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Singapore, 26 September 2018 – Nexia TS congratulates Vividthree Holdings Ltd., an award winning multi-disciplinary creative studio, on its successful IPO listing on SGX Catalist Board on 25 September 2018, placing out a total of 51.8 million shares at an offer price of $0.25 per piece.
Nexia TS acted as the Reporting Auditors supporting in the IPO listing. Hong Leong Finance was appointed as the Issue Manager, Sponsor and Placement Agent for the listing.
Founded in 2006, Vividthree is a virtual reality, visual effects and computer-generated imagery studio, and the brainchild for the effects produced in local movies including “Ah Boys to Men,” “Ah Boys to Men II” and “Ah Boys to Men 3 – Frogmen.” It is also involved in a large-scale 360-degree dome projection mapping project, “The Future of Us,” a futuristic multi-sensory experiential exhibition.
“We are pleased with Nexia TS’ responsiveness and professionalism throughout the listing process. They give us the reassurance to know we are complying with the regulations. They have a good source of technical knowledge and the team is highly responsive to our needs, and provides reporting and schedules that meet our requirements. The team is a great resource to us and it has been a pleasure working with them. We look forward to a long-term relationship.”
Charles Yeo, CEO, Vividthree Holdings Ltd
“Congratulations to Vividthree Holdings Ltd. for its successful IPO listing on SGX. We are proud to be part of the IPO team to assist the company in reaching this milestone as they continue to innovate and develop sophisticated and high quality immersive technology to its audience. As a trusted partner of choice, Nexia TS is committed to deliver relevant and practical solutions to drive the future of our client’s business success.”
Henry Tan, Group CEO & Chief Innovation Officer, Nexia TS
About Vividthree Holdings Ltd:
We are a virtual reality, visual effects and computer-generated imagery studio that develops and creates digital intellectual property assets that primarily consists of storylines with accompanying characters and visual elements. We develop or acquire digital intellectual property assets to produce virtual reality products such as thematic tour shows.
In the course of our business, we will acquire the rights to use intellectual property assets owned by third parties to create and develop suitable virtual reality products. We will license these products for use by third parties or sell to them on an outright basis, according to parties’ requirements from time to time.
In addition, we provide post-production services mainly in visual effects, computer-generated imagery services and other post-production services for our clients, such as film producers, corporate clients and advertising agencies. Please refer to the “Post-production” and “Content Production” sections respectively for more details of our business activities.
Our visual effects and computer-generated imagery works were used by our clients in the movie industry for the films ‘Ah Boys to Men’, ‘Ah Boys to Men II’ and ‘Ah Boys to Men 3 – Frogmen’. We were also involved in a large-scale 360-degree dome projection mapping project, ‘The Future of Us’, a futuristic multi-sensory experiential exhibition which depicted the way Singaporeans could live, work and play in the future.
For more information, please visit http://vividthree.com.
About Nexia TS:
Nexia TS was founded in 1993 by two experienced chartered accountants – Henry Tan and Sitoh Yih Pin. After working as managers for one of the international accounting firms, they saw a vision and an opportunity to establish their own organisation – not any accounting firm – but one which is unique in their personalised and well-qualified expertise.
To date, Nexia TS is recognised as an established mid-tier local accounting firm. We have grown significantly in size over the years. Being an independent member firm of Nexia International, we are affiliated to accounting firms in many parts of the world. This means that our clients will get to enjoy personalised, comprehensive and quality services at competitive rates in Singapore and globally. Our reputation for quality has been recognised by clients and accounting professionals.
As testimony to this, we are among the first few local accounting firms to be accredited by the Institute of Chartered Accountants in Australia to provide supervision of professionals undergoing traineeship to qualify as Chartered Accountants. Headquartered in Singapore, Nexia TS has established a strong presence in various countries across the region. Nexia TS Shanghai is a one-stop centre providing advisory services for foreign-invested enterprises in China. NTS Malaysia and NTS Myanmar provide a full suite of corporate advisory services for our clientele with operations and new foreign investments in the respective countries.
Nexia International is an international network of accounting and consulting firms with origins going back to 1971, making Nexia International one of the longest established networks. Currently, with 30,750 staff serving our clients at 667 offices in 115 countries, it is ranked as the top 10 largest international accounting and consulting network.
For more details, please visit www.nexiats.com.sg.
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Nexia TS is a member firm of the “Nexia International” network. Nexia International Limited does not deliver services in its own name or otherwise. Nexia International Limited and the member firms of the Nexia International network (including those members which trade under a name which includes the word NEXIA) are not part of a worldwide partnership. Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within the Nexia International network is a separate legal entity.