Creative Technology

New appointments

Creative Technology appoints Tan Jok Tin as non-executive and independent director

Tan’s appointment has since been approved by the board, following a review of Tan’s qualifications.

Insider moves

George Yeo raises stakes in Creative Technology and Wilmar International; SGX buys back shares

Yeo’s acquisitions came less than a month after executive director Kwang Toh Kay bought shares as well

Results

Creative Technology reports smaller loss of US$4.1 mil for 1HFY2024

For the 2HFY2024, Creative says it expects to see higher revenue and GPM as well as a lower operating loss.
Creative appoints Kwang Toh Kay, Sim Li Ern as non-executive and non-independent directors - THE EDGE SINGAPORE

New appointments

Creative appoints Kwang Toh Kay, Sim Li Ern as non-executive and non-independent directors

Creative Technology has appointed two new directors.

Results

Creative Technology reports smaller y-o-y loss of US$6.1 million for 2HFY2023

This smaller loss is due to reduced operating expenses, following a restructuring exercise led by the late ex-CEO Sim Wong Hoo.

Company in the news

Creative Technology partners xMEM Labs to create high fidelity audio earbuds

The integration of xMEM’s hardware into Creative TWS earbuds aims to give users a lighter, sleeker, more ergonomic experience.
Creative expects reduced losses for 2HFY2023 following restructuring - THE EDGE SINGAPORE

Results

Creative expects reduced losses for 2HFY2023 following restructuring

The company expects revenue to be maintained by margins to improve with a new strategic direction
Sim Wong Hoo: An icon beyond the tech realm - THE EDGE SINGAPORE

Obituary

Sim Wong Hoo: An icon beyond the tech realm

Is the share price’s reaction the market’s farewell salute to Singapore’s original tech entrepreneur?
Creative Technology's Sim Wong Hoo dies - THE EDGE SINGAPORE

Obituary

Creative Technology's Sim Wong Hoo dies

Sim, who was born in 1955, founded the company in 1981. He was its chairman and CEO since its inception.
Creative Technology announces intent to expand into eldercare, says OEM plans delayed by ‘draconian measures’ in China - THE EDGE SINGAPORE

Results

Creative Technology announces intent to expand into eldercare, says OEM plans delayed by ’draconian measures’ in China

With the FY2022 results, Creative has reported three years of pre-tax losses.
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