Legacy Credit Emerges as a Substantial Shareholder in VCI Global
KUALA LUMPUR, Apr 24, 2024 - (ACN 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").
- KUALA LUMPUR, Apr 24, 2024 - (ACN 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.
- Dato Victor Hoo, Group Executive Chairman and CEO of VCI Global stated, " We are delighted to welcome Legacy Credit as a valued investor.