HPC Holdings (HKG:1742) expects to post a net profit of about SG$9.3 million for the six months ended April 30, compared with a net profit of about SG$31.3 million a year earlier, according to a Monday Hong Kong bourse filing.
The company attributed the underlying improvement to the execution of a strong order book accumulated last year and to higher construction activity, as more ongoing projects entered their peak phase.
MetaOptics (SGX:9MT) received a revised listing and quotation notice from the SGX-ST for up to 121.3 million new shares to support its proposed listing on the Nasdaq exchange via American Depository Shares, according to a Friday bourse filing.Shares of the metalens producer were up over 1% in Monday trading.The revised notice will cover 102.4 million shares for the main ADS offering, up to 15.4 million shares for an overallotment option, and up to 3.5 million shares for the exercise of warrants.
South Korean software company Innoax (KOSDAQ:296640) secured a contract from Samsung SDS (KRX:018260) to enhance the Samsung Life Insurance front-core system, according to a Monday filing with the Korean Exchange.The contract, valued at 3.48 billion won, is valid till Dec. 21, 2027.Shares of Innoax fell nearly 1% in recent trade.
Hong Fok (SGX:H30) bought back 176,800 shares in the open market on Friday for around SG$169,289, according to a same-day after-market filing with the Singapore Exchange.To date, the property investment company has repurchased nearly 5 million shares under its current buyback program.