LONDON, UK: Coro Energy announced that in anticipation of and in preparation for achieving Ready to Build status in the Company’s two 100MW Philippines renewables projects, the company has restructured its arrangements with its partners in country, increasing its dividend entitlement. The Company has two development stage renewables projects in the Philippines, a 100MW solar…
Bestway Group has acquired 3.45% of Sainsbury’s issued share capital
LONDON, UK: Bestway Group announces it has acquired or agreed to acquire a total of 80,792,512 shares in Sainsbury’s, representing 3.45% of Sainsbury’s issued share capital. Bestway Group intends to hold its shares in Sainsbury’s for investment purposes and looks forward to supporting the executive management team. Bestway Group may look to make further market…
Galantas Gold Corporation has acquired exploration and developments rights to Gairloch Project
TORONTO, CANADA: Galantas Gold Corporation has entered into an agreement to acquire a 100% interest and the exclusive rights to explore and develop the Gairloch Project, a 217 km² mineral licence area in Scotland that covers the Gairloch Schist Belt from the owners of the Gairloch Estate lands. Galantas Gold Corporation has acquired exploration and…
Cipherpoint raises $750,000 to drive further growth
SYDNEY, AUSTRALIA: Cipherpoint Limited [ASX:CPT] announced the successful completion of a capital raise by way of placement to sophisticated and professional investors. The Company has received applications for 150 million shares at $0.005 raising $750,000 from investors, many of whom are existing top shareholders in the Company. In addition to the placement shares issued, the…
K-TIG signs agreement to acquire Graham Engineering for £18 million
SYDNEY, AUSTRALIA: K-TIG Limited has entered into a binding agreement to acquire 100% of Graham Engineering Limited (GEL). In connection with the acquisition, the company intends to raise $20 million at an issue price of $0.20 per fully paid ordinary share pursuant to a public offer. K-TIG will pay up to £18 million in consideration…
Mode Global initiates wind-down of customer operations for Fibermode, JGOO, Greyfoxx
LONDON, UK: Mode Global Holdings Board has made the decision to initiate wind-down of customer operations for Fibermode Ltd, JGOO Ltd and Greyfoxx Ltd. Mode had announced in January 2023 that the Group had been unsuccessful in sourcing funding. It is a challenging time in the crypto market and the Group has faced considerable headwinds…
Elivia Homes acquires award-winning homebuilding firm Millwood Designer Homes
LONDON, UK: Elivia Homes announced the acquisition of Millwood Designer Homes from Places for People Group. The deal will see Elivia expand into East Sussex and Kent with Millwood Designer Homes becoming its third region which, over time, will rebrand to Elivia Homes. Elivia Homes launched its new brand identity and corporate strategy in April…
Toyota Motor Corporation announces changes to its executive structure
TOYOTA CITY, JAPAN: Toyota Motor Corporation (TMC) intends to implement changes to its executive structure effective April 1, 2023, and changes to its Board of Directors effective the date of its 119th Ordinary General Shareholders’ Meeting. Accordingly, Takeshi Uchiyamada will resign from his post as Chairman of the Board of Directors. Akio Toyoda will be…
Visa and WIZZIT sign MoU to launch tap to phone in Pakistan and Levant
KARACHI: Visa signed an MoU with WIZZIT to bring innovative payment solutions to Pakistan. According to the MOU, Visa will invest in adding new payment solutions through the WIZZIT mobile app that will provide, low cost, seamless and secure payment solutions including Tap to phone services for merchants and SMEs across the country for the…
Anglo American loads first LNG dual-fuelled vessel in chartered fleet
LONDON, UK: Anglo American announces that its newly launched LNG dual-fuelled Capesize+ vessel, the Ubuntu Harmony, has loaded its first cargo of iron ore from its Kumba operations in South Africa. The vessel is the first of ten LNG dual-fuelled new-build ships that Anglo American will introduce to its chartered fleet during the course of…
LSL Property Services sold its London Estate Agent Marsh & Parsons for £29 million
LONDON, UK: LSL Property Services announced the sale of its London Estate Agent Marsh & Parsons (Holdings) and its subsidiaries to a subsidiary of Dexters London Limited. The consideration is £29 million on a cash free debt free basis, payable in cash at completion, subject to normal working capital adjustments. For the 2021 financial year,…
JLEN has acquired 33% equity stake in Foresight Hydrogen Holdco GmbH (FHHG)
LONDON, UK: JLEN, the listed environmental infrastructure fund, has acquired 33% equity stake in Foresight Hydrogen Holdco GmbH (FHHG). Foresight Hydrogen Holdco GmbH (FHHG) holds a 75% stake in HH2E Werk Thierbach GmbH, a Special Purpose Vehicle which owns the development rights to the Thierbach green hydrogen project (“Thierbach”), a large green hydrogen production plant…