VCI Global To Acquire Stake Worth $1.5M In GlobexUS Holdings
Portfolio Pulse from Benzinga Newsdesk
VCI Global Limited (NASDAQ:VCIG) announced it will acquire a $1.5 million stake in GlobexUS Holdings Corp, subscribing for 500 new shares at $3,000 per share, expanding its business into the digital asset market.
May 31, 2023 | 7:22 am
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VCI Global's acquisition of a $1.5 million stake in GlobexUS Holdings signals its expansion into the digital asset market.
VCI Global's acquisition of a stake in GlobexUS Holdings indicates its intention to expand into the digital asset market. This move could potentially increase the company's revenue streams and diversify its portfolio, which may positively impact its stock price in the short term.
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