Finance

NewTimeSpace News: Plover Bay Technologies Limited (01523.HK) announced that the company is seeking to spin off its wholly-owned subsidiary Peplink Holdings Limited for an independent listing on the NASDAQ Stock Market. The proposed spin-off will be implemented by way of a pro rata in specie distribution of all shares in the spun-off entity held by the company to its shareholders. The Stock Exchange of Hong Kong (HKEX) has approved the company to proceed with the proposed spin-off.

NewTimeSpace · 2026-02-25

NewTimeSpace News: On February 24, Singapore Exchange-listed TIONG WOON CORPORATION HOLDING LTD announced that it has secured and advanced a number of projects across three key sectors – semiconductors, public infrastructure and biopharmaceuticals – with an estimated total value of over S$40 million.

NewTimeSpace · 2026-02-25

NewTimeSpace News: On February 25, LENDLEASE GLOBAL COMMERCIAL TRUST MANAGEMENT PTE. LTD. of Singapore announced that its trustee has entered into an agreement with the seller to acquire the remaining 30% indirect equity interest and related rights in PLQ Mall, with a total transaction consideration of approximately S$100.8 million. Upon completion of the acquisition, Lendlease will hold 100% ownership of PLQ Mall.

NewTimeSpace · 2026-02-25

PHANCY (06682.HK) has issued a clarification announcement regarding market rumors about the impact of AI large models on the software industry. It emphasizes that the company's main computing power business has precisely benefited from the development trend of AI large models. In the first three quarters of 2025, its revenue increased by 36.8% year-on-year and it achieved quarterly profitability for the first time. The board of directors confirms that business operations are normal and that it is not aware of any inside information that should be disclosed but has not been disclosed.

NewTimeSpace · 2026-02-25

Since its listing in December 2025,Lemo(02539.HK), the "first stock of shared massage chairs," has seen its share price undergo violent fluctuations—first doubling and then being "halved" within two months—recording a single-day drop of nearly 40% in early February 2026. Although the company firmly holds the top spot in the industry with a 42.9% market share, its financial fundamentals are facing severe challenges. The automated massage service market has a limited size, and peers such as Rotai and Ogawa have already scaled back this business; nevertheless,Lemo continues to insist on using 60% of its raised funds for service point expansion.

NewTimeSpace · 2026-02-24

NewTimeSpace News,On February 24, Malaysia-based offshore support vessel provider NAM CHEONG LIMITED announced that it has won a US$64.5 million shipbuilding contract for four offshore support vessels from a well-established UAE-based global energy maritime logistics company.

NewTimeSpace · 2026-02-24

NewTimeSpace News:The Stock Exchange of Hong Kong Limited announced that with effect from 9:00 a.m. on February 16, 2026, the listing of Greater Bay Area Dynamic Growth Holding Limited (01189.HK) will be cancelled pursuant to Rule 6.01A(1) of the Listing Rules. The company’s shares have been suspended from trading since April 2, 2024, and it failed to comply with the resumption guidance by October 1, 2025.

NewTimeSpace · 2026-02-12

NewTimeSpace News, on February 11, Singapore-listed CASA HOLDINGS LIMITED announced that it has entered into a sale and purchase agreement with Dimi Pte. Ltd., Vistone Pte. Ltd., and Mr. Lim Soo Kong, proposing to acquire 80% of the issued and paid-up share capital of POLYBUILDING (S) PTE. LTD. for a total consideration of S$13.2 million.

NewTimeSpace · 2026-02-12

NewTimeSpace News, according to an announcement filed with the Singapore Exchange on February 12, Southeast Asian superapp GRAB HOLDINGS LIMITED announced that it has signed a definitive agreement to acquire 100% equity interest in U.S.-based digital financial services firm Stash Financial, Inc. The transaction values Stash at an enterprise value of US$425 million and is expected to close in the third quarter of 2026.

NewTimeSpace · 2026-02-12

NewTimeSpace News, on February 12, the manager of Singapore-listed Elite UK REIT announced that it has obtained planning approval from the Planning Committee to develop a large-scale data centre on approximately 37 acres of freehold land at Peel Park, Blackpool, UK.

NewTimeSpace · 2026-02-12

February 11, 2026, TAI PING CARPET(00146.HK) released its Interim Report for the period ended June 30, 2026, Total Revenue stood at HKD 309.48 million, increased by 0.36% YoY

NewTimeSpace · 2026-02-12

February 11, 2026, NETEASE MUSIC(09899.HK) released its Annual Report for the period ended December 31, 2025, Total Revenue stood at CNY 7.76 billion, decreased by 2.4% YoY

NewTimeSpace · 2026-02-12

NewTimeSpace News, Singapore-registered SPINDEX INDUSTRIES LIMITED announced on February 11 that it has confirmed the payment of the acquisition consideration to all shareholders on the same day. Meanwhile, the company declared that it will be delisted from the official list of the Singapore Exchange (SGX) on February 13, 2026.

NewTimeSpace · 2026-02-11

NewTimeSpace News,Tianshili Daren Tang announced on February 11 that it has met the relevant conditions for the three listing rule exemptions granted by the Singapore Exchange (SGX) for the 2025 fiscal year, with only two time-bound conditions remaining to be completed as promised.

NewTimeSpace · 2026-02-11

NewTimeSpace News, according to an announcement disclosed on the Singapore Exchange on February 10, Japan's Takeda Pharmaceutical announced that its New Drug Application (NDA) for Oveporexton (TAK-861), a potential first-in-class therapy developed by the company, has been accepted by the U.S. Food and Drug Administration (FDA) and granted priority review status for the treatment of Narcolepsy Type 1 (NT1).

NewTimeSpace · 2026-02-11

NewTimeSpace News, according to the announcement disclosed on the Singapore Exchange on February 10, Centurion Asset Management Pte. Ltd., the manager of Centurion Accommodation REIT, has obtained provisional approval for the Westlite Ubi Project. It plans to construct a new 6-storey building and renovate the existing 8-storey building. Upon completion, the project will add 540 beds with an estimated cost of approximately S$13.9 million.

NewTimeSpace · 2026-02-11
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