Vividthree to Raise SG$2.2 Million via Share Placement to Fund

MT Newswires

2025/09/10

Vividthree (SGX:OMK) agreed to issue 137.4 million shares to Hildrics Asia Media & Entertainment Fund's arm, Hildrics Asia Growth Fund VCC, at SG$0.01615 per share, according to an after-market filing with the Singapore Exchange on Wednesday.

The total aggregate consideration for the shares is SG$2.2 million, the filing added.

The shares represent about 29.61% of the existing issued and paid-up share capital of the company. Following the completion of the subscription, Hildrics will have a 29% stake in the company.

The media company intends to use the proposed placement to improve its financial position and improve its cash flow.

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Following the completion of the subscription, Hildrics will have a 29% stake in the company.</p><p>The media company intends to use the proposed placement to improve its financial position and improve its cash flow.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6505","symbol_name":"周期性消費品與消費者服務","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2566720226","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566720226","pubTimestamp":1757498758,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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