Ostin Technology Board Removes Director and Forms Special Committee Amid Indictment

Reuters
2025.10.21 17:50
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Ostin Technology Group Co. Ltd. has removed Mr. Lai Kui Sen from his roles as director and Co-Chief Executive Officer following his indictment for conspiracy to commit securities fraud and wire fraud. The Board of Directors convened on October 21, 2025, to make this decision and established a Special Committee to address related matters. Maples Corporate Services Limited has been authorized to update company records accordingly.