29 Jun '14, 3am

Spackman Entertainment IPO: expected to be HOT

Spackman Entertainment Group IPO will be making its way to the Singapore Stocks Exchange (SGX) on the Catalist Board. Spackman Entertainment Group is the production group from South Korea and has produced films like “Snowpiercer”. Business-wise, Spackman Entertainment Group produces, presents and invests in theatrical movies. Korea’s leading film production labels Zip Cinema (which produced “Cold Eyes” and “All About My Wife”) and Opus Pictures (which co-produced “Snowpiercer” starring Bong Joon Ho) are owned by Spackman Entertainment Group. The monies raised from the listing will be used by Spackman Entertainment Group to invest in films, for expansion and for launching of overseas offices in Los Angeles and Singapore. Finance-wise, Spackman Entertainment Group’s profit was $2.6 million in year 2013 on a revenue of $11.9 million.

Full article: http://thefinance.sg/2014/06/29/spackman-entertainment-ip...

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