SYDNEY, AUSTRALIA: Worley Limited announced that it has acquired Ferrovial’s 50% shareholding of TW Power Services Pty Ltd (TWPS) for a cash consideration of $20 million, increasing its stake to 100%. TWPS is an operations and maintenance (O&M) business providing services to support critical power infrastructure across Australia, New Zealand and South East Asia. TWPS…
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).
Aqura signs new multi-year service contracts with BHP and ATCO
SYDNEY: Veris Limited announced that its wholly owned subsidiary, Aqura Technologies, has recently signed new multi-year service contracts with major blue-chip customers ATCO and BHP. These contracts continue to demonstrate the execution of Aqura’s strategy to evolve its earnings base with the addition of recurring revenue models which complement the business’ traditional project execution focus….
Cirralto Limited launches SpendaCollect, a dynamic payment platform
MELBOURNE: Cirralto Limited has announced the launch of SpendaCollect, the core of the Company’s Spenda digital payment stack. SpendaCollect is a dynamic payment platform that enables customers to view and pay one or many outstanding invoices in a single payment transaction. SpendaCollect has applications across multiple industry verticals as it solves one of the core…
Damstra Holdings offer to acquire Vault Intelligence
PERTH: Damstra Holdings Limited, an Australian-based global provider of integrated workplace management solutions, announces that it has entered into an implementation agreement to acquire Vault Intelligence Limited. The acquisition will create a larger, more diversified, workplace management company with an expanded and highly complementary product range. Among the benefits of the combination, the merged group…
HGM to acquire Jade Gas, holding entity of Mongolian coal seam gas projects
PERTH: High Grade Metals Ltd (HGM) announced it has signed a binding term sheet to acquire 100% of the issued capital of Jade Gas Pty Ltd. Subject to the satisfaction of the relevant conditions, and on the assumption that High Grade Metals Ltd (HGM) conducts and completes a consolidation on 5:1 basis (i.e. that every…
PointsBet appointed official gaming partner for Detroit Tigers
MELBOURNE: PointsBet Holdings’ subsidiary PointsBet USA Inc., has entered into a new multi-year deal to become a gaming partner of the Detroit Tigers Major League Baseball (MLB) team. Following Michigan’s legalization of sports betting in 2019, the partnership stands as the first sports betting partnership for a professional sports team within Michigan and is also…
Worley gets services contract by BASF for battery material plant in Finland
SYDNEY, AUSTRALIA: BASF SE (BASF) has awarded Worley Limited a services contract for its European battery material investment project in Finland. The project is to build a plant that will produce precursor battery material for the European market. The plant will be powered by electricity generated from renewable energy sources such as hydro, wind and…
Electro Optic Systems to provide 251 Remote Weapon Stations for the Australian Defence Force
CANBERRA: Electro Optic Systems Holdings Limited (EOS) has entered into contract negotiations with the Commonwealth of Australia for supply of 251 Remote Weapon Stations and related materiel. The acquisition activity is part of the $270 billion capability upgrade for the Australian Defence Force, under the new 2020 Force Structure Plan. The execution of a formal …
MedAdvisor strikes strategic alliance with NASDAQ-listed HMS to accelerate US growth
MELBOURNE: Med-tech company MedAdvisor announced a Strategic Alliance Agreement with US-based HMS , a leading provider of payment accuracy and population health management solutions. HMS, a MedAdvisor shareholder, works with 350 US health insurance companies and more than 40 government bodies which pay medical bills on behalf of patients in the US to better engage…
ResAppDx-EU to be launched on Phenix Health’s Telehealth App on July 6th
BRISBANE: ResAppHealth Limited and Australia’s leading virtual super clinic Phenix Health Pty Ltd announced that ResAppDx-EU, the world’s first clinically validated and regulatory-approved respiratory disease diagnostic test, is scheduled to be available on the Phenix Telehealth app on Monday the 6th of July. Phenix and ResApp signed a software licensing agreement in June to provide…
Credit Intelligence Limited completes acquisition of ChapterTwo Holdings
SYDNEY: Credit Intelligence Limited announced that it has now successfully completed the acquisition of a 60% interest in ChapterTwo Holdings Pty Ltd, with a completion date of 1 July 2020. The transaction marks Credit Intelligence’s first step in building a comprehensive debt management and solutions business in Australia. Headquartered in Sydney, ChapterTwo provides informal debt…
Spirit announces completion of acquisition of VPD Group
PERTH: Spirit Telecom announced that it has completed the acquisition of VPD Group. The acquisition of VPD Group is Spirit’s most transformational transaction to date. This highly strategic move will see Spirit create a new wholesale business: Spirit Partners to focus on distributing its range of products via channel partners across Australia. The acquisition assists…