Lendlease Global Commercial REIT (SGX:JYEU) distribution per unit, or DPU, rose 3% during the first half of the year to SG$0.0185 from SG$0.018 a year earlier, according to a Monday filing with the Singapore Exchange.
Amount distributable to unit holders jumped 40% to SG$61.7 million from SG$44.1 million.
Net property income was up 6.6% to SG$78.7 million from SG$73.8 million a year earlier.
Gross revenue rose 6.8% year over year to around SG$110 million from SG$102.9 million.
Everlight Electronics Co (TPE:2393) has filed a patent infringement lawsuit in a US district court against Nichia Corporation and Nichia America Corporation over some flash LED products, according to a Friday filing to the Taiwan stock exchange.The company has claimed that Nichia's flash LED products infringe its patent rights, and has requested the court to order the defendants to pay damages for the same.As of now, the case does not have any material impact on the company's financial position or overall operations. Subsequently, the financial impact will depend on the progress of the litigation and the court's final adjudication.
Horizon Gold (ASX:HRN) identified high-grade gold mineralization during recent drilling at its Gum Creek gold project's Kingfisher, Hawk and Swan deposits in Western Australia, according to a Monday Australian bourse filing.The results were up to 23 meters at 5.26 grams per tonne gold from 188 meters, including 15 meters at 7.65 grams per tonne gold.Follow-up reverse circulation and diamond drilling is being planned at all three prospects, with diamond and reverse circulation drilling continuing across the Gum Creek project area, the filing added.The company's shares rose 3% in recent Monday trade.
Powerchip Semiconductor Manufacturing's (TPE:6770) chairman and chief executive officer, Frank Huang, has passed away, according to a Friday filing with the Taiwan Exchange.The wafer foundry company has named Vice Chairman Brian Shieh to legally assume the chairman's duties, with plans in place to continue the company's growth in Taiwan's high-tech industry.