HIGH POINT: Bien-Etre Labs LLC, a nutraceutical development company, announced the appointment of Steve P. Prescott to the position of President of the company. Steve’s impeccable stewardship assisted DuPont through the successful launch of over 100 new products between 2013 and 2017, and since May of 2017, he has demonstrated strong leadership in both mature…
Maestrano wins Innovate UK – Network Rail competition
LONDON: Maestrano Group PLC, the machine learning platform for transport corridor asset monitoring, announced that its wholly owned subsidiary Corridor Technology Limited has been selected for a fully funded trial of its automated rail corridor gauging technology for Network Rail. The trial has been awarded as a result of a Small Business Research Initiative (SBRI)…
Good Energy Group makes strategic investment in Zap-Map
LONDON: Good Energy Group Plc, the 100% renewable electricity supplier and innovative energy services provider, has exercised its right to increase its equity stake in Zap-Map’s parent company, Next Green Car Ltd (NGCL). Following the transaction, Good Energy will have a 50.1% majority stake in NGCL. Zap-Map is the go-to app for the UK’s fast…
ReNeuron signs new exosome research collaboration
LONDON: ReNeuron Group plc, a UK-based global leader in the development of cell-based therapeutics, has signed a new research evaluation agreement with a major US biotechnology company in connection with the use of the Company’s proprietary exosomes for the delivery of novel gene silencing therapeutics. This latest research collaboration will focus on the use of…
Sealand and Tenet to create a path for foreign merchants sell their goods and services into Chinese market
LONDON: Sealand Capital Galaxy Limited has formed a joint venture company, Tengwuyang Holdings Limited, together with Tenet. The purpose of Tengwuyang is to create a new path for foreign merchants to sell their goods and services into the Chinese market. Tenet is a subsidiary of Tencent – DaiYueWang, a certified MCN (Multi Channel Network) institution….
Mail.ru Group publishes its first ESG report
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…