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Ley Choon Unit to Establish Joint Venture Company in Australia

Ley Choon (SGX:Q0X) subsidiary, LCCE, signed a joint venture agreement with Australian specialist contractor, TTCA, to form a joint venture company named Ley Choon TTC (Aust) Tunnelling International in Singapore.The new venture will be involved in the business of pipe jacking in Singapore and beyond, according to an after-market filing with the Singapore Exchange on Tuesday.The company's subsidiary will have a 51% stake in the new venture, which will diversify the company's pipe-laying business.

SGX:Q0X

Asia31d ago

Baker Technology Buys Back Shares

Baker Technology (SGX:BTP) bought back 11,100 shares in the open market on Tuesday for SG$5,397 or SG$0.48495 apiece, according to a same-day filing with the Singapore Exchange.The technology company has bought back 191,826 shares from its existing buyback mandate.

SGX:BTP

Asia31d ago

Hong Lai Huat Buys Back Shares

Hong Lai Huat (SGX:CTO) bought back 49,900 shares worth SG$3,838 on Tuesday, according to a same-day filing with the Singapore Exchange.The property developer is authorized to buy back around 48.3 million shares under its existing buyback mandate.

SGX:CTO

Asia31d ago

Zhejiang Huahai Pharmaceutical Gets China Approval for Arthritis Drug

China's drug regulator approved Zhejiang Huahai Pharmaceutical's (SHA:600521) iguratimod tablets for rheumatoid arthritis, according to a Tuesday filing with the Shanghai bourse.

SHA:600521

Asia31d ago

Nahar Capital and Financial Services Reports No Share Dematerialization in May; Shares Up 3%

Nahar Capital and Financial Services (NSE:NAHARCAP, BOM:532952) said no equity shares were dematerialized in May, according to a Tuesday filing on Indian bourses.The company said a total of 16.6 million equity shares were held with the National Securities Depository Ltd. and Central Depository Services (India) Ltd. as of May 31.Shares of the company rose over 3% in recent trade.

BOM:532952NSE:NAHARCAP

Asia31d ago

Keppel Repurchases Shares Worth SG$4.2 Million

Keppel (SGX:BN4) bought back 400,000 shares in the open market on Tuesday for nearly SG$4.2 million, according to a same-day filing with the Singapore Exchange.The infrastructure and real estate company has so far repurchased nearly 9.8 million shares under its existing buyback mandate.

SGX:BN4

Asia31d ago

Global Investments Repurchases More Shares

Global Investments (SGX:B73) bought back 27,100 shares in the open market on Tuesday for SG$3,390, according to a same-day filing with the Singapore bourse.The company has repurchased 169,300 shares under its current mandate.

SGX:B73

Asia31d ago

Malaysian Shares End Marginally Lower Despite Positive Performance of Regional Peers; Tanco Shares Slump 29%

Malaysian shares extended losses, ending in the red on Tuesday and bucking regional gains. Investors remained cautious as market uncertainties persisted and new catalysts were limited.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 4.02 points to end 0.2% lower at 1,675.50. The day range was between 1,675.04 and 1,687.93.In local news, Malaysia Semiconductor Industry Association President Wong Siew Hai expects growth in the country's electrical and electronics export market to continue in 2026. In an interview with Bloomberg TV, the nation's chip industry chief said such exports could top 800 billion ringgit this year, up from 711 billion ringgit in 2025 and 601 billion ringgit in 2024.In corporate news, Tanco (KLSE:TANCO) said it is unaware of any undisclosed corporate developments, rumours, or other factors that could explain the sharp fall in its share price, following a query from Bursa Malaysia over unusual market activity. Shares plunged nearly 29% on Tuesday's close.Shares of renewable energy and green technology company Cypark Resources (KLSE:CYPARK) gained over 4% after it proposed a private placement of up to 10% of its total shares to third-party investors.AMMB (KLSE:AMBANK) unit AmBank (M) agreed to acquire Menara AmBank skyscraper and its related assets for 331 million ringgit. Menara AmBank, a 46-story office tower in Kuala Lumpur's Golden Triangle.

FTSE Bursa Malaysia KLCIKLSE:AMBANKKLSE:CYPARKKLSE:TANCO

Asia31d ago

Hongkong Land Buys Back More Shares

Hongkong Land (SGX:H78) bought back 270,000 shares on June 8 at a weighted average price of $7.2374 apiece.The real estate developer will cancel the repurchased shares, according to a Singapore bourse filing on Tuesday.

SGX:H78

Asia31d ago

Sky Gold and Diamonds Names CEO; Shares Jump 4%

Sky Gold and Diamonds (NSE:SKYGOLD, BOM:541967) appointed Akash Talesara as chief executive officer, effective June 9, according to a same-day filing on Indian bourses.Shares of the company jumped 4% in recent trade.

BOM:541967NSE:SKYGOLD

Asia31d ago

Oncolys BioPharma Gains Full Japanese Approval for Esophageal Cancer Therapy

Oncolys BioPharma (TYO:4588) has received full marketing approval from Japan's Ministry of Health, Labour and Welfare for Telomelysin Injection to treat esophageal cancer patients ineligible for curative resection or chemoradiotherapy.It is the world's first oncolytic adenovirus product approved for this indication, based on data from a domestic pivotal study, according to a Tokyo bourse filing on Monday.The therapy selectively replicates in and destroys cancer cells by leveraging telomerase activity, offering a new option for patients with limited alternatives.Under a 2024 agreement, FUJIFILM Toyama Chemical will handle commercialization in Japan after NHI price listing.Oncolys will receive a milestone payment from its partner, recorded as revenue for fiscal 2026, with additional product supply payments recognized progressively after launch.The company plans to launch Telomelysin in Japan later this year and is currently assessing the approval's financial impact.

TYO:4588

Asia31d ago

StanChart Buys Back Shares

Standard Chartered (HKG:2888) repurchased 773,200 shares on Monday at an average price of around 19.41 pounds sterling apiece, according to a Tuesday filing with the Hong Kong bourse.The British lender plans to cancel the shares, following which it will have about 2.2 billion shares in issue.

HKG:2888

Asia31d ago

Besterra Obtains 2 Billion Yen Loan from MUFG Bank

Besterra (TYO:1433) secured a loan of 2 billion yen from MUFG Bank for working capital amid the increase in the scale of its construction projects.The unsecured loan repayable May 31, 2029, carries a floating interest rate and is scheduled to be drawn Wednesday, according to a Tokyo bourse filing on Tuesday from the construction engineering company.

TYO:1433

Asia31d ago

Kyushu Electric Power Subsidiary Loses Storage Device with Customers' Data

A subsidiary of Kyushu Electric Power (TYO:9508) has reported that an external backup storage medium went missing from an unlocked cabinet inside a secured server room.The device contains customer names, addresses, electricity usage data, and phone numbers, but no bank account or credit card information, according to a Tokyo bourse filing on Tuesday.The backup was created due to insufficient server capacity, and the loss was discovered on May 26 after being confirmed present on April 27.No data leakage has been confirmed so far, and investigations have not ruled out unauthorized removal.Authorities including the Personal Information Protection Commission have been notified, and affected customers will be contacted individually.The company is continuing its search and will implement measures to prevent a recurrence.

TYO:9508

Asia31d ago

Bhageria Industries Says No Undisclosed Price Sensitive Information Behind Volume Spike; Shares Up 3%

Bhageria Industries (NSE:BHAGERIA, BOM:530803) said it has no pending disclosures or unpublished price sensitive information that could explain the recent rise in trading volumes, according to a Tuesday filing on Indian bourses.The company said this while responding to a query from stock exchanges on unusual movement in its shares, stating that all material information has already been disclosed in line with SEBI listing norms.Bhageria Industries said the movement in trading volume appears to be market-driven based on available information.Shares of the company rose nearly 3% in recent trade.

BOM:530803NSE:BHAGERIA

Asia31d ago

China Suntien Green Energy's Power Output Climbs 10% in May

China Suntien Green Energy's (SHA:600956, HKG:0956) power output jumped 10% year over year to nearly 1.4 million megawatt-hours in May, according to a Tuesday Hong Kong bourse filing.The natural gas and wind power generation company's transmission/sales volume of gas stood at 219.8 million cubic meters, down 28% from a year prior.For the five months ended May 31, power generation slipped 1% to 7.2 million megawatt-hours.

HKG:0956SHA:600956

Asia31d ago

Singapore Shares Recover to Surge as Trump Hints at Deal with Iran; Mun Sion Engineering Plunges 9%

Singapore shares surged more than 1% on Tuesday, tracking regional gains, as markets reacted positively to news that the US president, Donald Trump, could be set to conclude a peace deal with Iran.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,964.66 and 5,026.76 throughout the day. It ended the session at 5,023.25, up 59.58 points or 1.2% compared to Monday's close.On the corporate front, shares of Mun Siong Engineering (SGX:MF6) slid over 9% at the close as it named Kirk Keng Chong as its group chief financial officer, effective June 8.Mooreast (SGX:1V3) was down over 9% as it raised around SG$6 million through the private placement of around 44.5 million shares at SG$0.135 apiece.Meanwhile, shares of Ley Choon Group (SGX:Q0X) were up over 2% as it secured underground utilities service contracts worth SG$24.5 million.

^STISGX:1V3SGX:MF6SGX:Q0X

Asia31d ago

Sakata INX's Material Supply Steady and Implements Price Revisions to Cushion Costs Increases

Printing ink manufacturer Sakata INX (TYO:4633) said there is no major disruption to ink material procurement, including solvents, and continues steady shipments globally, according to a Tokyo bourse filing on Tuesday.Drawing on its global network to secure raw materials and lessons from the Ukraine crisis, the company is working to reduce the time lag between cost increases and price adjustments.Despite rising material prices, expected to cost 15 billion yen this year, it is making price adjustments to pass on the increase.The company is also promoting environmentally friendly inks, such as toluene-free and plant-based Botanical Ink series, to reduce dependence on naphtha.

TYO:4633

Asia31d ago

China Dongxiang Warns of Swing to Full-Year Loss

China Dongxiang (Group) (HKG:3818) expects an attributable loss of up to 180 million yuan for the year ended March 31, compared with an attributable profit of 207 million yuan a year prior, according to a Tuesday Hong Kong bourse filing.The sport-related apparel and footwear company attributed the forecast to a lower gain from the fair value change of financial assets, foreign exchange losses, and an impairment allowance for loans to existing and former members of the management.

HKG:3818

Asia31d ago

Fitch Assigns A Ratings to Tencent Holdings' Proposed US Dollar, Yuan Notes

Fitch on Monday gave A ratings to Tencent Holdings' (HKG:0700) proposed US dollar and yuan senior unsecured notes.The Chinese technology and entertainment conglomerate will issue the notes under its $30 billion medium-term note program.The proposed notes' rating is equivalent to the company's A senior unsecured rating, ranking equally at all times with current and future senior unsecured debt. Other key rating drivers include AI-driven advertising growth and the company's strong business profile and games portfolio.

HKG:0700

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