Korea's Spackman Entertainment launches Catalist IPO

Singapore

SINGAPORE Exchange looks set to have the first listing of a Korean entertainment company.

Spackman Entertainment Group Limited (SEGL), one of Korea's leading theatrical film production groups, yesterday launched its initial public offering (IPO) for a Catalist listing.

It is offering 69.44 million placement shares - 50 million new and 19.44 million vendor shares - at 26 cents each. The offer closes on July 18 and trading is expect…