AUCKLAND, NEW ZEALAND: Cancer diagnostics business, Pacific Edge Limited (PEB) will lodge an application with the Australian Stock Exchange (ASX) to dual list as a Foreign Exempt Entity. Subject to the ASX accepting the application, PEB expects to be dual-listed on the ASX by the end of September 2021. Pacific Edge intends to maintain its…
Refining NZ agrees Marsden Point import terminal operation price
AUCKLAND: Refining NZ confirmed that it has now reached in-principle agreement with Mobil Oil New Zealand Limited on key commercial terms including price for a potential import terminal operation at Marsden Point. This means Refining NZ now has the agreement of all three of its existing refinery customers, with similar agreements having been reached with…
Oceania Healthcare raising $75mn to repay bank debts
AUCKLAND: Oceania Healthcare Limited is raising up to $75 million through fixed rate bonds to repay bank debts. Oceania Healthcare Limited is issuing up to $75 million (with the ability to accept oversubscriptions of up to $25 million) of seven year secured fixed rate bonds to New Zealand institutional and retail investors. The proceeds of…
Piet Hilarides commences as CEO of Baladna
DOHA, QATAR: Baladna, a Qatari agricultural company that raises livestock and produces dairy products, announced the commencement of Piet Hilarides as Chief Executive Officer, succeeding Malcolm Jordan, who has led Baladna through a transformative period of accelerated growth following the company’s successful listing on the Qatar Stock Exchange in 2019. He has successfully steered the…
Visa Appoints Leila Serhan as Senior Vice President
KARACHI, PAKISTAN: Visa announced the appointment of Leila Serhan as Group Country Manager and Senior Vice President to lead its presence across the North Africa, Levant and Pakistan (NALP) region. Ms. Leila Serhan brings more than two decades experience of leadership positions, including 20 years gained at Microsoft. Ms. Leila Serhan most recently led Microsoft’s…
Kazatomprom announces departure of CEO
LONDON, UK: JSC National Atomic Company (Kazatomprom) announced that Galymzhan Pirmatov, the Company’s Chief Executive Officer (CEO), will be departing from his role effective 2 September 2021 to pursue another opportunity. Mr. Mazhit Sharipov, who is currently Kazatomprom’s Chief Nuclear Fuel Cycle Officer, will be appointed as acting CEO. “On behalf of Samruk-Kazyna, I would…
Scanfil Plc to double its Suzhou factory in China
HELSINKI, FINLAND: Scanfil Plc has decided to start planning to expand its existing factory in Suzhou, China. The possible investment in the expansion of the current facility has been estimated to be at EUR 6 million, and the construction work is estimated to be started in 2022. “Customer demand has been increasing throughout the year…
Telstra Board Directors to retire at AGM
LONDON, UK: Telstra Directors Margie Seale and Peter Hearl announced their intention to retire from the Telstra Board. Margie will be retiring at the company’s annual general meeting on 12 October and Peter will retire on 31 December 2021. Margie has reached the end of her third, three-year term and has served on the Audit…
Primary Health Properties buys Townside Primary Care Centre
LONDON, UK: Primary Health Properties, one of the UK’s leading investors in modern primary healthcare facilities, has acquired the Townside Primary Care Centre and adjacent office building in Bury, Lancashire for a total consideration of £40 million. The Townside Primary Care Centre is a substantial purpose-built primary care hub which is fully let to NHS…
Mattioli Woods acquires Richings Financial Management for £1.8mn
LONDON, UK: Mattioli Woods plc announced the acquisition of 100% of the share capital of Richings Financial Management Ltd from its shareholders for an initial consideration of £0.9 million and potential further consideration of up to £0.9 million dependent on the attainment of specified performance targets in the two years after completion. Founded in 1991,…
Air Partner acquires Kenyon International for $11.7 million
LONDON, UK: Air Partner, the global aviation services group, has acquired the entire issued share capital of Kenyon International Emergency Services, a world leader in emergency planning and incident response, from PT Lobos LLC, a news release said PT Lobos LLC is owned by Robert A. Jensen, Brandon D. Jones and Sean Gates. The total…
BWX Limited acquires 50.1% stake in Go-To
MELBOURNE, AUSTRALIA: BWX Limited has agreed to acquire a 50.1% interest in Go-To, one of Australia’s leading omnichannel skin care brands for approximately A$89 million, a news release said. Group CEO and Managing Director of BWX, Dave Fenlon said: “Zoë is a proven brand-builder and innovator. We are really excited to be partnering with her…