VANCOUVER: NewLeaf Brands Inc. has signed a non-binding Letter of Intent (“LOI”) with Mindleap Health Inc., pursuant to which NewLeaf Brands will acquire, by way of share exchange, 100% of all of the issued and outstanding securities of Mindleap, an arm’s-length company. Mindleap is an advanced digital health platform that helps people connect with mental…
Softlab9 Software Solutions enters LoI to acquire CleanGo GreenGo
VANCOUVER: Softlab9 Software Solutions Inc. has entered into a letter of intent to acquire CleanGo GreenGo Inc., a privately held Alberta company that is the developer of a long lasting disinfectant technology that is eco-friendly and biodegradable. The final structure of the transaction will be determined by the parties following the receipt of tax, corporate…
TRACEsafe signs agreements with Kuwait, another Southeast Asian country
TORONTO: TRACEsafe Technologies Inc. has entered into advanced pilot stage programs for its TRACEsafe technology with Kuwait and an additional Southeast Asian country. The Southeast Asian country (unnamed at this time under confidentiality obligations) is using TRACEsafe original hardware and software packages to manage self-quarantine. Kuwait is utilizing TRACEsafe hardware to deploy an innovative safety…
Media Central launches AdCentralDirect, an in-house mobile and cross-channel demand side platform
TORONTO: Media Central Corporation Inc. today announced the launch of AdCentralDirect (ACD) an in-house mobile and cross-channel demand side platform (DSP) agency that connects digital advertising inventory through one interface. AdCentralDirect is expected to be operational in June 2020. AdCentralDirect will immediately provide brands access to advertising inventory on the digital platforms of MediaCentral’s iconic…
Nearly nine million U.S. consumers have joined Afterpay platform
SAN FRANCISCO: Afterpay, the leader in “Buy Now, Pay Later” payments, announced that there are now more than five million active shoppers in the U.S. using the service at Afterpay merchant partners. Afterpay now has nearly nine million U.S. consumers who have joined the platform, including more than one million new customers using the platform…
MTI Wireless Edge pursues continued expansion into the Chinese market
LONDON: Mottech Water Solutions Ltd, a provider of wireless irrigation control solutions, has signed an agreement to acquire its joint venture partner’s 40% holding in a joint venture it established in China in 2017 (Mottech China). Following this acquisition, Mottech China is now a fully owned subsidiary of the Company. As announced in 2017, Mottech…
CDC Data Centres to develop two world-class data centres in New Zealand
WELLINGTON: Infratil Limited announced that CDC Data Centres (“CDC”) is expanding into New Zealand. CDC is a state of the art Data Centre colocation provider delivering world class enterprise facilities and services. CDC intends to develop two world-class hyperscale data centres on development sites in Auckland, New Zealand with capacity in the near term up…
Stobart Group Limited sells Eddie Stobart and Stobart brands
LONDON: Stobart Group, the aviation and energy group, announced that its wholly owned subsidiary Stobart Group Brands LLP has sold the Eddie Stobart and Stobart trademarks and designs to Eddie Stobart Logistics for a total consideration of £10 million. Stobart Group will change its name prior to February 2021. However, there are a number of…
Samsung Galaxy S20+ is top 5G smartphone model in US in Q1 2020
BOSTON: According to the latest research from Strategy Analytics, Samsung Galaxy S20+ 5G was the bestselling 5G smartphone model in the United States in the first quarter of 2020, capturing an impressive marketshare of 40 percent. Ken Hyers, Director at Strategy Analytics, said, “US 5G smartphone shipments reached a total of 3.4 million units in…
Cromwell closes sale of 50% of 475 Victoria Avenue, Chatswood
BRISBANE: Real estate investor and manager, Cromwell Property Group, has today the sale of a 50% stake in 475 Victoria Avenue, Chatswood to a private fund managed by BlackRock for $120 million. The sale represents another practical example of Cromwell’s ‘Invest to Manage’ strategy, which involves investing capital to acquire or develop assets, creating new…
IP Group sells 12.25m shares in Ceres Power
LONDON: IP Group plc, the developer of intellectual property-based businesses, has sold 12.25 million ordinary shares in Ceres Power Holdings plc at a price of 425 pence per share. Following completion of the sale, which was conducted through an accelerated bookbuild by Berenberg as sole bookrunner, IP Group will continue to hold approximately 9.4 million…
Etalon Group delivers Shchastye v Kuskovo project
MOSCOW: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced the delivery of the Shchastye v Kuskovo project, located in the Eastern administrative district of Moscow. The project has a total NSA of 6 ths sqm, including 5 ths sqm of residential area. Schastye v Kuskovo is a modern 11-storey…