Cityneon's shares traded at a price-to-earnings multiple of 31.61 times at yesterday's close.

Successful share placement follows takeover by Star Publications.

Cityneon reports S$3.6 million net profit; prepares to further grow its international business and secure mega projects in the region.

Cityneon rides on booming MICE industry in Singapore and Middle East to secure record order book of S$41 million