Latest news with #STIG
Scoop
14-07-2025
- Business
- Scoop
Senior Trust Retirement Village Income Generator Reports $12.7M Annual Profit
Senior Trust Retirement Village Income Generator is a New Zealand company established to lend money in the form of loans to entities that own and operate retirement villages and aged care facilities. The annual audited financial report for the Senior Trust Retirement Village Income Generator (STIG) for the 12 months to 31 March 2025 has just been released. Key highlights include: Profit for the year = $12.7 million Gross distributions to shareholders = $12.57 million Shareholder capital = $198 million Zero debt = Senior Trust repaid all bank debt during the financial year Distribution rate paid = 7% (pre-tax) per annum After distribution payments, retained earnings in excess of $1 million The audited financial report can be viewed at Having made operational changes to the business, STIG recently lodged a new Product Disclosure Statement (PDS). The updated PDS reflects these amendments, which needs to be considered when reviewing Senior Trust's track record and provides comprehensive, up-to-date information for investors. Senior Trust executive director John Jackson said, 'We are committed to continuing to leverage the capabilities of our experienced team to deliver shareholder value to our investors while contributing to the provision of much-needed, quality senior living options across New Zealand.'
Scoop
03-07-2025
- Business
- Scoop
FMA Investigation Into Senior Trust Capital Ltd Ongoing
An investigation opened in November 2024 by the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – into senior living sector financier, Senior Trust Capital Limited (STC), is ongoing. STC is an issuer under a regulated offer of shares. On 14 May 2025, STC voluntarily withdrew its public offer of shares. The scope of the investigation includes considering disclosures made by STC in its previous product disclosure statement (PDS) and associated advertising material and whether those disclosures complied with Parts 2 and 3 of the Financial Markets Conduct Act 2013. Concurrently with the investigation, the FMA has engaged with STC about aspects of its business. As part of discussions between the FMA and STC, the FMA has asked STC to disclose certain information to its investors. STC has now done so as part of an STC investor communication dated 27 June 2025, which can be found here. Any investors who may have queries about the above or their investment in general should seek advice from a legal or financial adviser. Please note: the FMA has previously issued an update on investigations into Senior Trust Retirement Village Income Generator Limited (STIG). STC and STIG are two different but related entities.
India.com
27-06-2025
- Entertainment
- India.com
Buying Guide: Best Guitars for Every Skill Level
Whether you're just getting started or ready to upgrade your sound, finding the right guitar makes all the difference. From acoustic classics to electric styles, this list covers great picks for beginners and experienced players alike. We've looked at comfort, build quality, and value to help you make a smart choice. These guitars, all available on Amazon, offer a solid balance between affordability and performance, making them ideal for anyone serious about learning or playing music regularly. Kadence Basswood Frontier Guitar Image Source: Order Now This wine red acoustic guitar from Kadence blends beautiful tone with classic style, ideal for both new learners and seasoned players. It's lightweight, beginner-friendly, and comes ready to play with all essentials included. Key Features: Rich basswood body produces warm, resonant acoustic sound for all music genres Die-cast tuning keys ensure long-term tuning stability with minimal adjustments Comes with a strap, picks, extra strings, and a protective gig bag Stunning wine red finish adds a stylish visual edge to your setup Slightly heavier body may feel bulky for very young learners during extended sessions STIG 38 Inch Beginner Acoustic Guitar Image Source: Order Now Designed with a compact cutaway body and matte finish, the STIG 38" guitar is an excellent option for young learners or casual hobbyists who want simplicity and ease of use from day one. Key Features: Matte-finished wood offers smooth handling and scratch resistance for lasting looks Cutaway body allows easier access to higher frets for scale practice and solos Includes strap, strings, picks, and padded gig bag for all-in-one setup Compact 38-inch size suits teens, travelers, and smaller frames perfectly Not ideal for louder performances or advanced fingerpicking styles and complex acoustic techniques Yamaha F280 Acoustic Guitar Image Source: Order Now The Yamaha F280, finished in natural wood, offers consistent quality and deep sound with excellent craftsmanship. Whether for home practice or casual gigs, it promises smooth playability and tonal reliability. Key Features: Premium rosewood construction offers enhanced tone, clarity, and long-lasting sustain Excellent intonation and build quality from Yamaha's trusted acoustic range Comfortable neck profile reduces hand fatigue during long playing sessions Natural finish gives a classic acoustic appeal with a touch of elegance Comes without included accessories, which may increase cost for first-time buyers Juârez JRZ38C/BK 38 Inch Guitar Image Source: Order Now Compact, lightweight, and stylishly designed in black, the Juârez JRZ38C is perfect for early learners. With included accessories, it's built to keep practice stress-free and progress fun. Key Features: All-in-one starter kit with bag, picks, strap, and extra strings for convenience Cutaway design helps beginners access higher frets for learning lead parts Bright and crisp tones suitable for pop, light rock, and acoustic sessions Sleek black finish adds a bold, modern look to your guitar collection Less resonance than larger dreadnoughts, making The right guitar should feel good to hold, sound clean, and last through practice sessions. The options listed here offer quality without making you overspend. From entry-level models to well-built intermediate options, each one delivers a good mix of tone, playability, and durability. If you're ready to start your musical journey or simply want to enjoy music more, these guitars are a reliable choice. All models are available on Amazon, making it easy to get started quickly. Disclaimer: At IDPL, we help you stay up-to-date with the latest trends and products. It should not be construed as an endorsement to buy. IDPL may make a very small commission from its sale if one chooses to buy the product from any of the links in this article.
Scoop
27-06-2025
- Business
- Scoop
Statement By The FMA On Senior Trust Retirement Village Income Generator Limited
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko is aware of several news articles over the last few days which refer to its recent engagement with Senior Trust. Margot Gatland, Head of Enforcement at the FMA says, 'In November 2024 the FMA – Te Mana Tātai Hokohoko opened an investigation into Senior Trust Retirement Village Income Generator Limited (STIG), which is ongoing. The scope of the investigation includes considering disclosures made by STIG in its previous product disclosure statement (PDS) and associated advertising material and whether those disclosures complied with Parts 2 and 3 of the Financial Markets Conduct Act 2013.' Concurrently with the investigation, the FMA has consulted STIG about aspects of its business. As part of the FMA's discussions with STIG, STIG has agreed to register an amended PDS. The FMA did not object to the PDS being lodged in its current form. STIG has issued an investor communication with more detail about the changes, which can be found here: 'We want to ensure that existing and prospective investors in STIG are aware that it lodged a new PDS on 16 June 2025 and that it differs substantially from earlier iterations,' says Ms. Gatland. 'Investors should also take particular note of the contents of STIG's June 2025 investor communication accompanying the PDS and accessible on its website alongside the new PDS at 'Any investors who may have queries about the above or their investment in general should seek advice from a legal or financial adviser.'
Associated Press
14-05-2025
- Business
- Associated Press
ColorTokens Slashes Federal Compliance Timelines and Enhances Container Security with RapidFort
SAN FRANCISCO--(BUSINESS WIRE)--May 14, 2025-- RapidFort, the fastest growing cybersecurity company securing the global software supply chain, has partnered with ColorTokens Inc., a pioneer in Zero Trust security and leader in microsegmentation, to strengthen its containerized infrastructure security and optimize its federal compliance efforts. By leveraging RapidFort's platform, ColorTokens notably reduced its attack surface by 77%, minimizing its security risks and improving security operations. 'RapidFort has measurably strengthened the security of both our cloud‑hosted SaaS platform and our on‑premise product,' said Harish Akali, CTO of ColorTokens, 'It's hardened container images, continuous scanning, and clear remediation guidance have cut our vulnerability backlog and supplied the evidence we needed to fast‑track FedRAMP, IRAP, and other certification audits.' Like many organizations who enter the federal marketplace, ColorTokens was challenged by diverse third-party base images and complex DevSecOps workflows. The constant need to maintain stringent federal compliance standards, including FIPS and STIG, required a solution that would reduce vulnerabilities without overburdening engineering resources. RapidFort helped ColorTokens address these challenges by: 'Far too often, organizations must divert critical resources to remediate vulnerabilities and meet compliance requirements, rather than advancing core business priorities,' said Mehran Farimani, CEO of RapidFort. 'By leveraging the RapidFort platform to optimize vulnerability management and minimize their security risks, ColorTokens was able to secure their software faster and with less strain on their teams, reducing the burden of meeting stringent federal compliance requirements.' RapidFort, already available through Platform One, Tradewind Marketplace, AWS Marketplace, Microsoft Azure Marketplace, Google Cloud Marketplace, and Carahsoft, provides a reliable and efficient pathway for organizations looking to enter the federal marketplace and drive growth in the government sector. For more information about the RapidFort platform, please visit: About RapidFort RapidFort offers a cybersecurity platform that streamlines and secures modern infrastructure. Their innovative approach allows organizations to continuously monitor and minimize their software attack surface, ultimately improving their security posture and operational efficiency. RapidFort empowers development and security teams with a free tier and free community images, making it easy to get started with secure software development. Learn more about RapidFort at View source version on CONTACT: Cole Christy LaunchTech Communications 619-972-9836 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: SOFTWARE INTERNET DATA MANAGEMENT TECHNOLOGY LOGISTICS/SUPPLY CHAIN MANAGEMENT TRANSPORT OTHER TECHNOLOGY SECURITY SOURCE: RapidFort Copyright Business Wire 2025. PUB: 05/14/2025 09:30 AM/DISC: 05/14/2025 09:31 AM
