InnoCare Pharma (SHA:688428, HKG:9969) approved the vesting of shares under a stock incentive plan and the cancellation of granted but unvested shares, according to a Tuesday filing with the Shanghai bourse.
The company will vest more than 2.4 million restricted shares granted to 74 recipients.
InnoCare will cancel 157,000 shares that are granted but unvested, as the four recipients have departed InnoCare, and cancel 167,000 restricted shares.
Soyea Technology (SHE:000909) subsidiary Eastern Software plans to sign a five-year contract to provide investment, operation and property management services for the West Lake Soyea software park project in Zhejiang, China.The 13.2-million-yuan contract was signed with Park Development Co., a wholly-owned subsidiary of controlling shareholder West Lake Electronics Group, according to a Tuesday filing with the Shenzhen bourse.Shares of the real estate company closed 2% lower Tuesday.
Mary Chia (SGX:5OX) expects to book a net loss for the fiscal year ended March 31, compared to net profit a year earlier, according to a Tuesday bourse filing.The wellness company attributed the expected loss to lower revenue contribution and higher operating and fulfilment related costs from Taiwan operations, higher depreciation of right-of-use assets, and higher finance costs stemming from increased borrowings.The company will release its financials on or before May 29.
Powermatic Data Systems' (SGX:BCY) attributable profit to owners jumped in the fiscal second half ended March 31 to SG$11.6 million from SG$2.2 million a year earlier, according to a Tuesday bourse filing.Earnings per share came in at SG$0.3296 compared with SG$0.0626 in the year-ago period.Revenue surged year over year to SG$22.3 million from SG$6.9 million, backed by strong performances from the property development segment.The designer and manufacturer of wireless connectivity devices declared a final dividend of SG$0.04 per share and a special dividend of SG$0.0015 per share.