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Why are Creative Technology’s shares rising?

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Shares of Creative Technology have surged following Sim Wong Hoo's death on Thursday.

Shares of Creative Technology have surged following Sim Wong Hoo's death on Thursday.

PHOTO: LIANHE ZAOBAO FILE

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SINGAPORE – Shares of home-grown tech firm Creative Technology continued to rise on Friday as the market comes to terms with the sudden

death of founder Sim Wong Hoo

on Thursday.

The stock hit a high of $1.91 during the day before closing up 1.7 per cent at $1.79.

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