Aankondiging • Jun 11
Vividthree Holdings Ltd. announced that it has received SGD 1 million in funding from China Music International Limited On June 10, 2026, Vividthree Holdings Ltd. closed the transaction. The company issued unlisted, interest-bearing, unsecured, redeemable, convertible bonds (“CBs”), in the principal amount of SGD 1,000,000. The bonds will mature 24 months from the date of issueance (June 10, 2028) The bonds are convertible into new ordinary shares in the share capital of the Company (“Conversion Shares”) at a conversion price of SGD 0.0165 per Conversion Share. New Risk • May 31
New major risk - Negative shareholders equity The company has negative equity. Total equity: -S$4.1m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-S$4.1m). Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (S$7.82m market cap, or US$6.13m). Minor Risks Shareholders have been diluted in the past year (30% increase in shares outstanding). Revenue is less than US$5m (S$1.7m revenue, or US$1.3m). Reported Earnings • May 31
Full year 2026 earnings released: S$0.018 loss per share (vs S$0.025 loss in FY 2025) Full year 2026 results: S$0.018 loss per share (improved from S$0.025 loss in FY 2025). Revenue: S$1.72m (down 56% from FY 2025). Net loss: S$9.44m (loss narrowed 13% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Aankondiging • May 25
Vividthree Holdings Ltd. to Report Fiscal Year 2026 Results on May 30, 2026 Vividthree Holdings Ltd. announced that they will report fiscal year 2026 results at 12:00 PM, Singapore Standard Time on May 30, 2026 Board Change • May 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Royson Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 02
Vividthree Holdings Ltd. announced that it expects to receive SGD 1 million in funding from China Music International Limited Vividthree Holdings Ltd. entered into a binding term sheet with new investor China Music International Limited for issuance of unlisted, interest-bearing, unsecured, redeemable, convertible bonds for gross proceed of SGD 1,000,000 on April 30, 2026. The bonds are convertible into new ordinary shares at a conversion price of SGD 0.0165 per conversion share. The company incurred SGD 80,000 in relevant expenses. All bonds will bear interest at the rate of 2% per annum on the outstanding principal amount from the issue date. The bonds will mature 24 months from the date of issue. Board Change • Apr 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Royson Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Royson Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Royson Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 22
Vividthree Holdings Ltd. has completed a Follow-on Equity Offering in the amount of SGD 2.21901 million. Vividthree Holdings Ltd. has completed a Follow-on Equity Offering in the amount of SGD 2.21901 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 137,400,000
Price\Range: SGD 0.01615
Transaction Features: Subsequent Direct Listing Aankondiging • Sep 09
Hildrics Asia Growth Fund I managed by Hildrics Capital Pte. Ltd. cancelled the acquisition of 21.02% stake in Vividthree Holdings Ltd. (Catalist:OMK) from mm2 Asia Ltd. (SGX:1B0). Hildrics Asia Growth Fund I managed by Hildrics Capital Pte. Ltd. entered into a sale and purchase agreement to acquire 21.02% stake in Vividthree Holdings Ltd. (Catalist:OMK) from mm2 Asia Ltd. (SGX:1B0) for SGD 1.7 million on May 28, 2025. A cash consideration of SGD 0.01734 per Sale Share will be paid by Hildrics Capital.
The transaction is subject to financial and non-financial due diligence on Vividthree, mm2 having procured that the Sale Shares are, at the time of transfer to the Purchaser, free from any and all encumbrances, liens, charges, pledges, security interests, claims, or any other third-party rights or restrictions of any kind, approval of Shareholders of mm2, approval from Vividthree’s banker having been obtained and transfer of the Sale Shares upon the terms and conditions of the SPA not being prohibited, restricted, curtailed, hindered, impaired or otherwise adversely by any statute, order, rule, regulation, directive, guideline or request (whether or not having the force of law) promulgated by any legislative, executive or regulatory body. The expected completion of the transaction is May 30, 2025.
The proceeds from the Proposed Disposal are intended to be used by mm2 to repay the mm2 and its subsidiaries outstanding liabilities.
Hildrics Asia Growth Fund I managed by Hildrics Capital Pte. Ltd. cancelled the acquisition of 21.02% stake in Vividthree Holdings Ltd. (Catalist:OMK) from mm2 Asia Ltd. (SGX:1B0) on September 8, 2025. Following careful consideration and in view of the recent market volatility and the Company’s current circumstances, the parties have mutually agreed to terminate the SPA. The parties are of the view that the mutual termination is in their respective best interests. New Risk • Sep 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-S$3.1m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 9.5% per year over the past 5 years. Market cap is less than US$10m (S$10.2m market cap, or US$7.92m). Minor Risk Revenue is less than US$5m (S$4.0m revenue, or US$3.1m). Reported Earnings • Jul 16
Full year 2025 earnings released: S$0.025 loss per share (vs S$0.005 loss in FY 2024) Full year 2025 results: S$0.025 loss per share (further deteriorated from S$0.005 loss in FY 2024). Revenue: S$3.96m (down 44% from FY 2024). Net loss: S$10.8m (loss widened S$9.05m from FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Aankondiging • Jul 15
Vividthree Holdings Ltd., Annual General Meeting, Jul 30, 2025 Vividthree Holdings Ltd., Annual General Meeting, Jul 30, 2025, at 11:00 Singapore Standard Time. Location: 8 wilkie road, 03-01 wilkie edge, singapore 228095, Singapore New Risk • May 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (S$9.28m market cap, or US$7.20m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). Revenue is less than US$5m (S$6.2m revenue, or US$4.8m). Aankondiging • May 27
Vividthree Holdings Ltd. Provides Group Earnings Guidance for the Six Months and Full Financial Year Ended 31 March 2025 Vividthree Holdings Ltd. provided group earnings guidance for the six months and full financial year ended 31 March 2025. For the period, the Group is expected to report a greater net loss for 2H FY2025 and FY2025. Based on the preliminary review of the Group's unaudited financial results for 2H FY2025 and FY2025, the increase in the Group's net loss is primarily due to provision of impairment losses on goodwill from business combination and inventory, fair value changes in the investments in projects and the financial assets, and the expected credit losses for receivables. Aankondiging • May 26
Vividthree Holdings Ltd. to Report Second Half, 2025 Results on May 30, 2025 Vividthree Holdings Ltd. announced that they will report second half, 2025 results on May 30, 2025 Board Change • Mar 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Royson Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Royson Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Royson Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 09
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: S$6.2m (US$4.7m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (S$12.1m market cap, or US$9.09m). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Revenue is less than US$5m (S$6.2m revenue, or US$4.7m). New Risk • Aug 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 33% per year over the past 5 years. Market cap is less than US$10m (S$10.2m market cap, or US$7.74m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Aankondiging • Jul 16
Vividthree Holdings Ltd., Annual General Meeting, Jul 30, 2024 Vividthree Holdings Ltd., Annual General Meeting, Jul 30, 2024, at 11:00 Singapore Standard Time. Location: 8 wilkie road, 03-01 wilkie edge, singapore 228095, Singapore Reported Earnings • May 30
Full year 2024 earnings released: S$0.005 loss per share (vs S$0.009 loss in FY 2023) Full year 2024 results: S$0.005 loss per share (improved from S$0.009 loss in FY 2023). Revenue: S$7.09m (up 143% from FY 2023). Net loss: S$1.83m (loss narrowed 46% from FY 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. New Risk • May 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 47% per year over the past 5 years. Market cap is less than US$10m (S$9.29m market cap, or US$6.89m). Minor Risk Revenue is less than US$5m (S$3.9m revenue, or US$2.9m). Aankondiging • Nov 15
Vividthree Holdings Ltd. Announces Re-Designation of Yeo Eng Pu, Charles from Chief Creative Officer to Chief Executive Officer Vividthree Holdings Ltd. announced re-designation of Yeo Eng Pu, Charles from Chief Creative Officer to Chief Executive Officer. Role And Responsibilities: Executive. Working Experience: June 2008 to present Director of Vividthree Productions Pte. Ltd. April 2018 to present Director of Vividthree Holdings Limited July 2020 to present Director of V&N Entertainment Pte. Ltd. Professional Qualifications: Associate Diploma in Multimedia (Distinction) from Nanyang Academy of Fine Arts and Masters of Business Administration from Murdoch University. New Risk • Oct 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (S$10.8m market cap, or US$7.86m). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Revenue is less than US$5m (S$2.9m revenue, or US$2.1m). Aankondiging • Jul 13
Vividthree Holdings Ltd., Annual General Meeting, Jul 28, 2023 Vividthree Holdings Ltd., Annual General Meeting, Jul 28, 2023, at 11:00 Singapore Standard Time. Location: 8 Wilkie Road #03-01 Wilkie Edge Singapore Agenda: To receive and adopt the director's statement, audited financial statements and independent auditor's report; to re-elect directors; to approve the director's fees payable by the company for the financial year ended 31 March 2023; to reappoint CLA Global TS Public Accounting corporation as auditors; to discuss other matters. Aankondiging • Jul 06
Vividthree Holdings Ltd. Announces Change of Company Secretary Vividthree Holdings Ltd. announced the appointment of Ms Catherine Lim Siok Ching as the Company Secretary in place of Ms Yap Peck Khim with effect from 4 July 2023. Reported Earnings • May 30
Full year 2023 earnings released: S$0.009 loss per share (vs S$0.017 loss in FY 2022) Full year 2023 results: S$0.009 loss per share (improved from S$0.017 loss in FY 2022). Revenue: S$2.91m (up 1.9% from FY 2022). Net loss: S$3.41m (loss narrowed 42% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Aankondiging • May 20
Vividthree Holdings Ltd. Announces Appointment of Chang Long Jong as Member of the Audit Committee Vividthree Holdings Ltd. wishes to announce the appointment of Mr. Chang Long Jong ("Mr Chang"), a Non-Executive Director, as a member of the Audit Committee in place of Mr. Er Song Ngueng. Following the appointment, the composition of the Audit Committee shall be as follows: Wong Kim Soon Royson (Chairman), Ho Choon Hou (Member) and Chang Long Jong (Member). Aankondiging • May 09
Vividthree Holdings Ltd. Announces Demise of Er Song Ngueng, Non-Executive Director and A Member of the Audit Committee Vividthree Holdings Ltd. announced cessation of Er Song Ngueng as Non-Executive Director and a member of the Audit Committee. Reason For Cessation: Mr. Er Song Ngueng passed away on 5 May 2023. Aankondiging • Dec 16
Vividthree Holdings Ltd. (Catalist:OMK) entered into a Memorandum of Understanding to acquire 51% stake in Elliot & Co Singapore. Vividthree Holdings Ltd. (Catalist:OMK) entered into a Memorandum of Understanding to acquire 51% stake in Elliot & Co Singapore on December 15, 2022. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Royson Wong was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Aug 23
Vividthree Holdings Ltd Appoints Jonathan Zhang to its Board of Directors Vividthree Holdings Ltd. announced that Deputy CEO, Jonathan Zhang ("Mr.Zhang"), will join the Group's board of directors with effect from August 22, 2022. In his current position as Deputy CEO, Mr. Zhang will play an instrumental role in the Group's expansion plans which may include M&A activities. The seasoned leader will also take the reins of the Group's fund-raising activities in the coming months, as the new appointment comes at a critical time of corporate transformation for Vividthree. Aankondiging • Jul 29
Vividthree Holdings Ltd. Approves the Retirement of Hong Wei Chien as Director Vividthree Holdings Ltd. approved the retirement of Mr. Hong Wei Chien as Director, at its AGM held on 28 July 2022. Reported Earnings • Jul 14
Full year 2022 earnings released: S$0.017 loss per share (vs S$0.013 loss in FY 2021) Full year 2022 results: S$0.017 loss per share (down from S$0.013 loss in FY 2021). Revenue: S$2.86m (up 41% from FY 2021). Net loss: S$5.84m (loss widened 30% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 02
Vividthree Holdings Ltd. Appoints Zhang Weiquan, Jonathan as Deputy Chief Executive Officer Vividthree Holdings Ltd. announced appointment of Zhang Weiquan, Jonathan as Deputy Chief Executive Officer, effective from June 1, 2022. Working Experience: 12 November 2021 to present Co-Founder/CEO of SkyArk Chronicles Holdings Pte Ltd. 18 October 2021 to present Director of Gammar Pte Ltd. 1 December 2021 to present Management (Business Advisor) of Have Fun Orchard Pte Ltd. 1 December 2020 to 30 November 2021 Business Consultant of Funtech Solutions 2 September 2019 to 31 October 2020 Management (Business Advisor) of Have Fun TPY Pte Ltd. May 2021 to August 2021 Vice President (Overseas Business) of Qfin Asia Pte Ltd. (360 Digitech) March 2021 to April 2021 Vice President (Overseas Business) of 360 Fintech Asia Pte Ltd. (360 Digitech) 13 August 2019 to 28 February 2021 Chief Operating Officer of Goodwill Entertainment Holding Pte Ltd. January 2019 to July 2019 Director of Carrington RHT Wealth Pte Ltd. February 2016 to November 2016 Head of Business Development & Communications of Pixie Group Limited February 2016 to November 2016 Director of The Mammoth Collaborative Pte Ltd. February 2012 to February 2015 Business Development Manager (Americas) of Pacific Radiance Limited February 2012 to February 2015 Administrator /Country Manager of Radiance Offshore Navegacao (Alagoas) Ltda. Other DirectorShips Past: Other Principal commitment: Gammar Pte Ltd. SkyArk Chronicles Holdings Pte Ltd. Directorship: Whitebox World Pte Ltd. WB Fleming Pte Ltd. BEP Capital Pte Ltd. Rocketerra Pte Ltd. Blank Integrated Pte Ltd. Other DirectorShips Present: Other Principal commitment: SkyArk Chronicles Pte Ltd. Gammar Pte Ltd. Directorship: SkyArk Chronicles Pte Ltd. Gammar Pte Ltd. Nebuula Pte Ltd. (Dormant). Reported Earnings • May 31
Full year 2022 earnings released: S$0.017 loss per share (vs S$0.013 loss in FY 2021) Full year 2022 results: S$0.017 loss per share (down from S$0.013 loss in FY 2021). Revenue: S$2.86m (up 41% from FY 2021). Net loss: S$5.84m (loss widened 30% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Royson Wong was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jul 15
Full year 2021 earnings released: S$0.013 loss per share (vs S$0.002 loss in FY 2020) Full year 2021 results: Net loss: S$4.51m (loss widened 493% from FY 2020). Reported Earnings • May 28
Full year 2021 earnings released Full year 2021 results: Net loss: S$4.50m (loss widened 492% from FY 2020). 