KUALA LUMPUR, May 3 – Legacy Credit Sdn Bhd (“Legacy Credit”) has announced a significant investment exceeding a 5% stake in VCI Global Limited (NASDAQ: VCIG) (“VCI Global”), a renowned player in Corporate Finance. With a private placement totaling $2.5 million, Legacy Credit solidifies its position as a substantial shareholder, signaling its strategic commitment to expanding financial services across the ASEAN region. VCI Global’s expertise in facilitating Nasdaq listings for SMEs, coupled with Legacy Credit’s extensive financial network, is poised to foster significant economic growth and innovation.
Mr. Nelson Goh, Director and CEO of Legacy Credit, emphasized the strategic nature of the investment, aiming to blend VCI’s capabilities with Legacy Credit’s innovative approaches to provide new opportunities for ASEAN SMEs on global platforms. Dato’ Victor Hoo, Group Executive Chairman and CEO of VCI Global, expressed enthusiasm about Legacy Credit’s investment, highlighting its potential to accelerate growth and create long-term value, showcasing a mutual commitment to further company expansion.
