Legacy Credit emerges as substantial shareholder in VCI Global

Legacy Credit director and CEO Nelson Goh (left) and VCI Global group executive chairman and CEO Datuk Victor Hoo (right).

KUALA LUMPUR: Legacy Credit Sdn Bhd announced a significant investment exceeding a 5% stake through a private placement in Nasdaq-listed VCI Global Limited.

Under this shares placement agreement, Legacy Credit will invest US$2.5mil in VCI Global, positioning Legacy Credit as a substantial shareholder.