George Town News

O2Micro Will Announce Second Quarter 2014 Results on July 23, 2014
by BWW News Desk - Jul 07, 2014

George Town, Grand Cayman, July 7, 2014 (GLOBE NEWSWIRE) O2Micro® International Limited, (Nasdaq:OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, will announce its financial results for the second quarter, ended June 30, 2014, on Wednesday, July 23, 2014. (more...)

LDK Solar Subsidiary Signs Module Supply Agreement with Energy Absolute PCL
by BWW News Desk - Jul 07, 2014

George Town, Cayman Islands, XINYU CITY, China and SUNNYVALE, Calif., July 7, 2014 /PRNewswire/ LDK Solar Co., Ltd. in provisional liquidation ('LDK Solar' or the 'Company') and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that its Chinese subsidiary, LDK Solar Hi-Tech (Nanchang) Co., Ltd. (LDK Solar Hi-Tech), has signed a new module supply agreement with Energy Absolute PCL, a leading developer of solar projects in Thailand. Under terms of the agreement, LDK Solar Hi-Tech will provide modules totaling 64 megawatts with shipments commencing at the end of July 2014 through September 2014 as part of a project in Lampang. (more...)

LDK Solar Subsidiary Signs Wafer Supply Agreement with Solartech Energy Corporation
by BWW News Desk - Apr 25, 2014

George Town, Cayman Islands, XINYU CITY, China and SUNNYVALE, Calif., April 25, 2014 /PRNewswire/ LDK Solar Co., Ltd. in provisional liquidation ('LDK Solar' or the 'Company') and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that its Chinese subsidiary, Jiangxi LDK Solar Hi-Tech Co., Ltd. ('Jiangxi LDK Solar'), has signed a wafer supply agreement with Solartech Energy Corporation, a Taiwanese company listed on the Taiwan exchange with solar collection manufacturing operations.  Under the terms of the agreement, Jiangxi LDK Solar will provide wafers totaling 765 megawatts with shipments commencing in May 2014 through April 2017. (more...)

O2Micro Will Announce First Quarter 2014 Results on April 30, 2014
by BWW News Desk - Apr 07, 2014

George Town, Grand Cayman, April 7, 2014 (GLOBE NEWSWIRE) O2Micro® International Limited, (Nasdaq:OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, will announce its financial results for the first quarter, ended March 31, 2014, on Wednesday, April 30, 2014. (more...)

Cayman Provides Solution to Escalating Operational Costs Experienced by Global Commodities Companies
by BWW News Desk - Mar 27, 2014

Cayman Enterprise City (CEC), the Cayman Islands' award-winning special economic zone, today announces 2014 plans for a focus on global commodities companies seeking to curb escalating operational costs in order to become more profitable. CEC began the outreach in Canada this month by sending business development team members to the Prospectors and Developers Association Convention (PDAC) in Toronto, the mineral industry's premier annual convention. CEC's Global Business Development Manager Sheridan Robinson accompanied Ramesh Maharaj, a Partner with Walkers a leading Cayman Islands law firm. (more...)

O2Micro Revises First Quarter 2014 Financial Guidance
by BWW News Desk - Mar 24, 2014

George Town, Grand Cayman, March 24, 2014 (GLOBE NEWSWIRE) O2Micro® International Limited (Nasdaq:OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today revised its guidance for the first quarter of 2014. The company now expects its first quarter revenue to be in the range of $15.5 million to $16.5 million, versus previous guidance of $17.8 million to $19.1 million. In addition, gross margin for the first quarter is now expected to be approximately 49% to 51%. (more...)

Suntech Singapore Fails to Pay the Judgment Debt Due to PSS and has Its Equity Interest in a Core Subsidiary Frozen by the PRC Court
by BWW News Desk - Mar 18, 2014

George Town, Cayman Islands, March 18, 2014 /PRNewswire/ Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the 'Company' or 'Suntech') today announced that, following the January 27, 2014 judgment from the High Court of the Republic of Singapore ordering Suntech Power Investment Pte., Ltd. ('Suntech Singapore') to pay to Suntech's subsidiary, Power Solar System Co., Ltd. (in liquidation) ('PSS'), approximately US$263.9 million (the 'Judgment Debt'), on February 20, 2014, the Liquidator of PSS issued a statutory demand against Suntech Singapore for the Judgment Debt. Suntech Singapore was required to repay the Judgment Debt by March 13, 2014, but it has failed to do so. Suntech Singapore is now deemed to be unable to pay its debts under the Singapore Companies Act. However, on March 12, 2014, Suntech Singapore filed an application to set aside the Judgment Debt. PSS is considering the application and will make further announcements as may be warranted. (more...)

Cayman Enterprise City Launches Web-based Client Portal
by BWW News Desk - Mar 13, 2014

The application process for international companies seeking to set up a physical presence in the Cayman Islands has gone online with the launch of Cayman Enterprise City's new web-based client portal. Cayman's special economic zone developed the portal in conjunction with Brac Informatics Centre, an international provider of technology and cloud-based solutions based in the Cayman Islands. (more...)

O2Micro's Driving Circuit Topology Issued Japanese Patent
by BWW News Desk - Mar 03, 2014

George Town, Grand Cayman, March 3, 2014 (GLOBE NEWSWIRE) O2Micro® International Limited (Nasdaq:OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, was granted a patent by the Japanese Patent Office (JPO) for its Driving Circuit topology. (more...)

Suntech Provides Update with Respect to NYSE Appeal
by BWW News Desk - Feb 14, 2014

George Town, Cayman Islands, Feb. 14, 2014 /PRNewswire/ Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the 'Company' or 'Suntech') today announced that the NYSE's Committee for Review has upheld a decision previously made by NYSE Regulation, Inc. to commence delisting proceedings of the Company's American Depositary Shares. The Company expects a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) will be filed shortly with the U.S. Securities and Exchange Commission to delist the Company's American Depositary Shares. (more...)

Cayman Enterprise City Hits Major Milestone of 100 Companies in the Zone
by BWW News Desk - Feb 03, 2014

Cayman Enterprise City (“CEC”), The Cayman Islands' award-winning knowledge-based special economic zone, has hit a major milestone by signing up its 100th company to enter the zone ? a goal CEC set for itself last year. The Cayman Islands Government set Cayman apart from other tax-neutral jurisdictions by green lighting the development of special economic zones and CEC was designed to attract international companies, in the Internet and Technology, Media, Commodities and Biotech industries to the Cayman Islands. The zone enables entrepreneurs and established businesses to set up a physical operation in Cayman with offices and staff on the ground, to take advantage of Cayman's tax-neutral status along with a raft of special zone concessions granted by the Cayman Islands Government. (more...)

Emmy Winner Derek Hough to Sail on Holland America Line's 'DANCING WITH THE STARS: At Sea' Champions Cruise
by BWW News Desk - Dec 03, 2013

Derek Hough, the Emmy Awardwinning dancing professional best known for his role on the hit ABC television show 'Dancing with the Stars', is scheduled to perform on the Jan. 12, 2014, 'Dancing with the Stars: At Sea' Champions Cruise on ms Nieuw Amsterdam. (more...)

Ocean Thermal Energy Corporation Announces Listing of $7,650,000 Equity Offering on Mission Markets Transaction Platform for the Sustainable Capital Markets
by BWW News Desk - Oct 15, 2013

LANCASTER, Pa., Oct. 15, 2013 /PRNewswire/ Ocean Thermal Energy Corporation ('OTE'), a leading developer of Seawater District Cooling ('SDC') and Ocean Thermal Energy Conversion ('OTEC') systems, today announced that the Company has launched its $7,650,000 Equity Offering of the Company's Common Shares with Mission Markets transaction platform for the sustainable capital markets. (more...)

Holland America Line Adds Pro Dancers Kym Johnson, Tristan MacManus And Celebrity Sabrina Bryan To 'Dancing With The Stars: At Sea' Theme Cruises In The Caribbean Janua
by BWW News Desk - Sep 05, 2013

Dancing aficionados and fans of the hit ABC television show "Dancing with the Stars" can join professional dancers Kym Johnson and Tristan MacManus, along with actress and former celebrity participant Sabrina Bryan, on the Jan. 5, 2014, "Dancing with the Stars: At Sea" theme cruise and the Jan. 12 Champions Cruise. Both seven-day Caribbean cruises are onboard ms Nieuw Amsterdam. (more...)

The Holiday Inn Resort Brand Debuts in Grand Cayman
by BWW News Desk - Jun 12, 2013

InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)], one of the world's largest hotel companies, today announces the latest addition to the growing global Holiday Inn Resort brand portfolio with the opening of the Holiday Inn Resort Grand Cayman hotel. The property has 117-rooms and a variety of beachfront amenities. (more...)

Silver Airways Completes Florida/Bahamas Fleet Upgrade, Slates Two-Day Fare Sale
by BWW News Desk - May 07, 2013

Silver Airways, Florida's hometown airline and the largest U.S. carrier to The Bahamas, announced today that it has completed its comprehensive fleet upgrade covering the neighboring markets. As of May 2013, the Fort Lauderdale-based carrier will deploy state-or-the-art, 34-seat Saab 340Bplus aircraft exclusively on all 14 routes within the State of Florida, as well as its nine routes between Florida and The Bahamas. The new Saabs replace smaller 19-seat Beechcraft 1900D aircraft, offering greater comfort, added cargo capacity and class-leading fuel economy. (more...)

Greencard Wedding and PORNING THE PLANET Play Dixon Place, Today
by BWW News Desk - Dec 07, 2012

Dixon Place presents the music of GREENCARD WEDDING, featuring special guest David Anzuelo and la Lucha Arts Group production of PORNING THE PLANET The De-Sensitization of a Nation, A Works in Progress Solo Showing, written/performed by Raquel Almazan and directed by Penny Arcade today, December 8th at 7:30 PM. Dixon Place is located at 161A Chyrstie Street. Lounge bar is open before and after the show. (more...)

Greencard Wedding and PORNING THE PLANET Play Dixon Place, 12/8
by BWW News Desk - Dec 03, 2012

Dixon Place presents the music of GREENCARD WEDDING, featuring special guest David Anzuelo and la Lucha Arts Group production of PORNING THE PLANET The De-Sensitization of a Nation, A Works in Progress Solo Showing, written/performed by Raquel Almazan and directed by Penny Arcade on Saturday, December 8th at 7:30 PM. Dixon Place is located at 161A Chyrstie Street. Lounge bar is open before and after the show. (more...)

U.K. Duo BONDAX Announces North American Tour
by BWW News Desk - Nov 29, 2012

This winter, North American dance enthusiasts with an appreciation for classic house music with a modern twist will be able to experience their fresh sounds in the flesh via their debut tour launching December 5 in Brooklyn, NY. (more...)

American Voices to Host Programs in Malaysia, 6/1-16
by BWW News Desk - May 25, 2012

American Voices will be hosting its first YES Academy program devoted entirely to hip hop. Taking place in Kota Kinabalu (KK) on the island of Borneo, YES Hip Hop KK will offer youth in Borneo classes on hip hop, breakdancing, DJing, beatboxing, graphic design and community leadership. (more...)