LONDON, UK: The Board is pleased to announce that HICL has entered into an agreement to dispose of its entire equity interests in the University of Sheffield Accommodation Project for a consideration of c. £18m. Proceeds from the sale represent a small premium to the Company’s last audited valuation at 31 March 2023, which has…
Atalaya Mining plans to move to the Main Market and leave AIM
LONDON, UK: Atalaya Mining Plc (AIM: ATYM) has announced its intention to apply for a premium listing on the Main Market of the London Stock Exchange plc, and to stop trading on the AIM market. Atalaya is a leading European copper producer, which is a key metal for economic growth and the energy transition. Atalaya…
Carr’s Group announces leadership changes and results date
LONDON, UK: Carr’s (CARR.L), the Speciality Agriculture and Engineering group, has revealed some changes to its leadership team, as well as the date for its annual results. As announced earlier, Peter Page, the current Chief Executive Officer, will leave the Board and the Company on 17 November 2023. He will be succeeded by David White,…
Dar Global announces expansion into Saudi Arabia
LONDON, UK: Dar Global, the luxury international real estate developer, is strategically expanding its geographical presence to include Saudi Arabia given several promising opportunities that have been presented and which are currently being evaluated by the management team. The Group will continue to focus on its strategy of delivering high-end, bespoke investment opportunities to affluent…
Midwich Group agrees to acquire prodyTel Distribution Gmbh for upto £18.7 million
LONDON, UK: Midwich Group (AIM: MIDW), a global specialist audio visual distributor, has entered a binding agreement to acquire prodyTel Distribution Gmbh, a distributor of professional audio and technical solutions products based near Nuremberg, Germany. The deal will be funded from Midwich’s existing facilities and is expected to be earnings enhancing in the first full…
ANZ reports record revenue and profits, CEO Shayne Elliott shares insights
SYDNEY, AUSTRALIA: Shayne Elliott, the CEO of ANZ, revealed the bank’s exceptional financial performance, highlighting record-breaking revenue and cash profit. This accomplishment, according to Elliott, underscores the inherent strength within the institution. He emphasized the pivotal role played by the four key divisions at ANZ—New Zealand business, Institutional, Australia Retail, and Australia Commercial—in driving impressive…
Gulf International Bank achieves record results in the past decade with 141% growth in net income
DUBAI: In the third quarter of 2023, the Gulf International Bank’s dedication and commitment to achieving strategic objectives resulted in a remarkable 255% increase in net profit attributable to the Bank’s shareholders, totalling $41.2 million for the quarter, surpassing the previous year’s $11.6 million for the same period. This outstanding achievement is primarily a result…
Seven West Media acquires strategic equity interest in ARN Media Limited
SYDNEY, AUSTRALIA: Seven West Media Limited (ASX: SWM) has acquired a 14.9% shareholding in ARN Media Limited (ASX: A1N) as a strategic equity investment in the media sector. Seven West Media has also entered into a cash-settled equity swap with Barrenjoey Markets Pty Limited relating to a further 5.0% of A1N. SWM has existing and…
Aurum Resources acquires PlusOr Global and its gold project in Côte d’Ivoire
SYDNEY, AUSTRALIA: Aurum Resources Limited (AUE) has announced that it has signed a binding agreement to buy PlusOr Global Pty Ltd, a company that has a stake in a gold project in Côte d’Ivoire. The deal will give AUE access to the Boundiali Gold Project, which is located in a highly prospective greenstone belt in…
OmegaX Inc agrees to acquire Pivotal Systems Corporation for $18 million
SYDNEY, AUSTRALIA: Pivotal Systems Corporation (ASX: PVS), a leading provider of innovative gas flow control (GFC) solutions to the semiconductor industry, has entered into a definitive agreement to be acquired by OmegaX Inc, a California corporation. Pivotal will be de-listed from the ASX. The transaction values Pivotal Systems at approximately US$18 million. The transaction is…
Central Petroleum sells 50% interest in Range Gas Project
SYDNEY, AUSTRALIA: Central Petroleum Limited (ASX:CTP) has sold its 50% interest in the Range Gas Project (ATP 2031) in Queensland’s Surat Basin to a wholly owned subsidiary of Senex Energy Pty Ltd, for A$12.5 million by way of a sale of Central’s wholly owned subsidiary, Central Petroleum Eastern Pty Ltd (“CPE”). The transaction is not…
How to Invest in Dividend Stocks in Uncertain Times
If you are looking for a way to invest in the stock market that can provide you with steady income and lower risk, you may want to consider dividend stocks. Dividend stocks are stocks that pay out a portion of their earnings to shareholders on a regular basis. In this blog post, I will explain…