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The funds were raised through the Company's broker, TPI. As part of their commission arrangements, the Company has agreed to issue 118,750,000 Ordinary Shares to TPI for their fundraising services (the 'Commission Shares').
IOSHA took action against TPI after workers complained the company failed to protect them from exposure to dangerous chemicals that caused severe skin injuries.
AboitizPower said TPI is streamlining its share ownership structure in GNPower Mariveles Coal Plant Ltd.
AboitizPower said TPI, the holding firm of the Aboitiz group's nonrenewable energy interests, used internally generated funds for the prepayment.
TPI is the Aboitiz Group's holding company for investments in non-renewable energy.
Vistin Pharma ASA is selling its opioids and tablet manufacturing branch (CMO) to TPI Enterprises Limited (TPI), the company reported on Thursday.
Amongst the legal changes implemented, the two key factors driving our assessment of the TPI are (i) the switch to pass through payment of the bonds occurring upon bankruptcy of the issuer and breach of legal tests and (ii) extension of the bonds maturity to three years beyond the latest maturing asset in the cover pool.
The United States Department of Energy's Office of Energy Efficiency & Renewable Energy has awarded USD3m programme to United States-based TPI Composites, Incorporated.
Steve Lockard, CEO & president TPI Composites, said, 'We are excited about the opportunity to design, develop and validate the materials and manufacturing technologies that can transition lightweight structural composites into the high-volume automotive mainstream.'
Upon completion of the sale and transfer of 100% of NEW TPI, LLC's ownership to Fortran, the transaction is expected to increase shareholder equity value and likely will be accretive to Fortran's earnings.
TPI is a New Jersey corporation with average gross annual revenues of USD13,600,000 and average annual gross profits of USD3,500,000 per year over the last five years.
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