Dear Life (TYO:3245) has acquired an income-producing property named DeLCCS Ayase IV, located in a five-storey reinforced concrete condominium in Katsushika-ku, Tokyo, at an undisclosed value, according to Tokyo bourse filing on Thursday.
The acquisition of the property was funded through a combination of internal capital and borrowings from financial institutions.
Daido Metal (TYO:7245) declared a year-end dividend of 19 yen per share for the fiscal year ended March 31, matching earlier forecasts and also higher than the 11 yen per share paid a year ago.The total dividend payment amounts to 902 million yen, payable from retained earnings on June 29, according to a Tokyo bourse filing on Thursday.For the fiscal year ended March 31, the company's annual dividend, including the interim dividend of 12 yen, will be 31 yen per share.For the fiscal year ending March 31, 2027, Daido Steel forecasts full-year dividends of 31 yen per share, consisting of an interim dividend of 12 yen and a year-end dividend of 19 yen.
Marco Polo Marine (SGX:5LY) issued about 6.0 million new shares at an exercise price of SG$0.067 per share following the exercise of options under its employee share option scheme.The new shares will be listed and quoted on May 29, according to a Thursday filing with the Singapore Exchange.
Malaysian shares resumed their downward trajectory on Thursday as market participants returned from a mid-week national holiday, as geopolitical escalations in the Middle East triggered broad-based institutional selling.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, fell 14.09 points to end 0.8% lower at 1,684.93.Reports of air strikes involving U.S. and Iranian forces on Thursday further fueled market anxieties regarding an intensifying conflict in the Middle East.In corporate news, Greenyield (KLSE:GREENYB) reported a rubber output of 153,850.7 kilograms. Shares closed 8% higher.Elsewhere, Ho Wah Genting (KLSE:HWGB) recorded an attributable loss of 2.1 million ringgit in the quarter ended March 31, wider than 1.8 million ringgit a year prior, with revenue falling to 41.4 million ringgit from 53.8 million ringgit. Shares were up nearly 5% at close.