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Spackman to sell Zip Cinema for $19.8 million to South Korea’s Kakao Corp

September 15, 2021 8:55 AM

SINGAPORE (THE BUSINESS TIMES) – Spackman Entertainment Group has agreed to sell its entire Zip Cinema business to Kakao Entertainment, a subsidiary of South Korea-listed Internet company Kakao Corp, for $19.8 million or about 18 billion won in cash.

Source : http://www.straitstimes.com/business/companies-markets/spackman-to-sell-zip-cinema-for-198-million-to-south-koreas-kakao-corp

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