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BlueBet Holdings Says Australian Retirement Trust Ceases to Be Substantial Holder

BlueBet Holdings (ASX:BBT) said Australian Retirement Trust has ceased to be a substantial holder in the company on May 1, according to a Tuesday Australian bourse filing.

ASX:BBT

Asia103d ago

Aceso Life Subscribes for HK$167.3 Million of Imagi Fin Shares

Aceso Life Science (HKG:0474) agreed to subscribe for 2,102 shares issued by substantial shareholder Imagi Fin Group, according to a Monday Hong Kong bourse filing.Shares of the construction machinery seller were down nearly 1% in Tuesday afternoon trading.The firm will settle the consideration of HK$167.3 million by issuing over 1.39 billion shares to Imagi Fin Group at HK$0.12 apiece.As of Tuesday, Imagi Fin Group holds 1.48 billion shares in Aceso Life Science.Aceso Life Science currently owns 2,624 shares in Imagi Fin Group, which will rise to 4,726 shares following completion of the subscription.Imagi Fin Group is a unit of Imagi International (HKG:0585).

HKG:0474HKG:0585

Asia103d ago

Bega Cheese Says Mitsubishi UFJ Becomes Substantial Holder

Bega Cheese (ASX:BGA) said Mitsubishi UFJ Financial Group has become a substantial holder in the company on April 29 with a stake of 5.09% or 15.5 million shares, according to a Tuesday Australian bourse filing.

ASX:BGA

Asia103d ago

Feytech Unit to Supply Seat Covers for Proton's Upcoming Model; Shares Rally 10%

Feytech (KLSE:FEYTECH) unit Gosford Leather Industries bagged a deal to supply seat covers for Perusahaan Otomobil Nasional (Proton) for an upcoming model, according to a Monday Malaysian bourse filing.Shares jumped over 10% in Tuesday's midday trade.The project is scheduled to begin in the fourth quarter and will run for 84 months. The total expected revenue is about 96.8 million ringgit, it said.

KLSE:FEYTECH

Asia103d ago

IIFL Capital Services' Consolidated Profit Slips in Fiscal Q4

IIFL Capital Services (NSE:IIFLSEC, BOM:542773) said its consolidated profit attributable to the owners fell to 1.15 billion Indian rupees in the fiscal fourth quarter from 1.28 billion rupees a year ago, according to a filing to the stock exchanges on Monday.Shares of the brokerage company gained nearly 5% in Tuesday's trade.Earnings per share in the quarter ended March 31 dropped to 3.46 rupees from 3.93 rupees a year earlier.Total revenue from operations in fiscal Q4, however, increased year on year to 6.44 billion rupees from 5.37 billion rupees, according to the filing.

BOM:542773NSE:IIFLSEC

Asia103d ago

Globetronics Technology Completes Warrants Issue

Globetronics Technology (KLSE:GTRONIC) completed its free warrants exercise after listing and quotating 357.4 million warrants on the Main Market of Bursa Malaysia, according to a Monday Malaysian bourse filing.Shares gained over 2% in Tuesday's midday trade.Previously, the company proposed to issue up to 368.5 million free warrants, based on one warrant for every two existing shares held.

KLSE:GTRONIC

Asia103d ago

Takyon Networks Bags Work Order Worth INR8 Million from Hindustan Aeronautics

Takyon Networks (BOM:544471) has received a work order worth 8.3 million Indian rupees from Hindustan Aeronautics (NSE:HAL, BOM:541154), according to a BSE filing on Tuesday.The contract is for the supply and installation of Takyon's newly launched active network components by July 31.The company's shares were up nearly 1% in recent trade.

BOM:541154BOM:544471NSE:HAL

Asia103d ago

Quess Returns to Consolidated Net Profit in Fiscal Q4; Shares Jump 11%

Quess Corp (NSE:QUESS, BOM:539978) posted an attributable consolidated net profit of 641.4 million Indian rupees in the fiscal fourth quarter, compared with a consolidated loss of 954.9 million rupees a year ago, according to a Monday filing by the business services provider.Shares of the company jumped nearly 11% in Tuesday's trade.Earnings per share during the quarter ended March 31 stood at 4.29 rupees, compared with a loss per share of 6.42 rupees a year earlier.Revenue from operations in fiscal Q4 increased to 38.9 billion rupees from 36.6 billion rupees a year earlier.The company's board recommended a special interim dividend of 3 rupees per share, payable to shareholders of record on May 8, according to the filing. The board also recommended a final dividend of 3 rupees per share for the financial year ended March 31.

BOM:539978NSE:QUESS

Asia103d ago

Market Chatter: Malaysia Sets Up Health Task Force to Secure Drug, Medical Supply Chains

The Health Ministry has formed a Special Task Force on Drug and Medical Device Safety to act as a central command unit to reinforce the country's supply resilience amid intensifying global supply disruptions, The Star reported Monday.Health Minister Dr. Dzulkefly Ahmad said the system includes real-time monitoring and broader diversification of pharmaceutical procurement sources. An early warning mechanism has also been activated, requiring suppliers to flag possible disruptions at least six months in advance by July 2026, reportedly.Meanwhile, to further safeguard domestic production, the Medical Devices Authority has secured cooperation with China, while a fast-track channel has also been initiated for urgent medical equipment imports, the news outlet said.(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.)

FTSE Bursa Malaysia KLCI

Asia103d ago

Shelter Pharma Clinches Repeat Order Worth $84,450 for Supply of Nutraceutical Products

Shelter Pharma Ltd (BOM:543963) has received $84,450 worth of international purchase orders from its existing overseas customer, Taha Drugs & Chemicals, according to a BSE filing on Tuesday.The purchase orders are for the supply of nutraceutical products, including 71,250 boxes of D3 Cure Capsules worth $48,450 and 45,000 boxes of Joemega Capsules worth $36,000.The new order is expected to boost the company's global presence and contribute positively to its revenue and overall business growth.The company's shares were down 1% in recent trade.

BOM:543963

Asia103d ago

Wockhardt Turns to Profit in Fiscal Q4; Shares Jump 9%

Wockhardt (NSE:WOCKPHARMA, BOM:532300) booked an attributable consolidated net profit of 1.66 billion Indian rupees in the fiscal fourth quarter ended March 31, compared with a consolidated net loss of 250 million rupees year ago.Shares of the company jumped nearly 9% in Tuesday's trade.Earnings per share stood at 10.22 rupees compared with a loss per share of 1.57 rupees a year earlier, according to a Monday filing to the stock exchanges by the pharmaceuticals manufacturerRevenue from operations in fiscal Q4 increased year on year to 9.65 billion rupees from 7.43 billion rupees a year earlier.

BOM:532300NSE:WOCKPHARMA

Asia103d ago

WinWay Technology Logs About NT$699 Million in Q1 Profit; Shares Gain 6%

WinWay Technology (TPE:6515) posted a profit attributable to owners of NT$698.6 million, or NT$19.54 per share, for the first quarter, according to a Monday filing with the Taiwan Stock Exchange.Shares rose 6% in Tuesday's midday trade.Meanwhile, operating revenue stood at NT$2.98 billion.

TPE:6515

Asia103d ago

Infosys Completes Acquisition of US-Based Optimum Healthcare IT

Infosys (NSE:INFY, BOM:500209) has completed the acquisition of US-based healthcare technology company Optimum Healthcare IT, according to a Tuesday filing to the Indian stock exchanges.In late March, the Indian technology services provider had agreed to acquire Optimum Healthcare for up to $465 million, including upfront payments and earnouts.The acquisition will help is expected to boost the company's presence in the provider segment by adding new clients and relationships, expanding technology capabilities, and creating synergies across new buying centers.

BOM:500209NSE:INFY

Asia103d ago

Vanguard International Semiconductor Approves NT$8.56 Billion Equipment Budget

Vanguard International Semiconductor (TWO:5347) board approved a capital budget for machinery and related facilities equipment worth NT$8.56 billion, according to a filing on Monday.Shares gained about 2% in Tuesday's midday trade.The investment covers equipment for both 8-inch and 12-inch wafer fabs.The 8-inch fab machinery and facilities budget amounts to NT$3.63 billion, while the 12-inch fab allocation stands at NT$4.93 billion.The equipment will be used for production purposes, the filing added.

TWO:5347

Asia103d ago

Tyntek Logs About NT$17 Million in Q1 Profit; Shares Rally 10%

Tyntek (TPE:2426) posted a profit attributable to owners of NT$16.6 million, or NT$0.06 per share, for the first quarter, according to a Monday filing with the Taiwan Stock Exchange.Shares jumped 10% in Tuesday's midday trade.Meanwhile, operating revenue stood at NT$545.1 million.The chip manufacturer did not provide comparative year-ago figures.

TPE:2426

Asia103d ago

Ambuja Cements' Consolidated Profit Jumps in Fiscal Q4; Shares Fall 3%

Ambuja Cements' (NSE:AMBUJACEM, BOM:500425) consolidated attributable profit increased to 18.3 billion Indian rupees in the fiscal fourth quarter from 10.3 billion rupees a year ago, according to a filing to the Indian stock exchanges on Monday.Shares of the cement manufacturer were down nearly 3% in Tuesday's trade.Earnings per share during the quarter ended March 31 climbed to 7.37 rupees from 4.16 rupees a year earlier.Revenue from operations in fiscal Q4 also rose year on year to 108.9 billion rupees from 98.9 billion rupees a year earlier.The company's board recommended a final dividend of 2 rupees per share for the financial year ended March 31. The dividend will be paid on or after July 1 to shareholders of record on June 12, the filing said.

BOM:500425NSE:AMBUJACEM

Asia103d ago

Larsen & Toubro to Undertake Coal-to-Ammonia-Nitrate Project in Odisha, India

The hydrocarbon onshore business of Larsen & Toubro (NSE:LT, BOM:500510) has secured a "large order," valued between 25 billion Indian rupees and 50 billion rupees, from Bharat Coal Gasification and Chemicals, a joint venture of Coal India (NSE:COALINDIA, BOM:533278) and Bharat Heavy Electricals (NSE:BHEL, BOM:500103).The contract involves the establishment of a coal-to-ammonia-nitrate facility in Odisha, India, according to a Tuesday filing to the Indian stock exchanges.Larsen & Toubro will set up a nitric acid and ammonium nitrate plant, to be executed on a lump sum turnkey basis. The facility enables the conversion of coal into ammonium nitrate at a production capacity of 2,000 tons per day.Larsen & Toubro shares were down over 1% in recent trade.

BOM:500103BOM:500510BOM:533278NSE:BHELNSE:COALINDIANSE:LT

Asia103d ago

Lehar Footwears Plans to Set Up New Footwear Manufacturing Unit in Haryana, India; Shares Up 3%

Lehar Footwears (BOM:532829) plans to establish a new manufacturing unit in Haryana, India, to strengthen its presence in the athleisure and sports footwear market, according to a Tuesday filing to the Indian stock exchanges.The company has already signed a rent agreement for the proposed facility, which is expected to commence commercial operations in the second quarter of the financial year 2026.The new facility will focus on manufacturing sports shoes and related products. It will help the company scale up production capacity from around 100,000 pairs per month to 500,000 pairs per month in a phased manner.The company's shares were up nearly up 3% in recent trade.

BOM:532829

Asia103d ago

New Zealand Shares Fall; Fletcher Building Flags Ongoing Residential Review, Asset Sales Underway

New Zealand shares ended lower on Tuesday as most Asian indexes saw losses amid fresh attacks exchanged between the US and Iran over the Strait of Hormuz.The S&P/NZX 50 Index fell 0.47% or 61.98 points to close at 13,035.70.The US and Iran exchanged fresh strikes across the Gulf on Monday, vying for control of the Strait of Hormuz with rival maritime blockades and rattling an already fragile truce, according to a Monday Reuters report.Meanwhile, New Zealand signed an agreement with Singapore on Monday to keep supply chains open between the countries during times of crisis, according to a Monday Reuters report.In domestic news, the ANZ World Commodity Price Index fell 0.8% month over month in April, with dairy prices in a period of high volatility, particularly butter and anhydrous milk fat, according to a report from ANZ Research.Further, overall card spending fell 2.5% in April, but was up 4.4% compared with the same time last year, ANZ Research said in a note.In corporate news, Fletcher Building (ASX:FBU, NZE:FBU) acknowledged recent media reports about its ongoing strategic review of the residential and development division, including speculation around a potential industrial property sale, but declined to provide further comment.Synlait Milk (ASX:SM1, NZE:SML) obtained two waivers in relation to its syndicated loan facilities, as external challenges continue to strain the company's financial performance.

^NZ50ASX:FBUASX:SM1NZE:FBUNZE:SML

Asia103d ago

Nomura Adjusts Ather Energy's Price Target to INR1,120 from INR1,111, Keeps at Buy

Ather Energy (NSE:ATHERENERG, BOM:544397) has an average rating of buy and mean price target of 1,019.78 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:544397NSE:ATHERENERG

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