SYDNEY, AUSTRALIA: Wiseway Group Limited announced that its subsidiary Wiseway Logistics Pte (Wiseway Singapore) has completed its strategic acquisition of TAF E-Logistics (Asia) Pte Ltd. Ms Florence Tong, Wiseway Managing Director, commented, “We are very pleased to complete our first cross-border acquisition and welcome TAF to our Group. “This strategic acquisition will deliver valuable supply…
Category: Australian Exchange
Australian Securities Exchange news today and company announcements regarding mergers, acquisitions, appointments, expansion and technology of companies listed on Australian Securities Exchange (ASX).
Liam Thomas appointed CEO of New Energy Solar
SYDNEY, AUSTRALIA: New Energy Solar Limited announced that Liam Thomas will be appointed as the Chief Executive Officer (CEO) of the Company with effect from 1 October 2021. Liam is the current Chief Investment Officer of New Energy Solar Limited. He has been with the business since March 2016 and overseen the acquisition and construction…
Genesis Energy to add solar to energy portfolio
AUCKLAND, NEW ZEALAND: Genesis Energy has signalled its intent to develop solar as part its renewable generation programme. The company is in active discussions with international solar developers to finalise a joint venture arrangement to deliver up to 500MW of solar capacity over the next five years as part of its Future-gen strategy. This would…
Perpetual Limited buys Jacaranda Financial Planning
SYDNEY, AUSTRALIA: Perpetual Limited has announced the acquisition of Jacaranda Financial Planning Pty Ltd, a leading Sydney and Melbourne based boutique wealth advisory firm focused on the high net worth market segment with funds under advice (FUA) of $915 million as at 30 June 2021. Perpetual Chief Executive Officer and Managing Director, Rob Adams said:…
Anthony Wamsteker appointed CEO of Praemium Limited
MELBOURNE, AUSTRALIA: Praemium Limited announced the appointment of Anthony Wamsteker as Chief Executive Officer (CEO), effective from 16 August 2021. Anthony has held the role of Executive Director and Interim CEO since May 2021. Anthony previously joined the Praemium Board in November 2020 following Praemium’s acquisition of Powerwrap where he was Chairman. He brings over…
Indoor Skydive buys virtual reality production studio
SYDNEY, AUSTRALIA: Indoor Skydive Australia Group Limited announced the acquisition of Red Cartel, Virtual Reality Production Studio and content developers. Red Cartel are one of Australia’s leading experts in Virtual Reality, AR, XR, location-based entertainment and premium animated content for Games, Venues and Enterprise. The company has over 20 years of experience servicing a large…
Megaport Limited acquires InnovoEdge for $15mn
BRISBANE, AUSTRALIA: Megaport Limited has signed an agreement to acquire InnovoEdge Inc. an AI-powered multicloud and edge application orchestration company, via its wholly owned US-registered subsidiary. Megaport CEO Vincent English said: “Empowering our customers and partners with greater agility is a priority for Megaport. The acquisition of InnovoEdge aligns well with that priority and will…
CEO Challenger Limited Richard Howes to step down
SYDNEY, AUSTRALIA: Challenger Limited announced that after 18 years with the company, Richard Howes has notified the Board of his intention to step down as Managing Director and CEO in March 2022. Mr Howes joined Challenger in 2003 and has served the business with distinction in a number of roles, including Group CEO, Chief Executive…
Nick de Blocq appointed CEO of Kinetiko Energy
SYDNEY, AUSTRALIA: Nick de Blocq has been appointed as chief executive officer (CEO) of Kinetiko Energy Limited. Nick has more than 33 years’ experience in the global oil & gas exploration and production industry with major companies such as Schlumberger, Frank’s International, SEPCO Industries and Moz Environmental. He has an extensive managerial and operational skill…
Telstra Health to acquire MedicalDirector for A$350mn
LONDON, UK: Telstra announced that Telstra Health has entered into a binding agreement to acquire leading GP clinical and practice management software company MedicalDirector for an enterprise value of A$350 million. Telstra Health Board Chair Brendon Riley said the acquisition of MedicalDirector was a key step in Telstra Health’s vision to create a connected and improved…
Latitude Group to acquire Symple Loans for $200mn
SYDNEY, AUSTRALIA: Latitude Group Holdings Limited has agreed to acquire Symple Loans for $200 million in Latitude shares and cash, subject to regulatory approval, a news release said. Symple is a Melbourne-based personal lending fintech using state-of-the-art global technologies, advanced analytics and proprietary risk-based pricing techniques to deliver simple digital experiences to customers and brokers,…
Family Zone Cyber Safety buys Smoothwall for £75.5mn
SYDNEY, AUSTRALIA: Family Zone Cyber Safety has entered into an unconditional share purchase agreement to acquire the Smoothwall business through the acquisition of 100% shares in TopCo Oasis Limited and its subsidiaries for £75.5 million. The consideration includes £65 million payable at completion of the Acquisition (scheduled for Monday 12 August 2021, UK time following…