Art outsourcing and video games developer Winking Studios Ltd is already quoted on the Catalist board of the Singapore Stock Exchange, and the UK quotation will help it to expand internationally. Winking Studios has a relatively small share of a fragmented market and should benefit from higher levels of outsourcing as developers seek to control their cost base. Up to three acquisitions are planned over the next 12 months.
Acer is a major shareholder and trading partner. It has agreed to limit its influence and deal with Winking Studios on an arm’s length basis.
It has been a tough perio...