China Yuchai International Ltd. (CYD) said it entered into deals with purchasers for a further 340 million shares out of the remaining 354 million shares in Thakral Corporation Ltd. or "TCL" offered by the company's wholly owned unit, Venture Delta Ltd at S$0.03 per share on an ex-distribution basis.
The company noted that the settlement of the purchased shares will occur after the capital reduction and cash distribution of S$0.05 per issued share in the capital of TCL has been received by all entitled shareholders.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.