In a press statement on Tuesday, Mr Yeo noted that VVH is poised for "substantial growth" in the years ahead, and believes in the "natural expansion of the digital content market".
Added Mr Yeo: "We think the combination of our more established business in post-production, and early stage business in content-production, creates an attractive combination of cash flow generation, stronger margins, and meaningful growth potential."
Separately, SGX's head of equity capital market (SME) and head of capital market development, Mohamed Nasser Ismail said VVH is a tech company that is "tapping on the proliferation of innovative technology and the growth of VR and technology-driven immersive entertainment".
"Global tech giants have been investing in augmented and VR, which is touted as the next computing platform. Vividthree is in an exciting space and we look forward to supporting them as they explore new business opportunities locally and internationally."
SGX added that VVH's listing will strengthen the local bourse’s technology cluster, which will now have a total of more than 70 companies, with combined market cap of more than S$70 billion.