Asia
Giantplus Technology Chairman Leaves After Toppan Cuts Stake; Shares Drop 10%
Giantplus Technology (TPE:8105) Chairman Tamura Takayuki has been removed from his position after TOPPAN transferred more than half of the shares it held at the time of his election.Shares fell 10% in Friday's afternoon trade.Tamura Takayuki was one of the four representative directors appointed by TOPPAN for Giantplus Technology's board, according to a Friday Taiwan ExchangeThe share transfer triggered the automatic discharge of the representative directors, ending Tamura's tenure as chairman.The company has not named a successor yet.
TPE:8105
