tiprankstipranks
Santech Holdings Announces Executive Shakeup and New Focus
Company Announcements

Santech Holdings Announces Executive Shakeup and New Focus

Santech Holdings (STEC) has released an update.

Don't Miss our Black Friday Offers:

Santech Holdings has announced board and management changes after its Chairman and CEO were detained for alleged illegal activities at Hywin Wealth Management, which is unrelated to the company. Lawrence Wai Lok has been appointed as the acting CEO to lead Santech’s strategic shift towards technology sectors like new retail and the metaverse. The company assures commitment to good governance practices and has engaged US counsel for legal advice on securities laws.

For further insights into STEC stock, check out TipRanks’ Stock Analysis page.

Related Articles
Sirisha Bhogaraju3 Penny Stocks to Watch Now, 10/17/24
TheFlySantech reports chairman Han Hongwei, CEO Wang Dian have been detained
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App