SYDNEY, AUSTRALIA: ALS Limited (ASX: ALQ) announced that its CEO and Managing Director Mr Raj Naran has notified the Company that for personal reasons he has resigned, effective immediately, after 23 years of service with ALS, including 6 years as CEO and Managing Director. In accordance with the Company’s advanced succession plans, a global search…
Pentanet Limited signs agreement with Optus Mobile for cloud gaming
SYDNEY, AUSTRALIA: Pentanet Limited (ASX:5GG) has signed a Collaboration Agreement with Optus Mobile Pty Limited to deliver the NVIDIA GeForce NOW cloud gaming service to Optus customers. Pentanet Limited remains the exclusive distributor of the NVIDIA GeForce NOW cloud gaming service in Australia. This Agreement marks a significant milestone towards the Company’s goal of commercialising…
Suvo Strategic Minerals appoints Hugh Thomas as Chief Executive Officer
SYDNEY, AUSTRALIA: Suvo Strategic Minerals Limited (ASX: SUV) announced the appointment of Mr Hugh Thomas as Chief Executive Officer of the Company, commencing 1 April 2023. With over 35 years’ industry experience, Mr Thomas brings a strong mix of commercial and operational experience to Suvo Strategic Minerals, having held several executive positions across the natural…
Elior Group has signed agreement to acquire Derichebourg Multiservices
PARIS, FRANCE: Elior Group has signed an Investment Agreement and a Contribution Agreement with Derichebourg SA, regarding the proposed acquisition of Derichebourg Multiservices Group. This is a major milestone in creating a new contract catering and multiservices leader. This signing, which was unanimously approved by the Boards of Directors of Elior Group and Derichebourg Multiservices,…
Divisional CEO appointments to set stage for accelerated growth at Wolters Kluwer
AMSTERDAM: Wolters Kluwer, a leading software solutions and services provider, announced today three divisional CEO appointments that will set the stage for accelerated growth at the company. The appointments follow Wolters Kluwer’s strategic decision announced in February of this year to create a 5th division, Corporate Performance & ESG (CP & ESG). CP & ESG…
TPL Insurance and Takaful Bazaar partner to offer Shariah Compliant services
KARACHI, PAKISTAN: TPL Insurance Limited – Window Takaful Operations (WTO), one of the leading insurance providers in Pakistan, has partnered with Takaful Bazaar, an upcoming Takaful digital platform, to offer shariah-compliant services to customers. The partnership aims to promote and offer Shariah Compliant products and smooth the customer handling journey via technology enablement. At an…
All Information That Blockchain Developer Must Know
Blockchain technology is extremely cutting-edge. It is not improbable to imagine a future when it will be the focal point. A different version of blockchain was later introduced, each with its own distinct set of use cases. Blockchain was initially developed as a public permissionless system. Whereas private/permissioned blockchains are closed and partially or entirely…
SAUDIA launches “Your Ticket Your Visa” Service
RIYADH, KSA: SAUDIA, the national flag carrier of Saudi Arabia, has announced the launch of “Your Ticket Your Visa”. The first-of-its-kind service provides guests with even easier access to the Kingdom through a digital integration system that links transit visas with flight tickets. “Your Ticket Your Visa” service is introduced in collaboration with the Ministry…
Lloyds Banking Group makes investment in Ocula Technologies Holdings Ltd
LONDON, UK: Ocula Technologies Holdings confirmed that it has received new investment from Lloyds Banking Group and their Fintech Investment Team. Lloyds Banking Group’s investment is in the form of new equity capital and completes the funding round previously announced in November 2022. Less than two years since its formation, it values Ocula on a…
Capita agrees to sell its resourcing businesses to Inspirit Capital for £21mn
LONDON, UK: Capita plc has agreed to sell its resourcing businesses Capita Resourcing, HR Solutions and ThirtyThree to Inspirit Capital, for £21 million on a cash free, debt free basis. Capita expects to receive cash proceeds of £17m – which includes a deferred payment of c.£7m receivable by Capita on 30 November 2023. These businesses…
Foxtons acquires Atkinson McLeod Limited for £7.4 million
LONDON, UK: Foxtons Group announced the acquisition of Atkinson McLeod Limited for a consideration of £7.4m, adjusted for current assets less total liabilities at completion, which will be funded through the Group’s existing cash resources. Atkinson McLeod is a high-quality estate agent, operating in Central East London across four branches, with a strong lettings business…
Macfarlane Group acquires Suttons Performance Packaging for £9.0 million
LONDON, UK: Macfarlane Group announced the acquisition of A.E. Sutton Limited, trading as Suttons Performance Packaging, a specialist protective packaging manufacturing business based in Cambridgeshire. The earnings enhancing acquisition is in line with Macfarlane’s declared strategy of building its protective packaging business through a combination of organic and acquisitive growth. Founded in 1962, Suttons supplies…