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Take Pictures
Results
Spackman sinks deeper into the red in 2Q with $2.1 mil loss
SINGAPORE (Aug 15): Spackman Entertainment Group reported a loss of US$1.5 million ($2.1 million) for the 2Q ended June, widening from its 2Q17 loss of US$0.2 million on lower revenue and higher general & administrative expenses.
August 15, 2018
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.
October 12, 2017
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.
October 11, 2017
Spackman in discussions to acquire Korean film production company
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
August 14, 2017