SYDNEY: Murray River Organics Group Limited (MRG) has secured two new contracts with a major Australian supermarket retailer worth approximately $15 million over two years. MRG has been focused on growing its relationships in the Australian retail market and this new deal is a key milestone in achieving the new strategy launched in 2019. MRG’s…
ASX supports ASIC’s steps to ensure equity market resiliency
PERTH: Australian Securities Exchange (ASX) supports the steps Australian Securities and Investments Commission (ASIC) has announced to ensure stability and resiliency across the industry. ASX Managing Director and CEO Dominic Stevens said: “The action is sensible and measured. Recent trading volumes on both ASX and Chi-X have been unprecedented. This has presented operational challenges for…
Singapore Exchange rolls out S$5mn care package to provide support amid COVID-19
SINGAPORE: As part of broader efforts to reinforce Singapore’s resilience as global marketplace, Singapore Exchange (SGX) has rolled out S$5 million care package to provide support and relief measures amid the COVID-19 outbreak. To be given out over a period of 12 months, the SGX Care Package comprises a S$1.5 million contribution to national healthcare-support…
TGS and Fairfield to acquire new high-resolution 3d seismic survey in Delaware Basin
ASKER, NORWAY: TGS and Fairfield Geotechnologies have agreed to acquire a new multi-client survey within the previously announced Area of Mutual Interest (AMI) established between the two companies in June 2018. TGS provides multi-client geoscience data to oil and gas exploration and production companies worldwide. In addition to extensive global geophysical and geological data libraries…
Increased sales demand from China in response to COVID-19
BEIJING: LiDCO, a leading supplier of hemodynamic monitoring company, announced that its Chinese distribution partner Beijing Gloryway Medical Company recently sold a small number of monitors in Wuhan, China as a direct response to the COVID-19 virus outbreak. A number of LiDCOrapid monitors had already been installed in the city prior to the COVID-19 outbreak….
Marlowe acquires MOH for £3 million
LONDON: Marlowe plc, the services group focused on developing companies which assure safety and regulatory compliance, has acquired Managed Occupational Health Limited (MOH), for an enterprise value of up to £3 million. Established in 2004 and headquartered in Norwich, MOH is a leading national provider of occupational health services. MOH employs approximately 70 staff, including…
Bunzl acquires UK based safety business Bodyguard Workwear
LONDON: Bunzl plc, the specialist international distribution and services Group, has acquired a further safety business in the UK. Bodyguard Workwear, which is based in Birmingham, is engaged in the distribution of safety workwear and other personal protection equipment, principally to end user customers operating in the rail sectors in the UK and Ireland. Revenue…
Ben Verwaayen appointed Non-Executive Chairman of Renewi
LONDON: Following Colin Matthews’ decision to step down as Chairman, Renewi Group has appointed Ben Verwaayen as Non-Executive Chairman. Ben will join the Board and succeed Colin as Chairman with effect from 1 April 2020. Ben Verwaayen has been CEO for a number of companies, including Alcatel-Lucent SA and BT plc. He held the position…
Euromoney owns Fastmarkets, with the acquisition of Census Commodity Data
LONDON: Euromoney Institutional Investor PLC, the international information services provider of essential information to global and specialist markets, announced the acquisition of 100% of Census Commodity Data, primarily operating through its brand AgriCensus and serving as a Price Reporting Agency (PRA) for the global agricultural commodity markets. Founded in 2017, AgriCensus is a small investment-stage…
UKCM completes £30 million sale of Motor Park in Portsmouth
LONDON: UK Commercial Property REIT Limited (UKCM) has sold Motor Park in Portsmouth, a multi-use asset predominantly comprising of seven car showrooms, to Glasgow City Council for £29.8 million. The sale price represents a 3% discount to the December 2019 valuation and provides UKCM with additional capital to invest in markets with strong underlying fundamentals,…
Bushveld Minerals sings agreement with redT to form a vanadium financing partnership
LONDON: Bushveld Minerals Limited, which owns high-grade vanadium assets in South Africa, has signed a joint venture agreement with redT energy plc to form a Vanadium Financing Partnership to supply vanadium electrolyte to be used in third party-owned Vanadium Redox Flow Batteries (VRFBs) projects developed by redT. The financing partnership is in line with Bushveld…
Barminco set for Canada debut with $200mn Hemlo contract
PERTH: Perenti, a diversified global mining services group, announced its subsidiary, hard-rock underground miner Barminco, has received a letter of intent from Barrick to provide underground contract mining services at Barrick’s Hemlo Mine, located in the Marathon mining district of northwestern Ontario, Canada. Under the proposed three-year, approximately $200 million mining services contract, Barminco will…