Cityneon

Staying private means flexibility for companies to restructure while going public unlocks value for shareholders

Cityneon raised $235 million, and will debut a multi-sensory Avatar exhibition in Chengdu in May 2021, ahead of sequel in 2022

Like the Energizer Bunny, Cityneon’s Ron Tan surmounts setbacks, creates a niche, and goes on and on

SINGAPORE (Feb 27): Cityneon has announced FY17 earnings of $17.4 million, which marks a historical record high for the group and is more than double of FY16’s earnings of $6.7 million on higher revenue.

SINGAPORE (Jan 11): Cityneon has launched its Transformers Autobots Alliance Exhibition in Chongqing, China.

SINGAPORE (Sept 15): Ron Tan, CEO and executive director of Cityneon, is transforming the company into an immersive exhibition business.

SINGAPORE (Aug 31): CIMB is maintaining its “add” on Cityneon with target price of $1.27 after the group announced the acquisition of JP Exhibition which holds global rights to the Jurassic World travelling exhibition.

SINGAPORE (Aug 16): CIMB Research is maintaining its “add” recommendation on Cityneon with a target price of $1.27 with no changes to its earnings forecasts.

SINGAPORE (Aug 14): Cityneon Holdings announced earnings of $7.7 million for the 1H17 ended June, up 62.4% from $4.7 million in 1H16.

SINGAPORE (May 26): UOB KayHian is maintaining its “buy” on Cityneon with a higher target price of $1.28.