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Kinetiko Energy to Move Forward With Rolling Cluster Development Strategy for South African Gas Projects

Kinetiko Energy (ASX:KKO) said it will move forward with the implementation of a rolling cluster development strategy for its South African gas projects, starting with phase one cluster Brakfontein compressed natural gas development, according to a Monday Australian bourse filing.The rolling cluster development strategy is a risk-managed, capital-efficient development program that allows for staged scale-up to full-field liquefied natural gas, the company said. First gas revenue is targeted in the second quarter and the third quarter of 2027.

ASX:KKO

Asia157d ago

Lens Technology Says Shareholder to Increase Stake

Lens Technology (HKG:6613, SHE:300433) said an entity owned by its de facto controllers plans to increase its shareholding in the business, according to a Hong Kong bourse filing Friday.Shares of the electronic components maker gained over 3% in Hong Kong morning trade Monday.Changsha Qunxin Investment Consulting, which owns 288 million A shares representing 5.46% of the business, plans to buy more shares from the open market within 12 months.Qunxin Investment will allocate at least 100 million yuan to buy shares.

HKG:6613SHE:300433

Asia157d ago

Sunway Communication's 2025 Profit Rises 7%, Revenue Climbs 2%

Shenzhen Sunway Communication's (SHE:300136) net profit attributable to shareholders in 2025 rose 7.1% to 708.7 million yuan from 661.6 million yuan a year earlier, according to a Shenzhen bourse filing on Saturday.The communication equipment maker's earnings per share increased 7.4% year on year to 0.74 yuan from 0.69 yuan.Operating revenue climbed 1.9% to 8.91 billion yuan from 8.74 billion yuan in the previous year.

SHE:300136

Asia157d ago

Yes Bank's Consolidated Profit Increases in Fiscal Q4

Yes Bank's (NSE:YESBANK, BOM:532648) consolidated net profit grew to 10.8 billion Indian rupees in the fiscal fourth quarter ended March 31 from 7.45 billion rupees a year ago.Earnings per share came in at 0.34 rupees, up from 0.24 rupees a year earlier, the bank said in a Saturday filing to the Indian stock exchanges.Interest earned by the lender in fiscal Q4 edged up to 76.6 billion rupees from 76.2 billion rupees a year ago.

BOM:532648NSE:YESBANK

Asia157d ago

Calix, PLS Finalize Western Australia Lithium Project Restructuring Deal

Calix (ASX:CXL) executed final transaction documents with PLS Group (ASX:PLS) to complete the restructuring of the lithium Mid-Stream Project and confirm an updated commercialization framework under binding terms, according to a Monday Australian bourse filing.The deal results in an immediate cash payment of AU$5.7 million to the company, with an additional AU$5.7 million payable unconditionally by July 31, per the filing.PLS is granted a perpetual, royalty-free license to use the company's technology in its own or joint venture lithium operations, while the company retains upside via a 20:80 royalty split on any third-party applications, the filing said.The agreement strengthens the company's cash and liquidity position and sharpens its focus on major market opportunities for its platform technology in iron and steel, cement and lime, alumina, and magnesia, the filing added.Calix shares rose past 2% in recent Monday trade, while PLS shares fell around 1%.

ASX:CXLASX:PLS

Asia157d ago

Orbbec Turns to 2025 Profit, Revenue Climbs 67%

Orbbec (SHA:688322) posted 2025 attributable net profit of 70.9 million yuan, compared with loss of 112.2 million yuan the previous year.Earnings per share stood at 0.32 yuan, versus loss per share of 0.16 yuan last year, according to a filing with the Shanghai bourse.Operating revenue climbed 67% year over year to 940.7 million yuan from 564.5 million yuan.Shares of the electronics components distributor were up 1% in recent trade.

SHA:688322

Asia157d ago

PlaySide Studios Reports Early Sales Estimates for New Video Game; Shares Hit 52-Week High

PlaySide Studios (ASX:PLY) reported estimated sales of 360,000 units for its "MOUSE: P.I. For Hire" video game across all platforms since the title's launch on April 17, according to a Monday filing with the Australian bourse.Gross sales for the game so far are estimated at $10.4 million, while estimated net sales to PlaySide are $6.3 million, per the filing."Initial data indicates a highly successful launch across all major platforms, underpinned by strong critical reception and significant player interest," the company said, adding that the early sales performance will "strongly support near-term cash inflows."Shares of PlaySide Studios were down more than 1% in recent Monday trade but earlier hit their highest since January 2025.

ASX:PLY

Asia157d ago

Hikvision's Q1 Profit Climbs 36%, Revenue Rises 12%; Shares Jump 5%

Hangzhou Hikvision Digital Technology's (SHE:002415) net profits attributable to shareholders in the first quarter climbed 36% to 2.78 billion yuan from 2.04 billion yuan in the previous year, according to a Shenzhen bourse filing on Saturday.The security camera maker's shares increased over 5% during Monday's morning trade.Earnings per share jumped 37% year on year to 0.303 yuan from 0.221 yuan.Revenue rose 12% to 20.7 billion yuan from 18.5 billion yuan a year earlier.

SHE:002415

Asia157d ago

Beijing Dahao Technology Shares Rise as Q1 Profit Up 41%

Beijing Dahao Technology (SHA:603025) posted first-quarter attributable net profit of 237.9 million yuan, up 41% from 168.3 million yuan the previous year.Earnings per share rose to 0.21 yuan from 0.15 yuan, according to a filing with the Shanghai bourse.Operating revenue climbed 16% year over year to 838.2 million yuan from 725.2 million yuan.Shares of the technology company were up 3% in recent trade.

SHA:603025

Asia157d ago

CapitaLand to Divest Asia Square Tower in SG$2.5 Billion Deal

CapitaLand Integrated Commercial Trust (SGX:C38U) signed a put-and-call option agreement to sell Asia Square Tower 2 to IOI Marina View for SG$2.48 billion, according to a Monday filing with the Singapore Exchange.The property is a 46-story integrated development in Marina Bay, Singapore, with a total net lettable area of approximately 773,000 square feet.Proceeds from the divestment will be used to finance potential acquisitions, capital requirements and asset enhancement works.Deal completion is expected to take place during the second half of the year, the filing stated.

SGX:C38U

Asia157d ago

China International Marine Containers Settles Goodpack Dispute; Hong Kong Shares Slip 4%

China International Marine Containers (HKG:2039, SHE:000039) settled its dispute with Goodpack and entered into a sales contract worth up to $60 million, according to an April 17 Hong Kong bourse filing.Hong Kong-listed shares of the shipping equipment provider were down over 4% in Monday morning trade.Under the deal, a subsidiary will pay $2 million, while Goodpack will purchase intermediate bulk containers with a three-year interest-free credit period on each order.The dispute stemmed from claims filed in Singapore involving alleged breach of confidence and related damages totaling nearly $29.7 million across litigation and arbitration proceedings.The company said the settlement is not expected to have a material impact on its profit.

HKG:2039SHE:000039

Asia157d ago

Yihai Kerry Arawana 2025 Profit Up 26%, Revenue Rises 3%

Yihai Kerry Arawana (SHE:300999) posted 2025 attributable net profit of 3.15 billion yuan, up 26% from 2.50 billion yuan the previous year.Earnings per share rose to 0.58 yuan from 0.46 yuan, according to a filing with the Shenzhen bourse.Operating revenue climbed 2.9% year over year to 245.1 billion yuan from 238.9 billion yuan.Shares of the food products company were down 1% in recent trade.

SHE:300999

Asia157d ago

Update: Qantas Airways' Proposed Enterprise Agreement Rejected by Long-Haul Pilot Group

(Updates with the company's statement in the third paragraph.)Qantas Airways' (ASX:QAN) proposed enterprise agreement was rejected by the Qantas long-haul pilot group, with 66% voting against it from a 95% participation rate, the Australian Federation of Air Pilots (AFAP) said in a Monday statement.Simon Lutton, AFAP executive director, said the pay increases contained in the proposal were unlikely to keep pace with projected inflation."This outcome is disappointing given we put forward an agreement with the support of the main union, the Australian and International Pilots Association, that offered significant pay increases as well as long sought after changes to conditions," the airline said in a statement to, adding that it remains committed to reaching an agreement.Qantas Airways' shares rose 1% in recent Monday trade.

ASX:QAN

Asia157d ago

TCL Electronics Expects Upto 150% Rise in Q1 2026 Profitability

TCL Electronics (HKG:1070) expects HK$360 million to HK$400 million in attributable profit for the first quarter of 2026, up 125% to 150% year on year, according to a Hong Kong bourse filing Sunday.Shares of the TV maker gained nearly 4% in morning trade Monday.Revenue is expected to rise 10% to 20% year on year to HK$27.8 billion to HK$30.4 billion, the firm said.

HKG:1070

Asia157d ago

Many Peaks Minerals Reports Maiden Independent Mineral Resource for Ivory Coast Prospect Area; Shares Reach All-Time Peak

Many Peaks Minerals (ASX:MPK) said the maiden independent mineral resource estimate for the Ouarigue prospect area within the Ferke gold project in Ivory Coast came in at 26.7 million tonnes at 1.5 grams per tonnes (g/t) grade of gold for 1.3 million ounces, according to a Monday Australian bourse filing.This includes 23.1 million tonnes at 1.5 g/t grade of gold in the measured and indicated category, and 3.5 million tonnes at 2 g/t grade of gold in the inferred category.The company said it expects ongoing drilling to deliver near-term resource growth at Ferke, as well as resource growth and increasing confidence in the Ouarigue mineral resource to underpin pre-feasibility studies.Many Peaks Minerals' shares jumped 8% in recent trading on Monday, reaching an all-time peak.

ASX:MPK

Asia157d ago

AOM International to Launch Stewed Pot Restaurant and Franchise Project in 2026; Shares Fall 10%

AOM International (HKG:0381) plans to launch a self-operated restaurant and franchise project under its Fujian Laojiu brand this year, as it expands its wine-related business, according to an April 17 Hong Kong bourse filing.Shares of the firm were down nearly 10% in Monday morning trade.The project will focus on "stewed pot" dining, combining traditional Chinese wine heritage with modern restaurant formats, and will operate through both self-run outlets and franchising.

HKG:0381

Asia157d ago

LG Innotek Secures KRW100 Billion Wi-Fi 7 Module Contract from European Parts Manufacturer; Shares Rise 3%

LG Innotek (KRX:011070) secured a contract worth 100 billion won from a European parts manufacturer, and will supply its vehicle Wi-Fi 7 communication module under the deal, the South Korean materials and components manufacturer said Monday.Mass production for the modules is scheduled to begin in 2027, the release said.The module, featuring 320 MHz bandwidth and 4K-QAM technology, will be integrated into audio, video, and navigation (AVN) systems for global automakers via a German automotive parts customer, it said.Shares of LG Innotek rose 3% in recent trade.

KRX:011070

Asia157d ago

Anson Resources Says Historical Diamond Core Analysis Records Higher Porosity Value at Utah Lithium Project; Shares Down 3%

Anson Resources (ASX:ASN), through its Blackstone Minerals unit, received an average effective porosity value of 8.8% for the Missississippian Unit historical diamond core at a measured interval 9,646 to 9,656 feet at the Floy Unit 1 well from the Green River lithium project in Utah, which is 46% higher than the porosity value of 6% that has been used in the existing resource estimate, according to a Monday Australian bourse filing.The core from the well was obtained from a geological library resource center and was tested in the certified laboratory to accurately determine porosity, specific yield, and permeability, per the filing. Previous porosity was determined by modeling.Anson Resources' shares fell 3% in recent trading on Monday.

ASX:ASN

Asia157d ago

Inner Mongolia Baotou Steel Union 2025 Profit Up 41%, Revenue Down 3%

Inner Mongolia Baotou Steel Union (SHA:600010) posted 2025 attributable net profit of 373.6 million yuan, up 41% from 264.6 million yuan the previous year.Earnings per share rose to 0.0083 yuan from 0.0058 yuan, according to a filing with the Shanghai bourse.Operating revenue declined 2.5% year over year to 66.4 billion yuan from 68.1 billion yuan.Shares of the metal smelter were down 1% in recent trade.

SHA:600010

Asia157d ago

Market Chatter: BYD Applies to Join European Car Lobby

Chinese electric vehicle maker BYD (SHE:002594, HKG:1211) has applied to join Europe's car lobby, Bloomberg reported Friday.BYD's inclusion in the European Automobile Manufacturers Association would mark the first time a Chinese carmaker joins the group, the report said.A spokesperson for the lobby confirmed the car maker applied to join the lobby but added that a decision was yet to be made.(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.)

HKG:1211SHE:002594

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