TAIPEI, Taiwan, Aug. 23, 2017 /PRNewswire/ -- GigaMedia Limited
(NASDAQ: GIGM) today announced that its Chief Executive Officer
Cheng-Ming Huang a.k.a. James Huang
has purchased a total of 100,000 shares of GigaMedia stock by
Pacific Star Universal Group Ltd. at an average price of
$2.94 on August 21, 2017. The purchases were made during
an open window period and in full compliance with all company and
legal guidelines.
Mr. Cheng-Ming Huang now holds a
total of 137,608 shares.
About GigaMedia
Headquartered in Taipei,
Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is
a diversified provider of online games. GigaMedia's 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. More information on GigaMedia can be obtained from
www.gigamedia.com.tw
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
company's 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 GigaMedia's Annual Report on Form 20-F filed with the
United States Securities and Exchange Commission in April 2017.
For further information contact:
Annie Sun
Investor Relations Department
+886-2-2656-8096
ir@gigamedia.com.tw
View original
content:http://www.prnewswire.com/news-releases/purchase-of-gigamedia-shares-by-ceo-cheng-ming-huang-300508357.html
SOURCE GigaMedia Limited