Shareholders of BPS Technology, the operators of the Bartercard payments network, are stepping up their campaign to replace the entire board of the Gold Coast-based company, the AFR reports. Fund managers Alceon and LHC Capital wrote to the board yesterday to express concerns about the way the company is being managed and governed after amending its notice to call for a shareholder meeting earlier in the week. The management team includes the three founding shareholders, who own a combined 37 per cent of the company. It's one of the earliest cashless payment network systems, in which goods and services can be "bartered" rather than paid for using cash. China Construction Bank, through its Sydney Branch, has priced a A$100 million one year Transferable Certificate of Deposit issue at 55 basis points over the three-month BBSW. CCB is rated A (stable) by S&P and A1 (stable) by Moody's Investor Service. The lead manager was Commonwealth Bank of Australia.