LONDON: Mail.ru Group Limited announced the publication of its first ESG Report, for the year ended 31 December 2019. “The decision to prepare a separate ESG report is a logical step in Mail.ru Group’s continuous efforts to improve the economic, social, and environmental aspects of our operations and is a reflection of our commitment to…
Kingswood acquires Sterling Trust Financial Consulting for £17.75mn
LONDON: Kingswood Holdings Limited, the international wealth and investment management group, has completed the acquisition of Sterling Trust Financial Consulting Limited (Sterling Trust), a high quality IFA business, which operates from headquarters in Hull, Yorkshire and four satellite offices in Darlington, Newcastle, Sheffield & York. The business has been acquired for a cash consideration of…
LondonMetric Property announces £73 million worth of property of acquisitions
LONDON: LondonMetric Property Plc announced two acquisitions for a total consideration of £72.9 million. Both transactions had previously been identified by the Company at the time of its recent equity placing. Through a £62.0 million sale and leaseback, LondonMetric has acquired a portfolio of five food stores let to Waitrose on new 20 year leases…
Sese Power receives licence to export 225MW of power
PERTH: African Energy Resources Ltd announced the Sese Power (Pty) Limited has received the Generation Licence documentation for the Sese Power Project from the Botswana Energy Regulatory Authority (BERA). The Generation Licence allows the Sese Power Project to export and sell 225MW of power for 15 years to Kalumbila Minerals Limited and Kansanshi Mining Plc…
S&P reaffirms Meridian Energy’s BBB+ corporate credit rating
PERTH: Ratings agency Standard & Poor’s has reaffirmed Meridian Energy’s corporate credit rating as BBB+/Stable/A-2. This includes the current one-notch uplift from the Company’s stand-alone rating of ‘bbb’, reflecting the majority ownership of the New Zealand Government.
Foresight Energy announces Bankruptcy Court confirmed its reorganization plan
SAINT LOUIS: Foresight Energy LP announced that the United States Bankruptcy Court for the Eastern District of Missouri has issued an order confirming Foresight’s chapter 11 plan of reorganization. The plan provides for the reduction of over $1 billion of Foresight’s existing indebtedness and the elimination of approximately $94 million of Foresight’s anticipated annual cash interest…
Blair Naughty appointed Great Thunder Gold’s new President & CEO
VANCOUVER: Great Thunder Gold Corp. welcomes Blair Naughty as its new President, CEO and director. Mr. Naughty has over 30 years of experience as a Securities Broker, a Capital Market Professional, as a Venture Capitalist, a Founder of several companies, and has gained experience in all facets of the private and public markets. He started…
FansUnite merges with Askott Entertainment to create one of Canada’s leading gaming companies
VANCOUVER: Victory Square Technologies’ portfolio company FansUnite Entertainment Inc. and Askott Entertainment Inc. announced entering into a definitive agreement on June 22, 2020 to combine in an at-market merger, creating one of Canada’s leading gaming companies. Under the terms of the Agreement, FansUnite will acquire all of the outstanding securities of Askott by way of…
Link Global to provide 6MW electricity to Block One for their digital currency mining operations
VANCOUVER: Link Global Technologies Inc., an innovative power and infrastructure solutions provider for digital mining and data hosting operations, announced that its phase one development of power in Alberta is fully subscribed through agreements with Block One Technologies. According to the terms of these Agreements, Link will provide Block One with 6 megawatts (MW) of…
Xtraction Services announces name change to XS Financial Inc.,
LOS ANGELES: Xtraction Services Holding Corp., a specialty finance company engaged in equipment leasing in the United States, announced a name change to XS Financial Inc. Effective at the start of trading on Friday June 26,2020, XS Financial Inc. will commence trading on the Canadian Securities Exchange under the new ticker symbol “XSF”. The new…
ST group to open 10 new F&B outlets by september 2020
SINGAPORE: ST Group Food Industries, an established Food and Beverage (F&B) group headquartered in Australia, announced that it will open 10 new outlets, expanding F&B operations across the Group’s key geographical markets of Australia, New Zealand and the United Kingdom by September 2020. Five of these outlets will be owned and operated by the Group…
Singtel officially awarded licence; eyes nationwide 5G rollout 5G licence
SINGAPORE: Singtel is officially awarded the 3.5GHz and the millimetre wave spectrum as part of the 5G licence issued by the Infocomm Media Development Authority. This paves the way for Singtel’s nationwide 5G rollout that will not only massively boost the quality of connectivity of its services but set the stage for extensive digital innovation…