Corporate digest

Spackman Entertainment

CATALIST-listed Spackman Entertainment Group has announced plans to launch its own cryptocurrency called Korean entertainment utility tokens - or K Coins - through an initial coin offering (ICO). The K Coins will grant token holders future access to products and services offered by Spackman, such as merchandise, premium content and movie-related events, the company said.

ST Aerospace

ST AEROSPACE, the aerospace arm of ST Engineering, has secured two contracts from Lufthansa Cargo and Air Canada. The first contract, from Lufthansa Cargo, is a five-year exclusive deal in heavy maintenance support worth US$30 million. Separately, ST Aerospace, through its US affiliate company, VT San Antonio Aerospace, has secured a contract from Air Canada to pe…