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Magma Prices Private Placement Shares

Magma (KLSE:MAGMA) fixed the issue price of its private placement at 0.265 ringgit per share, according to a Friday Malaysian bourse filing.Shares gained about 2% in Monday's late afternoon trade.The company had proposed a private placement of up to 10% of its total shares to third-party investors.

KLSE:MAGMA

Asia67d ago

Kanghong Pharmaceutical's Unit Secures US FDA Nod for Heart Disease Gene Therapy

Chengdu Kanghong Pharmaceutical's (SHE:002773) unit, Chengdu Hongji Biotechnology, said the U.S. Food and Drug Administration authorized the clinical trials of KHN921 injection in the U.S., according to a Shenzhen bourse filing on Monday.The drug will be tested as a treatment for hypertrophic cardiomyopathy.The pharmaceutical company's shares rose 2% during the afternoon trade.

SHE:002773

Asia67d ago

Amplitude Energy's AGL Gas Sales Deal Supports Production Visibility, Euroz Hartleys Says

Amplitude Energy (ASX:AEL) strengthened its long-term production outlook after securing a foundation gas sales agreement (GSA) with AGL Energy (ASX:AGL) that lifts contracted volumes and supports valuation upside if drilling success continues, Euroz Hartleys said in an April 17 note.The company will supply 20 petajoules of gas, over four years from its East Coast Supply Project (ECSP), with deliveries starting in the second half of 2028 and pricing linked to oil and market conditions at the time of delivery.Euroz Hartleys estimates about 80% of expected production is now contracted, assuming 60 terajoules per day of gross output and completion of the remaining ECSP drilling program, including Annie field development and successful appraisal of the high-probability Juliet and Nestor prospects.The equity research firm noted that the AGL contract differs from the company's earlier Energy Australia agreement, as it is oil-linked and could deliver higher realized prices depending on oil markets over the contract term.The firm said that multiple foundation GSAs signal strong confidence in the company's drilling program and resource base, and it remains positive on valuation.Euroz Hartleys kept a buy rating on Amplitude Energy with an under review price target of AU$3.25.Amplitude Energy's shares plunged 5% in recent Monday trade, while AGL Energy's shares shed 2%.

ASX:AELASX:AGL

Asia67d ago

Centurion Buys Worker Accommodation Business in Australia

Centurion (SGX:OU8) through Centurion Overseas Investments, set up a new subsidiary in Australia named Centurion Karratha (King Way), according to a Monday filing with the Singapore Exchange.Centurion Australia Investments subscribed to all of the units in the Karratha Unit Trust.Concurrently, Centurion Karratha signed deals to acquire the Velocity Village workforce accommodation business and the Velocity Motel and Bistro for AU$45 million.The target businesses operate in Karratha, a city in the Pilbara region of Western Australia.The acquisition is part of the company's strategy to expand its worker accommodation operations.

SGX:OU8

Asia67d ago

Aofei Data Tech's 2025 Profit Rises 7%, Revenue Jumps 16%; Shares Down 3%

Guangdong Aofei Data Technology's (SHE:300738) net profit attributable to shareholders in 2025 rose 6.7% to 132.3 million yuan from 124.1 million yuan a year earlier, according to a Shenzhen bourse filing on Saturday.The data services provider's shares dropped less than 3% during Monday's afternoon trade.Earnings per share increased 6.1% year on year to 0.14 yuan from 0.13 yuan.Operating revenue climbed 16% to 2.52 billion yuan from 2.16 billion yuan in the preceding year.

SHE:300738

Asia67d ago

Aoxin Q & M Dental Signs MOU to Acquire Dental Group in Southern China

Aoxin Q & M Dental Group (SGX:1D4) signed a non-binding memorandum of understanding to acquire another dental group in Southern China for 376 million yuan, according to a Monday filing with the Singapore Exchange.The acquisition is part of the company's strategy to expand its presence in China.This follows the dental services company signing an MOU in March to acquire a dental services company based in Central China for 150 million yuan.Upon completion of these two acquisition, Aoxin Q & M Dental Group will have a combined network of around 45 clinics and 140 dental professionals.Both transactions are subject to due diligence and execution of definitive agreements, the filing added.

SGX:1D4

Asia67d ago

Jilin Aodong Pharmaceutical's Attributable Profit Jumps 54% in 2025

Jilin Aodong Pharmaceutical's (SHE:000623) attributable profit rose 54% to 2.40 billion yuan in 2025 from 1.55 billion yuan in 2024, according to a Saturday filing with the Shenzhen bourse.Earnings per share at the Chinese drug company increased 44% to 2.0416 yuan from 1.3179 yuan in the previous year.Operating income declined 11% year over year to 2.34 billion yuan from 2.61 billion yuan.Shares decreased 1% during the midday break on Monday.

SHE:000623

Asia67d ago

Xuanzhu Biopharm Cancer Drug Found to Benefit Patients in Study

Sihuan Pharmaceutical Holdings Group (HKG:0460) said a drug developed by its non wholly-owned subsidiary Xuanzhu Biopharmaceutical (HKG:2575) was found to benefit patients with lung cancer in a late-stage study, according to a Hong Kong bourse filing Monday.Results from the phase 3 clinical trial showed that dirozalkib demonstrated "statistically and clinically significant efficacy advantages" in the first-line treatment of ALK-positive advanced non-small cell lung cancer.In the modified intention-to-treat population, the drug was found to have achieved a median progression-free survival of 31.3 months compared with 12.9 months in the control group.The drug's objective response rate stood at 88.5% with a median duration of response of 32.10 months and a disease control rate of 95.4%.The firm presented the trial results at the 2026 American Association for Cancer Research annual meeting.

HKG:0460HKG:2575

Asia67d ago

Sterling and Wilson Emerges Lowest Bidder For Order Worth INR34.9 Billion; Shares Jump 12%

Sterling and Wilson Renewable Energy (NSE:SWSOLAR, BOM:542760) has emerged as the lowest bidder for an order worth 34.9 billion Indian rupees through a tender floated by Coal India (NSE:COALINDIA, BOM:533278), according to a Monday filing to the Indian stock exchanges.The contract is for a turnkey engineering, procurement, and construction (EPC) package for the development of a 875 MW (AC) grid-connected solar PV project in Bikaner in Rajasthan, India.The company also bagged an order for a 50 MW AC project in Maharashtra, India, from an Indian private independent power producer.With these new order wins, the total value of EPC order inflow in the financial year 2026 has crossed 100.6 billion rupees.The company's shares were up nearly 12% in recent trade.

BOM:533278BOM:542760NSE:COALINDIANSE:SWSOLAR

Asia67d ago

Krishival Foods Deploys Over 15,000 Deep Freezers Across Retail Network for Ice Cream Business

Fast-moving consumer goods company Krishival Foods (NSE:KRISHIVAL, BOM:544416), which sells premium nuts, dried fruits, and ice cream, has deployed over 15,000 deep freezers across its retail network, according to a Monday filing to the Indian stock exchanges.This strengthens the company's cold chain infrastructure and last-mile distribution capabilities for its ice cream brand 'Melt N Mellow'.The company's deep freezer network has increased sharply from 3,732 units at the beginning of the year to 15,490 units as of March 31, 2026.The expanded freezer network is expected to help improve the company's product visibility, consistent quality, and increased retail throughput.The company's shares were up nearly 1% in recent trade.

BOM:544416NSE:KRISHIVAL

Asia67d ago

Shinfox Energy Buys 50% Stake in Zhongwei Energy for NT$800 Million; Shares Rally 10%

Shinfox Energy (TPE:6806) acquired a 50% equity stake in Zhongwei Energy for NT$800 million, according to a Friday Taiwan Exchange filing.Shares jumped about 10% in Monday's afternoon trade.Under the deal, the company purchased 80 million shares from Cheng Uei Precision Industry, the group's ultimate parent company.The deal aims to optimize resource allocation and improve working capital, it said.

TPE:6806

Asia67d ago

Dynamatic Technologies Forms New Wholly-Owned Subsidiary

Precision engineering company Dynamatic Technologies (NSE:DYNAMATECH, BOM:505242) has incorporated a wholly-owned subsidiary named "Dynauton", according to a Monday filing to the Indian stock exchanges.The new company has been formed after receiving a certificate of incorporation from the Ministry of Corporate Affairs, Government of India, on Sunday.The company's shares were down nearly 1% in recent trade.

BOM:505242NSE:DYNAMATECH

Asia67d ago

H.G. Infra Engineering Incorporates SPV for Odisha Highway Project

H.G. Infra Engineering (NSE:HGINFRA, BOM:541019) has incorporated a wholly owned subsidiary, H.G. Gobindpur Tangi Highway, as a special purpose vehicle for a road project in Odisha, India, according to a Sunday filing on Indian bourses.Shares of the company rose nearly 1% in Monday's trade.The SPV will execute a "six-lane access-controlled Capital Region Ring Road Package-III' between Gobindpur and Tangi under hybrid annuity mode, the filing said.The construction period is 910 days, it added.

BOM:541019NSE:HGINFRA

Asia67d ago

Amplitude Could Achieve Record Fiscal Q4 Performance With Debottlenecking at Orbost, Increased Production from Otway/Cooper Basin, Euroz Hartleys Says

Amplitude Energy's (ASX:AEL) resumption of the East Coast Supply Project drilling will be the market's primary focus in the second half, and additional upside from further debottlenecking at Orbost and increased production from Otway/Cooper Basin should result in a record fiscal 2026 fourth quarter performance, Euroz Hartleys said in a Monday note.Amplitude reported fiscal third-quarter production of 6.9 petajoules equivalent, up from 6.1 petajoules equivalent in the year-ago period. It also reported a sales volume of 6.8 petajoules equivalent for the March quarter, up from 6 petajoules equivalent a year earlier, as well as "record quarterly revenue" of AU$74.1 million, compared with AU$63.4 million in the prior-year period.The revenue was around 10% below consensus, driven by softer spot market pricing during the quarter through lower residential demand in southern markets during the summer/autumn shoulder season and increased supply flows from Queensland.The investment firm retained its buy recommendation and its AU$3.25 price target on Amplitude Energy, but placed the price target under review.Amplitude Energy's shares plunged 5% in recent Monday trade.

ASX:AEL

Asia67d ago

APT Electronics Shareholder to Increase Stake

APT Electronics' (HKG:2551) controlling shareholder and members of its senior management plan to buy shares of the firm from the open market, according to a Hong Kong bourse filing Monday.The firm said the shareholding increase plan will not trigger a mandatory offer obligation under Hong Kong regulations.

HKG:2551

Asia67d ago

Shinfox Energy Unit Secures NT$5.6 Billion Settlement from Taipower; Shares Rally 10%

Shinfox Energy (TPE:6806) unit Foxwell Energy has secured NT$5.56 billion in a mediation settlement with Taiwan Power Company (Taipower) over the Offshore Wind Power Phase II project dispute.Shares jumped about 10% in Monday's afternoon trade.The dispute arose after project costs increased due to global disruptions, including the Russia-Ukraine war and COVID-19-related inflation and interest rate hikes.Taipower agreed to pay the amount covering disputes up to end-2025, with funds to be disbursed under its supervision, the filing said.

TPE:6806

Asia67d ago

YTO Express Logs 5% Rise in March Express Deliveries Revenue

YTO Express' (SHA:600233) revenue for express deliveries in March rose 4.6% year on year to 6.08 billion yuan, according to a Shanghai bourse filing.The logistics company handled 2.84 billion parcels during the month, up 6.7% from the previous year's business volume.The average revenue per parcel declined 2.0% year on year to 2.14 yuan.The company's shares declined 2% in recent trade.

SHA:600233

Asia67d ago

Anhui Tongguan Copper Foil Returns to Profit in 2025

Anhui Tongguan Copper Foil (SHE:301217) returned to an attributable profit of 62.6 million yuan in 2025 from an attributable loss of 156.3 million yuan in 2024, according to a Saturday filing with the Shanghai/Shenzhen bourse.The electronic copper foils maker logged earnings per share of 0.08 yuan compared with a loss per share of 0.19 yuan in the previous year.Operating income grew 42% year over year to 6.69 billion yuan from 4.72 billion yuan.Shares decreased 1% during the midday break on Monday.

SHE:301217

Asia67d ago

Jiangsu Nhwa Pharmaceutical's Attributable Profit Jumps 5.6% in Q1

Jiangsu Nhwa Pharmaceutical's (SHE:002262) attributable profit rose 5.6% to 317.4 million yuan in the first quarter from 300.7 million yuan in the year-ago period, according to a Saturday filing with the Shenzhen bourse.Earnings per share at the central nervous system drug manufacturer increased 3.3% to 0.31 yuan from 0.30 yuan in the prior-year period.Operating income grew 6.6% year over year to 1.61 billion yuan from 1.51 billion yuan.Shares decreased 6% during the midday break on Monday.

SHE:002262

Asia67d ago

Asset Chain Eyes AI-Driven Loan Financing Cooperation With Jiezhou, Gortune

Asset Chain (HKG:0616) said it entered into a memorandum of cooperation with Shenzhen Jiezhou Technology and Gortune International Investment to explore loan financing opportunities, according to a Monday Hong Kong bourse filing.The partnership will focus on providing financing to cross-border e-commerce firms and foreign trade suppliers, supported by AI-driven risk assessment models developed by Jiezhou.Under the arrangement, Jiezhou will evaluate borrowers using data analytics and AI risk control systems, while Asset Chain and Gortune may provide financing at their discretion.Shares of the firm were up nearly 12% in Monday's midday trade.

HKG:0616

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