XOX Berhad announced resignation of Izaddeen Bin Daud as Independent & Non Executive Director and Member of Audit Committee effective April 18, 2013. Presently he was Director of Universiti Utara Malaysia, Uniutama Holdings Sdn Bhd, Gandingan Erajuta Sdn Bhd and Rhodium Capital Sdn Bhd and Chairman of Serindit Sdn Bhd.

XOX Berhad reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported revenue of MYR 9,389,000 against MYR 8,183,000 a year ago. Loss before tax was MYR 1,572,000 against MYR 9,154,000 a year ago. Attributable to equity holders of the company was MYR 1,572,000 against MYR 9,154,000 a year ago. Basic and diluted loss per share was 0.5 sen against 3.0 sen a year ago. For the six months, the company reported revenue of MYR 18,577,000 against MYR 17,157,000 a year ago. Loss before tax was MYR 3,106,000 against MYR 15,691,000 a year ago. Attributable to equity holders of the company was MYR 3,106,000 against MYR 15,691,000 a year ago. Basic and diluted loss per share was 1.0 sen against 5.2 sen a year ago. Net cash used in operating activities was MYR 7,500,000 against MYR 14,133,000 a year ago. Purchase of equipment was MYR 1,363,000 against MYR 4,388,000 a year ago.

XOX Berhad announced the appointment of Yeoh Eng Kong as Independent & Non Executive Director of the company, effective Jan. 30, 2013. Mr. Yeoh started his career as a partner of his own legal firm in 1994 specializing in corporate restructuring, mergers and acquisitions. He actively invests in companies with high growth potential.