LONDON, UK: East Imperial PLC, the global purveyor of super-premium beverages, announced today that an agreement has been reached to supply the prestigious Hong Kong-listed Galaxy Entertainment Group, Macau’s leading hotel and casino operator. Galaxy Entertainment Group (SEHK:27) is listed on the Hong Kong Stock Exchange and has a market capitalisation of approximately US$25bn. Galaxy…
Alliance Pharma appoints Camillo Pane as new Chair
LONDON, UK: Alliance Pharma plc, the international healthcare group, has announced that Camillo Pane will take over as the new Chair of the Board on 19 February 2024, replacing Jo LeCouilliard who led the company’s transition from a Prescription Medicines business to a fast growth Consumer Healthcare company. Camillo Pane has over thirty years’ experience…
Naked Wines appoints Rodrigo Maza as new Group Chief Executive Officer
LONDON, UK: Naked Wines announced the appointment of Group Chief Executive Officer (Designate), Rodrigo Maza. Maza, Naked’s UK Managing Director since September 2023, will work side-by-side with Rowan Gormley, Executive Chairman, over the next several months to ensure a successful transition, after which he will assume the Group CEO role permanently and Rowan will resume…
MA Financial buys Melbourne hotel for $96m, launches new fund
SYDNEY, AUSTRALIA: MA Financial Group, a global alternative asset manager, has purchased a large-scale hotel in Melbourne for $96 million, marking the launch of its new fund that targets the accommodation hotel sector. The hotel, formerly owned by Singaporean real estate group Hiap Hoe Limited, will be operated by TFE Hotels under its Vibe Hotels…
Metcash Limited acquires Superior Food, Bianco Construction Supplies and Alpine Truss
SYDNEY, AUSTRALIA: Metcash Limited, the largest wholesaler and distributor of food to independent businesses in Australia, has announced the acquisition of three businesses that will boost its growth and diversification. The company will buy Superior Food, a leading foodservice distribution business, for up to $412.3m; Bianco Construction Supplies, a construction and industrial supplies business, for…
Red 5 Limited and Silver Lake Resources merge to create a leading gold producer
SYDNEY, AUSTRALIA: Red 5 Limited and Silver Lake Resources Limited have announced a merger deal that will create a diversified and profitable gold producer with operations in Australia and Canada. The merger will be implemented through a scheme of arrangement, under which Red 5 will acquire all the shares in Silver Lake. Silver Lake shareholders…
Arafura Rare Earths appoints new CEO to lead rare earths project
SYDNEY, AUSTRALIA: Arafura Rare Earths Limited (ASX: ARU) has announced the appointment of Darryl Cuzzubbo as its new Managing Director and Chief Executive Officer, effective immediately. He replaces Gavin Lockyer, who will leave the company after a short handover. Mr Cuzzubbo has been a non-executive director of Arafura since November 2021 and has been providing…
Ryan Kolln becomes new CEO of Appen, a leading AI company
SYDNEY, AUSTRALIA: Appen Limited (ASX:APX), a global leader in high-quality data for AI, announced today that Ryan Kolln, the former Chief Operating Officer, has been appointed as the new Chief Executive Officer and Managing Director, effective from 5th February 2024. He replaces Armughan Ahmad, who has stepped down from the role. Ryan Kolln has over…
Frugl Group appoints new CEO and CFO
SYDNEY, AUSTRALIA: Frugl Group Limited (ASX: FGL), a data analytics company, has announced the appointment of its new Chief Executive Officer (CEO), Mr Ken Tovich, effective from 12 February 2024. Mr Tovich has over 30 years of experience in various industries, including agriculture, finance, and banking. He was previously the Head of International Sales at…
Metarock Group appoints new CEO and Managing Director
SYDNEY, AUSTRALIA: Metarock Group Limited (ASX: MYE), a diversified mining services company, has announced the appointment of Mr Jeffrey Whiteman as its new CEO and Managing Director. Mr Whiteman has been leading the Group’s turnaround plan as Interim CEO since June 2023, after joining as CFO in November 2022. He has successfully resolved several legacy…
Chorus spending $40m to expand fibre network to 10,000 more premises
SYDNEY, AUSTRALIA: Chorus, the largest telecommunications infrastructure company in New Zealand, has announced its plans to extend its fibre broadband network to another 10,000 premises by FY25. The company has submitted an update to the Commerce Commission, the regulatory authority for the telecommunications sector, regarding its proposed investment for the next four years. The fibre…
Solutions acquires 40% stake in Devoteam Middle East for AED 726.3 million
RIYADH: solutions, the leading provider of internet and communications services in Saudi Arabia, announced on Thursday that it has completed the acquisition of 40% of Devoteam Middle East, a regional leader in digital transformation consulting and solutions. The deal, which was approved by the General Authority for Competition (GAC) in November 2023, was valued at…