LONDON: Abcam Plc, a global innovator in life science reagents and tools, announced the acquisition of the entire issued share capital of Marker Gene Technologies (MGT). Financial terms of the acquisition have not been disclosed and are expected to have a minimal impact on revenue and earnings in the current financial year. Following the recent…
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Corporate Sector, Industry, Singapore Exchange, News Releases
Tony Hadley appointed COO of Vital Metals
SYDENY: Vital Metals has announced that. Tony Hadley has been appointed as Chief Operating Officer of the company. Vital Metals Limited is an explorer and developer focussing on rare earths, technology metals and gold project across a range of jurisdictions in Canada, Africa and Germany. Regarded as one of the world’s leading experts in rare…
iCraft launches graphene cosmetic face mask
LONDON: iCraft has launched graphene cosmetic face mask featuring Haydale graphene nano-platelets. iCraft is a KOSDAQ listed company whose primary business designs, develops, and provides internet network integration products. iCRAFT also develops innovative products in wider sectors such as health and beauty. Haydale Graphene Industries has supplied graphene to iCraft since May 2019 for development…
Okamoto licenses VivaGel antiviral condom in Asian countries
MELBOURNE: Starpharma Holdings Limited announced that following the successful launch of the VivaGel antiviral condom by Okamoto Industries in Japan, Okamoto has sought an expansion to its licence territory for the VivaGel condom. As a result, Starpharma has granted Okamoto marketing rights to a further 11 countries in Asia which include South Korea, Indonesia, Malaysia,…
Mitr Phol to acquire Olam’s remaining 50% stake in Indonesian sugar joint venture
SINGAPORE: Global food and agri-business Olam International has entered into an agreement to sell its remaining 50.0% equity stake in Indonesian sugar joint-venture Far East Agri to its joint venture partner Mitr Phol Sugar Corporation for a total consideration between US$82.5 million and US$85.0 million. The consideration was arrived at on a willing buyer-willing seller…
Arendals Fossekompani launches green-tech group, Volue
ARENDAL: Industrial investment company Arendals Fossekompani has grouped its portfolio companies including Powel, Scanmatic, Markedskraft and Wattsight in a new international growth company named Volue, which would increase yield and reduce carbon footprint of customers in the European energy sector, whilst preserving its mission to accelerate digitalisation across other industry verticals. “We are proud to…
Mowi collaborates with Alphabet’s innovation engine to make salmon farming more sustainable
BERGEN: Mowi, world’s leading seafood company, works with Tidal, X’s ocean health and sustainably team, to test and research new technologies. Over the last three years, Mowi has been researching and testing a new sensing system developed by Tidal at Alphabet’s X. After an extensive research and development period involving field testing and data collection,…
Location Sciences announce global master service agreement, partnership with Horizon Media
LONDON: Location Sciences, the location data verification company, has entered into a global master service agreement with one of the largest global advertising holding companies. This follows the recent signing by the Company of a framework agreement with Horizon Media Inc., the world’s largest independent media agency, which represents another significant step towards increased market…
BBC Studios and Escape Hunt launch new Doctor Who game
LONDON: Escape Hunt plc, a leading operator of escape rooms in the fast-growing experiential leisure sector, has announced the launch of a brand-new escape room experience with BBC Studios. A Dalek Awakens will be the second Doctor Who game to be launched, adding to the growing portfolio of proprietary games developed by Escape hunt and…
Xeros Technology agrees to sell US business
LONDON: Xeros Technology Group, the developer and provider of water saving and filtration technologies with multiple commercial applications, has agreed to sell its four US Marken specialist cleaning sites. Subject to closing conditions, completion is expected to take place by the end of March. The sale of these sites completes the Company’s planned transition to…
APQ Global acquires a US based corporation, Delphos International
LONDON: APQ Global has acquired the entire issued share capital of Delphos International, Ltd., a US based Corporation. In consideration to the shareholders of Delphos for the acquisition, the Company will pay an upfront amount of $1.5 million in cash. In addition to the Upfront Payment, APQ shall potentially make up to three earn-out payments…
Pekka Lundmark appointed President and CEO of Nokia
ESPOO, FINLAND: Nokia’s Board of Directors has appointed Pekka Lundmark as President and Chief Executive Officer of Nokia. Lundmark is expected to start in his new role on September 1, 2020. Lundmark is currently President and CEO of Fortum, a leading energy company based in Espoo, Finland, where he consistently delivered robust total shareholder returns,…