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Zangge Mining Unit Gets Qinghai Filing Notice for Technical Renovation Project; Shares Down 7%

Zangge Mining (SHE:000408) subsidiary Zangge Lithium has received a government filing notice for a 32-million-yuan technical renovation project at Qarhan Salt Lake in Qinghai, China, according to a Tuesday filing with the Shenzhen bourse.The project will retrofit the existing 10,000-ton lithium carbonate production line with cyclic adsorption technology, adding 2,000 tons per year of battery-grade lithium carbonate capacity without increasing brine consumption or requiring new land.Construction will run until December.Shares of the potassium chloride and lithium carbonate producer were down nearly 7% in recent trade.

SHE:000408

Asia7d ago

DL E&C Provides KRW180 Billion Guarantee for Reconstruction Project

DL & C (KRX:375500) has approved a 180 billion won debt guarantee for the Dogok-Gaepo Hanshin Apartment Housing Reconstruction Project Association, according to a Korean bourse filing on Tuesday.The guarantee covers a 150 billion loan from five institutions, and will run up till April 1, 2031.

KRX:375500

Asia7d ago

Titan Appoints Chairman

Lifestyle company Titan (NSE:TITAN, BOM:500114) appointed S. Vijayakumar as chairman and additional director of the company, effective June 29, according to a Monday stock exchange filing.

BOM:500114NSE:TITAN

Asia7d ago

Smoore International Invests $110 Million in Ensemble Notes

Smoore International (HKG:6969) said it subscribed to $110 million worth of notes issued by Ensemble Investment Corp., according to a Monday filing with the Hong Kong bourse.The senior secured notes mature on Sept. 17, 2027, and offer an initial fixed interest rate of 4.31% per annum, followed by a floating rate starting Sept. 17, 2026.

HKG:6969

Asia7d ago

Salt Investments Sets Aside $1.2 Million for Tanker Acquisition

Salt Investments (SGX:FQ7) has decided to reserve around $1.2 million from private placement proceeds to acquire an oil/chemical tanker vessel, according to a Monday filing with the Singapore Exchange.The marine transportation company has already made a $90,000 deposit for the acquisition, while the vessel is undergoing inspection, due diligence and sea trials.The title of the vessel will be held through a subsidiary, Apex Excel Engineering, which is currently dormant.

SGX:FQ7

Asia7d ago

Market Chatter: HD Renewable Mulls 500 Billion Yen Investment in Japan Battery Storage Projects

HD Renewable Energy (TPE:6873) plans to invest about 500 billion yen ($3.1 billion) in Japan's battery energy storage sector as it scales up its expansion in the country, Nikkei Asia reported Tuesday.The Taiwanese company aims to develop dozens of storage facilities with a combined capacity of about 3,200 megawatts by 2030. Projects are expected to be structured through special-purpose vehicles, with stakes sold down and a fund used to attract institutional investors, according to the report.HD Renewable Energy is reportedly targeting internal returns of 4% to 5% over a 20-year period. The company has already established a presence in Japan, including a storage facility in Sapporo and partnerships with local utilities and investors, Nikkei said.HD Renewable Energy did not immediately reply to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TPE:6873

Asia7d ago

Lemon Tree Signs Pact to Open New Hotel in Nepal

Lemon Tree Hotels (NSE:LEMONTREE, BOM:541233) has entered into a license agreement to set up a new 85-room property in Janakpur in Nepal, according to a Monday filing to the Indian stock exchanges.The Lemon Tree Hotel, Janakpur, will be managed by the company's wholly-owned subsidiary Carnation Hotels.With this signing, the hospitality company now has eight properties in Nepal, with three operational hotels and five in the pipeline.Its overall international portfolio has also risen to 11 properties, with six operational hotels and five upcoming properties across Nepal, Bhutan, and Dubai.The company's shares were up nearly 1% in Tuesday's trade.

BOM:541233NSE:LEMONTREE

Asia7d ago

AMTD Idea Group Agrees to Two-Year Lock-Up on Unit Stake

AMTD Idea Group (SGX:HKB), along with AMTD Group, has agreed not to sell its stakes in The Generation Essentials Group for a period of two years, according to a Monday filing with the Singapore Exchange.The decision follows a similar commitment made by controlling shareholder AMTD Digital.

SGX:HKB

Asia7d ago

China Aerospace Times Electronics Issues Ultra-Short-Term Commercial Paper of 830 Million Yuan; Shares Down 5%

China Aerospace Times Electronics (SHA:600879) issued 830 million yuan in ultra-short-term commercial paper, according to a Shanghai bourse filing on Tuesday.The bonds have a coupon rate of 1.53% and a term of 124 days.China Merchants Bank (SHA:600036, HKG:3968) is the lead underwriter of the issuance.The aerospace company's shares dropped 5% during the midday trade.

HKG:3968SHA:600036SHA:600879

Asia7d ago

Gorilla Gold Mines Says Drilling at Western Australia Project Continues to Extend High-Grade Lodes

Gorilla Gold Mines (ASX:GG8) said recent drilling at its Comet Vale gold project in Western Australia delivered "outstanding results" and continued to extend high-grade lodes at the Sovereign deposit, according to a Tuesday filing with the Australian bourse.The latest results include 7.6 meters at 5.1 grams per tonne grade of gold from 251.3 meters; 1.2 meters at 31.5 g/t from 69.1 meters; 2.8 meters at 7.8 g/t from 190.8 meters; 2 meters at 9.6 g/t from 40.2 meters; and 2 meters at 6.3 g/t from 110.1 meters, per the filing.The Comet Vale project is part of Gorilla's North Kalgoorlie Hub, which hosts mineral resources of 1.2 million ounces at 3.7 g/t gold and is "expanding rapidly with ongoing drilling," the company said.

ASX:GG8

Asia7d ago

Aspen Group Sells Stake in Kerjaya Joint Venture

Aspen Group (SGX:1F3) sold a 30% stake in its second joint venture group with Kerjaya Property, Kerjaya Property Aspen, for 750,000 ringgit and redeemed around 13.8 million ringgit in preference shares, according to a Monday filing with the Singapore Exchange.The disposal of the shares was part of the developer's strategy to avoid further exposure to financial risks.Kerjaya Property Aspen's sole asset is a 2.055-hectare freehold land parcel in Batu Kawan in Malaysia.

SGX:1F3

Asia7d ago

Energy International Expects Profit to Decline in Fiscal 2026

Energy International Investments (HKG:0353) expects profit attributable to shareholders of HK$62 million to HK$70 million for fiscal 2026, from about HK$256 million in fiscal 2025, according to a Monday Hong Kong bourse filing.The company said the decline was mainly due to a fair-value loss on investment properties in fiscal 2026, compared with a fair-value gain a year earlier, as well as higher expected credit-loss provisions.

HKG:0353

Asia7d ago

Getalong Enterprise Promoter Westpac Investments Raises Stake to 41.47%

Getalong Enterprise (BOM:543372) said promoter Westpac Investments acquired 320,000 shares through open market purchases at 8.10 rupees per share, according to a Monday stock exchange filing.Following the acquisition, Westpac Investments' holding increased to around 8.8 million shares, representing 41.47% of the company's voting rights, from 8.5 million shares, or 39.96%, previously.

BOM:543372

Asia7d ago

Smart-Core Seeks HK$293 Million via Stock Offering

Smart-Core (HKG:2166) is looking to raise HK$293.2 million via a stock offering, according to a Monday filing with the Hong Kong bourse.The firm is seeking investors for 97.7 million shares at HK$3 each to raise funds to expand the business.The shares represent 20% of the company's issued share capital and around 16.67% as enlarged by the offering.

HKG:2166

Asia7d ago

ITC Properties Expects Fiscal 2026 Loss to Narrow

ITC Properties (HKG:0199) expects a net loss attributable to shareholders of no more than HK$550 million for fiscal 2026, compared with a loss of about HK$813 million in fiscal 2025, according to a Monday Hong Kong bourse filing.The company attributed the narrower loss mainly to lower property valuation losses and the absence of a loss on disposals of interests in certain joint ventures recorded in fiscal 2025.

HKG:0199

Asia7d ago

Wacom Completes 1.5 Billion Yen Share Buyback

Wacom (TYO:6727) has completed a 1.5 billion yen share buyback, repurchasing about 1.79 million shares, according to a Monday filing on the Tokyo Stock Exchange.The Japan-based company said that it repurchased 822,800 shares for 715.8 million yen between June 1 and June 19 through open-market purchases on the Tokyo Stock Exchange.The buyback follows the board clearance in May to repurchase 3 million shares, equivalent to 2.23% of outstanding shares excluding treasury stock, at a total cost of up to 1.5 billion yen.

TYO:6727

Asia7d ago

Market Chatter: China Lithium Futures Slide on Rumors of CATL Mine Reopening

Lithium futures on the Guangzhou Futures Exchange in China slid about 9% over the past two trading days following reports that Contemporary Amperex Technology's (SHE:300750, HKG:3750) Jianxiawo mine would restart in the second half after shutting down in 2025 due to permit issues, Bloomberg reported Monday.CATL's notice did not confirm when the mine would resume operations but could be a procedural measure related to land use, the report said, citing the Department of Natural Resources of Jiangxi, China.CATL did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:3750SHE:300750

Asia7d ago

DEE Development Engineers Unit Wins INR640 Million Wind Tower Order; Shares Fall 3%

DEE Development Engineers' (NSE:DEEDEV, BOM:544198) wholly owned subsidiary, DEE Fabricom India, has received an order worth 640 million rupees, including GST, from Ganeko Solar.Shares of the company fell nearly 3% in Tuesday's morning trade.The contract involves the manufacture and supply of 15 EN156 Envision make 353 MT windmill towers for 3.3 MW windmills, according to a Monday stock exchange filing.The order is scheduled to be executed by January 2027.

BOM:544198NSE:DEEDEV

Asia7d ago

Citigold Receives Notice of Default on Secured Loan Facility, Shares Fall 8%

Citigold (ASX:CTO) said it has received a notice of default in relation to its secured loan facility from DEP Nominees, as a trustee for the Carmen Trust, with the company currently in discussions with the lender regarding settlement of a facility totaling AU$1.7 million, according to a Monday Australian bourse filing.The company said it is also in discussions with funding parties to provide funds to settle the secured debt and is actively working to resolve the matter.The lender has exercised its rights to remove the current directors of the company's unit, Charters Towers Gold, which does not hold any mining titles at Charters Towers, it added.The company's shares fell 8% in recent Monday trade.

ASX:CTO

Asia7d ago

Hua Hong Grace to Acquire IC Wafer Foundry for 8.27 Billion Yuan; Shares Up 4%

Hua Hong Grace Semiconductor (HKG:1347, SHA:688347) plans to acquire approximately 97.5% of Shanghai Huali Microelectronics for a consideration of 8.27 billion yuan, according to a Shanghai bourse filing on Tuesday.Shanghai Huali Microelectronics produces 12-inch integrated circuit wafer foundry products.The consideration will be funded through the placement of 190,768,392 shares for 43.34 yuan per share.The funds will be used to pay the investors currently owning Huali, Huahong Group, Shanghai Integrated Circuit Fund, National IC Fund Phase II and SDIC Pioneer Fund.The semiconductor company's Shanghai shares jumped 4%, while Hong Kong shares rose 1% during the midday trade.

HKG:1347SHA:688347

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