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Keppel Infrastructure Trust Upsizes Multicurrency Debt Issuance Program

Keppel Infrastructure Trust (SGX:A7RU) updated and upsized its multicurrency debt issuance program from SG$2 billion to SG$3 billion, according to a Tuesday filing with the Singapore Exchange.DBS Bank and Oversea-Chinese Banking Corp. or OCBC (SGX:O39) were the arrangers and dealers under the amended program.

SGX:A7RUSGX:O39

Asia156d ago

Envicool's Q1 Profit Fall 82%, Revenue Jumps 26%; Shares Down 10%

Shenzhen Envicool Technology's (SHE:002837) net profit attributable to shareholders in the first quarter slumped 82% to 8.7 million yuan from 48 million yuan a year earlier, according to a Shenzhen bourse filing on Tuesday.Earnings per share dropped 80% year on year to 0.01 yuan from 0.05 yuan.Operating revenue climbed 26% to 1.18 billion yuan from 932.6 million yuan in the preceding year.The temperature control systems manufacturer's shares dropped 10% in late-morning trade Tuesday.

SHE:002837

Asia156d ago

Huadian New Energy 2025 Profit Down 18%, Revenue Up 15%

Huadian New Energy (SHA:600930) posted 2025 attributable net profit of 7.26 billion yuan, down 18% from 8.83 billion yuan the previous year.Earnings per share slipped to 0.18 yuan from 0.24 yuan, according to a filing with the Shanghai bourse.Operating revenue rose 15% year over year to 39.0 billion yuan from 34.0 billion yuan.Shares of the power company were down 1% in recent trade.

SHA:600930

Asia156d ago

National Storage REIT Says New South Wales Court Approves Brookfield, GIC Takeover Scheme

National Storage REIT (ASX:NSR) confirmed that the Supreme Court of New South Wales has approved the share scheme of arrangement and granted judicial advice for the trust scheme, enabling a Brookfield Funds and GIC-led consortium to proceed with the acquisition of all the company stapled securities, according to a Tuesday Australian bourse filing.The schemes are now legally effective following lodgment with the Australian Securities and Investments Commission, and the company's securities are expected to be suspended from trading at the close of trading on Tuesday, per the filing.The scheme record date is April 29, with implementation scheduled for May 8, when security holders will receive the scheme consideration, the filing added.

ASX:NSR

Asia156d ago

Starpharma Says US FDA Supports First-in-Human Study of Cancer Radiotherapy Candidate; Shares Gain 7%

Starpharma Holdings (ASX:SPL) has received positive feedback from the US Food and Drug Administration (FDA) on the proposed design of its first-in-human phase 1 clinical study of the DEP HER2 radiotherapy candidate, according to a Tuesday filing with the Australian bourse.The company is developing the candidate to treat certain gastric/gastro-oesophageal junction cancers and other advanced cancers in patients who have previously received targeted therapy.The US FDA feedback supports plans to launch the phase one study, which is on track to begin in the second half of the year.The FDA also confirmed that the radiotherapy candidate is targeting a population with a significant unmet medical need, indicating the potential for a fast-track designation or other accelerated development pathways, Starpharma said.The company's shares were 7% higher in recent Tuesday trade.

ASX:SPL

Asia156d ago

Bank of Korea Appoints New Governor

The Bank of Korea appointed Hyun Song Shin as its new governor on Tuesday, who took over the top financial role from Rhee Chang-yong, according to a Bank of Korea press release.Hyun will lead the central bank's monetary policy and board over the next four years. He will chair his first policy meeting on May 28.In his inaugural address, Hyun said that the country must strive for "price stability and financial stability through cautious and flexible monetary policy operations," amid increased uncertainty, high inflation, and the supply shock caused by the Middle East war.Hyun also said that he would focus on the internationalization of the Korean won, as it was crucial to building a monetaryinfrastructure.The central bank will pursue 24-hour foreign exchange market operations and establish offshore won settlement systems. These steps will improve the accessibility and resilience of foreign exchange transactions, making them consistent with international standards. In addition, these efforts will also support won-denominated capital and trade transactions.

^KOSDAQKOSPI

Asia156d ago

SJ Semiconductor Soars 407% in Shanghai Trading Debut

SJ Semiconductor (SHA:688820) soared 407% when it made its trading debut on the Shanghai Stock Exchange.The semiconductor wafer manufacturer's shares opened at 99.72 yuan apiece, jumping five times from the initial public offering price of 19.68 yuan per share.

SHA:688820

Asia156d ago

PNB Housing Finance's Consolidated Profit Rises in Fiscal Q4

PNB Housing Finance's (NSE:PNBHOUSING, BOM:540173) consolidated attributable profit rose to 6.56 billion Indian rupees in the fiscal fourth quarter ended March 31 from 5.50 billion rupees a year ago.Earnings per share came in at 25.11 rupees from 21.10 rupees a year earlier, according to a Monday filing to the Indian stock exchanges by the housing finance company. The EPS was higher than the 21.26 estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4 also increased to 21.8 billion rupees from 20.2 billion rupees a year ago.The company's board recommended a final dividend of 8 rupees per equity share of face value of 10 rupees each for the financial year ended March 31.

BOM:540173NSE:PNBHOUSING

Asia156d ago

Wanhua Chemical Group Discloses Q1 Product Sales Revenue; Shares Down 4%

Wanhua Chemical Group (SHA:600309) posted first-quarter sales revenue of 20.5 billion yuan from its petrochemical series products.Sales revenue from its polyurethane series products stood at 19.3 billion yuan and from its fine chemicals and new materials series products reached 10.3 billion yuan, according to a Tuesday filing with the Shanghai bourse.Shares of the chemical company were down 4% in recent trade.

SHA:600309

Asia156d ago

Ausgold Extended Western Australia Project Timelines With No Other Fundamental Change to Development, Euroz Hartleys Says

Ausgold (ASX:AUC) extended timelines for the Katanning gold project in Western Australia, with no fundamental change to project development apart from timing, Euroz Hartleys said in a Monday note.The company extended its project timeline due to Environmental Protection Authority requests for further information on environmental impacts, including groundwater vegetation, certain fauna habitats, the possible presence of trapdoor spiders, and the preparation of a detailed offsets management plan.Key permit approvals and the final investment decision are now aimed for the fourth quarter of the year, delaying the expected first gold production to the second quarter of 2028, from the previous target of late 2027.The project is expected to deliver more than 140,000 ounces of gold per year at an all-in sustaining cost of about AU$2,160 per ounce in its first full production years, before averaging over 120,000 ounces per year at roughly AU$2,250 per ounce over the 10-year life-of-mine plan.Euroz Hartleys reaffirmed its speculative buy recommendation and lowered its price target to AU$2.60 from AU$2.70 on Ausgold.Ausgold shares rose 3% in midday trade Tuesday.

ASX:AUC

Asia156d ago

Fuen Jumps 99% on Start of Shenzhen Trading Debut

Hangzhou Fuen (SHE:001312) opened 98.6% higher in its trading debut on the Shenzhen Stock Exchange.The Chinese textile product manufacturer's shares opened at 36.51 yuan apiece, nearly double from its initial public offering price of 18.38 yuan per share.

SHE:001312

Asia156d ago

Wanhua Chemical Group 2025 Profit Down 4%; Share Fall 4%

Wanhua Chemical Group (SHA:600309) posted 2025 attributable net profit of 12.6 billion yuan, down 3.9% from 13.0 billion yuan the previous year.Earnings per share slipped to 3.99 yuan from 4.15 yuan, according to a filing with the Shanghai bourse.Analysts polled by Visible Alpha were expecting EPS of 3.85 yuan.Operating revenue rose 12% year over year to 203.2 billion yuan from 182.1 billion yuan.Analysts polled by Visible Alpha were expecting revenue of 200.0 billion yuan.Shares of the chemical company were down 4% in recent trade.

SHA:600309

Asia156d ago

Hong Kong Introduces Framework for Secondary Trading of Tokenized Products

Hong Kong's Securities and Futures Commission rolled out a new regulatory framework to enable secondary trading of tokenized investment products, according to a press release on Monday.The initiative will initially allow trading of tokenized SFC-authorized open-ended funds on licensed virtual asset trading platforms, with the regulator also open to considering over-the-counter arrangements on a case-by-case basis.The framework introduces safeguards covering pricing, liquidity, disclosure, and orderly trading, drawing on exchange-traded fund mechanisms and existing virtual asset platform infrastructure, the regulator said.It also paves the way for potential 24/7 trading supported by regulated stablecoins and tokenised deposits.The initial rollout will focus on tokenised money market funds, with the regulator set to review operations before expanding the scope.

Hang Seng

Asia156d ago

VHM Secures AU$5 Million Through Fully Underwritten Institutional Placement

VHM (ASX:VHM) has secured commitments to raise AU$5 million through a fully underwritten institutional placement, issuing around 19.2 million new shares at AU$0.26 each, with capacity to expand to around 24.6 million shares, according to a Tuesday Australian bourse filing.The placement is priced at about a 19% discount to the five-day volume-weighted average price, with the new shares ranking equally with the existing ordinary shares, the filing said.The proceeds will be used to support early engineering work at Goschen, secure long-lead items, and cover operating costs as the company finalizes offtake and financing agreements ahead of a planned final investment decision in mid-year, the filing added.

ASX:VHM

Asia156d ago

Huadian New Energy's Q1 Profit Drops 29%, Revenue Rises 10%

Huadian New Energy's (SHA:600930) net profit attributable to shareholders in the first quarter dropped 29% to 2.06 billion yuan from 2.92 billion yuan a year earlier, according to a Shanghai bourse filing on Tuesday.Earnings per share fell 38% year on year to 0.05 yuan from 0.08 yuan.The power company's operating revenue rose 10% to 10.6 billion yuan from 9.63 billion yuan in the preceding year.

SHA:600930

Asia156d ago

Hengli Hydraulic's 2025 Profit Rises 9%, Revenue Jumps 17%; Shares Down 4%

Jiangsu Hengli Hydraulic's (SHA:601100) net profit attributable to shareholders in 2025 rose 9% year on year to 2.73 billion yuan, or 2.04 yuan per share, according to a Tuesday disclosure on the Shanghai bourse.The attributable profit a year earlier was 2.51 billion yuan, or 1.87 yuan per share.Operating revenue jumped 17% to 10.9 billion yuan from 9.39 billion yuan in the previous year.The Chinese hydraulic cylinder manufacturer's shares fell nearly 4% during the morning trade.

SHA:601100

Asia156d ago

CMGE Technology to Raise HK$30 Million via Share Subscriptions

CMGE Technology (HKG:0302) plans to raise about HK$30 million through subscriptions of new shares, according to a Tuesday Hong Kong bourse filing.The company will issue 122.9 million shares at HK$0.244 each to three investors, including Tanwan (HKG:9890), representing about 4.1% of its existing share capital.Net proceeds will be used to fund game publishing costs, the filing said.

HKG:0302HKG:9890

Asia156d ago

China HK Power Enters Cooperation Deal With Al-Qimmah Energy

China HK Power Smart Energy Group (HKG:0931) entered into an oil and gas resources and trade cooperation agreement with Al-Qimmah Energy FZCO, according to a Hong Kong bourse filing Tuesday.Under the agreement, Al-Qimmah will supply oil and gas to China HK Power for sale to the international market.Both sides also plan to invest in global oil and gas assets, including a new coastal liquefied natural gas terminal in China.As part of the cooperation, Al-Qimmah also plans to invest in China HK Power shares.

HKG:0931

Asia156d ago

Ardiden Confirms High-Grade Gold Mineralization at Canada Deposit; Shares Up 9%

Ardiden (ASX:ADV) confirmed the presence of high-grade gold mineralization from ongoing diamond drilling at the Astoria deposit within the Rouyn project in Canada, according to a Tuesday filing with the Australian bourse.Assay results from eight diamond drill holes extended previously reported high-grade gold intersections and indicated the presence of both high-grade plunging gold shoots and extensive mineralized envelopes, the filing said.Drilling is ongoing, with more assay results expected in the near term, per the filing.Shares rose 9% in midday trade on Tuesday.

ASX:ADV

Asia156d ago

Trajan Group Holdings Appoints Interim CFO

Trajan Group Holdings (ASX:TRJ) appointed Simon Billingham, general manager of finance, as interim chief financial officer, effective May 1, according to a Tuesday filing with the Australian bourse.Billingham will succeed Alister Hodges, the filing added.The company's shares rose past 1% in recent Tuesday trade.

ASX:TRJ

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