latest news releases from the newsroom
Royal Numico NV
Numico Increases Majority Shareholding in Sari Husada to 86.3 Percent
SCHIPHOL AIRPORT, Netherlands, July 20, 2005 (PRIMEZONE) -- Royal Numico N.V. announces that it will increase its majority shareholding in the Indonesian baby food company PT Sari Husada Tbk to 86.3%, effective 20 July. A block of shares equivalent to 5% will be acquired for the price of IDR 3,500 per share.With this transaction Numico will increase its shareholding in the capital of Sari Husada, Indonesia's leading baby food company, from 81.3% to 86.3%. The value of the transaction is EUR 28 million.
Royal Numico NV
Numico: Management Changes at Sari Husada
SCHIPHOL AIRPORT, Netherlands, July 20, 2005 (PRIMEZONE) -- Royal Numico N.V. announces that Peter Kroes and Johnny Widjaja have decided to resign from their positions as President and Vice-President of the Board of Commissioners of PT Sari Husada Tbk, of which Numico is the majority shareholder.
OMX Notice of Extraordinary General Meeting
STOCKHOLM, Sweden, July 20, 2005 (PRIMEZONE) -- The shareholders in OMX AB (publ) ("OMX") are hereby invited to attend an Extraordinary General Meeting on Friday, August 19, 2005, at 12:00 CET at OMX's headquarters at Tullvaktsvagen 15 (Frihamnen) in Stockholm. Registration, etc.
Efficacy, Inc. Corporate Update
LAS VEGAS, July 19, 2005 (PRIMEZONE) -- The Buffalo Group/Efficacy (Pink Sheets:EFCY), specializing in homeland security products, regrets to announce the release of our previous Investor Relations personnel. Due to recent inquiries by various shareholders, it has come to our attention that our drop in share price may be due to selling by various individuals who to date may have sold shares into the marketplace without providing the goods and services offered to the company.
GB&T Bancshares, Inc.
GB&T Bancshares Reports Second Quarter Net Income
GAINESVILLE, Ga., July 19, 2005 (PRIMEZONE) -- GB&T Bancshares, Inc. (Nasdaq:GBTB), a fast-growing multi-bank holding company operating six community banks in markets surrounding Atlanta, Georgia, reported second quarter 2005 net income of $1.4 million compared with $2.2 million reported for the second quarter of 2004. As previously announced, an additional $2.9 million provision was made to the Company's loan loss reserves for the second quarter of 2005 due to the further impairment of an inherited single loan relationship originated through its wholly-owned subsidiary, Home Town Bank of Villa Rica ("HTB") prior to acquisition. Management views this additional charge as an isolated event and believes that the Company's business fundamentals remain strong. For the second quarter of 2005, loans increased 54.6 percent and core deposits increased 39.3 percent, resulting in 41.3 percent revenue growth compared with the prior-year quarter.