-- BlueBet Holdings (ASX:BBT) said Australian Retirement Trust has ceased to be a substantial holder in the company on May 1, according to a Tuesday Australian bourse filing.
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Asia
Market Chatter: Indonesia Hikes High-Grade Diesel Prices, Holds Subsidized Fuel Prices Steady
Indonesia has lifted prices for high-grade diesel to their highest levels in years, while leaving subsidized fuels unchanged in a bid to balance market costs with consumer protection.State-owned Pertamina raised its premium diesel, Pertamina Dex, by 16.7% to 27,900 rupiah per liter, the highest since its launch. Its Dexlite variant also climbed to 26,000 rupiah per liter from 23,600 rupiah, reportedly.Gasoline saw milder adjustments, with Pertamax Turbo edging up, while key mainstream fuels and subsidized products including Pertalite and Biosolar remained unchanged. The company said the move reflects efforts to manage business sustainability without straining public purchasing power, the news outlet said.(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.)
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Asia
Exsim Hospitality Unit Bags MYR2 Million Project
Exsim Hospitality (KLSE:EXSIMHB) subsidiary EXSIM Concepto accepted a letter of award from Epic Team Construction worth 2.08 million ringgit, according to a Tuesday filing with Bursa Malaysia.Shares rose about 2% in Tuesday's midday trade.The contract covers interior and electrical works for Maybank KLCC.Work is set to begin on May 11 and is expected to be completed by Sept. 7, a timeline of roughly four months.
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Asia
Mahindra & Mahindra's Consolidated Profit Rises in Fiscal Q4
Mahindra & Mahindra's (NSE:M&M, BOM:500520) consolidated attributable profit rose to 46.7 billion Indian rupees in the fiscal fourth quarter ended March 31, from 33.0 billion Indian rupees a year ago.Earnings per share climbed to 41.48 rupees from 29.04 rupees a year earlier, the auto-to-defense manufacturing conglomerate said in a filing to the Indian stock exchanges on Tuesday.Revenue from operations in fiscal Q4 also increased to 549.8 billion rupees from 426.0 billion rupees a year ago.The company's board recommended a final dividend of 33 rupees per ordinary equity share of the face value of 5 rupees each for the financial year ended March 31.The company's shares were up nearly 1% in recent trade.
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