Vividthree Holdings Ltd. (Catalist:OMK) entered into a Memorandum of Understanding to acquire 51% stake in Elliot & Co Singapore on December 15, 2022. The acquisition presents a sizable opportunity for Vividthree to tap into Elliot & Co.'s extensive network to grow its Post-Production business. Vividthree's investment in Elliot & Co.

will be funded through the Group's internal resources and/or potential fund-raising exercises.