YOKOHAMA: For the 2019 full fiscal year, Nissan Motor Company has reduced its global vehicle sales forecast by 5.4% from the initial to 5.24 million units. Nissan is progressing steadily towards its business transformation and profit recovery. However, operating profit for the first half is behind the original plan. In addition, the yen has strengthened…
Blue and Queensland sign gas MOU for proposed Townsville Nickel refining project
BRISBANE: Blue Energy Limited has signed a non-binding MOU with Queensland Pacific Metals Pty Ltd (QPM) to facilitate supply of a portion of Blue Energy’s North Bowen Basin gas resources. QPM is a wholly owned subsidiary of Pure Minerals Limited, who is focussed on developing a battery chemicals refinery to produce nickel and cobalt sulphate…
PSC Insurance acquires Carroll Insurance for £3.4 million
SYDNEY: PSC Insurance Group has announced the acquisition and completion of Carroll Insurance Group (CIG), a direct and wholesale broking business, operating in the Lloyd’s and London markets. CIG was acquired for £3.4 million (A$6.3 million), excluding net assets; 70% of the consideration is payable in cash on completion (£2.4 million), with the balance after…
9 Spokes explores global collaboration opportunity with Visa
AUCKLAND: 9 Spokes, a leading marketplace and insights company to small businesses, has signed an addendum to its Collaboration Framework Agreement with Visa USA. Inc. enabling the parties to explore a potential opportunity to make the 9 Spokes platform and business app Marketplace available to Visa’s small business issuing clients and their SMBs worldwide. 9…
MyFiziq signs term sheet with Hong Kong based Fit Capital to integrate into Stryde Fitness App
HONG KONG: MyFiziq Limited has further expanded its reach into Asia signing a binding term sheet with Fit Capital, which will see the MyFiziq platform integrated into the multi-dimensional training platform, Stryde Fitness App. Stryde is focused on assisting its subscribers with setting goals using a goal setting algorithm and attaining those goals through engagement…
E2 Metals commences drilling at Conserrat Project in Argentina
MELBOURNE: E2 Metals Limited announced that drilling has commenced at the Conserrat Project in Santa Cruz province, Argentina. Approximately 2,500m of Reverse Circulation (RC) drilling is planned in up to 25 holes to investigate a series of outcropping vein and IP targets at five prospects spaced over a 2.5km by 4km area. The objective of…
Synertec successfully delivers Metro Trains Melbourne project
MELBOURNE: Synertec Corporation Limited has announced the successful achievement of Practical Completion of the advanced integrated control and monitoring system for fire and life safety in the Melbourne Underground Rail Loop (MURL). This project was awarded to Synertec in January 2018. The successful achievement of Practical completion of this project follows the design and commissioning…
Indoor Skydive launches new website and booking system
SYDNEY: Indoor Skydive Australia Group Limited has announced the launch of its new website and booking system across Australia. To deliver both the best customer experience, and the most efficient operating model, a single centralised website has been implemented in partnership with iFLY Australia, incorporating all 5 iFLY facilities, at www.iflyworld.com.au. Further synergies are also underway…
Viva acquires further two Healthworks locations in Queensland
QUEENSLAND: Viva Leisure Limited, a leading technology-focused Australian health club owner, has executed a binding sale and purchase agreement for two Healthworks Fitness Centres in Cleveland and Victoria Point, Queensland. The acquisition sees Viva Leisure expand its presence in the Queensland market and comes less than a month after Viva Leisure announced its previous acquisition…
InvoCare acquires Batemans Bay & Moruya District Funerals and Broulee Memorial Gardens
SYDNEY: InvoCare Limited has entered into two separate sales agreements to acquire the business and assets of Batemans Bay & Moruya District Funerals and Broulee Memorial Gardens located on the South Coast of NSW. The proposed acquisition is anticipated to complete by the end of November 2019. Batemans Bay & Moruya District Funerals (BBMDF) operates…
SER completes drilling at Saxby Gold Project
SYDNEY: Strategic Energy Resources (SER) announce that drilling has been completed at the Saxby Gold Project in Queensland. Vertical rotary-mud / diamond drill hole SXDD020 reached a final depth of 718.63m on 9 November 2019. SXDD020 did not deviate significantly in inclination. SER will sample 95m of core from SXDD020 which will be sent for…
iCar Asia completes acquisition of Carmudi Indonesia
KUALA LAMPUR: iCar Asia Limited, owner of ASEAN’s number 1 network of automotive portals, signed the long form documents and deed of shares transfer for the acquisition of 100% interest in Carmudi Indonesia. With the signing of these documents, the acquisition is deemed completed and iCar Asia will now proceed to the next steps of…