PERTH, AUSTRALIA: Peppermint Innovation Ltd (ASX: PIL), a fintech company that operates in the Philippines, has announced the acquisition of the ‘Application Modernisation’ business division from XPON Technologies Ltd (ASX:XPN), a software development company. The deal involves the purchase of two of XPON’s subsidiaries, Xpon Digital Limited and Holoscribe Australia Pty Ltd, which will be…
GenSight Biologics secures cash, advances regulatory and manufacturing plans for LUMEVOQ
PARIS, FRANCE: GenSight Biologics, a biopharma company that develops gene therapies for eye and brain disorders, announced today that it has secured enough cash to operate until mid-February 2024, thanks to cost-cutting measures and ongoing negotiations with some business partners and creditors. The company also revealed its regulatory and manufacturing progress for its lead product,…
Sure Global Tech signs a 100 million Riyal deal with the KSA Ministry of Investment
RIYADH: Sure Global Tech Co., a leading provider of technical solutions and services, announced that it has signed an open framework agreement with the Ministry of Investment, KSA, to develop the services and applications of technical investment systems. The agreement, which is worth 100 million Saudi riyals, will span four years and will include maintaining…
GULFNAV acquires Turkish Polimar Holding’s 40% stake in Gulf Navigation Polimar Maritime
DUBAI, UAE: Gulf Navigation Holding (GULFNAV), the Dubai Financial Market listed maritime and shipping company, has acquired 40% of the Turkish Polimar Holding Company’s stake in Gulf Navigation Polimar Maritime, which is specialized in the field of Maritime Agency Services. Thus, increasing its stake from 60% to 100%. This acquisition aims to increase revenues by…
Canadian Overseas Petroleum CEO John Cowan resigns
LONDON, UK: Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration, production and development company with production and development operations focused in Converse and Natrona Counties, Wyoming, USA, announced that John Cowan has resigned as the Chief Executive Officer of the Company but will remain on the board of directors of the Company…
IRIS Software Group secures co-controlling investment from LGP in £3.15bn deal
LONDON, UK: IRIS Software Group, a global leader in accountancy, payroll, HR and education software and services, has announced a co-controlling investment from LGP, a Los Angeles-based private equity firm, in a deal that values the company at around £3.15bn. The deal will support IRIS’s growth in the US market, where it already generates over…
TEAM plc to acquire Homebuyer Financial Services Limited (HBFS) for £2.4 million
LONDON, UK: TEAM plc has exchanged contracts to acquire the entire issued share capital of Homebuyer Financial Services Limited (HBFS), a Jersey based financial planning business, for total consideration of £2.4 million in cash. Founded in 1988, HBFS is an established Jersey based financial planning business advising local clients on investments, pensions and protection policies….
Why You Should Consider an Electric Motorcycle?
Electric motorcycles are not just a novelty or a fad. They are a smart and sustainable choice for anyone who loves riding on two wheels. Whether you want to buy, convert, or build your own electric motorcycle, you will find many benefits and advantages over conventional gas-powered bikes. In this blog, I will explain why…
How to Solve Problems Effectively: A Guide for Managers and Leaders
Problems are inevitable in life and work. No matter how much we plan ahead or anticipate the challenges, we will always encounter some difficulties that require our attention and action. Therefore, problem solving is a crucial skill for managers and leaders who need to deal with problems in their everyday tasks and projects. In this…
How to list your company on ASX
ASX is one of the world’s leading financial markets, with a total market capitalisation of over $3.5 trillion and an average daily turnover of $8.8 billion. Listing on ASX can provide your company with access to a large and diverse pool of capital, as well as a range of benefits and services that can help…
Step by step procedure of listing a company on AIM market of London Stock Exchange
AIM is a market for small and medium size growth companies, which provides them with access to a diverse set of investors and a supportive advisory community. Listing on AIM is the process of floating a company on the Alternative Investment Market (AIM), which is a sub-market of the London Stock Exchange (LSE) for smaller…
Phoenix Group to acquire a 25% stake in Lyvely Ltd
ABU DHABI: Phoenix INV Holdings, a wholly owned subsidiary of Phoenix Group PLC, has entered into a subscription and investment agreement dated 26th December 2023 to acquire a 25% stake in Lyvely Ltd. Phoenix Group is currently completing all required procedures to implement the said transaction. Lyvely Ltd is a company that provides a platform…