SINGAPORE: Hyphens Pharma International ‘s subsidiary Ocean Health Pte Ltd has signed a Distribution Agreement with Healthguard Pharmacy Limited to appoint Healthguard as an exclusive distributor of Ocean Health health supplements. Under the agreement, Healthguard will be granted exclusive rights to distribute Ocean Health health supplement products in Sri Lanka, such as Ocean Health’s best-known…
Ng Kee Choe to retire as Chairman of CapitaLand; Miguel Ko to be next Chairman
SINGAPORE: CapitaLand Limited announced that Mr Ng Kee Choe will retire as Chairman and director of CapitaLand at the conclusion of its next annual general meeting (AGM) scheduled for April 2021. Mr Miguel Ko, currently Deputy Chairman of CapitaLand, will succeed Mr Ng as Chairman when Mr Ng retires next year. This follows the completion…
Pakistan LNG Limited receives lowest bids for December LNG deliveries
KARACHI: Pakistan LNG Limited (PLL) has received offers between 15.88-16.99 percent of Brent for its 6-cargo tender for December delivery. For a $37.46/bbl Brent price, that’s $5.95-6.36/MMbtu of LNG. Astute observers may point out that this is lower than northeast Asian LNG spot. Socar Trading won the bidding for first cargo to be delivered on…
GSK sets new environmental goals
LONDON: GSK has announced ambitious new environmental sustainability goals in both climate and nature, aiming to have a net zero impact on climate and a net positive impact on nature by 2030. Increasing scientific evidence demonstrates that climate change and nature loss are impacting the world and human health in many ways, including: extreme heat…
Curtiss-Wright completes acquisition of Pacific Star Communications
DAVIDSON: Curtiss-Wright Corporation has completed the acquisition of Pacific Star Communications Inc. for $400 million in cash. PacStar is a leading provider of secure tactical communications solutions for battlefield network management, including commercial off-the-shelf (COTS)-based rugged, small form factor communications systems, and its proprietary “IQ-Core Software” integrated network communications management software. The acquisition establishes Curtiss-Wright…
Workiva Inc. appoints Julie Iskow to its Board of Directors
AMES: Workiva Inc. announced that Julie Iskow, EVP and Chief Operating Officer, has been appointed to the Workiva Board of Directors, effective Jan. 1, 2021. “Julie’s extensive experience in leading and scaling SaaS companies has been extremely valuable to us over the past year,” said Workiva Chief Executive Officer Marty Vanderploeg. “Her leadership of cross-functional…
Manipal Hospitals to acquire 100% stake in Columbia Asia Hospitals in India
BENGALURU: Manipal Hospitals announced its intent to acquire 100% stake in Columbia Asia Hospitals Private Limited. The transfer of ownership to Manipal Hospitals is expected to be completed post regulatory approvals. The strong clinical expertise and breadth of services of Manipal Hospitals, complemented by the strengths of Columbia Asia in clinical and service quality, will…
FCPT acquires a four Verizon properties portfolio for $7.2 million
MILL VALLEY: Four Corners Property Trust (FCPT) announced the acquisition of four Verizon properties for $7.2 million. The properties are located in OH and PA and are occupied by a Verizon retail operator (Cellular Sales of Knoxville) with over 780 locations under net leases with approximately nine years of weighted average term remaining. The transaction…
John Forsyth appointed President and CEO of Cirrus Logic Inc.
AUSTIN: Cirrus Logic Inc. announced that Jason Rhode plans to step down as chief executive officer and director effective Jan. 1, 2021. The Cirrus Logic Board of Directors has appointed current President John Forsyth as president and chief executive officer effective Jan. 1, 2021. Rhode will remain at Cirrus Logic as an executive fellow where…
Trinity acquires a package of seismic and well log data from Heritage Petroleum Company
LONDON, UK: Trinity Exploration & Production plc has entered into an agreement to acquire a package of seismic and well log data from Heritage Petroleum Company Limited, a news release said. The data package consists of 37km2 of 3D seismic volume (including related processing and reprocessing reports), 2D seismic lines, 3D seismic line extracts/regional lines…
Rainbow Rare Earths to co-develop Phalaborwa Rare Earths Project in South Africa
LONDON: Rainbow Rare Earths announced the signing of a binding Agreement for Co-Development of the Phalaborwa Rare Earths Project, located in South Africa, with Bosveld Phosphates (Pty) Ltd. The Project comprises approximately 35 million tonnes of gypsum resulting from historic phosphate hard rock mining, containing rare earth elements (REE) with an estimated average in situ…
Creo’s subsidiary Albyn Medical acquiring Boucart Medical for €5 million
LONDON: Creo Medical Group announced the acquisition of Boucart Medical SRL, the largest independent supplier of gastrointestinal (GI) endoscopy consumables in Belgium and Luxembourg, for an initial consideration of €4.5 million in cash plus up to €0.5 million of performance related consideration payable in cash over the next two years. Boucart Medical, founded in 1991,…