Purchase price is the consideration, which acquiring party pays for an investment. The purchase price includes any commission and the transaction costs. Purchase price becomes the investor’s cost basis for calculating gain or loss when selling the investment. The weighted average cost is used for multiple purchases of the same security. Purchase prices is a…
LONDON: GSTechnologies Limited, the integrated information and communication technology infrastructure solutions provider, has signed a Memorandum of Understanding (MOU) with Wise MPay Pte Ltd with a view to enhancing it’s blockchain and new technology development capabilities. In order to facilitate the Company’s plans to focus on new higher growth synergistic business areas focussed on blockchain…
LONDON: MobilityOne Limited announced that MobilityOne Sdn Bhd, the Group’s wholly owned operating subsidiary in Malaysia, has entered into an agreement to acquire the entire issued share capital of Tanjung Pinang Resources Sdn Bhd. TPR’s principal business activities are to provide money-changing and remittance agent services in Malaysia. TPR holds a money changing licence from…
SYDNEY: Splitit Payments Ltd., a global payment solutions provider, has signed a multi-year agreement with global payments technology company, Mastercard Incorporated to accelerate the adoption of Splitit’s installment solution around the world. Splitit mentioned the agreement is for an initial five (5) year term. Either party can terminate the agreement at the end of the…
LONDON: Zenith Energy Ltd., the listed international oil & gas production company focused on pursuing African development opportunities, has made payment for a total of $250,000 to Kuwait Foreign Petroleum Exploration Company K.S.C.C (KUFPEC), a subsidiary of the State of Kuwait’s national oil company, in relation to the acquisition of a 22.5% working interest in…