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Share Name | Share Symbol | Market | Type |
---|---|---|---|
GigaMedia Ltd | NASDAQ:GIGM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0209 | 1.55% | 1.37 | 1.34 | 1.37 | 1.37 | 1.34 | 1.35 | 4,030 | 21:02:01 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
GIGAMEDIA LIMITED |
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(Translation of registrants name into English) | ||||
8F, NO. 22, LANE 407,SEC. 2, TIDING BLVD.,TAIPEI 114, TAIWAN | ||||
(Address of principal executive office) |
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: [x] Form 20-F [ ] Form 40-F | ||||
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ] | ||||
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ] | ||||
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: [ ] Yes [x] No | ||||
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a |
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. |
GIGAMEDIA LIMITED | ||
Date: 11/30/2015 | By: |
Collin Hwang |
Name: | Collin Hwang | |
Title: | Chief Executive Officer | |
Exhibit No. | Description | |
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99.1 | Retirement of Chairmand and Board Change | |
Exhibit 99.1 FOR IMMEDIATE RELEASE |
For further information contact: |
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Amanda Chang Investor Relations Department Country/City Code 8862 Tel: 2656-8080 amanda.chang@gigamedia.com.tw |
GigaMedia Announces Retirement of Chairman and Board Change
TAIPEI, Taiwan, November 30, 2015 GigaMedia Limited (NASDAQ: GIGM) today announced that Chairman, Mr. Mo-Na Chien retired his position from the Company and resigned from the Companys Board of Directors. Both the retirement and the resignation of Mr. Mo-Na Chien will be effective December 1, 2015. Mr. Mo-Na Chien has served as Chairman of the Board and Executive Director since November 2012.
Collin Hwang, Chief Executive Officer of the Company, stated On behalf of the Board and the management, I would like to thank Mo-Na for his valuable contribution to the Company over the last three years, and wish him every success for the future.
The Companys Board of Directors has appointed Mr. Collin Hwang, the current Chief Executive Officer of the Company to chairmans position following the retirement of Mr. Mo-Na Chien effective December 1, 2015.
Board changes announced.
The Company also announced resignation of two board members, Mr.
King Wai Alfred Wong and Mr. Dirk Chi-Ching Chen, effective December 1, 2015.
Following the changes announced today, GigaMedias board is comprised of six members with more than a majority as independent directors.
About GigaMedia
Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of online games and cloud computing services. GigaMedias online games business is an innovative leader in Asia with growing game development, distribution and operation capabilities, as well as platform services for games; focus is on mobile games and social casino games. The companys cloud computing business is focused on providing enterprises in Greater China with critical communications services and IT solutions that increase flexibility, efficiency and competitiveness. More information on GigaMedia can be obtained from www.gigamedia.com.
The statements included above and elsewhere in this press release that are not historical in nature are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the companys current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedias Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2015.
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