FINWIRES · TerminalLIVE
FINWIRES

Fuji Die Executes Business Alliance Agreement with Dijet Industrial

By

Fuji Die (TYO:6167) said it has executed its business alliance agreement with Dijet Industrial Co. (TYO:6138) to expand the development of alloys that reduce the use of critical minerals, effective immediately, according to a Friday filing on the Tokyo Stock Exchange.

The Japanese manufacturer said that as part of the deal, Dijet Industrial will supply its Cermetal material, which will be marketed directly or processed into tools and molds for customers.

The partnership will also explore expanding sales channels for its STN30 material by leveraging all sales networks.

Related Articles

Asia

Helens International Unit Loses Appeal Over China Trademark Dispute; Shares Slip 5%

Helens International (HKG:9869) said a Beijing court invalidated three Chinese trademarks owned by an indirect wholly owned subsidiary after overturning a lower court ruling in the company's favor, according to a Thursday Hong Kong bourse filing.The court ruled that the trademarks were similar to earlier-registered trademarks owned by third parties and, therefore, invalid under China's trademark law.Helens said it is seeking legal advice and will consider all available measures to protect its interests. The company added that the dispute has no material impact on its business, operations, or financial position.Hong Kong-listed shares of the bar operator were down over 5% in Friday morning trade.

HKG:9869SGX:HLS
Asia

ZGC Sci-tech Enters Leaseback Arrangement Over Power Generation Facilities

Zhongguancun Science-Tech Leasing (HKG:1601) said it entered into two sale and leaseback agreements with Shandong Xuguo Energy, according to a Hong Kong bourse filing Thursday.In both deals, the company will separately acquire power generation facilities for 45 million yuan and lease them back to Shandong Xuguo Energy for 47 million yuan.The lease agreements will last for a year.

HKG:1601
Asia

Serial Achieva Bags Data Center Project in Malaysia

Serial Achieva (SGX:XHV) secured a co-location services contract in Malaysia, to provide data center capacity and related facilities to a local cloud services provider, according to a Thursday filing with the Singapore Exchange.The contract is valued at around 17.8 million ringgit and has a three-year initial term.Shares of the consumer and enterprise IT products company were up nearly 2% in Friday trading.

SGX:XHV
Fuji Die Executes Business Alliance Agreement with Dijet Industrial | FINWIRES