USS America Stops at Cuba for Supplies

first_img View post tag: USS America View post tag: Navy View post tag: Cuba View post tag: Stops Future amphibious assault ship USS America (LHA 6) conducted a port visit to Naval Station Guantanamo Bay, Cuba while transiting to its home port of San Diego, California July 21. Back to overview,Home naval-today USS America Stops at Cuba for Supplies During the port visit, NAVSUP Fleet Logistics Center (FLC) Jacksonville Detachment Guantanamo Bay provided 900,000 gallons of JP5 and diesel fuel as well as 45 pallets of provisions, supplies, and mail. Additionally 30 pallets of Operation Hand Clasp materials, a program that transports educational, humanitarian, and good will materials on U.S. Navy ships were loaded.America is currently transiting the U.S. Southern Command’s area of responsibility (AOR) as part of “America Visits the Americas” expedition and will engage in cooperative maritime security operations with partner nations in order to enhance interoperability, maintain access to the region, and build enduring partnerships that foster regional security.The ship is slated to visit several Latin American nations allowing the ship’s crew to serve as goodwill ambassadors and experience local culture.[mappress]Press Release, August 11, 2014; Image: US Navy Authorities August 11, 2014 View post tag: supplies View post tag: americas View post tag: News by topic USS America Stops at Cuba for Supplies View post tag: Naval Share this articlelast_img read more

DoubleDragon finalizes P51-B asset for REIT IPO listing

first_img3. good tenant mix All of the proceeds from the listing will be reinvested in the Philippines. The intended DD Meridian Park (DDMP) REIT will consist of seven buildings with a total area of 248,349 square meters. 4. capable property management DOUBLEDRAGON Properties Corp. identified its first tranche of REIT assets comprising the leasable properties of DD Meridian Park. 2. reasonable yield above a bond coupon “We believe all of these elements are present in DoubleDragon’s leasable portfolio,” said Sia. The REIT proceeds will be enough to construct about 450,000 square meters of building floor area which will further significantly increase the leasable portfolio and recurring rental revenues of the company in the near term. 5. good pipeline of assets for future infusion In addition to the seven buildings that will form the first tranche of DDMP REIT, another two more buildings are planned to be infused in the DDMP REIT after about two to three years as these two other buildings are still currently under construction, also located in the DD Meridian Park complex. DD Meridian Park complex sits on a five-hectare prime commercial property at the corner of Macapagal Avenue and EDSA Extension at the Bay Area, Pasay City, Metro Manila. The project is LEED Gold certified. DoubleDragon Properties Corp. identified its first tranche of REIT assets comprising the leasable properties of DD Meridian Park. The intended DD Meridian Park (DDMP) REIT will consist of seven buildings with a total area of 248,349 square meters. The REIT listing will enable the total equity of DoubleDragon to surpass the P50 billion mark. 1. asset basket in a prime location that is seen to remain relevant in the next 30-50 years at least According to DoubleDragon chairman Edgar “Injap” Sia II, other than the safeguards already indicated in the REIT listing rules, REIT investors generally want five elements present: DoubleDragon currently has 803,000 square meters in its portfolio and plans to list via REIT about 200,000 to 250,000 square meters annually from 2020 to 2025, which will enable the company to unlock the values of its prime leasable assets and significantly strengthen its equity base year on year moving forward. DD Meridian Park complex sits on a five-hectare prime commercial property at the corner of Macapagal Avenue and EDSA Extension at the Bay Area, Pasay City, Metro Manila. The project is LEED Gold certified, walking distance to the LRT/MRT station and houses prominent tenants including the head office of the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) as well as the head office of the Philippine Economic Zone Authority (PEZA).  The company is preparing to file its REIT listing application with the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) on August 2020 and aims to list DDMP REIT by this year, on October 2020. The estimated value of the basket of REIT assets stands at P50,889,814,608 and DoubleDragon expects to generate P16,966,604,869 of proceeds from the planned REIT listing representing an offer of 33.33 percent of the selected REIT assets, which is the minimum public float based on the revised REIT listing rules.  As of March 31, 2020, DoubleDragon’s Consolidated Total Assets stood at P115.32 Billion while Total Equity is at P44.50 billion. Cash position stands at P5.30 billion. “The REIT valuation of US$1 billion, we believe, is an attractive size that would appeal to a strong pool of both foreign and local REIT investors,” said DoubleDragon Chief Investment Officer Hannah Yulo-Luccini. “REITs are a good way to recycle capital for expansion of the Company’s portfolio and raise equity to further boost its balance sheet. Since the offer will only cover 33.33% of the REIT basket, DoubleDragon will retain majority of the REIT assets so it will remain consolidated in the Company’s balance sheet,” added Yulo-Luccini./PNlast_img read more

Basketball: Great Britain vs. Dragons on TV

first_imgOur senior basketball team will play the first match of the qualifications on Wednesday 13th August against Great Britain. The match will be held at 20:00 o’clock and will be broadcasted by BHT Television.After the BHT’s broadcasting of the match against Italy, held at the International basketball tournament in Sarajevo and a friendly match against Sweden from the Arena in Zenica, this TV will now broadcast the London match as well.We hope our Dragons will play an excellent match and start the qualifications for the European Championship next year successfully.We fly to London tomorrow and all our players are ready for this, probably the most important, match of the qualifications. – was stated at the Basket.ba.(Source: Sport Centar)last_img read more