FilingReader Intelligence

Shareholders seek extraordinary meeting to remove GungHo chief executive

July 23, 2025 at 09:41 AM UTCBy FilingReader AI

INTERTRUST TRUSTEES (CAYMAN) LIMITED and Strategic Capital have requested an extraordinary general meeting to remove chief executive Kazuki Morishita from GungHo Online Entertainment.

The shareholders also propose amending the articles of incorporation to simplify director dismissal requirements. They blame Morishita's leadership and the company's reliance on a single hit game for the 67% market value decline over ten years.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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