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[size=28]Vivocom rises 3.92% after denying CEO is leavingBy Surin Murugiah / theedgemarkets.com | July 19, 2016 : 9:38 AM MYT
KUALA LUMPUR (July 19): Shares of Vivocom Intl Holdings Bhd rose 3.92% this morning after it denied rumours that its chief executive officer (CEO) Datuk Seri Dr Yeoh Seong Mok intends to leave the company.
At 9.19am, Vivocom rose 1 sen to 26.5 sen with 5.04 million shares done.
"The board of directors would like to deny such rumours and speculations and wishes to clarify and confirm that [Yeoh] shall remain as the CEO of the company, and that he has no intention of leaving the company as reported in the press," the group said in a filing to Bursa Malaysia.
A news report had quoted a source as saying Yeoh may be seeking early retirement, and that he was "determined to go".
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