SYDNEY, AUSTRALIA: The Board of RTG Mining Inc. announce that Secretary Roy Cimatu of the Department of Environment and Natural Resources (DENR) lifted the four-year-old ban on the open-pit method of mining for copper, gold, silver, and complex ores in the Philippines. The DENR order covers all mining tenement holders that will adopt a surface…
Category: Australian Exchange
Finance, Insurance, Banking, Forex, Equity Markets, Australian Exchange (ASX)
Fabrizio Jorge appointed CEO of Beston Global Food
SYDNEY, AUSTRALIA: Beston Global Food Company Limited announced the appointment of Mr Fabrizio Jorge as Chief Executive Officer of the Company. Fabrizio is a highly credentialed senior executive with 25 years of global experience in the foodand beverage industry and particularly in dairy products, across Latin America, Europe, Africa,the Middle East, Asia, Australia and New…
Straker Translations to acquire IDEST for €1.75mn
Auckland, New Zealand: Straker Translations (ASX: STG), a leading global technology-driven translation services platform, has entered into a binding agreement to acquire 100% of the IDEST shares of cash and share consideration. Straker has agreed to an upfront payment on completion of EUR€1.75 million (NZ$2.902 million2), for IDEST, comprising EUR €1.5 million in cash and…
Trajan Group acquires Neoteryx LLC
SYDNEY, AUSTRALIA: Trajan Group Holdings Limited (ASX: TRJ) has completed the acquisition of Neoteryx LLC, a global leader in blood micro sampling devices based in Torrance, California, USA. Trajan has acquired 100% of the shares in Neoteryx along with the remaining global operations through a share swap and cash payment arrangement. The current parent company…
Sims to sell 50.46% stake in Sims Municipal Recycling for $45.4mn
SYDNEY, AUSTRALIA: Sims Limited has agreed to sell 50.46 percent of Sims Municipal Recycling of New York LLC (SMR) for US$45.4 million (circa A$63 million). Sims Limited will hold two of the five SMR board seats. The transaction is forecast to reach financial close in the third quarter of FY22. The buyers are a group…
APM buys Early Start, MyIntegra, Mobility for $101.5mn
SYDNEY, AUSTRALIA: APM Human Services International Limited announce the completion of the acquisitions of Early Start Australia, MyIntegra and Mobility as outlined in the Company’s IPO Prospectus. The acquisitions involve upfront consideration of $101.5 million through a combination of cash payments and the issue of shares. An earn-out payment will be payable contingent upon the…
Cynata and FUJIFILM Cellular execute strategic manufacturing agreement
MELBOURNE, AUSTRALIA: Cynata Therapeutics Limited has executed a Manufacturing Services Agreement (MSA) with FUJIFILM Cellular Dynamics, for the manufacture and supply of Cynata’s Cymerus therapeutic mesenchymal stem cell (MSC) products derived from induced pluripotent stem cells (iPSCs) for clinical trials and commercial applications.This new agreement was foreshadowed in the Strategic Partnership Agreement between FUJIFILM Corporation…
PrivateMarketsCo sells Infrastructure Debt platform for A$428mn
AUCKLAND: AMP Limited’s PrivateMarketsCo entered into a binding agreement to sell its Infrastructure Debt platform to Ares Holdings LP for a total cash consideration of A$428 million. The agreement follows PrivateMarketsCo’s strategic decision to focus on its key strength of managing equity investments in real estate and infrastructure, while also simplifying its structure and realizing…
Kinetiko Energy signs agreement to acquire Afro Energy
PERTH, AUSTRALIA: Kinetiko Energy Limited (ASX: KKO) signed a binding legal agreements for the acquisition of 100% of Afro Energy (Pty) Ltd from Badimo Gas (Pty) Ltd. Upon completion of the acquisition, Kinetiko Energy will become the sole owner of Afro Energy, which holds 100% interest in the exploration rights and sample gas production permit…
Xero Limited to buy Calgary based TaxCycle for CAD 75mn
WELLINGTON: Xero Limited (ASX: XRO) is acquiring TaxCycle (Trilogy Software Inc) to support Xero’s strategy for growth in this strategically important market. Total consideration for the purchase of TaxCycle and subsequent employee incentive payments will be CA$75 million. On completion, which is expected to take place by 31 December 2021, consideration for TaxCycle of CA$70…