Tag: electrical

Singapore, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Magnitude International Ltd (the “Company” or “Magnitude”) (Nasdaq: MAGH), an electrical installation service provider based in Singapore, today announced the pricing of its initial public offering (the “Offering”) of an aggregate of 2,200,000 ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $8.8 million, before deducting underwriting discounts and offering expenses. The Company is offering 1,650,000 ordinary shares and an existing shareholder is offering 550,000 ordinary shares. The Company will not receive any proceeds from the sale of ordinary shares by the selling shareholder.

Conference Call Today at 10:00 a.m. Eastern Daylight Time

According to Precedence Research, the global energy storage systems market size is worth USD 288.97 billion in 2025 and is forecasted to hit approximately USD 569.39 billion by 2034, expanding at a CAGR of 7.87% from 2025 to 2034. Driven by renewable integration, grid reliability, and EV growth, the market is set for robust expansion through 2034.

SANTO DOMINGO, Dominican Republic, Aug. 08, 2025 (GLOBE NEWSWIRE) -- On Tuesday, August 12th, the Dominican Republic is celebrating the National Free Zone's Day with a high-level event organized by the Ministry of Industry, Commerce and MSMEs (MICM), in collaboration with the National Free Zones Council and the Dominican Association of Free Zones (ADOZONA). The event aims to commemorate the achievements of the free zone regime and to highlight the sector’s crucial economic and social contributions to the country.