Kingsmen Creatives Secures Multi-Million F1 Deal
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Kingsmen Creatives Secures Multi-Million F1 Deal

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

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.

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