tiprankstipranks
Company Announcements

Acer Increases Control Over Winking Studios

Winking Studios Limited (SG:WKS) has released an update.

Acer SoftCapital Incorporated has bolstered its stake in Winking Studios Limited to 59.59%, demonstrating a strong belief in the company’s growth potential amid the gaming industry’s shift towards art outsourcing. The acquisition of additional shares from two key shareholders at a sum of S$3.7 million strengthens Acer’s position as the primary shareholder of Asia’s third-largest game art outsourcing studio. Winking Studios has reported robust growth in its recent financial statement, positioning itself to leverage market recovery and explore new competitive opportunities.

For further insights into SG:WKS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskWinking Studios Boosts Subsidiary Investment
TipRanks Singapore Auto-Generated NewsdeskWinking Studios Raises S$26.5M in Oversubscribed Share Placement
TipRanks Singapore Auto-Generated NewsdeskWinking Studios Corrects Acquisition Financials
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!