Legacy Credit Emerges as a Substantial Shareholder in VCI Global

Unlocking Growth: Legacy Credit’s Strategic Investment in VCI Global

Legacy Credit Sdn Bhd (“Legacy Credit”), a prominent player in the financial services sector, proudly announces a significant milestone in its journey towards fostering economic prosperity. This entails a substantial investment exceeding 5% stake through a private placement in VCI Global Limited (NASDAQ: VCIG) (“VCI Global”). Let’s delve into the details of this transformative partnership and its implications for the financial landscape.

The symbiotic relationship between Legacy Credit and VCI Global extends far beyond the realms of traditional investment. It represents a strategic convergence of expertise, innovation, and vision, poised to redefine the contours of financial empowerment across borders.

Empowering Financial Synergy

Legacy Credit’s strategic decision to invest $2.5 million in VCI Global marks a pivotal moment in its quest for excellence. By solidifying its position as a substantial shareholder in VCI Global, Legacy Credit underscores its dedication to amplifying financial solutions and extending its reach throughout the ASEAN region.

Unveiling Potential: VCI Global’s Expertise

VCI Global has carved a niche for itself in the realm of Corporate Finance, boasting a stellar track record of facilitating SMEs in securing Nasdaq listings. Such listings serve as a gateway for companies aspiring to access international markets, offering unprecedented opportunities for growth and expansion. This partnership is poised to harness Legacy Credit’s expansive financial network and VCI Global’s technical acumen to drive substantial economic progress and foster innovation.

A Visionary Perspective: Insights from Leadership

Mr. Nelson Goh, Director and Chief Executive Officer (CEO) of Legacy Credit, elucidates, “Our investment in VCI Global transcends mere financial implications; it signifies a strategic alliance aimed at reshaping the landscape of ASEAN SMEs on global platforms like Nasdaq. Through synergistic collaboration, we endeavor to merge VCI’s esteemed capabilities with our innovative approaches.”

Dato’ Victor Hoo, Group Executive Chairman and CEO of VCI Global, echoes this sentiment, expressing his delight at Legacy Credit’s endorsement. He remarks, “We warmly welcome Legacy Credit as a valued investor, affirming our credibility and growth prospects. This infusion of capital will catalyze our business endeavors, propelling us towards sustained growth and delivering enduring value to our stakeholders.”

Charting a Course for Growth

This strategic investment heralds a new chapter for Legacy Credit, symbolizing its unwavering commitment to broadening economic horizons and enriching its suite of financial services. Through collaborative endeavors, Legacy Credit aims to realize its vision of pioneering innovative solutions tailored to the evolving needs of businesses in ASEAN and beyond.

In essence, Legacy Credit’s partnership with VCI Global transcends the realms of conventional investment; it embodies a shared vision for progress, prosperity, and pioneering excellence in the ever-evolving landscape of finance. As the journey unfolds, the synergy between these industry stalwarts promises to unlock new avenues of growth and fortify the foundations of economic resilience.

A Bold Vision for the Future

As Legacy Credit and VCI Global embark on this transformative journey together, their shared vision for the future of finance shines brightly. With innovation, collaboration, and a relentless pursuit of excellence as their guiding principles, they are poised to redefine industry standards and unlock new pathways to prosperity. As the global economy continues to evolve, the legacy of this partnership will endure as a testament to the power of strategic collaboration in driving sustainable growth and creating lasting value for generations to come.

About Legacy Credit Sdn Bhd

Legacy Credit Sdn Bhd is a reputable licensed money lending company based in Malaysia. Aside from offering conventional lending services, it also specializes in providing financing options for companies looking to list on the stock exchange through Initial Public Offerings (IPOs).

With its regulatory approval and established track record, Legacy Credit Sdn Bhd serves as a trusted financial partner for businesses seeking capital infusion for expansion and growth opportunities.

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Legacy Credit Sdn Bhd

For more information, please contact:

• Jazzmin Wan
• Tel: +60 17-289 4110
• Email: j.wan@swanconsultancy.biz
• Xinyi Ching
• Tel: +60 19-337 9099Email:x.ching@swanconsultancy.biz