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Tabcorp Holdings Says Australian Retirement Trust Ceases to Be Substantial Holder

Tabcorp Holdings (ASX:TAH) said Australian Retirement Trust has ceased to be a substantial holder in the company on April 13, according to a Wednesday Australian bourse filing.The company's shares fell 2% in recent Wednesday trade.

ASX:TAH

Asia161d ago

Deterra Royalties Says Aware Super Ceases to Be Substantial Holder

Deterra Royalties (ASX:DRR) said Aware Super, through Aware Super Pty Ltd as trustee, has ceased to be a substantial holder in the company on April 10, according to a Wednesday Australian bourse filing.The company's shares fell 1% in recent Wednesday trade.

ASX:DRR

Asia161d ago

Muhibbah Engineering Bags MYR120 Million Penang LRT Project; Shares Gain 3%

Muhibbah Engineering (M) (KLSE:MUHIBAH) bagged a contract worth about 120 million ringgit for works on the Penang Light Rail Transit (LRT) Mutiara Line project, according to a Tuesday Malaysian bourse filing.Shares rose 3% in Wednesday's midday trade.The deal, awarded by Gamuda Industrial Building System, covers the design, supply, installation, testing and commissioning of noise barriers and enclosures. Deal works are set to begin in April 2026 and run through the third quarter of 2030.The company said the contract is expected to contribute positively to earnings.

KLSE:MUHIBAH

Asia161d ago

National Storage REIT Securityholders Approve Brookfield, GIC Takeover Scheme

National Storage REIT (ASX:NSR) secured strong shareholder backing, with about 98% of votes cast in favor of the transaction resolutions, advancing the proposed acquisition by a consortium led by Brookfield Asset Management and GIC to acquire all issued company securities, according to a Wednesday Australian bourse filing.The transaction still requires final approval from the Supreme Court of New South Wales at a hearing scheduled for April 21, per the filing.Upon court approval, the scheme is expected to become legally effective on that date, and the company securities are expected to be suspended from trading on the Australian Securities Exchange at the close of trading on April 21, the filing added.

ASX:NSR

Asia161d ago

Hainan Airport Infrastructure Subsidiary to Lease T3 Terminal for 307 Million Yuan

Hainan Airport Infrastructure (SHA:600515) controlled subsidiary Sanya Phoenix International Airport will lease the T3 Terminal and parking garage from its controlling shareholder, Hainan Airport Group, for 307 million yuan.The three-year lease covers the T3 terminal, transfer center, parking garage and related facilities, according to a Thursday filing with the Shanghai bourse.Rents are set at 84 million yuan for the first year, 98 million yuan for the second and 125 million yuan for the third.Shares of the airport operator slid 1% in recent trade.

SHA:600515

Asia161d ago

Market Chatter: Australian PM to Visit Malaysia to Boost Energy Cooperation Amid US-Iran War

Australian Prime Minister Anthony Albanese will visit Malaysia from April 15 to April 17, as Kuala Lumpur seeks to strengthen energy security cooperation during ongoing global uncertainty, The Star reported Tuesday.Malaysia's Foreign Ministry said closer engagement with Australia will help ensure stable access to key resources such as liquefied natural gas, which is vital for power generation and industrial use. The visit is also expected to advance collaboration in food security, investment and technology to cushion external shocks, the report said.The ministry said disruptions in the Strait of Hormuz could hit Malaysia's crude imports, as Australia supplies most of its LNG while Malaysia exports fuel in return, according to the report.Leaders are expected to issue a joint statement on energy security and oversee the signing of a halal meat partnership deal between the Department of Islamic Development Malaysia and the Department of Agriculture, Fisheries and Forestry, the news outlet said.(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.)

FTSE Bursa Malaysia KLCI

Asia161d ago

Tsinghua Tongfang's Subsidiary Received Creditors' Nod for Restructuring Plan

Tsinghua Tongfang's (SHA:600100) subsidiary, Beijing Tongfang Jizhao Technology, said creditors approved its restructuring plan, according to a Shanghai bourse filing on Wednesday.Tongfang Jizhao has outstanding receivables of 117.6 million yuan and creditors' claims amounted to 218.2 million yuan.Approximately 98.2 million yuan will be recovered as part of the plan.The Chinese information technology company's shares fell over 2% during the afternoon trade.

SHA:600100

Asia161d ago

Mary Chia's Shares Plunge 12% as Unit Commences Legal Proceedings Against Fullink

Mary Chia (SGX:5OX) said its subsidiary, Organica International, has initiated legal proceedings against Fullink Capital in the General Division of the Singapore High Court, according to a Wednesday filing with the Singapore Exchange.The move follows the company's subsidiary receiving a statutory demand from Fullink, seeking around SG$902,640 tied to loans extended to Organica.Organica's originating application seeks declaratory relief from the enforceability of certain components of the claimed amount.Mary Chia shares plummet 12% in recent trade.

SGX:5OX

Asia161d ago

XRF Scientific Fiscal Q3 Results Broadly in Line With Expectations, Euroz Hartleys Says

XRF Scientific (ASX:XRF) delivered a fiscal third-quarter trading update broadly in line with expectations, supporting unchanged full-year estimates, driven by strength in consumables and momentum in capital equipment, Euroz Hartleys said in a Wednesday note.The company reported that pre-tax profit for the March quarter rose nearly 11% to AU$3.7 million from AU$3.4 million a year earlier, while revenue increased 14% to AU$15.8 million from AU$13.9 million.The firm noted that consumables drove the quarter, with revenue of AU$4.8 million supported by strong Asian demand, record March volumes, and a healthy AU$1 million order book expected to roll into the fourth quarter due to near-immediate fulfilment.The firm highlighted that capital equipment revenue rose 20% year-on-year to AU$5.4 million, driven by strong Orbis crusher activity contributing AU$2.5 million, with gold sector demand supporting continued momentum into the next quarter.The firm stated that precious metals sales rose 14% year-on-year to AU$5.6 million, helped by stronger period-end demand as platinum prices eased, with softer pricing supporting new product sales.The firm remained positive on the stock, citing sustained growth prospects supported by rising production, stronger international demand, a solid equipment pipeline, and potential accretive acquisitions.Euroz Hartleys maintained its buy recommendation and AU$2.21 price target on XRF Scientific.

ASX:XRF

Asia161d ago

New Zealand Shares Rise Amid Hopes of US-Iran Peace Talks; Chorus Says Q3 Fibre Connections Rise to 1.1 Million

New Zealand shares ended higher on Wednesday as most Asian markets saw gains amid hopes of continued US-Iran peace talks.The S&P/NZX 50 Index gained 0.46% or 59.32 points to close at 13,076.58.Peace talks to end the US-Iran war could resume over the next two days in Pakistan, said US President Donald Trump on Tuesday, according to a Tuesday Reuters report."The impressive price action in risk assets suggests markets are keen to look through the immediate impact of the Middle East conflict," said Tony Sycamore, an analyst at IG, as quoted by Reuters in a separate report.In domestic news, a total of 2,869 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) pulse auction held Tuesday, with supply ranging from 2,550 MT to 3,000 MT, according to data from the trading platform.In corporate news, Chorus (ASX:CNU) said fibre connections grew by 13,000 in the fiscal third quarter to 1.1 million, up from a gain of 7,000 in the fiscal second quarter.Ryman Healthcare (ASX:RYM, NZE:RYM) reported 331 occupation right agreement (ORA) sales in the fiscal fourth quarter, up 10% from 302 a year earlier.

^NZ50ASX:CNUNZE:CNUNZE:RYM

Asia161d ago

RailTel Corporation of India Gets Letter of Acceptance for Order Worth INR2.55 Billion; Shares Jump 12%

RailTel Corporation of India (NSE:RAILTEL, BOM:543265) has received a letter of acceptance for an order worth 2.55 billion Indian rupees from Rail Vikas Nigam (NSE:RVNL, BOM:542649), according to a Tuesday filing to the Indian stock exchanges.The company's shares were up nearly 12% in recent trade.The contract is for the supply, installation, testing, and commissioning of integrated communication systems for tunnels T-1 to T-7 of integrated tunnel communication systems, including VHF Simplex System, CCTV System, PA system, and call points, among others.The project is expected to be completed on April 12, 2028.

BOM:542649BOM:543265NSE:RAILTELNSE:RVNL

Asia161d ago

Supreme Petrochem Commissions EPS Phase II; Capacity Rises

Supreme Petrochem (NSE:SPLPETRO, BOM:500405) has commissioned its EPS Phase II expansion at the Amdoshi plant in Nagothane, Maharashtra, adding 30,000 tons per annum of capacity, according to a Tuesday filing on Indian bourses.Shares of the company rose over 1% in Wednesday's trade.The expansion takes the company's total expanded polystyrene or EPS capacity to 115,000 tons per annum from 85,000 TPA, the filing said.The project involved an investment of about 540 million Indian rupees, funded through internal accruals, it added.The company said the capacity addition is aimed at meeting demand from packaging, construction and cold chain segments.

BOM:500405NSE:SPLPETRO

Asia161d ago

Sanghvi Movers Appoints COO

Crane rental company Sanghvi Movers (NSE:SANGHVIMOV, BOM:530073) has appointed Saumil Dave as the chief operating officer of the company with effect from April 14, according to a Wednesday filing to the Indian stock exchanges.The company's shares were down nearly 1% in recent trade.

BOM:530073NSE:SANGHVIMOV

Asia161d ago

Singapore's Changi Airport Climbs to 4th Busiest International Hub in 2025

Singapore's Changi Airport was the fourth busiest international airport in the world in 2025,according to data released by Airports Council International on Tuesday.The city's state airport served around 69.4 million international passengers, up 3.5% from 2024. Dubai International Airport maintained its top spot with 95.2 million international passengers served.In 2025, international passenger traffic rose 5.9% year over year to 4.0 billion, the data showed.

^STI

Asia161d ago

LGMS to Seek Approval for Share Buyback Authority; Shares Gain 3%

LGMS (KLSE:LGMS) will seek shareholders' approval to renew its share buyback authority to purchase the issued shares in the company's upcoming annual general meeting, according to a Tuesday Malaysian bourse filing.Shares rose about 3% in Wednesday's afternoon trade.The cybersecurity group will issue a statement containing details of the repurchase plan in due time, it noted.

KLSE:LGMS

Asia161d ago

Huadian Energy Issues 600 Million Yuan in Super Short-Term Bonds; Shares Down 6%

Huadian Energy (SHA:600726, SHA:900937) issued super short-term bonds amounting to 600 million yuan, the company's first tranche for the year, according to a Shanghai bourse filing on Wednesday.The bonds have a coupon rate of 1.53% and a term of 269 days.Bank of China (SHA:601988, HKG:3988) and China Merchants Bank (SHA:600036, HKG:3968) were the joint underwriters of the issuance.The proceeds will be used to pay the company's debt.The Chinese energy company's A shares slumped 6%, while B shares fell less than 2% during the midday trade.

HKG:3968HKG:3988SHA:600036SHA:600726SHA:601988SHA:900937

Asia161d ago

Paiho Shih's Profit Plummets 65% in Q1; Shares Gain 3%

Paiho Shih's (TPE:8404) net profit attributable to shareholders plunged 65.3% year on year to NT$74.7 million in the first quarter, according to a Tuesday Taiwan Exchange filing.Shares of the textile manufacturer rose about 3% in Wednesday's afternoon trade.Revenue for the quarter edged down 1.9% to NT$1.90 billion, while operating profit declined 47% to NT$206.6 million.For March alone, net profit attributable to shareholders stood at NT$60.5 million, or NT$0.15 per share.

TPE:8404

Asia161d ago

Guangdong Dowstone Technology Q1 Profit Jumps 146%; Shares Fall 4%

Guangdong Dowstone Technology (SHE:300409) posted first-quarter attributable net profit of 107.7 million yuan, up 146% from 43.7 million yuan the previous year.Earnings per share jumped to 0.1397 yuan from 0.0644 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue climbed 27% year over year to 2.23 billion yuan from 1.76 billion yuan.Shares of the lithium battery materials manufacturer declined 4% in recent trade.

SHE:300409

Asia161d ago

Keboda Tech to Raise 1.49 Billion Yuan Through Convertible Bonds Issuance

Keboda Technology (SHA:603786) plans to raise net proceeds of 1.49 billion yuan through the issuance of convertible bonds, according to a Shanghai bourse filing on Wednesday.Proceeds will be used for four projects, including the expansion of the Anhui production base, Zhejiang automotive electronics plant and the construction of a digital infrastructure. The rest will be used to supplement the company's working capital.The Chinese automotive parts manufacturer's shares rose over 1% during the midday trade.

SHA:603786

Asia161d ago

Naim Seeks Renewal of Transactions Authority; Shares Rise 5%

Naim (KLSE:NAIM) is seeking to renew its authorization to conduct revenue-generating transactions at its upcoming annual general meeting, according to a Tuesday Malaysian bourse filing.Shares rose about 5% in Tuesday's afternoon trade.The company will share a statement containing details of the plans with shareholders in due time, it said.

KLSE:NAIM

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