By Ian C. Sayson
April 27 (Bloomberg) -- The following companies may have unusual price changes in Asia trading, excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.
AU Optronics Corp. (2409 TT): The world’s third-largest maker of liquid-crystal displays proposed to pay a cash dividend of NT$0.30 a share and a stock dividend of 3 percent for 2008, a filing to the stock exchange showed. The stock fell 0.7 percent to NT$35.
Axiata Group Bhd. (AXIATA MK): The Malaysian mobile-phone company controlled by the government said it paid the remaining 2 billion ringgit ($558 million) owed to Telekom Malaysia Bhd. (TMK), its former parent. It had repaid 2 billion ringgit earlier to Telekom. Axiata rose 3.9 percent to 2.10 ringgit. Telekom gained 1.6 percent to 3.74 ringgit.
EVA Airways Corp. (2618 TT): Taiwan’s second-largest carrier posted its first quarterly profit in more than a year on increased flights to China and lower fuel costs. The stock was unchanged at NT$9.90.
Fubon Financial Holding Co. (2881 TT): Taiwan’s second- largest financial services company plans to raise as much as NT$30 billion ($890 million) in capital to fund long-term investment. The stock rose 3.3 percent to NT$25.40.
Hana Financial Group Inc. (086790 KS): The owner of South Korea’s fourth-biggest bank posted a wider-than-expected first- quarter loss of 325 billion won ($242 million) on rising provisions against currency-option losses and bad debts, the company said. The shares rose 3.3 percent to 22,050 won.
Hyundai Engineering & Construction Co. (000720): South Korea’s largest builder by market value said profit in the first quarter rose 18 percent 117.9 billion won after a weaker won increased the value of overseas contracts. The stock fell 2.5 percent to 58,700 won.
ICICI Bank Ltd. (ICICIBC IN): India’s second-largest bank by assets reported the steepest quarterly fall in profit in more than six months, as it set aside more funds for bad debt and curbed loans to avoid defaults. Net income fell 35 percent to 7.44 billion rupees ($149 million) in the three months ended March 31, from a year earlier. The stock gained 2.3 percent to 434.1 rupees.
Li Ning Co. (2331 HK): A shareholder in the Chinese sports clothing maker was seeking as much as HK$486.4 million ($63 million) from a sale of 32 million shares at HK$14.50 to HK$15.20 apiece, according to an e-mail from the sale’s arranger, CLSA Ltd. The stock climbed 2.1 percent to HK$15.76.
MAA Holdings Bhd. (MAA MK): The Malaysian insurer said it revised the sale price of its Malaysian Assurance Alliance unit to AmG Insurance Bhd. to 254.8 million ringgit ($71 million). The company didn’t disclose in its statement the former sale price. MAA rose 19 percent to 63.5 sen.
Pepsi Products Philippines Inc. (PIP PM): The nation’s second-largest maker of soft drinks said it’s not aware of a plan by PepsiCo Inc. or its subsidiaries to buy more shares in the company. The stock was unchanged at 1.08 pesos.
Sime Darby Bhd. (SIME MK): Malaysia’s biggest producer of palm oil may buy a stake in oil and gas services provider Ramunia Holdings Bhd., the Edge weekly reported, citing people it didn’t identify. Sime added 3.1 percent to 6.65 ringgit.
SM Investments Corp. (SM PM): The investment holding company said in a filing the Philippine Ratings Services Corp. gave its highest rating for SM’s planned sale of up to 10 billion pesos ($206 million) in bonds. The shares rose 3.5 percent to 236 pesos.
United Microelectronics Corp. (2303 TT): Taiwan Memory Co., a state-led venture, may partner with United Microelectronics Corp. to research and develop computer-memory chips, the Commercial Times reported, citing industry people it didn’t identify. United Microelectronics fell 2.4 percent to NT$12.25.
United Phosphorus Ltd. (UNTP IN): The Indian maker of agrochemicals and pesticides said profit surged 73 percent to 4.85 billion rupees ($97 million) in the year ended March 31. The stock rose 4.1 percent to 127.5 rupees.
WCT Bhd. (WCT MK): The Employees Provident Fund, Malaysia’s biggest pension fund, bought 2.3 million shares in WCT, the country’s fourth-largest builder, lifting its stake to 24.4 percent, a stock exchange filing showed. WCT gained 0.6 percent to 1.59 ringgit.
Yanzhou Coal Mining Co. (1171 HK): The coal producer said profit rose 101 percent to 6.5 billion yuan ($952 million) last year, China Securities Journal reported on its Web site April 24. The stock rose 1.3 percent to HK$7.56.
To contact the reporter on this story: Ian C. Sayson in Manila at isayson@bloomberg.net
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