Vibrant Group (SGX:BIP) named Don Tang Fook Yuen as the company's interim chief executive officer, effective June 2, according to a same-day filing with the Singapore Exchange.
Shares of the integrated logistics company were down nearly 1% in Wednesday trading.
The company will continue its search for a permanent CEO, the filing added.
Semiconductor and electronics test company AEM (SGX:AWX) issued and allotted 573,655 shares to its employees pursuant to the vesting of share awards granted under the restricted share option plan, according to a filing with the Singapore Exchange on Tuesday.Shares of the company were up over 4% in Wednesday trading.The new shares are expected to be listed and quoted on June 4.Following the issuance, the total number of issued and paid-up share capital stands at 319.5 million shares.
CSPC Pharmaceutical Group (HKG:1093) said currently available clinical data for its drug candidate SYS6043 indicates it could become a treatment option for multiple tumor types, according to a Tuesday filing with the Hong Kong bourse.According to the company, the medicine demonstrated "favorable anti-tumor activity" in subjects enrolled in an open-label, phase 1/2 clinical study in China.Among the 533 evaluable patients, the objective response rate was 41.8% while the median duration of response stood at 6.9 months. The disease control rate among the patients was assessed at 81.4%.Based on the results, the firm said it would advance related studies of the drug in ovarian cancer, breast cancer, and small cell lung cancer.
Rising labor costs and softening demand from Japanese manufacturers are driving Japan's regional banks to shift from China to Southeast Asia and India, creating hurdles for suppliers tied to the Chinese market, Nikkei Asia reported Wednesday.According to Nikkei's analysis of 61 regional lenders, China's share of overseas offices fell from 50 in April 2021 to just 40 by the end of March, despite still representing nearly half of all foreign locations.Hokkaido Bank shuttered its Shenyang outpost in May 2025 after nearly two decades, relocating operations back to Japan, while Bank of Kyoto closed its Dalian office last year and merged functions into its Shanghai branch, the news agency said.Citing mounting maintenance burdens and declining customer demand, the Bank of Kyoto noted that downsizing became the logical response to falling client needs, the publication said.(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.)