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Studio Take

Broker's Calls

Why Spackman's outlook remains stellar despite impending share dilution

SINGAPORE (Oct 12): RHB Research is maintaining its “buy” call on Spackman Entertainment Group, while lowering its lower target price to 20 cents from 23 cents previously to factor in an expected dilution of shares.

M&A

Spackman Entertainment acquires another Korean film production company for $3.9 mil

SINGAPORE (Oct 11): Spackman Entertainment also announced that it has entered into a sale and purchase agreement to acquire Studio Take, a Korean film production company, through the purchase of Take Pictures for a consideration of about $3.93 million.
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