UTStarcom Announces Changes to Board of Directors
UTStarcom Holdings Corp - Ordinary Shares (UTSI)
Last utstarcom holdings corp - ordinary shares earnings: 11/8 06:00 am
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utstar.com
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Source: GlobeNewswire
HONG KONG, Sept. 05, 2019 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced changes to its board of directors (the “Board”) resulting from the sale of 9.2 million shares by Shah Capital Opportunity Fund and Mr. Hong Liang Lu (“Selling Shareholders”) to Tongding Interconnection Information Co., Ltd. (“TDI”). Mr. Himanshu Shah and Mr. Hong Liang Lu resigned from their positions as Chairman of the Board and Director, respectively. Also, TDI nominees Mr. Yongqing Yan and Mr. Jintong Lin were appointed as Chairman of the Board and an independent director, respectively. Mr. Tim Ti, UTStarcom's Chief Executive Officer, commented, “On behalf of the Company and the board of directors, we would like to thank Himanshu and Hong for their dedication and leadership over the years. Their strategic vision and guidance steered the Company to sharpen its product strategy, size the company appropriately to our o
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- UTStarcom Holdings Corp. (NASDAQ: UTSI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- UTStarcom Holdings Corp. (NASDAQ: UTSI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- UTStarcom Holdings Corp. (NASDAQ: UTSI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- UTStarcom Holdings Corp. (NASDAQ: UTSI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- UTStarcom Holdings Corp. (NASDAQ: UTSI) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat