Shares of CSC Holdings Ltd (06066) soared 5.04% on Tuesday, following the announcement of a leadership change at the company.
The company disclosed that Sue Ka Lok has resigned as an executive director and Chief Executive Officer (CEO). Simultaneously, Chow Man Wai, Tony, has been appointed as the new CEO of CSC Holdings.
The leadership transition has been well-received by investors, who appear to be optimistic about the potential strategic changes and fresh perspectives that the new CEO may bring to the company.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.