China Aluminum Cans Holdings to Issue 49.8 Mln Shares at HK$2.41 Per Share 

China Aluminum Cans Holdings Ltd. said Tuesday it will issue 49.8 million shares at HK$2.41 per share to help fund its acquisition of an aerosol-products maker. (published 0232 GMT)

 
 
China Mining Resources Group to Buy Gold Mine Operator for HK$450 Mln 

China Mining Resources Group Ltd. said Monday that it will buy a firm that is in the process of acquiring a 90% stake in a gold mine operator, for 450 million Hong Kong dollars . (published 0113 GMT)

 
 
Mylan Rejects Teva's Unsolicited $40 Billion Bid--4th Update 

Mylan NV Executive Chairman Robert Coury on Monday issued a stinging rebuke of Teva Pharmaceutical Industries Ltd.'s unsolicited bid, using terms harsh even for the sharp-elbowed world of deal making to explain why the generic-drug maker's board rejected the $40 billion deal. (published 0134 GMT)

 
 
China Galaxy Securities to Issue 2 Billion New Shares in Hong Kong 

China Galaxy Securities Co. said before trading hours Monday that it will issue 2 billion new Hong Kong-listed shares at HK$11.99 per share. (published 0036 GMT)

 
 
Startup Intarcia Raises $225 Million 

Intarcia Therapeutics Inc. said it raised $225 million in the latest in a series of financings to support development of its implantable drug-delivery pump for patients with diabetes. (published 0200 GMT)

 
 
Best Buy to Accept Apple Pay, Complicating Picture for MCX 

Best Buy Co. said it would join the growing list of retailers accepting Apple Pay this year, undercutting a merchant-led group that had hoped to beat Apple with its own mobile-payment system. (published 0000 GMT)

 
 
China Molybdenum: 1Q Net Profit Down 19.3% on Year to CNY304.5 Mln 

China Molybdenum Co. Ltd. said after trading hours Monday its net profit for the three months ended March declined by 19.3% from a year earlier to 304.5 million yuan from CNY377.3 million. (published 0025 GMT)

 
 
ABC Communications (Holdings) to Buy 7 Floors of a Hong Kong Building for HK$297.2 Mln 

ABC Communications Ltd. said Tuesday it will buy several companies that own seven floors in a Hong Kong building for 297.2 million Hong Kong dollars . (published 0145 GMT)

 
 
BYD: 1Q Net Profit CNY120.9 Million Vs. CNY12.0 Million 

BYD Co. Ltd. said after trading hours Monday that its net profit for the three months ended March surged ahead to hit 120.9 million yuan, compared to CNY12.0 million for the three corresponding months a year ago. (published 0015 GMT)

 
 
BYD Electronic (International): Ke Li Resigns as CEO Effective Immediately 

BYD Electronic Co. Ltd. said after trading hours Monday that Ke Li has resigned as chief executive of the components manufacturer and that Nianqiang Wang has been named as CEO in her place. (published 0012 GMT)

 
 
China Shipping Container Lines: 1Q Net Profit CNY249M; Up 306% On Year 

China Shipping Container Lines Co. Ltd., the nation's second-largest shipping operator, said Monday that its net profit for the first quarter surged by 306% year-over-year, thanks to an increase in operating profit. (published 0019 GMT)

 
 
Comtec Solar Systems Group Expects to Swing to Net Loss Jan-March 

Comtec Solar Systems Group Ltd. said Tuesday it expects to swing to a net loss of 11.6 million yuan for the three months ended March due to a lower gross profit margin and expenses on its Malaysian plant, which is in the process of ramping up operations. (published 0028 GMT)

 
 
RHB Capital Rises as Much as 0.5% on Appointment of New Chief Executive 

Shares in RHB Capital Bhd. gained as much as 0.5% on Tuesday, after Malaysia's fourth-largest bank by assets said late Monday it has appointed Khairussaleh Ramli as its chief executive and group managing director. (published 0218 GMT)

 
 
Tenaga Nasional Rises 1.4% After 2Q Net Profit Increases 

Shares in Malaysia's state-controlled power producer Tenaga Nasional Bhd rose as much as 1.4% in a Kuala Lumpur market on Tuesday on the back of surge in net profit in the fiscal second quarter. (published 0148 GMT)