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Carmanah Technologies Corp (CMH.TO)

CMH.TO on Toronto Stock Exchange

4.20CAD
28 Apr 2017
Change (% chg)

$-0.05 (-1.18%)
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Latest Key Developments (Source: Significant Developments)

Carmanah to acquire Ekta branded products and contracts from Cybernetica AS
Tuesday, 29 Nov 2016 09:04am EST 

Carmanah Technologies Corp : Carmanah to acquire ekta branded products and contracts from cybernetica as . Carmanah technologies corp - purchase price will be eur1.35 million . Carmanah technologies corp - purchase price will be paid by way of eur1 million in cash on closing and eur0.35 million on first anniversary of closing . Carmanah technologies - carmanah, through a wholly owned estonian subsidiary, will acquire intellectual property rights to all ekta products .Carmanah technologies - management control of new estonian subsidiary will be effected by management of co's other marine business, sabik marine oy.  Full Article

Carmanah to divest its power division
Tuesday, 11 Oct 2016 05:44pm EDT 

Carmanah Technologies Corp : Carmanah announces intent to divest its power division . In Q3, company will be accounting for division as a discontinued operation . Carmanah Technologies Corp - in Q3, company will be accounting for division as a discontinued operation . says has retained Canaccord Genuity Corp. To advise on divestiture of Go Power .Carmanah Technologies Corp says separately, Alexander Capital Group Inc. Has been retained to advise on divestiture of Carmanah Solar EPC.  Full Article

Globalstar and Carmanah sign strategic agreement
Tuesday, 30 Aug 2016 04:15pm EDT 

Carmanah Technologies Corp : Globalstar and Carmanah sign strategic agreement .Collaboration is being initiated immediately and first products are expected to be ready for market in mid-2017.  Full Article

Globalstar and Carmanah sign strategic agreement
Tuesday, 30 Aug 2016 04:15pm EDT 

Carmanah Technologies Corp :Globalstar and Carmanah sign strategic agreement.  Full Article

Carmanah Technologies Q2 revenue of $19.5 mln, up 24 pct
Tuesday, 9 Aug 2016 04:58pm EDT 

Carmanah Technologies Corp : Carmanah reports second quarter 2016 fiscal results . In Q2 of 2016 company generated revenues of $19.5 million, up $3.8 million or 24% .Net income in Q2 of 2016 was $1.3 million down from net income of $10.3 million.  Full Article

Carmanah Technologies posts Q2 revenue of $19.5 mln
Thursday, 7 Jul 2016 05:16pm EDT 

Carmanah Technologies Corp Pre Amalgamation: Carmanah releases preliminary financial results for Q2 2016 . Q2 revenue $19.5 million versus I/B/E/S view $21.2 million . Order backlog as at June 30, 2016, was about $11.1 million, down approximately $0.9 million from March 31, 2016 .Majority of order backlog is expected to be complete in third and fourth quarters of 2016..  Full Article

Carmanah Technologies reports qtrly net income $1.7 million
Friday, 6 May 2016 08:45am EDT 

Carmanah Technologies Corp Pre Amalgamation : Carmanah reports first quarter 2016 fiscal results . Q1 revenue $19.4 million versus i/b/e/s view $19.6 million . Carmanah technologies corp qtrly net income $1.7 million versus $30, 000 .Q1 earnings per share view $0.04, revenue view $19.6 million -- Thomson Reuters I/B/E/S.  Full Article

Carmanah Technologies Corp announces normal course issuer bid
Wednesday, 9 Mar 2016 05:26pm EST 

Carmanah Technologies Corp:Says intention to make a normal course issuer bid to purchase up to 1,426,386 of its common shares.Period of the Bid will begin on March 14, 2016 and will continue until March 13, 2017.  Full Article

Carmanah Technologies Corp completes acquisition of Sabik Group of Companies
Thursday, 2 Jul 2015 09:36am EDT 

Carmanah Technologies Corp:Completes an acquisition of the Sabik Group of Companies.Under the terms of the Agreement, Carmanah has acquired 100 pct of Sabik OY based in Finland, 100 pct of Sabik GmbH based in Germany, 100 pct of Sabik PTE Ltd.Purchase price of 21.5 mln euros was paid by way of 17.2 mln euros in cash and 4.3 mln euros in Carmanah shares which will resulted in the issuance of 1,180,414 shares from treasury.  Full Article

Carmanah Technologies to acquire Sabik Group of Companies
Wednesday, 10 Jun 2015 08:51am EDT 

Carmanah Technologies Corp:To acquire the Sabik Group of Companies (Sabik), which includes 100 pct of Sabik OY based in Finland, 100 pct of Sabik GmbH based in Germany, 100 pct of Sabik PTE Ltd.Based in Singapore, 81 pct of Sabik Ltd. based in the United Kingdom and 80 pct of Sabik Offshore Ltd. based in the United Kingdom.Purchase price will be 21.5 million euro and the transaction is expected to close in July 2015.  Full Article

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