PRE-MARKET AUSTRALIAN AND SOUTH KOREAN STOCKS NEWS: IDP Education (IEL AT) rejected two takeover offers from Blackstone, including a second bid valuing the Co. at AUD 696mln

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PRE-MARKET AUSTRALIAN AND SOUTH KOREAN STOCKS NEWS: IDP Education (IEL AT) rejected two takeover offers from Blackstone, including a second bid valuing the Co. at AUD 696mln

US US Envoy Witkoff says mediators will continue their work and he hopes talks will be constructive and promising, while he confirms he engaged in lengthy talks with the delegation from Iran

Iranian state media noted Iran's Foreign Minister Araghc met with US envoy Witkoff at the UN General Assembly, with Tehran saying that the talk centered on its conditions for reopening the Strait of Hormuz

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AUSTRALIA

Capricorn Metals (CMM AT) - Co. completed the Karlawinda Expansion Project, with the new plant reaching its targeted 6.5mln tonnes per annum throughput on schedule. (Motley Fool)

IDP Education (IEL AT) - Co. rejected two takeover offers from Blackstone, including a second bid valuing the Co. at AUD 696mln. (The Australian)

Iluka Resources (ILU AT) - Co. Nonexecutive Director Peter Smith will retire effective September 23 and is considering the appointment of a new nonexecutive director. (Dow Jones Newsplus)

Macquarie Group (MQG AT) - Co. secured AUD 1.45bln through a bond issue that generated AUD 3bln in investor demand. (The Australian)

Myer Holdings (MYR AT) - Co. FY (AUD) net loss 276.5mln (prev. loss 211mln Y/Y), rev. rose 11.3% Y/Y to AUD 4.1bln, final dividend nil. (Capital Brief)

Nufarm (NUF AT) - Co. expects FY26 underlying EBITDA to rise about 25% Y/Y to AUD 370-380mln, leverage to decline to roughly 2.0x and Seed Technologies to deliver strong underlying EBITDA growth; strategy refresh is progressing to plan, with AUD 50mln in run-rate cost savings targeted by end-FY27 and FY26 post-tax material items of AUD 90-110mln related to the strategy refresh and cost-reduction programme. (Dow Jones Newsplus)

REA Group (REA AT) - Co. appointed former AMP Bank CEO Sally Bruce as an independent nonexecutive director, effective November 2. (Dow Jones Newsplus)

Tuas (TUA AT) - Co. FY26 (SGD) EBITDA rose 22% Y/Y to 83.7mln, rev. rose 24% Y/Y to 187.6mln. (Motley Fool)

SOUTH KOREA

Samsung Electronics (005930 KS) - Kiwoom Securities said the Co.’s Q3 operating profit is likely to fall short of earlier expectations, citing a faster-than-expected decline in USD/KRW and a smaller-than-expected increase in commodity DRAM prices. (ChosunBiz)

Geopolitical

South Korea is seeking multilateral talks to formally end the Korean War and supports a phased approach to North Korean denuclearisation, beginning with a halt to nuclear and missile advances, followed by reductions and ultimately denuclearisation. (ChosunBiz)

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