Spackman Entertainment Group

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.

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.

SINGAPORE (Sept 19): Spackman Entertainment Group, the Korean entertainment production group, has acquired a 10% stake in NSY Group for $137,755 in cash.

SINGAPORE (Sept 18): Spackman Entertainment Group announced that its wholly-owned subsidiary, Frame Pictures, has won a contract to supply camera systems and equipment for Netflix’s first Korean original production – Love Alarm.

SINGAPORE (Sept 7): Spackman Entertainment Group is making its maiden foray into the Korean drama series production business with some the help of heart throb So Ji Sub.

SINGAPORE (Sept 4): Spackman Entertainment Group, the Korean production group, today announced that the next major film by wholly owned subsidiary, Zip Cinema, will be Sovereign Default.

SINGAPORE (Aug 16): Frame Pictures, the wholly-owned subsidiary of Spackman Entertainment Group, has secured a contract worth KRW220 million ($0.3 million) to supply camera systems and equipment for the filming of an upcoming Korean crime thriller film en

SINGAPORE (Aug 14): Spackman Entertainment Group has entered into a memorandum of understanding (MoU) for the proposed acquisition of 100% of the total voting shares in the company with full ownership of Take Pictures, a motion picture production company

SINGAPORE (Aug 10): Spackman Entertainment Group, the Korean entertainment production groups, recorded a net profit of US$4.4 million ($6 million) in 1H17 compared to a net loss of US$3.5 million in 1H16.

SINGAPORE (May 15): Spackman Entertainment Group reported US$5.4 million ($7.6 million) of earnings for the 1Q ended March 31, reversing from its US$1 million net loss position in the same quarter a year ago on higher revenue.