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)