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. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

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.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.