Movies and Entertainment(IN30163.SG)

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Vividthree is being pursued by UOB for the repayment of a loan of 1.17 million yuan | Lianhe Zaobao

Media production company Vividthree received a debt collection letter from UOB, demanding repayment of approximately HKD 1.17 million in outstanding loans and interest. The company announced on January 7 that its money market credit facility and transitional loans under its corporate financing plan have been terminated, requiring repayment of HKD 1.1695 million within seven days. Vividthree stated that it has engaged with UOB to discuss alternative repayment options and is exploring other financing methods with multiple parties, and has not received any other legal action notifications

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Vividthree Faces S$1.17 Million Loan Repayment After UOB Terminates Facilities

Vividthree Holdings Ltd. faces a S$1.17 million loan repayment after United Overseas Bank terminated its money market line and temporary bridging loan facilities, demanding immediate repayment. The loans were part of a Covid-19 support scheme. The company is seeking alternative settlement arrangements and fundraising options, emphasizing that its ability to continue operations depends on these efforts. Shareholders are advised to exercise caution as the board believes trading can proceed orderly. The latest analyst rating for Vividthree stock is a Hold with a S$0.02 price target.

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Vividthree Holdings Announces Receipt Of Letter Of Demand

Jan 7 (Reuters) - Vividthree Holdings Ltd (VIVI.SI) :* RECEIPT OF LETTER OF DEMAND* LENDER TERMINATED FACILITIES & ALL OUTSTANDING SUM FACILITIES OF S$1.2 MILLION IS IMMEDIATELY DUE Further company coverage: (VIVI.SI)

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mm2 Asia Subsidiary Faces S$200,000 Payment Demand from Ace Financial

mm2 Asia Ltd.'s subsidiary, mm2 Entertainment Pte. Ltd., has received a S$200,000 payment demand from Ace Financial Services, citing non-payment under a 2022 agreement. The company is seeking legal advice and warns shareholders of potential litigation risks. The latest analyst rating for mm2 Asia Ltd. is a Sell, with a price target of S$0.01, reflecting short-term uncertainty regarding its financial obligations.

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Noontalk Media Enters Partnership Agreement With Merak Holdings

Noontalk Media Ltd :STRATEGIC PARTNERSHIP AGREEMENT WITH MERAK HOLDINGSPARTNERSHIP FOR COLLABORATION EFFORT TO IMPROVE NTM'S OPERATIONAL EFFICIENCY, OTHERS

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