tiprankstipranks
Kingsmen Creatives Secures Multi-Million F1 Deal
Company Announcements

Kingsmen Creatives Secures Multi-Million F1 Deal

Kingsmen Creatives (SG:5MZ) has released an update.

Invest with Confidence:

Kingsmen Creatives Ltd.’s subsidiary, Kingsmen Exhibits Pte Ltd, has secured a lucrative five-year contract valued at up to S$53.2 million for the Formula 1 Singapore Grand Prix, spanning from 2024 to 2028. This marks the company’s fourth consecutive contract for the event since 2008, showcasing its continued excellence in delivering experiences for motorsport fans. The agreement is anticipated to positively impact the company’s earnings and net tangible assets per share for the financial years 2024 to 2029.

For further insights into SG:5MZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App