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29.05.26 - 17:21
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AM Best Affirms Credit Ratings of Halyk-Life, JSC (Business Wire)
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LONDON--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Halyk-Life, Life Insurance Subsidiary Company of the Halyk Bank of Kazakhstan, JSC (Halyk-Life) (Kazakhstan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Halyk-Life's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management (ERM).
Halyk-Life's balance sheet strength is underpinned by its risk-adjusted capitalisation, which is assessed at the strongest level, as measured by Best's Capital Adequacy Ratio (BCAR). BCAR scores were comfortably above the minimum required level for the strongest assessment at year-end 2024, based on audited IFRS 17 financial statements. BCAR scores are expected to remain at the strongest level in 2025, and prospectively, supported by solid operating results and a divid...
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08.05.26 - 13:36
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AGI Announces Cooperation Agreement with Plantro (Business Wire)
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WINNIPEG, Manitoba--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) (“AGI” or the “Company”) is pleased to announce that it has entered into an agreement (the "Cooperation Agreement") with Plantro Ltd. ("Plantro"), pursuant to which the Company has agreed to appoint Mick MacBean and Gary Anderson to the Board following the upcoming annual and special meeting of shareholders to be held on June 4, 2026 (the "Annual Meeting"). Pursuant to the Cooperation Agreement, Plantro has withdrawn its previously announced notice of its intention to nominate three individuals for election as directors at the Annual Meeting.
“We appreciate our constructive engagement with Plantro and are pleased to have come to a mutually acceptable outcome,” said Daniel Halyk, Board Chair. “This development allows AGI to continue to focus on the execution of its restructuring plan with a view to maximizing shareholder value.”
To facilitate the Board appointments, Jean-Philippe Choqu...
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16.04.26 - 18:27
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AM Best Revises Issuer Credit Rating Outlook to Positive for Halyk Insurance Company JSC (Business Wire)
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LONDON--(BUSINESS WIRE)--#insurance--AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of the Joint-Stock Company Subsidiary of Halyk Bank of Kazakhstan Halyk Insurance Company (Halyk Insurance) (Kazakhstan). The outlook of the FSR is stable.
These Credit Ratings (ratings) reflect Halyk Insurance's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management (ERM).
The revision of the Long-Term ICR outlook to positive reflects AM Best's expectation that Halyk Insurance will continue to develop its ERM capabilities to a level aligned with the company's evolving risk profile. Halyk Insurance is also expected to further enhance its risk management framework and demonstrate that it is integrated in the company's strategic decision-m...
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01.04.26 - 18:51
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AGI Announces AGM Date and Responds to Plantro News Release (Business Wire)
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WINNIPEG, Manitoba--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, “we”, or “us”) announces that its Board of Directors (“Board”) has set the date for the Company's 2026 Annual General Meeting of Shareholders (the “AGM”) for June 4, 2026 at 9:00 am Central Standard Time. The AGM will be held at AGI's corporate office in Winnipeg. The record date for the AGM has been set for April 30, 2026.
This year's proposed board slate includes five incumbent directors: Daniel Halyk (Chair), Jean-Philippe Choquette, George Armoyan, Steve Sommerfeld, and Brad Wall. The Board also anticipates nominating one additional candidate for election to the Board at the AGM. All of the current nominees have joined the Board within the past year and their collective focus has been to address business and financial challenges faced by AGI due in large part to decisions taken prior to their appointment to the Board. This includes decisions taken under the leadership of Tim C...
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18.03.26 - 11:48
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Philipp Haas (Invest 4Capital): "Der Markt ist rationaler geworden" - Osteuropa, Banken und Immobilienfirmen im Fokus (BRN)
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Krieg, Öl, Inflationsrisiko, aber keine Panikbörsen. "Der Markt ist rationaler geworden", so Vollzeitinvestor Philipp Haas. Und es gibt Länder wie Kasachstan, die zumindest kurzfristig von einem hohen Ölpreis profitieren. Eine Bewertungsstory, die auch nationale Banken wie Kaspi.kz und die Halyk Bank beflügelt. Trade-Forward-Aktien wie die ProCredit AG performen auch in Osteueropa (Ukraine) positiv, sofern es einen Frieden gibt. Was passiert mit den Software- und Plattform-Unternehmen sowie der KI-Hoffnung? Viele Unternehmen waren und sind zu teuer bewertet: "Das ist jetzt sicherlich durch KI ein bisschen begrenzt." Im Fonds invest4 innovation S ( https://invest4.net/der-haas-inves4-innovation-aktienfonds ) weiterhin: Rightmove, Groupon, TBC Bank, On the Beach, Hamnet, Grupa Pracuj und Hypoport: "Sowohl operativ als auch vom Multiple her ist nach oben der Hebel sehr groß."...
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15.01.26 - 14:51
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AGI Announces CEO Change (Business Wire)
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Paul Householder steps down as President and Chief Executive Officer; Paul Brisebois appointed as Interim President and Chief Executive Officer effective immediatelyWINNIPEG, Manitoba--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, “we” or “our”) today announced that Paul Householder has stepped down as President and Chief Executive Officer (“CEO”) for personal reasons, effective immediately. Mr. Householder has also resigned from AGI's Board of Directors.
The Board of Directors has appointed Paul Brisebois, currently AGI's Senior Vice President of North America Farm and Global Portables, as the Company's Interim President and CEO, effective immediately. The Board has formed a special committee, consisting of Mr. Halyk, Ms. Ricard, and Mr. Choquette, to oversee a comprehensive search for a permanent President and Chief Executive Officer. To ensure a seamless transition of responsibilities and continuity, Mr. Householder has agreed to remain available...
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16.07.25 - 15:24
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"Graf Zahl" Stefan Meißner über sein wikifolio FocusedYieldInvesting: "Ich kassiere zufrieden meine Dividenden!" (BRN)
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Eben noch auf der wiki-Showbühne, jetzt schon im Börsenradio: Stefan Meißners wikifolio FocusedYieldInvesting ( https://www.wikifolio.com/de/de/w/wffoyieldi ) ist "pur fundamental" und weist pro Jahr 30 % Rendite auf. Meißner, dessen größtes Vorbild Warren Buffett ist, arbeitet mit einem eigenen Investment-Tool, wobei er eher ein Graf Zahl ist, denn ein Technik-Geek: "Ich kassiere zufrieden meine Dividenden." Im Portfolio unter anderem: "Dividendenwert" Höegh Autoliners, Bank of Georgia, TBC BANK GROUP, JD.com, Stellantis, Halyk, Thungela Resources, Petroleo Brasileiro - Petrobras und Centene....
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02.06.25 - 13:03
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AGI Announces Board Chair and Committee Chair Appointments (Business Wire)
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Daniel Halyk Appointed as Board ChairWINNIPEG, Manitoba--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, “we”, or “our”) announced today the appointment of Daniel Halyk as Chair of the Board of Directors effective immediately. Mr. Halyk succeeds the outgoing Chair, Janet Giesselman, who stepped down prior to this year's Annual General Meeting and who had served in the Board Chair role since 2023.
“Dan is a thoughtful, strategic leader with diverse skills that will be highly valuable for AGI as we execute our strategy,” said Paul Householder, President & CEO of AGI. “Dan's extensive operational experience will be a tremendous asset for the Company as we implement our global growth plans. I look forward to partnering closely with Dan and the entire Board to deliver on our commitments to shareholders, customers, and employees. We are equally grateful to Janet for her steady leadership and commitment to AGI over the past ten plus years.”
“It's an ho...
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21.05.25 - 13:06
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AGI Provides Governance Update (Business Wire)
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WINNIPEG, Manitoba--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, “we” or “our”) announced today that Janet Giesselman, the Chair of AGI's Board of Directors and a director since March 2013, and Anne De Greef-Safft, the Chair of AGI's Human Resources and Compensation Committee and a director since December 2018, have advised AGI that they will not be standing for re-election at the Annual General Meeting of shareholders (the "AGM") that will take place on May 21, 2025.
There are now seven candidates standing for election at the AGM: Rohit Bhardwaj; Jean-Philippe Choquette; Mike Frank; Daniel Halyk; Paul Householder; Corrine Ricard; and Mary Shafer-Malicki. The Board of Directors will select a new Chair in due course.
AGI's Board of Directors thanks Ms. Giesselman and Ms. De Greef-Safft for their significant contributions and service to AGI and its shareholders during their tenure.
AGI Company Profile
AGI is a provider of the equipment and solu...
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