-- Shui On Land (HKG:0272) said its Shui On Development unit plans to issue $150 million in offshore debt, according to a Hong Kong bourse filing Monday.
The property developer's shares fell nearly 2% in late morning trade Tuesday.
The debt will be offered as 9.75% senior notes due 2029 and guaranteed by the group.
The notes will be listed in Singapore and proceeds raised will be used to refinance the company's existing borrowings.
BP (BP.L) reported on Tuesday that its attributable profit and total revenue increased year over year in the first quarter.Profit attributable to shareholders for the three months ended March 31 was $3.84 billion, compared with $687 million earlier. EPS moved to $0.2453 from $0.0427, while earnings per American depositary receipt increased to $1.47 from $0.26.The oil and gas company's total revenue and other income were $53.37 billion, compared with $47.88 billion a year ago.Meanwhile, the board declared an interim dividend of $0.0832 per share for the quarter, payable June 26 to shareholders on record May 15. It paid $0.0800 per share in the year-ago period.
4DMedical (ASX:4DX) said State Street and its subsidiaries have become a substantial holder in the company on April 24 with a stake of 5.01% or 29.6 million shares, according to a Tuesday Australian bourse filing.
Samaiden Group (KLSE:SAMAIDEN) completed its acquisition of two parcels of leasehold land in Perak, Malaysia, following payment of the balance purchase price of 41 million ringgit, according to a Monday Malaysian bourse filing.Shares of the renewable energy and clean energy solutions company fell 3% in Tuesday's midday trade.The land, measuring about 185.57 hectares in total, was acquired through its unit Samaiden Capital Management from Kelapa Sawit (Teluk Anson) for 45.5 million ringgit.