News Summary

• NoonTalk Media, led by former DJ Dasmond Koh, has failed to make a profit since its listing in 2022.
• Its accumulated losses had reached S$9.2 million as of Jun 30.
• This prompted the Securities Investors Association (Singapore) to raise questions about NoonTalk Media's plans to achieve profitability, its cost structure, as well as how the board exercises its oversight duties.
• The company said it has developed a slate of micro-drama productions in collaboration with strategic partners, with launches planned within the current financial year.