Convicted abalone tycoon’s assets forfeited to the state

WESTERN CAPE – Bill Ho (52) also known as Wong pleaded guilty on multiple charges linked to operating a clandestine abalone facility. This happened when he appeared at the Khayelitsha Regional Court on Wednesday, 02 June 2021.

He was subsequently convicted and sentenced to five years imprisonment for two counts of contravening the Marine Living Resources Act 18 of 1998. Additionally a five-year sentence was also handed to him for contravening the Prevention of Organised Crime Act 121 of 1998 (POCA) and both five-year sentences were wholly suspended for five years with stringent conditions.

A further two-year correctional supervision sentence was imposed on him in terms of Sec 276 (1)(h) of the Criminal Procedure Act (CPA) Act 51 of 1977. The court also ordered that he pays R32 980-00 into the Criminal Asset Recovery Account (CARA) and all the abalone and equipment that was seized during a search and seizure be forfeited to the State. Three of his vehicles that had been seized were also signed off and now awaits the pending forfeiture order from the high court.

All this culminated after his arrest on the 13 February 2020 by the multidisciplinary team that included the Western Cape Hawks Serious Organised Crime Investigation, Gauteng K9 Unit and DAFF Officials for Western Cape. He was arrested during a search and seizure operation that exposed a syndicate involved in the poaching, buying and selling of illicit abalone in both Gauteng and Western Cape Provinces.

Meanwhile, his co-accused, Solomon Sauls, the kingpin of the group in the Western Cape, pleaded guilty on 09 February 2021, on charges that include POCA and contravention of the Marine living Resources Act and is already serving a sentence of six (6) years direct imprisonment.

Source: South African Police Service

Missing person report in Upington

NORTHERN CAPE – The police in Upington are in search of a missing person, Willem Van Schalkwyk who was last seen on Monday, 31 May 2021 by a family member at their residence in Upington.

The assistance of the public is requested in locating the missing man. He was last seen wearing maroon pants and a jacket with blue training shoes.

Anyone with information can contact the investigating officer Captain Christa Kruger on 054 337 3400 or 076 022 3528.

Source: South African Police Service

Dunnottar SAPS temporarily closed for decontamination due to Covid-19 related incident

GAUTENG – All communities serviced by Dunnottar police station are advised that the police station has been temporarily closed for decontamination after one of its members tested positive for Covid-19.

The Community Service Centre will be operating from the Boardroom at the back of the client service centre.

The telephone lines at Dunnottar client service centre will not be accessible for the duration of the closure. For crime and other emergencies contact 10111 and the following numbers.

The station Commander can be contacted on 082 822 7883.

Acting Vispol commander: 082 461 3608.

Detective on Standby: 082 411 6889.

Support head: 079 694 7006.

Relief Commanders numbers: 071 675 7035 / 071 675 7040.

Communication Officer: 082 773 5413.

The SAPS management apologise for any inconvenience that may arise from this.

Source: South African Police Service

Mindray Launches Resona I9 Ultrasound System, Revolutionizing General Imaging

SHENZHEN, China, June 2, 2021 /PRNewswire/ — Mindray (SZSE: 300760), a global leading developer and provider of medical devices and solutions, has announced the release of its latest general imaging diagnostic ultrasound system, Resona I9, to its suite of general imaging solutions. With innovations both inside and out, Resona I9 provides accurate and timely answers for clinicians, while delivering outstanding efficiency and a remarkable user experience.

Mindray Launches Resona I9 Ultrasound System, Revolutionizing General Imaging

Resona I9 was developed based on Mindray’s in-depth insights into complex clinical scenarios and is a state-of-the-art ultrasound system equipped with all the latest technologies. Delivering innovation in every facet, Resona I9 features a customizable control panel, foldable structure to a height of one-meter, extended battery life and super silent design — all of which help reduce fatigue to a minimum during scans. Mindray’s revolutionary ZST+ platform powers the system and elevates it to an unparalleled level in its class by delivering exceptional image quality for infinite imaging solutions.

“At Mindray, we are constantly striving to provide better healthcare solutions for clinicians. To do this, we need to deeply understand our customers, be inspired by their daily work, and harness these insights to deliver innovations that make a difference to their workflow. Resona I9 has evolved with the changing demands of diagnostic imaging and includes a suite of innovative features, all powered by our advanced ZST+ platform,” said He Xujin, General Manager of Mindray Imaging System Division.

Resona I9’s iConsole control panel features a breakthrough design and adaptive layout for different clinical scenarios. Its E-ink keys are customizable for functions that are most frequently used during scans, while the full-space floating control panel can be adjusted for better space utilization allowing Resona I9 to easily meet various scanning needs for patients. These revolutionary design elements enable new possibilities for ultrasound exams and improve workflow efficiency from the beginning.

The solution’s high frame-rate (HiFR) STE delivers consistent shear waves and precise tissue stiffness access to bring more sensitive motion detection for greater stability and accuracy during scans. Resona I9 is also equipped with Smart Breast and Smart Thyroid automatic standard lesion analysis, which shortens examination times for more effective scanning.

With its innovative features and unlimited scanning flexibility, Mindray’s Resona I9 provides clinicians with the comprehensive tools required for more precise diagnostic treatment – enabling enhanced diagnostic confidence for better patient care.

Photo – https://mma.prnewswire.com/media/1523864/image_1.jpg

The Impact of Science to Create a Movement; the Case of Fooditive, Pioneer in Plant-Based Upcycled Ingredients

Fooditive Products

Fooditive Product Line

ROTTERDAM, June 02, 2021 (GLOBE NEWSWIRE) — The challenging year 2020 saw the blossoming of plant-based ingredient manufacturer Fooditive BV, a Dutch company set on revolutionising healthy eating. Through upcycling third – grade and side-streams of fruit and vegetables into 100% natural products, it has created one of the keys to a more sustainable future. It all started with a Jordanian man and his hate for waste and want for change.

Having experienced scarce availability of food during his childhood in Jordan, founder and food scientist Moayad Abushokhedim vowed to create healthy and affordable food for all.

Packed with a strong food science and business background, he developed his own unique process of creating affordable plant-based ingredients, simply using the science of fermentation.

In recognition of his drive for success in the food and beverage industry, Abushokhedim was named as one of the Food100 2020, an award that celebrates changemakers who are working towards transitioning to a sustainable food system.

“For a Jordanian guy like me, who cannot believe he is living his dream of changing the world, receiving this award made me realise that if you can dream it, you can achieve it. And it reminded me that I am not alone in this endeavour because there are so many others in the world who believe in making a difference,” said Moayad Abushokhedim.

Moayad Abushokhedim

Food Scientist and Founder of Fooditive Group

Fooditive’s first product, the game-changing zero-calorie sweetener made from apples and pears, was only just the beginning. Since launching the sweetener, the company has expanded its range of creative products, including a thickening agent made from banana skins, a carrot-based preservative, and an emulsifier made from potato extracts.

The innovation behind Fooditive’s products and its dedication to delivering what consumers deserve have led to the company being nominated for the Foodvalley Champions 2020 award in the category Food & Health. The new collaboration with Frutco AG in Switzerland, which will use Fooditive’s unique continuous fermentation process to produce a sweetener from banana side-streams, is the company’s latest step towards making the world greener and more sustainable.

As pioneers of healthy eating, Fooditive’s actions have also a-peel-ed to Gary Clarke, former general manager of Mars International Travel Retail. With more than 20 years of consumer packaged goods experience, Clarke felt that “as a next step, joining Fooditive as a partner seemed like such an obvious thing to do.”

“When I learned about Fooditive’s approach to developing a circular economy and producing foods that are better for you, I really thought they were leading the charge to evolve the food industry. I believe that Fooditive really can drive the industry to a new future for food. One that is not only good for people but also good for the planet, and should we be able to scale this idea then the difference can be enormous”, added Clarke.

Fooditive is currently funding up to €6.5M for the year of 2021 to revolutionize the plant-based food business and create healthy and affordable food for everyone.

Later this year, the company will share its exciting new products, a healthy fat replacer from avocado seeds and a vegan milk formation from peas, so be sure to keep an eye out for Fooditive.

Now that it is backed by even more committed partners and equipped with un-pear-alleled competitively priced ingredients, the Fooditive fever is catching on and inspiring others along the way to think more about what they eat.

About Fooditive BV

In 2018, the plant-based ingredient manufacturer Fooditive BV was established in Rotterdam, the Netherlands. The company is committed to making healthy food available for all with its 100% natural ingredients. Since its launch, Fooditive has received several awards for its innovative ideas, sustainable approaches, and contributions to a circular economy, including being nominated for the Index Award 2021.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/e2b3b996-6320-474d-a1e0-5ee9f1081913

https://www.globenewswire.com/NewsRoom/AttachmentNg/5a7837dc-22d9-48cb-a57b-4c6606055081

Contact:
Niki Karatza
[email protected]
+31 10 3216167

Madison Realty Capital Provides $30 Million Inventory Loan for Two Luxury Condominiums at Metropica in Sunrise, Florida

NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) — Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $30 million first mortgage loan to Metropica Development for a luxury condominium tower and a ten-acre development site, which includes plans to develop a second 250-unit multifamily tower. The portfolio is part of Metropica, a four million-square-foot master planned community comprised of luxury residences, modern office towers and high-end retail offerings located in Sunrise, Florida.

Metropica Development, led by Joseph Kavana, began construction of the first 263-unit luxury condominium tower in 2017 and has sold 174 units to date. Madison’s loan will be used to support 89 units, representing 101,989 square feet on the upper floors of the first condominium tower as well as the adjacent 250-unit second condominium tower. In addition to the first tower, the Metropica master planned development will include 500 multifamily units, 550,000 square feet of commercial space for luxury retail, dining and entertainment destinations as well as 246 hotel keys.

“We are pleased to deliver a customized and flexible financing solution for the remaining condo inventory in the Metropica Development,” said Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital. “Madison’s ability to finance residential projects through every stage of development was highly attractive to Metropica, an experienced local development firm, and we look forward to working with Joseph and his team to support this unique and ambitious project.”

Located at 2000 Metropica Way, adjacent to the Sawgrass Mills shopping mall and BB&T Center, the 28-story Metropica Tower offers luxury residences with an average of 1,034 square feet, top-of-the-line finishes and high-concept designs from Oppenheim Architecture and YOO Studio. The tower’s resort-style amenities consist of a saltwater swimming pool, lounges, movie theater, fitness center, massage and yoga centers, and a children’s playroom.

Melissa Rose of JLL Capital Markets arranged the financing from Madison Realty Capital.

 

About Madison Realty Capital

Madison Realty Capital is a New York City based real estate private equity firm focused on debt and equity investment strategies with regional offices in key markets including Los Angeles and Dallas. Founded in 2004, MRC has closed on approximately $14 billion of transactions in the multifamily, retail, office, industrial and hotel sectors nationwide. The firm manages investments in the United States on behalf of a global investor base. MRC is a fully integrated firm with over 60 employees across all real estate investment, development, and property management disciplines. Among other industry recognitions, MRC has been named to the Commercial Observer’s prestigious “Power 100” list of New York City real estate players and is consistently cited as one of the industry’s top construction lenders. To learn more, follow us on LinkedIn and visit www.madisonrealtycapital.com.

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Nathaniel Garnick/Grace Cartwright
Gasthalter & Co.
(212) 257-4170
[email protected]