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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Prudential shutters Hong Kong wealth unit Pulse
Singapore has to be realistic on global trends plaguing its stock market: DPM Wong
Google DeepMind unveils next generation of drug discovery AI model
AEM Holdings Q1 net profit tumbles 85% to S$2.4 million
World’s biggest tea buyer Lipton’s sale of last farms is a strategy shift
JPMorgan, Nomura limit Segantii exposure on Hong Kong case