WuXi XDC Cayman's (HKG:2268) trustee bought back 5.7 million shares of the firm from the market for about HK$57.3 apiece, according to a Friday filing with the Hong Kong bourse.
The shares represent 0.45% of the contract research, development and manufacturing organization's issued share capital.
MAAS Group Holdings' (ASX:MGH) proposed sale of its construction materials business to Heidelberg Materials Australia is under a phase one initial assessment by the Australian Competition and Consumer Commission (ACCC), the regulator said Thursday.Maas Group agreed to sell the unit to Heidelberg in February for up to AU$1.7 billion in cash.The ACCC said the two companies overlap in the supply of ready-mix concrete, coarse aggregates, fine aggregates, asphalt, and construction-related waste disposal and recycling services in certain regions in Australia.The phase one review of the deal is expected to conclude by July 13.The company's shares were up 1% in recent Friday trade.
Pacific Lime and Cement (ASX:PLA) appointed Darren Holley as chief commercial officer and chief operating officer, effective June 1, according to a Friday Australian bourse filing.The company's shares rose 3% in recent Friday trade.
Qantas Airways (ASX:QAN) shares rose more than 1% in recent Friday trade after the company said Thursday it struck a partnership allowing its frequent flyer members to book classic reward seats across the entire Philippine Airlines network.The collaboration gives Qantas frequent flyers greater access to North America, the Middle East, and 15 new island destinations via Manila.Philippine Airlines operates 22 weekly flights between Australia and Manila, including daily service from Sydney and Brisbane, the statement said.