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Tricklestar Names Group CEO

Tricklestar (SGX:CYW) named Tan Ong Huat as the company's group chief executive officer and executive chairman, effective June 26, according to a Thursday filing with the Singapore Exchange.This follows the resignation of Ling Hee Keat as the company's executive chairman, following the change in the company's controlling shareholder.

SGX:CYW

Asia28d ago

MTR Issues EUR3 Billion of Green Bonds

State-owned public transport operator MTR (HKG:0066) issued 3 billion euros of green notes under its $25 billion debt issuance program, according to a Wednesday Hong Kong bourse filing.The offering comprises 1 billion euros of 3.25% green notes due 2034, 1 billion euros of 3.625% green notes due 2038, and 1 billion euros of 4.125% green notes due 2046.The notes are expected to be listed in Hong Kong and on the Luxembourg Stock Exchange on June 11.

HKG:0066

Asia28d ago

Sino Medical Sciences' Unit to Borrow $1 Million From Related Party

Sino Medical Sciences Technology's (SHA:688108) unit, Nova Technologies, plans to obtain a loan of up to $1 million from a subsidiary of the company's actual controller, Sun Jianhua, according to a Shanghai bourse filing on Thursday.The one-year loan, to be received from Well Sun Holdings, will carry an annual interest rate of 3.5%.The medical device maker said the loan will be used to fund Nova's research and development, clinical and operational activities.

SHA:688108

Asia28d ago

Prisemi Electronics to Acquire Semiconductor Device Makers for 403 Million Yuan

Shanghai Prisemi Electronics (SHA:688230) plans to acquire two companies through the issuance of convertible bonds and cash for 402.6 million yuan, according to a Shanghai bourse filing on Thursday.The semiconductor device maker will fully acquire Shanghai Jishun Technology and 17.2% of Shanghai Shunlei Technology, which produces power semiconductor devices.Jishun Tech directly owns 82.9% of Shunlei and serves as its holding vehicle.The convertible bonds to be issued will have a four-year term and a 0.1% coupon rate. Its initial conversion price would be 42.79 yuan per share.

SHA:688230

Asia28d ago

Autagco's Attributable Loss Widens in Fiscal Q3

Autagco (SGX:WNH) attributable loss to owners widened in the fiscal third quarter ended April 30 to SG$835,000 from SG$333,000 a year earlier, according to a Wednesday filing with the Singapore Exchange.Loss per share of the food and beverage company came in at SG$0.0003 compared with SG$0.0001 in the year-ago period.Revenue declined 64% year over year to SG$151,000 from SG$414,000.

SGX:WNH

Asia28d ago

BIWIN Storage Technology to Invest 21 Million Yuan in Zhenbao Technology IPO

Biwin Storage Technology (SHA:688525) subsidiary Hainan Nanbaixuan will invest 20.9 million yuan to acquire 468,146 shares in Chongqing Zhenbao Technology's initial public offering on Shanghai's Star Market.The company's packaging business requires equipment components that Chongqing Zhenbao Technology supplies, including quartz, silicon and ceramic parts, according to a Thursday filing with the Shanghai bourse.Shares of the chip manufacturer slid 2% in recent trade.

SHA:688525

Asia28d ago

Samudera Shipping Line Completes Disposal of Chemical Tanker

Samudera Shipping Line (SGX:S56) completed the disposal of chemical tanker MT Sinar Malahayati on June 10, according to a same-day filing with the Singapore Exchange.The disposal is part of the shipping company's unit, Samudera Tankers' agreement to dispose of two chemical tankers, which included MT Sinar Mendawai.

SGX:S56

Asia28d ago

Development Advance Solution Emerges Preferred Bidder for Sinan Jangpo Solar Project's EPC Contract

Development Advance Solution (KRX:058730) was selected as a preferred bidder for the Sinan Jangpo solar photovoltaic project's engineering, procurement, and construction contract, according to a Thursday filing with the Korea Exchange.The bid is valued at 19.3 billion won, which is 7.06% of the firm's latest annual revenue.The contract is expected to be concluded by July 31, 2027.Shares of Development Advance Solution rose nearly 2% in recent trade.

KRX:058730

Asia28d ago

Singapore Exchange's Securities Turnover Value Surges 70% in May

Singapore Exchange's (SGX:S68) securities turnover value zoomed 70% year over year in May to reach SG$45.8 billion, according to a Wednesday bourse filing.Securities daily average value jumped 79% year over year to SG$2.4 billion, the highest since October 2007, the data showed.In May, the STI index hit an all-time high of 5,072.Meanwhile, ETF net inflows stood at SG$129 million, while small and mid-cap SDAV's were up 24% month over month.

SGX:S68

Asia28d ago

Kakiyasu Honten's Full-Year Profit Climbs 16%

Kakiyasu Honten's (TYO:2294) profit attributable to owners of the parent rose 16% to 811 million yen for the fiscal year ended April 30, from 701 million yen a year earlier.The meat and food producer's basic earnings per share increased to 84.69 yen from 71.50 yen a year ago, according to a Tokyo bourse filing on Wednesday.Net sales were little changed at 36.1 billion yen.Kakiyasu Honten declared a final dividend of 85 yen per share, payable from July 27.For the fiscal year ending April 30, 2027, the company expects attributable profit of 800 million yen, basic EPS of 83.50 yen, and net sales of 36 billion yen.Kakiyasu Honten plans to pay a year-end dividend of 85 yen per share for the current fiscal year, which is unchanged from the amount paid in the year-ago period.

TYO:2294

Asia28d ago

VPower Group Seeks Court Approval for Meeting with Lenders on Restructuring

VPower Group (HKG:1608) said it was seeking court approval to hold a meeting with creditors on a restructuring plan, according to a Wednesday filing with the Hong Kong bourse.The distributed power provider plans to hold a meeting with lenders on Aug. 21 after the longstop date of its previously proposed offshore debt restructuring lapsed.The restructuring agreement, signed in November 2025, covered about HK$2.08 billion in offshore debt and included plans to extend remaining maturities by 5.5 years from Sept. 2, reduce interest rates and waive certain existing breaches.Upon completion, the offshore debt would have been reduced to a restated principal of about HK$1.38 billion.VPower said no definitive agreement had been reached with lenders or any relevant creditor on the restructuring.

HKG:1608

Asia28d ago

Kingston Resources Abandons Open Pit Mining at New South Wales Project; Launches AU$12 Million Capital Raise; Shares Hit 52-Week Low

Kingston Resources (ASX:KSN) said it suspended mining at the Pearse South open pit at its Mineral Hill mine in New South Wales following a second geotechical incident involving a wall failure, according to a Thursday filing with the Australian bourse.Tension cracks were visible in the pit's sole access ramp on June 1 and continued to open over subsequent days, resulting in a vertical slumping that made it unsafe for use, per the filing."Potential remediation options would take several weeks and a ramp redesign would sterilize a material amount of the remaining ore," the company said, adding that the risks and costs of regaining access outweigh the benefits of continued mining.As such, Kingston will not resume mining at the Pearse South open pit.The company has also paused underground development and delayed the start of underground production at Mineral Hill in favor of an intensive resource and near mine exploration drilling program. The decision will impact staffing levels, with Kingston retaining about 24 site personnel for an interim period with about 120 redundancies and the loss of 18 contractors, it said.The cost of the open pit closure, redundancies, and fleet demobilizations is estimated at AU$5 million over the coming months. The open pit closure will also result in an estimated gross revenue reduction of about AU$39 million in the June to September period, the company said.Additionally, Kingston is looking to raise about AU$11.6 million in capital, including a firm commitment for a roughly AU$2.6 million placement to investors via the issuance of about 36.4 million new shares at a price of AU$0.07 each. The company is also launching a fully underwritten entitlement offer to raise about AU$9.1 million before costs through the issue of about 129.5 million new shares at the same price.The company's shares fell past 48% in recent Thursday trade and earlier hit a 52-week low.

ASX:KSN

Asia28d ago

Accelink Raises 3.48 Billion Yuan from Share Placement; Shares Up 3%

Accelink Technologies (SHE:002281) raised net proceeds of 3.48 billion yuan from a share placement, according to a Shenzhen bourse filing on Thursday.The company placed nearly 20.9 million shares for 167.55 yuan apiece to eight investors, including China Information and Communication Technologies Group and Caitong Fund Management.The listing of the newly issued shares will be effective June 16.The optical components and subsystems producer's shares rose 3% during the morning trade.

SHE:002281

Asia28d ago

Hearts and Minds Investments Posts Lower May NTA

Hearts and Minds Investments (ASX:HM1) reported post-tax net tangible assets of AU$3.28 per share for May, according to a Thursday filing with the Australian bourse.The company recorded post-tax net tangible assets of AU$3.32 per share for May 2025, an earlier filing showed.The portfolio offered a fully franked annualized dividend yield of about 6.7% as of May 31, the filing said.

ASX:HM1

Asia28d ago

Divgi TorqTransfer Systems Appoints Chief Information Officer

Divgi TorqTransfer Systems (NSE:DIVGIITTS. BOM:543812) has appointed Kishor Hole as chief information officer, with effect from Wednesday, according to a same-day filing to the Indian stock exchanges.Hole has over 20 years of experience and before joining Divgi, he served as the general manager - information technology at Sany Heavy Industry India.

BOM:543812NSE:DIVGIITTS

Asia28d ago

Luye Pharma Completes $180 Million Convertible Bond Sale

Luye Pharma (HKG:2186) completed a $180 million bond offering, according to a Thursday filing with the Hong Kong bourse.The debt was offered in the form of 5.25% convertible bonds due 2031, with funds intended for the repurchase of the company's outstanding $180 million 6.25% convertible bonds due 2028.The repurchase is yet to be completed, the firm said.

HKG:2186

Asia28d ago

Anycolor's Profit Rises 22% in Fiscal Year 2026

Anycolor's (TYO:5032) net profit climbed 22% to 14.1 billion yen in the fiscal year 2026 from 11.5 billion yen a year earlier.The entertainment company's earnings per share increased to 230.76 yen from 186.56 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales jumped 30% to 55.7 billion yen for the period ended April 30 from 42.9 billion yen in the prior year.Anycolor declared a final dividend of 40 yen per share for the fiscal year ended April 30, payable from July 13.For fiscal year 2027, the company expects net profit in the range of 12.3 billion yen to 13.7 billion yen, basic EPS of 205.60 yen to 228.45 yen, and net sales of 56 billion yen to 60 billion yen.Anycolor plans to pay interim and year-end dividends of 31 yen per share, each, for the current year, which is lower than the 75 yen per share paid in the year-ago period.

TYO:5032

Asia28d ago

Eoptolink Proposes Hong Kong Listing

Eoptolink Technology (SHE:300502) proposed to list and issue shares on the Hong Kong Stock Exchange, according to a Thursday filing on the Shenzhen bourse.The plan is still subject to shareholders' and regulators' approvals.The optical transceiver module manufacturer's shares slipped 1% during the morning trade.

SHE:300502

Asia28d ago

Seazen Holdings Posts 2.6% Rise in May Commercial Operating Revenue

Seazen Holdings (SHA:601155) logged a 2.6% year-over-year rise in total commercial operating revenue for May to 1.21 billion yuanContract sales were down 29% to about 1.39 billion yuan, according to a Thursday filing with the Shanghai bourse.Shares of the real estate developer declined 2% in recent trade.

SHA:601155

Asia28d ago

E&P Global Says Russian Ministry Appeals Court Ruling on Mining License Dispute

E&P Global (HKG:1142) said Russia's Ministry of Natural Resources and Ecology appealed a court ruling in favor of the company in a case over the revocation of a key mining license, according to a Hong Kong bourse filing Wednesday.The Ninth Arbitration Court of Appeal accepted the ministry's appeal and scheduled a hearing for Aug. 3, the firm said.The Moscow Arbitration Court previously held that decisions by Rosnedra, Russia's Federal Agency for Subsoil Use, and the Russian Ministry of Natural Resources to revoke the company's coal mining licenses were unlawful.The case involves the Lapichevskaya coal mine in Russia's Kemerovo region, where the company's local unit, LLC Shakhta Lapichevskaya, had its mining license renewed in April 2025 and then revoked by the Federal Agency for Mineral Resources a week later.The firm previously said that the Russian mining licenses accounted for about HK$1.42 billion, or roughly 96% of its total assets, as of Mar. 31, 2025.

HKG:1142

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Asia28d ago

Kingston Resources Abandons Open Pit Mining at New South Wales Project; Launches AU$12 Million Capital Raise; Shares Hit 52-Week Low

ASX:KSN