SINGAPORE: Jadestone Energy announced the acquisition of a 10% interest in the Lemang Production Sharing Contract (PSC). Through this transaction, Jadestone’s interest (pre local government back-in rights) in the Lemang PSC will increase to 100%. The 10% interest is being acquired through the execution of a Settlement and Transfer Agreement between Jadestone and PT Hexindo…
Aker Carbon Capture expanding presence in the Danish market
OSLO, NORWAY: Aker Carbon Capture is expanding its presence in the Danish market as the pure-play carbon capture company is positioning for future growth across several industries in the country. “We are delighted to contribute to the Danish climate targets by offering our mature and proven carbon capture technology, which in cooperation with Danish industry…
Fertiglobe selects Plug Power for Egypt amonia project
ABU DHABI, UAE: Fertiglobe (ADX: FERTIGLB) led consortium selected Plug Power Inc. (NASDAQ: PLUG) as the technology provider for a 100 megawatts electrolyzer to produce green hydrogen as feedstock for up to 90,000 tons of green ammonia production at EBIC in Ain Sokhna, Egypt. Fertiglobe, the strategic partnership between OCI N.V. (Euronext: OCI) and the…
Emirates Stallions acquires 70% stake in WFC Holding
ABU DHABI, UAE: Emirates Stallions Group (ESG), a subsidiary of International Holding Company (IHC), has acquired 70% of WFCHolding. WFC Holding is a UAE based leading technology, data-driven and outsourcing company specialized in Business Process Outsourcing (BPO) and Manpower Outsourcing (MPO). WFC Holding, through its subsidiaries Workforce Connexion, Integrated Business Centre, Corporate Solutions Consultants, and…
Janison buys Australia’s largest schools assessment business
SYDNEY, AUSTRALIA: Janison Education Group (ASX:JAN) has entered into a binding agreement to acquire 100% shares in AcademicAssessment Services Pty Ltd (AAS), provider of premium school assessments. The deal comprises an upfront consideration of $9 million and an earnout of approximately $8 million. The acquisition is expected to complete on or around 25 November 2021….
Platina sells 30% Interest in Munni Munni Project to Alien Metals
SYDNEY, AUSTRALIA: Platina Resources Limited (ASX: PGM) has signed a conditional Binding Heads of Agreement to sell its 30 per centinterest in the Munni Munni Project to London listed, Alien Metals (LON:UFO) for AUD 0.25 million in cash and AUD 1.98 million worth of Alien shares. Alien Metals is an exploration and mining project developer…
Serko Limited launches NZ$85 million capital raise
SYDNEY, AUSTRALIA: Serko Limited (ASX:SKO) is conducting an equity raising of up to NZ$85 million to continue to execute on its global growth strategy. Serko plans to raise the capital via the issuance of ordinary shares in Serko by way of a NZ$75 million fullyunderwritten placement and a NZ$10 million non-underwritten retail offer. Darrin Grafton,…
COO Nigel Clark, CDO James Magill leave Genesis Energy
SYDNEY, AUSTRALIA: Genesis Energy announced the Chief Operations Officer, Nigel Clark, and Chief Digital Officer, James Magill, are leaving Genesis to move back to Australia. Marc England, CEO of Genesis said: “I would like to thank Nigel and James for the significant contribution they have made to our business over the last five years”. Both…
nib takes 50% stake in health start-up, Midnight Health for $4mn
SYDNEY, AUSTRALIA: nib holdings limited (ASX: NHF) has taken a 50% equity stake in Australian digitalhealth start-up, Midnight Health, for a total consideration of $4 million. nib Managing Director, Mark Fitzgibbon said the deal will help bring to life elements of nib’s payer to partner (P2P) strategy as it moves towards being as much about…
Jumia Egypt partners with valU to provide new online payment channels
CAIRO, EGYPT: Jumia, the leading e-commerce platform in Egypt, JumiaPay the fintech electronic payments platform, and valU the leading Buy-Now Pay-Later (BNPL) fintech platform in the Middle East and North Africa, have signed agreements to enable valU to become a payment solution via Jumia and JumiaPay. This partnership allows JumiaPay as a payment gateway to…
Hambro Perks Acquisition Company announces £150mn IPO on LSE
LONDON, UK: Hambro Perks Acquisition Company (HPAC), a special purpose acquisition vehicle sponsored by Hambro Perks Limited announced its intention to float on the London Stock Exchange. HPAC intends to raise up to £150 million through the listing. Hambro Perks was founded in 2013 with the aim of providing capital and hands-on support to innovative…
Oval Money & ETX Capital to combine into one business
LONDON, UK: Oval Money is completing the integration with ETX Capital, a leading global financial services firm, and restated its ambitious plans for the future. The past few months have allowed the two companies to combine into one solid business ready to face future challenges, with a team of more than 180 people across three…