Vividthree Holdings Receives SGX Approval for S\$1 Million Convertible Bonds Issuance

Key Points

• Vividthree Holdings Ltd. (SGX: VVV) will issue S\$1,000,000 worth of convertible bonds to China Music International Limited.
• The Singapore Exchange Securities Trading Limited (SGX-ST) has granted the listing and quotation notice for up to 63,030,303 new shares upon conversion of these bonds.
• The conversion price is fixed at S\$0.0165 per share.
• The bonds are unlisted, interest-bearing, unsecured, redeemable, and convertible into new ordinary shares.
• The transaction is subject to compliance with SGX-ST’s listing requirements.
• This development follows earlier announcements on 30 April 2026 and 19 May 2026 regarding the proposed fundraising.

Details for Shareholders

Shareholders should pay close attention to several aspects of this announcement:

1. Potential Dilution: If all the bonds are converted at the fixed price of S\$0.0165, up to 63,030,303 new shares will be issued, which may have a dilutive effect on existing shareholders’ holdings.
2. Price Sensitivity: The conversion price is set below the current market price (if applicable), which could impact the share price when bonds are converted to shares.
3. Use of Proceeds and Financial Strengthening: The S\$1 million raised via convertible bonds can potentially strengthen the company’s balance sheet and provide additional working capital.
4. Regulatory Compliance: The listing and quotation notice from SGX-ST is a regulatory milestone but does not indicate approval of the merits of the fundraising or the company’s securities.
5. Risk Disclosure: The company advises shareholders and investors to exercise caution and seek independent professional advice before making trading decisions.

Further Details

The bonds are being issued to China Music International Limited under a bond subscription agreement. The bonds are unlisted, interest-bearing, unsecured, and redeemable. Upon conversion, the bonds will be transformed into ordinary shares at S\$0.0165 per share, up to a maximum of 63,030,303 shares. The proceeds from this fundraising initiative may be used for general working capital or other corporate purposes as determined by management.

The listing and quotation notice from SGX-ST was received on 22 May 2026. The company’s sponsor, UOB Kay Hian Private Limited, has reviewed the announcement, but the SGX-ST itself has not examined or endorsed the contents.

The company will continue to update shareholders as further developments arise. Investors should remain vigilant as the conversion of bonds and subsequent enlargement of the share capital could affect the market dynamics and valuation of Vividthree Holdings Ltd.

Contact Information

For further queries, shareholders can contact Mr. Lance Tan, Senior Vice President at UOB Kay Hian Private Limited, located at 83 Clemenceau Avenue #10-01 UE Square, Singapore 239920. Telephone: (65) 6590 6881.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors are advised to consult their own financial, legal, or other professional advisers before making any investment decisions. The Singapore Exchange Securities Trading Limited assumes no responsibility for the contents of this article.

维多三控股有限公司获得新交所可转换债券发行上市通知

要点摘要

• 维多三控股有限公司（Vividthree Holdings Ltd.）将向中国音乐国际有限公司（China Music International Limited）发行总额为100万新元的可转换债券。
• 新加坡交易所证券交易有限公司（SGX-ST）已批准最多63,030,303股新普通股的上市和报价，这些股份将在债券转换后发行。
• 转换价格定为每股0.0165新元。
• 债券为非上市、计息、无担保、可赎回并可转换为新普通股。
• 该事项须符合新交所的上市规定。
• 此前公司已于2026年4月30日和5月19日发布相关公告。

股东需关注的重要事项

1. 潜在稀释效应： 若全部债券按0.0165新元的价格转换，将发行最多63,030,303股新股份，可能导致现有股东持股比例被稀释。
2. 价格敏感性： 转换价格低于当前市场价格（如适用），债券转换为股份时可能影响公司股价。
3. 资金用途及财务增强： 通过发行可转换债券募集的100万新元，有助于增强公司财务状况及营运资金储备。
4. 合规风险： 获得新交所上市通知为合规性重要进展，但并不代表对该融资、公司或证券的认可。
5. 风险提示： 公司建议股东和投资者在交易公司股票时保持谨慎，并寻求独立专业建议。

更多细节

本次债券按照债券认购协议发行，债券为非上市、计息、无担保及可赎回，可按每股0.0165新元的价格转换为普通股，最多可转换为63,030,303股新股。本次募资所得将用于一般营运资金或公司管理层确定的其他用途。

公司已于2026年5月22日收到新交所上市和报价通知。公司保荐人UOB凯贤私人有限公司已审阅本公告，但新交所本身未审查或批准公告内容。

公司将在有进一步发展时继续向股东通报。投资者应密切关注可转换债券的转换及由此导致的股本扩大，因其可能影响公司市值及市场表现。

联系方式

如有疑问，股东可联系UOB凯贤私人有限公司高级副总裁谭先生，地址：新加坡克莱门梭大道83号UE Square #10-01，邮编239920，电话：(65) 6590 6881。

免责声明

本文仅供参考，不构成任何投资建议。投资者在做出投资决策前，应咨询其金融、法律或其他专业顾问。新加坡交易所证券交易有限公司对本文内容不承担任何责任。

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