FINWIRES · TerminalLIVE
FINWIRES

Alcidion Group Secures Seven-Year Contract With University Hospitals Sussex NHS Foundation Trust; Shares Up 5%

By

Alcidion Group (ASX:ALC) secured a seven-year agreement with University Hospitals Sussex NHS Foundation Trust to deploy its electronic patient record platform, according to a Monday Australian bourse filing.

The agreement is valued at around AU$35 million in total, with the possibility of increasing to AU$49 million over 10 years if additional modules such as emergency and patient administration systems are implemented, per the filing.

The company will deploy its flagship modular Miya Precision platform, including Miya Observations and Assessments, and will introduce its virtual care solution in the United Kingdom for the first time to support remote monitoring and care delivery, the filing said.

Revenue of around AU$8.5 million is expected to be recognized in the fiscal 2026, largely driven by an upfront license fee, with implementation beginning immediately, taking about 18 months, and a phased go-live targeted for June 2027, the filing added.

Alcidion Group's shares jumped nearly 5% in recent Monday trade.

Related Articles

Asia

Mobile World Investment's Unit Eyes $546 Million from IPO

Mobile World Investment's (HOSE:MWG) unit Dien May Xanh is looking to raise around $546 million from its IPO through an offering of 79.5 million shares at 80,000 dong apiece, Reuters reported, citing a company filing.Electronics retail firm Dien May Xanh's offering will take place from May 27 to June 17, with allocation results reportedly expected by June 18 to June 19.

HOSE:MWG
Asia

Philippines to Reissue Up to 50 Billion Peso Bonds

The Philippines Bureau of the Treasury said it will reissue two series of bonds worth a total of up 50 billion pesos, according to a document on the bureau's website Thursday.Of this, 20 billion pesos to 30 billion pesos of four-year bonds carrying a 6.375% coupon rate are being issued and will mature July 27, 2030.10 billion pesos to 20 billion pesos of 10-year bonds will also be issued, with a coupon rate of 5.925% and a maturity date of Feb. 23, 2036.The auction date for the issue is May 26, with a settlement date of May 28.

^PSEI
Asia

C.banner International Grants 249.2 Million Options Under Incentive Scheme

C.banner International (HKG:1028) granted a little over 249.2 million options to certain grantees on Friday, according to a same-day Hong Kong bourse filing.The options are exercisable into the same number of shares, representing 10% of the clothes retailer's issued shares, at HK$0.99 apiece.Of the total, 24.9 million options each were granted to President Yuan Zhenhua and Chief Financial Officer Zhang Baojun, with the remaining 199.4 million options to 11 other employees.The firm now has no shares available for future grant under the scheme.

HKG:1028