News and Announcements
Altech Chemicals (ASX: ATC) Transfers EPC to German Contractor SMS Group GmbH
- Published July 13, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Altech Chemicals Ltd (ASX:ATC) has recently received strong support from a German engineering firm SMS group GmbH, which has been issued shares worth US$100,000 as an initial share subscription.
KEY TAKEAWAYS:
- The share subscription agreement was part of SMS’ appointment in May 2017.
- This initial share subscription by SMS is a sound endorsement of Altech’s HPA plant, given SMS’s prior experience with the kaolin-HPA hydrogen chloride processing technique.
- The share subscription, Altech issued 1,162,979 fully paid ordinary shares to SMS at $0.11 per share.
Iggy Tan, managing director, commented: “It is not common for an EPC contractor to be demonstrating this type of upfront support.
“In addition, SMS’s commitment for additional equity or subordinated debt support at project financial close is also an outstanding indication of its support and confidence of this project.”
Company Updates
The System’s Immune System: Why Big Tech Will Solve What Big Pharma Can’t
The central investment thesis for the future of human health pits Big Pharma against Big Tech. This blog post explores the “Protocol Paradox” in current cancer care and argues that the convergence of hyperscalers and life-science experts—treating biology as a data and compute problem—represents the defining compounding investment opportunity of this era.
The Life Sciences Supercycle: Why Australian Biotech is Finally Delivering Billion-Dollar Outcomes
Australia’s life sciences sector is experiencing an unprecedented “Supercycle,” finally commercializing world-class research into global, billion-dollar businesses. Learn about the ASX heavyweights, the key drivers (AI, institutional execution, FDA pathway), and the investment opportunity at Emergence 2026.
Following the Billions: Where the Hyperscalers are Betting on the Future
The roadmap for the next decade isn’t hidden in pitch decks—it’s written on the balance sheets of Microsoft, Amazon, and Google. Their collective investment is flowing into three key areas: GPU Chips, AI Factories, and Energy. This foundational buildout signals a $7–$20 trillion economic convergence, where the physical race for infrastructure and energy is paramount. The article also covers the powerful macro case for digital assets in this new era.
Backed By Leading Investment Groups and Family Offices
