Also: Malaysia’s Sabah state announces stricter entry rules for travellers from China
The Creative Technology chairman and CEO died on Jan 4 at the age of 67.
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The company's share price rose by nearly 25% and closed at S$1.76 on Thursday (Jan 5).
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From Jan 8, travellers from China are required to be fully vaccinated against COVID-19 and produce a negative test result taken within 48 hours of departure before they are allowed to enter Sabah.
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Travellers crossing the border will still be required to present a negative nucleic acid test result taken 48 hours before departure.
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South Korean refiner Hyundai Oilbank also announced it would hand out 1,000% of base salaries as bonuses to its employees for the year 2022.
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