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.
Sumitomo Mitsui Financial Group (TYO:8316) subsidiary SMBC Nikko is considering launching a 100 billion yen mezzanine fund to help finance big acquisitions in Japan, Bloomberg News reported Monday, citing people familiar with the matter.Mezzanine financing falls between a senior loan by conventional financial institutions and equity financing using common shares.The fund plans to invest in subordinated loans and preferred shares for Japanese acquisition deals, the report said.SMBC Nikko is teaming up with alternative asset manager One Investment as a partner and is looking for institutional investors outside of Japan to raise money for the fund, the report said, citing some of the sources.Sumitomo Mitsui Financial Group and One Investment reportedly declined to comment on the matter.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
GeoVision (TPE:3356) appointed David Huang as chief executive officer and James Lee as president, both effective Friday, according to same-day filings.Huang was previously general manager at USA Vision Systems. Lee moves up from roles including CFO, corporate governance officer and assistant vice president of finance and administration.