VCI Global Limited To Serve As Exclusive Adviser To Horizon Globex GmbH
31 May 2023 - 4:19PM
VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”)
has been engaged by Horizon Globex GmbH, and its affiliates, to
provide advisory services on selected financial consultancy related
services where the terms were formalised in a marketing and
referral agreement signed between the two parties.
VCI Global, in its appointed role, will
introduce and refer entities, including non-fungible token (NFT)
clients, that wish to list on Upstream. A fully regulated global
stock exchange for digital securities and NFTs, Upstream, being a
revolutionary trading app, enables one to dual list their
respective shares on its platform. This role is on top of the
provision of the standard advisory services on capital markets,
exchange listings, client acquisitions and evaluating appropriate
opportunities which are normally provided for by advisory
firms.
In its advisory capacity, VCI Global shall also
be granted territorial exclusivity by Horizon Globex GmbH for
Malaysia, Singapore, and Indonesia, for a period of six months from
the date of the agreement.
“To remain as a leading advisory firm with vast
experience in the global financial market, the dynamism of the fast
evolving financial services world compels us to be at our best, to
meet the demanding needs of global investors. Thus, we strongly
believe the provision of vehicles for dual listing like Upstream to
reach under-tapped markets is nothing short of mandatory,” said
Dato’ Victor Hoo, Group Executive Chairman and Chief Executive
Officer of VCI Global.
About VCI Global Limited
VCI Global is a multi-disciplinary consulting
group with key advisory practices in the areas of business and
technology. The Company provides business and boardroom strategy
services, investor relation services, and technology consultancy
services. Its clients range from small-medium enterprises and
government-linked agencies to publicly traded companies across a
broad array of industries. VCI Global operates solely in Malaysia,
with clients predominantly from Malaysia, but also serves some
clients from China, Singapore, and the US.
For more information on the Company, please log
on to https://v-capital.co/.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains forward-looking
statements that are subject to various risks and uncertainties.
Such statements include statements regarding the Company's ability
to grow its business and other statements that are not historical
facts, including statements which may be accompanied by the words
"intends," "may," "will," "plans," "expects," "anticipates,"
"projects," "predicts," "estimates," "aims," "believes," "hopes,"
"potential" or similar words. Actual results could differ
materially from those described in these forward-looking statements
due to certain factors, including without limitation, the Company's
ability to achieve profitable operations, customer acceptance of
new products, the effects of the spread of Coronavirus (COVID-19)
and future measures taken by authorities in the countries wherein
the Company has supply chain partners, the demand for the Company's
products and the Company's customers' economic condition, the
impact of competitive products and pricing, successfully managing
and, general economic conditions and other risk factors detailed in
the Company's filings with the United States Securities and
Exchange Commission. The forward-looking statements contained in
this press release are made as of the date of this press release,
and the Company does not undertake any responsibility to update the
forward-looking statements in this release, except in accordance
with applicable law.
CONTACT INFORMATION:
Issued by Imej Jiwa Communications Sdn
Bhd on behalf of VCI Global Limited For media queries,
please contact:
Imej Jiwa Communications Sdn
Bhd Chris Chuah Email: chris@imejjiwa.com
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