Newtrend (HKG:2573) agreed to sell HK$65 million in previously invested notes to Sailing No. 3 Investment Limited Partnership Fund at a HK$2 million discount, according to a Thursday filing with the Hong Kong bourse.
The food-grade glycine and sucralose manufacturer's shares gained over 4% in morning trade Friday.
The company said it would sell the notes for HK$63 million, with proceeds meant for general working capital.
Thakral (SGX:AWI) is expecting to report a net loss during the first quarter of the year, according to a Thursday filing with the Singapore Exchange.Shares of the property developer were down nearly 1% in Friday trading.The company has attributed this to net fair valuation loss on investments in GemLife and The Beauty Tech Group.
HS Optimus (SGX:504) booked an attributable profit to owners of SG$4.1 million during the fiscal second half ended March 31, against an attributable loss of SG$815,000 a year earlier, according to a Thursday bourse filing.Earnings per share came in at SG$0.00075 compared with SG$0.00015 in the year-ago period.Revenue declined 13% year over year to SG$5.6 million from SG$6.4 million.
Hillgrove Resources (ASX:HGO) completed the AU$5 million stage one consideration payment to Havilah Resources (ASX:HAV) under the farm-in agreement on the Mutooroo project in South Australia, according to a Friday filing with the Australian bourse.The company issued 116.3 million shares as well as 116.3 million unlisted options at an exercise price of AU$0.052, with an expiry date of June 29, 2028, the filing said.The issue of the shares and options was conditional on the renewal of exploration license 6592, which was fulfilled on May 22.Meanwhile, the first phase of the Mutooroo pre‑feasibility study has started, with mobilization of the study team underway, per the filing.Havilah Resources shares rose 2% in midday trade Friday.