SYDNY: HCL Australia will acquire 100% of the shares in DWS Limited by way of a Scheme of Arrangement, a news release said. HCL Australia Services Pty. Limited is a wholly owned subsidiary of HCL Technologies Limited, which is a listed company on the National Stock Exchange of India (NSE) with a market capitalization that…
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).
Rhipe Limited acquires New Zealand based Parallo for NZ$4.25 million
SYDNEY: The Board of rhipe Limited has entered into binding legal agreements to acquire 100 percent of the share capital of Parallo Pty, a New Zealand-based IT services provider that specialises in infrastructure and cloud deployment technologies, a news release said. The initial purchase price for Parallo is NZ$4.25m payable in cash upon completion of…
Westpac appoints Chris de Bruin as new Chief Executive Consumer
SYDNEY: Westpac Group has announced the appointment of Chris de Bruin as Chief Executive of its Consumer division. Mr de Bruin has more than 24 years’ experience in the financial services industry globally, including at large banks and challenger brands. He joins Westpac from Deem in Dubai, one of the largest non-bank financial institutions in…
Austal delivers seventh Guardian-class Patrol Boat (GCPB) to the Australian Department of Defence
SYDNEY: Austal Limited’s Austal Australia has delivered the seventh Guardian-class Patrol Boat (GCPB) to the Australian Department of Defence. The vessel, PSS President H.I. Remeliik II, was gifted by the Government of Australia to the Government of Palau during a handover ceremony at Austal Australia’s Henderson shipyard, attended by the Australian Minister for Defence Industry,…
Collins Foods Limited appoints Hans Miete as CEO Europe
PERTH: Collins Foods Limited has appointed Hans Miete as CEO Europe, effective 5 October 2020. Hans will take responsibility for the European operations of Collins Foods, encompassing 24 KFC restaurants in Netherlands and 18 KFC restaurants in Germany. Hans joins Collins Foods from his most recent role as Managing Director, Burger King Netherlands (BK NL),…
LMG appoints new chief operating officer
SYDNEY: Latrobe Magnesium Limited (LMG) has appointed Ronan Gillen as its new Chief Operating Officer for its initial 3,000 tpa magnesium plant at 320 Tramway Road Hazelwood North. Mr Gillen will be responsible for the construction and operations of the plant. Since 2009 Mr Gillen has been employed by Fluor working in positions of senior…
Splitit partners with QuickFee to enter professional services installment payments
SYDNEY: Splitit Payments Limited, a global payment solutions provider, has signed an agreement with leading professional services payment provider, QuickFee Limited to enable the clients of accounting and law firms in the US and Australia to pay their fees on credit card using Splitit’s installment solution. QuickFee processed more than US$300 million worth of payments…
MSL solutions signs multi-year POS agreement for RAC Arena
PERTH: MSL Solutions Limited has signed a multi-year contract with Australia’s largest venue operator, ASM Global, to provide its integrated point of sale (POS) and transaction management platform to RAC Arena. The contract will see MSL implement a platform which integrates market-leading software from Swift POS with MSL’s mobile POS solution. More than 100 fixed…
AdviceCo acquires accounting revenues of Arch Capital for $0.4 million
SYDNEY: CountPlus Limited’s member firm, AdviceCo Pty Ltd has finalised terms to acquire the accounting revenues of Arch Capital Pty Ltd. The transaction broadens AdviceCo’s accounting fee base, adding additional scale for only modest incremental costs. Consideration for the acquisition is cash of $0.4 million, with 65% to be paid on completion and the balance…
MyFiziq signs definitive agreement with Biomorphik to accelerate new platform release
PERTH: MyFiziq Limited has executed definitive agreements with Biomorphik Pty Ltd, an Australian based behavioural change and technology company, a news release said. Biomorphik has developed a medical health and wellness platform, that is the bridge between medical and health/wellness, with the aim of reducing health costs at all levels of society from the individual,…
Prospa announces new Chief Financial Officer
PERTH: Prospa Group Limited announced the appointment of Ross Aucutt as Chief Financial Officer. Ross joins Prospa from FlexiGroup Limited where he was CFO for almost four years. In that role, he built a high performing finance team and was responsible for driving growth whilst significantly increasing the efficiency of the business and balance sheet,…
Spark New Zealand CEO Jolie Hodson explains three-year strategy
AUCKLAND: Spark New Zealand released details of its three-year strategy covering the period FY21 to FY23. The strategy builds on the momentum of the prior three years, which delivered compound annual growth in shareholder returns of 13% – the highest of Spark’s international peer group. Spark Chair Justine Smyth said: “Our next three year strategy…