News And Announcements
Mercia's nDreams wins multi-million contract with VR company
National investment group Mercia Technologies announced on Thursday that investee company nDreams has won a multi-million dollar contract with an unnamed virtual reality technology company.
MySQUAR soft launches cross-border remittance service
Myanmar-language social media, entertainment and payments platform MySQUAR announced the soft launch of its cross-border remittance service, the initial offering on its mobile money platform, on Thursday.
RA International secures five-year contract for two camps in Somalia
Remote location services provider RA International Group has secured a “significant” new five-year contract for the electrical works and construction of power infrastructure for the United Nations Support Office and African Union Mission in Somalia camps, both in Somalia, it announced on Thursday.
SkinBioTherapeutics achieves 'significant' manufacturing scale-up
Skin health-focussed life science company SkinBioTherapeutics updated the market on Thursday, reporting that it had now achieved “significant” manufacturing scale up with its third party manufacturer, with no detrimental impact upon the active properties of the ‘SkinBiotix’ technology.
VR Education to launch Titanic gaming experience
Virtual reality technology company VR Education announced the launch its “highly anticipated” immersive gaming experience Titanic VR on Thursday, which would be available for the PC, Oculus, HTC Vive and Windows Mixed Reality platforms from 1400 BST.
Range Resources begins sales facilities upgrade at Beach Marcelle
International oil and gas company Range Resources updated the market on its Trinidad operations on Thursday, reporting that it has commenced the sales facilities upgrade as part of its ongoing infrastructure modernisation activities at the Beach Marcelle field.
Petards wins £2.7m contract with Bombardier
AIM-listed software developer Petards has been awarded a contract worth more than £2. 7m to supply Bombardier with its eyeTrain systems.
Atlantia warns investors over Genoa bridge disaster
Shares in Atlantia fell more than 25% on Thursday as the company warned that Italian government plans to revoke its motorway concession in response to Monday's Genoa bridge collapse could hit investors.
Grainger appoints Tom Henry as national acquisitions director
FTSE 250 residential landlord Grainger has appointed Tom Henry as national acquisitions director.
Chemring wins $93m contract with US Department of Defence
Chemring's US subsidiary has been awarded a $93m contract to refurbish and refresh the US Department of Defence's fleet of Husky vehicles, which are used to detect mines.
John Wood elevated to CEO in InfraStrata executive shuffle
Natural gas storage capacity developer InfraStrata announced a change of chief executive officer on Thursday, as part of a restructuring of its executive team, which the board said would put the company in “good stead” as it progressed through to the end of front-end engineering and design (FEED) through final investment decision (FID) and into the construction phase.
Aminex founder Hall to leave chair at end of month
Aminex confirmed on Thursday that Brian Hall would step down as chairman with effect from 31 August.
BigDish gobbles up Philippines restaurant app Looloo
Restaurant yield management platform operator BigDish has completed the acquisition of Looloo, a web and app-based restaurant and travel discovery business focused in the Philippines, it announced on Thursday.
Pan African pours first gold at Elikhulu
Pan African Resources announced the inaugural gold pour at its Elikhulu tailings retreatment plant on Thursday.
Abzena agrees to be taken over by US private equity firm WCAS
Abzena has agreed to be taken over by US private equity firm WCAS in a £34. 4m deal.
M&S deploys smart customer contact system from Twilio
Cloud communications platform Twilio announced on Thursday that Marks & Spencer has selected it to power its customer communications across 640 locations and 13 UK-based contact centre hubs.
RHI Magnesita H1 profits up; too early to gauge steel tariff impact
Refractory products maker RHI Magnesita on Thursday said first half earnings before interest, tax and amortisation increased to €229m from €62m.
Rank CEO unveils transformation plans as profits tank
Annual profits at Rank Group fell more than 40% as a challenging year for Grosvenor Casinos offset better balls for the Mecca bingo business.
CareTech agrees to buy Cambian for up to £372m
Social care services group CareTech has agreed to buy rival Cambian for either 190p per share in cash or 100p per share in cash and 0. 267 shares.
On the Beach buys Classic Collection Holidays, reassures on full year
On the Beach announced the acquisition of Classic Collection Holidays for £20m on Thursday, as it said it continues to expect adjusted pre-tax profit for the year to be in line with management's expectations.