Financial News · Live Terminal

Page 950 of 3298

Advanced Systems Automation Issues New Shares on Warrant Exercise

Advanced Systems Automation (SGX:WJ9) allotted and issued 22 new shares pursuant to the exercise of warrants, according to a Friday filing with the Singapore Exchange.Following the issue of the new shares, the share capital has increased to 1.71 billion shares.The new shares were listed and quoted on the same day.

SGX:WJ9

Asia38d ago

Pico Far East's Fiscal H1 Profit Falls 2%

Pico Far East (HKG:0752) recorded HK$207.9 million in attributable profit for the fiscal first half ended April 30, down 2.1% from HK$212.3 million a year earlier, according to a Hong Kong bourse filing Friday.Earnings per share were HK$0.1640, compared with HK$0.1703 in the prior year period.Revenue for the period fell nearly 4% year on year to HK$3.35 billion, figures showed.The firm also declared an interim dividend of HK$0.055, payable July 24 to shareholders of record on July 17.

HKG:0752

Asia38d ago

Humanwell Healthcare Unit Gets China Nod for Esketamine Drug Trial

Humanwell Healthcare (SHA:600079) 80%-owned unit Yichang Renfu obtained the approval of China's drug regulator to conduct clinical trials for esketamine hydrochloride buccal mucosal solution.Under the trials, the drug will be tested for treating adult depression with acute suicidal ideation, according to a Friday filing on the Shanghai bourse.Shares of the pharmaceutical company declined 1% in recent trade.

SHA:600079

Equities38d ago

Vantage Drilling International Nears Merger Completion with Eldorado Drilling Unit

Vantage Drilling International (VDI.OL) said Thursday it expects all conditions for its planned merger with a wholly owned subsidiary of Eldorado Drilling to be met by Friday.Upon completion, Vantage Drilling will become a wholly owned subsidiary of fellow Norwegian offshore drilling company Eldorado Drilling, and its shareholders will receive $19 per share in cash consideration.Vantage Drilling requested suspension of its shares on the Oslo stock exchange, effective June 29, to facilitate the settlement of the consideration.

$VDI.OL

Asia38d ago

Apollo Minerals Says Euronext Growth Paris Exchange Share Listing Approved, Shares Jump 4%

Apollo Minerals (ASX:AON) said Euronext formally approved the admission of the firm's ordinary shares to the Euronext Growth Paris Exchange, according to a Friday Australian bourse filing.Trading in the firm's shares on the European exchange will occur under the ticker ALAON. Its existing listing on the Australian Securities Exchange remains unchanged and is unaffected by the cross listing on Euronext Growth Paris, with no new equity being raised and no new shares being issued.The firm's shares will be fully transferable between the ASX and Euronext Growth Paris.Its shares jumped 4% in recent trading on Friday.

ASX:AON

Asia38d ago

Market Chatter: Tokyo's Used Condominiums Market Shows Signs of Slowing

The prices of used condominiums in central Tokyo are showing signs of slowing as inventories rise and sellers cut the asking prices, The Asahi Shimbun reported Friday, citing Tokyo Kantei Co. data.The share of listed properties that saw price cuts over the last three months rose to 49.1% from 34% a year earlier, according to the report, with the average markdown standing at 6.1%, the steepest reduction recorded in the past decade.(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.)

Nikkei 225

Asia38d ago

GSH Corp. Raises SG$80 Million via Digital Securities; Shares Up 4%

GSH (SGX:BDX) raised SG$80 million in gross proceeds via an issuance of digital securities on the SDAX platform, according to a Thursday filing with the Singapore Exchange.Shares of the company were up nearly 4% in Friday trading.

SGX:BDX

International38d ago

Singapore's Manufacturing Output Growth Slows in May

Singapore's manufacturing output increased 13% year on year in May, slowing from a revised 16.5% increase a month prior, according to data released by the Singapore Economic Development Board Friday.The growth missed the Trading Economics consensus forecast of a 17% rise.Manufacturing output fell 0.7% on a month-on-month basis, reversing the 6.2% expansion previously. It also missed the Trading Economics consensus forecast of a 2% growth.

^STI

Asia38d ago

Compeq Manufacturing's Thai Unit Buys Machinery Equipment for NT$763 Million; Shares Drop 4%

Compeq Manufacturing (TPE:2313) unit Compeq (Thailand) acquired a batch of machinery and equipment for NT$763 million, according to a Thursday Taiwan Exchange filing.Shares slid nearly 4% in Friday's afternoon trade.The assets were purchased from affiliated company Pelican Cove Investment between May 11 and June 25.The machinery and equipment will be used for production, the company said.

TPE:2313

Asia38d ago

China Nuclear Engineering to Raise up to 4 Billion Yuan From Share Placement; Shares Down 3%

China Nuclear Engineering (SHA:601611) plans to raise gross proceeds of up to 4 billion yuan through a private share placement, according to a Shanghai bourse filing on Friday.Proceeds from the issuance will be used for the construction of facilities of the Phase I of the Jiangsu Xuwei Nuclear Heating and Power Plant Project and the Zhejiang Jinqimen Nuclear Power Plant. The remaining proceeds of 1.20 billion yuan will be used for debt payment.The nuclear and civil engineering company's shares fell 3% during the afternoon trade.

SHA:601611

Asia38d ago

Aurobindo Pharma Acquires 26% Stake in Swarnaakshu Solar

Aurobindo Pharma (NSE:AUROPHARMA, BOM:524804) has acquired a 26% equity stake in Swarnaakshu Solar Power through an initial investment of 5.2 million Indian rupees.The pharma company also signed a power purchase agreement to procure solar power for captive consumption, according to a Thursday stock exchange filing.The company had earlier approved an investment of up to 104 million rupees in Swarnaakshu. The remaining investment will be made in phases depending on project progress and funding needs.Shares of the company rose nearly 2% in morning trade on Friday.

BOM:524804NSE:AUROPHARMA

Asia38d ago

Chin Hin Group Property Unit Signs Joint Development Deal for MYR883 Million Project

Chin Hin Group Property (KLSE:CHGP) unit Chin Hin Property (Melawati) signed a joint development agreement with EC Properties (M) to develop a residential project in Selangor, Malaysia, according to a Thursday Malaysian bourse filing.The project will be built on two freehold parcels and will comprise 1,449 serviced apartments, with an estimated gross development value of 883 million ringgit and gross development cost of 725 million ringgit.The first phase is scheduled for launch in the second quarter of 2027, subject to approvals, while completion is expected by the third quarter of 2033.

KLSE:CHGP

Asia38d ago

Tamboran Resources Wins Favorable Federal Court Ruling for Northern Territory Gas Project; Shares Down 8%

Tamboran Resources (ASX:TBN) secured a victory in a case brought by Lock the Gate Alliance against its Northern Territory Beetaloo Basin project as the Federal Court dismissed the proceedings with costs, according to a Friday court document.Lock the Gate Alliance is a group of environment campaigners that brought forward concerns related to the water-intensive and controversial mining process called fracking.The court said it was not satisfied that Tamboran's operations constitute an unconventional gas development or that they will have a significant impact on a water resource.Lock the Gate Alliance did not immediately respond to' request for comment.Tamboran Resources' shares fell past 8% in recent Thursday trade.

ASX:TBN

Asia38d ago

Sun Pharma Advanced Research Terminates License Agreement with CMS Bridging

Sun Pharma Advanced Research Company (NSE:SPARC, BOM:532872) and CMS Bridging DMCC have mutually terminated their license agreement without providing a reason, according to a Friday filing with the Indian stock exchanges.The license agreement entails developing and commercializing multiple products, including Xelpros, Elepsia, Taclantis, PDP-716, and SDN-037, in Mainland China, Hong Kong, Macao, and Taiwan.Sun Pharma said the termination is not expected to have any material impact on the company's financial position, operations, or other activities.

BOM:532872NSE:SPARC

Asia38d ago

Yongmao Targets Over SG$4 Million Via SDAX Commercial Paper Issue

Yongmao (SGX:BKX) is aiming to raise SG$4.08 million via the launch of Series 008 of a 91-day commercial paper in digital securities on the SDAX platform, according to a Thursday filing with the Singapore Exchange.The issuance will carry an interest rate of 3.55% per annum and will mature 91 days from the issuance date.

SGX:BKX

Asia38d ago

IRay Technology Shareholders to Shed Over 2.8 Million Shares; Shares Down 7%

IRay Technology Company (SHA:688301) shareholder Hainan Heyin and director Richard Aufrichtig plan to offload up to 2.84 million shares via centralized bidding between July 17 and Oct. 16.Hainan Heyin will sell 2.8 million shares, or 0.93% of total equity, while Aufrichtig will dispose of up to 40,000 shares, or 0.02%, according to a Friday filing on the Shanghai bourse. Both cited personal capital needs for the move.Shares of the X-ray system components manufacturer were down 7% in recent trade.

SHA:688301

Asia38d ago

Market Chatter: Japan to Amend Nuclear Regulations, Review Counterterrorism Measures During Design Phase

Japan plans to amend its nuclear regulations to require review of counterterrorism measures during the design phase of the new nuclear power plants, streamlining approvals and construction, Nikkei Asia reported Friday.The Nuclear Regulation Authority has proposed changes as Japan prepares to replace up to five reactors by 2040 and 14 by 2050, with the law expected to be amended as early as 2027, the report said.Under the current regulation, the counterterrorism measure review is conducted before nuclear fuel is loaded in the nuclear facility, after construction plans have been finalized, according to the report.(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.)

Nikkei 225

Asia38d ago

Hua Nan Financial Unit Fined NT$8 Million Fine Over Internal Control Failure; Shares Down 2%

Hua Nan Financial (TPE:2880) unit Hua Nan Commercial Bank has been fined NT$8 million by Taiwan's Financial Supervisory Commission for failing to effectively implement its internal control system, according to a Thursday Taiwan Exchange filing.Shares slid 2% in Friday's late morning trade.The regulator said the bank violated provisions of Taiwan's Banking Act and rules governing internal audit and internal control systems for financial holding companies and banks.Hua Nan Commercial Bank will implement corrective measures in accordance with the regulator's instructions, the filing said.

TPE:2880

Asia38d ago

Huadong Medicine Gets Clinical Trial Approval for Cancer Drug; Shares Down 3%

Huadong Medicine (SHE:000963) obtained the approval of China's drug regulator to conduct clinical trials for HDM2017 injection combination therapy in advanced colorectal cancer.Preclinical data show the drug has efficacy across digestive tract malignancies with favorable tolerability in animal studies, according to a Friday filing on the Shenzhen bourse.Shares of the pharmaceutical company fell 3% in recent trade.

SHE:000963

Asia38d ago

Lygend Resources Expects 26% Increase in 2026 Profitability

Lygend Resources & Technology (HKG:2245) said it expects 3.62 billion yuan in attributable profit for 2026, up 26% from 2.86 billion yuan in 2025, according to a Friday filing with the Hong Kong bourse.Revenue for the year is expected to rise 40% to 56.41 billion yuan, according to the estimate.The company shared the estimates as part of a planned listing on the Shenzhen Stock Exchange.The firm filed for a proposed initial public offering of A shares earlier this year.

HKG:2245

Showing 18981-19000 of 65955