LONDON, UK: James Latham Plc has acquired the entire issued share capital of Dresser Mouldings (Rochdale) Limited, a specialised processor of timber and cladding products. The Company has acquired Dresser for £1 million. The consideration will be satisfied in cash from the Company’s existing resources. For the year ended 31 December 2018, the turnover of…
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
Salmat to sell marketing solutions business for $25 million
SYDNEY, AUSTRALIA: Salmat Limited has entered into an agreement to sell its Marketing Solutions business to a wholly-owned subsidiary of IVE Group Limited for $25 million cash. Under the terms of the agreement, completion is scheduled to occur on 1 January 2020, subject to the satisfaction of conditions precedent. As part of the transaction, IVE…
Live Company expands Nickelodeon partnership to international markets
LONDON: Live Company Group has reached an agreement for the expansion of the territories in which it can produce and exhibit themed tours associated with the Nickelodeon brand, including Nick Jr. as well as an update in respect of the Group’s BRICKLIVE Zoo programme. On 12 June 2019, the Company announced it had secured a…
Music technology company Jaxsta launches Jaxsta Pro
SYDNEY, AUSTRALIA: Music technology company Jaxsta has announced the launch of Jaxsta Pro (beta version), its paid business-to-business subscription-based service targeting music industry professionals. Jaxsta’s CEO and Co-Founder, Jacqui Louez Schoorl, said that the launch was a significant commercial milestone as the beta version of Jaxsta Pro is expected to generate the first revenues for…
Kin and Carta acquires Spire Digital for $14.8 million
LONDON: Kin and Carta plc has announced the acquisition of Spire Digital, Inc., a private US-based digital transformation (DX) consulting firm for a cash consideration of $14.8 million. The acquisition supports Kin + Carta’s stated ambition to grow both organically and through strategic acquisitions that complement its client offering and expand its geographic reach. It…
Calix Limited to join $150mn FBR-CRC as a key participant
SYDNEY, AUSTRALIA: Australian technology company Calix Limited will be joining the $150 million Future Battery Industries Co-operative Research Centre (FBI-CRC) after the official opening of its BATMn reactor for advanced battery materials by Senator David Van in Bacchus Marsh, Victoria. Calix has been invited to join the $150 million Future Battery Industries Co-operative Research Centre…
Playtech signs strategic partnership with Wplay
LONDON, UK: Playtech plc has signed a long-term structured agreement with Aquila Global Group SAS (Wplay), the operator of Wplay, Colombia’s leading gaming and betting brand. Under the agreement Playtech will become Wplay’s strategic technology partner delivering its omni-channel products together with operational and marketing services across the leading brand’s retail and online operations. The…
Angling Direct awarded at the Norfolk Business Awards 2019
LONDON: Angling Direct plc was named winner of the Outstanding Achievement Award at the Norfolk Business Awards, held on Thursday 21 November at the Norfolk Showground Arena. Angling Direct is the UK’s largest and fastest growing fishing tackle and equipment retailer. The prestigious event, organised annually by the Eastern Daily Press, is the highlight of…
Buddy Technologies enters into agreement to license its Powered by LIFX platform to Eastfield Lighting, Hong Kong
ADELAIDE, AUSTRALIA: Buddy Technologies Limited, a leader in IoT and cloud-based solutions, has entered into an agreement to license its Powered by LIFX platform to Eastfield Lighting (Hong Kong) Co., Limited. The agreement is a non-exclusive 10 year multi-product licensing agreement to build LIFX-compatible smart lights that contemplates a minimum of an initial 500,000 licenses…
Mark Allan to be next CEO of Land Securities Group
LONDON: Land Securities Group announced that Mark Allan is to be appointed as its next Chief Executive Officer (CEO). Mark Allan is currently Chief Executive Officer of St Modwen Properties Plc, a role he has held since 1 November 2016. He joined St Modwen Properties Plc from The Unite Group plc, where he was CEO…
PIA adds two Airbus A320 in its fleet
KARACHI: Pakistan International Airlines (PIA) has acquired two Airbus A320 aircraft on dry lease from ALAFCO Aviation Lease and Finance Company. The first aircraft reached Karachi on Thursday morning while the second A320 will be delivered to PIA by end of this year. CEO PIA Air Marshal Arshad Malik, Chief Operating Officer Aijaz Mazhar, Chief…
InfraStrata signs Memorandum of Understanding with Navantia of Spain
LONDON: InfraStrata plc has entered into a Memorandum of Understanding (MoU) with Navantia S.A., S.M.E., the Spanish shipbuilding company. This MoU is the first step towards formalising a Teaming Agreement with Navantia, under which, both companies will work together on a multitude of infrastructure and marine projects to take them to commercial fruition. InfraStrata is…