FINWIRES · TerminalLIVE
FINWIRES

CNGR Advanced Material Directors Approve Budget Increase for Daily Related-Party Transactions with Two Entities

By

CNGR Advanced Material (SHE:300919) directors approved the budget increase for daily related-party transactions with two companies, according to a Tuesday filing with the Shenzhen bourse.

The company raised its cap for purchases from Moroccan joint venture COBCO to 40 million yuan from 30 million yuan and its sales budget for Hunan Zhongwei Jineng New Materials to 612 million yuan from 347 million yuan.

Related Articles

Asia

Qantas Airways Unit to Operate Direct Route Between Melbourne, Sri Lanka

Qantas Airways' (ASX:QAN) Jetstar unit will operate a new direct route between Melbourne in Victoria and Colombo in Sri Lanka, according to a Tuesday statement.The flights run three times a week, on Tuesdays, Thursdays, and Saturdays.Qantas Airways' shares rose past 1% in recent trading on Tuesday.

ASX:QAN
Asia

Shenzhen Longsys Electronics Passes Hong Kong Listing Hearing

Shenzhen Longsys Electronics (SHE:301308) passed its listing hearing with the Hong Kong bourse, paving the way for its proposed secondary offering in the city to proceed, according to a Monday after-hours filing with the Shenzhen Stock Exchange.The semiconductor memory product company plans to use proceeds from the offering to enhance its research and development capabilities, grow its packaging and testing facility in Brazil, boost sales and marketing, fund strategic investments, and for working capital, according to its post-hearing information pack.

SHE:301308
Asia

Hansen Technologies Partners with InvoiceCloud to Integrate Software Products with Digital Payments Platform

Hansen Technologies (ASX:HSN) partnered with InvoiceCloud to integrate its Hansen CIS software products with InvoiceCloud's digital payments platform, according to a Tuesday Australian bourse filing.The firms plan to support bill generation, presentment, payment, and reconciliation for utilities, energy retailers, and local governments across North America.Its shares rose 2% in recent trade on Tuesday.

ASX:HSN