Oxford Biomedica Plc (LSE:OXB) is a leading, fully integrated, gene and cell therapy group focused on developing life changing treatments for serious diseases. Oxford Biomedica Plc (LSE:OXB) and its subsidiaries (the “Group”) have built a sector leading lentiviral vector delivery platform (LentiVector®), which the Group leverages to develop in vivo and ex vivo products both…
Saint-Gobain invests €45 million in a new manufacturing line in Romania
LONDON: Saint-Gobain has announced the construction of a second plasterboard manufacturing line in its Turda plant, in northern Romania. This €45 million investment aims to considerably increase the plasterboard manufacturing capacity in Romania in order to meet the rapidly growing local needs as well as those of the Central and Eastern European countries, and to…
Oriole Resources acquires 51% of Reservoir Minerals Cameroon Sarl
LONDON: Oriole Resources PLC has secured a controlling position in Reservoir Minerals Cameroon Sarl (RMC Sarl), a former subsidiary of Bureau d’Etudes et d’Investigations Géologico-minières, Géotechniques et Géophysiques SARL (‘BEIG3’), for its early-stage exploration licences in Cameroon. Following completion of an initial funding commitment of US$1.56 million over two years at the Bibemi and Wapouzé…
Sage Group announces £39m disposal of its Swiss business to Infoniqa
LONDON: The Sage Group has entered into an agreement for the sale of its Swiss business to Infoniqa, a provider of HR software solutions majority-owned by Warburg Pincus. Sage previously announced that the business was held for sale in its full year results announcement on 20 November 2020. The sale consideration is approximately CHF 50m…
SDCL Energy Efficiency Income Trust to acquire RED-Rochester LLC for $177 million
LONDON: SDCL Energy Efficiency Income Trust has agreed to acquire a 100% equity interest in a commercial district energy system, RED-Rochester LLC (RED) from a fund managed by an affiliate of Stonepeak Infrastructure Partners for an equity cash consideration of approximately $177 million, a news release suggests. RED is one of North America’s largest district…
Techstep signs managed mobility service agreement with Svevia
OSLO: Techstep ASA has signed a renewed Managed Mobility Service (MMS) agreement with the Swedish infrastructure, road maintenance and construction company Svevia AB, an existing Techstep customer, a news release said. The agreement with Svevia includes Platform Management, Advisory Services and support for 2,600 managed devices. This MMS-solution combines services designed to manage mobile devices…
PropNex announces S$1.0 million acquisition of Ovvy – The People Marketplace
SINGAPORE: PropNex Limited’s wholly-owned subsidiary, PropNex Grandeur Homes has entered into a share sale and purchase agreement with, amongst others,TB6 Pte. Ltd. and Rapzo Capital Pte. Ltd. to acquire70% of the issued and paid-up capital of Ovvy Pte. Ltd. The consideration payable by PropNex will be S$1.0 million, of which 35% will be paid to…
Trendlines to seek dual listing and shares offering on TelAviv Stock Exchange
MISGAV, ISRAEL: The Trendlines Group Ltd. has planned to seek a dual primary listing of its ordinary shares on the Tel-Aviv Stock Exchange (TASE) in Israel, a news release suggests. The Trendlines Group considers that the Proposed TASE Listing will be beneficial for the Company, and in the interests of the shareholders of the Company,…
Aspen Group Holdings’ subsidiary gets a 10-year income tax exemption
SINGAPORE: Finance Minister of Malaysia has approved an application of Aspen Glove Sdn. Bhd. (AGSB) submitted through the initiative of the Northern Corridor Implementation Authority (NCIA), for an income tax exemption for its business activity of designing, developing, and manufacturing of examination and surgical nitrile gloves via a grant of an incentive known as the…
Magnit PJSC opens ten more My Price discounters in March
KRASNODAR: Magnit PJSC opened ten My Price discounters in March. As a result, their total number increased to 33 stores as of the beginning of April, a news release said. In early March, the Company opened discounters in Omsk and Yaroslavskaya village (Krasnodar Region). Eight more stores were opened in the last two weeks of…
Bahrain Bourse commences first edition of capital markets apprenticeship program
MANAMA: Bahrain Bourse has commenced the first edition of the Capital Markets Apprenticeship Program on Thursday, 1st April 2021 with the participation of 8 interns out of more than 470 applicants for the program. The Capital Markets Apprenticeship Program is an on-the-job training program that targets Bahraini graduates who are willing to gain practical knowledge…
Lifecare AS well protected as Digital Diagnostics AG files for bankruptcy
BERGEN: Digital Diagnostics AG’s (Digid) management has filed for bankruptcy at the district court of Mainz. The filing was delivered without any prior information to or discussion with the Digid Supervisory board, a news release said. The joint venture agreement regarding Digid provides protection of Lifecare’s interests, including Lifecare IP rights, in the event of…