MetaOptics' (SGX:9MT) proposed dual listing on the Nasdaq Stock Market remains on track, according to a Wednesday filing with the Singapore Exchange.
Shares of the semiconductor optics company slid over 3% during Thursday trading.
The company has received an SGX listing and quotation notice for the new shares tied to the Nasdaq listing, with the new shares to be placed out by July 31, in compliance with bourse directives.
Atlanta Electricals (NSE:ATLANTAELE, BOM:544527) has received an order worth 2.85 billion Indian rupees from the Punjab State Transmission Corporation for the supply of power transformers, according to a Wednesday filing with the Indian stock exchanges.The company's shares were up 5% in early trade on Thursday.The contract covers the supply of 23 units of 160 MVA, 220/66 kV power transformers along with nitrogen injection fire prevention and extinguishing systems (NIFPES) and optional spares.Punjab State Transmission Corporation has been a customer of the company since 2018, and Atlanta has supplied around 200 transformers with an aggregate installed capacity of around 5,000 MVA across the state of Punjab in India.
T-Robotics (KOSDAQ:117730) secured an order for an automated guided vehicle (AGV) retool from Ford Energy Battery, according to a Thursday filing with the Korea Exchange.The contract, valued at 15 billion won, is valid till June 3, 2028Shares of T-Robotics rose nearly 3% in recent trade.
Ennoconn (TPE:6414) unit Vecow approved a public tender offer to acquire common shares of Lex Computech, according to a Wednesday Taiwan Exchange filing.The investment is part of a financial investment strategy aimed at boosting long-term returns and strengthening cooperation between the companies.The offer price is NT$48 per share in cash, with Vecow depositing NT$240.0 million into a trust account managed by Mega Securities to fund the transaction.The tender offer is scheduled to run from June 4 to July 8.The completion of the offer remains subject to approval from Taiwan's Ministry of Economic Affairs' Investment Review Department before the tender offer expires.