Creative Technology to Divest Super X-Fi Business; Shares Down 2%

MT Newswires

2025/08/28

Creative Technology (SGX:C76) agreed to divest its Super X-Fi business to spin-off entity, Zeica Labs, for $5 million, according to an after-market filing with the Singapore Exchange on Wednesday.

Shares of the company were down nearly 1% in Thursday trading.

The consideration includes SG$1 million in cash and 40% equity interest in the spin-off entity, which has recently been incorporated in Singapore.

The transaction is expected to complete during the fourth quarter of the year.

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