SYDNEY, AUSTRALIA: Aware Super has entered into an agreement to acquire an additional 24.9 per cent interest in the Lendlease Retirement Living Trust, having purchased an initial 25 per cent interest in March 2021. The acquisition, for a consideration of $4901 million, is expected to complete today. Upon completion, Aware Super will hold a 49.9…
SHAPE Australia acquires modular construction business, KLMSA for$10.7mn
SYDNEY, AUSTRALIA: SHAPE Australia has entered into a contract to acquire a 100% interest in KLMSA, a modular construction business based in Kinglake, Victoria. The total consideration is circa $10.7 million. The transaction is anticipated to be completed in the next 24 hours and will be funded through a 3 Year Amortising Term Loan Facility….
Talga Group commissions Electric Vehicle Anode qualification plant in Sweden
SYDNEY, AUSTRALIA: Talga Group Ltd (TLG:ASX) has commissioned its Electric Vehicle Anode qualification plant in Luleå, Sweden. The EVA, understood to be Europe’s first Li-ion battery anode plant, will produce large scale commercial samples of Talga’s coated active anode material for battery customer qualification. The now operational plant was commissioned on time and within budget….
XRG launches virtual reality training solution for global law enforcement market
SYDNEY, AUSTRALIA: xReality Group Limited (ASX:XRG) announced the launch of Operator LE, Virtual Reality Training Solution for the global law enforcement market. Operator LE allows Police and Law Enforcement Officers (LEO’s) to train operational tactics and procedures within a portable, virtual reality environment. Complimenting existing training methods, the virtual reality system allows officers to train…
Oracle Power forms joint venture for green hydrogen project in Pakistan
LONDON, UK: Oracle Power Plc (AIM:ORCP), the international natural resources project developer, has entered in to a joint venture agreement with the Private Office of His Highness Shaikh Ahmed Dalmook Al Maktoum (represented through Kaheel Energy FZE, a wholly owned free zone company incorporated under the laws of Dubai, UAE), with the objective of advancing…
ABB signs agreement with Savannah as plans progress for zero emission lithium project in Europe
LONDON, UK: Savannah Resources plc, the European lithium development company, has signed a Memorandum of Understanding (MoU) with global technology leader ABB in connection with the previously announced Decarbonisation Study for the construction and operation of Savannah’s Barroso Lithium Project in northern Portugal. Savannah is undertaking a Definitive Feasibility Study (“DFS”) for the construction of…
Production commences at the Lubu Coking Coal Project
LONDON, UK: Contango Holdings Plc, the London listed natural resource development company developing the Lubu Coking Coal Project in Zimbabwe and the Garalo-Ntiela Gold Project in Mali, confirmed that production commenced at the Lubu site on 29 March 2022. Production is underway on Block 2, which was selected given the high-quality coking coal found at…
Transfer of Romanian property asset to Arcona Property Fund N.V.
LONDON, UK: Secure Property Development & Investment PLC (AIM: SPDI), the AIM-quoted South Eastern European focused property company, is pleased to announce the transfer of a 21.2% stake in Lelar Holdings Limited to Arcona Property Fund N.V. (‘Arcona’) in exchange for the issue to SPDI of 315,668 new shares in Arcona and 76,085 warrants over…
Gaming Realms goes live with Loto-Québec
LONDON, UK: Gaming Realms plc (AIM: GMR), the developer and licensor of mobile focused gaming content, is pleased to announce that it has gone live with Loto-Québec in the Canadian province of Quebec, which has a population of approximately 8.5m people. Loto-Québec, a State corporation, is the only regulated operator of igaming in Quebec. Gaming…
Ebiquity plc buys Swedish-based Media Path Network AB for £15.5 million
LONDON, UK: Ebiquity plc announced the proposed acquisition of Media Path Network AB, a Swedish-based multi-national media consultancy, for a consideration of £15.5 million. In order to finance the MediaPath acquisition, to accelerate organic and inorganic growth of the enlarged business and to strengthen its balance sheet, the company intends to carry out sales of…
GPE acquires 7/15 Gresse Street & 12/13 Rathbone Place, W1
LONDON, UK: Great Portland Estates (GPE) announced the acquisition of the long leasehold interest at 7/15 Gresse Street and 12/13 Rathbone Place, W1, for £36.5m (£847psf, 5.6% NIY). The building has been home to the Fashion Retail Academy since 2005, which will remain in occupation until the precise timing for its relocation to a larger…
Telstra announces Vicki Brady as new CEO
LONDON, UK: Vicki Brady will be the new Chief Executive Officer of Telstra replacing Andrew Penn who has today announced his intention to retire after serving more than seven years in the role. Vicki who is currently Telstra’s Chief Financial Officer will officially take over as CEO on 1 September 2022 and will work with…