Keda Industrial Group (SHA:600499) completed the transfer of reserved grant shares that were part of its 2025 employee stock ownership plan, according to a Shanghai bourse filing on Saturday.
The Chinese clean energy technology developer's shares fell 2% at the close of Monday's trade.
The reserved grant shares were worth about 47.3 million yuan.
About 12 million underlying shares, valued at 3.95 yuan each, were granted to 162 participants.
Mount Everest Gold (HKG:1815) said two investors will not proceed with previously agreed subscriptions for new shares, according to a Monday filing with the Hong Kong bourse.The subscriptions would have involved the issuance of an aggregate 100 million new shares under a general mandate.Mount Everest Gold said the decision constitutes a material breach of the subscription agreements and that the subscriptions will not be completed.The company said it is seeking legal advice and is considering actions against the subscribers, including potential claims for default interest, damages, and losses arising from the alleged breach.Shares of the firm were up more than 6% in Monday afternoon trade.
Agri-machinery company Escorts Kubota's (NSE:ESCORTS, BOM:500495) total sales grew 18.9% to 12,310 tractors in May against 10,354 tractors sold a year ago, according to a Monday filing to the Indian stock exchanges.The company's shares were down by nearly 3% in recent trade.Domestic sales in April rose 22.5% year-on-year to 11,887 units, while exports dropped 35% to 423 units.Escorts' construction equipment division also jumped 40.2% year-on-year to 450 units from 321 units.
Yageo (TPE:2327) unit KEMET de Mexico approved a cash dividend distribution of 1.12 billion Mexican pesos, according to a Monday Taiwan Exchange filing.The electronic components manufacturer did not disclose any additional conditions or adjustments related to the payout.