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Pacific Textiles Announces Executive Leadership Change

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Pacific Textiles Announces Executive Leadership Change

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Pacific Textiles Holdings ( (HK:1382) ) has shared an update.

Pacific Textiles Holdings Limited announced a change in its executive team, with Mr. Kyuichi Fukumoto resigning as an executive director and member of the remuneration committee, effective July 1, 2025. He will be succeeded by Mr. Kenjiro Ashitani, who brings extensive experience from Toray Industries, a major shareholder of the company. This transition is expected to bring new perspectives to the board, potentially impacting the company’s strategic direction and operations.

More about Pacific Textiles Holdings

Pacific Textiles Holdings Limited operates in the textile industry, focusing on the production and distribution of textile products. The company is known for its comprehensive range of high-quality fabrics and has a significant market presence, supported by its substantial shareholder, Toray Industries, Inc.

YTD Price Performance: -18.06%

Average Trading Volume: 2,665,664

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.77B

For an in-depth examination of 1382 stock, go to TipRanks’ Overview page.

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