leadership
confidence high
sentiment neutral
materiality 0.60
Londax Corp. announces director and officer changes; moves HQ to Cyprus
Londax Corp.
- Olegs Pavlovs resigned as director, Interim CEO, and Interim CFO effective October 14, 2025.
- Mariami Togonidze appointed to the board; Giorgi Loloshvili appointed Interim CEO and CFO.
- Resignation attributed to cost reduction and internal efficiency, not a disagreement.
- Principal executive offices relocated from Riga, Latvia to Limassol, Cyprus.