Codan acquires US defence firm in $21M deal
Codan (ASX:CDA) announced a binding agreement to acquire 100% of the intellectual property of US-based engineering firm Adaptive Dynamics.
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Codan (ASX:CDA) announced a binding agreement to acquire 100% of the intellectual property of US-based engineering firm Adaptive Dynamics.
PainChek (ASX:PCK) entered into binding agreements to raise $5.5 million through the issuance of unsecured convertible notes.
Rapid Critical Metals (ASX:RCM) commenced reverse circulation drilling at its flagship Webbs Silver Project.
Regulators in Hong Kong and Singapore are said to have sought clarity from Standard Chartered following CEO Bill Winters' "lower-value human capital" comments. Bloomberg's Avril Hong reports.
Coles (ASX:COL) and Brownes Foods Operations have each paid $39,600 in penalties following alleged breaches of the Dairy Code of Conduct.
Mayne Pharma (ASX:MYX) secured a legal victory, with the NSW Supreme Court ordering Cosette Pharmaceuticals to pay over $13.3M in legal costs.
Brandon Cho, Co-founder and CEO of custom AI semiconductor designer, SemiFive, discusses the company's 137-percent year on year surge in revenue in its first earnings release since listing on the Kosdaq in December. The Seoul based company says AI demand has driven production bookings up to 74-percent in the first quarter alone. He speaks exclusively with Haidi Stroud Watts on "Bloomberg: The Asia Trade".
Mitsuya Kishida, CEO of Nidec, says the company's recent financial performance is being bolstered by its data-center business, despite quality control and accounting problems at the supplier of electric motors. He says 'regaining trust' with customers is the firm's first priority. He speaks with Shery Ahn on "Bloomberg: The Asia Trade".
Many Peaks Minerals (ASX:MPK) secured commitments for a highly supported $27.5 million equity placement.
The Environmental Group (ASX:EGL) has issued a trading update, revising its financial guidance for the 2026 financial year.
Tuas (ASX:TUA) has terminated its high-profile sale and purchase agreement to acquire shares in M1.
Arafura Rare Earths (ASX:ARU) has launched a major $350 million two-tranche institutional placement.
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