The company named Ms Echo Huang Shaomei as CEO, replacing Mr Eric Ma who was in the job for only two months, New World said in a filing to the Hong Kong stock exchange, confirming an earlier Bloomberg report.
The company's stock was suspended from trading on Nov 29 after its shares fell as much as 6.9 per cent following Bloomberg's report.
Some of New World's US dollar bonds are set for their worst daily drop in 14 months, after the news of the leadership change.
Its 5.25 per cent perpetual note was down 4.7 cents to 71 cents, the biggest fall since Sept 11, 2023, Bloomberg-compiled prices show. Its 6.25 per cent note fell more than three cents to 45.2 cents, set for the lowest level since August 2023.
هذه القصة مأخوذة من طبعة November 30, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 30, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
COFFEE AND A LOOK AT NORTH KOREA
For anyone curious about civilian life in North Korea, Starbucks is offering its customers in the south a peek into the world's most reclusive country while sipping a favourite brew.
Shaw Theatres to close cinema at The Seletar Mall
Shaw Theatres will close its cineplex at The Seletar Mall on Dec 15, it announced via a press statement on Dec 2.
Conservationist Robert Irwin pays tribute to late father as he turns 21
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KRU first Malaysian act to use AI for music video
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Titoudao actress Koe Yeet is engaged
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Moana 2 sails to $495m debut at global box office
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The road ahead for S'pore tourism
Singapore Tourism Board chief weighs in on upcoming attractions, staying competitive and creating value for tourists
Beyond the Angkor Wat
From lotus farms to a colourful circus, Cambodia's Siem Reap is a city with much to offer
In chess, a fan and a legend get to meet on a board
It's Saturday afternoon and John Chan, 32, is possibly in a joyous daze.
LIONESSES' LAST CHANCE
They must win third-place play-off to qualify for AFF Women's C'ship