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NWD Tumbles 6%+; CEO Eric Ma Said to Step Down After Only 2 Mths in Office
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Eric Ma, who took over as CEO of NEW WORLD DEV (00017.HK) just two months ago following the resignation of Adrian Cheng at the end of September, will be stepping down, Bloomberg reported, citing sources. NEW WORLD DEV's stock price last tumbled 6.3% to $6.41, on a volume of 13.46 million shares, involving $90.298 million. NEW WORLD DEV will issue a statement regarding Ma's departure as early as this afternoon (29th), the report said. AAStocks Financial News |
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