos needs a serious political decision to expedite the approval of the general budget to implement discontinued service projects.

Source: National Iraqi News Agency

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The Ministerial Council for the Economy requires all Ministries and state institutions to pay wages for goods and services in Iraqi dinars

Baghdad, The Ministerial Council of Economy decided to oblige all ministries and state institutions to pay wages for goods and services in Iraqi dinars.

A statement by the Ministry of Foreign Affairs stated that the Deputy Prime Minister and Minister of Foreign Affairs, Fouad Hussein headed, today, Monday, the first meeting of the Ministerial Council for the Economy, held in the presence of the Deputy Prime Minister and Minister of Planning, and with the participation of the Ministers of Finance, Trade, Industry, Agriculture, Labor and Social Affairs, Secretary General of the Council of Ministers, Governor of the Central Bank of Iraq, acting head of the National Investment Commission, and advisors to the Prime Minister for economic and legal affairs.

According to the statement, the council discussed the draft law of the state’s general budget and the revenues and expenditures contained therein. The Council also discussed the economic issues on its agenda and took many important economic decisions, including: obligating all state Ministries and institutions to pay wages for goods and services in Iraqi dinars, and whoever chooses from the private sector to its sales will be as mentioned above, provided that the Central Bank of Iraq compensates these amounts in dollars and the official rate in order to fulfill their obligations and purchases outside Iraq.

The Council also agreed that the Central Bank of Iraq would contract with the Zaha Hadid Foundation to design the Central Bank building in Nineveh Governorate.

Source: National Iraqi News Agency