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ASMPT Limited Announces Board Restructuring and New Director Appointment

Story Highlights
  • ASMPT Limited announces significant board changes with retirements and new appointments.
  • Ms. Koh Meng Meng Wendy is proposed as a new Independent Non-Executive Director, enhancing strategic direction.
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ASMPT Limited Announces Board Restructuring and New Director Appointment

An announcement from ASM Pacific Technology ( (HK:0522) ) is now available.

ASMPT Limited, a company incorporated in the Cayman Islands, has announced significant changes in its board of directors. Three independent non-executive directors, Miss Orasa Livasiri, Mr. Wong Hon Yee, and Mr. Eric Tang Koon Hung, will retire at the upcoming annual general meeting, with Miss Livasiri also stepping down as Chairman of the Board. Mr. John Lok Kam Chong will succeed her as Chairman, and several other board committee roles will be reassigned. Additionally, Ms. Koh Meng Meng Wendy is proposed for appointment as an Independent Non-Executive Director, bringing extensive experience in the IT industry to the company. These changes are expected to impact the company’s governance structure and strategic direction.

More about ASM Pacific Technology

YTD Price Performance: -3.13%

Average Trading Volume: 438

Technical Sentiment Signal: Buy

Current Market Cap: $3.11B

See more insights into 0522 stock on TipRanks’ Stock Analysis page.

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