Australia's Jatcorp slips as industry veteran Wang steps down as MD

Jatcorp

22/11/2024 02:32

Nov 22 (Reuters) -     ** Shares of Australian health
goods company Jatcorp  JAT.AX  fall as much as 5% to A$0.425
     ** Stock hits lowest level since Nov. 14
    ** The firm's managing director Jack Wang resigns for
personal reasons, effective immediately
    ** Wang has been a veteran of the cross-border e-commerce
sector, working across China, Korea, Japan and Southeast Asia
    ** Co operations to continue as usual under CEO Sunny Liang
    ** Stock has risen 36.4% this year, as of last close

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com;))