Spackman to buy Korean film production firm for S$3.3m

Singapore

CATALIST-LISTED film producer and investor Spackman Entertainment Group is looking to buy South Korean film production company, Simplex Films, for S$3.3 million in new Spackman shares.

In a bourse filing on Monday morning, Spackman said it had entered into a sale and purchase agreement with four independent third parties to acquire a 100 per cent interest in Hong Kong-incorporated Simplex Films Limited (SFL).