Shenzhen SEICHI Technologies (SHA:688627) is looking to raise up to 2.86 billion yuan from the sale of 28.2 million shares to up to 35 investors in a private placement, according to a Friday disclosure to the Shanghai Stock Exchange.
The Chinese testing equipment manufacturer plans to use the proceeds to fund research and development for semiconductor memory testing equipment, and high-end chip testing equipment, among others.
Smart Fish Wealthlink (HKG:0139) unit Daqi Culture (Shenzhen) agreed to acquire a property in China from Qingdao Lushang Jinxiu Real Estates for 25.5 million yuan, according to a Friday Hong Kong bourse filing.The consideration will be set off against part of a nearly HK$33.7 million amount owed by merchants Hon Hak Ka and Ai Qing to Top Billion Finance, another subsidiary of the company, on a dollar-to-dollar basis.Daqi Culture plans to lease out the property, comprising 170 car park spaces in the basement of a property project in Shandong Province, China, following completion.
Dreamfolks Services (NSE:DREAMFOLKS, BOM:543591) posted a consolidated loss attributable to shareholders of 130.9 million Indian rupees in the fiscal fourth quarter, compared with a profit of 149.4 million rupees a year ago, according to an Indian bourse filing on Tuesday.Loss per share for the quarter ended March 31 stood at 2.44 rupees, compared with earnings per share of 2.78 rupees a year earlier.The airport and travel services aggregator's revenue from operations fell sharply year on year to 526.4 million rupees from 3.14 billion rupees, the filing said.
Xi'an Eswin Materials Technology (SHA:688783) will invest up to 40 million yuan in a pre-A+ funding round for Zhuhai Yiyuan Technology, according to a Friday filing with the Shanghai bourse.Zhuhai Yiyuan Technology seeks to raise between 100 million yuan and 200 million yuan in a funding round.The glass manufacturer plans to use the proceeds for capacity expansion, equipment procurement, and technology upgrades.