Advance Residence Investment (TYO:3269) will acquire a residential property named Residia Yokohama Tobe for 2.22 billion yen, according to a Tokyo bourse filing on Monday.
The eight-story building is fully occupied with 70 units and offers a net operating income (NOI) yield of 4.1%.
The acquisition is scheduled for July 1, with financing coming from borrowings and cash on hand, and the seller is Marble Corp., a subsidiary of TCS Holdings.
Bonree Data Technology's (SHA:688229) three shareholders plan to reduce their holdings in the company due to funding needs, according to a Shanghai bourse filing on Saturday.The Chinese information technology services provider's shares jumped 9% at the close of midday trade.Shanghai Yuanheng Lihui Consulting Management Center (Limited Partnership) plans to offload about 0.99%, or 440,000 shares, while individual investors Meng Xidong will trim 1.80%, or 800,000 shares, and Feng Yunbiao will divest 2.36%, or 1,050,000 shares in the company.The share disposal will be implemented between June 23 and Sept. 22.Yuanheng Lihui currently owns 3% of the company, while Meng and Feng holds 8.35% and 10%, respectively, of the company's total share capital.
ASE Technology (TPE:3711) unit SPIL has signed facility engineering contracts with Acter (TWO:5536), worth NT$550.4 million, according to a Monday Taiwan Exchange filing.The contract works will run from May 19, 2026, to Sept. 30, 2027, the company said.ASE Technology said the deals are for production and operational needs.
Indonesia's centralized system for the export of various natural resource commodities through state-entity Danantara Sumberdaya Indonesia (DSI) took effect June 1, according to a statement by the Economic Coordinator Ministry.The new policy, which will initially cover palm oil, coal, and ferroalloys, will be implemented in steps to ensure a smooth transition, according to the Coordinating Minister for Economic Affairs Airlangga Hartarto.Exporters will continue to use the current mechanism but they will be mandated to submit export activity documents to DSI electronically through the export service system of the Directorate General of Customs and Excise.Following three months of implementation, the transition period will be evaluated, with improvements being incorporated in the next stage. The full implementation is expected by Jan. 1, 2027.Airlangga hopes the new export governance policy "will ensure that every strategic export value provides real benefits to boost the economy and is also intended for the greatest prosperity of the Indonesian people."The centralization strategy is being implemented in a bid to boost export supervision and governance and avoid malpractices including invoicing and transfer pricing among other things.