PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCK NEWS: Genesis places rival bid for Vault, Toyota Motor sells down its Archion shares, South Korea announces further AI investment

Australia

Airlines - Flight delays at the Sydney airport have continued due to continuing air traffic control staff shortage, with workers calling in sick. (AFR)

Aristocrat Leisure (ALL AT) - Co. CEO Trevor Croker said AI is accelerating games production, though humans remain critical to creative work. (AFR) 

Atlas Arteria (ALX AT) - IFM Investors has secured over 60% ownership of Atlas Arteria, with IFM expected to announce on Monday that investors holding a total above 60% have accepted the Co.’s offer of AUD 5.10/shr in cash. (AFR)

Capricorn Metals (CMM AT) - Co. reports Q4 Karliawinda gold project at 30,437oz and FY26 at 123,589oz, at the upper end of its FY guidance. (Capricorn Metals)

Endeavour Group (EDV AT) - Co. appointed agents to sell Oakridge Wines in Victoria and South Australian properties including Chapel Hill as part of its vineyard sale strategy. (AFR)

Genesis Minerals (GMD AT), Vault Minerals (VAU AT) - Co. makes an AUD 5.6bln bid to buy Vault Minerals. The board determines that its offer is superior to the Regis deal and that Regis has 5 business days to match or beat its proposal. (Genesis Minerals)

Greatland Resources (GGP AT) - Co. reports FY gold production at 328,986oz, beating its guidance. (Greatland Resources)

oOh!media (OML AT) - Co. bidders have been asked to submit an update on value by July 10th after completing phase-one due diligence. (AFR)

Regis Resources (RRL AT) - Co. reports Q4 gold output at 101,500oz, +12% Q/Q. FY26 gold output at 379,000oz, at the top end of its guidance range. Expects FY26 all-in sustaining costs toward the top end of its guidance. (Regis Resources)

Talga Group (TLG AT) - Co. signs a non-binding letter of intent with Mitsubishi Chemical (4188 JT), targeting September for a conditional supply terms sheet. (Newswires)

Treasury Wine Estates (TWE AT) - Co. appointed Colliers to sell Markaranka Vineyard in the Riverland. (AFR)

South32 (S32 AT) downgraded to Hold from Accumulate at Morgans

Other News:

  • Australian PM Albanese is to sign a new security agreement with Fiji on Monday, while also finalising a deal to export uranium to India, The Australian reported.

Japan

Kioxia (285A JT) - Co. has begun shipping sample next-gen semiconductor memory products, with plans to begin mass production after assessing market trends over the next year. (Jiji Press)

Minebea Mitsumi (6479 JT) - Co. will invest JPY 58bln to expand production of precision bearings used in cooling equipment and storage devices for artificial intelligence data centres. (Nikkei) 

Mitsubishi Heavy Industries (7011 JT) - Co, alongside BAE Systems (BA/ LN) and Leonardo (LDO IM), has been awarded a contract worth USD 6.14bln to develop a new stealth fighter jet as part of the Global Combat Air Program (GCAP). (Newswires)

Sharp (6753 JT) - Co. aims to generate JPY 200-300bln in sales from new businesses launched in collaboration with parent company Hon Hai Precision Industry. (Jiji Press) 

Toyota Motor (7293 JT) - Co. and Daimler Truck (DTG GY) is to reportedly sell down its shares worth between JPY 200-300bln in Archion, Nikkei reports. (Nikkei)

Other News:

  • Japan’s financial watchdog has reportedly begun investigating whether shareholders are providing enough information about their intentions when they report large positions in listed companies, the Nikkei reports.

South Korea

GS Group (078930 KS) - Co. plans to build a 1.2GW data centre by 2028 and complete an additional 1.2GW in 2029 in Gangwon Province, totaling KRW 30tln. (ChosunBiz) 

Hanwha Aerospace (012450 KS) - Co. said Hanwha Group will invest KRW 55trln in aerospace and artificial intelligence sectors by 2040 to develop launch vehicles, satellites and AI data centres. (Yonhap)

HD Hyundai Heavy Industries (329180 KS) - Co. will return an average of about KRW 7mln per person in meal costs deducted from foreign workers’ pay and provide free company meals to foreign workers. (ChosunBiz) 

Hyundai Motor (005380 KS), SK Telecom (017670 KS), Samsung Electronics (005930 KS), SK Hynix (000660 KS), LG Group (003550 KS)  - South Korea’s Finance Ministry announces that conglomerates will invest a total of KRW 312tln in the southeast region for AI and small modular reactors.  (Yonhap)

LG Chem (051910 KS) - Co. says it will supply semiconductor strippers in mass production to Amkor (AMKR). (ChosunBiz)

Samsung Electronics (005930 KS) - Samsung Foundry is reportedly in talks with Meta (META) on mass production of next-gen ASIC worth over KRW 10tln, according to sedaily. In other news, the Co. is reported planning to tighten requirements for its employee housing loan programme for workers without homes by restricting support to smaller residences, Yonhap reports. (sedaily/Yonhap)

SK Hynix (000660 KS) - Co. is reportedly considering paying c. 0.5% of the proceeds from its US listing to banks working on the deal, Bloomberg reports. (Bloomberg)

Other News:

  • The South Korean Presidential Chief of Staff says the Co. will launch a new fund dedicated to securing future growth engines using tax revenue from its chip industry. (Yonhap)
  • The BoK warned to the People Power Party lawmaker Park Sung-hoon that single-stock leveraged ETFs tied to Samsung Electronics (005930 KS) and SK Hynix (000660 KS) could deepen market concentration, amplify volatility and intensify one-way trading flows. (Yonhap)
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