Spackman Entertainment

Global Economy

March CPI eases on lower power prices; Best World not having the best of times

SINGAPORE (Apr 29): The Department of Statistics on April 23 released the Consumer Price Index (CPI) for March.

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 ge

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

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, L

Results

Spackman swings back to the black in FY17

SINGAPORE (Feb 28): Spackman Entertainment has swung back to profitability in FY17, posting earnings of US$2.98 million ($3.93 million), compared to a loss of US$2.43 million in FY16.

Spackman says movie Golden Slumber successfully sold across Asia and US

SINGAPORE (Feb 20): Spackman Entertainment Group says that its manhunt thriller film, Golden Slumber, produced by its indirect wholly-owned subsidiary Zip Cinema, was sold internationally

Spackman appoints director Richard Lee as interim CEO

SINGAPORE (Jan 18): Spackman Entertainment today announced that Richard Lee, current director of Spackman Equities Group, will be appointed as the interim CEO and executive director of the group.

M&A

Spackman Entertainment invests $611,000 in upcoming Korean film

SINGAPORE (Nov 20): Spackman Entertainment will be investing KRW500 million ($611,000) into upcoming Korean film, Now I Will Meet You, starring top actors Son Ye-Jin and So Ji Sub, who are

Results

Spackman Entertainment sinks into the red

SINGAPORE (Nov 14): Spackman Entertainment announced that it made a loss of US$770,000 ($1.05 million) in 3Q17, compared to earnings of US$1.47 million in 3Q16.

Spackman's Outlaws is surprise hit at Korean box office

SINGAPORE (Oct 10): The Outlaws, a South Korean crime action film co-presented by Spackman Entertainment Group’s 51%-owned subsidiary, Novus Mediacorp, has taken the top spot at the Korean

Broker's Calls

Spackman kicks off acquisition spree

SINGAPORE (Aug 16): RHB is maintaining its “buy” call on Spackman Entertainment with a target price of 23 cents following the group’s acquisition of Take Pictures, a startup film production company

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