HyUnion Holding (SHE:002537) plans to invest 10 million yuan into a five-year partnership fund, according to a Saturday filing on the Shenzhen bourse.
The Chinese auto electrical equipment maker's shares rose 2% during Monday's afternoon trade.
The company will own 18.8% of the Ningbo Shuteng Venture Capital Partnership (Limited Partnership), which will invest in companies within the digital technology sector.
Ningbo Shuteng Venture Capital plans to raise a total of 53.1 million yuan.
Hindustan Zinc (NSE:HINDZINC, BOM:500188) appointed Amit Gupta as chief financial officer and key managerial personnel, effective June 1, according to an Indian bourse filing on Friday.Shares of the company fell nearly 1% in Monday's trade.The board also approved a two-month extension of the tenure of Arun Misra as chief executive officer and whole-time director from June 1 to July 31, 2026, subject to shareholder approval, the filing said.
Corporate Travel Management (ASX:CTD) said that it is in the final stages of documenting and finalizing commercial agreements with impacted customers in the UK in relation to staged and orderly refund arrangements, according to a Monday Australian bourse filing.It developed a funding plan to address the staged and orderly refund arrangements for affected UK customers. It added that it was in productive talks with lenders regarding the proposed customer arrangements and related funding requirements.In an earlier filing, the company said that it expects to reverse up to 118 million pounds sterling of revenue from fiscal year 2025 and prior years' results, after the company hired KPMG to perform a forensic accounting review for certain years, with KPMG identifying areas of concern regarding the recognition of the UK group's concluded customer contracts and other revenue.It is progressing toward the release of its audited fiscal 2025 financial statements and reviewed fiscal 2026 first half financial statements by June 30, and the reinstatement of its shares to trading on the ASX as soon as possible.
Shenzhen Grandland Group's (SHE:002482) shareholder, Grandland Holdings Group, received a court order to auction 3.20% of the company's stake, according to a Shenzhen bourse filing on Saturday.The construction company's shares rose 1% during Monday's afternoon trade.The stake, which represents 120,000,000 shares, will be auctioned between June 22 and June 23.