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Visual Photonics Epitaxy's Profit Before Tax Jumps 1036% in May

Visual Photonics Epitaxy's (TPE:2455) profit before income tax jumped 1036% in May to NT$71.6 million, according to a Friday filing with the Taiwan Exchange.Earnings per share soared 933% to NT$0.31.Operating revenue rose 47% to NT$320.8 million.

TPE:2455

Asia7d ago

Salt Investments Forms Strategic Advisory Committee, Appoints Chairperson

Salt Investments (SGX:FQ7) formed a committee of strategic advisors to support its board and management in identifying growth opportunities, strategic partnerships and innovation initiatives.The Singapore-listed company appointed Tan Chin Hwee as the committee's inaugural chairperson, according to a Friday Singapore Exchange filing.Tan previously served as Asia-Pacific CEO of Trafigura Group and led Apollo Global Management's Asian operations.

SGX:FQ7

Asia7d ago

VEEM CEO to Step Down; Shares Fall 5%

VEEM (ASX:VEE) said Chief Executive Trevor Raman will step down from his role to pursue other career opportunities, according to a Monday filing with the Australian bourse.The company's shares fell 5% in recent Monday trade.

ASX:VEE

Asia7d ago

Marketech International Unit to Acquire Office Space; Shares Down 5%

Marketech International's (TPE:6196) subsidiary, EZoom Information, will acquire a right-of-use asset by leasing an office space in Taipei, according to a Friday filing with the Taiwan Exchange.Shares of the semiconductor facility systems and equipment provider were down over 5% in Monday trading.The space measures 301.57 ping and has a monthly rent of NT$506,638.

TPE:6196

Asia7d ago

Xiamen Tungsten to Buy Stake in Non-Coal Mineral Miner for 26 Million Yuan

Xiamen Tungsten (SHA:600549) plans to acquire 1.35% of Jiangxi Jutong Industrial for 26.5 million yuan, according to a Shanghai bourse filing on Saturday.The tungsten company's shares rose 2% during Monday's midday trade.Jutong Industrial is a miner of non-coal mineral resources and a hydropower company.The stake will be bought from Jiangxi Zhuoxin Mining.

SHA:600549

Asia7d ago

G50 Identifies Gold-Silver, Gallium Mineralization at Golconda Project in Arizona

G50 (ASX:G50) identified gold-silver and gallium mineralization during recent drilling at the Tub Structural Zone of its Golconda project in Arizona, according to a Monday Australian bourse filing.The results were up to 4.6 meters at 1.22 grams per tonne grade of gold and 8g/t silver from 70.1 meters and 213 meters at 17.6g/t gallium from surface, with mineralization now confirmed over a strike length of 1.8 kilometers within the Golconda property.

ASX:G50

Asia7d ago

Hero MotoCorp Launches VIDA EV Brand in Nepal

Hero MotoCorp (BOM:500182, NSE:HEROMOTOCO) said its electric mobility brand VIDA has entered Nepal through a distribution partnership with CG Motors, according to a Sunday press release.The company said the launch includes the VIDA VX2 EVOOTER range and the VIDA DIRT.E K3 electric youth off-roader, expanding its electric vehicle portfolio beyond India.

BOM:500182NSE:HEROMOTOCO

Asia7d ago

Sichuan Biokin Pharmaceutical Enrolls First Subject in Phase 3 Trial for Biliary Tract Cancer Treatment

Sichuan Biokin Pharmaceutical (SHA:688506) enrolled the first subject of its phase 3 clinical trial for its T-Bren injection in patients with biliary tract cancer, according to a Monday filing with the Shanghai Stock Exchange.The drug is indicated for patients with HER2-expressing locally advanced or metastatic biliary tract cancer who have failed platinum-based chemotherapy.T-Bren is also undergoing 19 clinical trials locally and abroad, including eight phase 3 trials, one phase 2/3 trial, four phase 2 trials, three phase 1/2 trials, and three phase 1 trials for diseases covering breast cancer, gastric or gastroesophageal junction adenocarcinoma, and non-small cell lung cancer.Shares rose 1% during the midday break on Monday.

SHA:688506

Asia7d ago

CIG Shanghai Forms 800 Million Yuan Investment Fund

CIG Shanghai (SHA:603083, HKG:6166) agreed to establish an 800 million yuan investment partnership with Shanghai Zhifengzhizi Private Fund Management, according to a July 24 Hong Kong bourse filing.The optical communications equipment maker will contribute 800 million yuan as a limited partner, while Shanghai Zhifengzhizi will contribute 10,000 yuan as the general partner.The partnership will focus on equity investments in unlisted companies in emerging industries, including integrated circuits, artificial intelligence, optical components and core chip technologies. It may also invest in private placements and block trades of listed companies within the same industry chain.CIG Shanghai said the partnership will be consolidated as its subsidiary upon completion.

HKG:6166SHA:603083

Asia7d ago

Falcon Metals Receives Regulatory Approvals for Maiden Drilling at Olsen Well Gold Target in Western Australia

Falcon Metals (ASX:FAL) received all regulatory approvals for the maiden drill program at Olsen Well, a craton-margin gold target within its Errabiddy gold project in Western Australia, according to a Monday Australian bourse filing.The company said the program will mark the first-ever drill testing of Olsen Well, where Falcon can earn a 70% interest in Exploration License E09/2457, excluding graphite rights, from West Coast Silver (ASX:WCE).

ASX:FALASX:WCE

Treasury7d ago

Bank of Shanghai Raises 25 Billion Yuan in Two Bond Issues

Bank of Shanghai (SHA:601229) raised 25 billion yuan via the issue of three-year bonds, according to a weekend filing with the Shanghai bourse.The financial bonds, with a coupon rate of 1.57%, raised 20 billion yuan. Proceeds are earmarked for asset-liability allocation needs, replenishing funding, optimizing the liability maturity structure and promoting business development.The green financial bonds carrying a 1.50% coupon raised 5 billion yuan, with proceeds to go toward green industry projects.

SHA:601229

Asia7d ago

Salt Investments Seeks Two-Month Extension to Hold Annual Meeting

Salt Investments (SGX:FQ7) has applied for a two-month extension to hold its annual general meeting for the financial year ended March 31, 2026, as its external audit requires additional time to complete, according to a Friday Singapore Exchange filing.The company said its auditor, RT LLP, needs more time to complete the FY2026 audit, which is expected to finish by mid-September.Salt Investments is seeking an extension from July 31 to Sept. 30 from the Singapore Exchange Regulation and plans to submit a separate application to the Accounting and Corporate Regulatory Authority.The company said it is working toward holding the annual general by Sept. 30, or earlier if the audit is completed sooner.

SGX:FQ7

Asia7d ago

Totm Technologies Warns of Loss in FY2026 Over Remeasurement Loss

Totm Technologies (SGX:42F) warned it expects to report a net loss for the financial year ended May 31, mainly due to a remeasurement loss after losing significant influence over an associate, according to a Friday Singapore Exchange filing.The expected loss resulted from reclassifying the investment from an equity-method associate to a financial asset measured at fair value through profit or loss.The company said the impact was compounded by weaker profitability at the investee compared with the previous financial year.TOTM said it is finalizing its FY2026 results and expects to release its unaudited financial statements on or around July 30.

SGX:42F

Asia7d ago

Cauldron Energy Receives Further Passive Seismic Interpretations at Yanrey Uranium Project; Shares Down 7%

Cauldron Energy (ASX:CXU) said Southern Geoscience has provided a further installment of processed passive seismic interpretations for its Yanrey Uranium Project in Western Australia, covering the Manyingee Southeast, Manyingee West, Ashburton East and Cosgrove locations, according to a Monday Australian bourse filing.The company said the most significant finding from the third installment is the delineation of a separate, previously undiscovered and untested arm of the Manyingee South palaeochannel, with passive seismic continuing to prove a cost-effective method for identifying the margins of palaeochannels and increasing drilling effectiveness.The company's shares fell almost 7% in recent Monday trade.

ASX:CXU

Asia7d ago

Infoline Tec Group Seeks Shareholder Nod to Acquire Buildings for New Head Office

Infoline Tec Group (KLSE:INFOTEC) is seeking shareholders' approval for its wholly-owned subsidiary, Infoline IT Solutions, to acquire two adjoining intermediate units from Huayi (SEA) and Orionis Technology, respectively, for a total of 18.6 Malaysian ringgit, according to a Monday filing to Bursa Malaysia.The investor approval will be sought at the upcoming extraordinary general meeting on Aug. 28.The company's shares were down nearly 6% in recent trade.The acquired units will be used to set up the company's new head office. Both acquisitions will be done on a 99-year lease up to Oct. 18, 2106.Infoline's board is also seeking shareholders' nod for a proposed employees' share option scheme (ESOS) covering up to 10% of issued share capital for eligible directors and employees. The scheme will be valid for five years with an option for a further five-year extension.

KLSE:INFOTEC

Asia7d ago

Hanwha Aerospace Secures Framework Supply Contract in South Korea

Hanwha Aerospace (KRX:012450) secured a framework contract with an unnamed entity to supply aerospace products, exceeding 2.5% of its most recent annual sales, according to a Monday filing with the Korea Exchange.The company said that the contract is subject to disclosure requirements, and the details of the agreement are withheld due to business confidentiality.

KRX:012450

Treasury7d ago

Shanghai Pudong Development Bank Raises 30 Billion Yuan for Small-Business Lending

Shanghai Pudong Development Bank (SHA:600000) raised 30 billion yuan via the issue of three-year fixed-rate bonds, priced at a coupon of 1.56%.Proceeds will be channeled exclusively into lending to small and micro enterprises, according to a weekend filing with the Shanghai bourse.

SHA:600000

Asia7d ago

DFZQ Logs 30% Higher H1 Profit

Orient Securities (HKG:3958) or DFZQ posted net profit attributable to shareholders of 4.52 billion yuan for the first half, up 30% from 3.46 billion yuan a year earlier, according to a Friday Hong Kong bourse filing.Earnings per share came in at 0.53 yuan from 0.40 yuan.Total operating revenue increased 19% to 9.56 billion yuan from 8 billion yuan.The company attributed the stronger results to higher revenue from its wealth and asset management, investment banking, alternative investment, and institutional and sales trading businesses.

HKG:3958

Asia7d ago

Systex Clarifies Media Report Projecting 2026 Revenue

Systex (TPE:6214) said an Economic Daily News report claiming the company is targeting record-high full-year revenue was based solely on media speculation.The company said investors should refer to its filings on Taiwan's Market Observation Post System (MOPS) for all financial and business information, according to a Monday Taiwan Exchange filing.It did not provide further details.

TPE:6214

Asia7d ago

Guotai Haitong Securities Subsidiary Issues 500 Million Yuan in Medium-Term Debts

Guotai Haitong Securities (SHA:601211, HKG:2611) subsidiary Guotai Junan Holdings issued 500 million yuan in medium-term securities, according to a Saturday disclosure to the Shanghai Stock Exchange.The bonds form part of a $3 billion issuance program started in 2021. Proceeds will go to refinancing.Guotai Haitong Financial provided a guarantee of 508 million yuan for the issuance.Shares slipped 1% in Shanghai during the midday break on Monday.

HKG:2611SHA:601211

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