KARACHI: Haroon Rashid, CEO Shell Pakistan Limited, has been elected as the President of the Overseas Investors Chamber of Commerce & Industry (OICCI) with effect from July 1, 2020. His appointment came following a successful tenure of Mr Shazad Dada, who resigned as the President of OICCI after resigning from Standard Chartered Bank and taking…
MedAdvisor strikes strategic alliance with NASDAQ-listed HMS to accelerate US growth
MELBOURNE: Med-tech company MedAdvisor announced a Strategic Alliance Agreement with US-based HMS , a leading provider of payment accuracy and population health management solutions. HMS, a MedAdvisor shareholder, works with 350 US health insurance companies and more than 40 government bodies which pay medical bills on behalf of patients in the US to better engage…
Jerry Seiner acquires Henry Brown Chevrolet & Henry Brown Chrysler Dodge Jeep Ram
SALT LAKE CITY: The Jerry Seiner organization has purchased Henry Brown Chevrolet and Henry Brown Chrysler Dodge Jeep Ram in Casa Grande, AZ. This signals the introduction of the Jerry Seiner Dealerships brand in Arizona where the dealerships will re-brand to Jerry Seiner Chevrolet and Jerry Seiner Chrysler Dodge Jeep Ram. “The Jerry Seiner Dealerships…
ResAppDx-EU to be launched on Phenix Health’s Telehealth App on July 6th
BRISBANE: ResAppHealth Limited and Australia’s leading virtual super clinic Phenix Health Pty Ltd announced that ResAppDx-EU, the world’s first clinically validated and regulatory-approved respiratory disease diagnostic test, is scheduled to be available on the Phenix Telehealth app on Monday the 6th of July. Phenix and ResApp signed a software licensing agreement in June to provide…
Aerospike forms two new partnerships in Japan to meet demand for its solutions in Asia Pacific
MOUNTAIN VIEW: Aerospike Inc., announced two new partnerships in Japan with SmartScape and ASK Corporation to meet growth and demand for its solutions in the Asia Pacific (APAC) region. In just two years, Aerospike doubled headcount, customers, and revenues in the APAC region. Some of the largest, most innovative companies in the region leverage Aerospike…
Rio Tinto adds a strategy and development role to the executive committee
MELBOURNE: Rio Tinto has added a new role to its executive committee as it considers the next phase of its transformation to reinforce the company’s commitment to strategy, technology and climate change in a new era. Peter Toth will become Group executive, Strategy and Development with a focus on leading Rio Tinto’s transformation efforts around…
Credit Intelligence Limited completes acquisition of ChapterTwo Holdings
SYDNEY: Credit Intelligence Limited announced that it has now successfully completed the acquisition of a 60% interest in ChapterTwo Holdings Pty Ltd, with a completion date of 1 July 2020. The transaction marks Credit Intelligence’s first step in building a comprehensive debt management and solutions business in Australia. Headquartered in Sydney, ChapterTwo provides informal debt…
Spirit announces completion of acquisition of VPD Group
PERTH: Spirit Telecom announced that it has completed the acquisition of VPD Group. The acquisition of VPD Group is Spirit’s most transformational transaction to date. This highly strategic move will see Spirit create a new wholesale business: Spirit Partners to focus on distributing its range of products via channel partners across Australia. The acquisition assists…
Chevron completes AU$425 million acquisition of Puma Energy Australia
SAN RAMON: Chevron Australia Downstream Pty Ltd., a wholly-owned subsidiary of Chevron Corporation, announced that it has completed the acquisition from Puma Energy Asia Pacific B.V. of all shares and equity interests of Puma Energy (Australia) Holdings Pty Ltd for the amount of AU$425 million. The acquisition adds a network of more than 360 company-owned…
Versarien awarded £5 million facility by Innovate UK Loans
LONDON, UK: Versarien plc, the advanced materials engineering group, announced that the Company has been awarded a legally binding £5 million loan facility by Innovate UK Loans Limited, a wholly owned subsidiary of UK Research and Innovation. Innovate UK has been running an extended pilot innovation loans programme over the past three years with £75…
IamFire appointment Marc Turlough Bamber to the Board
LONDON: IamFire Plc announced the appointment of Marc Turlough Bamber to the Board of Directors and as Non-Executive Chairman of IamFire plc with immediate effect. Mr Bamber is a Global Corporate Financier, with over 20-years’ experience in the Hedge Fund Sector, Capital Markets, Private & Institutional Investments; Investor Communications & Marketing. Marc was a core…
JTC Plc completes acquisition of SANNE private client business
LONDON: JTC Plc has announced the completion of its acquisition of the assets, contracts and employees of SANNE Group plc’s private client business based in Jersey. The acquisition expands JTC’s Private Client Services (PCS) presence in Jersey, one of its strongest performing PCS jurisdictions. Clients representing annualised ongoing revenues of £4.1m have transferred to JTC…