Financial News · Live Terminal

Page 1533 of 1610

H2G Green to Raise SG$3.6 Million Via Share Subscription

H2G Green (SGX:5AI) is targeting to raise over SG$3.6 million through the subscription of around 516.6 million shares at SG$0.00702 per share to several subscribers, according to a Monday filing with the Singapore Exchange.The proposed placement is expected to strengthen the company's financial position and will provide capital for its liquefied natural gas business undertaken by its subsidiary, Gashubunited Utility.Shares of the green energy company surged over 22% in Monday trading.

SGX:5AI

Asia157d ago

L1 Long Short Fund Reports Negative Portfolio Return in March Quarter

L1 Long Short Fund (ASX:LSF) said its portfolio return was a negative 0.2% in the March quarter and a positive 45% over the past 12 months, according to a Monday Australian bourse filing.The fund said equities initially performed well in January and February, driven by strong commodity prices, before falling sharply in the wake of the conflict in the Middle East, which triggered the worst oil supply shock in history.It said it was using the period of elevated volatility to identify high quality companies that are now trading far below fair value. These changes include adding to its positions in gold, construction materials, travel-related stocks, and copper while trimming exposure to energy and infrastructure.L1 Long Short Fund's shares rose past 1% in recent trading on Monday.

ASX:LSF

Asia157d ago

SK Hynix Begins Mass Production of High-Capacity 192GB Products; Shares Rise 3%

SK Hynix (KRX:000660) began the mass production of high-capacity 192GB products, which are optimized for Nvidia's Vera Rubin platform, the chipmaker said in a Monday release.The SOCAMM2 192GB (gigabyte) product is a memory module standard that is based on 10-nanometer class 6th generation (1c) LPDDR5X low-power dynamic random access memory, the release said.SOCAMM2 is a module that adapts low-power memory for server environments, and is primarily used in next-generation AI servers, it said.Shares of SK Hynix rose 3% in recent trade.

KRX:000660

Asia157d ago

WIA Gold Progresses Namibia Project Definitive Feasibility Study in March Quarter

WIA Gold (ASX:WIA) made progress with its definitive feasibility study for the Kokoseb project in Namibia during the period ended March 31, according to a Monday filing with the Australian bourse.Geotechnical testing has validated the open pit design parameters of the scoping study, and a hydrogeological assessment with a probabilistic groundwater model is being developed, the filing said.Metallurgical test work has also been completed, while detailed layouts for the process plant are underway.The study is set for completion in the second half of the year, per the filing.WIA Gold's shares fell 1% in midday trade Monday.

ASX:WIA

Asia157d ago

CDB Financial Leasing to Acquire Photovoltaic Assets for 650 Million Yuan

China Development Bank Financial Leasing (HKG:1606) agreed to acquire residential photovoltaic power stations and related equipment in Hunan and Hubei for about 650 million yuan, according to an April 17 Hong Kong bourse filing.Shares of the financial leasing company were up nearly 1% in Monday morning trade.The assets will be used for the company's operating lease business, with plans to lease them to third-party lessees after completion.

HKG:1606

Asia157d ago

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

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.The airline did not immediately respond to' emailed request for comment.Qantas Airways' shares rose 1% in recent Monday trade.

ASX:QAN

Asia157d ago

Rich Intelligent Equipment Prices IPO at 13.91 Yuan

Wuxi Rich Intelligent Equipment (SHE:301599) priced its initial public offering of 64.7 million shares at 13.91 yuan apiece to raise up to 900.5 million yuan.Offline subscription payment and online subscription are on April 20, according to an announcement on the Shenzhen bourse.

SHE:301599

Asia157d ago

Hengdeli Renews Shop Design Services Deal With Primetime; Shares Up 4%

Hengdeli (HKG:3389) has renewed a continuing connected transactions agreement with Primetime Group for the provision of shop design and decoration services, according to an April 17 Hong Kong bourse filing.Shares of the consumer goods retailer were up nearly 4% in Monday morning trade.The renewed agreement runs for one year on substantially the same terms as the previous arrangement.The annual cap for the transactions has been set at 20 million yuan for 2026.Primetime, which is engaged in the retail and wholesale of wristwatches and related after-sales services, is indirectly owned by the father of the company's chairman.

HKG:3389

Asia157d ago

Changyu Holding Files for Shanghai IPO

Zirconium and specialty nylon products supplier Changyu Holding (SHA:603407) filed for an initial public offering of 41 million shares on the Shanghai Stock Exchange, according to a prospectus on the bourse.Proceeds will be invested in the company's zirconium oxychloride and deep-processing project, a nylon elastomer products project, and a bioceramics and functional ceramics products project.Southwest Securities serves as lead underwriter.

SHA:603407

Asia157d ago

ASX Midday Sector Update: Consumer Discretionary Stocks Gain, Energy Slides

Consumer discretionary stocks were rising 1% to lead gainers in midday trading Monday.Wesfarmers (ASX:WES) was advancing nearly 2% and Lottery Corp. (ALX:TLC) almost 1%.On the flip side, energy stocks were shedding almost 3% as oil prices gained amid renewed uncertainty surrounding the passage of ships through the Strait of Hormuz and a potential second round of talks between the US and Iran.Viva Energy Group (ASX:VEA) was down more than 5% after saying its fire-hit Geelong refinery is expected to produce diesel and jet fuel at about 80% of capacity and petrol at roughly 60% of capacity in the short term. The company also reported a 5.1% year-over-year increase in first-quarter sales volume.

ASX 200ASX:TLCASX:VEAASX:WES

Asia157d ago

China First Capital Faces April 20 Hearing on Winding-Up Petition; Shares Down 9%

China First Capital (HKG:1269) said the High Court has set a hearing for April 20 for a winding-up petition and a related application to substitute the petitioner, according to an April 17 bourse filing.Shares of the financial services provider were down over 9% in Monday morning trade.The petition stems from claims by an alleged bondholder over HK$10 million in outstanding principal and accrued interest, first filed in December 2023.

HKG:1269

Asia157d ago

Pak Tak International Extends Talks on Tanzania Gold Project Acquisition; Shares Slip 6%

Pak Tak International (HKG:2668) has extended a memorandum of understanding related to a potential acquisition of an interest in a gold project company in Tanzania, according to an April 17 Hong Kong bourse filing.Shares of the firm were down nearly 6% in Monday morning trade.The company said the memorandum has been extended by three months to July 19 as additional time is required for due diligence and negotiations.

HKG:2668

Asia157d ago

ICICI Bank's Consolidated Net Profit Rises in Fiscal Q4

ICICI Bank's (NSE:ICICIBANK, BOM:532174) consolidated net profit rose to 147.55 billion Indian rupees in the fiscal fourth quarter ended March 31, from 135.02 billion rupees a year ago.Earnings per share climbed to 20.36 rupees from 18.84 rupees a year earlier, the bank said in a filing to the Indian bourses on Saturday. The EPS was higher than the 18.83 rupees estimated by analysts polled by Visible Alpha.Interest earned by the lender in fiscal Q4 increased to 495.9 billion rupees from 483.9 billion rupees a year ago.The bank's board recommended a dividend of 12 rupees per equity share of face value of 2 rupees each for the financial year ended March 31.

BOM:532174NSE:ICICIBANK

Asia157d ago

Samsung Electronics Launches EHS Heat Pump Boiler in South Korea

Samsung Electronics (KRX:005930) launched the EHS Heat Pump Boiler in South Korea on Monday, which is in accordance with the government's heating electrification promotion project, according to a same-day press release.The pump boiler uses natural air heat and electricity to provide indoor heating and hot water, and can generate over four times the amount of heat against the input electrical energy, Samsung said.The South Korean government unveiled a plan earlier in April to deploy 3.5 million heat pumps to reduce greenhouse gas emissions by 5.18 million tons by 2035.It will invest 14.4 billion won in 2026 and hasten the move from fossil fuel boilers by providing subsidies covering up to 70% of installation costs per household, according to the release.

KRX:005930

Asia157d ago

Orient Securities Plans to Fully Acquire Shanghai Securities

Orient Securities (HKG:3958, SHA:600958) plans to fully acquire Shanghai Securities through share placement and cash, according to a Hong Kong filing on Sunday.The securities broker entered into an agreement of intent with Shanghai Securities' five shareholders, including Shanghai International Group and Guotai Haitong Securities (SHA:601211, HKG:2611).The merger is expected to create a firm with combined assets worth about $86 billion, according to their latest financial statements, Bloomberg News reported Sunday.The trading of Orient Securities' shares was suspended starting Monday and is expected to last for up to 10 trading days.

HKG:2611HKG:3958SHA:600958SHA:601211

Asia157d ago

Emyria Launches New Services Platform; Shares Jump 19%

Emyria (ASX:EMD) launched its Empax Global Partnership Program, a services platform allowing international drug sponsors to access the company's clinical delivery infrastructure, according to a Monday filing with the Australian bourse.The launch establishes a dual-revenue model combining existing reimbursed treatment programs with sponsor-funded services, the filing said.The company's shares jumped almost 19% in recent Monday trade.

ASX:EMD

Asia157d ago

Atomic Eagle Appoints Non-Executive Chair; Shares Fall 9%

Atomic Eagle (ASX:AEU) appointed Grant Davey as non-executive chair, succeeding Govind Friedland, according to a Monday Australian bourse filing.Davey currently serves as a non-executive director of Frontier Energy (ASX:FHE) and Earths Energy (ASX:EE1), per the filing.Friedland will transition from chairman to non-executive director, following Davey's appointment, the filing added.Atomic Eagle's shares fell around 9% in recent Monday trade.

ASX:AEUASX:EE1ASX:FHE

Asia157d ago

Yidu Tech Forecasts Return to Profitability in Q1

Yidu Tech (HKG:2158) expects 41 million yuan to 56 million yuan in attributable profit for the first quarter of 2026, a turnaround from the 117.8 million yuan loss in the same quarter of 2025, according to a Hong Kong bourse filing Monday.The firm attributed the turnaround to an increase in orders of its products.The company's financial results are due by the end of June.

HKG:2158

Asia157d ago

NZX Midday Sector Update: Consumer Durables Sector Soars, Consumer Non-Durables Shares Struggle

The consumer durables shares gained the most on New Zealand's Exchange, rising 3% on Monday.Shares of KMD Brands (NZE:KMD, ASX:KMD) rose 3% in recent trade.On the flip side, the consumer non-durables sector struggled, shedding nearly 2%.Fonterra Co-operative Group (NZE:FCG) fell almost 3% in recent trade.

^NZ50ASX:KMDNZE:FCGNZE:KMD

Asia157d ago

L1 Group Says L1 Gold Fund IPO Generated AU$950 Million

L1 Group (ASX:L1G) said L1 Gold Fund generated AU$950 million in its initial public offering and is expected to start trading on the Australian Securities Exchange on Friday, according to a Monday filing with the bourse.L1 Gold Fund will push to deliver positive absolute returns for shareholders over the medium to long term, targeting investments in domestic and international gold-sector securities, as well as a secondary allocation "to opportunistic investments" in other precious-metal sectors, per the filing.Starting Friday, L1 Group will be entitled to receive a management fee from L1 Gold Fund of 1% of the value of the portfolio plus GST per year, and a performance fee of 20% plus GST of the portfolio's outperformance as evaluated over six-month periods, subject to a high water mark.L1 Group has committed to an investment of AU$112 million into L1 Gold Fund.L1 Group's shares were down nearly 1% in recent Monday trade.

ASX:L1G

Showing 30641-30660 of 32190