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iDreamSky Announces Executive Resignation and Strategic Focus on Overseas Expansion

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iDreamSky Announces Executive Resignation and Strategic Focus on Overseas Expansion

iDreamSky Technology Holdings Limited ( (HK:1119) ) has provided an announcement.

iDreamSky Technology Holdings Limited announced the resignation of Mr. Jeffrey Lyndon Ko from his roles as an executive director, a member of the Strategy and Remuneration and Appraisal Committees, and the president of the company, effective March 27, 2025. Mr. Ko will continue to contribute to the company by focusing on overseas business expansion, indicating a strategic shift towards international markets. The board expressed gratitude for his contributions, and the announcement included an updated list of directors and their roles.

More about iDreamSky Technology Holdings Limited

iDreamSky Technology Holdings Limited is a company incorporated in the Cayman Islands, focusing on technology and gaming. It operates through its subsidiaries and PRC consolidated affiliated entities, primarily engaged in the development and distribution of mobile games, with a market focus on expanding its overseas business operations.

YTD Price Performance: -63.45%

Average Trading Volume: 288

Technical Sentiment Signal: Buy

Current Market Cap: €195.8M

See more insights into 1119 stock on TipRanks’ Stock Analysis page.

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