Winking Studios Sets Date for AGM; Annual Report Now Available
April 7, 2025 — Winking Studios Limited (AIM/SGX:WKS), a leading AAA game art outsourcing and development company based in Singapore, has officially scheduled its Annual General Meeting (AGM) for Wednesday, April 30, 2025. The announcement, made early Monday, confirms the meeting will take place at 4:00 p.m. local time at One Farrer Hotel in Singapore, offering shareholders a chance to engage with the company’s leadership amid a transformative year in the gaming industry.
The AGM, a hybrid event, will allow both in-person attendance and virtual participation via a webcast, catering to Winking Studios’ global investor base. Shareholders wishing to join online must register by April 26, emailing their full name and identification number to ir@winkingworks.com. The company, dual-listed on the Singapore Exchange and London’s AIM market, emphasized accessibility, noting the webcast reflects its commitment to transparency as it navigates a dynamic market landscape rocked by Trump’s recent tariffs.
Alongside the AGM notice, Winking Studios released its Annual Report and Accounts for the fiscal year ending December 31, 2024. The report, available on the company’s investor relations website (investor.winkingworks.com), details its financial performance and strategic milestones. With studios in Singapore, Kuala Lumpur, Taipei, Shanghai, Nanjing, and Suzhou, the firm serves 19 of the world’s top 25 game publishers, a roster that underscores its pivotal role in art outsourcing and game development. The report also includes the Notice of AGM and Proxy Form, accessible on both the company website and the SGX-ST portal.
Winking Studios’ announcement comes at a turbulent time. Global markets, including Singapore’s, are reeling from a $5 trillion S&P 500 selloff triggered by Trump’s April 2 tariff rollout—34% on China, 25% on Canada and Mexico, and a 10% baseline on all imports. The gaming sector, reliant on cross-border supply chains, faces uncertainty, yet Winking Studios has signaled resilience. Its February 27 results presentation projected $31.9 million in 2024 revenue, up 8.94% from the prior year, buoyed by a $26.5 million share placement last fall and a January merger with Mine Loader Software.
“We’re excited to connect with our shareholders and outline our vision,” said CEO Johnny Jan in a statement, hinting at discussions on AI advancements and expansion plans teased in prior briefings. The AGM will also address shareholder questions, with the company encouraging submissions in advance—a nod to its 800-strong workforce’s efforts amid industry headwinds.
As Bitcoin dips below $75,000 and stock futures tank, Winking Studios’ AGM offers a rare bright spot for investors seeking stability in a storm. Whether it can leverage its global footprint to weather Trump’s trade war will be a key focus when the gavel falls on April 30. For now, the annual report stands as a testament to its staying power—ready for scrutiny as the gaming giant charts its next move.
