June 24 (Bloomberg) -- The following companies may have unusual price changes today in Asian trading, excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.
AirAsia Bhd. (AIRA MK): Airbus SAS won 200 orders for its A320neo single-aisle model from Malaysian discount carrier AirAsia in an $18 billion contract that’s the biggest in the European company’s history by plane numbers, the Toulouse, France-based manufacturer said at the Paris Air Show. AirAsia was unchanged at 3.16 ringgit.
Beijing Enterprises Water Group Ltd. (371 HK): The company plans to sell yuan-denominated bonds in Hong Kong as soon as this week, according to a person familiar with the matter. Beijing Enterprises, which develops water-treatment systems, plans to offer three-year so-called dim sim bonds priced to yield about 3.75 percent and five-year notes yielding about 5 percent, said the person, who asked not to be identified as the details are private. The stock was unchanged at HK$2.01.
CapitaLand Ltd. (CAPL SP): Southeast Asia’s biggest developer appointed Arthur Lang as chief financial officer, according to a statement to the Singapore exchange. Singapore- based CapitaLand climbed 0.7 percent to S$2.82.
Ping An Insurance Group Co. (2318 HK): Billionaire Cheng Yu-tung bought 272 million shares in Ping An Insurance, China’s second-largest insurer by market value, at an average price of HK$71.50 apiece on June 17, according to a disclosure filing to the Hong Kong stock exchange. Ping An Insurance declined 0.9 percent to HK$75.70.
First Financial Holding Co. (2892 TT): The company’s unit, First Commercial Bank Co., signed a cooperation agreement with China’s Industrial and Commercial Bank of China Ltd. (601398 CH), First Financial said in a statement to the Taiwan stock exchange. First Financial, a Taipei-based financial services company, slid 0.4 percent to NT$23.35. ICBC, the world’s largest lender by market value, rose 1.2 percent to 4.38 yuan.
HTC Corp. (2498 TT): Gemalto NV, the world’s biggest maker of smart cards, and oilfield-services company Schlumberger Ltd. were sued in the U.K. by HTC, which claimed that five of their European patents are invalid. HTC, the world’s largest maker of mobile phones that use Google Inc.’s Android operating system, seeks an order from the High Court in London revoking the patents because they aren’t inventive, according to a complaint filed April 11 and made public June 22. HTC rose 1.4 percent to NT$1,090.
Hynix Semiconductor Inc. (000660 KS): Hynix shareholders may attract at least two bidders for the sale of a controlling stake in the company, the Seoul Economic Daily reported, citing an unidentified official at one of the shareholders. Hynix, the world’s second-largest maker of computer-memory chips, gained 1 percent to 26,350 won.
Jaya Tiasa Holdings Bhd. (JT MK): The Malaysian timber producer and oil palm planter’s net income in the fourth quarter ended April 30 surged six-fold from a year earlier to 54.5 million ringgit ($17.9 million) on higher selling prices. Jaya fell 0.1 percent to 7.10 ringgit.
Joyce Boutique Holdings Ltd. (647 HK): The Hong Kong-based retailer posted a profit of HK$132.7 million ($17 million) for the year ended March 31, compared with HK$35.2 million from a year earlier, according to a statement to the Hong Kong stock exchange. The stock was unchanged at HK$1.
LG Electronics Inc. (066570 KS): The company’s Indian unit expects revenue of 200 billion rupees ($4.45 billion) this year, compared with 160 billion rupees last year, Yasho Verma, chief operating officer of the local unit, said in Hyderabad. LG, South Korea’s second-largest electronics maker, lost 0.6 percent to 80,900 won.
Malaysia Steel Works (KL) Bhd. (MSW MK): The steelmaker plans to invest 100 million ringgit in a new rolling mill to tap rising demand for steel products, according to a company statement. Malaysia Steel is pursuing steel contracts valued at 1 billion ringgit, it said. The shares gained 0.8 percent to 1.20 ringgit.
Samsung Electronics Co. (005930 KS): The world’s second- biggest maker of mobile phones by sales will acquire an additional stake in Secron Co. from Towa Corp. for 8.7 billion won ($8.1 million), according to a statement from Towa to the Tokyo Stock Exchange. Samsung climbed 0.6 percent to 831,000 won.
Uni-President Enterprises Corp. (1216 TT): The Taiwanese maker of instant noodles and dairy products plans to sell stakes in three Chinese ventures to Carrefour China Holdings B.V. for 110 million yuan ($17 million), it said in a statement to the stock exchange. Uni-President slipped 0.3 percent to NT$40.
--With assistance from Chan Tien Hin in Kuala Lumpur. Editor: John McCluskey.
To contact the reporter on this story: Berni Moestafa in Jakarta at firstname.lastname@example.org
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