Bank of India (NSE:BANKINDIA, BOM:532149) has appointed Lalit Taneja as chief vigilance officer, according to a filing to the Indian stock exchanges on Wednesday.
The appointment went into effect on Wednesday.
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PowerX Initiates Preparations to Shift Tokyo Stock Exchange Listing to Prime Market
Battery storage manufacturer PowerX (TYO:485A) has decided during an executive committee meeting to begin preparing an application to transfer its listing from the Tokyo Stock Exchange's Growth Market to the Prime Market.The move aims to support the company's mid- to long-term expansion and enhance shareholder value, according to a Tokyo bourse filing on Wednesday.No timeline has been set for submitting the application or securing approval, and the company acknowledged that preparations could be halted due to current uncertainties.PowerX also warned that failing to meet all listing requirements may result in the stock exchange rejecting the change, though it pledged to disclose any significant developments promptly.
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Island Pharmaceuticals Executes Agreement for GMP Manufacturing Campaign for Drug Candidate
Island Pharmaceuticals (ASX:ILA) executed an agreement with PI Health Sciences for a good manufacturing practices (GMP) campaign to produce its Galidesivir drug candidate to support pivotal studies, according to a Thursday Australian bourse filing.The agreement also includes analytical method validation, reference standard preparation, and stability studies. The campaign is designed to validate and scale production to a level appropriate for late-stage development. Manufacturing activities have begun.The manufacturing will support its planned Marburg virus disease development program under the US Food and Drug Administration's (FDA) Animal Rule pathway.
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CapitaLand Ascendas REIT to Acquire Logistics Property in Singapore for SG$134 Million
CapitaLand Ascendas REIT (SGX:A17U) has agreed to acquire 5 Tuas Avenue 5 in Singapore for SG$133.9 million from Hup Hin Transport Co, according to a local bourse filing on Thursday.The asset is a seven-story, ramp-up logistics property that was completed in 2021. It is currently fully occupied by four tenants, including the seller. It will have a weighted average lease expiry of five years with an annual rental escalation of 2%.The acquisition is expected to be completed by the second half of 2026, after which CapitaLand Ascendas' logistics portfolio across Singapore, Australia, the US, the UK, and Europe will increase to around SG$4.9 billion.
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