Euroasia Total Logistics (BKK:ETL) said its chief executive officer, Pornchai Daungkeowuttikri, has resigned, effective July 1, due to health reasons.
The company has put in place a succession plan to ensure business continuity and limit operational disruption following the leadership change, according to a Tuesday Thailand Exchange filing.
The board will appoint a successor by June 30, it said.
Far East Smarter Energy (SHA:600869) and its subsidiaries won contracts of about 1.80 billion yuan in May.China's State Grid accounted for 484 million yuan of the total, while strategic customers contributed 1.31 billion yuan, according to a Tuesday filing with the Shanghai bourse.Shares of the wire and cable manufacturer rose 10% in recent trade.
Samsung Electronics (KRX:005930) is considering moving its US headquarters from New Jersey to Texas, Yonhap News Agency reported Monday, citing industry sources.The electronics company has already notified employee of the decision, with an unnamed company official confirming workforce allocation plans, according to the report.The move is seen as the company taking advantage of favorable tax policies and lower real estate costs in Texas, the news outlet reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Megaworld (PSE:MEG) posted 29.7 billion Philippine pesos in reservation sales in the first quarter, up 10.4% from a year earlier.The group attributed the jump to steady demand for residential projects in Metro Manila and provincial areas, according to a Tuesday Philippine Exchange filing.Megaworld Corp. remained the main contributor, accounting for about 71% of total sales, or roughly 21.2 billion pesos.The group said the performance reflects continued demand despite broader industry challenges.