Power Grid Corp. of India (NSE:POWERGRID, BOM:532898) has commissioned the "Transmission Network Expansion in Gujarat to Increase ATC from ISTS, Part-B" project, according to a Wednesday filing on Indian bourses.
Shares of the company fell nearly 1% in Thursday's trade.
The project was commissioned effective May 13, while confirmation of the declaration of commercial operation (DOCO) was received on June 3, the company said in the filing.
Singapore boasts sufficient LNG replacement cargoes for the rest of 2026, despite supply chain disruptions from Qatar due to the US-Israel conflict with Iran, according to a report by Reuters on Wednesday, citing remarks made by Singapore Energy Market Authority Chief Executive Puah Kok Keong.Singapore relies on Qatari supplies for 10% of its natural gas needs, the report said.However, the city-state's energy market arm has sourced replacement cargoes from suppliers in Australia, the US and Africa, the report added.Meanwhile, Puah outlined plans to purchase more LNG across the globe to minimize concentration risk, the report noted.(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.)
GuoChuang Software (SHE:300520) controlling shareholder Hefei Guochuang will transfer 14.6 million shares, or 5% of total share capital, to Zhide Longteng's private fund for 28.00 yuan per share, totaling 409.1 million yuan.The transfer will not change the company's control structure, according to a Thursday filing with the Shenzhen bourse.Shares of the software developer were down 5% in recent trade.
USP Group (SGX:BRS), which is under judicial management, received approval from the Singaporean bourse to dispose of its Malaysian industrial property without requiring shareholder approval, according to a Wednesday bourse filing.The company sought the approval waiver because the property has been deemed a non-core asset and its sale is not expected to impact the consumer healthcare company's core operations.The sale price of the property, which has been used as a warehouse and a corporate office, is 20 million ringgit.