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Qatar- Ooredoo Group announces QR1.1bn net profit in 2020


(MENAFN - The Peninsula)
The Peninsula
Doha: Ooredoo Group announced yesterday net profit of QR1.1bn in 2020 and the Board proposed a cash dividend of QR0.25 per share. Group s net profit attributable to Ooredoo shareholders decreased by 35 percent year-on-year in 2020 mainly due to lower EBITDA and one off gains in 2019 from the Indonesian tower sales. In fourth quarter (Q4) of 2020, the net profit was negatively impacted by foreign exchange losses mainly due to the devaluation of the Iraqi dinar and a one off impairment from an investment. 
Revenue declined by 4 percent year-on-year to QR28.9bn in 2020, due to the COVID-19 pandemic impact, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some of our markets. This was partially offset by growth in Indonesia, Myanmar and Palestine. ....

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Buckhaven Capital Corp.: Buckhaven Provides Update on its Proposed Qualifying Transaction


Buckhaven Capital Corp.: Buckhaven Provides Update on its Proposed Qualifying Transaction
Vancouver, British Columbia (Newsfile Corp. - February 12, 2021) - Buckhaven Capital Corp. (TSXV: BKH.P) (
Buckhaven ) is pleased to provide an update to its proposed qualifying transaction (previously announced on August 18, 2020 and November 3, 2020) (the
Transaction ). In furtherance of the Transaction, Buckhaven, 1271860 B.C. Ltd. (
Buckhaven Subco ), 1254688 B.C. Ltd. (
125 ), and Ag-Mining Investments AB (
AG-Mining ) have entered into a master agreement dated October 30, 2020 (the
Business Combination Agreement ), which sets forth the terms and conditions upon which 125 will acquire Buckhaven by way of reverse takeover in accordance with the policies of the TSX Venture Exchange ( ....

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336 Whangārei landowners inside proposed four-lane SH1 corridor


336 Whangārei landowners inside proposed four-lane SH1 corridor
14 Feb, 2021 10:00 PM
4 minutes to read
Otaika Rd heading in and out of Whangārei could look very different come December 2028 when the four-lane highway was to be completed. Photo / File
Up to 336 landowners could be impacted by the impending $692 million four-lane highway into Whangārei from the State Highway 1 roundabout near Ruakākā.
Waka Kotahi New Zealand Transport Agency revealed that 336 landowners along
the highway s potential route, dubbed an emerging preferred corridor, had been sent letters by the agency, detailing how their property was inside the corridor.
The number was released to the Northern Advocate after an Official Information Act request. Also requested was the total number of properties which would be directly and indirectly impacted, but this was refused given the total number could not be determined until the highway s route was confirmed. ....

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