Thakral's (SGX:AWI) attributable profit to equity holders jumped 109% to SG$3.3 million in the first quarter from SG$1.6 million a year earlier, according to a Wednesday bourse filing.
Shares of the property developer were up over 3% in Thursday trading.
Revenue climbed 44% year over year to SG$109.5 million from SG$76 million, the filing showed.
China Overseas Property (HKG:2669) entered into a three-year financial services master agreement with China State Construction Finance, according to a Wednesday Hong Kong bourse filing.Under the agreement, China State Construction Finance will provide deposit, loan, and other financial services to the property management company on a non-exclusive basis through June 2029.The company set a maximum daily deposit balance of 100 million yuan, including accrued interest.Both companies are ultimately controlled by China State Construction Engineering (SHA:601668), making the arrangement a continuing connected transaction, the filing said.Shares of China Overseas were down over 1% in Thursday morning trade.
Medical equipment manufacturer Plasmapp (KOSDAQ:405000) secured a supply contract for U510 and STERI700 sterilizers from Qmed Master Distribution, according to a Thursday filing with the Korea Exchange.The contract, valued at 3.53 billion won, is valid till June 1, 2027.Shares of Plasmapp fell more than 2% in recent trade.
South Korea's ruling Democratic Party secured the majority of seats in local elections, early vote counting showed on Thursday, Reuters reported the same day.President Lee Jae Myung's party won Busan and led in 12 of 16 mayoral and provincial contests across the country, the report said.Meanwhile, incumbent Oh Se-hoon of the opposition People Power Party (PPP) held a narrow lead in the capital Seoul, where voting disruptions have been reported over a shortage of ballot papers, the report said.(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.)