Spackman Entertainment Group Limited Completes Disposal of Entire Shareholding in Studio Take Co., Ltd.

Key Highlights

• Completion of Disposal: Spackman Entertainment Group Limited (“the Company”) has completed the sale of its entire shareholding interest in Studio Take Co., Ltd. as of 26 January 2026.
• SPA Conditions Precedent Fulfilled: All conditions precedent under the Sale and Purchase Agreement (“SPA”) have been met, allowing for the transaction to proceed to completion.
• Change in Group Structure: Studio Take Co., Ltd. is no longer an indirect wholly-owned subsidiary of the Company.
• Investor Advisory: Shareholders and potential investors are strongly advised to exercise caution and consult professional advisors before taking any action regarding their securities in the Company.
• Regulatory Review: The announcement has been reviewed by the Company’s Sponsor, Evolve Capital Advisory Private Limited, but not by the Singapore Exchange Securities Trading Limited (“SGX-ST”). SGX-ST assumes no responsibility for the contents of this announcement.

Detailed Overview

Spackman Entertainment Group Limited, incorporated in Singapore, announced the successful completion of its proposed disposal of Studio Take Co., Ltd. The transaction was finalized on 26 January 2026, following the fulfillment of all conditions precedent as stipulated in the SPA. This significant corporate action marks a strategic shift in the Company’s portfolio and group structure, as Studio Take Co., Ltd. will no longer contribute to the consolidated financial statements of Spackman Entertainment Group Limited.

The Board of Directors has emphasized the importance of this transaction and has issued a cautionary note to shareholders and potential investors, urging them to carefully review this and any subsequent announcements related to the disposal. The Company recommends refraining from any hasty decisions regarding their holdings, as the sale of a major subsidiary like Studio Take Co., Ltd. could have material implications on the Company’s financials, operational focus, and future business strategy.

For shareholders seeking further guidance, the Company has advised consulting with their own stockbrokers, bank managers, solicitors, or other professional advisers to understand the potential impact of this disposal on their investments.

Potential Price-Sensitive Information

• Strategic Realignment: The disposal of Studio Take Co., Ltd. may signal a strategic realignment of the Company’s business interests, which could influence market sentiment and the Company’s valuation.
• Impact on Financials: As Studio Take was a wholly-owned subsidiary, its removal from the Group’s structure may affect the consolidated revenue, profit, and asset base of Spackman Entertainment Group Limited.
• Share Price Volatility: Given the scale of this transaction, investors should be prepared for potential share price volatility as the market digests the implications of the completed disposal.

Contact Information

For further enquiries, shareholders and investors can contact the Company’s Sponsor:
Mr Jerry Chua (Registered Professional, Evolve Capital Advisory Private Limited)
Address: 160 Robinson Road, SBF Center, #20‐01/02, Singapore 068914
Tel: (65) 6241 6626

Disclaimer: This article is prepared for informational purposes only and does not constitute investment advice. Investors are encouraged to perform their own due diligence and seek professional advice before making any investment decisions. The Singapore Exchange Securities Trading Limited has not reviewed, nor does it assume responsibility for, the contents of this announcement or article.

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