TAIPEI, Taiwan, Aug. 17, 2018 /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 111,387 shares of GigaMedia
stock by Pacific Star Universal Group Ltd. at an average price of
$2.9540 on August 14th ,15th, and
16th 2018. 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 480,099 shares, an ownership of around 4.34% in the
Company.
About GigaMedia
Headquartered in Taipei,
Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is
a diversified provider of digital entertainment services in
Taiwan and Hong Kong. GigaMedia's digital entertainment
service business is an innovative leader in Asia with growing capabilities of development,
distribution and operation of digital entertainments, as well as
platform services for games with a focus on mobile games and casual
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 2018.
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For further information
contact:
Investor Relations Department
Country/City Code 8862 Tel: 2656-8096
ir@gigamedia.com.tw
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SOURCE GigaMedia Limited