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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.