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Transwarp Technology Makes Tepid Hong Kong Debut as Shares Open Flat

Transwarp Technology's (HKG:6727, SHA:688031) shares opened flat in their Hong Kong debut on Monday morning, trading in line with the offer price.The enterprise AI software company opened at HK$49 per share, unchanged from its offer price.

HKG:6727SHA:688031

Asia3d ago

SF Holding's Revenue Rises 2.8% in August

SF Holding (SHE:002352, HKG:6936) recorded revenue of 25.5 billion yuan in August, up 2.8% from 24.8 billion yuan a year earlier, according to a Friday filing with the Hong Kong bourse.Revenue from express logistics fell 1.35% to 18.4 billion yuan, while revenue from supply chain and international business rose 15.6% to 7.08 billion yuan.

HKG:6936SHE:002352

Asia3d ago

Kaoko Metals Starts Diamond Drilling at Namibia Prospect

Kaoko Metals (ASX:KAO) started diamond drilling at its Donkey Hill prospect, within the Chalkos project in Namibia, according to a Monday filing with the Australian bourse.The company also mobilized an additional drill rig to allow drilling to progress concurrently at Donkey Hill and the nearby Otniel prospect, the filing said.Shares rose 2% in morning trade Monday.

ASX:KAO

Asia3d ago

Downer EDI Says Macquarie Ceases to be Substantial Holder

Downer EDI (ASX:DOW) said Macquarie Group (ASX:MQG) and its controlled bodies corporate ceased to be substantial holders of the firm as of Sept. 15, according to a Friday Australian bourse filing.

ASX:DOW

Asia3d ago

Cygnus Metals Shareholders Vote in Favour of Central Asia Metals Scheme of Arrangement, Shares Up 3%

Cygnus Metals (ASX:CY5) said scheme shareholders have voted in favor of the scheme of arrangement under which Central Asia Metals will acquire 100% of the shares in Cygnus, according to a Monday statement.The company said it will apply to the Supreme Court of Western Australia for approval of the scheme at a hearing scheduled for Sept. 23, with a copy of the court orders to be lodged with ASIC the following day, when the scheme would become effective.Cygnus said it expects to be suspended from trading on the ASX from the close of trading on Sept. 24 and on the TSX Venture Exchange from the close of trading on Sept. 23, with the scheme to be implemented on Oct. 5.The company's shares rose 3% in recent Monday trade.

ASX:CY5

Asia3d ago

Ramelius Resources Now Expects Fiscal 2030 Production of Up to 610,000 Ounces, Shares Up 5%

Ramelius Resources (ASX:RMS) now expects fiscal 2030 production of between 560,000 and 610,000 ounces at an all-in sustaining cost (AISC) of AU$2,100 to AU$2,400 per ounce, up 11% from the October 2025 plan and up 205% compared with fiscal 2026 production, according to a Monday Australian bourse filing.The company said fiscal 2027 guidance has been set at 205,000 to 225,000 ounces at an AISC of AU$2,150 to AU$2,350 per ounce, with total growth capital expenditure for fiscal 2027 of AU$480 million to AU$570 million.Total expenditure for the Mt Magnet plant in Western Australia is now expected to total AU$280 million, up from AU$223 million previously, due to inflationary impacts, greater fixed price coverage and additional infrastructure enhancements to enable future mill capacity beyond the planned 4.3 million tonnes per year, the filing added.Ramelius said its growth plans are fully funded and expected to generate significant free cash flow of up to AU$1.5 billion in fiscal 2030 at a gold price of AU$5,500 per ounce, with current cash, gold and investment holdings in excess of AU$1 billion.Changes to the Mt Magnet Hub plan include an increased underlying gold price assumption of AU$5,500 per ounce, up from AU$4,500 previously, and an increased diesel price assumption of AU$1.50 per liter until December, stepping down to AU$1.25 per liter from January 2027, compared with AU$1 per liter previously, the filing added.The company shares rose 5% in recent trade.

ASX:RMS

Asia3d ago

Transwarp Technology Nets HK$686.5 Million in Hong Kong IPO

Transwarp Technology (Shanghai) (HKG:6727, SHA:688031) is set to receive HK$686.5 million in net proceeds from its initial public offering in Hong Kong after pricing shares within the previously provided price band.The enterprise AI software company priced 14 million H-shares at HK$49 apiece, which is at the low end of its guidance range of up to HK$61, according to a Friday bourse filing.The Hong Kong public offering was 73.86 times subscribed, with 2.8 million shares allocated, while the international offering was 1.42 times subscribed, with 11.2 million shares allocated.Cornerstone investors were allotted 1.5 million shares, representing 10.75% of the IPO shares.Transwarp is set to debut on the Hong Kong bourse on Monday, Sept. 21.

HKG:6727SHA:688031

Asia3d ago

Fitch Upgrades Thailand's Ratings to Stable, Affirms 'BBB+' Rating

Fitch Ratings has revised its outlook on Thailand to stable from negative, reflecting increased confidence that the country's government debt-to-GDP ratio will broadly stabilize over the medium term, according to a Friday statement.The agency affirmed Thailand's sovereign credit rating at 'BBB+'. Fitch previously revised the country's outlook to negative in September 2025 amid political uncertainties.Fitch noted that the Thai economy is performing better than expected amid the ongoing global energy crisis. Deflationary pressures have receded, and policy predictability has improved following the general elections held in February, Fitch said.The agency expects general government debt to stabilize by fiscal year 2028, starting Oct. 1, 2027, at just below 63%, up from 59.3% in fiscal year 2025.

^SET

Asia3d ago

Bayan Mining and Minerals Starts Third-Phase Field Program at Nevada Project

Bayan Mining and Minerals (ASX:BMM) started its third-phase surface geochemistry and geological program at its Bayan Springs South project in Nevada, according to a Monday filing with the Australian bourse.The field program is expected to refine the southern and northern target priority areas ahead of final drill targeting and permitting, the filing said.Results from the program will be incorporated into a revised plan of operations to support completion of drill permitting with the US Forest Service, per the filing.

ASX:BMM

Asia3d ago

Telix Pharmaceuticals to Acquire German Radiopharmaceutical Biotechnology Company for Initial $1.65 Billion Payment, Shares Fall 3%

Telix Pharmaceuticals (ASX:TLX) will pay an initial $1.65 billion on a cash-free/debt-free basis for German radiopharmaceutical biotechnology company ITM Isotope Technologies Munich, a key supplier of commercial-grade 177-lutetium, according to a Monday Australian bourse filing.After adjustments, ITM shareholders are expected to be paid around $1.25 billion in the form of 105.8 million Telix shares at $11.84 per share, released as Nasdaq American depositary receipts after the escrow periods.The deal includes an additional contingent consideration of up to $700 million upon the achievement of future regulatory approvals and commercial sales milestones for ITM-11, or 177-lutetium-edotreotide, a therapeutic candidate. $96 million of management equity rollover and transaction expenses will be payable by the sellers. $302 million of net debt will be assumed by Telix at the closing of the acquisition.The transaction is subject to Telix shareholder approval and other customary closing conditions. Upon the completion of the transaction, Telix shareholders will own around 76.3%, and ITM shareholders will own around 23.7% of Telix shares on issue.Its shares fell 3% in early trading on Monday.

ASX:TLX

Asia3d ago

Frasers Property Issues SG$40 Million Bonds Due 2037

Frasers Property (SGX:TQ5) subsidiary Frasers Property Treasury issued SG$40 million of 3.50% fixed-rate bonds due in 2037, according to a Friday filing with the Singapore bourse.

SGX:TQ5

Asia3d ago

Kingsgate Consolidated to Defend Legal Proceedings Initiated by Political Risk Insurers; Shares Down 3%

Kingsgate Consolidated (ASX:KCN) said it intends to defend legal proceedings initiated by its Political Risk Insurers against the company and its Kingsgate Capital unit in the New South Wales Supreme Court on Sept. 17, according to a Monday filing with the Australian bourse.The insurers allege that the company and its subsidiary violated a settlement agreement by failing to make payments due under the agreement and/or taking decisions relating to the Thailand-Australia Free Trade Agreement Arbitration without their consent, the filing said.The company said the current primary claim is for up to $58.5 million and AU$750,000, but the insurers have asserted various other alternative claims, per the filing.Shares fell 3% in morning trade Monday.

ASX:KCN

Asia3d ago

Bellevue Gold Identifies High-Grade Gold Mineralization, Reports 2.7 Million Ounce Resource in Western Australia

Bellevue Gold (ASX:BGL) identified high-grade gold mineralization during exploration drilling at its Bellevue Gold Project in Western Australia, according to a Monday Australian bourse filing.The results were up to 9.3 meters at 62.1 grams per tonne gold and 8.9 meters at 31 g/t gold.The company reported an annual indicated and inferred resource of 2.7 million ounces at 8.6 g/t gold, down from 3.1 million ounces at 8.9 g/t gold in fiscal 2026, including an indicated resource of 1.6 million ounces at 9.3 g/t gold, down from 2 million ounces at 9.7 g/t gold.Probable ore reserves stand at 1 million ounces at 4.5 g/t gold, down from 1.3 million ounces at 4.7 g/t gold in fiscal 2026, with exploration drilling to become an important element of the company's renewed growth strategy and substantially increase in fiscal 2027 following the addition of an underground rig, the filing added.The company's shares fell 1% in recent Monday trade.

ASX:BGL

Asia3d ago

Suntec REIT Plans Sale of Three Australian Assets

Suntec Real Estate Investment Trust (SGX:T82U) plans to launch formal sales campaigns for three Australian assets to focus on its Singapore portfolio and reduce overseas exposure.The assets to be offloaded are 177 Pacific Highway, 21 Harris Street and 477 Collins Street in Australia, according to a Monday filing with the Singapore Exchange.The divestment plan is supported by improving conditions in Australia's capital markets and investor interest in well-leased assets with stable income streams, Suntec REIT said.

SGX:T82U

Asia3d ago

Regis Resources Identifies High-Grade Gold at Western Australia Operation

Regis Resources (ASX:RRL) said assay results from resource development drilling at the Rosemont underground, part of its Duketon gold operations in Western Australia, continue to highlight the potential to further extend resources and mine life, according to a Monday Australian bourse filing.The results were up to one meter at 4.4 grams per tonne gold from 920 meters and one meter at 2.8 grams per tonne gold from 801 meters.The results confirm the mineralized unit extends 600 meters south of the current resource envelope at Rosemont, with mineralization remaining open along strike from the current Rosemont Stage 3 underground development, the filing added.

ASX:RRL

Asia3d ago

Yamaichi Electronics to Transfer 15% Stake in Unit to VS Technology

Yamaichi Electronics (TYO:6941) has resolved to transfer 32,400 shares, or 15% of voting rights, in wholly owned subsidiary Koshin Kogaku (KKC) to VS Technology.The share transfer agreement was executed on Sept. 18, and closing is scheduled for Sept. 25, according to a Tokyo bourse filing.The transfer aims to strengthen the group's optical-related business by combining KKC's manufacturing capabilities with VS Tech's established overseas sales network to expand sales.KKC and VST already have a business relationship, with KKC's products used in filters of VST'smachine vision lenses, the filing said.Yamaichi Electronics will retain 85% ownership of KKC, which will remain a consolidated subsidiary.

TYO:6941

Asia3d ago

FireFly Metals Says Share Purchase Plan to Close on Wednesday, Shares Fall 3%

FireFly Metals (ASX:FFM) reminded eligible shareholders that its share purchase plan is scheduled to close on Wednesday, Sept. 23, according to a Monday Australian bourse filing.The shareholders were invited to apply for up to AU$30,000 worth of new fully-paid ordinary shares at an issue price of AU$1.78 apiece.Its shares fell 3% in early trading on Monday.

ASX:FFM

Asia3d ago

Vulcan Energy Resources Begins Commercial Scale Production of Lithium Extraction Adsorbent, Shares Advance 3%

Vulcan Energy Resources (ASX:VUL) began the commercial-scale production of its proprietary lithium-extraction adsorbent, VULSORB, in Germany, according to a Monday Australian bourse filing.This was also the start of production for first fill volumes for the adsorption-type direct lithium extraction columns ahead of the Lionheart project commissioning in the second half of 2028, where VULSORB will be used to selectively capture lithium from brine.In collaboration with its tolling partner, Vulcan will manufacture the adsorbent over the next 18 to 24 months.Its shares rose 3% in early trading on Monday.

ASX:VUL

Asia3d ago

Forrestania Resources to Acquire 100% of Issued Capital of Sipa Exploration for AU$250,000; Shares Down 4%

Forrestania Resources (ASX:FRS) agreed with Auravelle Metals (ASX:AUV) to acquire 100% of the issued capital of Sipa Exploration for AU$250,000, according to a Monday filing with the Australian bourse.The acquisition provides the company with ownership of a package of granted exploration licenses in Western Australia, including E77/2783, E77/2918, E77/2706 and E77/2708, namely the Skeleton Rocks area of interest, the filing said.The acquisition is subject to completion of financial, legal and technical due diligence by the company within 21 days of execution of the agreement, per the filing.Forrestania Resources shares fell past 4% in morning trade Monday, while Auravelle Metals shares rose 14%.

ASX:AUVASX:FRS

Asia3d ago

Waypoint REIT Raises Quarterly Dividend

Waypoint REIT (ASX:WPR) declared a quarterly dividend of AU$0.0432 per share, up from AU$0.042 in the previous year, according to a Monday filing with the Australian bourse.The dividend is payable on Nov. 30 to shareholders on record as of Sept. 30.

ASX:WPR

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