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Temple & Webster Says CEO Mark Coulter to Become Executive Chair, Susie Sugden Named Next CEO

Temple & Webster (ASX:TPW) said co-founder and Chief Executive Officer (CEO) Mark Coulter will transition to the role of executive chair, with Susie Sugden appointed as the company's next CEO, effective July 1, according to a Thursday Australian bourse filing.Sugden is a former Temple & Webster executive who most recently served as chief executive of Love To Dream, a global sleepwear brand operating in more than 40 countries, the filing added.

ASX:TPW

Asia67d ago

South32 to Generate Strong Fourth-Quarter Cash Flow, Says Jefferies

South32 (ASX:S32) is poised to generate strong cash flow in the fourth quarter, helped by robust commodity prices and inventory sales, despite operational disruptions due to adverse weather conditions, Jefferies said in a note on Wednesday.The investment firm had previously expected some working capital unwind in the third quarter, but a higher impact is now expected in the June quarter due to strengthening commodity markets.The miner reported a 6% quarter-on-quarter decline in alumina production of 1.2 million tonnes, missing Jefferies' forecast of around 1.3 million tonnes. Its GEMCO sales, which beat market expectations, also came in roughly 2% below Jefferies' estimates.Analysts at the firm see risk in the Hermosa project timing and capital expenditure update ahead of the company's second-half review.Jefferies maintained a buy rating on South 32 and increased the price target to AU$5.25 from AU$5.20.

ASX:S32

Asia67d ago

APA Group Secures Nearly AU$2 Billion in Debt to Fund Growth Strategy

APA Group (ASX:APA) has raised AU$1.5 billion through AU$1 billion in hybrid subordinated capital securities and AU$500 million in 10-year senior notes to support its ongoing expansion plans, according to a Thursday Australian bourse filing.The hybrid component is split into two 30-year instruments of AU$400 million and AU$600 million, both paying a fixed 6.77% interest rate and callable after 7.5 years, while the senior notes carry a 10-year maturity with a 6.42% interest rate, the filing said.

ASX:APA

Asia67d ago

Scentre Group Launches Over $1 Billion Tender Offer for 2030 Subordinated Notes

Scentre Group (ASX:SCG) launched an "any and all" tender offer to repurchase its entire $1.31 billion of non-call 2030 subordinated notes, according to a Thursday Australian bourse filing.The company plans to fund the purchase of the notes through borrowings under its existing senior bank facilities, the filing added.

ASX:SCG

Asia67d ago

Bank of Queensland Faces Extremely Challenged Near-Term Outlook, Says Jefferies

Bank of Queensland (ASX:BOQ) is reeling from an "extremely challenged" near-term outlook following weaker-than-expected fiscal 2026 first-half results, Jefferies said in a note on Wednesday.The investment firm lowered its fiscal 2026 and 2027 EPS estimates by 3% due to higher costs and increased provisions after the bank reported a 4% decline in half-yearly cash earningsJefferies said management might be overstating the impact of its new capital partnership with Challengers, adding that it expects it will be hard to lift returns to cost-of-capital levels. However, the deal should provide a positive tailwind to the company.The bank's loan book remains in run-off amid a sluggish housing market, which is not expected to return to growth until fiscal 2027.Jefferies reaffirmed its underperform rating, noting the stock is trading at around a 25% discount to book value, and cut its price target to AU$5.64 from AU$5.76.

ASX:BOQ

Asia67d ago

ikeGPS Group Posts Higher Revenue in Fiscal 2026

ikeGPS Group (ASX:IKE, NZE:IKE) reported total revenue of around NZ$26.6 million for fiscal 2026, up 6% compared with the previous year, according to a Thursday Australian and New Zealand bourse filing.The company reported total revenue of NZ$25.2 million for the 12 months ended March 31, 2025, an earlier filing showed.The company reported an exit run rate of platform subscription revenue of about NZ$20.7 million annualized, up 18% from a year ago.The company had 463 subscription customers in fiscal 2026, added 83 new customers during the year, and maintained a customer retention rate of around 97%.The company materially delivered around 35% subscription revenue growth in fiscal 2026 guidance and expects similar levels of growth in platform subscription revenue for fiscal 2027.The company reported total cash of NZ$33 million as at March 31, with net receivables of NZ$4.3 million and no debt.

ASX:IKENZE:IKE

Asia67d ago

Huaqin Nets HK$4.5 Billion From Hong Kong IPO Ahead of Debut

Huaqin (HKG:3296, SHA:603296) raised HK$4.46 billion in net proceeds from its initial public offering in Hong Kong.The final offer price was set at HK$77.70 per H-share, according to a Wednesday after-market filing with the Hong Kong Stock Exchange.The China-based smart hardware products manufacturer offered 58.5 million H-shares in the global offering.The Hong Kong public offer was 531.33 times subscribed, with a final allocation of 5.9 million shares, representing 10% of the total offering.The international offering was 13.34 times subscribed, with a final allocation of 52.7 million shares, or 90% of the total offering.An over-allocation of 8.8 million shares was made under the global offering.Cornerstone investors, including JPMAMAPL, UBS Asset Management (Singapore), Shanghai Gaoyi, Perseverance Asset Management, Cloud Map, Taikang Life, and Aurora SF, were allotted a combined 29.3 million shares, according to the filing.Huaqin is scheduled to debut on the Hong Kong bourse on Thursday, April 23.

HKG:3296SHA:603296

Asia67d ago

Downer EDI Unit Prices AU$400 Million Issue of Seven-Year Notes

Downer EDI's (ASX:DOW, NZE:DOW) financing arm, Downer Group Finance, priced an issue of AU$400 million in seven-year medium-term notes (MTN) at a fixed rate of 6.488%, according to a Thursday filing with the Australian and New Zealand bourses.The issuance, part of the company's AU$1.25 billion debt issuance program, extends the company's debt maturity profile to about four years as of June 30, diversifies its funding sources, and replaces AU$500 million of maturing MTNs, per the filing.The MTNs are scheduled to be issued on April 28, the filing added.

ASX:DOWNZE:DOW

Asia67d ago

Comvita Launches NZ$30 Million Rights Offer

Comvita (NZE:CVT) launched a pro-rata renounceable rights offer to raise up to NZ$30 million to support bank refinancing, according to a Thursday filing with the New Zealand bourse.The offer allows eligible shareholders to purchase one new share for every 1.53 existing shares held at NZ$0.65 apiece, a 2.7% discount to the theoretical ex-rights price of NZ$0.67, per the filing.Shareholders may trade rights on the New Zealand Exchange, and those who fully subscribe can apply for extra shares via an oversubscription facility, though allocation is not guaranteed, the filing added.

NZE:CVT

Asia67d ago

Genesis Energy Posts Lower Fiscal Q3 Retail Electricity Sales; Raises Fiscal 2026 EBITDAF Guidance

Genesis Energy (ASX:GNE, NZE:GNE) reported total retail electricity sales of 1,380 gigawatt-hours (GWh) for the fiscal third quarter ended March 31, down from 1,474 GWh in the same quarter a year earlier, according to a Thursday filing with the New Zealand bourse.The company's retail customers fell to 491,532 in the quarter from 526,327 a year earlier, and wholesale electricity sales declined year over year to 998 GWh from 1,434 GWh, the filing said.The company's total retail gas sales were 0.8 petajoules in the March quarter, down from 1.2 petajoules in the same quarter last year.The company raised its fiscal 2026 guidance for normalized earnings before interest, taxes, depreciation, amortization, and fair-value adjustments to a range of NZ$515 million to NZ$545 million from its previous forecast of NZ$490 million to NZ$520 million.

ASX:GNENZE:GNE

Asia67d ago

a2 Milk Co. Says JPMorgan Chase Ceases to be a Substantial Shareholder

a2 Milk Co. (ASX:A2M, NZE:ATM) received notice that JPMorgan Chase and its affiliates are no longer substantial holders of the company from Monday, according to a Thursday filing with the New Zealand bourse.JPMorgan Chase now owns 33.3 million shares in the company, representing 4.59% of the issued shares, the filing said.

ASX:A2MNZE:ATM

Asia68d ago

Guoquan Food Plans Share Buyback

Guoquan Food (Shanghai) (HKG:2517) intends to buy back up to HK$200 million of Hong Kong-listed shares from the open market, according to a Wednesday Hong Kong bourse filing.The repurchased shares may be cancelled or held as treasury shares.

HKG:2517

Asia68d ago

Solis Buys SG$2.5 Million Bond

Solis (HKG:2227) acquired a SG$2.5 million bond issued by Seatrium Financial Services for SG$2.5 million from the open market, according to a Wednesday Hong Kong bourse filing.The bond has a coupon rate of 2.95% per annum and will fall due April 28, 2031.The construction firm acquired the bond for investment purposes.

HKG:2227

Asia68d ago

Health and Happiness International's Revenue Climbs 34% in Q1

Health and Happiness International Holdings (HKG:1112) recorded a revenue of 4.26 billion yuan in the first quarter of 2026, up 34% from 3.17 billion yuan a year prior, according to a Wednesday Hong Kong bourse filing.Of the total, revenue from the adult and baby nutrition and care products jumped 26% and 61%, respectively, to 1.93 billion yuan and 1.83 billion yuan.The increases reflect the phasing effect of the Chinese New Year holidays and a temporary rise in the demand for Biostime infant milk formulas amid new industry developments.Pet nutrition segment revenue slipped 1.5% to 493.4 million yuan.

HKG:1112

Asia68d ago

Container Corp. of India Names CFO

Container Corp. of India (NSE:CONCOR, BOM:531344) appointed Vivek Gupta as director (finance) and chief financial officer of the company, effective April 21, according to an Indian bourse filing on Wednesday.

BOM:531344NSE:CONCOR

Asia68d ago

Star Shine Widens Loss in 2025

Star Shine Holdings Group (HKG:1440) widened its attributable loss to 98.3 million yuan in 2025 from 12.8 million yuan a year prior, according to the firm's annual report filed with the Hong Kong bourse Wednesday.The lace manufacturer and footwear company's loss per share was 0.078 yuan in the year, compared with 0.0101 yuan in the 2024.Revenue slipped to 513.8 million yuan from 584.5 million yuan in the year-ago period.

HKG:1440

Asia68d ago

Fabtech Technologies Board to Consider Dividend

Fabtech Technologies (NSE:FABTECH, BOM:544558) April 27 board will meet on May 21 to consider the payment of a dividend for the fiscal year ended March 31, according to a Wednesday filing on India bourses.

BOM:544558NSE:FABTECH

Asia68d ago

Enviro Infra Unit Buys 49% Stake in Bihar BESS Project SPV

Enviro Infra Engineers (NSE:EIEL, BOM:544290) said its arm EIE Renewables has acquired a 49% stake in PRA Bihar BESS for 155.1 million rupees under a share purchase and options agreement, according to a Wednesday filing on Indian bourses.The target company will develop a 37.5 MW / 150 MWh battery energy storage system project in Bihar under Build-OwnOperate & Transfer (BOOT) mode, with completion expected by May 31, 2027, the filing said.The remaining 51% stake will be acquired within 60 days from the commercial operation date of the project, the filing said.

BOM:544290NSE:EIEL

Asia68d ago

Hi Sun Technology Sells 169 Million Yuan Asset-Backed Securities

Hi Sun Technology (China) (HKG:0818) issued 169 million yuan of asset-backed securities divided into two series, according to a Wednesday Hong Kong bourse filing.The priority tranche comprises 143 million yuan of 2.6% bonds, while the subordinated tranche comprises 26 million yuan of securities with an unspecified coupon rate, each falling due March 31, 2027.The priority tranche, issued to qualified institutional investors in China, will be traded on the Shanghai Stock Exchange, with the subordinated tranche issued to Ronghui Zhida Factoring or its designated affiliates.The firm will use proceeds as general working capital of the fintech services business segment.

HKG:0818

Asia68d ago

Bharat Electronics Start Fiscal 2027 With Orders Worth INR5.69 Billion

Bharat Electronics (NSE:BEL, BOM:500049) has secured orders worth 5.69 billion Indian rupees at the start of the financial year 2026-27, according to a Wednesday filing on Indian bourses.The orders include avionics, electronic warfare systems, high energy lasers, communication systems, tank subsystems and related services, the filing said.

BOM:500049NSE:BEL

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