OxPay Financial (SGX:TVV) has agreed to extend the long-stop date for its previously disclosed convertible loan agreement of a principal amount of up to SG$2.5 million, according to a Tuesday filing with the Singapore Exchange.
The extended deadline gives the financial services firm more time to get the required approvals, the filing said.
The company had signed a deal last month with Oxley Capital Management to acquire to acquire the loan.
ITCONS E-Solutions (BOM:543806) has secured a contract worth 33.7 million Indian rupees from the Additional Commissioner of Police, Provisioning & Logistics, Delhi, India, according to an Indian bourse filing on Tuesday.Under the contract, the company will provide 103 resources for one year. The contract will begin on June 1, 2026 and run through May 31, 2027, the filing said.Shares of the company fell nearly 1% in recent trade.
Baker Technology (SGX:BTP) bought back 10,000 shares in the open market on Tuesday for SG$4,963 or SG$0.495 apiece, according to a same-day filing with the Singapore Exchange.The technology company has bought back 329,700 shares from its existing buyback mandate.
Mitsubishi UFJ Financial Group (TYO:8306) is assessing various strategic options for Bank Danamon Indonesia, which could involve taking the lender private or divesting part of its holding to meet public ownership requirements, Bloomberg News reported on Tuesday.The Japanese banking giant has engaged a financial adviser to assist with the planning process, though no final decision has been made and a deal may not materialize, the news wire said.A representative for MUFG declined to comment to the news outlet, while Danamon said it is reviewing recent regulatory changes and will take appropriate steps to remain compliant.The development followed the new Indonesian rules introduced earlier this year, which required listed companies to raise their public floats within three years, the news outlet reported.MUFG currently holds approximately 92.5% of Danamon, which has a market capitalzation of 47 trillion rupiah, the report said.MUFG did not immediately respond to' queries at press time.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)