SINGAPORE: Hong Lai Huat Group Limited has entered into a non-binding Memorandum of Understanding (MoU) with Denmark based SKIOLD on an intended collaboration for a proposed Cambodia-Singapore Agriculture Special Economic Zone with an estimated investment value of USD 1 billion. The signing of the MoU was witnessed by The Ambassador of Denmark to Singapore H.E….
BevCanna to acquire natural health and wellness e-commerce retailer, Pure Therapy
VANCOUVER: BevCanna Enterprises Inc. entered into a share exchange agreement to acquire natural health product company Naturally Pure Therapy Products Corp., a news release said. Pursuant to the Agreement, BevCanna has agreed to issue 30 million common shares in the capital of the Company to the shareholders of Pure Therapy in exchange for all the…
Parkmead awarded offshore blocks in the UK 32nd Licensing Round
LONDON: Parkmead Group Plc, the independent energy group, announced it has been offered four offshore blocks and part blocks spanning three new licences in the UK 32nd Licensing Round awards. The first of these provisional licence awards covers Blocks 14/20g & 15/16g (Parkmead 50% and operator) situated in the Central North Sea, adjacent to Parkmead’s…
Foresight Solar Fund Limited acquires first Spanish solar asset
LONDON: Foresight Solar, a fund investing in a diversified portfolio of ground-based solar PV assets in the UK and internationally, has announced the acquisition of its first solar asset in Spain. The 26.1 MW Virgen del Carmen asset, based in Huelva, in the South-West of the country, is the Fund’s first acquisition in Continental Europe…
Avacta to Launch SARS-CoV-2 ELISA Laboratory Test
LONDON: Avacta Group plc, the developer of Affimer biotherapeutics and reagents, will launch an ELISA laboratory test for the SARS-CoV-2 spike protein to support global research efforts into the coronavirus that causes COVID-19. Enzyme linked immunosorbent assays (ELISAs) are very common research tools used to detect and quantify a target of interest in a wide…
Kibo Energy’s Sloane Development acquires 9 MW flexible power project
LONDON: Kibo Energy’s UK subsidiary Sloane Developments Ltd. has agreed the Heads of Terms for a Share Purchase Agreement to acquire a 9MW flexible gas power project for £1.7 million. The acquisition is in line with the Company’s strategy to acquire and develop a portfolio of small-scale flexible power generation assets that will help balance…
Pendragon to dispose of Hornburg Jaguar and Hornburg Land Rover dealership
LONDON: Pendragon Plc has agreed to dispose of the trade and assets of its Jaguar and Land Rover motor vehicle dealership located in Los Angeles, California. In relation to the Transaction, the purchaser of the business is Triunity Automotive Group, LLC (“Triunity”), the operator of a privately owned dealership group. The consideration for the Transaction…
Arctic LNG 2 chartered 15 Arc7 tankers to be built at Zvezda Shipyard
MOSCOW: PAO NOVATEK announced that its joint venture Arctic LNG 2 entered into long-term charter agreements on 14 Arc7 ice-class LNG tankers with SMART LNG (a joint venture between NOVATEK and PAO Sovcomflot), with the construction of the LNG tankers to be built at the Zvezda Shipbuilding Complex. The signing of the charter agreements allowed…
Senetas announces Verizon Australia agreement providing Australian sovereign cybersecurity
MELBOURNE: Senetas Corporation Limited has entered into a supplier agreement with Verizon Australia, which will see Verizon distribute Senetas’s certified high-assurance encryptors as part of Verizon’s managed security offerings for its government and enterprise customers. Verizon has provided managed network and security services to Australian government departments and businesses for over 20 years including more…
CardieX partners Andon to manufacture next generation home consumer health device
PERTH: CardieX Limited’s subsidiary ATCOR has entered a co-development and commercial partnership agreement with Shenzen Stock Exchange listed company, Andon, one of China’s largest manufacturers of home-use medical electronic devices. The three-year co-development and commercialization agreement with Andon provides for the development and commercialization of new medical and consumer health devices for home-use based on…
Davenport appoints Ian Farmer as Non-Executive Chairman as part of its Board restructure
PERTH: Davenport Resources Ltd announced the appointment of former Lonmin Plc CEO Ian Farmer as Non-Executive Chairman as it continues development of its portfolio of potash projects in Germany. Mr Farmer’s appointment as Davenport’s Non-Executive Chairman is part of a Board restructure to increase its effectiveness in progressing the development of its potash projects while…
St Barbara completes acquisition of Moose River Resources Inc
PERTH: St Barbara Ltd confirmed that it has finalised all outstanding conditions relating to its previously announced acquisition of Moose River Resources Incorporated (MRR”) with completion achieved on 4 September 2020. The acquisition was first announced on 27 July 2020. St Barbara’s wholly owned subsidiary Atlantic Mining NS (Atlantic Mining) acquired the remaining 93% of…