SINGAPORE: Alliance Healthcare Group Limited’s wholly-owned subsidiary, Alliance Healthcare Pte. Ltd. has signed an agreement with DBS Bank Ltd pursuant to which Alliance and DBS shall collaborate for an initial term of two years to engage in joint marketing activities to promote each other’s products, services and/or platforms. The Board of Alliance Healthcare Group believes…

Moody’s affirms Frasers Centrepoint’s Baa2 rating; changes outlook to stable
SINGAPORE: Moody’s Investors Service has affirmed Frasers Centrepoint Trust’s (FCT) Baa2 issuer rating. At the same time, Moody’s has changed the outlook on the rating to stable from negative. The rating action follows FCT’s announcement on 3 September that it will (1) acquire the balance 63.1% stake in Asia Retail Fund Limited (ARF); (2) raise…

Emirates resumes flights to Bangkok
DUBAI: Emirates has resumed passenger services to Bangkok with daily flights. The resumption of flights to Bangkok has expanded Emirates’ current network to 78 cities, offering travellers in Europe, the Middle East, Africa and Asia Pacific convenient connections via Dubai to the popular Thai destination. Flights between Dubai and Bangkok are operated with an Emirates…

Tempus Resources signs exploration agreement with Bridge River Indian Band (Xwísten)
PERTH: Tempus Resources Ltd announced the signing of a key exploration agreement with the Bridge River Indian Band (Xwísten) in relation to the Elizabeth Gold Project, located the heart of Xwísten’s traditional territory in southwestern British Columbia, Canada. The agreement pertains to Tempus’s exploration activities which may include, without limitation, the following activities within the…

Dotz to supply ‘Secured by Dotz’ authentication solution for face masks in USA and Canadian markets
SYDNEY: Dotz Nano Limited has entered into a landmark three-year purchase agreement with Breathe Medical Manufacturing Ltd, anew specialist Canadian manufacturer of high-quality surgical face masks and personal protective equipment (PPE). Under the agreement, Dotz will supply its ‘Secured by Dotz’ authentication solution for face masks in the USA and Canadian markets, and enable the…

Allan Ritchie appointed Chief Executive Officer of Adavale Resources
SYDNEY, AUSTRALIA: Adavale Resources Limited has appointed a Chief Executive Officer to work with the Board and progress the development of the Company’s assets. Mr Allan Ritchie has accepted the role as Chief Executive Officer which takes effect immediately. Allan graduated from the University of Technology, Sydney with a Bachelor of Business and has a…

Fremont Petroleum on track to complete Trey acquisition by next week
SYDNEY: Fremont Petroleum Corporation Ltd announced that it expects to complete the Purchase and Sale Agreement (PSA) of the portfolio of producing oil and gas leases located in the Illinois Basin from Indiana-based Trey Exploration Inc. in the next week using existing cash reserves. This transaction was first reported on 18 June 2020. As previously…

Panoply Holdings acquires Difrent Ltd for £8.8 million
LONDON: The Panoply Holdings PLC, the technology-enabled services group focused on digital transformation, announced the acquisition of the entire issued share capital of Difrent Ltd., a digital transformation consultancy focused on the Healthcare sector. Newcastle-upon-Tyne-based Difrent uses a partnership approach to help its clients to achieve their digital transformation goals. The company’s proposition includes strategic…

K-Electric Board appoints Shan A. Ashary as new Chairman
KARACHI: Abraaj Group’s K-Electric Limited has announced the appointment of Shan A. Ashary as its new Chairman of the Board effective 7 September 2020. Mr. Ashary, who has been on the Board of Directors of the Company since 2005 and represents the KES Power stake in KE, is the longest-serving member of the board. As…

Graham Blackwell appointed interim CEO of Ten Entertainment Group
LONDON: Ten Entertainment Group has announced appointment, with immediate effect, of Graham Blackwell, initially as Interim Chief Executive Officer. Graham is currently the Group’s Chief Operating Officer. He has over 30 years’ experience within this industry and has served on the Ten Entertainment Board since the IPO in 2017. His unique experience and outstanding execution…

Zenith Energy signs conditional agreement to acquire Sidi El Kilani from CNPC
LONDON: Zenith Energy Netherlands B.V. has signed a conditional sale and purchase agreement with CNPC International (Tunisia) Ltd., a 100% subsidiary of CNPCI, CNPC International Ltd., for the acquisition of a working interest inthe North Kairouan permit and the Sidi El Kilani Concession, which contains the Sidi El Kilani oilfield (SLK). The consideration payable by…

ayfie Group AS acquires Haive AS
OSLO: ayfie Group AS, a provider of search and text analytics solutions, has entered into a share purchase agreement for the acquisition of all shares in Haive AS, thereby strengthening ayfie’s position in the Nordic market. Haive, based in Oslo, is developing site search and knowledge discovery solutions targeted at Norwegian public and private entities….