Camac Energy lists on South African bourse

first_imgCamac Energy, a US-based oil and gas exploration and production company focused on energy resources in Africa, on Monday became the first new company to list on the Johannesburg Stock Exchange (JSE) in 2014.The company, which is headquartered in Houston, Texas and has a primary listing on the New York Stock Exchange, began trading on the main board of the JSE, making its oil and gas opportunities and shares available to local investors for the first time.Camac Energy’s portfolio includes eight licences, including production and other projects off the coast of Nigeria, and onshore and offshore exploration licences in Kenya and off the coast of Gambia.“The listing in Johannesburg gives Camac Energy a presence on Africa’s biggest bourse and access to a large and diverse investor base with an array of investors looking to gain exposure to the African continent,” Zeona Jacobs, director of issuer and investor relations at the JSE, said in a statement on Monday.Camac Energy CEO Kase Lawal said the JSE listing “signifies a new chapter in our company’s history and allows access to capital on the continent, as well as providing a new option for investors in terms of diversity”.Earlier this month, the government-owned South African Public Investment Corporation (PIC) secured a 30% shareholding in Camac Energy through a US$270-million private placement.Lawal said on Monday that his company was “honoured that the PIC has invested in our growth plans with confidence, and we welcome them on board as a significant strategic partner on our exciting journey ahead”.Noah Greenhill, head of corporate finance at Sasfin Capital, which acted as Camac Energy’s corporate adviser and sponsor for its listing, said it was important that the JSE “lists businesses with assets in Africa. As Sasfin, we are playing our role in bringing African assets to the JSE.”SAinfo reporterlast_img read more

Continue reading

Ohio leaders taking on national soybean roles

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Hancock County soybean farmer John Motter moved into the role of immediate-past Chairman of the United Soybean Board (USB) and Bret Davis of Delaware County was elected to the Governing Committee of the American Soybean Association (ASA).Davis was elected during the December board meeting to the ASA Governing Committee. This committee is responsible for guiding ASA and implementing policies that align with the organization’s strategic plan. This is Davis’ third term on the nine-member leadership team.This also marked the end Motter’s term as USB Chairman. Motter was elected exactly one year ago as the 26th chairman in the organization’s history and the first Ohioan to hold the position. During his tenure, Motter has led USB forward on multiple programs and strategic directions, as well as leading the search for a new CEO.“The Ohio Soybean Association and Ohio Soybean Council are proud that such capable leaders have been able to serve our state and all U.S. soybean farmers at the national level,” said Kirk Merritt, OSA and OSC executive director. “We thank John for volunteering so much of his time and energy, and will work to support Bret as he serves his 2018 term with ASA leadership.”last_img read more

Continue reading

Eight, including 5 minors, booked for sedition in Bihar

first_imgEight people, including five minors, were booked for sedition allegedly for dancing on “pro-jihadi” songs on Eid celebration at Nasriganj in Rohtas district of Bihar.The incident happened on June 15 night when over 100 people took out a religious procession in Nasriganj locality. The FIR was lodged on June 17 at the Nasriganj police station.“Eight named persons, including five minors and the organizers of the procession, and 20 unidentified were booked in the case… eight, including five minors, were later arrested under various sections of the Indian Penal Code including, 143, 124(A), 153(A) and 295(A)”, said the local Nasriganj police.The FIR said that one Chandan Thathera had shot the video of the procession and later handed it over to local leader Manoj Bajrangi, who gave that video clip to the police.“The police took action after a video of the function surfaced..the police has sent the video for FSL test” Satyaveer Singh, Rohtas Superintendent of Police said.All five minors are aged between 14-17 years and have sent to juvenile home, he said.Local people said that the organizer of the procession also had arranged a musical van playing songs on which several youths, including those five minors, were dancing to the tune.“Suddenly a pro-jihadi song was played and the unawared youths and young boys continued with their dance,” said a local resident.Later, when the police lodged a complaint the minor boys came to know that they had danced to the tune of a “pro-jihadi” song and have committed a wrong, said the villager to local journalists.Meanwhile, a group of residents of Nasriganj have appealed to the local police to probe the case from every aspect and release the minor boys caught unaware to the controversial song.last_img read more

Continue reading

Gymnastics chief sees ‘2 or 3 more’ gold medals

first_imgNATO’s aging eye in the sky to get a last overhaul Reyland Capellan (left) and Kaitlin de Guzman (right) celebrate with Gymnastics Association of the Philippines and chief of mission Cynthia Carrion after winning two gold medals in the gymnastics competition of the 29th Southeast Asian Games. CONTRIBUTED PHOTO/SEA GAMES POOLKUALA LUMPUR — With two golds in the bag, gymnastics chief Cynthia Carrion said the Philippines can still expect two to three more triumphs in the next few days.Carrion, who is also the chief of mission, said she is looking at a few more wins in individual and team events in the sport being held at MITEC Hall 9.ADVERTISEMENT READ: Young gymnast captures PH’s fifth gold medalCapellan will still see action in vault, while the 17-year-old De Guzman will vie for golds in her favorite events, floor exercise and balance beam.“I hope the other sports follow suit,” said Carrion who is also counting on team events.RELATED VIDEOGymnast captures Philippines’ 4th gold in SEA Games2.4K viewsSportsVentuno Web Player 4.51 Trump signs bills in support of Hong Kong protesters Celebrity chef Gary Rhodes dies at 59 with wife by his side READ: Gymnast captures Philippines’ 4th gold in SEA GamesGymnastics has 20 golds at stake in both rhythmic and artistic disciplines, which can turn in a gold mine that Team Philippines needs.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingIncidentally, it was Carrion, in her capacity as chief delegate, who forecasted a 50-gold turnout for the PH contingent.Gold medalists Reyland Capellan in men’s artistic floor exercise and Kaitlin de Guzman in uneven bars kept the country’s campaign afloat Tuesday morning. MOST READ LATEST STORIES Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next 3 Filipino boxers in SEA Games finals; Suarez crashes Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Robredo should’ve resigned as drug czar after lack of trust issue – Panelo Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Pagasa: Storm intensifies as it nears PAR Lacson: SEA Games fund put in foundation like ‘Napoles case’ View comments Don’t miss out on the latest news and information. last_img read more

Continue reading