Under this engagement, VCI Global will provide consultancy services in equity structure and capital market strategy, facilitate engagements of external professionals namely underwriter, auditor and lawyer; assists in regulatory approval and provide recommendations in compliance and internal control matters.
VCI Global will receive payment in shares throughout the engagement exercise. Subsequently, the estimated income, to be derived from this consultancy service, is in the range of
“We are honoured that our reputation as an IPO consultant is fast gaining recognition within global business communities where we have been engaged by companies from different countries. With the
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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, the completion of the offering, the satisfaction of customary closing conditions related to the offering, the intended use of proceeds from the offering, 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, market and other conditions, 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
CONTACT INFORMATION:
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Source:
2024 GlobeNewswire, Inc., source