AUCKLAND: Oceania Healthcare Limited announced plans to raise approximately NZ$100 million to fund the acquisition of a premium retirement village, Waterford on Hobsonville Point, and its existing leased facility and adjacent development land in Franklin through a fully underwritten NZ$80 million placement of new shares and a non-underwritten retail offer of up to NZ$20 million….
Pakistan Power Generation up by 2.6% YoY during 8MFY21
All-time high generation for February – up by 4.0% YoY § Power generation went up by 4.0% YoY to 7,281 GWh (10,835 MW) during Feb’21, compared to 7,002 GWh (10,060 MW) during Feb’20. § Major contributors during Feb’21 were: Hydel (Share: 28%), Coal (Share: 26%), RLNG (Share: 17%), Gas (Share: 12%), Nuclear (Share: 11%), Bagasse (Share: 1.4%),…
Eutelsat buys EUTELSAT 36D Satellite from Airbus
PARIS: Eutelsat Communications has signed a contract with Airbus for the procurement of EUTELSAT 36D to succeed EUTELSAT 36B, expected to reach its end of life at the end of 2026, at its key 36° East orbital position. With coverage of Africa, Russia and Europe, 36° East is a key orbital slot for Eutelsat, ranking…
Euronext sells Centevo to Profile Software
AMSTERDAM: Euronext has completed the sale of Centevo to Profile Software, an international financial solutions provider. Centevo had been acquired in 2019 as part of the acquisition of Oslo Børs VPS. Centevo generated c.€5.5m of revenues in 2020. The sale of this asset was implemented as part of a strategic review initiated following the integration…
SoftOx and Norwegian Defense Research Establishment sign collaboration agreement
OSLO: SoftOx Solutions and the Norwegian Defense Research Establishment (FFI) have signed a collaboration agreement with main focus on adapting the technology and products the company develops for military purposes both nationally and internationally. SoftOx is developing a new class of antimicrobal agents, herunder range of wound care products for cleansing, prevention and treatment of…
Media and Games Invest to issue EUR 40 million additional bonds to fund future acquisitions
STOCKHOLM: Media and Games Invest (MGI) has evaluated different options to finance accelerated growth and decided to focus on non-equity instruments. Based on strong indicative support from credit investors MGI plans to finance upcoming M&A opportunities by issuing additional bonds of a total up to of EUR 40 million in a subsequent tap issue permitted…
Catena progresses on its proposed acquisition of Insight Capital Partners
LONDON: The Board of Catena Group announced that it continues to make good progress on its proposed acquisition of Insight Capital Partners Limited. As a result, the Company announces its intention, upon completion of the Acquisition, to change its name to Insig AI Plc in order to better represent the new operational focus of the…
AstraZeneca US vaccine trial met primary endpoint
LONDON: The AstraZeneca US Phase III trial of AZD1222 demonstrated statistically significant vaccine efficacy of 79% at preventing symptomatic COVID-19 and 100% efficacy at preventing severe disease and hospitalization, a news release said. This interim safety and efficacy analysis was based on 32,449 participants accruing 141 symptomatic cases of COVID-19. The trial had a 2:1…
Avation delivers a new ATR 72-600 aircraft to US-Bangla Airlines
LONDON: Avation Plc, the commercial passenger aircraft leasing company, has delivered a new ATR 72-600 aircraft, with manufacturer’s serial number 1591, to the South Asian airline US-Bangla Airlines. Avation’s Executive Chairman, Jeff Chatfield said: “We are pleased to complete this third operating lease transaction with US-Bangla Airlines. We are starting to observe recovery in the…
Shield Therapeutics appoints new Chief Financial Officer
LONDON: Shield Therapeutics announced that Hans-Peter Rudolf is joining Shield’s Senior Executive Team as Chief Financial Officer with immediate effect. Hans-Peter is a Swiss national with extensive international experience, particularly in the US. Starting his studies at the University of Zurich and graduating from Cleveland State University, Ohio, Hans-Peter is a US Certified Public Accountant…
Helen Kuhlman appointed Chief Business Officer at Evgen Pharma
LONDON: Evgen Pharma announced that Helen Kuhlman PhD will be joining the Company as Chief Business Officer effective from 1 April 2021. Dr Kuhlman has over 20 years’ experience in government funding and equity investment together with scientific and business roles in public and private R&D-based biotechnology companies. She joins Evgen from the Development Bank…
MetalNRG and EQTEC to develop sustainable green energy projects
MetalNRG plc has entered into a Framework Partnership Agreement (FPA) to develop sustainable Green Energy projects in partnership with EQTEC plc.