FINWIRES · TerminalLIVE
FINWIRES

Tiger Logistics (India) Bags New Transportation Order Worth INR40 Million

By

Tiger Logistics (India) (BOM:536264) has secured a new import break bulk logistics order worth 40 million Indian rupees from Bharat Heavy Electricals (NSE:BHEL, BOM:500103), according to a BSE filing on Thursday.

The company's shares were up nearly 1% in Friday's trade.

The contract is for the movement of 13 over-dimensional cargo units, each weighing 89 MT, from Italy to India.

The project is expected to be executed in six months.

Related Articles

Asia

Singapore Welcomes US-Iran Peace Deal, Commends Mediators

Singapore has welcomed the signing of a memorandum of understanding between the U.S. and Iran to end hostilities and establish a framework for further negotiations, according to an official statement by the Ministry of Foreign Affairs on Thursday.The ministry commended the mediatory role played by Pakistan and Qatar to broker an interim deal between the two sides, while also welcoming the commitment to reopen the Strait of Hormuz.U.S. President Donald Trump signed the deal in France during the G7 summit, while the president of Iran, Masoud Pezeshkian, signed the document on Wednesday.

^STI
Asia

Keppel Repurchases Shares Worth SG$2.3 Million

Keppel (SGX:BN4) bought back 200,000 shares in the open market on Wednesday for nearly SG$2.3 million, according to a same-day filing with the Singapore Exchange.The infrastructure and real estate company has so far repurchased over 11 million shares under its existing buyback mandate.

SGX:BN4
Asia

Teco Electric and Machinery Unit Leases Office Space for NT$22 Million

Teco Electric and Machinery (TPE:1504) TECNOS International Consulting acquired the right to use office space in Taipei, Taiwan, for NT$22.4 million, according to a Thursday Taiwan Exchange filing.Shares gained about 2% in Friday's late morning trade.The assets will be purchased from related party Tong-An Assets Development & Management.The lease term runs from July 1, 2026, to June 30, 2032, and the office space will be used to meet operational requirements.

TPE:1504