LONDON: Samsung Electronics Co., Ltd., on March 16, 2022, announced the appointment of Kye Hyun Kyung as one of its Chief Executive Officers.
Tern Plc announces SVV Fund investment in RETìníZE
LONDON, UK: Tern Plc (AIM:TERN), the company focused on value creation from Internet of Things (IoT) technology businesses, notes that following the agreement for Tern to participate in the new Sure Valley Ventures UK Software Technology Fund, announced on 2 March 2022, the new SVV Fund has undertaken its first investment. The SVV Fund has…
Vimian Group AB acquires Avacta’s Animal Health Division
LONDON, UK: Avacta Group plc (AIM: AVCT), a clinical stage oncology drug company, announced that Vimian Group AB (Vimian.ST) has acquired the veterinary division of Avacta Group, Avacta Animal Health. Avacta has received an upfront payment of £0.9 million and will receive additional deferred consideration of up to £1.4 million dependent on the combined performance…
Stavely Minerals appoints Mark Mantle as Chief Operating Officer
SYDNEY, AUSTRALIA: Stavely Minerals Limited (ASX: SVY) announced the appointment of experienced mining executive Mark Mantle as Chief Operating Officer. Mr Mantle is a Mechanical Engineer with over 25 years of experience in all aspects of the mining industry including study, project and construction management. He has worked in Africa, South America, North America, Asia…
Westpac Group appoints Yianna Papanikolaou as Chief Transformation Officer
SYDNEY, AUSTRALIA: Westpac Group announced the appointment of Yianna Papanikolaou to the newly created position of Chief Transformation Officer. Ms Papanikolaou will sit on the Group’s Executive Team and report to CEO, Peter King. She will have responsibility for major change and investment programs and accountability for the CORE (Customer Outcomes and Risk Excellence) Program….
Arafura Resources gets $30mn funding under Modern Manufacturing Initiative
SYDNEY, AUSTRALIA: Arafura Resources Limited (ASX:ARU) has been awarded grant funding of $30 million under the Federal Government’s Modern Manufacturing Initiative (MMI) which will contribute to the construction of an $90.8 million rare earth separation plant at its Nolans Project (Nolans). The $1.3b MMI forms part of the Resources Technology and Critical Minerals Processing Roadmap…
Kongsberg Automotive wins contract worth EUR 58mn
OSLO, NORWAY: Kongsberg Automotive’s Fluid Transfer Systems (FTS) business unit has secured a contract worth EUR 58 million in estimated lifetime revenue and average annual revenue of EUR 14.5 million. The four-year contract covers Kongsberg Automotive’s Fluoro-Comp hose, and stainless-steel braided PTFE brake lines for a global automotive Tier 1 supplier based in North America….
Synergy Group completes POSTech acquisition
SYDNEY, AUSTRALIA: Synergy Group Limited (ASX: IS3) has completed the acquisition of 100% of the shares in POSTech International Pty Ltd. Commenting on the acquisition, Managing Director, Dato’ Lawrence Teo said: “We’re pleased to have completed the acquisition of POSTech, and we look forward to welcoming its employees, integrating its operations and serving its customers”….
Motio Limited acquires UK based Liquid Thinking Limited
SYDNEY, AUSTRALIA: Motio Limited (ASX: MXO) has acquired 100% of UK based Liquid Thinking Limited (owner of the Spawtz Software operated in Australia by Motio under license) which also operates through licensees in South Africa and New Zealand, a bourse filing noted. Liquid Thinking’s portfolio of customers and technology focusses on delivering end-to-end player registration,…
Has Beer Consumption Increased or Decreased over the last Few Years?
The global market for beer has increased considerably since the early 1990s, far outpacing wine and spirits. Barring dips during the 2008 global financial crisis, and the 2020 coronavirus lockdown, sales of alcoholic beer in the UK have been steadily climbing – and they’re projected to climb still further in 2022. Increased Lager Consumption Lager stands…
Voltalia sells a 33% of SSM1&2 solar plant in Brazil to STOA
PARIS, FRANCE: STOA, an investment fund specialized in infrastructure projects in developing and emerging countries, is acquiring a 33% equity stake in the SSM1&2 solar plant, Voltalia’s 320 megawatt solar power plant in Brazil. Voltalia is an international player in renewable energies. STOA has become a 33% shareholder in the company that owns the SSM1&2…
TerrAscend becomes 1st cannabis operator to launch retail app on Apple Store
TORONTO: TerrAscend Corp. (CSE: TER), a leading North American cannabis operator, launched The Apothecarium mobile retail app for Apple iOS devices. Available for download through the Apple App Store for customers in New Jersey and California. Users can now place orders for pickup at The Apothecarium dispensaries in Maplewood and Philipsburg, NJ, as well as…