LONDON: Zenith Energy Ltd., an oil & gas production company focused on African development opportunities, announced that it is in advanced discussions to establish a commercial PPE manufacturing enterprise, specifically protective face masks, in the United Kingdom to combat the COVID-19 pandemic. Rationale Zenith recognises the unprecedented challenges posed by the COVID-19 pandemic to populations…
Senior plc announces contract extension with MTU Aero Engines
LONDON: Senior plc, an international manufacturer of high technology components and systems, announced that its Aerospace Division secured a contract extension with MTU Aero Engines for the supply of Pratt & Whitney Geared Turbofan engines airfoils. This is a dual source arrangement from Senior Aerospace Thailand and Senior Aerospace Weston, UK which provides optimum risk…
Ironridge resumes drilling at Zaranou Gold Project
LONDON: IronRidge Resources Limited, the African focussed minerals exploration company, reported the commencement of a second phase drill programme at the Zaranou Gold Project in Côte d’Ivoire. The license borders with Ghana and is along strike from significant operating gold mines including Chirano (5Moz), Bibiani (5.5Moz) and Ahafo (17Moz). Commenting on the Company’s latest progress,…
PSI Software Group books Euro 96mn worth of order in first quarter of 2020
BERLIN: Despite the emerging Corona crisis, the PSI Software Group, with 96 million euros in the first quarter of 2020 (March 31, 2019: 97 million euros), almost reached the record new orders of the same quarter of the previous year. The order book volume on March 31, 2020 was, at 187 million euros, 2% above…
Norwegian Air Shuttle plans public equity offering of up to NOK 400 million
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…