Daily Monitor
Thursday May 13 2021
Summary
Acting through Kiboijana Kakuba & Company Advocates, Converge System avers that the software was to be installed within three months from the signing of the contract at a sum of Shs401.9m.
Advertisement
A computer software installing company has sued Post Bank seeking recovery of more than Shs401.8m in unpaid fees for software services.
In a case filed before the Commercial Division of the High Court, Converge System Limited claims that on or about December 4, 2018, it executed a contract with the Post Bank to supply, install and commission a computer based software system known as International Financial Reporting Standard (IFRS) 9 Impairment Solution) at the bank’s head office in Kampala.
It looks like this was the result of either:
A mistyped address
A broken link on our site
A broken link on a search engine results page
A broken link on someone else s page
Some things to try:
Use the navigation menu at the top Most Read
Kuwait Roundtable: Looking to Recovery
Advertisement
Kuwaiti banks provided crucial support through the Covid-19 crisis and will play just as important a role in nursing the nation back to full economic health. Top executives from seven of the nation’s leading financial institutions discuss the past year and look ahead to the future.
May 06, 2021
Global Finance: A year after the pandemic, Kuwait is still experiencing partial lockdowns, travel bans and mandatory institutional quarantining. Vaccines are becoming available but have not yet reached a large percentage of the population. How has the pandemic impacted Kuwait’s economy and banks? When do you anticipate recovery to take place in earnest? Which sectors of the economy will be permanently advantaged or damaged?
Perk Labs Reports First Quarter 2021 Results
ACCESSWIRE
29 Apr 2021, 22:43 GMT+10
VANCOUVER, BC / ACCESSWIRE / April 29, 2021 / Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF)(FKT:PKLB) ( Perk Labs or the Company ) today announced financial results for the first quarter ended February 28, 2021.
Overview
The Company enters the new fiscal year with a significantly strengthened balance sheet due to the success of its at-the-market offerings coupled with the IPO of Euro Asia Pay. As at February 28, 2021, the Company had $2.1 million cash, $2.8 million in marketable securities and zero long term debt. This strength in its balance sheet provides Perk Hero with the resources required to execute on its plan.
Share:
Industrias Bachoco, S.A.B. de C.V., Bachoco or the Company , (NYSE:IBA, BMV:BACHOCO) announced today its unaudited results for the first quarter ( 1Q21 ) ending March 31, 2021. All figures have been prepared in accordance with International Financial Reporting Standard ( IFRS ) and are presented in nominal million Mexican Pesos ( $ ), except earnings per share.
HIGHLIGHTS- 2021 vs. 2020
EBITDA margin was 15.1% in 1Q21 vs 6.0% in 1Q20.
Earnings per basic and diluted share were $3.50 in 1Q21 vs $3.61 in 1Q20.
CEO COMMENTS
Mr. Rodolfo Ramos Arvizu, Chief
Executive Officer of Bachoco, stated, We continued observing a good balance between supply and demand which allowed us to achieve outstanding results in our first quarter of 2021, despite adjustments in sales volume, as a result of remaining COVID-19 confinement measures that had effects in some of the markets in which we compete.