BEIJING, Aug. 12, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that completion of the merger (the “Merger”) with Diversefuture Limited (the “Merger Sub”), a wholly-owned subsidiary of Multelements Limited (the “Parent”), pursuant to the previously announced Agreement and Plan of […]
BEIJING, CHINA, Aug 12, 2022 – (ACN Newswire via SEAPRWire.com) – Aluminum Corporation of China Limited (“Chalco” or the “Company”)(NYSE: ACH; HKEx: 2600; SSE: 601600) today announced that it has notified the New York Stock Exchange (“NYSE”) on August 12, 2022 (U.S. Eastern Time) of its proposed application for voluntary delisting of its American depositary […]
SYDNEY (BLOOMBERG) – Elon Musk sold US$6.9 billion (S$9.5 billion) of his shares in Tesla the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter. “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity […]
HONG KONG, Aug 8, 2022 – (ACN Newswire via SEAPRWire.com) – HG Semiconductor Limited (“HG Semiconductor”, together with its subsidiaries, “the Group”, Stock Code: 6908.HK) has announced placement of 30 million new shares (“Placing Shares”) at the placing price of HK$3.20 per share to no less than six placees. In addition, the Group has entered […]
TOKYO, Aug 5, 2022 – (JCN Newswire via SEAPRWire.com) – Honda Motor Co., Ltd. (Honda) today announced that it has signed an agreement to transfer all shares of Honda Lock Mfg. Co., Ltd. (Honda Lock), a consolidated wholly-owned subsidiary of Honda, to MinebeaMitsumi Inc., a manufacturer of machinery components and electronic devices. In the midst […]
TOKYO (BLOOMBERG) – SoftBank Group has raised as much as US$22 billion (S$30.4 billion) in cash through the sale of prepaid forward contracts using Alibaba Group Holding shares, the Financial Times reported, citing filings it has seen. SoftBank has this year executed the sale of about a third of its Alibaba stake through these contracts, […]
TOKYO (BLOOMBERG) – SoftBank Group has raised as much as US$22 billion (S$30 billion) in cash through the sale of prepaid forward contracts using Alibaba Group Holding shares, the Financial Times reported, citing filings it has seen. SoftBank has this year executed the sale of about a third of its Alibaba stake through these contracts, […]
BENGALURU (REUTERS) – Shares of Indian food delivery company Zomato fell more than 14 per cent to a record low on Monday, as a one-year share lock-in period for promoters, employees and other investors expired following the 2021 listing. Zomato made a stellar debut on July 23, 2021, in the Mumbai market, but its shares […]
SHENZHEN, China, July 20, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Aesthetic Medical International Holdings Group Limited (Nasdaq: AIH) (the “Company” or “AIH”), a leading provider of aesthetic medical services in China, today announced that the Company, founders and senior executives of the Company and investors entered into a share purchase agreement, a subscription agreement, a […]
NEW YORK (REUTERS) – Wall Street ended lower on Monday (July 18) after bank stocks erased earlier gains and Apple shares fell on a report saying the company plans to slow hiring and spending growth next year. After posting solid gains to start the session following earnings from Bank of America Corp and Goldman Sachs […]
BROSSARD, QC, Jul 18, 2022 – (ACN Newswire via SEAPRWire.com) – G Mining Ventures Corp. (“GMIN” or the “Corporation”) is pleased to announce that the Corporation has entered into binding commitments with respect to a comprehensive construction financing package totaling $481 million for the development and construction of its 100% owned Tocantinzinho Gold Project (“TZ” […]
SINGAPORE (THE BUSINESS TIMES) – The shareholders of Allied Technologies have voted to boot out the company’s independent non-executive chairman and its chief executive, and replaced them with three freshly elected directors. The ouster, requisitioned by shareholders Lin Tah Hwa and Kenneth Low Si Ren, was supported by about 97 per cent of those who […]
PETALING JAYA, Malaysia, Jul 8, 2022 – (ACN Newswire via SEAPRWire.com) – Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, announced today that the Group is proposing to undertake a private placement of up to 10% of its total number of issued shares or up to 12.42 million new […]
NEW YORK (AFP) – The Dow fell on Tuesday (July 5) as recession fears pounded petroleum-linked equities, but tech shares rallied with markets eyeing chances for less severe interest rate hikes in light of the weakening economic outlook. After a bruising morning spent deep in negative territory, US equities rallied in the afternoon, enabling two […]
New investors face many challenges when starting their journey. As a beginner, navigating the financial world can feel like being lost in the jungle without a trail to follow. However, that has not deterred beginner investors from getting their feet wet. According to a report by Singapore Exchange previously, retail investor participation has grown significantly […]
HONG KONG (BLOOMBERG) – Chinese artificial intelligence software maker SenseTime Group slumped as much as 51 per cent in Hong Kong on Thursday (June 30), after a lockup of its shares expired following its initial public offering (IPO). The company dropped to trade at as low as HK$2.91 apiece, the lowest ever and below its IPO […]
HONG KONG (BLOOMBERG) – SenseTime Group slumped as much as 51 per cent in Hong Kong trading on Thursday (June 30), after a lockup of its shares expired following its initial public offering (IPO). The company dropped to trade at as low as HK$2.91 apiece, the lowest ever and below its initial public offering price […]
New York, June 29, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Bit Origin Ltd (NASDAQ: BTOG) (“Bit Origin” or the “Company”), an emerging growth company engaged in crypto mining business with diversified expansion strategies, today announced that the underwriter of its previously completed underwritten public offering of ordinary shares, has fully exercised its option to purchase […]
KUALA LUMPUR, Jun 29, 2022 – (ACN Newswire via SEAPRWire.com) – Tricor Investor & Issuing House Services Sdn Bhd (TIIH) is pleased to announce that the Initial Public Offering (IPO) of Seng Fong Holdings Berhad is oversubscribed by 3.09 times. Managing Director of Seng Fong, Mr. Er Hock Lai Group Managing Director/ Chief Executive Officer […]
HANGZHOU, China, June 28, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced the official results of its extraordinary meeting of shareholders, held on June 28, 2022 at 10:00 a.m. China Standard Time in Hangzhou, China. Shareholders cast their votes as described below: Shareholders approved, […]