AUCKLAND, NZ: TradeWindow (NZX: TWL), a leading Australasian TradeTech company, has further expanded its reach into Southeast Asia to build on recent sales agency agreements in the Philippines and Thailand. The company has today announced a sales agency agreement with a leading Indonesian trade facilitator for government, ports, state-owned companies, banks, and the private sector…
The a2 Milk Company announces NZ$150 million on-market share buyback
AUCKLAND, NZ: The a2 Milk Company intends to undertake a capital return of up to NZ$150 million through an on-market share buyback. The buyback programme is expected to commence towards the end of September 2022 and may run for up to 12 months. The Company may acquire shares through the NZX and ASX at the…
Rio Tinto building a new aluminium recycling facility in Quebec with USD29mn
SAGUENAY, QUEBEC: Canada based aluminium producer, Rio Tinto is investing US$29 million (C$35 million) to build a new aluminium recycling facility at its Arvida Plant in Saguenay-Lac-Saint-Jean, Quebec. The facility will make Rio Tinto the first primary aluminium producer in North America to incorporate recycled post-consumer aluminium into aluminium alloys. It will expand its offering…
Jaywing Plc agrees to acquire Midisi Limited, a software development business
LONDON, UK: Jaywing Plc (AIM: JWNG), the marketing and data science business specialising in integrated marketing and risk and data consulting, has agreed to acquire Midisi Limited, a software development business. Midisi Limited owns the intellectual property rights for the ‘Decision’ software Jaywing currently sells under a licence arrangement. The Decision Software Decision is an…
ABC Fitness acquires Glofox
LONDON, UK: The Board of Octopus Titan VCT plc announced that ABC Fitness have acquired Zappy Limited (trading as Glofox). Glofox is a full stack software management platform (B2B SaaS) designed for gyms and fitness studios. Titan first invested in 2019 and participated in one further round of investment. Cumulatively, Titan invested £5.1m in the…
Do You Own An Assisted Living Facility? Here’s Some Important Advice
If you’re thinking of starting your own business, an assisted living facility may be a good option. This type of business can be profitable and satisfying, but it’s also a lot of work. Here are some things to keep in mind if you’re considering this type of venture or if you already own an assisted…
Mode Global secures FCA approval to add more tokens to its platform
LONDON, UK: Mode Global Holdings (LSE: MODE), the LSE-listed fintech group, has received confirmation from the FCA that Mode can add multi-tokens to the Mode App. Launching later this year, Mode will be gradually adding 10 new tokens to its platform for users to buy and sell. These are: Ethereum, Cardano, Solana, Polygon, British Pound…
The Market Herald is acquiring Gumtree Australia, Autotrader Australia and Carsguide
SYDNEY, AUSTRALIA: The Market Herald Limited (ASX:TMH) is acquiring Gumtree Australia, Autotrader Australia and Carsguide as part of the digital classified advertising expansion. Acquiring Gumtree, Carsguide and Autotrader Gumtree is an iconic brand and marketplace used by 1 in 3 Australians and 10 million households every month. With over 100,000 new listings every day, 3.5…
Johns Lyng Group announces retirement of Trevor Bright, acquisition of 44.5% equity interest in Bright & Duggan
SYDNEY, AUSTRALIA: Johns Lyng Group (ASX: JLG) announced the retirement of Bright & Duggan Executive Chairman, Trevor Bright, and completion of the acquisition of his 44.5% equity interest in the JLG subsidiary specialising in strata and building management (effective 25 August). The purchase price was $25.6m for the 44.5% equity interest comprising $15.4m in cash…
AVADA Group has acquired business and assets of Construct Traffic
SYDNEY, AUSTRALIA: AVADA Group Limited (ASX:AVD), the recently listed provider of traffic management control services in Australia, has completed the acquisition of the business and assets of Construct Traffic Pty Ltd as trustee for the Construct Traffic Unit Trust, trading as Construct Traffic. KEY HIGHLIGHTS: • Acquisition of a leading traffic management company in Victoria,…
DNO finds oil at Ofelia
OSLO, NORWAY: DNO ASA, the Norwegian oil and gas operator, today confirmed an oil discovery on the Ofelia prospect in the Norwegian North Sea license PL929 in which the Company holds a 10 percent interest. The well encountered a 73-meter oil column in Lower Cretaceous Agat Formation sandstones of moderate to good reservoir quality. Preliminary…
Everfuel signs MoU with Karlstads Energi for establishing a hydrogen hub
HERNING, DENMARK: Everfuel A/S announced the signing of a Memorandum of Understanding (MoU) with Karlstads Energi for a collaboration on developing a hydrogen hub in Karlstad, Sweden. The two parties plan to explore the commercial and technical feasibility of constructing a 20 MW electrolysis facility as a first phase of the hub development. The facility…