Xiamen Tungsten (SHA:600549) experienced an abnormal stock fluctuation for three consecutive trading days, but its operations remain normal, according to a Shanghai bourse filing on Friday.
The company's closing stock price between June 2 and June 4 was more than 20%, exceeding the bourse's threshold.
The company's probe found that it does not have a significant disclosure that could affect its stock movement.
The Chinese tungsten carbide manufacturer's shares rose 1% during morning trade.
Annica Holdings (SGX:JFQ) lodged an offer information statement for a renounceable non-underwritten rights issue to raise up to SG$5.2 million in net proceeds, according to a Friday filing with the Singapore Exchange.The renewable energy firm will issue up to 168.5 million shares at SG$0.034 per share, on the basis of six rights shares for every five existing shares held.Proceeds raised from the issue will be used for renewable energy project development, working capital, debt reduction and for general corporate purposes.
South Korean software developer Catis (KOSDAQ:140430) secured a security & IT infrastructure construction contract for the Gimpo Data Center from Daelim, a manufacturer of laminated steel products.The contract, valued at 5.81 billion won, is valid until Oct. 24, 2027, according to a Friday filing with the Korea Exchange.Shares of Catis rose more than 4% in recent trade.
City Developments (SGX:C09) completed an off-market purchase of non-redeemable convertible non-cumulative preference shares at the close of the equal access offer, according to a Friday filing with the Singapore Exchange.Under the capital management exercise, the group accepted and finalized the repurchase of about 24.1 million preference shares, the filing said.