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Alpha Networks Names Chairman of Subsidiary; Shares Drop 4%

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Alpha Networks (TPE:3380) appointed Shun-Yung Huang as the new chairman of its unit Alpha Networks (Changshu), according to a Thursday Taiwan Exchange filing.

Shares fell about 4% in Friday's midday trade.

He succeeded Cai-Fen Chen in the role, as the latter stepped down due to job relocation.

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