FINWIRES · TerminalLIVE
FINWIRES

StemCyte International Names Co-CEO

By

StemCyte International (TPE:4178) appointed Lu Kung-Ming as co-chief executive officer on Friday, according to a same-day Taiwan Exchange filing.

Shares of the regenerative therapeutics and cord blood banking company gained over 1% in Monday's late afternoon trade.

Lu joins the company in a newly created co-CEO role and currently serves as chairman of Xin Yao Biotechnology Investment.

Related Articles

Asia

Bajaj Auto's Total Sales Grow 20% in May

Bajaj Auto (NSE:BAJAJ-AUTO, BOM:532977) total sales increased 20% to 461,257 units in May, from 384,621 units sold a year ago, according to a Monday filing with the Indian bourses.Domestic sales in May rose 10% year on year to 248,031 units, while exports jumped 34% to 213,226 units.The company's two-wheeler sales in May grew 18% year-over-year to 393,204 units, while commercial vehicle sales soared 30% to 68,053 units, the filing said.

$BOM:532977$NSE:BAJAJ-AUTO
Asia

Da-Cin Construction's Project's Cumulative Disposal Value to Hit NT$500 Million

Da-Cin Construction's (TPE:2535) cumulative disposal value of a development project over the past year is expected to reach NT$500 million, according to a Monday Taiwan Exchange filing.The project covers land parcels in Taipei City, Taiwan, with a total transaction area of 1,255.87 square metres, or about 379.9 ping.The total transaction amount for the latest period between April 30 and May 31 stood at NT$714.3 million, with sales processed under standard housing contract receipts and operating activities.The company said the buyers are individual persons with no related-party ties.

$TPE:2535
Asia

Suzhou Delphi Laser Extends New Energy Projects to December

Suzhou Delphi Laser (SHA:688170) agreed to extend its new energy high-end equipment manufacturing project and new energy research and development center construction project to December from May.The company cited ongoing interior decoration work, which pushed construction beyond the original timeline, according to a weekend filing with the Shanghai bourse.Shares of the precision laser producer closed 8% lower Monday.

$SHA:688170