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Guosen Securities to Pay Interest on 5 Billion Yuan Bonds on June 22

Guosen Securities (SHE:002736) will pay interest of 36.3 yuan per 10 bonds on certain perpetual subordinated bonds on June 22, according to a Thursday Shenzhen bourse filing.The 5 billion yuan bonds are redeemable after five years, but have no fixed maturity date, with a coupon rate of 3.63% for each of the first five interest-bearing years.

SHE:002736

Asia14d ago

Yuanta Financial Unit Buys Mezzanine Fund Stake Worth KRW3 Billion

Yuanta Financial (TPE:2885) unit Yuanta Securities (Korea) has acquired 300,000 units of Shinhan-DS Productive Finance Mezzanine Fund 1 for 3 billion won.The fund was purchased at a unit price of 10,000 won per unit, according to a Friday Taiwan Exchange filing.The financial services provider said the investment is for its business needs.

TPE:2885

Asia14d ago

Anicom's Net Premiums Written Rise in May

Anicom's (TYO:8715) net premiums written in May rose to 5.73 billion yen from 5.42 billion yen a year earlier, according to a Friday filing on the Tokyo Stock Exchange.The insurer's number of policies in force grew to 1.41 million from 1.31 million, while the renewal rate was steady at 88.2% compare with a year ago.

TYO:8715

Asia14d ago

Elecom to Receive 5.3 Billion Yen Dividend from DX Antenna Subsidiary

Elecom (TYO:6750) expects to receive a 5.3 billion yen dividend from its consolidated subsidiary, DX Antenna, on June 30.In its non-consolidated financial statements for the fiscal year ending March 2027, Elecom plans to record 3.69 billion yen as dividend income under non-operating income, according to a Tokyo bourse filing on Friday.The remaining 1.61 billion yen will be treated as a return of investment and applied to reduce the book value of subsidiary shares.

TYO:6750

Asia14d ago

Yellow Hat Confirms 3.18 Million Records Leaked in 2rinkan Cyberattack

Yellow Hat (TYO:9882) confirmed that a cyberattack leaked personal data of about 3.18 million 2rinkan members, down from an earlier 3.46 million estimate following a forensic investigation.The attacker exploited API calls from the 2rinkan mobile app to access customer data from the web server. Name, address, phone number, date of birth, gender, email address, membership number, app user ID, app password, point balance and vehicle information was compromised. However, credit card data remained secure as it is managed on an external system.No traces of intrusion were found on other servers, and customers of Yellow Hat's other brands are unaffected.The company is reviewing security structures, enhancing API controls, and strengthening unauthorized access monitoring, with the 2rinkan app expected to resume around October.

TYO:9882

Asia14d ago

Duskin Board Approves Treasury Share Disposal Under Restricted Stock Compensation Plan

Duskin Co (TYO:4665) board approved the disposal of 9,160 treasury shares totaling 37.7 million yen under its restricted stock compensation plan.The tenure-based shares were allocated to six directors, excluding outside directors, and 11 operating officers, according to a Friday filing on the Tokyo Stock Exchange.The payment due date is July 17.

TYO:4665

Asia14d ago

LG CNS, Doosan Sign Deal for AI, Robotics, Data Center Business Collabs

LG CNS (KRX:064400) and Doosan Corp. (KRX:000150) signed a memorandum of understanding to collaborate on new businesses such as AX, RX, data centers, and cloud, the South Korean AI and cloud computing firm said Friday.Under the agreement, the two firms will establish a business cooperation promotion body and finalize detailed operating plans within a month of the MoU signing to bring together their core competencies, the release said.Shares of LG CNS fell nearly 5% at market close.

KRX:000150KRX:064400

Asia14d ago

Malaysian Shares End Week in Green on Upbeat Trade Data

Malaysian shares ended the week flat but in green, amid a mixed regional performance. Investor sentiment remained upbeat due to upbeat trade data, as well as optimism over a reported US-Iran peace deal brokered by Pakistan.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 0.64 points to end 0.04% higher at 1,712.03.In economic news, Malaysia's trade surplus expanded to 40.4 billion ringgit in May, according to data from the Department of Statistics Malaysia. The surplus jumped from 28.8 billion ringgit in the previous month, beating the consensus estimate of 23.2 billion ringgit tracked by Investing.com.Total exports surged 45.3% year over year to a record 184 billion ringgit, compared with a 16.4% increase in April. On a monthly basis, exports edged up 0.4%. Imports rose 14.1% to 143.6 billion ringgit, following a 20% increase in April. Compared with the previous month, imports declined 6.8%Meanwhile, Malaysia's headline consumer price index (CPI) rose 2% year over year in May, according to data from the Department of Statistics. The reading was below the consensus forecast of 2.1% growth tracked by Investing.com, and compared with a 1.9% expansion recorded in the previous month.In corporate news, Liftech's (KLSE:LIFTECH) said its initial public offering drew strong demand from retail investors ahead of its ACE Market listing, as it was oversubscribed by 18.9 times. The company received 5,636 applications for 314.7 million shares worth 91.3 million ringgit, compared with 15.8 million shares allocated to the Malaysian public.V.S. Industry (KLSE:VS) incurred a loss attributable to owners of 32.9 million ringgit in the fiscal third quarter ended April 30, reversing a profit of 23.8 million ringgit a year ago.

FTSE Bursa Malaysia KLCIKLSE:LIFTECHKLSE:VS

Asia14d ago

Yokowo Invests 7.6 Billion Yen to Expand Semiconductor Testing Production Capacity

Yokowo (TYO:6800) has approved a 7.6 billion yen investment to expand production capacity in its Circuit Testing Connector (CTC) segment, due to surging demand for high-performance semiconductors used in generative AI and data centers.First-phase investment of approximately 3.8 billion yen through fiscal year ending March 2029 covers land lease, facility construction, and new equipment, with subsequent phases to be determined based on demand trends and business conditions.The CTC segment manufactures probe cards for front-end and sockets for back-end semiconductor testing, according to a Tokyo bourse filing on Friday.The initiative focuses on enhancing production capacity for contact probes by expanding facilities in Japan, Malaysia, and Vietnam, with Vietnam positioned as a second core overseas hub to mitigate labor cost and personnel risks associated with over-concentration in Malaysia.The company anticipates revenue growth from fiscal 2028 onward as expanded capacity comes online.

TYO:6800

Asia14d ago

Alibaba Cloud Opens Fifth Japanese Data Center

Alibaba Group's (HKG:9988) unit Alibaba Cloud launched its fifth data center in Japan on Thursday, according to a same-day release by the unit.With the center, the cloud-computing aims to help Japanese consumers meet their advanced cloud and AI service needs across multiple key niches, including retail, gaming, entertainment, and manufacturing.The center will provide services including elastic computing, storage, containerization, networking, security, databases, and advanced developer tools.

HKG:9988

Asia14d ago

Hindalco Industries' Unit Novelis Amends Credit Facility to Increase Commitments to $3 Billion

Hindalco Industries (NSE:HINDALCO, BOM:500440) unit Novelis has amended its asset-based lending facility, increasing total commitments by $500 million to $3.0 billion, according to a regulatory filing on Thursday.The amendment also extends the facility's maturity to June 16, 2031, subject to certain conditions.

BOM:500440NSE:HINDALCO

Asia14d ago

Odakyu Posts May Passenger Volume And Store Sales Logs Modest Gains

Odakyu Electric Railway (TYO:9007) recorded 63.8 million passengers in May, up 2.6% from a year earlier, with non-commuters at 26.5 million, up 5%, according to a Friday filing on the Tokyo Stock Exchange.Transport revenue reached 10.5 billion yen, up 3.9%. Department store sales totaled 5.18 billion yen, rising 6.4% from a year ago.Hotel occupancy stood at 94% across Hotel Century Southern Tower and between 78% and 92% across properties in Hakone.

TYO:9007

Asia14d ago

Frenken Group Issues, Allots Shares Under Employees' Share Option Scheme

Frencken Group (SGX:E28) issued 70,000 shares following the exercise of options granted under the employees' share option scheme at SG$1.37 apiece, according to a Friday filing with the Singapore Exchange.The new shares were listed and quoted on the same day, the filing added.

SGX:E28

Asia14d ago

Nomura Research Institute to Reintroduce Trust-Type Employee Incentive Plan

Nomura Research Institute (TYO:4307) said its board approved the reintroduction of a trust-type employee shareholding incentive plan, E-Ship, boosting long-term corporate value, according to a Friday filing on the Tokyo Stock Exchange.The group said that it will establish the NRI Group Employee Shareholding Association Dedicated Trust V2030 to acquire NRI shares in advance using borrowed funds.The group will guarantee the trust's borrowings and repay any outstanding debt remaining at the trust's expiration period.

TYO:4307

Asia14d ago

APS Innovation Approves KRW:13.6 Billion Investment

APS Innovation (KOSDAQ:079810) approved a 13.6 billion won investment in new facilities at the Seonggeo Industrial Complex in Cheonan, South Korea, according to a Friday bourse filing.The investment is aimed at expanding the company's second battery equipment production capacity.

KOSDAQ:079810

Asia14d ago

Hatten Land Seeks Judicial Management Exit

Hatten Land's (SGX:PH0) judicial managers have filed an application with the Singapore high Court, seeking to discharge the real estate developer from judicial management, according to a Friday bourse filing.The court is yet to fix a hearing date, with proceedings requiring any objecting party to file an affidavit by June 26.

SGX:PH0

Asia14d ago

Market Chatter: POSCO International Completes Acquisition of Indonesian Palm Oil Company

POSCO International (KRX:047050) completed the acquisition of Indonesian palm oil company, Sampoerna Agro, according to a report by The Pulse on Friday.Following the acquisition, the palm producer has been renamed to PT. PAR, the report added.The company has investment around 1.3 trillion won to secure management control of the Indonesian company, the report noted.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^JKSEKRX:047050

Asia14d ago

Singapore Shares Slide as US-Iran Switzerland Talks Called Off

Singapore shares snapped their winning streak on Friday as the US-Iran negotiations in Burgenstock, Switzerland were called off following Israel's airstrikes on Lebanon.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,159.95 and 5,226.03 throughout the day. It ended the session at 5,192.70, down 20.14 points or 0.4% compared to Thursday's close.On the corporate front, Lum Chang Creations (SGX:LCC) creations was down over 3% as its parent, Lum Chang (SGX:L19), proposed to sell up to 12.3 million shares for around SG$9.3 million, as part of regulatory requirements for the unit's proposed transfer to the Mainboard of the Singapore Exchange Securities Trading.Meanwhile, shares of Mooreast (SGX:1V3) were up nearly 1% at the close as the mooring company agreed to assume the SG$13.0 million shareholder loan of subsidiary Mooreast Asia and extend its maturity by five years to Nov. 23, 2031.

^STISGX:1V3SGX:L19SGX:LCC

Asia14d ago

ARIAKE JAPAN Board Approves Treasury Share Disposal Under Restricted Stock Compensation Plan

ARIAKE JAPAN Co (TYO:2815) board approved the disposal of 3,014 treasury shares totaling 15 million yen under its restricted stock compensation plan.The tenure-based shares were allocated to six directors, excluding audit, supervisory committee member directors, according to a Friday filing on the Tokyo Stock Exchange.The disposal will be completed on July 17.

TYO:2815

Asia14d ago

ImmuneOnco to Trim Stake in ImmuneCare via Jiaxing Changxin Deal

ImmuneOnco Biopharmaceuticals (Shanghai) (HKG:1541) will lower its stake in ImmuneCare Biopharmaceutical (Shanghai) under a capital increase agreement with the latter's employee shareholding platform.Specifically, Jiaxing Changxin will subscribe for shares worth 325,000 yuan of the metabolic and rare disease-focused drug development company, according to a filing late Thursday.Upon deal completion, the Hong Kong-listed clinical-stage biotechnology company will own 80% of ImmuneCare, down from 93.0% due to dilution, while Jiaxing Changxin will hold the remaining 20%.

HKG:1541

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