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CLOSETSMP in the news
Stefanie Yuen Thio quoted in Lianhe Zaobao on the future of Creative Technologies 沈望傅骤逝留“宝剑” 创新科技继承者能否再创辉煌?
Stefanie was quoted by Lewis Ong Yong Huat in Lianhe Zaobao, in his article on the future of Creative Technology (p.20).
The article features Stef’s comments noting Sim Wong Hoo’s pivotal role in the business and how his demise leaves a hole in the leadership and day to day management, resulting in market speculation that his heirs are not active in the business.
Stef also added that it will be a hard decision for Creative’s heirs regarding staying invested or selling away the legacy, and that succession planning and transparency with that process is important to manage stakeholders.
The article can be accessed here.