Hostech raises $8.6m in share placement
Over $7.5m worth of the notes sold during the placement have been converted into new shares
Over $7.5m worth of the notes sold during the placement have been converted into new shares
The companies plan to market consolidated IT services to European companies expanding into Asia
The purchase price was paid through the issue of 87.5m shares and $730k in cash
New hire Andrew Wrigglesworth is a 15-year telecom veteran
Tata Consultancy Services (TCS) signaled a stable recovery for Indian outsourcers when it reported on Monday strong revenue and profit growth in dollar terms for the quarter and fiscal year ended March 31.
The deals with Queensland's Ergon energy and NSW's Country Energy are worth a combined $33m
The contracts with EnergyAustralia and Integral Energy have a potential value of $28.7m
Vivian Clark has been appointed to the role, and will retain her duties as group company secretary
The telecom service provider has received shareholder approval, and is working through the deals' conditions
The deal will see 3Q supplying its AdvanceRetail, AdvanceReports and AdvanceMobile suites to Palmers Franchise Systems
The all stock deal will see Synergy buy up the SA IT services firm
To supply its Garradin walth management system for the investment company
Still in the red due to losses from its Philippines subsidiary and several one-time charges
To deliver patient and emergency software to Calvary Hospital
The IT services contract is for three years, with two optional three-year extensions