KUALA LUMPUR, March 18 – NASDAQ-listed Agape ATP Corporation (ATPC) has announced a USD 23 million private placement with institutional investors to drive its expansion in healthcare, oil & gas trading, and renewable energy. The placement involves 46 million shares at USD 0.50 per share, issued under Regulation S of the U.S. Securities Act, and is expected to close within 30 business days.
This funding will accelerate ATPC’s strategic projects, including its partnership with Swiss One Oil & Gas AG for large-scale fuel procurement. Prof. Dato’ Sri Dr. How Kok Choong, Founder and Global Group CEO, emphasized the investment’s role in strengthening operations and enhancing shareholder value.
Following the transaction, ATPC’s total issued shares will rise to 50,005,381, with a registration statement filing with the SEC within 45 days to ensure regulatory compliance. This move underscores ATPC’s commitment to innovation, sustainability, and long-term market leadership across high-growth sectors.
