Corporate Sector, Industry, Singapore Exchange, News Releases
LONDON: AstraZeneca Plc has agreed to sublicense its global rights to Movantik (naloxegol), excluding Europe, Canada and Israel, to RedHill Biopharma (RedHill). RedHill will make an upfront payment of $52.5 million to AstraZeneca on closing and a further non-contingent payment…
LONDON: Tesco PLC has announced the sale of its 20% share in Gain Land to a subsidiary of its joint venture partner, China Resources Holdings (CRH). Gain Land is the Chinese joint venture with CRH that was established in 2014. …
DUBAI: DP World PLC has announced the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners (MIP). MIP is a fund managed by the Macquarie Infrastructure and Real Assets (MIRA) division of Macquarie Group. The purchase consideration is below 2.5%…
LONDON, UK: Bunzl plc, the specialist international distribution and services group, has announced two further acquisitions in Brazil and Denmark. Medcorp, a distributor of healthcare related products based in Sao Paulo, was acquired at the end of January. It is…
LONDON: Frenkel Topping Limited, the specialist independent financial advisor and asset manager focused on asset protection for vulnerable clients, announced its IFA business has established a 50:50 joint venture with Horwich Cohen Coghlan Ltd (HCC), a law firm with a…
LONDON: InnovaDerma Plc, a UK developer of beauty/personal care and life science products, has announced the launch of Nuthing, a new brand and category in hair removal. Nuthing will initially be exclusively stocked in all of c.800 Superdrug stores from…
MELBOURNE: Clinuvel Pharmaceuticals is investing in the further expansion of its facilities in Singapore with new state of the art and expanded laboratories to open 1 July 2020. The research and development capacity of its wholly owned subsidiary, Vallaurix Pte…
SYDNEY: The Board of the Environmental Group Limited (EGL) announced the appointment of Andrew Arapakis as CEO of the Company effective as at 6th April 2020. Arapakis has held senior leadership positions for over 25 years across a variety of engineering,…
LONDON: Halma Plc, the leading safety, health and environmental technology group, has announced that it has acquired Maxtec, LLC, which is based in Utah, USA. The cash consideration for Maxtec is US$20 million (£15.3 million3), on a cash and debt…
LONDON: Myanmar Strategic Holdings, an independent developer and manager of consumer businesses located in Myanmar, is partnering with Liverpool John Moores University to provide high quality engineering training programmes for young, working professionals in Myanmar. The partnership with Liverpool John…
LONDON: The Board of Anglo American Platinum Limited, global mining company, has announced the appointment of Natascha Viljoen as CEO, with effect from 16 April 2020, following Chris Griffith’s decision to step down after more than seven years to pursue…
MANCHESTER: Yourgene Health, an international molecular diagnostics group, announced that its chemotoxicity diagnostics assay – Elucigene DPYD – which tests to identify cancer patients at risk of lethal side effects from chemotherapy, has been approved for sale in Australia by…