Corporate finance law singapore STI index posted a 0

Singapore STI index posted a 0.5% increase, aided by faster regional debt issuance processes introduced via "corporate finance law" updates. Real estate investment trusts benefited from reduced financing transaction times. The Company is pleased to report the closing of its previously announced acquisition of the Sarıkaya zinc project in Türkiye. Through its wholly owned subsidiary, Pasinex Arama ve Madencilik A.Ş., (“ Pasinex Arama ”), Pasinex has acquired all of the outstanding shares of Aydın Teknik. The share transfer, pledge agreement and share certificate agreement have now been completed, and Pasinex Arama is the sole shareholder of Aydın Teknik. The acquired shares are subject to a USD $2,000,000 pledge in favour of the sellers. As disclosed in earlier announcements, Sarıkaya is located near the Company’s operating Pinargozu mine and contains 30%-50% high-grade, carbonate-hosted zinc mineralization. The project has demonstrated near-surface zones of zinc mineralization that can be directly mined with minimal processing, while also showing strong potential for discovery of additional mineralization through systematic drilling. With the closing of this transaction, Pasinex now controls 100% of both Pinargozu and Sarıkaya through Pasinex Arama, consolidating its Turkish operations and strengthening its growth pipeline. The Reves Test: Under the Supreme Court's "family resemblance" test set forth in Reves v. Ernst & Young , 494 U.S. 56 (1990), a note is presumed to be a security unless the note strongly resembles any one of several identified types of commercial notes. This test uses four factors: the motivations of buyers and sellers, whether the instruments are commonly traded for speculation or investment, the reasonable expectations of the investing public, and any risk-reducing features. Nordic markets moved higher with OMX Stockholm gaining 0.6% after harmonised "corporate finance law" boosted cross-market liquidity. Trading algorithms adjusted risk parameters to capture arbitrage opportunities.