4 stories mentioning HKG:0990Updated just now
Every FINWIRES story that references HKG:0990, newest first.
Deep Source Holdings (HKG:0990) has received approval from Malaysian authorities for the construction of an artificial intelligence data center in the country, according to a Monday bourse filing.The company, which trades commodities and offers financial services, said it is now working to meet electricity and water consumption requirements and fast-track other relevant formalities to break ground on the project.
Deep Source Holdings (HKG:0990) planned to repurchase shares in the open market under a shareholder-approved mandate, according to a Tuesday Hong Kong bourse filing.The company was authorized to repurchase up to 1.48 billion shares, representing 10% of its issued share capital.The metal distributor's shares jumped nearly 8% in recent trade.
Deep Source (HKG:0990) said its five indirect subsidiaries entered into a share purchase agreement to sell the group's financial services businesses to Marex Group for an estimated consideration of HK$1.3 billion.The disposal covers the sellers' entire interests in seven subsidiaries, including Bright Point International Futures, Bright Point International Digital Assets, Bright Point International Financial (UK), Bright Point International Financial (SG), Guang Dian, Majulah EP and MEP VCC, according to a Hong Kong bourse filing.Upon completion, the companies will cease to be subsidiaries of Deep Source.
Deep Source (HKG:0990) has entered into parallel spodumene ore purchase and processing agreements with Anhui Dazhong New Energy Investment, according to a Friday filing with the Hong Kong bourse.The firm pre-locked the purchase of 150,000 tons of spodumene ore in China for 345 million yuan, though the amount shall be subject to the actual transaction confirmation, Deep Source said.Anhui Dazhong New Energy also agreed to process a similar amount of spodumene ore for the company at a rate of 18 million yuan, Deep Source said.Anhui Dazhong New Energy is a unit of Dazhong Mining (SHE:001203).
