Legacy Credit rating Emerges as a Huge Shareholder in VCI Global
Strategic Partnership Position to Lengthen Financial Companies in ASEAN
KUALA LUMPUR, Apr 24, 2024 – (ACN Newswire) – Legacy Credit rating Sdn Bhd (“Legacy Credit rating” or the “Firm”), a recognised entity in the financial services sector, is overjoyed to insist a appreciable investment exceeding 5% stake by a deepest placement in VCI Global Restricted (NASDAQ: VCIG) (“VCI Global”). Under this shares placement settlement, Legacy Credit rating will make investments $2.5 million in VCI Global. This positions Legacy Credit rating as a appreciable shareholder, reflecting its strategic dedication to improving financial alternate ideas and expanding its affect valid by the ASEAN location.
L-R: Nelson Goh, Director and CEO of Legacy Credit rating and Dato’ Victor Hoo, Neighborhood Govt Chairman and CEO of VCI Global
VCI Global, known for its abilities in Company Finance, has a proven observe narrative of facilitating SMEs in achieving Nasdaq listings, which is necessary for companies aiming to faucet into international markets. This partnership is anticipated to leverage Legacy Credit rating’s vital financial community and VCI Global’s technical prowess to foster grand economic development and innovation.
Mr. Nelson Goh, Director and Chief Govt Officer (CEO) of Legacy Credit rating commented, “Our well-known investment in VCI Global is more than a financial venture; or no longer it is a strategic alliance. With this pass, we aim to blend VCI’s esteemed capabilities with our modern approaches to launch up original pathways for ASEAN SMEs on global platforms equivalent to Nasdaq.”
Dato’ Victor Hoo, Neighborhood Govt Chairman and CEO of VCI Global acknowledged, ” We’re happy to welcome Legacy Credit rating as a valued investor. Their self belief in VCIG underscores our reliability and investment doubtless. Legacy Credit rating’s investment will enhance our enterprise, bustle our development trajectory, and force long-term brand for our stakeholders, demonstrating our dedication for added firm development.”
This strategic investment marks a milestone for Legacy Credit rating, highlighting its dedication to facilitating broader economic opportunities and improving its portfolio of financial services. Through this collaboration, Legacy Credit rating objectives to extra its vision of turning in modern alternate ideas that meet the evolving wants of companies in ASEAN and previous.
