As part of their corporate refresh strategy, financial services support company Centrepoint Alliance (ASX: CAF) has significantly increased its service offering to clients via the acquisition of Enzumo, its clients and recurring revenue. The acquisition of Enzumo for $1.5m from Chant West Holdings (ASX: CWL) will accelerate Centrepoint’s new financial model whilst enhancing their technology
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With financial hardships brought upon as a result of COVID-19, debt management company Credit Intelligence (ASX: CI1) is set to expand their exposure to Australia’s high levels of personal debt via the 60% acquisition of debt negotiation business Chapter Two Holdings (CTH). Listing on the ASX in 2018 but primarily operating in Hong Kong’s credit
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Pharmaceuticals developer Acrux (ASX: ACR) is set to expedite commercialisation of its generic topical products in the United States via the appointment of TruPharma as their exclusive sales, marketing and distribution partner in America. The agreement will see TruPharma take over responsibility for getting Acrux products approved by the U.S Food and Drug Administration (FDA)
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Surveying and communications company Veris (ASX: VRS) continues to defy its small market capitalisation by adding to its recent slew of contract wins, today announcing extensions awarded from BHP Billiton (ASX: BHP) and OZ Minerals (ASX: OZL) as well as a new defence company – Cubic Defence. The total value of the contracts is $4.3
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Last week the Federal Court handed down a judgment which held that casual employees can be entitled to the same benefits permanent employees hold, such as paid personal leave and paid annual leave. Previously, the common understanding was that casual employees are not entitled to as many benefits under the National Employment Standards (NES) which
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Since making their music networking and data platform free in response to the music industry’s challenges brought upon by COVID-19, Jaxsta (ASX: JXT) has had more than 10,000 users sign up for Jaxsta Pro in the past month. As an initiative supported by leading industry labels, Jaxsta has been able to significantly increase its reach
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As world populations seek increased protection from airborne infections, advanced materials company First Graphene (ASX: FGR) has completed initial testing of their graphene as coating into protective equipment with excellent results. The testing was done in collaboration with planarTECH and their personal protective equipment (PPE) which confirmed anti-static and bacteria-resistant properties. With these results, planarTECH
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Envirotech developer and retailer SECOS Group (ASX: SES) continues to see support from City Councils for their compostable bags designed to divert organic waste from landfills with the City of Melville the latest to engage SECOS products. The contract valued at more than $600,000 annually, and with options to renew over the next 3 years,
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Fintech micro-investment firm Raiz Invest (ASX: RZI) is set to launch a new investment portfolio for customers and users of the Raiz app to invest loose change in Bitcoin, offering investors with exposure to cryptocurrency. The new portfolio, to be named Sapphire, has been specifically developed to meet demand from clientele who have continually expressed
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Wesfarmers (ASX: WES) has completed the first phase review of its iconic Target brand, confirming that its financial viability is not sustainable and that the majority of stores will be transformed into Kmart stores which better reflects the retail needs of Australian customers. The decision comes as Target has continued to see declining sales with
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