Spackman Equities Group Grants Stock Options
TORONTO, ONTARIO--(Marketwire - Nov. 26, 2012) - Spackman Equities Group Inc. ("SEGI" or the "Company") (TSX VENTURE:SQG) announces that the board of directors has, subject to the approval of the TSX Venture Exchange, granted stock options to two directors of the Company to acquire up to an aggregate of 986,000 common shares of SEGI ("Shares") under the Company's stock option plan (the "Plan"). The stock options are exercisable at a price of $0.10 per Share and shall expire two years from the date of grant or earlier in accordance with the Plan.
About Spackman Equities Group Inc.
Spackman Equities Group Inc. ("SEGI") is a diversified investment holding company that invests into and develops small/medium-sized growth companies that possess proprietary technologies or industry-specific know-how, primarily in Asia. SEGI also makes investments in selected publicly-traded companies that SEGI believes are attractive investment propositions. The objectives of SEGI are to (i) invest into or acquire businesses with compelling growth potential at attractive valuations, (ii) build a diversified and balanced portfolio of investments, and (iii) deliver the collective value derived from the performance of its portfolio of investments to the shareholders of SEGI. Currently, SEGI's holdings include:
-- indirectly-held majority ownership of two leading Korean movie
production companies, namely, Opus Pictures Co., Ltd. ("Opus") and Zip
Cinema Co., Ltd. ("Zip");
-- 100% of Spackman Entertainment Korea Inc., a movie investment company
that invests into films produced by Opus and Zip;
-- 100% of SEGI Investments Limited, an investment company that invests
into Korean public equities;
-- 17.92% equity in Intech LCD Group Limited, a China-based developer and
manufacturer of flat panel displays and modules.
Visit www.spackmanequities.com for further information.
FOR FURTHER INFORMATION PLEASE CONTACT:
Spackman Equities Group Inc.
+852 3902 3287