LONDON, UK: Xaar plc, the leading inkjet printing technology group, has acquired Megnajet Ltd and Technomation Ltd, whose businesses trade together under the name of Megnajet. Post acquisition it is intended that the businesses of Megnajet Ltd and Technomation Ltd will be merged and the combined business will continue trading under the Megnajet name. Megnajet…
Mode Global Holdings appoints Rita Liu as Chief Executive Officer
LONDON, UK: Mode Global Holdings (LSE: MODE), the LSE-listed Fintech Group, announced the appointment of Rita Liu as Chief Executive Officer (CEO) with immediate effect. For over a decade Rita Liu has held leadership roles at fintech giant Alipay in Asia, the US, Canada and was CEO in the UK before joining the Mode board…
BW LPG sells very large gas carrier, BW Trader
SINGAPORE: BW LPG Limited announced today the sale of Very Large Gas Carrier (VLGC) BW Trader. BW Trader was built in 2006 and has a carrying capacity of 78,631 CBM. The sale and delivery of the vessel to its new owner for further trading is expected to be completed by March 2022 and when completed,…
Main Event Entertainment acquires three family entertainment Centres in Colorado
SYDNEY, AUSTRALIA: Main Event Entertainment Inc. has completed an asset acquisition of three family entertainment centres in Colorado operating as ‘The Summit’. The total contractual purchase price (net of sale and leaseback proceeds) is approximately US$26 million and is funded with existing available liquidity at Main Event. The three centres, located within the Denver and…
BikeExchange Limited completes acquisition of BECOL
SYDNEY, AUSTRALIA: BikeExchange Limited (ASX: BEX) has completed the acquisition of the remaining 50% of the share capital of BikeExchange Colombia S.A.S (BECOL) for AUD $1.24 million in a majority equity transaction. This follows the announcement in January 2022 that BikeExchange had signed a non-binding indicative offer to acquire the remaining 50% of BECOL it…
Carbon Transition sells seismic node on a rope business for $12 million
OSLO, NORWAY: Carbon Transition ASA has signed an agreement to sell company’s seismic node on a rope business to Magseis Fairfield ASA. “In light of Carbon Transition’s new strategic direction, we believe our node on a rope operation will be more optimally utilized as a part of the Magseis Fairfield system and thereby maximize the…
Neurotech International appoints Dr Alexandra Andrews as Chief Executive Officer
SYDNEY, AUSTRALIA: Neurotech International Limited (ASX: NTI) announced the appointment of Dr Alexandra Andrews as Chief Executive Officer, effective from 8th March 2022. Dr Andrews holds a Doctor of Philosophy (PhD) in Neuroscience from the University of Western Australia. She brings expertise in corporate development, investor engagement, product development and commercialisation, clinical trials and regulatory…
Gabriel Chiappini appointed CEO of Black Dragon Gold Corp
SYDNEY, AUSTRALIA: Black Dragon Gold Corp. (ASX: BDG) announced the appointment of Mr Gabriel Chiappini as Chief Executive Officer (CEO). Gabriel has had a number of leadership roles within mining companies and has extensive capital markets’ experience over a number of years including being an advisor to Cygnet Capital, Executive Chairman and having managed and…
Tern Plc joins British Business Bank in a new venture capital fund
LONDON, UK: Tern Plc, the company focused on value creation from technology businesses, has agreed to join the British Business Bank (BBB) and other investors in a new venture capital fund, the Sure Valley Ventures UK Software Technology Fund (New SVV Fund). The principal investor in the New SVV Fund is the British Business Bank,…
Tern Plc
Tern Plc (AIM: TERN) is the company focused on value creation from Internet of Things (IoT) technology businesses. It backs companies with proven technology, based in the UK but with global ambition. The management team has a strong track record of unlocking opportunities in the USA for UK companies. Company predominantly support software companies which…
Schroder participates in Epsilogen’s £30.75 million Series B funding round
LONDON, UK: Schroder UK Public Private Trust has made a £3.0 million investment in leading immunoglobulin E (IgE) antibodies developer, Epsilogen, as part of its £30.75 million Series B funding round. The round was led by a new investor, Novartis Venture Fund, and joined by new investors 3B Future Health Fund, British Patient Capital and…
Laurence Hollingworth appointed Chair at Clarkson Plc
LONDON, UK: Clarkson Plc, world’s leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, announced that Laurence Hollingworth has been appointed Chair with immediate effect. Laurence joined the Clarksons Board in July 2020 and brings extensive experience in the capital markets and a strong understanding of the broking environment…