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R&F Properties Logs 1.03 Billion Yuan in May Contracted Sales

Guangzhou R&F Properties (HKG:2777) recorded contracted sales of around 1.03 billion yuan in May with a gross floor area (GFA) of 79,300 square meters, according to a Friday Hong Kong bourse filing.For the five months ended May 31, contracted sales and GFA reached approximately 4.98 billion yuan and 508,400 square meters, respectively.

HKG:2777

Asia24d ago

Heartseed Reports First Patient Dosed in Cardiac Remuscularization Therapy Trial

Heartseed (TYO:219A) said the first patient with dilated cardiomyopathy has been dosed in a domestic trial of its catheter-administered cell therapy HS-005.The Independent Safety Monitoring Committee approved the trial's continuation for the dilated cardiomyopathy cohort following a review of four-week post-administration data from this case, according to a Tokyo bourse filing on Friday.The company-sponsored study aims to expand the therapy's application beyond severe heart failure from ischaemic heart disease to include dilated cardiomyopathy, enrolling 14 patients across both disease cohorts.

TYO:219A

Asia24d ago

Malaysian Shares End Week in Green on Upbeat Economic Data

Malaysian shares extended gains to end in the green on Friday, mirroring regional gains. The investor sentiment was positive after the positive manufacturing and industrial production data.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 4.10 points to end 0.2% higher at 1,683.63.In economic news, Malaysia's manufacturing sales rose 9.1% year over year to 175 billion ringgit in April, according to data from the Department of Statistics Malaysia (DOSM). The growth pace accelerated from the 5.3% increase recorded in March.Malaysia's Industrial Production Index (IPI) rose 8.2% year over year in April, according to data from the DOSM. The pace of growth accelerated from the 3.1% increase recorded in the previous month. It beat the consensus forecast of a 4% growth tracked by Investing.com.Meanwhile, Malaysia's retail trade sales increased 6.3% year over year in April, according to data from the Statistics Department.In corporate news, shares of Titijaya Land (KLSE:TITIJYA) rose over 3% on today's close after it signed a consortium deal with Permodalan Negeri Selangor to develop affordable housing under the Rumah Idaman initiative in Selangor, Malaysia.Shares of Kerjaya Prospek Group (KLSE:KERJAYA) gained about 2% on week's close after its unit Rivanis Ventures signed a development deal worth 156.5 million ringgit with Railway Assets to acquire and develop 34.8 acres of land in Penang, Malaysia.

FTSE Bursa Malaysia KLCIKLSE:KERJAYAKLSE:TITIJYA

Asia24d ago

Jianerkang Medical Names CFO

Jianerkang Medical (SHA:603205) directors appointed Zhu Yunlei as chief finanical officer, according to a Friday filing with the Shanghai bourse.Zhu succeeded Gong Xiaole in the role.

SHA:603205

Asia24d ago

Jiangxi Ganyue Expressway's Toll Revenue Reaches 271 Million Yuan in May

Jiangxi Ganyue Expressway (SHA:600269) logged total toll service revenue of 271.1 million yuan in May, according to a Friday filing with the Shanghai bourse.Toll revenue from the Changjiu Expressway reached 86.7 million yuan, the largest for the month.

SHA:600269

Asia24d ago

Jadason Enterprises Names CEO

Jadason Enterprises (SGX:J03) named Sung Sze Yat Kenneth as its chief executive officer, effective June 26, according to an after-market filing with the Singapore Exchange on Friday.Kenneth succeeds Fung Chi Wai, who will retire following the conclusion of his service agreement on June 26.

SGX:J03

Asia24d ago

Aux International Forecasts At Least 30% Boost in Fiscal-Year Profit

Aux International (HKG:2080) expects profit of at least HK$35 million for the year ended March 31, up 30% from HK$26.5 million a year prior, according to a Friday Hong Kong bourse filing.The club and restaurant operator attributed the forecast to lower staff and security costs, a decline in utility expenses and finance costs, and a rise in segment profit from property management related value-added services.

HKG:2080

Asia24d ago

Emami Bumps Up Stake in IncNut Digital to 60%

Emami (NSE:EMAMILTD, BOM:531162) said it has increased its stake in IncNut Digital to 60% from 59.69% following the acquisition of 1,064 equity shares, according to a Friday filing on Indian exchanges.The transaction was completed on June 11, the filing said.Shares of the consumer goods company rose over 1% in recent trade.

BOM:531162NSE:EMAMILTD

Asia24d ago

IHI to Book 14.6 Billion Yen Gain from Tokyo Land Sale

IHI (TYO:7013) expects to record a gain of 14.6 billion yen from the transfer of land in Tokyo's Koto-ku, according to a Tokyo bourse filing on Friday.The proceeds from the sale will be used to secure funds for upfront investments and strengthen the company's financial foundation.The buyer is a Japanese special-purpose company with no ties to IHI, though the transfer price and book value are not disclosed at the transferee's request.The ownership transfer is scheduled for December.

TYO:7013

Asia24d ago

Enviro-Hub Reports Fire Incident at Recycling Premises

Enviro-Hub (SGX:L23) reported a fire incident at its operational premises, Gul Crescent, in Singapore, according to a Friday bourse filing.The fire was fully extinguished, with no reported staff injuries.The building is used as the company's office, for warehousing activities and electronic waste recycling operations.

SGX:L23

Asia24d ago

Market Chatter: ENN Energy's Largest Shareholder ENN Natural Gas Considering Cancellation of Buyout Plans

ENN Energy Holdings' (HKG:2688) largest shareholder, ENN Natural Gas (SHA:600803) is mulling scrapping plans for a $12 billion take-private offer, Bloomberg reported Friday, citing people familiar with the matter.ENN Natural Gas could opt not to extend a deadline to satisfy pre-conditions for the transaction, the report said, citing the sources.The Shanghai-listed shareholder first agreed to extend a March 13 deadline to June 12, according to Bloomberg. It has not yet made a final decision, according to the news outlet.ENN Natural Gas owns 34% of ENN Energy through Xinneng (Hong Kong) Energy Investment.ENN did not immediately respond to a request for comment from.(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:2688SHA:600803

Asia24d ago

Hefei Gocom Information Technology Wins Bid for AI-Enabled Rail Signaling System

Hefei Gocom Information Technology (SHA:688367) won a 13.8 million yuan bid for an artificial intelligence-enabled signal control and dispatching system for Nanjing Port's (SHE:002040) Longtan Port Area, according to a Friday filing with the Shanghai bourse.The project is a three-electrical integration project for the port-dedicated rail lines.

SHA:688367SHE:002040

Asia24d ago

3DG Holdings Warns of Wider Fiscal-Year Loss

3DG Holdings (International) (HKG:2882) expects an attributable loss of between HK$150 million and HK$160 million for the year ended March 31, compared with a loss of HK$95 million a year prior, according to a Friday Hong Kong bourse filing.The gold and jewelry company attributed the forecast to a hedging loss amid a rise in gold price, affecting the fair values of gold loans.

HKG:2882

Asia24d ago

Hanjian Heshan Pipeline Signs 440 Million Yuan Pipe Procurement Deal

Beijing Hanjian Heshan Pipeline (SHA:603616) signed a 440.2 million yuan procurement contract for pre-stressed concrete cylinder pipes (PCCP) and fittings with Beijing Hanjian Heshan Pipe Industry, according to a Shanghai bourse filing on Friday.The Chinese pipe manufacturer will supply within 36 months PCCPs, pressure steel pipes and fittings for irrigation areas and hydropower stations.Shares rose 2% at Friday's close.

SHA:603616

Asia24d ago

Global Health Receives LOI for Medical College in Gurugram, India

Global Health (NSE:MEDANTA, BOM:543654) has received a letter of intent from Haryana's Medical Education & Research Department to establish a medical college at Medanta - The Medicity in Gurugram, Haryana, according to a Friday filing on Indian bourses.The proposed medical college will have an intake capacity of 150 MBBS seats, the filing said.Shares of the company rose nearly 1% in recent trade.

BOM:543654NSE:MEDANTA

Asia24d ago

Market Chatter: Philippines Expects $10 Billion in Initial Investment for US-Supported AI Center

The Philippines is expecting an investment of around $10 billion for a U.S.-supported plan to build an artificial intelligence hub, Bloomberg reported citing Bases Conversion and Development Authority Head Joshua Bingcang.The two countries are set to enter into a contract for the project this year, with the Philippines potentially offering a 99-year lease of a 4,000-acre site to the U.S, the newswire said.The site, formerly a US air base in North Manila, is reportedly anticipated to host data centers, as well as green energy, semiconductor, and logistics projects.The agreement comes as the Philippines became a part of Pax Silica, an initiative by the U.S., in alliance with the Philippines, Australia, Israel, Japan, the U.K., and India among others, to build technology and semiconductor supply chains in a bid to reduce dependence on China.For the Philippines, Pax Silica is "a way to catch up in terms of industrial activity," the report said citing Bingcang as he spoke at an interview Thursday.State-owned Bases Conversion and Development Authority is working with the U.S. on the AI hub.(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.)

^PSEI

Asia24d ago

Intloop's Nine-Month Profit Falls 82%

Intloop's (TYO:9556) profit attributable to owners of the parent plunged 82% to 150 million yen for the first nine months ended April 30 from 852 million yen a year earlier.The consulting company's earnings per share declined to 12.81 yen from 88.56 yen a year ago, according to a Tokyo bourse filing on Friday.Net sales jumped 21% to 29.9 billion yen from 24.8 billion yen in the prior year.In a separate filing, Intloop cut its attributable profit forecast to 650 million yen from 2.1 billion yen initially projected, net income per share to 69.23 yen from 224.27 billion yen, and net sales to 40 billion yen from 43.8 billion yen.The downward revision was due to faster-than-planned recruitment, which led to a time lag between hiring and revenue generation.Intloop does not plan to pay any dividends for the current year.

TYO:9556

Asia24d ago

Market Chatter: Japanese Majors Add More Female Directors But Still Trail Globally

Japan's blue-chip companies have added more women directors amid demands from the stock exchange and investors to raise board diversity, Nikkei Asia reported Friday.Female directors accounted for 19% of the board seats of companies listed on the Tokyo Stock Exchange's top-tier Prime market in 2025, a two percentage point rise, the report cited data from the Japan Business Federation, or Keidanren, as saying.The Nikkei report pointed to the bourse's corporate governance rules urging companies to have greater diversity as a factor in the rise.The government's goal of at least 30% composition of female directors at Prime-listed companies by 2030 is also a driver, the report said.However, Japan majors still lag their Western peers in board diversity, with a 24% board composition at constituents of the Tokyo bourse's Topix 100 index versus 35% at the S&P 100 companies and 45% at FTSE 100 entities, the report cited a 2025 Japan Research Institute survey as saying.Japanese companies have shown slow progress, especially with women as inside directors, the report cited the institute's Eiji Yamada as saying.(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.)

Nikkei 225

Asia24d ago

Xiamen International Airport Logs 11% Drop in May Passenger Throughput

Xiamen International Airport (SHA:600897) recorded May passenger throughput of 2.2 million people in May, down 11% from the previous year..The number of aircraft movements declined 9.0% year over year to 15,285 flights, according to a Friday filing with the Shanghai bourse.The airport operator carried 29,000 tons of cargo and mail, down 4.8% from last year.Shares of the company closed 3% higher Friday.

SHA:600897

Asia24d ago

NLC India Emerges Preferred Bidder for Critical Minerals Block in Telangana; Shares Rise 3%

NLC India (NSE:NLCINDIA, BOM:513683) said it has been declared the preferred bidder for the Parvathapur Vanadium, Titanium and Aluminous Laterite block in Telangana, India, according to a Friday filing on Indian bourses.The critical minerals block auctions were conducted by India's mines ministry, the filing said.Shares of the company rose nearly 3% in recent trade.

BOM:513683NSE:NLCINDIA

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