SINGAPORE: OEL (Holdings) Limited (OEL) has entered into a Joint Venture Agreement with Shanghai Suntec Co., Ltd. for the incorporation of a joint venture company in Singapore for the manufacturing and distribution of High-Intensity Focused Ultrasound (HIFU) machines entire end to-end industrial chain of R&D, manufacturing and installation, medical services and equipment after sales service,…
Alison Wood appointed independent non-executive director at Oxford Instruments
OXFORD: Oxford Instruments plc announced the appointment of Alison Wood as an Independent Non-Executive Director. Subject to the approval of shareholders at the AGM, she will be joining the Board on 8 September 2020 and will become a member of the Company’s remuneration, nomination and audit and risk committees from the same date. Alison has…
Dagmar Aspatria Kent Kershaw appointed non-executive director at Brooks Macdonald Group
LONDON: Brooks Macdonald Group announced the appointment of Dagmar Aspatria Kent Kershaw as a non-executive director, with effect from 1 July 2020. Ms. Kent Kershaw (aged 52) is Senior Advisor at Strategic Value Partners, Director of Aberdeen Smaller Companies Trust plc, and a Trustee of Laurus Trust. Ms. Kent Kershaw was formerly Head of Credit…
Liberty Global to present at the Bank of America Telecoms and Media Conference
DENVER: Liberty Global plc will be presenting at the Bank of America Telecoms and Media Conference on Tuesday, June 16, 2020. Liberty Global may make observations concerning its historical operating performance and outlook. Liberty Global is one of the world’s leading converged video, broadband and communications companies, with operations in 6 European countries under the…
Sterling Construction gets $97 million of contracts at Salt Lake City International Airport
HOUSTON: Sterling Construction Company’s subsidiary Ralph L. Wadsworth Construction LLC has been awarded three separate alternative delivery construction contracts by the Salt Lake City Corporation’s Department of Airports (SLCDA). The Salt Lake City International Airport projects total $97 million and are part of the airport’s Terminal Redevelopment Program (TRP). The projects consist of foundation work,…
Partnership integrates WLT software with ECHO Health’s payment processing system
WESTLAKE: ECHO Health Inc. (ECHO) has announced a partnership with WLT Software, an advanced benefits administration and claims adjudication provider, to include the integration of its WLT software with ECHO’s payment processing solutions. Today, the ECHO platform processes more than 200 million claims and over $40 billion in payments annually. ECHO’s patented solutions for consolidation,…
Tufin to present at Stifel 2020 Virtual Cross Sector Insight conference
BOSTON: Tufin, a company pioneering a policy-centric approach to security and IT operations, announced that Ruvi Kitov, CEO and co-founder, will present at the Stifel 2020 Virtual Technology Cross Sector Insight Conference, taking place on Wednesday, June 10. Tufin simplifies management of some of the largest, most complex networks in the world, consisting of thousands…
Macy’s Inc. raises approximately $4.5 billion in financing
NEW YORK: Macy’s Inc. announced the closing on approximately $4.5 billion of new financing, including its previously announced $1.3 billion of 8.375% senior secured notes, as well as a new $3.15 billion asset-based credit agreement. In addition, the company has amended and substantially reduced the credit commitments of its existing $1.5 billion unsecured credit agreement….
Gemspring’s Therma Holdings acquires Gilbert LLC
SAN JOSE: Therma Holdings, a portfolio company of Gemspring Capital, has acquired Minneapolis, Minnesota-based Gilbert LLC. Therma Holdings is a leading mechanical, electrical, plumbing and controls services company focused on designing, building, and servicing complex systems in mission-critical facilities. Gilbert is Therma’s fourth acquisition since partnering with Gemspring Capital. Gilbert, founded in 1978, is a…
Love Hemp appoints Dr. Sepe Sehati as Chief Scientific & Regulatory Advisor
LONDON: World High Life’s wholly owned subsidiary, London-based CBD brand, Love Hemp Limited, has appointed Dr. Sepe Sehati as Chief Scientific & Regulatory Advisor. Dr. Sehati is a healthcare innovator and a Fellow of the Royal Society of Medicine. A passionate advocate and practitioner of both critical thinking and tactical cross-pollination of disciplines, Sepe holds…
Realla launches CoTour to conduct real-time virtual tours
LONDON: Realla – a leading commercial property digital marketplace in the UK –launched CoTour, an online co-browsing tool to conduct real-time virtual tours. CoTour permits key decision makers – agents, owners, tenants, and investors – to meet and tour properties in real time, enabling business to be conducted virtually. The tool supports up to 20…
Lattice Biologics coverts debt into equity
BELGRADE: Lattice Biologics Ltd. has obtained TSX-V approval to issue 16.76 million common shares of the company to settle outstanding debt. Can$838,000 in debt held by Guy Cook has been converted to equity at a price of Can$0.05 per share and the debt has been extinguished. The common shares are subject to a four-month hold…