Vividthree to Raise SG$2.2 Million via Share Placement to Fund
MT Newswires
Sep 10, 2025
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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