Moving to new company with existing EP

Hi. I'm from Delhi, India and recently I got a job in Malaysia. They have provided a 1 year employment visa. I started the job last month. However, today I received another job offer from another company in Malaysia.
My question is, is it possible to leave the current company and join the new company with same employment visa without cancelling it and without obtaining new EP from the new company? Or do I have to cancel existing visa and obtain new employment visa through new employer? Also, is it possible that  my current employer can cancel the VISA without my consent?

Hi kasyprt,

Hope you have gotten your answer by now. Work visa is tied to an employment, hence whenever you switch job in another company, the employer has to apply for a new one for you and the old one has to be cancelled.