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Ramba Energy Ltd announces proposed placement of 37,500,000 new ordinary shares

Monday, 20 Oct 2014 05:40am EDT

Ramba Energy Ltd:Says it entered into a shares placement agreement with Zymmetry Investments Ltd., Lim Han Feng, Lim Suryanti, Ong Shen Chieh, Wang Lai Poh, Chow Soek Sian, Tay Beng Chuan and Lee Kok Fatt.Says it has agreed to allot and issue 37,500,000 new ordinary shares in the capital of the company at a placement price of S$0.40 for each placement share, and the Placees have agreed to subscribe and pay for the Placement Shares at the Placement Price for each placement share.Says net proceeds from the placement are about S$14.95 mln.Says it intends to use the net proceeds for the Oil & Gas business and the general working capital of the Group.

Bollore and its subsidiaries Compagnie du Cambodge and Societe Industrielle et Financiere de l'Artois file exchange tender offer for Havas

Friday, 17 Oct 2014 12:10pm EDT

Bollore SA:Says it filed with the Autorite des Marches Financiers an exchange tender offer for the securities of Havas.Exchange ratio is 9 shares of Bollore for 5 shares of Havas, after the split by 100 of nominal value of Bollore shares implying a premium of 19.5 pct.Transaction aims to strengthen Bollore`s ownership in Havas (currently at 36.2 pct), aiming to achieve a majority in Havas` shareholdings while maintaining the company listed and a satisfactory level of free float in order to ensure the liquidity of the shares.Offer is jointly initiated by Bollore and its subsidiaries Compagnie du Cambodge and Societe Industrielle et Financiere de l'Artois.BSAARs holders of Havas are offered to tender their BSAARs to the exchange offer on the basis of 31 shares of Bollore (post split of the nominal value) that will bear current dividends' right for 37 Havas BSAARs tendered.

Santova Ltd gives H1 2015 earnings outlook

Tuesday, 14 Oct 2014 03:02am EDT

Santova Ltd:Expects H1 2015 headline earnings per share to be between 15.0 and 16.25 cents per share.Expects H1 2015 basic earnings per share to be between 12.20 and 13.22 cents per share.

SPS Commerce Inc acquires Leadtec

Monday, 13 Oct 2014 04:05pm EDT

SPS Commerce Inc:Says acquisition of Leadtec, a provider of cloud-based supply chain solutions in Australia and New Zealand with thousands of trading partners.Acquisition expands the SPS community in the region, building on current network of more than 55,000 customers in more than 50 countries.As part of the industry's broadest retail business network, Leadtec's customers will take advantage of a powerful suite of cloud-based products that provide the integration and collaboration needed for the omnichannel retail era.


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Provider: Wright Reports
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Provider: Thomson Reuters Stock Report
Provider: Pechala's Reports

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