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103 Sentences With "injection of capital"

How to use injection of capital in a sentence? Find typical usage patterns (collocations)/phrases/context for "injection of capital" and check conjugation/comparative form for "injection of capital". Mastering all the usages of "injection of capital" from sentence examples published by news publications.

Meanwhile, the money-losing company needed a fresh injection of capital.
WOW needed an emergency injection of capital to keep it afloat.
The injection of capital will also support Cera's continued investment in "AI".
Once again the injection of capital comes from "high-net-worth" individuals.
Meanwhile, Divido says the injection of capital will be used for global expansion.
WeWork's China business is getting a fresh injection of capital after it raised $183 million.
"Without this injection of capital, I think Finisar would struggle versus foreign competitors," Cramer said.
The company says it will use the injection of capital to accelerate its plans in the U.S. 6.
If you build hardware or IT infrastructure, you may need one big injection of capital to create your product.
The injection of capital will be used to scale the service globally and for product development, says the company.
The company will use its new injection of capital to scale up, in terms of users, pilots and employees.
The injection of capital will enable Tink to accelerate its European expansion plans and further develop its product accordingly.
Tehran worked to boost this burgeoning tourism sector with a large injection of capital and setup a ministry of tourism.
The injection of capital is timed with the launch of "Cubyn Fulfillment," as the company moves beyond pickup and delivery only.
Today's new £113 million injection of capital is clearly designed to provide some of the breathing space required to achieve that.
The new injection of capital for the Paris startup will be used to grow the business in the U.S. and globally.
The new injection of capital will be used to further expand beyond Europe, including the U.S., Australia and South East Asia.
More broadly, the startup is aiming to triple its customer base to 15,000 this year thanks to this new injection of capital.
Jinn says it plans to use the injection of capital to continue to grow and "consolidate its presence in its main markets".
Meanwhile, the London-based company will use the new injection of capital to scale engineering, sales and marketing, and to expand internationally.
State aid such as the injection of capital will be a tough sell with voters ahead of Germany's national elections in 2017.
That injection of capital was seen as a "confirmation" of the firm's success, Stalf said, and set the stage for an eventual float.
The company says it will use the injection of capital to build out its product and hire more people, as well as business development.
It currently operates in 84 cities across 12 countries and the founder and chief executive is looking to expand with the fresh injection of capital.
Funnel says it will use the injection of capital to accelerate its plans in the U.S., where the company is seeing "strong demand" from enterprises.
The Argo piece of this tie-up involves more than just an injection of capital in return for a stake in the startup and board seats.
A dramatic injection of capital into the banking system over the next year is unlikely, as NPLs are still manageable and well-flagged for the long-term.
"The direct injection of capital will reduce the financing needs of Pemex and will provide additional liquidity to support the company's investment program," according to the presentation.
With a string of big-eyed investors and a modest injection of capital, Intratat formed Devakam, his own pharmaceutical company, and began to manufacture the first Namman Muay products.
And today the fintech is disclosing another fresh injection of capital: $75 million in Series E funding, in part to fund new offices across EMEA, APAC and North America.
The injection of capital coincides with several of Codelco's planned projects, including at the sprawling, century-old El Teniente y Chuquicamata mine, facing delays for technical reasons, raising costs.
Transit, which operates in 175 cities globally, will use the injection of capital to scale operations and improve the platform by integrating various services and payment methods on the app.
Noteworthy, Yoti says the injection of capital comes with a new valuation of £82 million, up from £40 million when Yoti raised £8 million about a year and a half ago.
Tonal, like Peloton, offers features previously unavailable outside of gyms, and with this injection of capital, the company expects to build new personal features and invest in marketing and retail experiences.
"Buying an unknown asset in a new country which itself potentially requires a fresh injection of capital... could present an additional barrier for some investors," said RBC Capital in a report.
A 90 percent stake in Roberto Cavalli was bought last April by the Italian private equity outfit Clessidra for an estimated $430 million, giving the brand a considerable injection of capital.
Chinese firms once aimed to invest up to $10.7 billion in the Duqm project, a massive injection of capital into Oman, in what was expected to be a commercial, not military, arrangement.
Entrepreneur First is now looking to raise a new £40m ($56m) "Next Stage" Fund to provide loan notes to EF companies at Demo Day thus giving them an immediate injection of capital.
Most obviously, it's giving the company a huge injection of capital to continue expanding its business aggressively in what is the biggest economy in Southeast Asia, with GDP of around $1 trillion annually.
And so the company decided to put its mobile telco unit up for public trading as a means of getting a fresh injection of capital and continue its transformation into an investment shop.
The company plans to use this injection of capital to expand its charging network in Europe and North America, expand options for fleets and improve the experience for EV drivers, the company said.
Sales plunged, top executives were arrested and the carmaker came close to collapse; it was saved only by an injection of capital from other companies in the loosely allied Mitsubishi group of companies.
Analysts at Abu Dhabi's Alramz Capital said the injection of capital by Tabarak could play a significant role because of the builder's ability to negotiate and to settle outstanding cases with clients and creditors.
Now, the three-year-old company is flush with a fresh injection of capital, high-profile investors and a new name that founder Aaron Krane says better reflects its broader vision and business plan.
As for profitability, Pindrop's boss said he expects the firm to be cash flow positive by the first quarter of 2019 — that expectation doesn't account for the latest injection of capital from investors, he added.
"If any foreign company came back in, there would need to be an immediate and massive injection of capital -- just to bring things back to the levels of 2017 and 2018," said Height Capital's Allen.
Voyage CEO Oliver Cameron has big plans for the fresh injection of capital, including hiring and expanding its fleet of self-driving Chrysler Pacifica minivans, which always have a human safety driver behind the wheel.
With this injection of capital and business acumen, alongside Alphabet, we'll deepen our investment in our people, our technology, and our operations, all in support of the deployment of the Waymo Driver around the world.
With this injection of capital and business acumen, alongside Alphabet, we'll deepen our investment in our people, our technology, and our operations, all in support of the deployment of the Waymo Driver around the world.
Meanwhile, today's new injection of capital comes shortly after Penta was acquired by Finleap, the German company builder that co-founded and also owns a stake in banking platform solarisBank, of which Penta is a customer.
Yes, there's an argument to be made that some of these loans wouldn't be offered absent Microsoft's injection of capital, as it's more profitable to finance high-rent developments if you can only build so many units.
DUBAI, Dec 14 (Reuters) - Invest Bank's board of directors will recommend to its shareholders the injection of capital by the Sharjah government as a majority strategic investor in the bank, the lender said in an emailed statement on Friday.
I understand that the injection of capital will be used to expand to L.A. in the U.S., and possibly another five locations, as Second Home continues to scale up its operations and the number of physical locations it has under management.
There must have been cases where, if a new funding round had been required, it would have been a "down-round", where a new injection of capital values a firm lower than an earlier one, says Mr Lane of Bernstein.
The club, which reported a loss of 13 million euros last year, needs an injection of capital to fund its business and put it on a par with the top European clubs, many now bankrolled by Gulf and Asian owners.
"With this injection of capital and business acumen, alongside Alphabet, we'll deepen our investment in our people, our technology, and our operations, all in support of the deployment of the Waymo Driver around the world," Krafcik said in a statement.
A public listing would be another way for the company to pick up a significant injection of capital at a key time in the on-demand delivery industry, where competition is fierce and we're seeing a lot of consolidation globally.
Today, the MBS is in the Bay Area and Washington, D.C. The company plans to use this new injection of capital to expand its network to the 50 biggest markets in the U.S., in part to take advantage of the new FCC requirement.
The move signals the most critical shift for the Snapchat maker in its history, paving the way for a large injection of capital to help it grow and better compete with Facebook, Google, and others in the realm of social video and mobile messaging.
After a multi-year struggle to maintain relevance in the consumer wearable market, Jawbone is now liquidating — and thanks to an injection of capital from a new, unnamed investor, some of the driving forces behind the original company are forming a new business called Jawbone Health Hub.
"With this injection of capital and business acumen, alongside Alphabet, we'll deepen our investment in our people, our technology and our operations, all in support of the deployment of the Waymo Driver around the world," John Krafcik, Waymo's chief executive, said in a blog post on Monday.
In a call, Spotahome co-founder and CEO Alejandro Artacho told me the injection of capital will be used by the 'proptech' company for further expansion in the countries it already operates in, and for new product development as it looks to digitise more of the real estate experience.
Of course, the lack of funding opportunities has not stopped the region from churning out some major success stories, such as MercadoLibre and Open English, but the once-immature startup environment is finally beginning to blossom with a recent injection of capital, funding options and incredibly savvy entrepreneurs.
Tencent made a major India-based investment last year — backing medical booking startup Practo by leading its $90 million Series C round — while Alibaba increased its holding in mobile payments and e-commerce company Paytm, which was valued at over $1 billion from an earlier injection of capital from Alibaba affiliate Ant Financial.
The modest injection of capital will be used by Normative to "accelerate growth" and expand to key markets in the EU and U.S. Billed as wanting to become the "QuickBook of carbon reporting," Normative is a SaaS that plugs into various data — both a company's internal systems and external databases on the environmental impact of goods and services.
PD: So, our bond yields, at the moment, have levelled off at just under 0.9% now, over the last number of weeks, and I think you make a very, very fair point, that, in the past, we had an injection of capital in to our economy, because we had a domestic economy that was eager to consume capital, and a huge amount of capital abroad.
In September 2018, the new CEO said that the company needed an injection of capital, and proposed a share placing to achieve it.
Intercontinental Bank Plc. was one of the troubled banks. Following the injection of capital by the Federal Government of Nigeria, to maintain solvency, the troubled banks have embarked on re-capitalization through participation by new investors, yet to be made public. In 2011, Access Bank began talks with the Central Bank of Nigeria to acquire Intercontinental Bank.
When Arrows' owner, Tom Walkinshaw, purchased Brian Hart Limited later that year, the injection of capital turned that design into the Arrows V10. The deal was marred by legal action taken over money that was allegedly owed and Brian Hart parted company with Arrows and Formula One before the end of the year. Arrows itself went into bankruptcy in 2002.
Since 1992 Kőszeg is again living under a normal administrative system and a market economy. The financially feeble town is looking at options for renewal through an injection of capital from outside investors and is seeking support from government agencies and the European Union. Kőszeg has managed to retain its natural charm and the beauty of its architecture. Only the bastion gates have been damaged significantly.
The organization, in the interim, had to rent additional office space.Water- Rand Water Board Newsletter, 1975 and Water- Rand Water Board Newsletter, 1976 New Consolidated Gold Fields Ltd submitted an offer of £75,000 for the original RWB Building in 1939, which was accepted by RWB. This injection of capital allowed the RWB to commence their plans for a new four storey office building on Fraser Street.
Transfer of ownership of Jubilee Park to Woodhall Spa Parish Council took Place in April 2011. This transfer was accompanied by significant investment in ‘failing’ parts of the infrastructure – not least the swimming pool basin and the infrastructure of the caravan park. This injection of capital has secured the operational ability of the Park along with ensuring that key areas remain compliant with necessary legislative requirements.
Control of the club passed back to Stephen Vaughan Jr., with Vaughan Sr. continuing to inject loans into the club, as fans stayed away.Chester City: The Death Rattle – Part 13 Twohundredpercent. 23 February 2010. Accessed 25 February 2010 By February 2010 Vaughan had stopped any injection of capital into the club therefore Chester City was unable to fulfill their financial obligations,The demise of Chester City When Saturday Comes 19 February 2010.
By April 1602 the business appears to have been in financial difficulty. Evans accepted a deal that he had backed out of a few months earlier, ceding half ownership of the company to three new partners, William Rastell, Edward Kirkham and Thomas Kendall. In return he received an injection of capital. When the plague struck in the following year, Evans tried to give up the lease, but the Burbages refused to release him from the contract.
Historically TV 2 was funded by television license fees and advertising sales. However, although the regional channels are still partly funded this way, funding by television license for the main channel ended in July 2004. This form of double financing, along with a large injection of capital (to cover a deficit of 1 billion DKK (€134 million)) from the Danish State, is currently under investigation by the EU; accusations being that the dual funding has constituted illegal state aid.
After their marriage, Vicky and Steve have a long honeymoon in the Caribbean and America. When they return, they turn their attention to the business, which needs another injection of capital – again provided by Vicky. Their relationship struggles, thanks to Steve spending Vicky's money and the final straw comes when he is arrested on Christmas Day 1995 for buying stolen whisky. He is guilty but persuades Vicky to bribe Malcolm Fox to say that Steve did not know that the whisky was stolen.
From 1768 to 1780 he partnered with Thomas Bentley, a businessman from a landowning family who was socially sophisticated and had astute taste. Over the course of the next decade, his experimentation (and a considerable injection of capital from his marriage to a richly endowed distant cousin) transformed the sleepy artisan works into the first true pottery factory. Vase on stand with inverted Neck, Josiah Wedgwood and Sons and Thomas Bentley, before 1780, black basalt. Chazen Museum of Art, Madison, Wisconsin.
Founded in 2003, the company that would eventually become Seadragon Software was originally named Sand Codex. Based in Princeton, New Jersey, Sand Codex moved to Seattle in 2004 to accommodate founder Blaise Agüera y Arcas's wife's new role at the University of Washington. In 2005 Sand Codex received $4 million in angel and venture capital funding, including $2 million from the Madrona Venture Group. It was after this injection of capital that the company changed its name to Seadragon Software.
Thousands of people arrived at the Gympie goldfield in the months after the discovery and a fledgling settlement emerged. The early makeshift structures of Gympie gradually gave way to more permanent and substantial public and private buildings. The township provided a ready market for local timbergetters and the growing number of agricultural producers in the surrounding district. By the end of the 1870s, an intensive phase of underground reef mining was underway, facilitated by the injection of capital into mining companies for machinery and employees.
Kleine became the distributor of Cines films in the US, and the Marquis di Serra (one of the directors of Cines) was appointed agent in the UK. Cines also received an injection of capital from a group of US investors, acquiring cinemas and distributors in Germany to increase its share of the marginal cinema revenues that its films generated: in 1912 Cines had a capital of 3.75 million lire ($712,125)., citing Traub, Hans (1943). Die Ufa : ein Beitrag zur Entwicklungsgeschichte des deutschen Filmschaffens (in German). Berlin: Ufa-Büchverlag, p. 9.
When his father suffered a stroke, Tanoto was left to run the family business. He gradually moved beyond basic trading to winning contracts in building gas pipelines for multinationals. During the 1972 oil crisis that increased prices dramatically, Tanoto took advantage of clients rapidly expanding their operations. With this injection of capital, Tanoto turned his attention to another business in 1973, noticing that Indonesia exported raw logs for conversion into plywood in countries like Japan or Taiwan, before importing the finished plywood back to Indonesia at great cost.
The new goldfield established Queensland as a significant gold producer, contributing much needed finances to the young colony. Thousands of people arrived at the Gympie goldfield in the months after the discovery and a fledgling settlement emerged. In a year the alluvial gold had been exhausted and shallow reef mining commenced. During 1881, mines began yielding large amounts of gold, marking a new era of wealth and prosperity for Gympie as an intensive phase of underground reef mining began, facilitated by the injection of capital into mining companies for machinery and employees.
During 1881, mines began yielding large amounts of gold, marking a new era of wealth and prosperity for Gympie as an intensive phase of underground reef mining began, facilitated by the injection of capital into mining companies for machinery and employees. The influx of money and the resultant yield of gold were reflected in the redevelopment of upper Mary Street during the 1880s and 1890s with substantial commercial buildings such as banks and company secretary and brokers' offices. Several fires - in 1877, 1881 and 1891 - razed the earlier timber buildings and accelerated this transformation.
'The cost of initial plant machinery and buildings came to over 150,000 pounds and during the next ten years a further A£100,000 would be spent on the plant's expansion'.NBRS&P;, 2003, 18-19. Under the guidance of Scheidel as Managing Director, and with this large injection of capital spending and foreign expertise, the Portland Cement Works Site became one of Australia's largest and longest-running cement manufacturing plants. The only other early cement manufacturer in NSW was Goodlett & Smith, established and located in Granville Sydney from 1901.
Chaloner p. 100. In 1806 he formed a business partnership with a friend and fellow ex-resident of Coldstream, James Bowman: Galloway wrote to him offering a joint business venture in return for a £200 injection of capital. Bowman moved from London, where he had gone to seek his fortune, and took up residence at Trumpet Street, Manchester. It would appear that the partnership with Bowman coincided with a move to premises at the Caledonia Foundry at 44, Great Bridgewater Street, on the corner of Albion Street in the Gaythorn district.
In 2002, Clinton Cards approached Birthdays with a buyout offer reportedly worth roughly £100 million. The two sides, however, were unable to reach an agreement. In September 2003, investors instead sold the company to Scottish entrepreneur Tom Hunter in partnership with Chris Gorman, owner of the Gadget Shop chain of retail novelty stores, for an estimated £60 million, and began making plans to cross-market Birthdays' and Gadget Shops' product ranges in each other's stores. Hunter and Gorman soon discovered that Birthdays required a larger injection of capital investment than either was willing or able to provide.
So he immediately summoned Don McKinnon, Bill Birch and Ruth Richardson to Wellington. The partly state- owned Bank of New Zealand required an immediate injection of capital to avoid insolvency as a result of the poor performance of a NZ$2.8bn loan portfolio in Australia. The bank held 40 per cent of the commercial paper (loans to businesses) in New Zealand. Secondly; the outgoing finance minister David Caygill's projection of a modest fiscal surplus was inaccurate, and the country instead faced a fiscal deficit of NZ$3.7bn (4.8%) for 1991–92 if current fiscal policies continued.
In the context of crisis management, contingent convertible bonds have been particularly acknowledged for their potential to prevent systematic collapse of important financial institutions. If the conversion occurs promptly, a bankruptcy can be entirely prevented due to quick injection of capital which would be impossible to be obtained otherwise, either because of the market or the so-called recapitalization gridlock.Duffie, 2010 as cited in In addition, due to its debt nature, a contingent convertible bond constitutes a tax shield before conversion. Hence, as compared to common equity, the cost of capital and, consequently, the cost of maintaining a risk absorbing facility are lower.
The resulting melodrama saw the formation of B-Class shareholders who had the effective power of veto over any attempt to merge or relocate the club. Further takeover attempts were made in the first decade of the 21st century by the Southport Sharks. Then chairman Allan Aylett knocked back a proposal from the Sharks that would have seen them gain a majority stake in the club in exchange for an injection of capital. In early 2006, another proposal from Sharks to underwrite the Kangaroos' games on the Gold Coast, in exchange for a slice of the shareholder structure at the club was knocked back after AFL intervention.
The linear stages of growth model is an economic model which is heavily inspired by the Marshall Plan which was used to revitalize Europe's economy after World War II. It assumes that economic growth can only be achieved by industrialization. Growth can be restricted by local institutions and social attitudes, especially if these aspects influence the savings rate and investments. The constraints impeding economic growth are thus considered by this model to be internal to society. According to the linear stages of growth model, a correctly designed massive injection of capital coupled with intervention by the public sector would ultimately lead to industrialization and economic development of a developing nation.
Despite its new Venezuelan ownership, the airline continued to be run by French personnel under the direction of Robert Guérin until 1 January 1935, when its name was changed to Línea Aeropostal Venezolana (LAV) and operations shifted to Venezuelan hands under the management of commander Francisco Leonardi. At the start, the company was capitalized at 1,600,000 bolívares, but it wasn't until 21 May 1937, that the government of Venezuela secured full ownership of the airline. It did so through an injection of capital and by replacing the Latécoère 28's with several Fairchild 71's. The expansion program was further reinforced with the purchase of six Lockheed Model 10 Electras.
In the 6 months running up to March 2009 the Board explored various options to secure an injection of capital (between £60m and £100m) which would allow the Building Society to continue operating as an independent mutual building society. The Financial Services Authority (FSA) stated that such capital would not be possible. On 28 March 2009, reports indicated the building society was no longer viable, toxic assets would be stripped out and the remaining business put up for public sale, to be managed by the Tripartite Authorities (Bank of England, FSA and HM Treasury). BBC Scotland business editor Douglas Fraser broke the story, where a £26m loss was announced in late March 2009.
With the change to deep reef mining from 1875, came the need for extensive capital investment through the formation of companies using foreign as well as local capital. During 1881, mines began yielding large amounts of gold, marking a new era of wealth and prosperity for Gympie as an intensive phase of underground reef mining began, facilitated by the injection of capital into mining companies for machinery and employees. The influx of money and the resultant yield of gold was reflected in the redevelopment of upper Mary Street during the 1880s and 1890s with substantial commercial buildings such as banks, company secretaries' and brokers' offices. One of these was the Bank of New South Bank building, which opened in 1891.
During 1881 mines began yielding large amounts of gold, marking a new era of wealth and prosperity for Gympie as an intensive phase of underground reef mining began, facilitated by the injection of capital into mining companies for machinery and employees. As Gympie evolved from a hastily established mining settlement, the early makeshift structures of the 1860s gradually gave way to more permanent and substantial public and private buildings from the mid 1870s. The success of deep reef mining from 1875 was reflected in the redevelopment of upper Mary Street during the 1880s and 1890s with substantial commercial buildings such as banks and company secretary and brokers' offices. Several fires – in 1877, 1881 and 1891 – razed the earlier timber buildings and accelerated this transformation.
During 1881 mines began yielding large amounts of gold marking a new era of wealth and prosperity for Gympie as an intensive phase of underground reef mining began, facilitated by the injection of capital into mining companies for machinery and employees. As Gympie evolved from a hastily established mining settlement, the early makeshift structures of the 1860s gradually gave way to more permanent and substantial public and private buildings from the mid 1870s. Gympie was gazetted as a town on 26 January 1880 and in 1883 a reserve for a town hall was created. A competition for the design of a Gympie Town Hall was conducted and in 1884 Clark Brothers (comprising John James Clark, architect and his brother George, an engineer) were named as the winners.
During 1881, mines began yielding large amounts of gold, marking a new era of wealth and prosperity for Gympie as an intensive phase of underground reef mining began, facilitated by the injection of capital into mining companies for machinery and employees. Mainly due to Queensland's three major gold mining centres - Gympie, Charters Towers and Mount Morgan - gold production contributed between 21.61 and 35.53 percent of Queensland's export income during the 1880s and 1890s. The value of gold output rose from £698,000 in 1883 to £2.75 million in 1889, exceeding the value of exported wool. These enormous amounts of gold were purchased by banks such as the Royal Bank, which played a vital role in this process of wealth creation and distribution.
With the change to deep reef mining from 1875, came the need for extensive capital investment through the formation of companies using foreign as well as local capital. During 1881, mines began yielding large amounts of gold, marking a new era of wealth and prosperity for Gympie as an intensive phase of underground reef mining began, facilitated by the injection of capital into mining companies for machinery and employees. The first Queensland National Bank building in Gympie, 1873 As Gympie evolved from a hastily established mining settlement, it developed a distinctive character with an irregular street pattern amid a series of valleys and ridges. Consequently, many roads run along ridgelines (such as Channon Street) with linking roads across valleys and hillsides (as does Nash Street).
On 10 October 2018, the company's shares were suspended from trading. An announcement included information that the board had been notified of significant and potentially fraudulent accounting irregularities, that a potential material mis-statement of the company's accounts had significantly impacted the company's cash position, and that Chris Marsh, the chief financial officer, had been suspended from his role. Prior to suspension the business had a market capitalisation of over £500 million. On 11 October, the company announced that there was a material shortfall between the reported financial status and the current financial status of the business and that without an immediate injection of capital the directors were of the view that there would be no scope for the business to continue trading in its current form.
In the 1970s many small dairies in Ireland started to merge so as to be able to compete with the larger milk companies within the European Economic Community (which Ireland joined in 1973). Dairies in County Kerry followed suit and with an injection of capital from milk suppliers in the county, it acquired the state-owned milk processing company and its creameries, together with its 42.5% stake in the private NKMP company. Additionally, six of the eight independent co-ops, which held the other 42.5%, were acquired and accordingly the private company became a subsidiary of the newly formed Kerry Co-operative Creameries Ltd (Kerry Co-op) which began trading in January 1974. Thus Kerry started out as the smallest of Ireland's six major agricultural co-operatives in 1974.
"The growing civic consciousness found voice in the demand for a new name for the town and in March 1879 Brandy Creek was renamed Beaconsfield, after Lord Beaconsfield, (Benjamin Disraeli)", (Town With a History by Coultman Smith, 2006) the then Prime Minister of the United Kingdom at the time "in a ceremony conducted Governor Weld after he rejected a suggestion that it should be named after him". In 1903 an English company bought the Tasmanian Gold Mining and Quartz Crushing company and formed the Tasmanian Gold Mining Company Ltd. As water had become such a huge problem at Beaconsfield, a substantial injection of capital was required to purchase and operate suitable dewatering equipment. The Company extracted gold from two shafts adjacent to each other, Grubb and Hart Shafts.
Trading in the shares of Patisserie Holdings, the parent company of Patisserie Valerie, were suspended on 10 October 2018 following the discovery of potentially fraudulent accounting irregularities, which had led to the possibility that there had been a material mis-statement of the company’s accounts. It was widely reported in the press that there was a multimillion pound black hole in the company's accounts. Luke Johnson, the company chairman, said: "We are all deeply concerned about this news and the potential impact on the business". On 11 October, the company announced that there was a material shortfall between the reported financial status and the current financial status of the business and that without an immediate injection of capital the directors were of the view that there would be no scope for the business to continue trading in its current form.
Earlier, Hood attacked the AIDS Council for stating "children are a blessing [because] you never know when you'll need someone to go out and score [drugs] for you", and that "alcohol is fun, but take drugs instead and you will remember your night out", in what Christopher Pyne concurred as "foolish and irresponsible". Hood also voted not to provide Auditor-General Ken McPherson, who drafted the report into corruption and bullying at the Burnside Council, an extension of term, as he has already served 21 years. Equally, Hood has encouraged the injection of capital into Government units that look after vulnerable people who are abused in state care. Hood is perceived to be antagonistic to the Greens, in such policies as providing the right to remove dangerous, sick and dying trees, which the Greens strongly opposed.
Chen indicated his priorities included resuming production of the Acclaim and the Ovation, while continuing to supply parts for the existing fleet. Chen stated the company would remain in Kerrville, and concentrate on supplying new aircraft for the Chinese market. Paul Bertorelli, AVweb's Editorial Director, Aviation Publications, questioned whether the outdated and expensive-to-produce Mooney models, that use engines burning avgas, can succeed in the Chinese market. With the injection of capital from its new Chinese owners, production resumed on 26 February 2014, beginning with the completion of five previously incomplete airframes already on the assembly line. In April 2014 at Sun n Fun, the company announced a US$50M investment, including the construction of a Mooney museum in Kerrville to be run by a new nonprofit organization. With production underway, 85 employees were at work, with the workforce forecast to expand to 140 by the end of 2014. Chief Executive Officer Chen stated the company would deliver 6 aircraft in 2014 and 30 in 2015. In January 2015 the first aircraft, a Mooney M20TN, was delivered to a customer in China.

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