Tasmea (ASX:TEA) declared a fully franked special dividend of AU$0.10 per share, representing a capital return of about AU$26.2 million, according to a Thursday filing with the Australian bourse.
The board approved the inclusion of the dividend in the company's dividend reinvestment plan at AU$6.85 per share, the filing said.
The dividend is payable June 25 to shareholders on record as of June 10, per the filing.
Shares fell nearly 2% in morning trade Thursday but earlier hit an all-time high.
(Updates to add stock movement in the first paragraph)Pmet Resources (ASX:PMT) shares rose marginally in recent trading on Thursday after the company said late Wednesday it received a non-binding letter of interest (LOI) from Societe Generale for a potential project financing for the phase one development of its Shaakichiuwaanaan Project in Quebec.The bank is eyeing a role as mandated lead arranger for a prospective debt package, Pmet Resources said in a statement.The LOI supports ongoing efforts to form a syndicate of major international lenders and export credit agencies, building on recent engagement from Export Development Canada, KfW IPEX-Bank, and another Canadian financial institution.The company said the LOI permits further due diligence as it advances toward its updated feasibility study targeted for the fourth quarter, but is subject to full due diligence, internal approvals, and definitive documentation.
Chongqing Genori Technology (SHA:688797) filed for the initial public offering of 38.8 million shares on the Shanghai Stock Exchange's STAR Market board.Proceeds will fund production expansion and research and development centers to advance domestic substitution of critical semiconductor parts, according to a Thursday prospectus on the Shanghai bourse.The expected offering date is on June 12.CITIC Securities serves as the lead underwriter.Chongqing Genori Technology supplies semiconductor equipment components and surface treatment solutions for integrated circuits and display panel manufacturers.
Downer EDI (ASX:DOW) won contracts of up to nine years to provide road maintenance and incident response services on Transurban's (ASX:TCL) northern assets in New South Wales, according to a Thursday filing with the Australian bourse.Transurban's northern assets include the NorthConnex tunnel, M2 Motorway, and Lane Cove Tunnel, the filing said.Service delivery under the New South Wales Incident Response and Maintenance Services (North Region) contracts will start in July for an initial seven-year term, with the option for two one-year extensions.The company expects total revenue of AU$310 million over the full nine-year term, per the filing.Downer shares fell 1% in morning trade on Thursday.