November 9, 2021

Kotak Announces New Home Loan Interest Rate of 6.55%

This special rate is valid from 9 November to 10 December, 2021

Kotak Mahindra Bank

MUMBAI, India, Nov. 08, 2021 (GLOBE NEWSWIRE) — Kotak Mahindra Bank Ltd. (KMBL) today announced a new home loan interest rate of 6.55% p.a., which is valid from 9 November to 10 December, 2021, (both days inclusive), as it continues to set the pace in offering homebuyers one of the lowest interest rates in the market. Earlier in September, KMBL had kick-started the festive season by introducing home loan interest rates beginning at 6.50% p.a. – a limited period festive season offer that ends today, 8 November, 2021.

Further, applicants who have received a home loan sanction letter from KMBL by 8 November, 2021, can lock in the earlier rate starting at 6.50%* p.a. if the loan is disbursed in the next seven days i.e. by 15 November, 2021.

Ambuj Chandna, President – Consumer Assets, Kotak Mahindra Bank, said, “It was just over a year ago that Kotak took the lead in offering consumers the best home loan interest rates, making home purchases more affordable. Most recently, our special 60-day festive season offer has been deeply appreciated by home buyers, and we have seen very strong demand momentum – both in fresh cases and balance transfers. We are, hence, delighted to extend the good times for borrowers with a new home loan rate of 6.55%. This is a great opportunity for consumers to buy their dream home now.”

KMBL’s home loan interest rates now start at 6.55%* p.a. and is applicable for both fresh home loans and balance transfers. This special rate is available across all loans amounts and is linked to a borrower’s credit profile.

Features of Kotak Home Loans:

Starting at 6.55%* p.a. on both Fresh Home Loans and Balance Transfer Loans
Attractive rates for both the salaried and self-employed customer segments
Instant in-principle sanction with Kotak Digi Home Loans

To apply for a Kotak Home Loan online, please visit Kotak Home Loans. Consumers can also apply through Kotak’s bank branches across India. Kotak Home Loans are available across over 180 cities and towns in India. Existing Kotak customers can also apply through the Kotak mobile banking app or net banking.

Click here for details on Kotak Home Loan Interest Rates. Kotak Home Loans are linked to an external benchmark i.e. RBI’s policy repo rate.

About Kotak Mahindra Bank Limited

Established in 1985, Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank -Kotak Mahindra Bank Ltd.The Bank has four Strategic Business Units – Consumer Banking, Corporate Banking, Commercial Banking and Treasury, which cater to retail and corporate customers across urban and rural India. The premise of Kotak Mahindra Group’s business model is concentrated India, diversified financial services. The bold vision that underscores the Group’s growth is an inclusive one, with a host of products and services designed to address the needs of the unbanked and insufficiently banked. As of 30 September, 2021, Kotak Mahindra Bank Ltd has a national footprint of 1,622 branches and 2,601 ATMs, and branches in GIFT City and DIFC (Dubai).

For more information, please visit the company’s website at https://www.kotak.com/.

For further information, please contact:

Rahul Sharma
Kotak Mahindra Bank
Tel: +91 22 50623373
rahul.sharma@kotak.co

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Image 1: Kotak Mahindra Bank

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Kotak Mahindra Bank

November 9, 2021

Nyxoah appoints new CFO

Mont-Saint-Guibert, Belgium – November 8, 2021, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that Loïc Moreau will join Nyxoah as CFO as of January 1, 2022.

Loïc will join Nyxoah from GSK, where he held leadership roles in Finance across various geographies. Prior to GSK, Loïc built his career at EY and PwC. Loïc holds an executive master in Finance. He will replace current CFO, Fabian Suarez, who will leave Nyxoah at the end of 2021 to pursue a new opportunity as CEO of a startup MedTech company.

Olivier Taelman, CEO, commented: “We are very grateful to Fabian for his hard work, dedication and leadership over the last seven years. During his time at Nyxoah, Fabian led the Finance department and served as a valued and trusted member of the management team. He was instrumental in securing the successful Euronext Brussels and Nasdaq IPOs during the last year, and we wish him all the best in his new endeavor. We look forward to a smooth transition.”

Fabian Suarez added: “After seven years at Nyxoah, which I profoundly enjoyed, it is time for the next step in my career development. I am proud to have been part of Nyxoah and its exciting journey, and I look forward to Nyxoah’s many future successes.”

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE-Mark indication approval to treat Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and US commercialization approval.

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Contacts:

Nyxoah
Jeremy Feffer, VP IR and Corporate Communications
jeremy.feffer@nyxoah.com
+1 917 749 1494

Gilmartin Group
Vivian Cervantes
IR@nyxoah.com

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ENGLISH – 20211108 – PR new CFO (FINAL)

November 9, 2021

Royal Den Hartogh Logistics and MUTO Group Announce Merger

Merger Royal Den Hartogh Logistics and MUTO group

ROTTERDAM, Netherlands, Nov. 08, 2021 (GLOBE NEWSWIRE) — Royal Den Hartogh Logistics has identified the Asia Pacific (APAC) region as a key engine of growth and has an aspirational ambition to be a leading regional tank operator offering one-stop deep-sea and intra-APAC logistics services. Den Hartogh is pleased to announce that it is closer to this ambition with the merger between Den Hartogh and the MUTO group of companies in Korea, Thailand and Malaysia.

Its strong regional presence across five APAC offices, including Singapore and Shanghai, will propel Den Hartogh to be a leading intra-APAC logistics service provider including market leaderships in the new locations the company now has local direct access. This growth milestone signifies the commitment to the region in addition to our growing fleet of tank containers.

MUTO Global Thailand and MBT Global Malaysia will be re-branded as Den Hartogh Thailand and Den Hartogh Malaysia respectively. The MUTO Logix Korea branding will be retained and rebranded as a member of Royal Den Hartogh Logistics.

With this merger, Den Hartogh is confident of further increasing customer satisfaction by providing tanks at the right place, right time and right quantities. Den Hartogh will be positioned to serve its customers better now in Seoul, Bangkok and Klang with more personalized and innovative logistics solutions.

We are here to grow in Asia. Grow with us.

Press Contact
For more information about the merger between Den Hartogh and MUTO, please contact your local representative at Den Hartogh or send your question to communications@denhartogh.com.

About Den Hartogh
Royal Den Hartogh Logistics is a leading Logistics Service Provider established in The Netherlands in 1920. As a bulk logistics service provider for the chemical, gas, polymer and food industry, we combine the best elements to create the optimal solution for each situation. Safety and operational excellence are embedded in our culture. We have a presence in every region of the world, in 47 locations within 26 countries. Our workforce consists of 1,800 people and our modern equipment includes more than 20,000 tank containers, 6,100 dry bulk containers and specialised dry bulk trailers, 350 tank trailers and 625 trucks.

About MUTO
Muto Group started its journey in Korea in 2003 and quickly established itself as one of the leading independent logistics service providers for the Korean chemical and petrochemical market. With a strong focus on customer relationships, reliable service and the ability to create fit for purpose solutions, MUTO has been able to strengthen its position and presence in the Korean and intra-APAC market. Currently MUTO is one of the largest intra-APAC operators, with a team of 60 people, operating a fleet of 2,500 tank containers. With their dedicated focus on special tank solutions, MUTO is able to provide logistics solutions to multiple continents outside APAC.

Our strong regional presence across five APAC offices, including Singapore and Shanghai, will propel Den Hartogh to be a leading intra-APAC logistics service provider.

This content was issued through the press release distribution service at Newswire.com.

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Merger Royal Den Hartogh Logistics and MUTO group

November 9, 2021

Virgin Pulse Appoints New Chief Revenue Officer, Chief People Officer and Client Success Leader

Company Continues to Bolster Leadership Team with Key Hires and Promotions

Andrew Reeves

Virgin Pulse appoints Andrew Reeves as Chief Revenue Officer

PROVIDENCE, R.I., Nov. 08, 2021 (GLOBE NEWSWIRE) — Virgin Pulse, the leading global provider of tech-enabled solutions focused on improving the health and wellbeing of its members, today announced new executive appointments as the company accelerates its commercial business and advances its employee experience and talent development initiatives. Andrew Reeves has been named Chief Revenue Officer (CRO) and Diane “Di” Holman has joined as the company’s first global Chief People Officer. The company has also promoted Kristen Larson to lead Virgin Pulse’s Client Success team.

“Over the past month, we have made a number of high-caliber hires and continue to promote talent internally as we ramp for growth and expansion in 2022 and beyond. Today, I am pleased to welcome Andrew and Di to our team and congratulate Kristen as she takes on an expanded role within our organization,” said Chris Michalak, CEO of Virgin Pulse. “Each of these individuals will lead critical functions at a pivotal time for Virgin Pulse. We are on the cusp of closing our best year ever, finalizing our acquisition of Welltok, launching new Homebase for Health^® products and partners to help our clients maximize their health and wellbeing investments, and defining our post-pandemic work culture and employee experience. Building a world-class, client-centric commercial team, continuing to attract great talent in a competitive market, and making Virgin Pulse a best place to work are top priorities for our organization. I am confident that Andrew, Di and Kristen bring the leadership, experience, and vision we need to build on our momentum and accelerate these priorities.”

Diane “Di” Holman

Virgin Pulse appoints Diane “Di” Holman as global Chief People Officer

Andrew Reeves

As Virgin Pulse’s CRO, Andrew will lead the company’s commercial go-to-market strategy globally, with responsibility for all client-facing teams across the organization. He will be instrumental in shaping and executing Virgin Pulse’s growth strategy as the company accelerates its Homebase for Health® strategy and market expansion. A client-centric, growth-focused healthcare leader with more than 20 years’ experience working in healthcare technology and with payers, Andrew brings deep healthcare knowledge, extensive operational, business development and clinical strategy expertise, and a solid record of building and leading high-performing teams. After a successful 12-year career at Cigna, where he held several leadership roles and launched the organization’s Medicare Advantage business in several states, Andrew worked with several healthcare technology companies, serving as president, chief operating officer and chief commercial officer. Under his leadership, those organizations significantly expanded their health plan and enterprise businesses, achieving 3x year-over-year revenue growth
Diane “Di” Holman
Diane “Di” Holman joins Virgin Pulse as Virgin Pulse’s first Chief People Officer, leading all aspects of the company’s global human resources strategy including talent acquisition, learning and development, employee experience, justice, equity, diversity, and inclusion (JEDI), internal communications, and total rewards. Di has spent more than 25 years implementing talent strategies that drive growth, support business transformation, and build best-in-class cultures for Fortune 500 and Best Places to Work companies and brings significant experience with mergers, acquisitions and cultural integration. Her leadership will be crucial in helping Virgin Pulse shape its future workplace and employee experience strategy while growing and developing the most important part of the company’s business, its employees. Prior to Virgin Pulse, Di served as managing director for global talent management at Moody’s Corporation and has previously held senior HR and talent leadership roles at AthenaHealth, Wolters Kluwer, Raytheon, GE and CapGemini.

Kristen Larson

Kristen Larson has been promoted to Senior Vice President of Client Success at Virgin Pulse

Kristen Larson
Following her successful tenure supporting Virgin Pulse’s health plan and distributor clients, Kristen Larson has been promoted to Senior Vice President of the company’s Client Success organization. In this expanded role, Kristen will be responsible for building and expanding strategic partnerships across Virgin Pulse’s clients, ensuring they are continually maximizing the value of their Virgin Pulse investments and solutions, and maintaining the company’s best-in-class Net Promoter Score (NPS). With more than a decade of experience leading client success and account management teams in the health and wellbeing market, Kristen brings deep industry knowledge, a consultative, results-focused approach, and a proven record of helping clients achieve their health and wellbeing program goals.

Today’s announcement follows on the heels of Virgin Pulse announcing Rik Thorbecke as Chief Financial Officer and Amit Jain as Chief Technology Officer last month.

About Virgin Pulse
Virgin Pulse is the leading global provider of health and wellbeing solutions designed to drive outcomes and reduce costs by enabling better decision-making across the full care continuum — from prevention and wellbeing to pre-chronic and chronic disease management to episodic and acute care. Featuring the industry’s only true Homebase for Health ^®, a personalized ecosystem where Virgin Pulse clients and members can access, navigate and interact with their health, wellbeing and benefits in one, trusted and familiar place, Virgin Pulse’s solutions fuse high-tech, high-touch, predictive analytics, AI and data to unify and simplify health and wellbeing. Today, thousands of organizations and over 14 million users in more than 190 countries are using Virgin Pulse to change their lives – and businesses – for good. For more tips and insights, connect with us on Twitter or LinkedIn.

press@virginpulse.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/e046a692-5bef-4dd5-856c-2383de0bf2b0

https://www.globenewswire.com/NewsRoom/AttachmentNg/61b1dad7-5660-418e-b440-aa72bc29c326

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November 9, 2021

Satellite imagery shows damage to town torched in Myanmar’s Chin state

The fiery destruction by Myanmar soldiers of sections of a town of 10,000 people in western Myanmar’s restive Chin state late last month can clearly be seen in satellite photos of the area released at the weekend.

In the second known round of burning by troops loyal to the junta that overthrew Myanmar’s elected government on Feb. 1, witnesses said regime soldiers entered Thantlang township on Oct. 29, began looting the property of residents, and then set fires that burned more than 200 homes, as well as some churches.

The torching of at least 200 homes in Thantlang, came a month after junta troops had set fire to the town, burning 18 homes and a hotel, and sending residents fleeing across the border to India’s Mizoram state to escape a military offensive, Chin sources said at the time.

The burnings were condemned by New York-based Human Rights Watch as “a crime against humanity,” while the State Department said the international community must “hold the Burmese military accountable and take action to prevent gross violations and abuses of human rights.”

The junta denied being behind the Thantlang attacks and demanded its accusers present evidence. But anyone returning to the burned-out township to investigate the fires risks arrest or retaliation by troops who are occupying the area.

Reported by RFA’s Myanmar Service. Written in English by Paul Eckert.

November 9, 2021

NLD vows to ‘return power to the people’ a year after Myanmar’s annulled election

Myanmar’s deposed National League for Democracy (NLD) party vowed to “return power to the people” on Monday, as it marked a year since its landslide general election victory that the military overturned in a February coup that has left the country isolated, hungry and wracked with violence.

Kyaw Htwe, a former lawmaker representing Zabuthiri township in the capital Naypyidaw and a member of the NLD’s Central Committee, said in a statement that the junta must respect the results of the Nov. 8, 2020, ballot and relinquish control of the country, which it has ruled by violently repressing its opponents.

“In order to resolve the current crisis in the country, all acts of violence must be stopped and all political prisoners — including the state counselor and the president — must be released immediately,” he said, referring to NLD leader Aung San Suu Kyi and former President Win Myint, both of whom were arrested shortly after the Feb. 1 coup.

“The implementation of the 2020 election results is still a necessary process, and much remains to be done.”

Nine months after the Feb. 1 coup, security forces have killed 1,244 civilians and arrested at least 7,122, according to the Bangkok-based Assistance Association for Political Prisoners. Many of the deaths and arrests have occurred during crackdowns on anti-junta protests.

The junta claims it unseated the NLD government because the party had engineered its victory in the 2020 election through widespread voter fraud, though international observers rated the vote legitimate. It has yet to present evidence backing up the allegation, and protests against the military regime continue.

On Monday, a participant in flash protests in Mandalay named Ko Thura told RFA’s Myanmar Service that anti-junta activities will not cease until democracy is reinstated.

“The reason we are still on the streets today is because the military dictatorship has not yet fallen,” he said.

“The focus of our protests is to continue our fight for the federal democratic union that we all aspire to, and we will continue to work for the establishment of a nation.”

The junta has also faced pressure from Western governments, including the United States, which have called for the military to step down.

The U.S. State Department said Monday that it will work to end military oppression and restore democracy in Myanmar.

“The military’s subsequent and ongoing violent crackdown has further undermined human rights and fundamental freedoms and reversed a decade of progress toward a genuine democracy,” U.S. Secretary of State Anthony Blinken said in a statement marking the anniversary of the election.

“We honor the people of [Myanmar] striving to restore democracy, respect for human rights, and the rule of law in their country, including more than 1,300 innocent people who have lost their lives in that struggle.”

Blinken called for an immediate end to violence in Myanmar, the release of all detainees, and a return of democratic institutions.

A small group of protesters against the military government that ousted Myanmar leader Aung San Suu Kyi earlier this year raise their hands with the three-finger protest gesture during a flash mob rally in Thaketa township in Yangon, Nov. 6, 2021. AP Photo

Election claims

The statement drew a response from junta spokesman Maj. Gen. Zaw Min Tun, who said that the U.S. should focus on its own affairs.

“They don’t have to tell us to return to democracy. We have promised that we will return to democracy, although it may not be the type of democracy they want it to be,” he said.

“We will go for a truly disciplined democracy. [The leaders] may not be who they want to be.”

Zaw Min Tun said the current situation in Myanmar is the result of “fraudulent 2020 elections” and that it is unfair to blame the military for the ensuing violence.

In July, Myanmar’s military-appointed Union Election Commission (UEC) annulled the results of the election, claiming that more than 11.3 million ballots had been discounted due to fraud and other irregularities during the vote.

Among alleged irregularities, the commission said voters were allowed to cast ballots without presenting their national identification cards and some cast multiple ballots under the same name.

The UEC met with representatives of more than 40 pro-military parties over the weekend to discuss the use of a Proportional Representation system in the next election, although details of the meeting have yet to be made public. The meeting was boycotted by nearly 50 anti-coup political parties, including the NLD.

Clashes ongoing

The image of normalcy the military tried to project a year into the country’s political crisis was undercut by clashes with anti-junta People’s Defense Force (PDF) militias in four townships in the restive Sagaing region on Sunday. The military deployed helicopters and jets in what it referred to as “counter-terrorism operations.”

A resident told RFA that around 2,000 people have been forced to evacuate in recent days because of the military raids on six villages in Sagaing’s Kawlin township alone.

“It happened [Sunday] in the western part of Kawlin and also the previous day,” they said, speaking on condition of anonymity out of fear of reprisal.

“Nothing has happened in [downtown] Kawlin itself so far. However, there were frequent clashes all over the eastern and western sides of the township. Most of the villagers are fleeing.”

Political analyst Dr. Sai Kyi Zin Soe told RFA on Monday that the military will not escape punishment for its violence and human rights abuses.

“Instead of a transfer of power to the people and a return to the time prior to the coup, there will be some kind of action for their past crimes … and violations of international law,” he said.

Reported by RFA’s Myanmar Service. Translated by Khin Maung Nyane. Written in English by Joshua Lipes.