-- Zip (ASX:ZIP) received notice that JPMorgan Chase and its affiliates increased their holdings in the company to 7.42% from 6.27%, according to a Monday Australian bourse filing.
JPMorgan Chase and its affiliates now own 93.2 million shares in the company, the filing said.
Uni-President Enterprises (TPE:1216) unit China investment acquired a structured deposit product from CTBC Bank's Shanghai branch worth 100 million yuan, according to a Friday Taiwan Exchange filing.Shares gained about 1% in Monday's late morning trade.The product, named Hui Gao Xin Fu 20260028, is a principal-guaranteed, RMB-linked structured deposit.The investment is aimed at generating stable returns through low-risk financial products, the filing said.
Keppel's (SGX:BN4) subsidiary, Corredance, started an arbitration against its three partners in a Vietnamese joint venture over land fees, according to a Monday filing with the Singapore Exchange.Corredance is seeking declarations that Denver Power, Tien Phuoc Real Estate Joint Stock Company, and Tran Thai Lands, not the company, are fully liable for about 6.877 trillion dong of additional land use fees that the authorities have imposed on their joint venture by the end of 2025.The joint venture was established for constructing, developing and operating residential and mixed-use developments in Ho Chi Minh. It is 40% owned by Corredance.
China Resources Microelectronics' (SHA:688396) net profit attributable to shareholders in the first quarter surged 297% to 330 million yuan from 83.2 million yuan a year earlier, according to a Shanghai bourse filing on Saturday.The Chinese semiconductor manufacturer's shares rose 1% during Monday's midday trade.Earnings per share soared 295% year on year to 0.25 yuan from 0.06 yuan.Operating revenue jumped 21% to 2.86 billion yuan from 2.35 billion yuan in the previous year.