LOS ANGELES: MedMen Enterprises Inc. announced the current interim Chief Executive Officer and Chairman of the Board of Directors, Tom Lynch, will be appointed as the permanent Chief Executive Officer of the Company effective Thursday, July 15, 2021. Lynch has served as the interim Chief Executive Officer since March 2020. “I am thrilled to be…
Noreco fixes $1.0 billion interest rate exposure under RBL facility until June 2024
OSLO, NORWAY: Norwegian Energy Company ASA (Noreco) has entered into a USD 1.0 billion swap transaction with a group of banks to fix the Company’s floating interest rate exposure under its Reserve Based Lending (RBL) facility from 1 Nov 2021 until 30 June 2024. Noreco will as a result pay interest on its RBL cash…
Samsung and Lucky Motor sign Samsung mobile manufacturing agreement
KARACHI, PAKISTAN: Samsung Gulf Electronics and Lucky Motor Corporation, subsidiary of Lucky Cement Limited, have signed an agreement for production of Samsung branded mobile devices in Pakistan. The mobile device production plant is anticipated to be completed by end of December 2021. The amount contemplated to be invested in the production facility and the capacity thereof has not…
SDS secures additional integration services order from Telenor Pakistan
STOCKHOLM, SWEDEN: After successfully receiving the breakthrough order from Telenor Pakistan worth USD 1.0 million, SDS secures another order from the prime supplier in the Telenor Pakistan digital transformation project. As part of the agreement, SDS will deliver additional services to supplement the deployment of their state-of-the-art transaction platform ERS 360. The solution will enable…
Care Property expands Spanish portfolio with €10.2 million investment
SCHOTEN, BELGIUM: Care Property Invest signed the agreement under suspensory conditions for its fourth project on the Spanish market. The project ‘Solimar Tavernes Blanques’ is a yet to be developed residential care centre in Tavernes Blanques, a suburb of Valencia. The project will be built by Vivalto Vie Spain S.L.U. (part of the Vivalto Group)…
Matthew Healy appointed CEO of Greenvale Mining Limited
SYDNEY, AUSTRALIA: Greenvale Mining Limited announced the appointment of Matthew Healy as Chief Executive Officer effective from 1 September 2021. Matthew Healy’s appointment comes as Greenvale continues to build its senior leadership team, ensuring that it has the appropriate skills, experience and talent in place to unlock the exciting potential of both its Alpha Torbanite…
Bernie Tuch appointed interim CEO of Living Cell Technologies Limited
SYDNEY, AUSTRALIA: The Board of Living Cell Technologies Limited has appointed Chair Professor Bernie Tuch as Interim CEO on terms to be finalized, a news release said. He will assume the additional role following the retirement of Dr Ken Taylor on Friday 16 July 2021. Dr Taylor’s retirement means he will also retire from the…
Cécile Cabanis appointed Deputy CEO of Tikehau Capital
PARIS, FRANCE: Tikehau Capital, the global alternative asset management group, today has appointed Cécile Cabanis as Deputy Chief Executive Officer of the Group, a news release said. In this newly created position Cécile Cabanis will oversee the Human Capital, ESG/CSR, Communications and Brand Marketing functions of the Group. She will also coordinate the Group’s efforts…
Good Energy announces new electric vehicle time of use tariff
LONDON, UK: Good Energy Group, the 100% renewable electricity supplier and innovative energy services provider, launched an innovative new time of use energy tariff, aimed specifically for electric vehicle (EV) drivers. As part of an increased focus on Mobility as a Service (MaaS) and EV service products, Good Energy has launched a new time of…
Renault Group’s worldwide sales surge 17.7pc in 1st half 2021
BOULOGNE, PARIS: In an environment still disrupted by the COVID-19 pandemic, Renault Group sold 1,422,600 vehicles in the first half of 2021, up 18.7% on 2020, but down 24.2% on the first half of 2019, a news release said. Throughout the first half, the Group continued to pursue a selective sales policy favouring profitable volume…
Feedback plc announces Bleepa agreement with CVS Equine Division
LONDON, UK: Feedback plc announced the CVS Group, one of the UK’s leading providers of integrated veterinary services, has appointed Bleepa as its clinical communications platform for its Equine Division. Following a successful pilot trial, CVS has adopted Bleepa for initial use in its Equine Division. Bleepa will be rolled-out across 20 equine specialist surgeries….
Jadestone Energy satisfies all conditions for Malaysia Acquisition
SINGAPORE: Jadestone Energy plc announced the satisfaction of all conditions required to complete its proposed acquisition of the Peninsular Malaysia assets of SapuraOMV Upstream Sdn. Bhd., including receipt of PETRONAS approval. Jadestone and SapuraOMV will now proceed to complete the transaction, which will entail Jadestone paying the headline consideration of US$9 million, subject to agreed…