Sichuan Golden Summit's (SHA:600678) stock fluctuated by more than 12% cumulatively for three straight trading days from May 28 to June 1, according to a Tuesday filing with the Shanghai bourse.
The bourse capped the company's daily price fluctuation at 5% after auditor Zhongshen Asia Pacific gave Golden Summit an adverse opinion on its internal control audit report, the filing said.
Shares closed 1% higher on Tuesday.
Wilmar International (SGX:F34) signed an agreement with Tropical General Investments (TGI), to form a 50:50 joint venture to address the West African market, according to a Tuesday filing with the Singapore Exchange.Under the agreement, the agribusiness company and TGI will combine their businesses in Nigeria and Benin to create a single venture, which will target an addressable market of over $12 billion.The deal is subject to regulatory and other clearances and is slated to conclude later this year.
Nippon Television's (TYO:9404) consolidated subsidiary has completed the sale of a portion of its investment securities, recording a gain of 19.6 billion yen.The sale, conducted from May to June, aims to reduce cross-shareholdings based on the Corporate Governance Code and improve asset efficiency and corporate value.The gain is already included in the company's full-year consolidated earnings forecast for the fiscal year ending March 31, 2027, according to a Tokyo bourse filing on Tuesday.
Mooreast (SGX:1V3) signed an exclusive five-year agreement with Sweden-based SeaTwirl AB for its representation in the ASEAN market, according to a filing with the Singapore Exchange on Tuesday.Under the agreement, the company will be SeaTwirl's partner for its vertical-axis wind turbine technology in the region.Through the partnership, the company will gain access to European floating wind technology, while SeaTwirl will become an entry partner in the region.