SINGAPORE: iX Biopharma Ltd announced that its wholly-owned subsidiary, iX Syrinx has obtained the Good Manufacturing Practice (GMP) licence issued by the Therapeutic Goods Administration (TGA) of Australia for its testing laboratory located within its facility in Victoria, Australia. As part of the Group’s GMP processes, every batch of raw material and finished product is…
Olam secures Singapore’s first SORA-pegged club loan with DBS and ICBC
SINGAPORE: Food and agri-business Olam International Limited (Olam) has secured Singapore’s first club loan pegged to the Singapore Overnight Rate Average (SORA) with DBS Bank (DBS) and Industrial and Commercial Bank of China, setting the pace for the industry’s future syndicated SORA loans. The SGD200 million one-year committed revolving credit facility is also the industry’s…
Sasseur REIT shines at the Asia Pacific Best of the Breeds REITs Awards 2020
SINGAPORE: Sasseur Real Estate Investment Trust (Sasseur REIT) has clinched, for the second consecutive year, three top awards – Best Retail REIT (Platinum), Best CEO (Platinum) and Best Investor Relations (Platinum) – for REITs under US$1 billion market capitalisation at The Asia Pacific Best of the Breeds REITs Awards 2020. The judging criteria for the…
Resurgence and Vividthree in discussions to produce esporting events
SINGAPORE: Vividthree Holdings Ltd is in discussions with RSG Resurgence Esports to co-create new esports events that will raise the bar in gaming and esports content development. Vividthree Holdings Ltd, a diversified entertainment company specializing in the production of immersive experiences with mixed technologies, and Resurgence, a Singapore-based, Southeast Asian-focused professional esports organisation, will combine…
Tan Huchuan appointed as Group Chief Executive Officer of CITIC Envirotech
SINGAPORE: The Board of Directors of CITIC Envirotech Ltd announced that Tan Huchuan will succeed Hao Weibao as the new Group Chief Executive Officer (CEO) of CEL with effect from 1st October 2020. Hao Weibao will remain as Executive Chairman of the Group. Tan Huchuan is the current Group Chief Operating Officer (COO), and has been…
AMTD Charity donates a total of S$1 million to SGX Bull Charge and Community Chest
SINGAPORE: Beneficiaries of SGX Bull Charge, the flagship charity initiative of Singapore Exchange (SGX), have received a boost from AMTD Charity Foundation amid a challenging year for fundraising. AMTD Charity Foundation is donating S$500,000 to SGX Bull Charge ahead of its 17th annual Charity Run – the largest single contribution in recent years. The proceeds…
WAM Capital bids for Contango Income Generator Limited
SYDNEY: WAM Capital Limited has announced a conditional off-market takeover bid for Contango Income Generator Limited. The offer consideration is 1 WAM Share for every 3 CIE Shares. This represents a premium of 17.6% to CIE’s 25 September 2020 share price, 18.1% to CIE’s one-month volume-weighted average price (VWAP) and a premium to CIE’s reported…
Piedmont Lithium signs SC6 sales agreement with Tesla
PERTH: Piedmont Lithium Limited has entered into a binding agreement with Tesla Inc. (Tesla) for the supply of spodumene concentrate (SC6) from Piedmont’s North Carolina deposit to Tesla, a news release said. The agreement is for an initial five-year term on a fixed-price binding purchase commitment from the delivery of first product, and may be…
Warrego and Alcoa sign large scale, long term gas sales agreement
PERTH: Warrego Energy Limited (WGO) has signed a binding Gas Sales Agreement (GSA) with Alcoa of Australia Limited, for the long term supply of a total of 155 petajoules (PJ) of natural gas from the West Erregulla gas field. The GSA will commence on January 01, 2024, subject to a positive project Final Investment Decision…
Halo and Green Matter purchase Bar X ranch to establish largest cannabis grow
TORONTO: Halo Labs’ wholly owned subsidiary PSG Coastal Holdings together with Green Matter Holding founded a real estate holding company on August 18, 2020 each with 50% ownership. The newly created company, Lake County Natural Health LLC (LCNH), completed the purchase of the Bar X Ranch in Lake County, California from an unrelated party. Halo’s…
KITS partners with professional tennis player, Vasek Pospisil
VANCOUVER: KITS, Canada’s fastest growing eyecare brand, announced today its partnership with Kitsilano-based tennis star Vasek Pospisil. The partnership marks the company’s dedication to supporting Canadian athletes. Inspired by the athlete’s history, where growing up he trained on the courts at Kits Beach Tennis Club, and the important connection between tennis and eye health, this…
BridgeComm partners with Nokia to develop high-speed optical communications
DENVER: BridgeComm, an Allied Minds portfolio company, has partnered with Nokia to develop high-speed optical communications, a news release said. BridgeComm, a leader in optical wireless communications solutions and services, today announced its partnership agreement with Nokia in efforts to develop high-speed optical communications. Leveraging BridgeComm’s background in freespace optical technology and Nokia’s portfolio of…