Kingsmen Creative

Kingsmen Creative: is locked in a dispute with Premier Inc (Premier) over a purported breach of intellectual property in relation to work done for the Titanic Exhibition at The Venetian Macau. Nevertheless, OSK maintains Buy wtih TP $1.08. Believes the legal dispute is unlikely to make significant impact and the fundamentals of the coy remain healthy and its project pipeline robust. The company also boasts of a net cash balance of $49.3m ($0.26 per share) as at end- 1Q13