Winking Studios Announces The Plan to Acquire Mineloader Studios,
Accelerating Growth and Innovation Through Strategic M&A
SINGAPORE, 17 January 2025, 3:00 PM – Winking Studios (LSE: WKS; SGX: WKS), a leading provider of game art production and game development services headquartered in Singapore, announced its acquisition of Mineloader Studios. The transaction is subject to regulatory approval and the fulfillment of preconditions agreed upon by both parties. Once completed, it will represent Winking Studios’ largest transaction to date.
Following the completion of the transaction, Mineloader Studios’ management team will remain unchanged. Its founder will continue to serve as the legal representative and general manager. The company will continue to independently manage the business with its original branding.
Winking Studios and Mineloader Studios both originated in 2003 and have grown into well-established game art production and game development service providers over the past two decades. Winking Studios, a dual-listed company on the London Stock Exchange and Singapore Exchange, is headquartered in Singapore with nine studios across Kuala Lumpur, Taipei, Shanghai, Nanjing, and Suzhou. The company has provided services to 22 of the world’s top 25 game companies and employs a total of 846 staff.
Johnny Jan, Founder and CEO of Winking Studios, stated, “This marks our first acquisition since our listing in London. The acquisition of Mineloader Studios will further strengthen Winking Studios’ service capabilities in the global gaming industry. With a combined workforce of nearly 1,300 talents, we will significantly enhance our ability to make a positive impact on the industry while unlocking new horizons for growth and innovation.”
Su Fang, Founder and Managing Director of Mineloader Studios，commented, “Becoming a part of Winking Studios will allow Mineloader to leverage the extensive resources and unparalleled professional support of Winking. This collaboration empowers us to elevate the quality of service we provide to our clients and partners while unlocking even greater opportunities for the continued growth.”