LS Electric's (KRX:010120) US-based subsidiary, LS Electric America, won a contract from Bloom Energy to supply fuel cell-based power systems for North American data centers, according to a Friday filing with the Korea Exchange.
The agreement, valued at 319 billion won, is valid until March 29, 2027.
Shares of LS Electric fell over 6% in recent trade.
Eagle Hospitality Trust (SGX:LIW) received the green light from the Singapore Exchange for the delisting of Eagle Hospitality Real Estate Investment Trust from the bourse's Official List, according to a Friday bourse filing.The delisting is subject to an official company update.The trust will confirm the date and time of delisting in due course, the filing added.This follows the trust's plan to wind up, terminate, and delist Eagle Hospitality Real Estate Investment Trust.Eagle Hospitality Trust is a Singapore-based hospitality stapled group that comprises Eagle Hospitality Real Estate Investment Trust and Eagle Hospitality Business Trust.
City Developments (SGX:C09) obtained a SG$300 million multicurrency sustainability-linked loan from DBS Bank, according to a Friday filing with the Singapore Exchange.The loan is linked to the company's aim of adopting nature-based solutions and to support Singapore's transformation into a "City in Nature," which is part of the city-state's Green Plan 2030.The loan will be used for general corporate funding and working capital needs.
LHN's (SGX:41O, HKG:1730) attributable profit to equity holders climbed 19% in the fiscal first half ended March 31 to SG$16.8 million from SG$14.1 million a year earlier, according to a Thursday filing with the Singapore Exchange.Shares of LHN Group fell more than 4% in late Friday trade on both the Singapore Exchange and the Hong Kong Stock Exchange.Earnings per share rose to SG$0.0389 compared with SG$0.0334 in the year-ago period.Revenue, however, declined 14% year over year to SG$60.9 million from SG$70.6 million.The company declared an interim dividend of SG$0.01 per share for the period, unchanged from a year earlier. The dividend will be paid on June 26.