Vividthree (SGX:OMK) has agreed to form a joint venture called K.Space with KStar Management to focus on automated family karaoke lounges, according to a Friday filing with Singapore Exchange.
Under the agreement, Vividthree will hold a 55% stake, subscribing to 160,500 shares, while KStar will take a 45% share with 139,500 shares in the joint venture.
The joint venture's capital will be SG$310,000, with initial operations led by Vividthree's CEO, Yeo Eng Pu, Charles. The venture aims to expand Vividthree's entertainment portfolio by leveraging KStar's expertise in karaoke.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。