Finance

NewTimeSpace: SSY Group Limited(02005.HK) announced that its Bumetanide has been approved by the National Medical Products Administration (NMPA) of China for registration as an active pharmaceutical ingredient (API) for use in marketed finished products.Bumetanide is a loop diuretic, mainly indicated for the treatment of edema associated with heart failure, renal dysfunction and hepatic dysfunction.

NewTimeSpace · 2026-03-16

Affected by the surge in gold prices (breaking $5,100/oz) and the subsequent suppression of consumer demand, Zhou Liu Fu’s (06168.HK) share price continues to decline. As of the close on March 13, 2026, it was quoted at HK$21.28, down nearly 10% from its IPO price, with its market cap shrinking approximately 60% from its November 2025 peak to HK$9.376 billion. In H1 2025, revenue was RMB 3.15 billion and net profit was RMB 415 million. While maintaining double-digit growth, the revenue growth rate has slowed significantly from the 66% seen in 2023. Online channel revenue has surpassed 50% for the first time, becoming the new growth engine.

NewTimeSpace · 2026-03-16

NewTimeSpace News,According to a Catalist Singapore announcement on March 13, Abundance International announced the establishment of its wholly-owned subsidiary ASC, and ASC simultaneously signed a licence agreement with MTTI of the United States to obtain the exclusive licence for the tumour detection agent CypH-11 in selected Asia-Pacific countries.

NewTimeSpace · 2026-03-16

NewTimeSpace News,According to a Singapore Exchange announcement on March 13, Alpha Integrated REIT announced the successful completion of the refinancing of a S$75 million loan maturing in March 2026.

NewTimeSpace · 2026-03-16

NewTimeSpace News,According to a Singapore Exchange announcement on March 13, Q&M Dental Group reaffirmed its regional growth strategy, focusing on four core markets – Australia, Thailand, Singapore and China – and accelerating expansion through proactive mergers and acquisitions (M&A) combined with steady organic growth.

NewTimeSpace · 2026-03-16

NewTimeSpace News,According to a Singapore Exchange announcement on March 16, Serial Achieva has signed a Memorandum of Understanding (MOU) with UFCT Technology. The two parties intend to explore a long-term strategic cooperation framework focusing on artificial intelligence, cloud computing and other sectors, and plan to explore the possibility of UFCT increasing its shareholding in Serial Achieva within the next two to three years.

NewTimeSpace · 2026-03-16

NewTimeSpace News,According to a Singapore Exchange announcement on March 16, biopharmaceutical company Telix has resubmitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for TLX101-Px (Pixclara®). This investigational PET imaging agent is used to distinguish recurrent or progressive glioma from treatment-related changes in adult and pediatric patients, and has been granted Orphan Drug and Fast Track designations by the FDA.

NewTimeSpace · 2026-03-16

NewTimeSpace News,According to a Singapore Exchange announcement on March 16, Stoneweg Europe Stapled Trust announced the successful completion of the acquisition of a high-quality freehold temperature-controlled logistics asset in Waddinxveen, the Netherlands, with a transaction consideration of approximately €35 million (equivalent to S$51.7 million).

NewTimeSpace · 2026-03-16

NewTimeSpace News,On March 16, Singapore-based hospitality group Acrophyte Hospitality Trust announced the termination of the planned sale of its Hyatt Place Memphis Primacy Parkway in the US, as the buyer has served a written notice to the seller to terminate the purchase and sale agreement prior to the expiry of the due diligence period.

NewTimeSpace · 2026-03-16

NewTimeSpace News,According to a Singapore Exchange announcement on March 16, OUE Healthcare announced that its subsidiary O2 Healthcare Group has officially launched O2 SleepWell Laboratory, Singapore's first private sleep laboratory.

NewTimeSpace · 2026-03-16

NewTimeSpace News,On March 12, GS Holdings, a Catalist-listed F&B group in Singapore, announced that its wholly-owned subsidiary ODN has been appointed by C&C Export, a subsidiary of renowned French champagne house ARVITIS, as the exclusive agent distributor of Thiénot-branded champagnes in Singapore. ODN has also obtained the authorized distribution rights for a selection of wines from C&C Export, with the distribution term set for three years.

NewTimeSpace · 2026-03-13

NewTimeSpace News,On March 12, Singapore-based investment group Trendlines announced that its portfolio company IBI Ag has successfully completed the Proof of Concept (POC) for its AI-powered de novo protein design platform for novel bioinsecticides.

NewTimeSpace · 2026-03-13

NewTimeSpace News,According to the announcement released by the Singapore Exchange on March 12, Sino-Ocean Group and its wholly-owned subsidiary Sino-Ocean Land (Hong Kong) Limited jointly disclosed an update stating that the total overdue outstanding borrowing principal of its wholly-owned subsidiary Beijing Sino-Ocean Holding Group Limited stood at RMB 16.78 billion as of February 28, with no changes to the overdue amount during February.

NewTimeSpace · 2026-03-13

NewTimeSpace News,On March 13, MetaOptics Ltd, a Singapore-based semiconductor optics enterprise, announced the completion of the delivery of its Automatic Metalens Tester to Pin-Jye Nano Technologies, its partner in Taoyuan, Taiwan.

NewTimeSpace · 2026-03-13

NewTimeSpace News,On March 13, Singapore-based Addvalue Technologies issued an announcement stating that it has set up a special working group and engaged external professional consulting services to unlock the market value and full potential of its Inter-Satellite Data Relay System (IDRS) business.

NewTimeSpace · 2026-03-13

NewTimeSpace: Shanghai Industrial Urban Development Group Limited (00563.HK) announced that it has successfully acquired the land use right to a plot in Xuhui District, Shanghai through a public government auction, with land grant fees amounting to approximately RMB2.675 billion. The plot is for mixed-use development, with approximately 75% for residential use and 25% for commercial facilities.

NewTimeSpace · 2026-03-13
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