SAN FRANCISCO: Capella Space has entered into an agreement with Addvalue for use of its Inter-Satellite Data Relay System (IDRS) via Inmarsat’s global L-Band satellite communications network, release issued to Singapore Exchange (SGX) noted.. Capella is an information services company…
SINGAPORE: The Alpha Data Centre Fund (Alpha DC Fund) has announced that its wholly-owned subsidiary has acquired a 3,840 sqm plot of freehold land in Gore Hill Technology Park to develop a data centre in Sydney, Australia. The Alpha DC…
KARACHI: Trade Development Authority of Pakistan (TDAP) will participate at Intersec 2020 to be held in Middle East during January 19-21, 2020, and would hold a Pakistan Pavilion. TDAP will provide subsidized stalls to increase the exports of personal protection…
LONDON: HSBC Holdings plc announced that John Flint has Monday stepped down as Group Chief Executive and as a Director by mutual agreement with the Board. Although not carrying out his day-to-day duties after today, he remains available to assist…
LONDON: CyanConnode Holdings, a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, has signed a Memorandum of Understanding (MoU) with Hexing Electrical Co. Ltd to collaborate and deliver smart metering solutions in certain territories. Hexing, established in 1992,…
LONDON: ReAssure Group, a leading UK closed book life insurance consolidator, has agreed to acquire the UK Heritage business of Quilter plc for a total consideration of £425 million. ReAssure is a leading closed book life insurance consolidator in the…
PARIS–(BUSINESS WIRE)–Total has signed an agreement to sell a 30% interest in Société des Transports Pétroliers par Pipelines (Trapil) to Pisto SAS for $290 million. “The sale of Total’s interest in this infrastructure reflects its active portfolio management strategy. Rather…
MOSCOW, RUSSIA: Rostelecom, the largest digital service provider in Russia, announced that its subsidiary Bashinformsvyaz (Bashtel) has signed an agreement to acquire a 100% stake in three companies to secure full control over the Alliance Telecom Group. Alliance Telecom has…
MANAMA, BAHRAIN: Ithmaar Holding has announced plans to voluntarily delist from Boursa Kuwait, while maintaining its listing on the Bahrain Bourse and Dubai Financial Market (DFM). Ithmaar is Bahrain-based holding company that is licenced and regulated as a Category-1 Investment…
LONDON: Inspired Energy, a leading energy consultant to UK and Irish corporates, has completed the acquisition of an initial 40 percent of the issued share capital of Ignite Energy. Inspired has paid net £5.0 million, calculated on a cash free…
LONDON: Trackwise Designs Plc, a leading provider of specialist products using printed circuit technology, has signed a Collaboration Agreement with GKN Aerospace, (GKN), the world’s leading multi-technology tier 1 aerospace supplier, for the industrialisation of GKN Aerospace Type 8 Ice…
LONDON: Highlands Natural Resources has entered into a two-year agreement to provide hemp-derived cannabidiol (CBD), grown under quality-controlled conditions to Cellulac plc for conversion to medical grade CBD. The agreement with Cellulac will provide for the conversion of the CBD,…