Home-grown collectibles maker XM Studios attracts investment from Temasek's Heliconia

XM Studios CEO Ben Ang said there was a surge in demand during the pandemic.
XM Studios CEO Ben Ang said there was a surge in demand during the pandemic.PHOTO: ST FILE

SINGAPORE (THE BUSINESS TIMES) - Some in the collectors' circle call the brand the pride of Singapore. In 1997, Mr Ben Ang and his brother Seng took $1,000 meant for polytechnic school fees and invested it in Xenomorph, a collectible toy store in Bras Basah Complex.

It was a big step for the pair of comic book fans who had dreams of one day making a mark on the pop culture scene. But the dream flickered for more than a decade and nearly went out. Mr Ang Seng had even settled on a life of driving a taxi if their plans failed.

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