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Woodside Energy Group Shares Jump 3% After INPEX Enters Agreement to Acquire Australian Offshore Gas Resource Joint Venture Stake

Woodside Energy Group's (ASX:WDS) shares advanced 3% in recent trading on Monday after it acknowledged on Saturday INPEX's disclosure that it has, through a unit, entered into an agreement with PetroChina International Investment (Australia) to acquire PetroChina's 10.67% participating interest in the Browse joint venture.The development concept for the proposed Browse to North West Shelf project involves processing resources from the Browse offshore gas resource through the North West Shelf project's Karratha gas plant.The transaction is conditional on rights of pre-emption, among other things, which Woodside will consider as part of its usual transaction review processes.

ASX:WDS

Asia51d ago

Challenger Gold Names New Chairman-Elect, COO

Challenger Gold (ASX:CEL) said Peter Marrone, Allied Gold chairman and chief executive, will join Challenger as non-executive chairman-elect, according to a Monday Australian bourse filing.Marrone's election will be subject to the receipt of shareholder approval at the extraordinary general meeting in June. Current non-executive chairman, Eduardo Elsztain, will transition to the role of non-executive director.In addition, Yohann Bouchard, former chief operating officer of Yamana Gold, will join Challenger as COO, the company said.In the same filing, the company said it received binding commitments for around 708 million new fully-paid ordinary shares at an issue price of AU$0.12 apiece to raise AU$85 million. This includes AU$10 million placement to Marrone and other lead investors, as well as AU$5.3 million to affiliates of Elsztain.The company will also issue one free-attaching unlisted option for every two new shares subscribed for and issued pursuant to the placement, exercisable at AU$0.156.Challenger Gold shares jumped nearly 2% in recent trading on Monday.

ASX:CEL

Asia51d ago

Bitfire Expects Wider Loss in Fiscal H1; Shares Slip 3%

Bitfire (HKG:1611) expects to post a net loss of no more than HK$245 million in the fiscal first half ended March 31, compared with a net loss of HK$12.3 million a year earlier, according to a May 15 Hong Kong bourse filing.Shares of the technology service provider were down over 3% in Monday's late morning trade.The expected wider loss was mainly due to a net fair value loss on crypto assets, higher operating and research and development expenses.

HKG:1611

Asia51d ago

Capital Securities Books About NT$3 Billion Profit in Q1

Capital Securities (TPE:6005) posted a profit attributable to owners of the parent of NT$2.91 billion, or NT$1.34 per basic share, for the first quarter, according to a Friday Taiwan Exchange filing.Shares slid over 2% in Monday's recent trade.Operating revenue accumulated stood at NT$7.13 million.The company did not disclose comparative year-ago figures in the filing.

TPE:6005

Asia51d ago

Kolon Global Returns to Profit in Q1; Shares Decline 4%

Kolon Global (KRX:003070) posted first-quarter net income of 11.5 billion won, compared with a net loss of 34.8 billion won a year earlier, according to a Monday filing with the Korea Exchange.The South Korean construction engineering company's sales fell 2% to 631.2 billion won from 644 billion won.Shares of Kolon Global fell nearly 4% in recent trade.

KRX:003070

Asia51d ago

Telix Pharmaceuticals Shares Fall 3% After Entering Collaboration to Explore Prostate Cancer Imaging in New Treatment Approaches

Telix Pharmaceuticals (ASX:TLX) shares fell 3% in recent Monday trade after the company said late Friday it has entered into letters of intent to pursue collaborations with EDAP TMS and Profound Medical, developers of minimally invasive and image-guided ablative treatment technologies for prostate cancer.The company said in a statement that the collaborations will explore the investigational use of its prostate-specific membrane antigen positron emission tomography imaging agents Gozellix and Illuccix with robotic high-intensity focused ultrasound and other image-guided therapies designed to treat localized prostate cancer, including transurethral ultrasound ablation.

ASX:TLX

Asia51d ago

ITC Properties Explores AI Infrastructure Venture With Telecom Services Firm; Shares Jump 12%

ITC Properties (HKG:0199) signed a memorandum of understanding with Beijing Qiyuan Zhisuan Data Technology to explore cooperation in artificial intelligence infrastructure and data center businesses, according to a May 15 Hong Kong bourse filing.Shares of the property developer rose nearly 12% in late-morning trade on Monday.The companies plan to collaborate on AI infrastructure, internet data center resources, artificial intelligence data center development, computing power services, and data center operations.ITC said the parties may also explore a variable interest entity structure involving Qiyuan Zhisuan, which holds telecommunications licenses in China for internet data center and internet access services.The memorandum will remain valid for 12 months unless terminated earlier.

HKG:0199

Asia51d ago

ChinHung International Wins KRW62.6 Billion Housing Redevelopment Project in Jeongneung-dong, South Korea

ChinHung International (KRX:002780) secured a construction order to build 209 apartment units and ancillary welfare facilities at the site around 223-1 Jeongneung-dong, Seongbuk-gu, Seoul, according to a Monday filing on the Hong Kong Stock Exchange.The contract is valued at 62.6 billion won. The contract period runs until the end of the month, marking 32 months from the actual start of construction, the filing said.Shares of ChinHung International fell nearly 1% in recent trade.

KRX:002780

Asia51d ago

Ingenia Communities to Pay Residents a Total of AU$1.5 Million over Cooking Facility Breaches

Ingenia Communities Group (ASX:INA) entered into an enforceable undertaking with Consumer Affairs Victoria (CAV), after units in its Ingenia Gardens rental communities in Victoria were not supplied with cooking facilities from March 2021 to May 2026, according to a Monday Australian bourse filing.The company said residents who lived in units without cooktops will be paid AU$15.89 per week of occupation as compensation, plus a lump sum of AU$50 in recognition of the frustration and denial of their rights, with total compensation not expected to surpass AU$1.5 million, the filing added.Ingenia has also agreed to pay AU$100,000 to the Housing for the Aged Action Group and AU$1 million to the Victorian Consumer Law Fund, the filing said.The company said it has completed a remediation program by providing cooktops to all impacted properties, working closely with residents to ensure safety and efficiency, per the filing.The company's shares fell 1% in recent Monday trade.

ASX:INA

Asia51d ago

Air China's Passenger Capacity Edges Up in April

Air China's (SHA:601111, HKG:0753) available seat kilometers, which measure passenger capacity, rose 0.5% year on year in April, according to a Hong Kong bourse filing on May 15.The airline's Hong Kong-listed shares were down nearly 4% in late-morning trade on Monday.Revenue passenger kilometers, an indicator for combined passenger traffic, increased 5.8% from a year earlier during the month.Cargo capacity, measured through available freight tonne kilometers, declined 3.6% from a year earlier.Cargo and mail traffic, measured through revenue freight tonne kilometers, increased 4.2% from a year earlier.The airline added six aircraft and retired one A320 aircraft in April, bringing its fleet size to 965 aircraft at month-end.

HKG:0753SHA:601111

Asia51d ago

Samsung Heavy Industries Secures KRW1.124 Trillion Order for Three LNG Carriers from Oceania

Samsung Heavy Industries (KRX:010140) secured an order for three liquefied natural gas carriers from an Oceania-based shipper.The deal is valued at 1.124 trillion won. The shipbuilder will deliver the vessels by May 31, 2029, according to a Monday filing with the Korean Exchange.Shares of Samsung Heavy Industries rose nearly 2% in recent trade.

KRX:010140

Asia51d ago

China Travel International Sets Up JV in China to Advance Tourism Projects; Shares Jump 14%

China Travel International Investment Hong Kong (HKG:0308) said it set up a joint venture with two Chinese mainland firms to develop the Heidushan Scenic Spot in Qinghai, according to a Hong Kong bourse filing Sunday.The theme park operator's shares gained nearly 14% in Monday morning trade.The firm set up China Travel (Mangya) Tourism Development with Mangya Tourism Investment Development and Mangya Guoqing Tourism & Culture Development with a registered capital of 200 million yuan.China Travel said it invested 102 million yuan in the venture for a 51% interest.The newly invested tourism projects are due for completion and operation in 2028.Meanwhile, the firm said it generated 170 million yuan in revenue and around 57 million yuan in operating profit during the first four months of 2026 from its previously completed acquisitions of Jilin Songhua Lake International Resorts and China Travel (Beijing) Bingxue Sports Development.

HKG:0308

Asia51d ago

Singapore Regulator Suspends Assessment of Keppel's SG$1.4 Billion Sale of M1; Shares Down 3%

Singapore's Infocomm Media Development Authority (IMDA) suspended its evaluation of Keppel's (SGX:BN4) proposed SG$1.4 billion sale of telecommunications provider M1 to Simba Telecom, a unit of ASX-listed Tuas Ltd. (ASX:TUA), according to a Monday filing with the Singapore Exchange.This comes after IMDA's review revealed that Simba Telecom could have been using radio frequency bands that had not been assigned to it to provide mobile services, which is a breach of the city-state's laws.Under the agreement between Keppel and Simba, the sale purchase agreement will cease to have effect in case the proposed disposal fails to secure approval from the IMDA on or before the long-stop date of May 21.Shares of the company were down over 3% in early Monday morning trading.

SGX:BN4

Asia51d ago

News Australia Launches STORYx Content Integration Unit, Appoints Jo McAlister to Lead

News' (ASX:NWS) Australia unit said it has launched STORYx, a new dedicated function for content integration, strategy, and products, with media executive Jo McAlister appointed to lead, according to a Monday statement from the company.McAlister brings more than 20 years of media experience, having held senior roles at Foxtel, NBCUniversal, SBS, and the Seven Network, per the statement.

ASX:NWS

Asia51d ago

ArtGo Eyes 10-for-1 Share Consolidation, Board Lot Change

ArtGo (HKG:3313) proposed a 10-for-1 share consolidation and a change in board lot size, according to a May 15 Hong Kong bourse filing.Shares of the marble miner gained 1% in morning trade Monday.Under the proposal, the company's issued shares will be reduced to about 142.2 million from 1.42 billion shares, assuming no further share issuance or repurchases before the effective date.The company also proposed changing the board lot size to 5,000 consolidated shares from 10,000 existing shares.The proposal remains subject to shareholder approval and stock exchange clearance.

HKG:3313

Asia51d ago

SoftMedx Healthcare's Controlling Shareholder Completes Share Sale; Shares Up 5%

SoftMedx Healthcare (HKG:0648) said its controlling shareholder completed the placement of 445 million existing shares at HK$0.11 apiece, according to a May 15 Hong Kong bourse filing.Shares of the firm were up nearly 5% in Monday morning trade.The placed shares represent about 20.8% of the company's issued share capital.Following completion of the placement, the controlling shareholder's stake in SoftMedx decreased to 30.3% from 51%.The company said the shares were placed to not fewer than six independent placees and none became a substantial shareholder following the transaction.

HKG:0648

Asia51d ago

Embark Early Education Declares Further Final Dividend

Embark Early Education (ASX:EVO) declared a further quarterly dividend of AU$0.015 per share as its final dividend for 2025, according to a Monday Australian bourse filing.The dividend will be paid on June 15 to holders of record as of May 26, the filing said.The company's shares rose around 2% in recent Monday trade.

ASX:EVO

Asia51d ago

Newly-Built Houses in China's Top-Tier Cities Grow at Softer Pace in April

The prices of new residential properties in China's first-tier cities grew 0.1% month on month in April, decelerating from the 0.2% expansion in March, the National Bureau of Statistics reported Monday.Prices in Shanghai, Guangzhou, and Shenzhen jumped 0.4%, 0.1%, and 0.1%, respectively. Beijing saw a 0.2% fall in new-home prices, the NBS said.Prices of existing homes in first-level cities jumped 0.4% month on month.On a yearly basis, prices of newly built residential buildings slid 2.1% while those of existing homes plunged 6.8%.

Shanghai Composite^SZSE

Asia51d ago

Prudential to Acquire 75% Stake in India's Bharti Life Insurance For INR35 Billion

Prudential (SGX:K6S, HKG:2378) agreed to acquire a 75% stake in India's Bharti Life Insurance Company for 35 billion Indian rupees, according to a Sunday filing with the Hong Kong bourse.The insurer's Hong Kong-listed shares fell 2% in morning trade Monday.Prudential is acquiring the stake from Bharti Life Ventures and 360 ONE Asset Management, pending regulatory approval. The firm may be required to pay an additional 7 billion rupees if certain conditions are met.Following completion, the firm's Indian operations will include majority-owned Bharti Life Insurance and Prudential HCL Health Insurance, as well as minority shareholdings in ICICI Prudential Asset Management and ICICI Prudential Life Insurance (NSE:ICICIPRULI, BOM:540133).To secure regulatory approval, Prudential is expected to reduce its 22% shareholding in ICICI Prudential Life Insurance to under 10%, the firm said.Proceeds from the stake sale will be used to support future growth of the business, Prudential said.

BOM:540133HKG:2378NSE:ICICIPRULISGX:K6S

Asia51d ago

Service Stream Secures AU$455 Million in New Utility Sector Contracts, Shares Up 4%

Service Stream (ASX:SSM) has secured new agreements worth AU$455 million across the utility sector, including a nine-year contract with Yarra Valley Water valued at about AU$405 million and two contracts with Millmerran Operating Company worth a combined AU$50 million over three years, according to a Monday Australian bourse filing.Mobilization for the Yarra Valley Water contract is set to start immediately, with operations due to commence in October, the filing added.The Millmerran contracts will support the delivery of major and forced outage works at the 425-megawatt power station in Queensland, including mechanical inspections, testing, overhaul, and repair activities on the boiler and balance of plant, the filing added.The company's shares rose 4% in recent Monday trade.

ASX:SSM

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