Managing directors Arfat Selvam and Jamie A. Benson of Duane Morris & Selvam in Singapore represented film investor and producer Spackman Entertainment Group in its initial public offering on the Singapore Exchange. The company is the first Korean entertainment company to conduct its IPO in Singapore.

SEOUL — South Korean film production group Spackman Entertainment Group completed its initial public offering on Friday, receiving strong demand from Asian institutional investors and high-net-worth individuals for the 69,440,000 placement shares on offer.

Listing and trading of Spackman’s shares are slated to begin at 9 a.m. Tuesday, on the Catalist Board of the Singapore Exchange Securities Trading Limited. The company behind such internationally buzzed films as Bong Joon Ho's Snowpiercer, it is the first Korean film production firm to list in Singapore.

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