STOCK TITAN

SUIC Beneway Welcomes Industry Leader Paul Fetscher as Director - President of Great American Brokerage, Esteemed Speaker, Columnist, and Chair of National Conferences, More Top Talent Joins to Accelerate Beneway's IPO Process

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
IPO

SUIC Worldwide Holdings (OTC:SUIC) has announced that Paul Fetscher is joining SUIC Beneway as Director. Fetscher, currently President of Great American Brokerage Inc., brings extensive experience in retail concept, design, and development for various commercial spaces. His expertise spans across diverse geographical locations, including international projects.

SUIC Beneway is preparing to file its registration statement on Form S-1 with the SEC for an Initial Public Offering (IPO) of its Class A common stock this October. The company views this IPO as a strategic move to pursue profitable growth and expand its network of US suppliers, distribution channels, and food processing facilities. SUIC, as the largest investor and shareholder of Beneway, is actively recruiting industry talents to accelerate business expansion and the IPO process.

SUIC Worldwide Holdings (OTC:SUIC) ha annunciato che Paul Fetscher si unisce a SUIC Beneway come Direttore. Fetscher, attualmente Presidente di Great American Brokerage Inc., porta con sé una vasta esperienza nella concezione, design e sviluppo di spazi commerciali. La sua competenza si estende attraverso diverse località geografiche, inclusi progetti internazionali.

SUIC Beneway si sta preparando a presentare la sua dichiarazione di registrazione sul Modulo S-1 presso la SEC per un'Offerta Pubblica Iniziale (IPO) delle sue azioni comuni di Classe A questo ottobre. L'azienda considera questa IPO come una mossa strategica per perseguire una crescita redditizia e espandere la propria rete di fornitori negli Stati Uniti, canali di distribuzione e impianti di lavorazione alimentare. SUIC, in quanto maggiore investitore e azionista di Beneway, sta attivamente reclutando talenti del settore per accelerare l'espansione commerciale e il processo di IPO.

SUIC Worldwide Holdings (OTC:SUIC) ha anunciado que Paul Fetscher se unirá a SUIC Beneway como Director. Fetscher, actualmente Presidente de Great American Brokerage Inc., aporta una amplia experiencia en concepto, diseño y desarrollo de espacios comerciales. Su experiencia abarca diversas ubicaciones geográficas, incluidos proyectos internacionales.

SUIC Beneway se está preparando para presentar su declaración de registro en el Formulario S-1 ante la SEC para una Oferta Pública Inicial (IPO) de sus acciones ordinarias Clase A este octubre. La empresa ve esta IPO como un movimiento estratégico para buscar un crecimiento rentable y ampliar su red de proveedores, canales de distribución e instalaciones de procesamiento de alimentos en EE. UU. SUIC, como el mayor inversor y accionista de Beneway, está reclutando activamente talentos de la industria para acelerar la expansión del negocio y el proceso de IPO.

SUIC Worldwide Holdings (OTC:SUIC)는 Paul Fetscher가 SUIC Beneway의 이사로 합류한다고 발표했습니다. 현재 Great American Brokerage Inc.의 사장인 Fetscher는 다양한 상업 공간의 소매 개념, 디자인 및 개발에 대한 광범위한 경험을 가지고 있습니다. 그의 전문성은 국제 프로젝트를 포함한 다양한 지리적 위치에 걸쳐 있습니다.

SUIC Beneway는 10월에 SEC에 클래스 A 보통주에 대한 초기 공개 제안(IPO)을 위해 S-1 양식으로 등록신청서를 제출할 준비를 하고 있습니다. 회사는 이번 IPO를 수익성 있는 성장을 추구하고 미국 공급업체, 유통 경로 및 식품 가공 시설의 네트워크를 확장하기 위한 전략적 조치로 보고 있습니다. SUIC는 Beneway의 최대 투자자이자 주주로서 비즈니스를 확장하고 IPO 프로세스를 가속화하기 위해 산업 인재를 적극적으로 모집하고 있습니다.

SUIC Worldwide Holdings (OTC:SUIC) a annoncé que Paul Fetscher rejoint SUIC Beneway en tant que Directeur. Fetscher, actuellement Président de Great American Brokerage Inc., apporte une vaste expérience dans le concept, le design et le développement d'espaces commerciaux. Son expertise s'étend à diverses zones géographiques, y compris des projets internationaux.

SUIC Beneway se prépare à dépôt de sa déclaration d'enregistrement sur le formulaire S-1 auprès de la SEC pour une Offre Publique Initiale (IPO) de ses actions ordinaires de Classe A ce mois d'octobre. La société considère cette IPO comme un mouvement stratégique pour poursuivre une croissance rentable et étendre son réseau de fournisseurs américains, de canaux de distribution et d'installations de transformation des aliments. SUIC, en tant que principal investisseur et actionnaire de Beneway, recrute activement des talents de l'industrie pour accélérer l'expansion des affaires et le processus d'IPO.

SUIC Worldwide Holdings (OTC:SUIC) hat angekündigt, dass Paul Fetscher als Direktor zu SUIC Beneway kommt. Fetscher, der derzeit Präsident von Great American Brokerage Inc. ist, bringt umfangreiche Erfahrung in der Konzeption, Gestaltung und Entwicklung von Einzelhandelsflächen mit. Seine Expertise erstreckt sich über verschiedene geografische Standorte, einschließlich internationaler Projekte.

SUIC Beneway bereitet sich darauf vor, im Oktober eine Registrierungserklärung auf dem Formular S-1 bei der SEC für ein öffentliches Angebot (IPO) seiner Stammaktien der Klasse A einzureichen. Das Unternehmen sieht diese IPO als strategischen Schritt, um profitables Wachstum anzustreben und sein Netzwerk von US-Lieferanten, Vertriebswegen und Lebensmittelverarbeitungsanlagen zu erweitern. SUIC, als größter Investor und Aktionär von Beneway, rekrutiert aktiv Branchentalente, um die Geschäftsexpansion und den IPO-Prozess zu beschleunigen.

Positive
  • SUIC Beneway is preparing for an IPO, potentially increasing company value and liquidity
  • Addition of industry leader Paul Fetscher as Director, bringing extensive experience and expertise
  • Strategic move to expand US suppliers, distribution channels, and food processing facilities
  • Strong investor appetite for restaurant stocks, expecting high valuation
Negative
  • None.

Paul Fetscher joins SUIC Beneway as Director, will soon begin the process for filing of its registration statement on Form S-1 with the SEC for an IPO.

NEW YORK CITY, NY / ACCESSWIRE / October 8, 2024 / SUIC Worldwide Holdings Ltd. (OTC:SUIC) today announced that SUIC Beneway names industry leader Paul Fetscher as Director. Paul G.W. Fetscher, CCIM, CRX, CLS, is currently the President of Great American Brokerage Inc. based in New York. Past President of New York State Commercial Association of Realtors, Past President of Greater NY Metro CCIM Chapter. He was first working on food courts in 1973, and was chair of two airport retail conventions. He is an expert in consulting in retail concept, design and development for restaurants, lifestyle centers, downtown redevelopment, urban renewal, regional malls, specialty and entertainment centers, factory outlet centers and airports. For more information about the Great American Brokerage, Inc., visit its website https://www.restaurantexpert.com/great-american-brokerage-restaurant-real-estate-locations-about

Paul Fetscher is also a director of Long Island Commercial Network and a guest columnist in the Nation's Restaurant News, Dealmakers, Retail Vacancy Reporter, Entertainment & Specialty Projects Magazine, among others. He has been a featured speaker at MUFSO (the Multiple Unit Food Service Organization) and was a keynote speaker at the opening of the National Track and Field Hall of Fame. He was selected as a restaurant consultant in diverse geographical locations including Hawaii, Alaska, London, Paris, Hong Kong, Shanghai, Thailand, and United Arab Emirates for the Dubai Festival City, a multi-use project that will include the world's most extensive collection of restaurants.

SUIC Worldwide Holdings and Beneway USA will begin the process for filing of its registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its Class A common stock this October.

SUIC and Beneway believe this IPO will provide special flexibility to pursue profitable growth and fulfill our mission to bring together more US suppliers, distribution channels, and modern kitchen and food processing facilities. This IPO is not just a mere financial event; it's a pivotal moment that underscores the robust potential and strategic direction of Beneway USA, promising a bright and prosperous future for all stakeholders involved, occurring at a fortuitous time as the market shows strong investor appetite for restaurant stocks and expects high valuation.

"SUIC is the biggest investor and shareholder and a major US operating partner of Beneway. Our group is inviting more talents and experts to join us to accelerate business expansion and IPO. This transaction will facilitate more resources for us to boost our investment and operational capacity and reinforce our shareholder structure. Looking ahead, we remain committed to driving innovation with a clear growth forecast, leveraging our strategic investments and partnerships to create more lucrative value for our shareholders and customers. We are grateful for the continued support of our shareholders, customers, vendors, and partners and look forward to a successful year ahead." said Hank Wang, CEO.

About SUIC Worldwide Holdings Ltd., USA.

SUIC Worldwide Holdings Ltd. provides research and development, venture financing for and investing in private enterprises and the public sector that develop products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services. Shareholders of SUIC will be exposed to the diverse application of advanced services in various parts of the economy. Additionally, existing and potential customers can benefit from this company's diversified portfolio of technologies. As one of the pioneering publicly traded technology companies, SUIC will help build tech-enabled businesses of the future. To learn more, please visit www.sinounitedco.com

Forward-Looking Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. This press release is considered considering all Company filings contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Contact

SUIC Worldwide Holdings Ltd.
New Release Department
929-391-2550

SOURCE: SUIC Worldwide Holdings Ltd.



View the original press release on accesswire.com

FAQ

When is SUIC Beneway planning to file for its IPO?

SUIC Beneway plans to begin the process for filing its registration statement on Form S-1 with the SEC for an IPO in October 2024.

Who is the new Director joining SUIC Beneway?

Paul Fetscher, President of Great American Brokerage Inc., is joining SUIC Beneway as Director. He brings extensive experience in retail concept, design, and development for various commercial spaces.

What is the purpose of SUIC Beneway's planned IPO?

The IPO aims to provide flexibility for profitable growth, expand the company's network of US suppliers and distribution channels, and enhance modern kitchen and food processing facilities.

What is SUIC's role in Beneway?

SUIC is the largest investor and shareholder of Beneway, as well as a major US operating partner. They are actively recruiting industry talents to accelerate business expansion and the IPO process.

SUIC WORLDWIDE HOLDINGS

OTC:SUIC

SUIC Rankings

SUIC Latest News

SUIC Stock Data

3.61M
2.92M
74.25%
Information Technology Services
Technology
Link
United States of America
Flushing