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GLG Corp Ltd Announces Transition of Director to Executive Role

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GLG Corp Ltd Announces Transition of Director to Executive Role

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An announcement from GLG Corp Ltd ( (AU:GLE) ) is now available.

GLG Corp Ltd has announced a change in the role of Mr. Khay Ti Por, who will transition from an Independent Non-Executive Director to an Executive Director, effective immediately. This move aligns with the ASX Corporate Governance Principles and entails Mr. Por’s increased involvement in the company’s daily operations, along with a revised remuneration package. The company emphasizes its commitment to strong corporate governance and transparency, welcoming Mr. Por’s continued contribution in his expanded role.

More about GLG Corp Ltd

GLG Corp. Ltd is a global textile and apparel supply chain manager specializing in casual lifestyle knitwear apparel for major U.S. and European retailers. The company supplies approximately 30 million garments annually through its global marketing and manufacturing network, offering a comprehensive service package from product design to logistics solutions.

Average Trading Volume: 16,976

Technical Sentiment Signal: Sell

Current Market Cap: A$9.63M

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

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