Zhejiang Fulai New Material (SHA:605488) purchased a structured deposit of 30 million yuan from China Construction Bank after redeeming a previous investment.
The 31-day principal-guaranteed product offers an expected annualized yield of between 0.65% and 1.90% and matures on June 15, according to a Friday filing with the Shanghai bourse.
Shares of the functional coating composite materials manufacturer closed 3% higher Friday.
Metallurgical of China (SHA:601618, HKG:1618), or MCC's, newly signed contract value stood at 248 billion yuan for the four months ended April 30, according to a Friday Hong Kong bourse filing.Of the total, the engineering construction firm's newly signed overseas contracts stood at around 14.2 billion yuan in the period.In April alone, the firm signed three new engineering and construction contracts worth over 1 billion yuan.
Mencast (SGX:5NF) received a listing and quotation notice from the SGX-ST for the listing and quotation of up to 21.4 million conversion shares at SG$0.14 per share, according to a Friday filing with the Singapore Exchange.Earlier, the regional maintenance, repair and overhaul services provider proposed to issue unsecure convertible bonds worth SG$3 million to Economic Development Innovations Singapore.
India Glycols (NSE:INDIAGLYCO, BOM:500201) recorded a rise in its consolidated attributable net profit to 868.8 million Indian rupees in the fiscal fourth quarter ended March 31, against 632.6 million rupees a year ago.Earnings per share grew to 13.64 rupees compared with the year-ago figure of 10.34 rupees, according to a Thursday filing to the Indian stock exchanges by the chemicals manufacturer.Revenue from operations in fiscal Q4 also increased to 23.6 billion rupees from 21.9 billion rupees a year earlier.Shares of the company fell over 6% in recent trade.