Shanghai Xintonglian Packaging (SHA:603022) will seek a 300 million yuan credit line, valid for 12 months, according to a Saturday filing with the Shanghai bourse.
The company will use the proceeds to boost production, operations, and business development needs, among others.
Ichigo Hotel REIT (TYO:3463) recorded a 3% year-on-year decline in revenue from 24 hotels to 992.7 million yen in April, a Monday Tokyo bourse filing said.The REIT logged a 3.8% on-year decrease in revenue per available room to 8,596 yen during the month under review.Occupancy rate for the month slipped 1.7% to 82.8% from the year-ago period.The average daily rate for the month was down 2.1% to 10,379 yen from April 2025.
Shandong Fiberglass (SHA:605006) plans to establish a branch in Yiyuan, China, by leasing assets from a subsidiary, according to a Shanghai bourse filing on Saturday.The fiberglass maker's shares jumped 3% at the close of Monday's trade.The company plans to lease the precious metals processing workshop of its subsidiary, Zibo Zhuoyi Fiberglass Materials, to the proposed branch.The assets include fixed assets, which contain 82 pieces of equipment with a net book value of 13.7 million yuan, and liabilities, which consist of four items with the same amount.
Materials analysis firm MA-tek plans to invest around NT$700 million to upgrade seven laboratories across northern and southern Taiwan under government-backed investment schemes, Now News reported Monday.The upgrades span Hsinchu County, Hsinchu City and Tainan, and will add advanced testing equipment alongside 208 new jobs, according to the report.The company, which serves semiconductor, display and optoelectronics sectors, is pushing deeper into AI-enabled testing, automated reporting and data-driven management systems. It also plans workflow reviews aimed at improving energy efficiency and establishing a greenhouse gas inventory framework, the report 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.)