LONDON, UK: The Board of Alpha FMC announced that Luc Baqué, currently Global Head of Asset & Wealth Management Consulting at Alpha, is appointed Chief Executive Officer with effect from 1 April 2023. Alpha FMC (AIM: AFM) is a leading global provider of specialist consultancy services to the asset management, wealth management and insurance industries….
Jadestone Energy acquires remaining 10% interest in Lemang production sharing
SINGAPORE: Jadestone Energy plc, an independent oil and gas production company focused on the Asia-Pacific region, has acquired the remaining 10% interest in the Lemang production sharing contract onshore Indonesia. As a result, Jadestone’s interest (pre local government back-in rights) in the Lemang PSC has increased to 100%. The 10% interest has been acquired through…
Smartshares Limited to acquire QuayStreet Asset Management for $31.25 million
AUCKLAND, NEW ZEALAND: Smartshares Limited, a wholly owned subsidiary of NZX Limited has signed an agreement to acquire the management rights of QuayStreet Asset Management Limited from Craigs Investment Partners for total upfront consideration of $31.25 million. In addition, NZX has entered into a product support and distribution agreement with Craigs under which NZX and…
Philip Brown appointed Chairman of Greenfern Industries Limited
AUCKLAND, NZ: Philip Brown has been appointed Chairman of NZX listed medicinal cannabis company Greenfern Industries Limited. The role was vacated by Brent King who announced his resignation on 31 October 2022. Mr Brown holds a significant shareholding in and has been an independent non-executive director of the Company since 12 July 2021. “I am…
Invictus Investment procures fleet of refrigerated trucks
DUBAI, UAE: Invictus Investment (ADX: INVICTUS) announced the capital expenditure of AED 2.8 million to procure a fleet of over 8 refrigerated trucks to enable movement of perishable goods between Sudan, UAE and Saudi Arabia. The purpose-built vehicles will transport key items such as chilled meat of lamb, beef, and goat along with fruits. This…
Depa secures hospitality projects worth approximately AED 157 million
DUBAI, UAE: Depa Plc, the leading global interior solutions group, announced project awards worth approximately AED 157 million through Depa Interiors – Depa’s Middle East key business unit specialising in the provision of interior solutions to the hospitality, residential, commercial, and transport and civil infrastructure sectors. Depa Interiors secured a AED120 million hospitality package within…
Al Salam Bank and Visa sign exclusive partnership agreement
MANAMA, BAHRAIN: Al Salam Bank recently announced the signing of an exclusive partnership agreement with Visa, renewing its collaboration with the global payments technology company. This follows Al Salam Bank’s acquisition of select assets from Ithmaar Holding, including the consumer banking business of its wholly-owned subsidiary, Ithmaar Bank. The strategic agreement aims to provide enhanced…
Dubai Islamic Bank prices $750 million inaugural Sustainable Sukuk
DUBAI, UAE: Dubai Islamic Bank PJSC (DIB), rated A3 by Moody’s and A by Fitch successfully priced its inaugural Sustainable Sukuk – a landmark USD 750 million 5-year senior issue with a profit rate of 5.493% per annum representing a spread of 155bps over 5-Year US Treasuries. The Sukuk was issued in line with DIB’s…
BSA Limited sells APS Maintain business to CBRE Group for A$20 million
SYDNEY, AUSTRALIA: BSA Limited (ASX:BSA) has entered into an agreement to divest its APS Maintain business to CBRE Group Inc. for A$20 million in cash and subject to customary completion adjustments and third party consents. CBRE Group Inc. is a NYSE-listed Fortune 150 company and global leader in commercial real estate services and investments. The…
Xref acquires employee engagement platform, Voice Project
SYDNEY, AUSTRALIA: Global HR tech platform Xref Limited (ASX: XF1) has acquired employee engagement company Voice Project. This is the third and final piece of the Xref strategy to offer a comprehensive hire-to-retire solution for employers. Xref has established a leadership position in automated applicant reference checking. Last year, Xref launched its exit survey product,…
John Lorente appointed CEO of Big River Industries
SYDNEY, AUSTRALIA: Big River Industries (ASX: BRI) announces current Big River Industries executive, John Lorente will be appointed to the CEO role and Director effective 1 March 2023. John Lorente joined Big River Industries in early 2018 and is currently an Executive General Manager. John has been employed in the building products sector over a…
Alex Froment Curtil, Group Chief Commercial Officer, to leave Vodafone
LONDON, UK: Vodafone today announced a change to its Group Executive Committee. Alex Froment Curtil Group Chief Commercial Officer will leave Vodafone to return to France with his family for an external opportunity in another industry effective 31 December 2022. His successor will be announced in due course. Alex Froment Curtil joined Vodafone in 2004…