Spackman shares in play on news of sale of Zip Cinema
Singapore
SHARES of Spackman Entertainment rose as much as 50 per cent on Wednesday after the group announced it was selling Zip Cinema for S$19.8 million to South Korea's Kakao Corp.
As at 9.04 am, Singapore time, the counter had risen 0.2 Singapore cent or 50 per cent to 0.6 cent after some 35.9 million shares changed hands, making it the top-traded by volume at the market open.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
More upside ahead for DBS, OCBC, UOB as wealth fees power Q1 earnings
These little-known SGX tech stocks are beating the market. What’s driving them up?