Robotphoenix Intelligent Technology's (HKG:6871) shares opened 79% above their initial public offering price in a stellar Hong Kong debut on Monday morning.
The China-based industrial robotics maker opened at HK$54.65 per share, well above the offer price of HK$30.50.
ISDN (SGX:I07, HKG:1656) recorded an attributable profit of SG$3.7 million in the first quarter, up from SG$120,000 a year prior.The industrial automation company's revenue jumped 24% to SG$113.7 million from SG$91.5 million in the year-ago period, according to a Friday filing with the Hong Kong bourse.
Amir Chand Jagdish Kumar (Exports) (NSE:AMIRCHAND, BOM:544743) incorporated a wholly owned subsidiary in Singapore, named Aeroplane FMCG Pte. Ltd., according to a Friday filing.The subsidiary will operate in the fast-moving consumer goods segment and deal in rice and FMCG products, the filing said.Amir Chand Jagdish Kumar subscribed to 500 shares with a face value of $1 each in the subsidiary, it added.
Senco Gold (NSE:SENCO, BOM:543936) confirmed Friday news reports of a burglary incident at a franchisee showroom in West Bengal, India.The Indian jewellery store company added that the franchisee in Dhuliyan, Murshidabad, filed a report with the local police and its insurance company. Store employees are safe and unharmed.Senco Gold also noted that the Thursday incident has no inventory or financial impact on the company but that it will provide "comprehensive support" to its franchisee.