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UI Boustead REIT Portfolio Occupancy Climbs to 92.2%

UI Boustead REIT (SGX:UIBU) reported a higher portfolio committed occupancy of 92.2% as at April 30, according to a Thursday filing with the Singapore Exchange.The occupancy rate increase was driven by renewed and signed leases for a total net lettable area of 305,292 square feet from Oct. 1, 2025 to April 30, 2026.

SGX:UIBU

Asia101d ago

SSY Group Gets China Nod for Vitamin B12 Injection

SSY Group (HKG:2005) obtained approval for its Cyanocobalamin (Vitamin B12) Injection from China's National Medical Products Administration, according to a Thursday Hong Kong bourse filing.The approval came as the drug passed the regulator's consistency evaluation of the quality and efficacy of generic drugs.The injection is primarily used for megaloblastic anemia caused by intrinsic factor deficiency such as neuritis, the pharma firm said.

HKG:2005

Asia101d ago

Sino Biopharm Unit's Application for Ascites Drug Accepted in China

Sino Biopharmaceutical (HKG:1177) unit's new drug application for M701 was accepted by China's National Medical Products Administration, according to a Thursday Hong Kong bourse filing.The drug was jointly developed by Chia Tai Tianqing Pharmaceutical Group, a subsidiary of the firm, for the treatment of malignant ascites caused by advanced epithelial malignancies.

HKG:1177

Asia101d ago

Bizotic Commercial Appoints CFO

Garments manufacturer Bizotic Commercial (BOM:543926) has appointed Dipak Hariprasad Dave as chief financial officer and key managerial personnel of the company, effective Thursday, according to a BSE filing on the same day.Prior to joining the company, Dave served as senior vice president at Axis Bank (BOM:532215).The company's shares were up nearly 1% in recent trade.

BOM:532215BOM:543926NSE:AXISBANK

Asia101d ago

Amazon Singapore to Pivot to International Store Model

E-commerce giant Amazon is looking to carry out a significant restructuring of its retail operations in Singapore, according to a company release on Thursday.Under the plan, the technology company will phase out its local grocery fulfilment vertical and will divert focus towards its international catalogue.The shift will reportedly result in under 10% of its workforce in Singapore losing jobs, according to a report by The Business Times.However, the company has outlined plans to provide support to employees who might not be internally relocated to other departments.

^STI

Asia101d ago

Malaysian Shares Extend Gains After Bank Negara Keeps Interest Rate Unchanged

Malaysian shares ended in green on Thursday, extending gains of the last four sessions, as the central bank kept interest rates unchanged.The FTSE Bursa Malaysia KLCI added 1.98 points to end 0.1% higher at 1,758.85. The day range was between 1,758.42 and 1,768.46.In economic news, Malaysia's central bank kept the Overnight Policy Rate (OPR) at 2.75%, in line with market expectations. Bank Negara Malaysia said global growth stayed resilient in early 2026, supported by strong domestic demand and continued expansion in the technology sector. However, higher energy and commodity prices, along with supply chain disruptions linked to Middle East tensions, are starting to weigh on momentum.Meanwhile, Malaysia's trade agency MATRADE has generated about 126.4 million ringgit in potential export deals through its International Sourcing Program (INSP), MATRADE announced in a Facebook post. Under the program, held in conjunction with SEMICON Southeast Asia, 49 Malaysian companies linked up with 14 international buyers from 12 different countries, including the US, Taiwan, and Switzerland.In corporate news, Pansar (KLSE:PANSAR) unit Perbena Emas secured a contract worth 234.9 million ringgit from Sarawak's Rural Water Supply Department (JBALB) to upgrade the Kaki Wong Water Treatment Plant. Shares ended flat on Thursday.Clean energy company Sunview (KLSE:SUNVIEW) completed the second tranche of the private placement after listing and quoting 9.1 million placement shares on the ACE Market of Bursa Securities.

FTSE Bursa Malaysia KLCIKLSE:PANSARKLSE:SUNVIEW

Asia101d ago

Jagsonpal Pharmaceuticals Sets Dates for INR400 Million Buyback

Jagsonpal Pharmaceuticals (NSE:JAGSNPHARM, BOM:507789) has fixed May 8 as the opening date and May 14 as the closing date for its share buyback plan worth 400 million, according to a Wednesday filing on Indian bourses.Shares of the company rose nearly 2% in Thursday's trade.The company will buy back up to 1.6 million equity shares at 250 rupees per share through the tender offer route, the filing said.

BOM:507789NSE:JAGSNPHARM

Asia101d ago

Singapore Airlines Budget-Friendly Unit to Add New Aircrafts to Fleet

Scoot, a low-cost unit of Singapore Airlines (SGX:C6L) made an order of five Airbus A320neo family aircraft, according to a Thursday filing with the Singapore Exchange.The airline also exercised options for an additional six aircraft from its 2014 order with Airbus.The new aircraft are expected to be delivered from 2028.The new aircraft will increase the company's capacity and route deployment capacity.

SGX:C6L

Asia101d ago

Jefferies Adjusts PB Fintech's Price Target to INR1,950 from INR1,800, Keeps at Buy

PB Fintech (BOM:543390, NSE:POLICYBZR) has an average rating of overweight and mean price target of 1,903.65 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:543390NSE:POLICYBZR

Asia101d ago

MRF's Consolidated Profit Climbs in Fiscal Q4

MRF's (NSE:MRF, BOM:500290) consolidated profit rose to 7.02 billion Indian rupees in the fiscal fourth quarter ended March 31 from 5.11 billion rupees a year ago.Earnings per share jumped to 1,655.80 rupees from 1,203.68 rupees a year ago, the tire manufacturer said in a filing to the Indian stock exchanges on Thursday.Revenue from operations also increased to 80.4 billion rupees from 70.7 billion rupees a year ago.The company's board recommended a final dividend of 229 rupees per share of 10 rupees each for the financial year ended March 31.

BOM:500290NSE:MRF

Asia101d ago

Jefferies Adjusts Bajaj Auto's Price Target to INR10,500 From INR9,100, Keeps at Hold

Bajaj Auto (NSE:BAJAJ-AUTO, BOM:532977) has an average rating of overweight and mean price target of 10,605.52 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:532977NSE:BAJAJ-AUTO

Asia101d ago

Jefferies Adjusts Godrej Consumer Products' Price Target to INR1,400 From INR1,500, Keeps at Buy

Godrej Consumer Products (NSE:GODREJCP, BOM:532424) has an average rating of overweight and mean price target of 1,321.75 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:532424NSE:GODREJCP

Asia101d ago

Jefferies Adjusts Shree Cement's Price Target to INR27,600 From INR27,530, Keeps at Hold

Shree Cement (NSE:SHREECEM, BOM: 500387) has an average rating of hold and mean price target of 27,845.13 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:500387NSE:SHREECEM

Asia101d ago

Jefferies Adjusts CG Power and Industrial Solutions' Price Target to INR745 from INR600, Keeps at Hold

CG Power and Industrial Solutions (NSE:CGPOWER, BOM:500093) has an average rating of overweight and mean price target of 780.40 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:500093NSE:CGPOWER

Asia101d ago

Jefferies Adjusts Polycab India's Price Target to INR9,770 From INR8,950, Keeps at Buy

Polycab India (NSE:POLYCAB, BOM:542652) has an average rating of overweight and mean price target of 8,819.59 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:542652NSE:POLYCAB

Asia101d ago

Jefferies Adjusts SRF's Price Target to INR2,450 From INR2,640, Keeps at Underperform

SRF (NSE:SRF, BOM:503806) has an average rating of hold and mean price target of 2,986.56 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:503806NSE:SRF

Asia101d ago

Truly International's Turnover Drops 16% in April

Truly International (HKG:0732) recorded a turnover of around HK$1.21 billion in April, down 16% from HK$1.45 billion a year prior, according to a Thursday Hong Kong bourse filing.For the four months ended April 30, turnover declined 18% to roughly HK$4.33 billion from HK$5.25 billion in the year-ago period.

HKG:0732

Asia101d ago

Singapore Shares Extend Gains Amid Positive US-Iran Talks

Singapore shares extended gains on Thursday, after the US president, Donald Trump, revealed that he held positive discussions with Iran, leading to a sharp decline in oil prices.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,932.89 and 4,958.05 throughout the day. It ended the session at 4,941.96, up 14.58 points or 0.3% compared to Wednesday's close.Earlier, Iran revealed it was reviewing a new US proposal to put an end of hostilities between the two nations.In economic news, Singapore's foreign exchange reserves rose to SG$544.1 billion in April from SG$541.7 billion in March, according to data from the Monetary Authority of Singapore.On the corporate front, shares of Coliwoo (SGX:W8W) surged nearly 7% at the close as its net profit attributable to equity holders jumped 44% in the fiscal first half ended March 31 to SG$13.4 million from SG$9.3 million a year earlier.AIMS APAC REIT's (SGX:O5RU) shares were up nearly 4% after its distribution per unit rose 2.6% in the fiscal year ended March 31 to SG$0.0985 from SG$0.096 a year earlier.Meanwhile, StarHub (SGX:CC3) reported 1% declined in its net attributable profit to shareholders plunged 81% in the first quarter of the year to SG$5.9 million from SG$31.8 million a year earlier.

^STISGX:CC3SGX:O5RUSGX:W8W8

Asia101d ago

Sunview Lists 9 Million Private Placement Shares

Sunview (KLSE:SUNVIEW) completed the second tranche of the private placement after listing and quoting 9.1 million placement shares on the ACE Market of Bursa Securities.The clean energy company proposed a private placement of up to 10% of its total shares to third-party investors, according to a Thursday Malaysian bourse filing.

KLSE:SUNVIEW

Asia101d ago

Rossell Techsys Receives Export Order for Wire Harness Manufacturing; Shares Jump 7%

Rossell Techsys (NSE:ROSSTECH, BOM:544294) received an order from an undisclosed overseas defense customer for manufacturing electrical wire harnesses, according to a Wednesday filing on Indian bourses.Shares of the aerospace and defense engineering and manufacturing company jumped over 7% in Thursday's trade.The order will be executed over eight to 12 months, the filing said.Financial details were not disclosed.

BOM:544294NSE:ROSSTECH

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