Sirnaomics (HKG:2257) said it agreed to issue HK$11.4 million worth of shares to an individual investor, according to a Monday filing with the Hong Kong bourse.
The biotechnology company's shares gained nearly 12% in morning trade Tuesday.
The company will issue 2.4 million shares at HK$4.69 apiece to Tse Shek Ho, a vice president of the group's corporate management department.
Proceeds from the share sale will be used for general working capital.
Goldpac Group (HKG:3315) expects 7.6 million yuan in attributable profit for the first four months of 2026, a decrease of nearly 59% from the 18.4 million yuan recorded a year earlier, according to a filing with the Hong Kong bourse Monday.The secure payment products provider's shares fell nearly 4% in morning trade Tuesday.The firm attributed the decrease to intensified marketing competition and foreign exchange losses.
Singapore's High Court has criticized the manner in which United Overseas Bank (SGX:U11) has been taking inconsistent legal positions on late payment charges in connection with mortgage cases, according to a Straits Times report on Tuesday.Assistant Registrar, Randeep Singh Koonar, termed the bank's actions "unsatisfactory" for withdrawing claims in court when asked for a legal justification, the report said.The recent judgment was delivered in a 2026 case filed by UOB against a company named SGmade Co-Operates, that owed it around SG$556,200, the report noted.According to Randeep, the bank had withdrawn its claims when the High Court asked for legal justification, the report added.Later on, the bank admitted that it was not legally allowed to impose late payment charges via monthly installments, the report noted.(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.)
Here are the ASX-listed companies with the biggest losses on Tuesday.ASX (ASX:ASX): -12%, AU$51.51Elevra (ASX:ELV): -7%, AU$12.75PEXA Group (ASX:PXA): -7%, AU$10.67Infratil (ASX:IFT): -5%, AU$12.29Yancoal Australia (ASX:YAL): -4%, AU$6.69Telix Pharmaceuticals (ASX:TLX): -4%, AU$12.82Challenger (ASX:CGF): -4%, AU$8.89Whitehaven Coal (ASX:WHC): -4%, AU$8.51Netwealth Group (ASX:NWL): -3%, AU$21.69Paladin Energy (ASX:PDN): -3%, AU$11.13