Finance

NewTimeSpace News,On March 9, AJJ MEDTECH HOLDINGS LIMITED, a Singapore-listed enterprise, announced that its wholly-owned subsidiary AJJ Healthcare Management Pte. Ltd. has signed a four-year supply contract for biodegradable medical consumables valued at approximately S$3 million with a network of Singaporean healthcare institutions, effective June 1.

NewTimeSpace · 2026-03-09

As the "Subscription King" of the 2025 Hong Kong IPOs, Chery Automobile (09973.HK) has faced a capital market cold shoulder less than six months after its listing. As of March 6, 2026, its share price hit a new low of HK$25, down approximately 18.70% from its HK$30.75 offer price, with total market cap shrinking to HK$145.2 billion.Significant Sales Decline: 2026 started poorly, with cumulative sales for Jan-Feb down 12.5%. Aside from the core Chery brand, Exeed, Jetour, and iCAR all saw major slowdowns, while the Huawei-partnered Luxeed brand saw February sales plunge by 90.6%.Pressure on Export Dividends: Turmoil in the Middle East may pose a direct blow to a core overseas market that accounts for nearly 18% of Chery's exports.

NewTimeSpace · 2026-03-09

NewTimeSpace News,March 5 - GS HOLDINGS LIMITED, a Singapore-listed company, announced via a notice that it has completed the acquisition of all the issued and fully paid-up share capital of Dyspatchr Pte. Ltd.. On the same day, the company completed the placement and issue of a total of 36.5334 million new shares, including consideration shares and retention incentive shares.

NewTimeSpace · 2026-03-06

NewTimeSpace News,March 5 - LPH, a subsidiary of Singapore Mainboard-listed Rex, announced via a press release that the connection work of the Mobile Offshore Production Unit (MOPU) and Floating Storage and Offloading unit (FSO) at the Sèmè Oilfield in Benin has been fully completed. The commissioning of the production system is progressing in an orderly manner, and regular production is expected to start after the completion of optimization tests in the coming days.

NewTimeSpace · 2026-03-06

NewTimeSpace News,According to an announcement released by the Singapore Exchange on March 5, Wipro, an India-based AI-driven technology services and consulting company, announced the appointment of Ms. Laura Marie Miller as a director of the company. Her five-year term will take effect on April 1, 2026, subject to shareholder approval.

NewTimeSpace · 2026-03-06

On March 5, 2026, IFBH (06603.HK), the "first stock of coconut water," saw its share price close up 11.06% at HK$11.65 after officially denying the "added sugar" allegations. Despite the rebound, nearly HK$10 billion of the company's market value has evaporated within eight months of listing, a drop of over 70% from its post-IPO peak. In 2025, IFBH faced core financial and operational pressures, with expected net profit down 27%-32%, operating cash flow shrinking by 70.5%, and accounts receivable surging by 173%. The company is highly dependent on the single brand "if" (94.5% of revenue) and the Mainland China market (90.4%).

NewTimeSpace · 2026-03-06

NewTimeSpace:SSY Group Limited (02005.HK) announced that it has obtained the drug production registration approval from the National Medical Products Administration (NMPA) for Calcium Levofolinate for Injection (25mg). The product is classified as a Class 3 chemical drug and is deemed to have passed the consistency evaluation. It is mainly used for the treatment of gastric cancer and colorectal cancer.

NewTimeSpace · 2026-03-06

NewTimeSpace: Shanghai Henlius Biotech, Inc. (02696.HK) announced a voluntary announcement that the Phase 1 clinical trial application of HLX97, a self-developed KAT6A/B small-molecule inhibitor, for the treatment of advanced/metastatic solid tumors has been approved by the National Medical Products Administration (NMPA) of China. As of the date of this announcement, no similar products have been approved for marketing worldwide.

NewTimeSpace · 2026-03-05

NewTimeSpace News,On 4 March, Singapore-listed Aspial Lifestyle Limited announced a proposal to transfer its listing status from the SGX Catalist to the SGX Mainboard via an official announcement. As its current public float ratio fails to meet the Mainboard’s requirements, the company’s controlling shareholder plans to sell up to 10 million shares to satisfy the public float conditions for the listing transfer.

NewTimeSpace · 2026-03-05

NewTimeSpace News,On 4 March, Singapore-listed ATLANTIC NAVIGATION HLDG(S)LTD announced that Saeed Investment acquired 130 million shares of the company on 3 March, raising its deemed interest in the company from 50.2% to 75.1%.

NewTimeSpace · 2026-03-05

NewTimeSpace News,On March 5, GEO ENERGY RESOURCES LIMITED, a Singapore-listed thermal coal mining enterprise, announced a proposed placement of up to 35 million new ordinary shares, expecting to raise a maximum gross proceeds of SGD 14.875 million to supplement its working capital.

NewTimeSpace · 2026-03-05

NewTimeSpace News,As disclosed by the Singapore Exchange on March 5, Australian travel service giant Flight Centre Travel Group Limited released an ASX Appendix 3G announcement, stating that the company has completed the conversion of 30,730 unlisted performance rights, with the converted shares derived from the employee incentive scheme.

NewTimeSpace · 2026-03-05

NewTimeSpace News,On March 4, Singapore-based UNI-ASIA GROUP LIMITED announced the signing of an agreement with Nihon Shipyard Co., Ltd. for the construction of a 40,000 deadweight tonnage (DWT) eco-specification double-hull bulk carrier, with delivery scheduled for the second half of 2028.

NewTimeSpace · 2026-03-04

NewTimeSpace News,According to a disclosure from the Singapore Exchange on March 3, HCLTech announced that its three network automation rApps (Radio Access Network applications) have been officially included in Ericsson’s rApp Directory and are compatible with Ericsson's Intelligent Automation Platform (EIAP).

NewTimeSpace · 2026-03-04

Bama Tea(06980.HK), the "First Stock of High-End Chinese Tea" that finally listed after a 12-year marathon, has recently suffered heavy losses in the secondary market. As of March 2, 2026, the share price was HK$27.90, shrinking by 70% from its peak and representing a 44.20% drop from its HK$50 offer price. The company's fundamentals have "stalled," facing core financial and operational pressures. Revenue growth plummeted from 16.7% in 2023 to 0.99% in 2024; in 1H 2025, the company fell into a "double decline" with revenue dropping 4.2% and net profit falling 18.01%. Furthermore, offline revenue fell 5.3% in 1H 2025, per-store profitability continues to be diluted, and inventory turnover days have reached 168 days.

NewTimeSpace · 2026-03-04

NewTimeSpace News,According to a disclosure from the Singapore Exchange on March 2, Japan’s Takeda and U.S.-based Protagonist jointly announced that the U.S. Food and Drug Administration (FDA) has accepted the New Drug Application (NDA) for Rusfertide and granted it Priority Review status for the treatment of polycythemia vera in adults.

NewTimeSpace · 2026-03-03
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