VS Media Overhauls Leadership and Moves Headquarters to Singapore

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2026.03.06 14:27
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VS Media Holdings Limited has undergone a significant leadership overhaul, with CEO Nga Fan Wong resigning and Eng Yong Julius Toh appointed as the new CEO. The company has also relocated its headquarters to Singapore. This transition follows the resignations of other key executives, with new independent directors appointed to ensure board compliance. Despite these changes, the company's stock is rated as underperforming due to declining revenues and negative cash flows, indicating a need for immediate strategic improvements.