NITCO (NSE:NITCO) received an additional marble supply order worth 666.5 million Indian rupees from Prestige Estates Projects, according to a Tuesday filing on Indian bourses.
Shares of the company jumped nearly 5% in Wednesday's trade.
With the latest order, the aggregate order value from Prestige Estates stands at about 3.47 billion rupees, the company said in the filing.
The company expects to execute the order over around 12 months, the filing said.
Keppel (SGX:BN4) bought back 200,000 shares in the open market on Wednesday for about SG$2.2 million, according to a same-day filing with the Singapore Exchange.The infrastructure and real estate company has so far repurchased 4.1 million shares under its existing buyback mandate.
Trans-China Automotive's (SGX:VI2) revenue dropped 7.3% to 425.3 million yuan in the first quarter from 458.9 million yuan a year earlier, according to a Wednesday filing with the Singapore Exchange.Trans-China attributed the decline to ceasing new car sales operations in its BMW Guangzhou dealership.The automotive dealership said it delivered 1,142 units between January and March, down 12.4% from the year-ago period.Shares of the company closed 8% lower on Wednesday.
Aichi Financial Group (TYO:7389) and San ju San Financial Group (TYO:7322) will create a regional banking group with total assets worth more than 11.6 trillion yen, based on a basic agreement signed on Wednesday.The two companies aim to complete the business integration through an absorption-type merger by April 1, 2027, following the execution of a definitive agreement in September 2026 and shareholder approvals in December 2026.The merger is driven by the need to respond to Japan's declining population, the transition to a "world with interest rates," and intensifying competition from IT and digital technologies.The companies will maintain their separate bank brands after integration, operating under a two-brand structure.The merger remains subject to obtaining necessary approvals from relevant regulatory authorities, and the merger ratio will be determined later based on due diligence and third-party valuation.