MNF Group Ltd (ASX:MNF) Signs Term Sheet with Vonex
MNF Signs Term Sheet with VonexSydney, June 7, 2021 AEST (ABN Newswire) - MNF Group Limited (
ASX:MNF) (M2S.F) today announced that it has signed a conditional term sheet with Vonex Limited (
ASX:VN8) ( Vonex ) for the sale of part of its direct business ( Direct Business ), for $31 million. The term sheet is non-binding other than customary matters including exclusivity.
The sale is in-line with MNF s strategy to simplify the business, grow recurring revenues and focus on growing the MNF wholesale business, Symbio.
The Direct Businesses that form the sale agreement include those that provide cloud phone, mobile and internet services directly to small business and residential customers in Australia. These customers are predominantly served by the MyNetFone brand; however the brand is not part of the sale and MNF will retain the Enterprise and Government clients.
iSignthis Ltd (ASX:ISX) Increases Stake in NSX Ltd via Placement
iSignthis Increases Stake in NSX Ltd via PlacementMelbourne, June 2, 2021 AEST (ABN Newswire) - iSignthis Ltd (
FRA:TA8) discloses that, consistent with the ISX Group s strategy outlined in the previous announcements of 28th May 2020 and 20th February 2020, the Company s subsidiary ISX Financial EU Ltd ( ISXEU ) has taken up the option to participate in the NSX Limited (
Additionally:
- The ISXEU placement is subject to a successful NSXL shareholders vote.
- The placement amount applied for by ISXEU was for One Million Dollars (A$1m) at the placement price of $0.14/share, for 7,142,857 shares.
AdvanceTC Limited (NSX:A88) Investor Guide Update
NSX:A88) is pleased to advise that the Company has released an Investor s Guide with FAQ to better guide Investors with Questions that they may have on the Company. The Company shall set up the page on its website in the next few days and shall inform the market once it is ready to be accessed.
In the interim, below are some of the common questions raised and the Company s responses to it accordingly.
The Investor Guide and FAQ page on the website shall be updated constantly to keep our Investor up to date on the Company s progress.
iSignthis Ltd (ASX:ISX) AGM-Managing Director & CFO Report
FRA:TA8) is a technology company with EEA and UK financial institution authorisations with inhouse developed flykk(R), ISXPay(R), Paydentity(TM)(patented), Probanx(R) CorePLUS(R) and CoreConnect platforms that allow us to deliver technology and financial services to our customers.
We employ more than 125 staff located across Melbourne, Sydney, Vilnius, Nicosia, London, Amsterdam and Tel-Aviv.
Approximately half of our staff are technical, with more than 43% of our employees being women.
ISX is a:
- RegTech that invents and develops software delivered as a service for exchanges, banks, credit unions, financial institutions and payment service providers.