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    Coffee Talk Tokyo Demo Now Live on Steam with New City, Characters and Stories

    Coffee Talk Tokyo Demo Now Live on Steam with New City, Characters and Stories

    Elden Ring Nightreign Draws Mixed Player Reviews Despite Strong Launch Numbers

    Elden Ring Nightreign Draws Mixed Player Reviews Despite Strong Launch Numbers

    The Seven Deadly Sins: Origin Coming to PS5 and Steam in 2025

    The Seven Deadly Sins: Origin Coming to PS5 and Steam in 2025

    Classic Mech RPG Front Mission 3 Gets Modern Remake This June

    Classic Mech RPG Front Mission 3 Gets Modern Remake This June

    HoloParade: Deluxe Edition and hololive Treasure Mountain MegaPack Set to Release on Switch this June

    HoloParade: Deluxe Edition and hololive Treasure Mountain MegaPack Set to Release on Switch this June

    PlayStation Plus Brings Four New Games This June Including NBA 2K25

    PlayStation Plus Brings Four New Games This June Including NBA 2K25

    Kojima Productions Reveals VTuber Usada Pekora Cameo in Death Stranding 2: On the Beach

    Kojima Productions Reveals VTuber Usada Pekora Cameo in Death Stranding 2: On the Beach

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    Voice Actors Hint at Persona 4 Remake as Atlus Moves Forward Without Original Cast

    Nen Impact Demo

    Hunter x Hunter: Nen x Impact Demo Now Available on PC, PS5 Version Coming Soon

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    Coffee Talk Tokyo Demo Now Live on Steam with New City, Characters and Stories

    Coffee Talk Tokyo Demo Now Live on Steam with New City, Characters and Stories

    Elden Ring Nightreign Draws Mixed Player Reviews Despite Strong Launch Numbers

    Elden Ring Nightreign Draws Mixed Player Reviews Despite Strong Launch Numbers

    The Seven Deadly Sins: Origin Coming to PS5 and Steam in 2025

    The Seven Deadly Sins: Origin Coming to PS5 and Steam in 2025

    Classic Mech RPG Front Mission 3 Gets Modern Remake This June

    Classic Mech RPG Front Mission 3 Gets Modern Remake This June

    HoloParade: Deluxe Edition and hololive Treasure Mountain MegaPack Set to Release on Switch this June

    HoloParade: Deluxe Edition and hololive Treasure Mountain MegaPack Set to Release on Switch this June

    PlayStation Plus Brings Four New Games This June Including NBA 2K25

    PlayStation Plus Brings Four New Games This June Including NBA 2K25

    Kojima Productions Reveals VTuber Usada Pekora Cameo in Death Stranding 2: On the Beach

    Kojima Productions Reveals VTuber Usada Pekora Cameo in Death Stranding 2: On the Beach

    Voice Actors Hint at Persona 4 Remake as Atlus Moves Forward Without Original Cast

    Voice Actors Hint at Persona 4 Remake as Atlus Moves Forward Without Original Cast

    Nen Impact Demo

    Hunter x Hunter: Nen x Impact Demo Now Available on PC, PS5 Version Coming Soon

  • Interviews
    [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

    [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

    [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

    [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

    [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

    [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

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    Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

    POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

    POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

    [SEA Exclusive] From Shadows to Shipwrecks – Jennifer English Talks About Bringing Emotional Depth to Clair Obscur: Expedition 33

    [SEA Exclusive] From Shadows to Shipwrecks – Jennifer English Talks About Bringing Emotional Depth to Clair Obscur: Expedition 33

    Ben Starr

    [SEA Exclusive] The Voice Behind Verso – Ben Starr Shares His Journey into Clair Obscur: Expedition 33

    [EXCLUSIVE] Do the Game Interview – An Intimate Look at the Challenges of Game Development

    [EXCLUSIVE] Do the Game Interview – An Intimate Look at the Challenges of Game Development

    [EXCLUSIVE] Interview with the Minds Behind of Den of Wolves – 10 Chambers’ New Sci-Fi Heist FPS

    [EXCLUSIVE] Interview with the Minds Behind of Den of Wolves – 10 Chambers’ New Sci-Fi Heist FPS

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      Coffee Talk Tokyo Demo Now Live on Steam with New City, Characters and Stories

      Coffee Talk Tokyo Demo Now Live on Steam with New City, Characters and Stories

      Elden Ring Nightreign Draws Mixed Player Reviews Despite Strong Launch Numbers

      Elden Ring Nightreign Draws Mixed Player Reviews Despite Strong Launch Numbers

      The Seven Deadly Sins: Origin Coming to PS5 and Steam in 2025

      The Seven Deadly Sins: Origin Coming to PS5 and Steam in 2025

      Classic Mech RPG Front Mission 3 Gets Modern Remake This June

      Classic Mech RPG Front Mission 3 Gets Modern Remake This June

      HoloParade: Deluxe Edition and hololive Treasure Mountain MegaPack Set to Release on Switch this June

      HoloParade: Deluxe Edition and hololive Treasure Mountain MegaPack Set to Release on Switch this June

      PlayStation Plus Brings Four New Games This June Including NBA 2K25

      PlayStation Plus Brings Four New Games This June Including NBA 2K25

      Kojima Productions Reveals VTuber Usada Pekora Cameo in Death Stranding 2: On the Beach

      Kojima Productions Reveals VTuber Usada Pekora Cameo in Death Stranding 2: On the Beach

      Voice Actors Hint at Persona 4 Remake as Atlus Moves Forward Without Original Cast

      Voice Actors Hint at Persona 4 Remake as Atlus Moves Forward Without Original Cast

      Nen Impact Demo

      Hunter x Hunter: Nen x Impact Demo Now Available on PC, PS5 Version Coming Soon

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      Coffee Talk Tokyo Demo Now Live on Steam with New City, Characters and Stories

      Coffee Talk Tokyo Demo Now Live on Steam with New City, Characters and Stories

      Elden Ring Nightreign Draws Mixed Player Reviews Despite Strong Launch Numbers

      Elden Ring Nightreign Draws Mixed Player Reviews Despite Strong Launch Numbers

      The Seven Deadly Sins: Origin Coming to PS5 and Steam in 2025

      The Seven Deadly Sins: Origin Coming to PS5 and Steam in 2025

      Classic Mech RPG Front Mission 3 Gets Modern Remake This June

      Classic Mech RPG Front Mission 3 Gets Modern Remake This June

      HoloParade: Deluxe Edition and hololive Treasure Mountain MegaPack Set to Release on Switch this June

      HoloParade: Deluxe Edition and hololive Treasure Mountain MegaPack Set to Release on Switch this June

      PlayStation Plus Brings Four New Games This June Including NBA 2K25

      PlayStation Plus Brings Four New Games This June Including NBA 2K25

      Kojima Productions Reveals VTuber Usada Pekora Cameo in Death Stranding 2: On the Beach

      Kojima Productions Reveals VTuber Usada Pekora Cameo in Death Stranding 2: On the Beach

      Voice Actors Hint at Persona 4 Remake as Atlus Moves Forward Without Original Cast

      Voice Actors Hint at Persona 4 Remake as Atlus Moves Forward Without Original Cast

      Nen Impact Demo

      Hunter x Hunter: Nen x Impact Demo Now Available on PC, PS5 Version Coming Soon

    • Interviews
      [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

      [EXCLUSIVE] Inside Japan’s Indie Game Revolution – An Interview with BitSummit Organizer Masahiko Murakami

      [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

      [EXCLUSIVE] The Art of Adaptation: Developer Interview Details the OVERLORD Mobile RPG Lord of Nazarick

      [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

      [EXCLUSIVE] Taking Gundam in Bold New Directions – Interview with GQuuuuuuX Director Kazuya Tsurumaki

      Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

      Diablo IV Season 8 Interview – Developers Reveal Resurrected Belial and System Overhauls

      POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

      POCO Head of Marketing Angus Ng Interview – From Online-First Strategy to Ultra Flagship Ambitions

      [SEA Exclusive] From Shadows to Shipwrecks – Jennifer English Talks About Bringing Emotional Depth to Clair Obscur: Expedition 33

      [SEA Exclusive] From Shadows to Shipwrecks – Jennifer English Talks About Bringing Emotional Depth to Clair Obscur: Expedition 33

      Ben Starr

      [SEA Exclusive] The Voice Behind Verso – Ben Starr Shares His Journey into Clair Obscur: Expedition 33

      [EXCLUSIVE] Do the Game Interview – An Intimate Look at the Challenges of Game Development

      [EXCLUSIVE] Do the Game Interview – An Intimate Look at the Challenges of Game Development

      [EXCLUSIVE] Interview with the Minds Behind of Den of Wolves – 10 Chambers’ New Sci-Fi Heist FPS

      [EXCLUSIVE] Interview with the Minds Behind of Den of Wolves – 10 Chambers’ New Sci-Fi Heist FPS

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      iCandy Takes Legal Action Against Former Lemon Sky Executives Over Alleged Misconduct

      Bud by Bud
      7 months ago
      in All, Industry, News
      Reading Time: 2 mins read
      0 0
      iCandy Takes Legal Action Against Former Lemon Sky Executives Over Alleged Misconduct

      Image Credit: Lemon Sky Studios

      Share on FacebookShare on TwitterShare on TelegramShare on WhatsappShare on Reddit

      According to an announcement from iCandy Interactive (ASX: ICI) posted on Listcorp on November 5, 2024, the company has initiated legal action in Malaysia against former executives of its subsidiary, Lemon Sky Animation Sdn. Bhd., for alleged breaches of fiduciary duty and other misconduct.

      Background

      In 2021, iCandy acquired Lemon Sky, a prominent Malaysian video game development and animation studio, as part of its strategic expansion. Known for delivering high-quality projects, Lemon Sky has contributed to global franchises like Resident Evil, Overwatch, and Final Fantasy. This reputation has firmly established Lemon Sky as a leading player in Malaysia’s rapidly growing game industry.

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      As part of their agreement, former Lemon Sky CEO Cheng Fei Wong and COO Ka King Foong worked under a three-year management contract, which concluded on August 31, 2024. As the contract neared its end, iCandy’s Board of Directors initiated an investigation into financial transactions involving Momodica Sdn. Bhd. This inquiry revealed that Wong and Foong controlled Momodica. Furthermore, an internal audit identified payments totaling RM1,505,750 (approximately A$524,542) made to Momodica without adequate quality or service validation.

      Legal Proceedings

      Following these findings, Lemon Sky filed a lawsuit in the High Court of Malaya in Kuala Lumpur, citing Wong and Foong for alleged breaches, including fiduciary duty and trust violations. iCandy’s board emphasized its commitment to maintaining high governance standards and protecting shareholders’ interests. Consequently, it has not ruled out the possibility of further legal action against additional parties involved if warranted.


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      Looking Forward

      iCandy assures shareholders and clients that Lemon Sky will continue to operate and deliver its usual high standard of service despite the ongoing legal matters. This assurance underscores iCandy’s dedication to stability and quality for its partners.

      About iCandy Interactive

      Since its listing on the Australian Securities Exchange in 2016, iCandy Interactive has gained recognition as an award-winning game development group. Headquartered in Melbourne, with additional offices in Malaysia, Singapore, and Indonesia, iCandy boasts a team of over 650 developers. Together, they have produced more than 350 titles across mobile, console, PC, and Web 3.0 platforms, collaborating on numerous globally acclaimed franchises. For more information, visit iCandy’s official website.

      Join Us!

      We are recruiting! If you want to break into the gaming media industry, don't miss out on the golden opportunity. Find out more: Malaysia. Overseas.

      Tags: Gaming IndustryiCandy InteractiveLemon Sky Animation
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      Bud

      Bud

      An intern, with aspirations to leave a mark in the gaming news side of the video game industry. Primarily a PC gamer but grew up playing the Sony consoles from the PS1 all the way to the PS5. Currently on that Monster Hunter World fever in preparation for Wilds and a gacha junkie.

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