Frencken Group (SGX:E28) issued 58,000 shares following the exercise of options granted under the employees' share option scheme at an exercise price of SG$1.30 apiece, according to a Wednesday filing with the Singapore Exchange.
The new shares were listed and quoted on the same day, the filing added.
Coforge (NSE:COFORGE, BOM:532541) allotted 12.7 million equity shares to eligible shareholders of Cigniti Technologies under the approved amalgamation scheme, according to a Thursday filing on Indian bourses.The shares were issued on June 3, in a 1:1 exchange ratio to Cigniti shareholders of record on May 16, the filing said.Following the allotment, Coforge's paid-up equity share capital increased to 442.7 million equity shares with a face value of 2 rupees each, aggregating to 885.4 million rupees, it added.Coforge shares rose nearly 1% in recent trade.
ESR REIT (SGX:9A4U) completed the divestment of a portfolio of seven industrial properties across Singapore, for SG$225 million, according to a Wednesday bourse filing.Meanwhile, the completion of the divestment of the 46ATP Property is underway.Following the divestment, the REIT's portfolio comprises 63 income-producing properties across Singapore, Japan and Australia.
Texmaco Rail & Engineering (NSE:TEXRAIL, BOM:533326) said TrinityRail Global, a subsidiary of Trinity Industries, has acquired a 32% stake in Touax Texmaco Railcar Leasing, according to a Wednesday filing with the Indian bourses.Shares of Texmaco Rail jumped nearly 4% in Thursday's trade.Touax Texmaco Railcar Leasing is the railcar leasing joint venture between Texmaco and France-based Touax Group.The three-way partnership is focused on railcar leasing and asset solutions for the Indian freight rail market, it added.The partners aim to expand Touax Texmaco Railcar's leasing platform and introduce new railcar technologies and designs in India, the filing said.