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.