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Tencent Music Entertainment Group (TME) Stock News
The latest TME headlines and market coverage — 3 recent stories, updated throughout the day.
- GlobeNewswire Inc.·Neutral
ARCPOINT ANNOUNCES APPOINTMENT OF PETER KENDALL AS INTERIM CHIEF EXECUTIVE OFFICER
ARCpoint Inc. (TSXV: ARC) has appointed Peter Kendall as Interim Chief Executive Officer for an initial 90-day term to assess the company's business model, MAPL technology platform, and strategic direction. John Constantine has stepped down as CEO to focus on sales, marketing, and commercial development. Kendall will receive 4 million RSUs vesting after 12 months, with potential additional compensation if no continuing engagement is agreed upon.
- Benzinga·
STARLIGHT U.S. RESIDENTIAL (MULTI-FAMILY) INVESTMENT LP ANNOUNCES Q1-2026 OPERATING RESULTS
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO , May 25, 2026 /CNW/ - Starlight U.S. Residential (Multi-Family) Investment LP (TSXV: SURF ) (the "SURF LP") announced today its results of operations and financial condition for the three months ended March 31, 2026 ("Q1-2026"). Certain comparative figures are included for SURF LP's financial and operational performance as at December 31, 2025 and for the three months ended March 31, 2025 ("Q1-2025"). All amounts in this press release are in thousands of United States ("U.S.") dollars except for average monthly rent ("AMR") 1 , or unless otherwise stated. All references to C$ are to Canadian dollars. Q1-2026 HIGHLIGHTS Revenue from property operations for Q1-2026 was $4,896 (Q1-2025 - $9,798) representing a decrease of 50.0% in revenue due to SURF LP completing the dispositions of Lyric Apartments ("Lyric"), Eight at East and Emerson at Buda ("Emerson") in Q2-2025, Q3-2025 and Q4-2025, respectively ("Primary Variance Driver") as well as a decrease in same property revenue of 2.9% primarily as a result of decreases in AMR due to SURF LP facing heavy competition from new supply and aggressive pricing to lease new properties in Phoenix. Net operating income ("NOI") 1 for Q1-2026 was $3,090 (Q1-2025 - $6,052), representing a decrease of 48.9% in NOI primarily due to the Primary Variance Driver and reduction in same property NOI 1 of 1.4% relative to Q1-2025 as a result of the competition from new supply described above. Q1-2026 normalized same property NOI to exclude the impact of the Phoenix property competing with heavy new supply would have been an increase of approximately 1.5% relative to Q1-2025. SURF LP reported a net loss and comprehensive loss attributable to partners of SURF LP (the "Partners") for Q1-2026 of $17,100 (Q1-2025 - $24,020), primarily due to higher f
- Benzinga·
MARWEST APARTMENT REAL ESTATE INVESTMENT TRUST ANNOUNCES Q1 2026 RESULTS
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB , May 21, 2026 /CNW/ - Marwest Apartment Real Estate Investment Trust (the "REIT" ) (TSXV: MAR ) reported financial results for the three months ended March 31, 2026. This press release should be read in conjunction with the REIT's Unaudited Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis ( " Q1 2026 MD&A " ) for the three months ended March 31, 2026, which are available on the REIT's website at www.marwestreit.com and at www.sedarplus.ca . "Q1 has shown stable occupancy with rental increases of 1.9% over the same period last year. We anticipate continued modest increases throughout the remainder of 2026, due to reduced immigration and non-renewal of existing non-resident visa's" commented Mr. William Martens, Chief Executive Officer of the REIT. Q1 2026 Quarterly Highlights Same Property Revenue increased by 2.22% in the three months ended March 31, 2026 compared to same period 2025 $79,261 of positive cash was generated during the three months ended March 31, 2026 Reported Net Asset Value per Unit (" NAV ") of $2.47 at March 31, 2026 compared to $2.46 at December 31, 2025 Average occupancy rate of 98.37% reported for the three months ended March 31, 2026 in line with 98.14% in the same period 2025 Operations Summary Three months ended March 31 Portfolio Operation Information 2026 2025 Number of properties 4 4 Number of suites 516 516 Average occupancy ate 98.37 % 98.14 % Average rental rate to date $1,760 $1,727 Three months ended March 31 Reconciliation of Same Property NOI 1 to IFRS 2026 2025 Revenue from investment properties $ 2,694,078 $ 2,635,142 Expenses: Property operating expenses 693,151 694,292 Realty taxes 357,204 317,432 Total property operating expenses 1,050,355 1,011,724 Same Property NOI 1