Sciclones Overallotment Option Fully Exercised As Stock Stabilizes

Sciclones Overallotment Option Fully Exercised As Stock Stabilizes

Edge Medical-B (02675) announced the full exercise of the over-allotment option and the end of the price stabilization period. The lead underwriter did not intervene in the market. The additional H shares issued were primarily used to deliver shares to international investors who experienced delays in receiving them. This action signifies the completion of the company's stock issuance and price stabilization measures.

Kenya Boosts Trade Efficiency with WCO Customs Program

Kenya Boosts Trade Efficiency with WCO Customs Program

Kenya Customs requested the WCO to conduct an assessment of its trade facilitation measures. The assessment highlighted progress in information availability and risk management. However, improvements are needed in coordination between agencies, capacity building initiatives, and the further development of ICT infrastructure for customs procedures. The report emphasized the importance of addressing these areas to enhance trade efficiency and reduce trade costs for businesses operating in Kenya.

WCO Enhances Philippine Customs with Data Training Program

WCO Enhances Philippine Customs with Data Training Program

The World Customs Organization (WCO) conducted a Leadership and Management Development Workshop for the Bureau of Customs of the Philippines. This workshop aimed to enhance the leadership and management skills of senior officials and optimize the leadership culture within the customs administration. Through diverse teaching methodologies, the workshop helped participants understand themselves, manage themselves, understand others, and positively influence others, ultimately achieving personal and organizational improvement.