Redsun Properties Group (HKG:1996) recorded contracted sales of 187 million yuan in May, according to a Thursday Hong Kong bourse filing.
The property company's sales area stood at 14,734 square meters, with an average selling price of 12,691 yuan per square meter.
For the five months ended May 31, contracted sales and sales area reached roughly 769 million yuan and 65,308 square meters, and an average selling price of 11,775 yuan per square meter.
Integrated Waste Solutions Group (HKG:0923) expects a 64% to 66% narrower attributable loss for the year ended March 31, compared to HK$490.1 million a year prior, according to a Thursday Hong Kong bourse filing.The waste recycler attributed the forecast to a drop in impairment losses on property, plant, and equipment and right-of-use assets; lower depreciation and amortization charges; and the absence of a share of loss from an associate.
Hindalco Industries (NSE:HINDALCO, BOM:500440) opened an Eternia experience centre in Lajpat Nagar, New Delhi, according to a company statement filed with Indian bourses on Thursday.The expansion is aimed at scaling its aluminium window systems business under the Eternia brand, the company said in the filing.It also set up a manufacturing facility in Bilaspur, Gurugram, the filing said. The facility has a built-up area of about 120,000 sq. ft. and a monthly production capacity of up to 250,000 sq. ft., along with R&D and training infrastructure for fabricators and installers, it added.
Bank Indonesia introduced a new cap on the purchase of US dollars, in a bid to make the rupiah less dependent on the US dollar, The Jakarta Globe reported Wednesday.Individuals and entities will, effective Tuesday, June 2, only be permitted to buy up to $25,000 per month, according to the report.Another measure in the same direction includes facilitating cross border transactions in local currencies, Bank Indonesia spokesperson Ramdan Denny Prakoso told the news outlet."The cooperation has currently been established with China, Japan, Malaysia, Thailand, South Korea, and the United Arab Emirates," Ramdan reportedly said.(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.)