Tag: Vividthree

Singapore – Vividthree Holdings, a digital content production company, announced that it has signed a memorandum of undertaking (MoU) with ZKDigimax (ZKDM), a joint venture between ZKTeco and DMMX, to deliver a complete and holistic DOOH media experience for both their existing and potential clients. 

Through this strategic collaboration, both Vividthree and ZKDM can leverage their companies’ expertise in order to improve their resources and boost overall efficiency for mutual benefit. Additionally, this partnership opens up new platforms for collaboration with location owners, paving the way to explore DOOH as a revenue center. 

Vividthree will gain exclusive rights to offer DOOH hardware, a content management system, and cutting-edge AI technology from ZKDM to be marketed across both Vividthree’s new and existing clients. 

Meanwhile, ZKDM will refer content creation requirements exclusively to Vividthree, leveraging the company’s expertise in visual effects and content creation. 

With the union of  ZKDM’s market-leading position in the provision of smart OOH hardware applications such as AI-powered digital signage, LED wall displays, transparent LED screens, etc., and Vividthree’s strong track record in creating effective and impactful DOOH campaigns, the companies ensure their clients an all-round DOOH media experience that will effectively meet their advertising goals. 

The MOU encompasses a 12-month exclusive relationship between both parties in Singapore and Malaysia. 

According to Jonathan Zhang, chief executive officer of Vividthree, “This collaboration brings together the formidable strengths of ZKDM, a renowned total technology solution provider, and Vividthree, an influential digital content production powerhouse. Through this strategic alliance, we are not only equipped to offer cutting-edge hardware and software solutions but also possess the prowess in content creation. As a result, our partnership emerges as an end-to-end advertising solutions provider, catering to every aspect of our clients’ needs.”

Zhang added, “Our combined efforts empower us to present an all-encompassing DOOH media solution, allowing our clients to realize their advertising goals through seamless and immersive entertainment experiences. Together, we envision a future of innovation and transformation, shaping the trajectory of this dynamic industry.” 

Meanwhile, Supardi Tan, chief executive officer of ZKDigimax also commented on the partnership saying, “Prepare to witness a revolutionary leap in the industry as ZKDM and Vividthree unite their unparalleled expertise. This partnership brings together the dynamic capabilities of ZKDM as a total technology solution provider and the creative prowess of Vividthree in the digital content industry. As a result of this formidable collaboration, we now stand as a comprehensive end-to-end advertising solution provider, offering a perfect fusion of cutting-edge hardware, advanced software, and captivating content creation. But our impact doesn’t stop there.” 

Tan added, “This partnership introduces a groundbreaking approach to advertising, seamlessly integrating content with technology to create an entirely new realm of customer experience and engagement. Together, we embark on an exciting journey to redefine the boundaries of what’s possible in the world of advertising and leave an indelible mark on the industry landscape.” 

Singapore – Immersive media company Vividthree Holdings has announced that it has entered into a definitive conditional sale and purchase agreement (SPA) with one of the leading PR agencies in Singapore and Malaysia, Elliot Communications 

The group will invest S$775,393 in cash for new and vendor shares, acquiring a 30% stake in Elliot & Co. The SPA is expected to be completed by 30 April this year. 

The SPA also details a call option agreement with Elliot & Co., allowing the group to acquire another 21% stake for at least S$1.98m should Elliot & Co. achieve a net profit of not less than S$0.90mbetween FY2023 and FY2025, bringing the latter’s share to 51%.

With the acquisition, Elliot & Co. will help broaden Vividthree’s service portfolio and bolster value for customers. It will likewise complement Vividthree’s core business of digital content production and is in line with its ambition to expand its footprint in the communications industry. 

Moreover, the partnership will enable Vividthree to leverage Elliot Communications’ network and expertise to enter new markets and capitalise on emerging opportunities in Southeast Asia.

“Our partnership with Elliot & Co. will broaden our portfolio of services and reinforce our presence in the APAC region. With this acquisition, we are well positioned to enhance our reputation and build stronger relationships with stakeholders, which will drive value for our shareholders and enable us to better serve our clients,” said Jonathan Zhang, chief executive officer of Vividthree.

Zhang also added that the decision to partner with Elliot & Co. was based on the latter’s commitment to customer satisfaction, remarkable growth trajectory, and shared values.

Meanwhile, Jeremy Foo, founder of Elliot & Co., shared his excitement over further integrating the firm’s services and offering their clients new ways to thrive in the digital era through the acquisition.

“By combining our expertise in media engagement with Vividthree’s proven leadership in content production, we are now able to offer our customers with a comprehensive suite of content management and communications services, providing us with a competitive edge as we move into 2023 and beyond,” he concluded.

Singapore – Elliot & Co., the public relations consultancy with offices in Singapore, Malaysia, and Indonesia, has announced today that Vividthree Holdings, a diversified and Catalist-listed entertainment company, will be acquiring up to 51% stake in the former. Vividthree is a company that specialises in the production of immersive experiences with mixed technologies. 

Elliot & Co. is focused on the Southeast Asia region and mainly serves start-ups and SMEs. Since its inception in 2017, the PR consultancy firm has grown to establish offices in three markets, serving more than 1,000 clients. 

Its founder, Jeremy Foo, said, “It is an exciting time for Elliot & Co. as this announcement heralds a new level of opportunity and breakthrough that we foresee will come. Vividthree’s expertise will be invaluable to us as we seek to establish ourselves as a leader in our industry, and despite the uncertain economic situation as we enter 2023, the best is yet to come.” 

Elliot & Co. was previously called Prospr Communications before rebranding in 2020.