TRADING UPDATES: S&U says profit trends higher; Flowtech wins deal
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday 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 Wednesday and not separately reported by Alliance News: Read More
MobilityOne Ltd - Kuala Lumpur-based e-commerce payment solutions provider - Says it has been granted an extension to February 28, 2025, on the second tranche payment due for its acquisition of a 49% stake in Sincere Acres Sdn Bhd, an investment holding company operating in Malaysia. Subsidiary MobilityOne Sdn Bhd completed the acquisition in October 2023 for a total of MYR30 million, or GBP5.4 million, paid to United Flagship Development Sdn Bhd. The first tranche of MYR2.0 million was paid in October 2023, and the second tranche had been due on March 8, 2024, before being initially extended to September 9, 2024. The second tranche will continue to accrue interest at a rate of 10% per annum, and all other terms of the acquisition remain unchanged. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
MobilityOne Ltd - e-commerce payment solutions provider - Sees shares fall after being restored to trading. It reports that revenue in 2023 edges up to GBP241.7 million from GBP233.8 million a year earlier. It swings to a pretax loss of GBP1.4 million from a profit of GBP278,978. Cost of sales in the period rise to GBP229.7 million from GBP221.0 million. Administrative expenses rise to GBP12.2 million from GBP11.9 million. Finance costs climb to GBP236,058 from GBP137,143. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, not separately reported by Alliance News: Read More
MobilityOne Ltd - Kuala Lumpur-based e-commerce payment solutions provider - Says 2023 results will not be finalised ahead of deadline on June 30. Says auditors in UK and Malaysia require further time and results will be published by end of July. Read More
MobilityOne Ltd - Kuala Lumpur-based e-commerce payment solutions provider - Subsidiary extends payment deadline in its acquisition of Sincere Acres Sdn Bhd, an investment holding company operating in Malaysia. In October, MobilityOne Sdn Bhd, the company's wholly owned Malaysian subsidiary, completed the acquisition of a 49% interest in Sincere Acres for a cash consideration of MYR30.0 million, around GBP5.0 million. The first MYR2.0 million tranche has been paid, and Mobility was required to pay the second tranche of MYR28.0 million by Friday. This date has been extended by 6 months to September 8. As a result, the second tranche payment will now be subject to an interest charge of 10% per year. The balance payable on the second tranche will be reduced by MYR1.0 million if the payment is made before the extended deadline, MobilityOne says. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday 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 Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued Friday and not separately reported by Alliance News: Read More
(Alliance News) - MobilityOne Ltd on Tuesday noted that Technology & Telecommunication Acquisition Corp is seeking to extend the deadline for a planned joint venture for a second time, from July 20 this year to July 20, 2024. Read More
(Alliance News) - MobilityOne Ltd on Monday said a subsidiary has agreed with Syed Faisal Algadrie Bin Syed Hassan to start a new joint venture company in Malaysia called Qube Nexus Sdn Bhd. Read More
(Alliance News) - MobilityOne Ltd on Thursday said it withdrew its revised application to the UK Financial Conduct Authority regarding its planned UK business expansion via its subsidiary M-One Tech Ltd, as the FCA again asked for more information. Read More
MobilityOne Ltd - Oxfordshire, England-based e-commerce infrastructure payment solutions and platform provider - Partners with Wibmo in Malaysia to support the issuance of Mastercard prepaid cards through its prepaid platform, Wibmo Hexa. Read More
MobilityOne Ltd - Oxfordshire, England-based e-commerce infrastructure payment solutions and platform provider - Resubmits revised application to the UK Financial Conduct Authority for authorisation as an electronic money institution to provide e-money services in the UK. It follows FCA notifying MobilityOne in late May last year to include additional information in the application, prompting MobilityOne to withdraw application on June 1. Read More