Libas Consumer Products (NSE:LIBAS) received board approval to raise up to 145 million Indian rupees through a rights issue of shares, according to a Tuesday filing with the Indian stock exchanges.
The company plans to the issue equity shares of face value of 10 rupees each on a rights issue basis.
The issue is subject to the receipt of applicable regulatory and statutory approvals.
Luxshare Precision Industry (SHE:002475) said its share price has closed at or above 72.76 yuan, 130% of the 55.97 yuan conversion price of its convertible bond, for 10 trading days through June 2.If the company's shares hit this level for five more days within the next 20 trading days, the conditional redemption clause will be triggered, giving the board the right to redeem all outstanding unconverted bonds at par value plus accrued interest.The bonds, which mature in November, were issued in December 2020 for 3 billion yuan.Shares of the electronic components manufacturer rose 4% in recent trade.
Cathay Financial (TPE:2882) unit Cathay Securities Investment Trust has appointed Liu Shan-Chi as vice chairman, effective Tuesday, according to a same-day Taiwan Exchange filing.Shares gained over 2% in Wednesday's late morning trade.Liu currently serves as senior executive vice president of Cathay Financial, and is also a director of Cathay Life Insurance, and Cathay Securities Investment Trust.
Mapletree Investments' profit after tax and minority interest, or PATMI, rose 26% in the fiscal year ended March 31 to SG$285.6 million from SG$227.2 million a year earlier, according to a release by the REIT on Tuesday.The REIT reported a stable revenue of SG$2.2 billion during the period and booked total gross proceeds of SG$4.2 billion.In fiscal 2026, the REIT completed 13 development projects and as of March 31, it had SG$5.4 billion worth of projects under development.