Cityneon expects to acquire 3rd IP by end of Q3

Singapore

CITYNEON Holdings expects to acquire its third intellectual property (IP) by the end of the third quarter, and the exit of its major shareholder will go through as planned, group chief executive Ron Tan said on Tuesday on the sidelines of an investor conference organised by Singapore Exchange (SGX) and DBS Vickers.

Cityneon, which makes interactive exhibits tied to blockbuster entertainment brands, currently owns the rights to produce exhibits based on the Avengers and Transformers brands.