Rayence's (KRX:228850) CEO Seo Jae-jeong resigned June 1, according to a Monday South Korea bourse filing.
The maker of irradiation apparatuses named Seo Young-kwon as its CEO effective the same day.
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Heartseed Reports Positive Phase I/II Results for iPS-Derived Heart Failure Treatment HS-001
Heartseed (TYO:219A) said the Phase I/II LAPiS Study of HS-001, an allogeneic iPS cell-derived cardiomyocyte spheroid therapy for severe ischemic heart failure, met its primary safety endpoint with no concerns affecting its future approval application, according to a Tokyo bourse filing on Monday.The secondary efficacy endpoint analysis, which included independent third-party evaluations, showed supportive results across multiple measures such as cardiac pump function and reduction in heart enlargement.The company plans to submit a manufacturing and marketing approval application in Japan in the current year.
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Asia
Matsui Securities Posts Higher Trading Revenues in May
Matsui Securities' (TYO:8628) total equity trading value reached 9.202 trillion yen, up from 8.901 trillion in May, with a daily trading average of 511,221 yen.Revenue from commissions increased to 2.56 billion yen from 2.44 billion the prior month, while FX revenue dropped to 113 million yen from 756 million yen.Margin trading balances expanded, with long-positions rising to 483.2 billion yen and short-positions reaching over 33 billion yen.The company added 11,665 new accounts during the month, bringing the total net increase to 10,637, while active margin accounts grew to 34,392.Futures trading value climbed to 8.753 trillion yen, and OTC FX trading volume stood at 47.2 trillion yen
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Asia
Hyundai Motor India Reports Fire Incident at Supplier's Manufacturing Facility
Hyundai Motor India (NSE:HYUNDAI, BOM:544274) said a fire broke out on May 31 at a manufacturing facility of supplier Mobis India Ltd. in Tamil Nadu's Kancheepuram district, according to a Monday filing.The facility supplies audio components and certain automotive parts to Hyundai Motor India. The company said the incident may cause a temporary disruption to production.No fatalities were reported. Hyundai said it has sufficient vehicle inventory at dealerships to meet customer demand.The company's shares fell nearly 2% in recent trade.
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