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Cityneon buys US animated figures design firm in S$50m deal

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Published Mon, Jan 13, 2020 · 09:50 PM

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    Singapore

    CITYNEON Holdings, which delisted from the Singapore Exchange (SGX) last year, has acquired US-based animated figures design firm Animax Designs in a deal worth about S$50 million, The Business Times understands.

    The experience entertainment company stumped up cash and new shares for this acquisition.

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