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RT Pastry Slated to List on Bursa Malaysia on June 29

RT Pastry (KLSE:RT) will list on the ACE Market of Bursa Malaysia on June 29 under the stock code 0461 and ticker RT, according to a Thursday Bursa Malaysia filing.Following the initial public offering, the company will have an enlarged issued share capital of 339 million shares, with a total issued share capital of 17 million ringgit.RT Pastry will be classified under the Consumer Products & Services sector and the Food & Beverages subsector, the filing said.

KLSE:RT

Asia38d ago

SK Hynix Eyes to Raise KRW45.5 Trillion Through Nasdaq Listing; Shares Decline 9%

SK Hynix (KRX:000660) plans to raise 45.5 trillion won through the issuance of 17.8 million new depositary receipts (DRs) on the Nasdaq Global Select Market on July 10, according to a Friday filing with the Korea Exchange by parent SK Square (KRX:402340).The issue price per DR is 255,500 won, with a conversion ratio of 0.1 share per DR.The proceeds will be used to fund the construction of the first fabrication facility within the Yongin Semiconductor Cluster, the Cheongju P&T7 Advanced Packaging fabrication facility, and to secure machinery and equipment, the filing said.Shares of SK Hynix fell nearly 9% in recent trade, while those of SK Square declined over 13%.

KRX:000660KRX:402340

Asia38d ago

GF Securities' 5 Billion Yuan Bond Reaches Maturity; Hong Kong Shares Slide 3%

GF Securities' (SHE:000776, HKG:1776) 5-billion-yuan bond issuance reached maturity and will be delisted, according to a Friday filing with the Shenzhen bourse.The 551-day bonds with a 1.8% coupon will trade for the last time on Friday before their delisting on June 29.Interest payout will depend on investor type, with non-resident enterprises and other investors getting 1,027.172602 yuan per 1,000 yuan face value, and individuals and mutual funds getting 1,021.738081 yuan per 1,000 yuan face value.Shares fell 3% in Hong Kong and 2% Shenzhen during morning trading on Friday.

HKG:1776SHE:000776

Asia38d ago

Tai Sin Electric to Form Joint Venture in Indonesia

Tai Sin Electric (SGX:500) signed a shareholder framework agreement with Elvo Energy to establish a joint venture company named Elvo Electric Indonesia, according to a Thursday filing with the Singapore Exchange.The JV will focus on the industrial electrical automation, distribution and warehousing supply chain business.Under the terms, Tai Sin's subsidiary, Lim Kim Hai Electric, and its 60% owned unit, Elmecon Multikencana, will have a 15% stake each in the new company, while Elvo will have a 70% stake.

SGX:500

Asia38d ago

Hyundai Rotem Secures KRW199 Billion Defense Contract

Hyundai Rotem (KRX:064350) signed a contract with the Defense Acquisition Program Administration for the maintenance of K-1 recovery vehicles and K-1 armored vehicle-launched bridges (AVLB), according to a Friday filing with the Korea Exchange.The deal is valid till Dec. 14, 2029, and is valued at 198.5 billion won.Shares of Hyundai Rotem plunged over 10% in recent trade.

KRX:064350

Asia38d ago

Cathay United Bank's Chairman Steps Down; Shares Fall 4%

Cathay Financial (TPE:2882) said its unit Cathay United Bank's chairman, Andrew MingJian Kuo, has resigned on Friday, according to a same-day Taiwan Exchange filing.Shares slid 4% in Friday's late morning trade.The company did not disclose the reason for Kuo's resignation or name a successor.

TPE:2882

Asia38d ago

Han's Laser Technology Industry Investing 2.52 Billion Yuan on Fiber Optic Expansion

Han's Laser Technology Industry (SHE:002008) will invest up to 2.52 billion yuan in a Zhangjiagang optical fiber and preform plant in Jiangsu, China.The move aims to boost self-sufficiency in synthetic quartz and preforms while deepening laser-fiber synergies, according to a Friday filing with the Shenzhen bourse.The two-phase project targets 60 million core-kilometers of annual capacity. Estimated construction periods are up to 12 months for the first phase and up to 24 months for the second phase.

SHE:002008

Asia38d ago

Helens International Unit Loses Appeal Over China Trademark Dispute; Shares Slip 5%

Helens International (HKG:9869) said a Beijing court invalidated three Chinese trademarks owned by an indirect wholly owned subsidiary after overturning a lower court ruling in the company's favor, according to a Thursday Hong Kong bourse filing.The court ruled that the trademarks were similar to earlier-registered trademarks owned by third parties and, therefore, invalid under China's trademark law.Helens said it is seeking legal advice and will consider all available measures to protect its interests. The company added that the dispute has no material impact on its business, operations, or financial position.Hong Kong-listed shares of the bar operator were down over 5% in Friday morning trade.

HKG:9869SGX:HLS

Asia38d ago

ZGC Sci-tech Enters Leaseback Arrangement Over Power Generation Facilities

Zhongguancun Science-Tech Leasing (HKG:1601) said it entered into two sale and leaseback agreements with Shandong Xuguo Energy, according to a Hong Kong bourse filing Thursday.In both deals, the company will separately acquire power generation facilities for 45 million yuan and lease them back to Shandong Xuguo Energy for 47 million yuan.The lease agreements will last for a year.

HKG:1601

Asia38d ago

Serial Achieva Bags Data Center Project in Malaysia

Serial Achieva (SGX:XHV) secured a co-location services contract in Malaysia, to provide data center capacity and related facilities to a local cloud services provider, according to a Thursday filing with the Singapore Exchange.The contract is valued at around 17.8 million ringgit and has a three-year initial term.Shares of the consumer and enterprise IT products company were up nearly 2% in Friday trading.

SGX:XHV

Asia38d ago

Singapore's MAS, Banks to Upgrade PayNow Infrastructure

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) will upgrade the city-state's national instant payments infrastructure, expanding PayNow capabilities to support interoperable QR codes and AI-driven commerce.Announced by MAS Chairman Gan Kim Yong at the ABS annual dinner on Thursday, the "PayNow Generation 2" blueprint outlines four priority enhancement areas including a pilot to enable full interoperability between PayNow and NETS QR codes, alongside smoother online checkouts via deep-linking.The payment capabilities will also aim to provide support for emerging business needs and to allow larger-value public sector PayNow transactions for government agencies.

^STI

Asia38d ago

Market Chatter: China Oilseed Processors Await Australia Canola Imports on Hopes of Trade Deal

Chinese oilseed processors have inquired about Australian canola cargoes for delivery in the fourth quarter in anticipation of a trade deal that has blocked supplies, Bloomberg reported Thursday, citing traders who sought anonymity.China and Australia have suspended canola trading since 2020 due to sanitation concerns, but Cofco International restarted shipping on a trial basis in 2025, the report said.More oilseed crushers are seeking approval for Australian canola imports, the report said.Cofco 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.)

ASX 200Shanghai Composite^SZSE

Asia38d ago

Baiwang Signs AI Data Services Partnership With Ant Blockchain; Shares Up 9%

Baiwang (HKG:6657) entered into a cooperation agreement with Ant Blockchain Technology to jointly develop enterprise data intelligence services, according to a Thursday Hong Kong bourse filing.The companies will collaborate on enterprise risk identification, transaction analysis, credit decision support, and other AI-powered data intelligence services.The one-year agreement aims to expand the application of Baiwang's "Data+AI" capabilities and support its transition from a tax and finance services provider to a data intelligence platform, the company said.Shares of the firm were up over 9% in Friday morning trade.

HKG:6657

Asia38d ago

CATL Lists 2 Billion Yuan Tech Bonds in Shenzhen; Shares Fall 6%

Contemporary Amperex Technology (SHE:300750, HKG:3750), or CATL, on Friday listed 2 billion yuan in tech innovation corporate bonds due in June 2031 on the Shenzhen Stock Exchange.The bonds carry a coupon rate of 1.49% and feature a three-plus-two-year tenor, according to a Thursday filing on the Shenzhen bourse.Shares of the battery maker fell over 5% in Hong Kong and 3% in Shenzhen recently.

HKG:3750SHE:300750

Asia38d ago

BenQ BM Replaces Subsidiary's CEO

BenQ BM (HKG:2581) said it appointed Lo Tsui-Ling as chief executive of its wholly-owned subsidiary Nanjing BenQ Medical Center, according to a Thursday filing with the Hong Kong bourse.Lo replaces Hsiao Tze-Jung on July 1, and the latter will remain as an executive director of the subsidiary.Before the appointment, Lo was deputy CEO and vice president of Nanjing BenQ Medical Center.

HKG:2581

Asia38d ago

Monetary Authority of Singapore Aims to Fast-Track Retail Fund Approvals

The Monetary Authority of Singapore (MAS) will seek consultation on creating a new pathway that brings non-traditional retail funds to market faster, according to a speech by Chairman Gan Kim Yong at an annual dinner on Thursday.Under the proposed framework, MAS is looking to determine the necessary guardrails for new fund types within three months, offering a faster processing time.Funds seeking to qualify for the accelerated pathway would require to have underlying assets based on publicly traded securities and financial derivatives.The update is part of Singapore's prospects as a financial connector, which also includes the launch of the Future of Finance Institute for AI deployment in financial services and other initiatives.

^STI

International38d ago

Market Chatter: Japan to Launch Multi-Year Budget Framework Next Fiscal Year

Japan will introduce a multi-year budget framework next fiscal year to fund strategic initiatives, including economic security and crisis preparedness, Bloomberg reported Friday citing a government document.Finance Minister Satsuki Katayama outlined the proposal to a government panel on Thursday. The framework will plan spending over several years, funded by taxes, savings, and bonds, while keeping the debt-to-GDP ratio on a downward trajectory, the report said.The move follows the government's pledge to mobilize 370 trillion yen in public-private investment through 2040 in AI and semiconductors, signaling a shift to long-term fiscal strategy, the report 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.)

Nikkei 225

Asia38d ago

Biokin Pharma Enrolls First Subject for Phase III Trial for Iza-Bren As Lung Cancer Treatment; Shares Down 5%

Sichuan Biokin Pharmaceutical (SHA:688506) enrolled the first subject in its Phase III clinical trial for BL-B01D1/iza-bren as a treatment for extensive-stage small cell lung cancer, according to a Shanghai bourse filing on Friday.The drug is being tested in combination with a PD-1 monoclonal antibody versus platinum-based chemotherapy in combination with a PD-1 monoclonal antibody.The pharmaceutical company's shares dropped 5% during the morning trade.

SHA:688506

Asia38d ago

Market Chatter: Samsung Group to Invest KRW1,000 Trillion in Korea; Samsung Elec Shares Decline 7%, Samsung SDI Fall 5%

Samsung Group plans to invest 1,000 trillion won in South Korea over a period of 10 years, details of which will be announced on Monday at a meeting with President Lee Jae Myung at the presidential office, Reuters reported Friday, citing a Maeil Business Newspaper report that did not cite sources.The investment could potentially include 300 trillion won for the construction of chip factories in the southwest of the country, the report said.The investment will be used to build AI data centers, ⁠develop batteries and displays, according to Maeil Business as cited by Reuters.Samsung Group comprises chip giant Samsung Electronics (KRX:005930), battery maker Samsung SDI (KRX:006400), and IT services firm Samsung SDS (KRX:018260), among others.Samsung did not immediately reply to' request for comment.Shares of Samsung Electronics fell nearly 7% while those of Samsung SDI declined nearly 5%.(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.)

KRX:005930KRX:006400KRX:018260

Asia38d ago

Stamford Tyres Reports Higher Attributable Profit in Fiscal H2

Stamford Tyres' (SGX:S29) attributable profit to equity holders in the fiscal second half ended April 30 rose to SG$879,000 from SG$520,000 a year earlier, according to a Thursday filing with the Singapore Exchange.Earnings per share came in at SG$0.0037, compared with SG$0.0022 in the year-ago period.Revenue jumped year over year to SG$86.9 million from SG$93.2 million.The tire manufacturer declared a final dividend of SG$0.01 per share for the period, unchanged from a year earlier.

SGX:S29

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