-- Kinergy Advancement (KLSE:KAB) is seeking its shareholders' approval to renew share buyback authority to purchase up to 10% of the issued shares in the company's upcoming annual general meeting, according to a Tuesday Malaysian bourse filing.
Shares slid over 1% in Wednesday's late afternoon trade.
The Malaysian engineering services provider will share a detailed statement of the repurchase plan with shareholders in due time.
HD Hyundai Energy Solutions (KRX:322000) posted first-quarter net income of 22.3 billion won, rebounding from a net loss of 1.08 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.The South Korean solar energy equipment supplier's sales jumped 88% year over year to 159.9 billion won from 85.3 billion won.Shares of HD Hyundai Energy Solutions jumped more than 9% at market close.
Shandong Sunpaper's (SHE:002078) attributable profit rose 2.3% to 906.4 million yuan in the first quarter from 886.1 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse.Earnings per share at the paper manufacturer increased to 0.3243 yuan from 0.3171 yuan in the prior-year period.Operating revenue grew 1.9% year over year to 10.1 billion yuan from 9.90 billion yuan.