Vividthree Holdings Ltd. announced it has signed a memorandum of understanding (MOU) with Guangdong Sky City Culture and Entertainment Co. Ltd. to develop gaming arcade centres in Southeast Asian markets starting with Singapore. The MOU outlines a strategic partnership for both companies to establish arcade businesses in Southeast Asia, starting with Singapore.

Sky City has over 13 years of experience developing, operating and promoting family entertainment concepts; and Vividthree will leverage its expertise in digital media creation and production to enhance arcade gaming offerings, especially in the areas of VR/AR games and globally recognised IP management.