MM2 acquires 51% of Vividthree productions

For a consideration of $3.06m.

Singapore could look forward to a more active entertainment industry.

RHB Group reports that MM2 Asia will acquire of 51% of Vividthree productions Pte Ltd for SGD3.06m.

Vividthree productions Pte Ltd is a leading player in Singapore’s three-dimensional (“3D”) animation field, specializing in 3D stereoscopic animation, 3D animation and visual effects for feature films and commercials. The acquisition will be completed via both means of cash and shares.

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