LONDON, UK: DeepVerge plc and Ion Exchange (India) Limited announced the establishment of a technology partnership “Centre of Excellence for India and the Middle East” using Modern Water’s All Membrane Brine Concentration (AMBC) technology, and Ion Exchange’s proven capabilities in design, engineering, construction, operation and maintenance of membrane systems that will culminate into three projects…
InfraStrata signs MoU with Navantia and Windar Renovables
LONDON, UK: InfraStrata plc has signed a Memorandum of Understanding (MoU) with Navantia, S.A and Windar Renovables to target specific fixed and floating wind projects primarily within the UK. The MoU signals a firm commitment from all three parties to actively secure wind farm development projects and execute them together. This collaboration will enable the…
Sabien becomes exclusive sales agent for City Oil Field
LONDON, UK: The Board of Sabien Technology Group, company focused on building a portfolio of solutions in the heating, cooling, and transportation sectors, announces today an agreement with City Oil Field Incorporated of South Korea (COF). The agreement provides that Sabien acts as an exclusive sales agent for COF in the UK, with non-exclusive rights…
tinyBuild buys Russia based Bad Pixel for $17.1 million
LONDON, UK: tinyBuild, a leading video games publisher and developer with global operations, announced the acquihire of Bad Pixel, the development studio behind the very popular open-world game Deadside. Bad Pixel is based in Russia with seven developers currently. Deadside is a hardcore multiplayer shooter with vast gaming possibilities, balancing the dynamics of a first-person…
Tatton Asset Management acquires Verbatim funds for £5.8m
LONDON, UK: Tatton Asset Management (TAM), the investment management and IFA support services group, announced the acquisition of £650m Verbatim funds for a cash consideration of up to £5.8m and a long-term strategic distribution partnership with Fintel plc, a leading provider of fintech and support services to the UK retail financial services sector. The transaction…
Complii Fintech seeks to acquire PrimaryMarkets
SYDNEY, AUSTRALIA: Complii Fintech Solutions Ltd will offer to acquire all of the fully paid ordinary shares in PrimaryMarkets Limited by way of an off-market takeover, a news release said. PrimaryMarkets enables secondary trading (buying and selling) of securities in unlisted companies and funds in a secure, controlled, transparent and efficient online platform environment. As…
Cannabistry and M Plant Productions combine businesses
SANTA ROSA: Cannabistry and M Plant Productions have entered into a definitive agreement to combine their businesses, and leverage the proprietary technologies that fuel the production of demonstrably and measurably better products and superior brands. To date, Cannabistry has most significantly unlocked scientific cannabis achievements through their creation of Hi-Phi next-generation C02 extraction technology, B-Line…
Engro Enfrashare signs Rs4.5bn financing to develop mobile towers
KARACHI: Engro Enfrashare, a wholly owned subsidiary of Engro Corporation, has entered into an Islamic syndicate arrangement amounting to Rs4.5 billion, led by Meezan Bank and Faysal Bank. The proceeds raised through this Islamic syndication would be utilized to finance the development of tower sites for various mobile network operators (MNOs) operating in Pakistan. As…
PTCL and Ufone joins hands with NOWPDP for Justuju Internship Program
KARACHI: Pakistan Telecommunication Company Limited (PTCL) and Ufone signed MoU to launch 2nd batch of Justuju Internship Program in collaboration with Network of Organizations Working with Persons with Disabilities Pakistan (NOWPDP). Justuju includes a structured professional development plan for PWDs, focusing on training and enabling them to be part of the country’s mainstream socio-economic system….
SFL Corporation to sell 7 handysize dry bulk vessels for $100 million
OSLO, NORWAY: SFL Corporation Ltd. announced that it has agreed to sell its seven handysize dry bulk vessels to an Asian based buyer for an aggregate price of approximately $100 million. Delivery of the dry bulk vessels is expected to take place before year end, and net cash proceeds are estimated to be more than…
Telecard Limited to sell 25% shares in Supernet
KARACHI: Telecard Limited will sell 25 per cent shares in its wholly owned subsidiary, Supernet through a mix of Initial Public Offering (IPO) and Offer for Sale of Shares (OFS) at the strike price to be determined through the book building process. Supernet (SNL), a subsidiary of Telecard Limited, has announced to offer 18.343 million shares to…
InfraStrata plc proposes name change to Harland & Wolff Group Holdings
LONDON, UK: InfraStrata plc has applied to Companies House to trade under the name Harland & Wolff Group Holdings plc. The Company has, over the past 18 months, proceeded through various phases which have included, the acquisition of assets, significant upgrades to all its facilities, the introduction of state-of-the-art technology and has simultaneously established a…