PPK Group Ltd
PPK Group to Sell CIB Stake for Up to A$33.43m in Strategic Divestment
PPK Group to sell 39.85% CIB stake to Mehler Vario for up to A$33.43m (A$27.45m upfront, up to A$5.98m earn-out) in strategic divestment.
PPK Group investee wins $30m ADF body armour contract
PPK Group (ASX: PPK) is celebrating a major $30 million Australian government defence industry order awarded to its investee company Craig International Ballistics (CIB). Queensland-based CIB will supply body armour that will be used by Australian Defence Force (ADF) personnel, including in combat and counter terrorism operations. CIB is already a major supplier to the […]
PPK Group and Deakin University step up development of boron nitride nanotubes
Mining industry support company PPK Group (ASX: PPK) has unveiled a joint venture research agreement with Deakin University and BNNT Technology, a company in which PPK already has a 50% stake. The move is being funded by an $8.5 million capital raising with PPK issuing 2 million new shares. The agreement builds upon a previous […]