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Newly-appointed Creative Technology director George Yeo buys 50,000 shares

The Edge Singapore
The Edge Singapore  • 2 min read
Newly-appointed Creative Technology director George Yeo buys 50,000 shares
Creative expects to report an operating loss for 2HFY2022 ending June 2022.
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George Yeo, the former cabinet minister who recently joined the board of audio products maker Creative Technology, has bought 50,000 shares of the company on Feb 11. He paid $117,500, or $2.35 each. Prior to the filing on Feb 14, Yeo didn’t hold any Creative shares.

Yeo was appointed to the company’s board on Nov 15 2021 as an independent director.

On Feb 10, the company announced that revenue for 1HFY2022 ended Dec 31 2021 hit US$34.2 million, down 28% y-o-y.

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