Legacy Credit Emerges as a Substantial Shareholder in VCI Global
2024年4月24日 - 7:00PM
JCN Newswire
Legacy Credit Sdn Bhd ("Legacy Credit" or the "Company"), a
recognised entity in the financial services sector, is pleased to
announce a substantial investment exceeding 5% stake through a
private placement in VCI Global Limited (NASDAQ: VCIG) ("VCI
Global"). Under this shares placement agreement, Legacy Credit will
invest $2.5 million in VCI Global. This positions Legacy Credit as
a substantial shareholder, reflecting its strategic commitment to
enhancing financial solutions and expanding its influence across
the ASEAN region.
VCI Global, known for its expertise in Corporate Finance, has a
proven track record of facilitating SMEs in achieving Nasdaq
listings, which is critical for companies aiming to tap into
international markets. This partnership is expected to leverage
Legacy Credit's robust financial network and VCI Global's technical
prowess to foster substantial economic growth and innovation.
Mr. Nelson Goh, Director and Chief Executive Officer (CEO) of
Legacy Credit commented, "Our significant investment in VCI Global
is more than a financial venture; it's a strategic alliance. With
this move, we aim to blend VCIs esteemed capabilities with our
innovative approaches to open up new pathways for ASEAN SMEs on
global platforms such as Nasdaq."
Dato Victor Hoo, Group Executive Chairman and CEO of VCI Global
stated, " We are delighted to welcome Legacy Credit as a valued
investor. Their confidence in VCIG underscores our reliability and
investment potential. Legacy Credits investment will boost our
business, accelerate our growth trajectory, and drive long-term
value for our stakeholders, demonstrating our commitment for
further company growth."
This strategic investment marks a milestone for Legacy Credit,
highlighting its commitment to facilitating broader economic
opportunities and enhancing its portfolio of financial services.
Through this collaboration, Legacy Credit aims to further its
vision of delivering innovative solutions that meet the evolving
needs of businesses in ASEAN and beyond.
Source: Legacy Credit Sdn Bhd
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