KUALA LUMPUR (Aug 17): XOX Bhd’s managing director (MD) Datuk Eddie Chai Woon Chet has resigned from his position "due to other personal commitment which requires his full attention".

The resignation will take effect today, according to the mobile virtual number operator's stock exchange filing today.

Chai, 40, had been XOX’s managing director for over four years, following his appointment in Jan 13, 2014. He holds a diploma in business economics from a local instution, and is currently also MD of Main Market-listed Anzo Holdings Bhd, a company that is principally involved in construction and the manufacturing of timber doors.

Two executive directors have been named following Chai’s resignation. They are Chai’s predecessor Ng Kok Heng and incumbent independent director Tan Sik Eek. Ng was XOX’s MD from 2010 to 2013.

XOX shares closed unchanged at 7.5 sen today, valuing the group at RM74.48 million.