With the new appointment, the group also expresses its appreciation to RHT Capital for its past guidance and sponsorship.
Shares in Vividthree Holdings closed flat at 2.7 cents on Oct 8.
Update
Vividthree has explained that the change in its continuing sponsor was due to "commercial reasons". The company issued a statement on Oct 9 in response to the Singapore Exchange Securities Trading Limited's (SGX-ST) query.
See also: Q&M issues letter of demand to Aoxin Q&M’s group CEO
"The company appreciates the efforts of the previous sponsor and there has been no disagreement," it added.