Vividthree Enters into MOU with Malaysia Institute of Economic Research and Science Discoveries Sdn Bhd
07 Nov 2019
- Appointed as Exclusive Technology Provider for Tourism Mixed Development Project- HeurêkaLand
Vividthree Holdings Ltd. (SGX: OMK), a virtual reality, visual effects and computer-generated imagery production studio is delighted to announce that it has entered into a Memorandum of Understanding (“MOU”) with the Malaysia Institute of Economic Research (“MIER”) and Science Discoveries Sdn Bhd (“SD”) as the exclusive immersive technology, gamification and IT production provider for the HeurêkaLand Project, which is worth a total estimated value of RM1.3 billion.
SD has also appointed Vividthree as its exclusive partner in technology support, content creation and the main contractor for all its immersive experience projects.
Through this exclusive partnership, Vividthree will provide technological expertise and content development for the HeurêkaLand Project. The immersive experience and entertainment content for the project is budgeted at an estimated RM130 million (S$43 million). Through the strategic partnership with SD, Vividthree looks forward to greater growth in Malaysia, and future opportunities through SD’s network and strong pipeline of projects.