FORNEBU, Norway: Norwegian Air Shuttle ASA has announced the details of the restructuring plan and its intention to launch a public equity offering of up to NOK 400 million Reference is made to the stock exchange announcements from Norwegian Air Shuttle ASA dated 14 April 2020, relating to bondholder meetings to be held on 30…
Everbright Water Secures Ji’nan Zhangqiu Waste Water Treatment (Plant 4) PPP Project in Shandong Province
SINGAPORE: China Everbright Water Limited, an environmental protection company focusing on water environment management, has signed a PPP (Public-Private Partnership) project agreement with the Urban-Rural Water Bureau of Zhangqiu District of Ji’nan City to secure Ji’nan Zhangqiu Waste Water Treatment (Plant 4) PPP Project. The project commands an estimated investment of approximately RMB213 million. Pursuant…
Prisma bags management consulting contract for cryptocurrency payment gateway project
SINGAPORE: Forise International Limited, through its subsidiary Prisma Technologies Pte Ltd, has secured a contract to provide management consulting services to enhance the security of a payment gateway owned and operated by Denmark-based cryptocurrency trading firm Capverto. Over two phases spanning 26 weeks and 22 weeks respectively, Prisma Technologies will advise Chennai-based Trident Solutions FZE,…
NetCents recruits Marcus Laun as VP Corporate Finance
VANCOUVER: NetCents Technology Inc., a disruptive cryptocurrency payments technologies company, announced the recruitment of Marcus Laun as Vice President of Corporate Finance. Mr. Laun will be filling a newly created position of VP of Corporate Finance working with the CEO, Clayton Moore. His duties will include developing and managing a global network of financial services…
Graph Blockchain enters into sale and distribution of Personal Protective Equipment
TORONTO: Graph Blockchain Inc. has secured an opportunity to procure, sell and distribute Personal Protective Equipment (PPE). Graph has signed a nonbinding agreement on April 21, 2020 with Datametrex AI Limited that provides Graph a direct relationship with South Korean manufacturers of PPE and associated products. With this opportunity and introduction Graph will work toward…
Yü Energy launches new utility plans to support businesses through COVID-19
LONDON: Yü Group PLC, the independent supplier of utilities to the UK corporate sector, announced the launch of two new energy plans, specifically designed to help businesses during the current COVID-19 pandemic. The new plans, Assist and Agile, have been developed to address two of the key challenges facing businesses through this crisis. The Assist…
Gareth Samples becomes CEO of The Property Franchise Group
LONDON: The Property Franchise Group announced that Gareth Samples will formally be appointed to the Board as CEO with effect from 30 April 2020. Since the time of his appointment Gareth has been working alongside current CEO Ian Wilson, communicating with franchisees, participating in the recent final results investor roadshow and critically, forming strategy on…
Joe Oatley appointed Chairman of Carclo Plc
LONDON: Carclo plc announced that Joe Oatley has been appointed Chairman of the Board with immediate effect. Joe joined the Board as a Non-Executive Director and Chairman of the Remuneration Committee in July 2018. He is also currently a Non-Executive Director of Wates Group Limited and Centurion Group Limited and previously in his career was…
Lionel Chmilewsky appointed CEO of Corero Network Security
LONDON: Corero Network Security plc announced the appointment of Lionel Chmilewsky as an Executive Director and CEO Designate of the Company with effect from 1 May 2020. It is intended that Lionel will be appointed Chief Executive Officer of the Company on 1 July 2020, at which point Ashley Stephenson, Corero’s current Chief Executive Officer,…
Empire Metals to acquire 41% stake in Munni Munni Palladium Project in Australia
SYDNEY: Empire Metals Limited has entered into a Binding Heads of Agreement with ASX listed Artemis Resources Limited to acquire a 41% interest in the Munni Munni Palladium Project in the West Pilbara, Western Australia and has first right of refusal on a further 29% interest in the project. Mike Struthers, CEO, said: “This acquisition…
El Corte Inglés completes the sale of Iecisa to French group Gfi
MADRID: El Corte Inglés and the Gfi Group have completed a deal for Gfi to acquire 100% of the shares of Informática El Corte Inglés (Iecisa). After receiving the pertinent approval by competition authorities and the green light from the Spanish government, the El Corte Inglés board of directors authorised the sale. Gfi, which acquires…
BP confirms commitment to completing sale of Alaska business to Hilcorp
LONDON: The British Petroleum Company (BP) today confirmed its commitment to completing the sale of its Alaska business to Hilcorp, first announced in August 2019. Subject to regulatory approvals, the parties expect to complete the transaction in June 2020. Reflecting recent significant market volatility and oil price falls, BP and Hilcorp have successfully renegotiated the…