LONDON, UK: Active Energy, the London quoted international biomass based renewable energy business, announced that trading in the company’s ordinary shares begun on the OTCQB Venture Market, in the United States, under the ticker symbol “ATGVF”. Trading on the OTCQB will have no direct impact on the trading of Active Energy’s existing Ordinary Shares on…
Angolan Sovereign Wealth Fund invests $10mn in Pensana Plc
LONDON, UK: Pensana Plc announced that Fundo Soberano de Angola (FSDEA), the Angolan Sovereign Wealth Fund, will make a further equity investment in the company of US$10.0 million. These funds will be directed towards the Longonjo project’s early works programme which is now underway, including: Establishment of the construction camp, site offices and associated infrastructure ahead of…
FD Technologies appoints Ashok Reddy as CEO of KX
LONDON, UK: FD Technologies (AIM: FDP.L) announces the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating. With an established track record of building and growing global technology businesses, Reddy joins KX at an optimal moment, with growth in annual recurring revenue accelerating and the signing of…
A Guide To Understanding The Different Ways To Earn Cryptocurrencies
If you’re a newcomer to cryptocurrencies, figuring out a way to earn them can be challenging. Sure, you can use “traditional” currency to buy it, but that’s not the only option out there. If you’re looking for a way to earn cryptocurrency without making a purchase, you’re in the right place. This guide will help…
Atomos Limited appoints Trevor Elbourne as CEO
SYDNEY, AUSTRALIA: Atomos Limited (ASX: AMS) announced the appointment of interim Chief Executive Officer (CEO) and Chief Technology Officer (CTO), Trevor Elbourne, to the position of Chief Executive Officer, effective immediately. Trevor was appointed interim CEO in April 2022 and successfully launched the Company’s new cloud-based products and services shortly after that. He is based…
Core Lithium appoints Gareth Manderson as new CEO
SYDNEY, AUSTRALIA: Core Lithium Ltd (ASX: CXO) announced the appointment of experienced and well-credentialed Mr Gareth Manderson as the Company’s new Chief Executive Officer, succeeding Stephen Biggins who announced his resignation as Managing Director in March. Mr Manderson has 28 years’ experience in the mining and minerals sector and joins Core Lithium after having served…
Meezan Bank & Arif Habib Group sign partnership for apartment development
KARACHI, PAKISTAN: Arif Habib Group (AHG), and Meezan Bank Limited (MBL) have entered into a strategic partnership to jointly develop and sell apartment towers at Naya Nazimabad. This collaboration will allow customers to opt for the Shariah Compliant Home financing services offered by MBL. MBL has entered into a Musharakah Agreement with Globe Residency REIT…
Lindian Resources appoints Alistair Stephens as CEO
SYDNEY, AUSTRALIA: Lindian Resources Limited (ASX: LIN) announced the appointment of Alistair Stephens as Chief Executive Officer, effective from Monday 8 August 2022. The appointment follows Lindian’s recent announcement that it has agreed terms to acquire a 100% interest in Rift Valley Resource Developments Limited, a Malawi company that owns the globally significant Kangankunde Rare…
Are You A Property Manager? Here’s Some Important Advice
Property management is a rather rewarding career, but it’s also quite challenging. Besides having to be familiar with the laws related to property ownership and rental, being responsible for all building maintenance, attending to tenants’ needs, and managing communications between landlords and tenants, a good manager also needs to remain up to date with all…
Renold Plc has acquired Industrias YUK for €24 million
LONDON, UK: Renold Plc, a leading international supplier of industrial chains and related power transmission products, has acquired the entire issued share capital of Industrias YUK S.A. for a total cash consideration of €24 million. Highlights Established in 1964, YUK is a Valencia-based, manufacturer and distributor of high quality conveyor chain (“CVC”) and ancillary products….
Phoenix Group Holdings has acquired Sun Life UK for £248 million
LONDON, UK: Phoenix Group Holdings has acquired Sun Life UK, a closed book UK life insurance company, from Sun Life Financial Inc. for cash consideration of £248 million. This equates to an attractive price to shareholder Own Funds ratio of 83%1, in line with the Board’s disciplined approach to the deployment of shareholder capital. The…
Remgro and SAS Shipping jointly acquiring Mediclinic for £3.7 billion
LONDON, UK: Manta Bidco Limited, a newly formed company owned by Remgro Limited and SAS Shipping Agencies Services, will acquire Mediclinic. The acquisition values the entire issued and to be issued ordinary share capital of Mediclinic at approximately £3.7 billion and an implied enterprise value of approximately £6.1 billion. Under the terms of the acquisition,…