Financial News · Live Terminal

Page 2344 of 2377

Medtecs International Pulls Plug on JV with Shijiazhuang Hongray Following Strategic Review

Medtecs International (SGX:546) pulled the plug on its joint venture with Shijiazhuang Hongray, following a strategic review of plans and prevailing market conditions, according to a Friday filing with the Singapore Exchange.Shares of the protective equipment distributor were down nearly 2% in Monday trading.Following the review, the two parties have decided not to proceed with further capitalization of the joint venture company, Medtecs Hongray.In connection with the termination of the JV, Medtecs reached a separate agreement to dispose of its entire stake in RMKH Glove (Cambodia) to Hongray for $13.1 million.

SGX:546

International74d ago

Philippines Says China Energy Talks Must Uphold Sovereignty, Constitution

The Philippines said any move to revive oil and gas cooperation talks with China will strictly be in line with its constitution and legal framework, the Department of Foreign Affairs said in a statement on Sunday.The statement came amid renewed attention on proposals to reopen discussions with China on joint energy development in the South China Sea, where both countries have overlapping territorial claims.The Department said decisions on any potential deal would remain fully under its jurisdiction and guided by existing laws and jurisprudence.The development follows recent exploratory engagements between the two sides, partly driven by concerns over energy security and supply stability.

^PSEIShanghai Composite^SZSE

Equities75d ago

Shenzhen Gas' Q1 Profit Rises 15% Despite Revenue Contraction

Shenzhen Gas' (SHA:601139) net profit attributable to shareholders in the first quarter rose 15% to almost 267 million yuan from 233 million yuan a year earlier, according to a Shanghai bourse filing on Saturday.Earnings per share climbed 14% year on year to 0.08 yuan from 0.07 yuan.Total operating revenue slipped 9.4% to 6.81 billion yuan from 7.51 billion yuan in the previous year.

Financial News · Live Terminal

Medtecs International Pulls Plug on JV with Shijiazhuang Hongray Following Strategic Review

Philippines Says China Energy Talks Must Uphold Sovereignty, Constitution

Shenzhen Gas' Q1 Profit Rises 15% Despite Revenue Contraction

Hong Kong Technology Venture's March E-Commerce GMV Rises 11%

XD Electric's 2025 Profit Jumps 20%, Revenue Rises 7%

China Petroleum Engineering Declares 344-Million-Yuan Asset Impairment Provision in 2025; Shares Fall 5%

Guangzhou Port's 2025 Profit Falls 16%, Revenue Slips 2%; Shares Drop 4%

NIBE's CFO Resigns

Fitch Rates Whitehaven Coal's First-Lien Senior Secured Notes 'BBB-'

China Healthwise Trims Yunfeng Stake with Nearly HK$2 Million Sale

Samvardhana Motherson International's Croatian Subsidiary Gets Dissolved; Shares Down 3%

Sunner Development Expects Q1 Profit to Jump Up to 97%

Mary Chia Receives Statutory Demand from Fullink Capital; Shares Plunge 9%

Yidu Tech Affiliate Wins Infectious Disease Monitoring Project in China

Formosa Plastics' Revenue Edges Up in March; Shares Rally 9%

Sunner Development's 2025 Profit Soars 91%, Revenue Rises 8%

Centaurus Metals Receives Non-Binding Offers of Up to $320 Million to Finance Brazil Nickel Development

GHV Infra Projects Cliches INR12.5 Billion Construction Contract from Apco Infratech

Haisco Pharmaceutical Expects Q1 Profit to Skyrocket to 1,095%; Shares Up 3%

Market Chatter: Singapore Equities Showcase Resilience Amid Global Volatility

Medtecs International Pulls Plug on JV with Shijiazhuang Hongray Following Strategic Review

Philippines Says China Energy Talks Must Uphold Sovereignty, Constitution

Shenzhen Gas' Q1 Profit Rises 15% Despite Revenue Contraction

Hong Kong Technology Venture's March E-Commerce GMV Rises 11%

XD Electric's 2025 Profit Jumps 20%, Revenue Rises 7%

China Petroleum Engineering Declares 344-Million-Yuan Asset Impairment Provision in 2025; Shares Fall 5%

Guangzhou Port's 2025 Profit Falls 16%, Revenue Slips 2%; Shares Drop 4%

NIBE's CFO Resigns

Fitch Rates Whitehaven Coal's First-Lien Senior Secured Notes 'BBB-'

China Healthwise Trims Yunfeng Stake with Nearly HK$2 Million Sale

Samvardhana Motherson International's Croatian Subsidiary Gets Dissolved; Shares Down 3%

Sunner Development Expects Q1 Profit to Jump Up to 97%

Mary Chia Receives Statutory Demand from Fullink Capital; Shares Plunge 9%

Yidu Tech Affiliate Wins Infectious Disease Monitoring Project in China

Formosa Plastics' Revenue Edges Up in March; Shares Rally 9%

Sunner Development's 2025 Profit Soars 91%, Revenue Rises 8%

Centaurus Metals Receives Non-Binding Offers of Up to $320 Million to Finance Brazil Nickel Development

GHV Infra Projects Cliches INR12.5 Billion Construction Contract from Apco Infratech

Haisco Pharmaceutical Expects Q1 Profit to Skyrocket to 1,095%; Shares Up 3%

Market Chatter: Singapore Equities Showcase Resilience Amid Global Volatility