Choice Development (TPE:9929) reappointed Chen Hui-Yu as chairman following the expiry of his term, according to a Monday Taiwan Exchange filing.
Chen, who also serves as chairman of Chiu Yu Innovation, was retained in the role after a board re-election process.
Life Insurance Corp. of India (NSE:LICI, BOM:543526) allotted 6.33 billion fully paid-up bonus equity shares in a 1:1 ratio to shareholders of record on May 29, according to an Indian bourse filing on Monday.Under the bonus issue, shareholders received one bonus share for every existing equity share held, the filing said.Following the allotment, the insurer's paid-up equity share capital increased to about 126.5 billion rupees, comprising 12.6 billion shares, the filing said.Shares of the company were down nearly 2% in recent trade.
Japan Metropolitan Fund Investment (TYO:8953) has agreed to dispose of a trust beneficiary right in Edion Kyobashi, a land with leasehold interest in Osaka, for 7 billion yen, according to a Tokyo bourse filing on Monday.The transaction is expected to generate a gain of roughly 1.1 billion yen, which will be fully distributed to unitholders in the February 2027 fiscal period.The disposition, scheduled to close on Dec. 1, involves a property leased to retailer Edison and has no broker or disclosed purchaser due to confidentiality.The REIT decided to sell the asset to maximize total returns by replacing it with properties offering better long-term profitability and growth potential from its expanding acquisition pipeline.
Meituan (HKG:3690) recorded a loss of 6.83 billion yuan in the first quarter of 2026, compared with a profit of 10.1 billion yuan a year prior, according to a Monday Hong Kong bourse filing.The Chinese food delivery firm's revenue increased 5.6% to 91 billion yuan from 86.2 billion yuan in the year-ago period.