Brokers' take
Cityneon Holdings | Buy Target price: S$1.15 Oct 17 close: S$0.95 UOB Kay Hian Research, Oct 14
CITYNEON acquired Victory Hill Exhibitions (VHE), an exhibition production and distribution company, and propelled itself to the forefront of immersive attractions.
As Cityneon is poised to ride the wave of the Avengers and Transformers blockbuster movies, and given VHE's relationships with big-name partners (for example, Hasbro Inc, Marvel Entertainment and The Walt Disney Company), Cityneon is well positioned to grow as it embarks on entertaining a generation of superhero fans.
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