(Alliance News) - GSTechnologies Ltd on Tuesday said its interim pretax loss narrowed and revenue increased in a period of "significant development" for the company. Read More
(Alliance News) - Stock prices in London opened lower on Tuesday, with the data docket including eurozone trade balance, two ZEW economic sentiment surveys, and the US Redbook index. Read More
(Alliance News) - The FTSE 100 was called to open lower on Tuesday, as central banks in China, the US, Japan and the UK prepare to announce their interest rate decisions this week. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - GSTechnologies Ltd on Tuesday announced plans for an additional acquisition to improve its European cross-border payment offerings. Read More
(Alliance News) - GSTechnologies Ltd on Tuesday announced it has raised funds to contribute towards its GS Money strategy. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and Monday and not separately reported by Alliance News: Read More
GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Loss narrows 36% to USD737,000 in the six months to September 30, from USD1.2 million a year ago. Posts no revenue in either half-year. Looking ahead, expects completion of cybersecurity business Semnet Pte Ltd by early February. Two weeks ago, GSTechnologies agreed to acquire around 67% of the Singapore-based firm, Semnet Pte Ltd for USD1.8 million. Read More
GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Agrees to acquire around 67% of Singapore-based cybersecurity firm, Semnet Pte Ltd for USD1.8 million. Says remaining 33.33% shares in Semnet are held by Ong Siew Phek and Lam Pek San, which own 23.33% and 20% respectively. Chair Tone Goh says: "This strategic acquisition represents a further important step in the company's journey. Our commitment to innovation and excellence remains unwavering, and having in-house cybersecurity expertise and capability is important as we continue to build a B2B Neobank providing next-generation digital money solutions. We look forward to providing updates in due course on the progress of this acquisition and the subsequent enhancements it brings to our fintech offerings." Read More
(Alliance News) - GSTechnologies Ltd on Wednesday said it signed an option to purchase agreement to acquire a majority stake in Belfast-based cross-border payments business EasySend Ltd. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - GSTechnologies Ltd on Tuesday said it has completed the acquisition of PAYPT Finance Ltd, a Canadian company holding a Canadian money services business licence. Read More
GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Reports revenue of USD2.3 million for the year ended March 31, down 45%from USD4.2 million in financial 2022. Says net operating income of USD443,000, multiplying from USD47,000 the year prior. Says pretax loss was USD1.6 million, widening from USD1.4 million the previous year. Chair Tone Kay Kim says "there is a very bright future for GST", adding that the firm is exploring further acquisition opportunities following its recently proposed purchase of PAYPT Finance Ltd. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Says UK Financial Conduct Authority stablecoin application continues to be processed, after having been extended beyond anticipated timeframe. Adds, its subsidiary, Angra, continues to perform in line with its expectations. Read More
(Alliance News) - GSTechnologies Ltd on Wednesday said it has raised GBP750,000 through a placing of 75.0 million shares at a price of 1.0 pence each. Read More
GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Says the expected final panel review meeting regarding the stablecoin application for admission to the UK Financial Conduct Authority regulatory sandbox will not take place. This is due to "unprecedented" levels of sickness within the FCA team. As a result, the FCA will provide a decision on the application by the end of this month, instead of mid-May as previously announced. Read More