Spackman secures camera contract worth $0.68 mil for 2 major Korean dramas

Spackman secures camera contract worth $0.68 mil for 2 major Korean dramas

By: 
Samantha Chiew
04/04/18, 07:25 am

SINGAPORE (Apr 4): Spackman Entertainment announced that its wholly-owned subsidiary, Frame Pictures, has secured contracts to supply camera systems and equipment for two major Korean dramas, Live and My Mister.

The total contract value for the two deals tentatively stands at KRW 550 million ($0.68 million), subject to changes in final filming schedule.

The two Korean dramas are currently broadcasted on a pay TV channel in Korea, tvN.

Richard Lee, interim CEO and executive director of Spackman, says, “We believe that Frame Pictures shall continue to deliver a strong pipeline of projects and is well-positioned to contribute positively to the group’s FY18 performance.”

Shares in Spackman last traded at 8.3 cents on Tuesday.

AusGroup to buy housing village & facilities on Australia's Melville Island for $11.4 mil

SINGAPORE (Feb 19): AusGroup, the construction and marine services provider, is acquiring an accommodation village plus facilities worth A$11.8 million ($11.4 million). The village comprises a 119-man accommodation camp, kitchen, administration building and recreational facilities at Port Melville, Melville Island in the Northern Territory of Australia, supporting the Northern Territory oil and gas industry and marine transport industry. The acquisition will be made in cash, and comes without mortgage or security interests. AusGroup’s unit, NT Port and Marine, on Monday signed a gen....
Read More >>

Defensive utility stocks could ride infrastructure boom

SINGAPORE (Feb 18): Utility companies, which are usually deemed to be boring defensive stocks, could turn out to be sexy growth counters. This is because the growing demand for better infrastructure and amenities on the back of the population growth and rising affluence in Asia-Pacific is leading to the implementation of new utility projects in the region. “Because of their strategic significance, utility services have traditionally been provided by the public sector. However, ballooning population growth and fiscal constraints have resulted in more of the world’s utility services to sp....
Read More >>

Space tech start-up Transcelestial lasers in on high-speed connectivity

SINGAPORE (Feb 18): A few months ago, inside a second-storey shophouse in Chinatown, Rohit Jha and his team fired up a PlayStation 4 set. ­Using its controllers, he virtually navigated a small toy car, manoeuvring through a track on a remote rooftop of one of the buildings in Chinatown. The tiny vehicle was monitored by a couple of cameras and linked wirelessly to the team’s office a few blocks away. Jha, CEO and co-founder of space tech start-up Transcelestial, says he often demonstrates the capabilities of the company’s product through the PlayStation setup. The effort has paid off. ....
Read More >>