Jurassic Park

SINGAPORE (Aug 26): Cityneon Holdings, which was delisted from the Singapore Exchange (SGX) and privatised earlier this year, has gotten a shot in the arm from the investment arm of the Singapore Economic Development Board.

SINGAPORE (Sept 9): UOB KayHian is maintaining its “buy” rating on Cityneon Holdings with an increased target price of $1.50 following the group’s acquisition of the Jurassic Park intellectual property.

SINGAPORE (Nov 4):  Shares in Cityneon have soared over 247% this year, closing at $1.13 on Thursday. At current levels, they are trading at a lofty 35 times forward earnings.

SINGAPORE (May 30): DBS Vickers Securities on Friday initiated coverage on Cityneon Holdings with a “buy” recommendation and target price of $1.03.