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Unique Plastic Industry Uses 228 Million Baht of IPO Proceeds to Pay Debt, Working Expenses

Unique Plastic Industry (BKK:UNIX) has used 200 million baht at the end of June, from the 328.18 million baht raised from its initial public offering, to repay its debt and that of its subsidiaries owed to financial institutions, according to a Thursday filing to the Thai stock exchange.Earlier this year, the company had conducted its IPO of 180 million newly issued ordinary shares at an offering price of 1.89 baht per share.Of the total, the company has also used 28.2 million baht for working capital for business operations.The company still has 100 million baht remaining for the allocated purpose of investment in machinery, tools and equipment, including potential related businesses, to support the growth of the company and its subsidiaries.

BKK:UNIX

Asia14d ago

Zhongmiao Partners With ZhongAn Online on Insurtech

Zhongmiao (HKG:1471) has entered into a cooperation agreement with ZhongAn Online P & C Insurance (HKG:6060) to develop insurance products and digital insurance services, according to the Wednesday Hong Kong bourse filing.The companies plan to combine Zhongmiao's insurance distribution capabilities with ZhongAn Online's insurtech expertise to expand offerings across sectors including the digital economy, robotics, new energy and healthcare.Zhongmiao added that the agreement reflects preliminary intentions for cooperation and is subject to further formal agreements, which may or may not materialize.

HKG:1471HKG:6060

Asia14d ago

Hing Yip Unit Enters 65 Million Yuan Finance Lease Deal; Shares up 3%

Hing Yip (HKG:0132) said that its subsidiary, Greengold Leasing, entered into finance lease agreements worth 65 million yuan with Dingxing Longyuan Heating, according to a Wednesday Hong Kong bourse filing.Under the agreements, Greengold Leasing will acquire heat supply equipment from the lessee and lease the assets back for 75 months.The leases are expected to generate total lease payments of about 85.1 million yuan, including 20.1 million yuan in interest.Hing Yip said the transaction is part of Greengold Leasing's ordinary business and is expected to provide stable revenue and cash flow. The leases are backed by guarantees, equity pledges and security interests over the assets and receivables.Shares of the firm were up nearly 3% in Thursday morning trade.

HKG:0132

Treasury14d ago

Fantasia Holdings Files for Singapore Listing of $2 Billion Bonds

Fantasia Holdings (HKG:1777) filed for the listing of $1.96 billion bonds on the Singapore bourse, according to a filing with the Singapore Exchange on Thursday.The real estate company filed for $501.2 million zero coupon mandatory guaranteed convertible bonds due 2027, $642 million 3.0% senior bonds due 2031 and $821.7 million 3.0% senior bonds due 2034.The bonds will be listed and quoted on the Bonds Market on or about July 31, the filing said.

^STIHKG:1777

Asia14d ago

South Korea's Privacy Regulator Fines KT KRW54 Billion for Data Breach

South Korea's privacy regulator has fined KT (KRX:030200) 53.98 billion won due to a data breach, according to a Thursday release.The telecommunications company neglected to properly secure its femtocell system, which allowed hackers unauthorized access to its mobile network, according to the Personal Information Protection Commission (PIPC).The breach, which occurred in 2024 and 2025, included phone numbers and identification numbers of 16,647 users, which were used for unauthorized transactions.Financial damage related to the breach reached 240 million won, impacting 368 people.The PIPC also found lapses on KT's response to the breach, including not reporting the incident, deleting server logs and submitting false data.The regulator ordered the telecom company to adopt corrective efforts following the breach.Shares of the company fell more than 2% in recent trade.

KRX:030200

Asia14d ago

Harbin Pharmaceutical Gets Marketing Approval for Potassium Sulfate API

Harbin Pharmaceutical (SHA:600664) obtained marketing approval from China's drug regulator for its potassium sulfate active pharmaceutical ingredient.Potassium Sulfate is one of the active pharmaceutical ingredients in Sodium Sulfate, Magnesium Sulfate, and Potassium Sulfate Oral Concentrated Solution, exerting an osmotic laxative effectShares of the pharmaceutical company rose nearly 2% in recent trade.

SHA:600664

Asia14d ago

Brightstar Resources Reports Decline in Ore Mined for June Quarter; Shares Down 6%

Brightstar Resources (ASX:BTR) said it mined 28,300 tonnes of ore in the June quarter at 3.1 grams per tonne grade of gold, according to a Thursday filing with the Australian bourse.In the year-ago period, the company reported 34,700 tonnes of ore mined at 3.3 g/t gold, a previous filing showed.Brightstar also struck a power purchase agreement and LNG supply deal for its Laverton mill power station in Western Australia following the close of the June quarter.It signed the power purchase deal with PWR Hybrid Solutions and the supply agreement with EVOL LNG, both portfolio companies of OCTA Group, to align fuel supply and power generation under a coordinated contractual framework, per the filing.The company ended the June quarter with AU$122 million in cash on hand and undrawn net bond proceeds of AU$161 million for a total liquidity position of AU$283 million.Its shares fell 6% in recent Thursday trade.

ASX:BTR

Asia14d ago

Jianghua Microelectronics Materials to Fully Acquire Subsidiary for 1.5 Million Yuan; Shares Down 9%

Jiangyin Jianghua Microelectronics Materials (SHA:603078) plans to acquire the remaining 15.5% in subsidiary Jiangyin Jianghua Micro Fuxin Electronic Materials for 1.5 million yuan, bringing its holdings to 100%, according to a Shanghai bourse filing on Thursday.Jiangyin Jianghua Micro Fuxin Electronic Materials sells electronic and chemical products and provides technology services.The stake will be acquired from Yin Fuhua, chairman and general manager of Jianghua Microelectronics Materials.The wet electronic chemical maker's shares slumped 9% during the afternoon trade.

SHA:603078

Asia14d ago

Yuanta Financial Gets Financial Supervisory Commission's Nod for Yuanta Securities Acquisition

Yuanta Financial (TPE:2885) has received approval from the Financial Supervisory Commission (FSC) for its acquisition of Yuanta Securities Investment Trust as a wholly-owned subsidiary through a share swap, according to a Wednesday filing to the Taiwan stock exchange.The company's shares were up nearly 1% in Thursday's trade.Under an agreement signed in March, Yuanta Financial agreed to acquire Yuanta Securities, wherein each common share of Yuanta Securities Investment will be exchanged for 5.2583 common shares of the company.The acquisition was aimed at effectively integrating group resources, expanding synergies, and enhancing operations and profit momentum.

TPE:2885

Treasury14d ago

ICICI Bank Files for Singapore Listing of $1 Billion Bonds

ICICI Bank (BOM:532174) filed for the listing of $1 billion 5.459% senior bonds due 2031 on the Singapore bourse, according to a filing with the Singapore Exchange on Thursday.The bonds are expected to be listed and quoted on the Bonds Market on or about July 31, the bank said.

^STIBOM:532174

International14d ago

Japan's Consumer Confidence Improves in July

Consumer confidence in Japan improved in July, with the index measuring sentiment rising to 34.9 from 33.8 in June, according to data from the Cabinet Office on Thursday.The latest reading beat the Investing.com forecast of 34.2.The improvement was driven by stronger sentiment across all four components of the consumer perception index.Sentiment on overall livelihood rose 1.1 points to 33.1, income growth increased 0.6 points to 40.9, employment prospects climbed 1.7 points to 40.1, and willingness to buy durable goods advanced 1 point to 25.6.

Nikkei 225

Asia14d ago

Sunway Healthcare Unit to Acquire Johor Land for MYR45 Million

Sunway Healthcare's (KLSE:SUNMED) subsidiary, Sunway Medical Centre, signed an agreement to acquire four parcels of freehold land in Johor for 45.4 million ringgit, according to a Wednesday filing with Bursa Malaysia.The integrated healthcare provider will utilize the 9.918 acres land to develop a 410-bed hospital, with an estimated development cost of around 781.6 million.

KLSE:SUNMED

Asia14d ago

Sinyi Realty Unit to Undertake Property Development Projects Worth Up to NT$2 Billion

Sinyi Realty (TPE:9940) said its board has authorized the chairman of its unit, Sinyi Development, to negotiate and sign agreements for potential real estate development projects with total land and construction costs of up to NT$2 billion.The authorization covers joint development projects, including urban renewal, as well as government land bids in Taipei and New Taipei City, according to a Wednesday Taiwan exchange filing.The company will share details and terms of any transaction, once the projects are confirmed.

TPE:9940

Asia14d ago

Champion Iron's Elevated June Quarter Canada Mine Cash Costs Driven by Higher Fuel, Explosives Prices, Euroz Hartleys Says

Champion Iron's (ASX:CIA) elevated June quarter cash costs at the Bloom Lake mine in Canada were driven by higher fuel prices due to the Middle East conflict as well as higher explosives prices, Euroz Hartleys said in a note on Thursday.Its concentrate production of 3.5 million wet metric tonnes from the mine was 3% ahead of the investment firm's forecast of 3.4 million wet metric tonnes, while sales volume of over 3.1 million dry metric tonnes was a 7% miss against our 3.4 million dry metric tonnes.The June quarter marked the first three months of contribution from Rana Gruber from transaction completion on April 10, reflecting less than a full quarter of operations.The investment firm retained its buy rating on Champion Iron and placed its AU$6.80 per share price target under review.

ASX:CIA

Asia14d ago

Philips' Infringement Hearing Against Quectel Wireless Solutions Set in August; Quectel Shares Dip 8%

Quectel Wireless Solutions (SHA:603236) said Koninklijke Philip's infringement suit against the company is still ongoing, with a trial being scheduled on Aug. 24, according to a Shanghai bourse filing on Thursday.The Chinese wireless communications device manufacturer is among multiple companies named in Philips' suit, with the Dutch medical electronics company alleging Quectel infringed four U.S. patents.The court of the District of Delaware denied Quectel's motions to determine that it did not infringe U.S. patents after approving Philips' amended complaint in March.Quectel's shares dropped 8% during the midday trade.

SHA:603236

Asia14d ago

CSC Holdings to Raise Up to SG$3 Million Via Digital Securities

CSC Holdings (SGX:C06) is looking to raise up to SG$3 million through the issuance of a six-month commercial paper in digital securities, according to a Wednesday filing with the Singapore Exchange.The company priced the issuance at an interest rate of 4.50%, with the securities offered under its SDAX CP Facility Program.

SGX:C06

Asia14d ago

EGP Energy Unit Bags SG$1 Million Transmission, Distribution Project

EGP Energy (SGX:EGX) unit EGP Smart Energy has secured a transmission and distribution project worth about SG$1.1 million to supply a 66 kilovolt switchgear for a battery energy storage system in Singapore.The project is expected to be completed by the first quarter of 2027, according to a Wednesday Singapore Exchange filing.The customer is a Singapore-based engineering company providing mechanical and electrical engineering services, technical manpower and equipment sourcing.The contract lifts EGP Energy's order book to SG$302.4 million, with projects scheduled for progressive completion through 2031.

SGX:EGX

Asia14d ago

ASE Technology Arm to Acquire Software Assets from Advantest Taiwan

ASE Test, a subsidiary of ASE Technology Holding Co (TPE:3711), agreed to acquire software assets from AdvantestTaiwan for NT$477.2 million, according to a Wednesday filing to the Taiwan stock exchange.The acquisition is intended to support the company's production and operations.

TPE:3711

Asia14d ago

AMP Bank Launches Investment Property Loan With Up to 40-Year Term

AMP's (ASX:AMP) AMP Bank launched Equity Flex, an investment property loan offering a term of up to 40 years with an interest-only structure for up to 10 years without reassessment, according to a Thursday statement.The new offering comes amid ongoing cost of living pressures, and as investors reassess their management of cash flow following the recent changes to negative gearing and capital gains tax, the bank said.Under the federal budget's proposed changes, existing property market investors retain their current tax arrangements while future buyers of established properties will face tighter rules from July 2027. This will make cash flow management and repayment flexibility increasingly important factors in investment decisions, AMP said.The company's shares fell 1% in recent Thursday trade.

ASX:AMP

Treasury14d ago

Tianneng Battery Raises 660 Million Yuan in Bond Issue

Tianneng Battery (SHA:688819) raised 660 million yuan through the issuance of three-year science and technology innovation corporate bonds carrying a coupon rate of 1.78%.This issue comprises the third tranche of the battery maker's registered quota of up to 2 billion yuan in 2026, according to a Wednesday after-market filing with the Shanghai bourse.

SHA:688819

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