Stock Track | Creative Technology Soars 3.39% Intraday on New CEO Appointment

Stock Track

01/06

Creative Technology Ltd (C76.SI) saw its shares surge 3.39% during Tuesday's intraday trading session, reflecting strong investor optimism following a significant leadership change.

The rally comes after the company announced the appointment of Sim Li Ern as its new Chief Executive Officer, effective immediately. Sim, the nephew of Creative's late founder Sim Wong Hoo, succeeds interim CEO Tan Jok Tin, who also stepped down as executive chairman. The market has responded positively to this strategic move, signaling confidence in the new leadership's ability to steer the company forward.

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Sim, the nephew of Creative's late founder Sim Wong Hoo, succeeds interim CEO Tan Jok Tin, who also stepped down as executive chairman. 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