NASDAQ-listed Magic Software Enterprises (MSE) is establishing an African presence and has signed a purchase agreement with its South African distributor, Magix Integration.The deal, effective 1 January, will see Magix Integration, which was bought out of the MGX group in 2003, split into two companies, Magix Integration and Magix Security.MSE will initially acquire 51% of the new Magix Integration with an option to increase its holdings to 75% over the next year, depending on the company meeting Read more [...]

Westminster Council has given green light on a planning and listed building application to transform the existing hotel into a 5 star plus luxury destination with the most advanced in-room technology to be found in the capital. Woods Bagot’s hotel design team, headed by principal Rob Steul, will carry out both architectural and interior design for the Grade II listed building for the owner, Eccleston Square Hotel Holdings. The boutique Read more [...]

Two Anhui-based firms, Honglu Steel Construction and Anhui Sierte Fertilizer were officially listed on the Small and Medium Enterprise(SME) Board today. Located at Shuangfeng Industrial Zone of Hefei, Anhui's capital city, Honglu Steel Construction(002541) is one of the largestest manufacturer of steel structure. The number of total share issued was 34 million at price of 41 yuan per share, 27.2 million of which priced and issued online earlier will be traded in the market. Anhui Sierte Fertilizer(002538), Read more [...]