Corporate Profile

VinVest Capital Holdings Berhad (f.k.a. Vivocom Intl Holdings Berhad) was incorporated in 2002 as I-Power Technologies Sdn Bhd, and within 3 short years, they were successfully listed on the MESDAQ Market (now known as ACE Market) of Bursa Malaysia Berhad in 2005.

The Company commenced it business in the technology sector in 2002, however had since pivoted and diversified into other industries. The Group entered into the construction industry when it acquired Neata Aluminium (Malaysia) Sdn Bhd and Vivocom Enterprise Sdn Bhd, who were undertaking construction and aluminium fabrication works. The Group changed to its present name, VinVest Capital Holdings Berhad, on 2 July 2021.

In 2021, the Group continued its expansion by acquiring the V Development Group for RM171 million. Subsequent to that, the Group further diversified and expanded its business when it ventured into international trading of commodities and minerals for international markets in February 2021 and May 2021 respectively.

Board of Directors

AR. LIM TONG HOCK

A Malaysian and aged 71, Ar. Lim Tong Hock (“Ar. Lim”) was appointed as an Independent Non-Executive Director and as the Chairman of the Board of Directors on 1 April 2015. He is also a member of the Audit & Risk Management, Nomination and Remuneration Committee of the Company.

Ar. Lim Tong Hock began his training as assistant architect in 1980 in the architects’ department of Borough of Haringey, London, after obtaining his Bachelor’s degree. Subsequently, he worked for Briffa Phillips Chartered Architects in London before returning to Malaysia to join a private architectural practice in Kuala Lumpur in 1984. In 1990, he obtained his corporate membership to practice as an architect and set up his own practice under the name of ADL Architect. He has vast experience in designing and managing projects such as hotels, housing, industrial and institutional buildings.

DATO’ SERI CHIA KOK TEONG

A Malaysian and aged 63, Dato’ Seri Chia Kok Teong (“Dato’ Seri Chia”) was appointed as the Chief Executive Director on 3 January 2020.

Dato’ Seri Chia obtained his Bachelor of Economics (Majoring in Accounting) from Monash University, Australia in 1988. Upon graduation, he started his career in Australia before returning to Malaysia, working in various roles ranging from accounting, financial controllership, business development, strategic planning, business advisory and consultancy in several respectable and reputable corporations.

Dato’ Seri Chia has more than 30 years of extensive experience in the corporate sector, particularly in the area of corporate management, corporate advisory and strategies including turn-arounds of companies and mergers and acquisition, equities and investment across a wide range of business industries.

MR. TAN CHUEK HOOI

A Malaysian and aged 64, Tan Chuek Hooi (“Mr. Tan”) was appointed as the Executive Director of the Group on 21 May 2021.

Mr Tan graduated from University of Windsor, Ontario, Canada in 1983 with a Bachelor of Commerce (Honours) in Business Administration majoring in Accounting and minoring in Business Statistics.

He started his career as an accountant with United Computers Sdn Bhd in 1984. In 1986, he joined Imagineering Sdn Bhd as its Finance Manager, where he was responsible for the implementation of the company's operation procedure. In 1987, he accepted an appointment from Tech Pacific NZ Ltd in Auckland New Zealand, where he acted as its Finance Manager. During his stay, he was in charge of, among others, the company system administration, credit control and financial accounting. After seven years working in New Zealand, he then returned to Malaysia and later joined Tele Dynamics Sdn Bhd as its Financial Controller. He was mainly responsible for maintaining the company's whole financial system which included, among others, treasury function, financial accounting, corporate planning and cash flow management. He joined V Development Sdn Bhd since October 2014 and is responsible for day-to-day operations of the V Development Group. V Development Sdn Bhd is a 45% owned subsidiary company of the Group.

MR. CHOO SENG CHOON

A Malaysian and aged 50, Choo Seng Choon (“Mr. Choo”) is an Independent Non-Executive Director. He was appointed as Chairman of Nomination and Audit and Risk Management Committee and also member of Remuneration committee on 15 April 2025.

Mr. Choo is a Fellow Member of the Association of Chartered Certified Accountants, a Certified Public Accountant of the Malaysian Institute of Certified Public Accountants, a Certified Internal Auditor of the Institute of Internal Auditors Inc., a Chartered Member of the Institute of Internal Auditors Malaysia and a Chartered Accountant of the Malaysian Institute of Accountants. He also holds a Diploma in Financial Accounting from Tunku Abdul Rahman College, Kuala Lumpur.

He has over 25 years of professional experience that includes internal audits, risk management, investigations, business management consulting, business process re-engineering, corporate governance advisory, due diligence, financial projections and financial audits, and is currently managing his own corporate consultancy firm. He also sits on the board of directors of Hua Yang Berhad, LTKM Berhad and EA Holdings Berhad,

MR. TAY MUN KIT

A Malaysian aged 48, Mr. Tay Mun Kit (“Mr. Tay”) was appointed as the Independent Non-Executive Director on 18 December 2012. He is also a Chairman of the Remuneration Committee and member of Audit and Risk Management Committee of the Company. On 21 February 2025, he was re-designated as Non-Independent and Non-Executive Director.

Mr. Tay is a Fellow Member of the Association of Chartered Certified Accountants and a Chartered Member of the Malaysian Institute of Accountants. He has over 25 years of professional experience in corporate management and consultancy including finance and accounting, financial audit and due diligence, company secretarial matters and corporate exercises. He is currently an accountant for a commercial company.

MS. WONG WAN ROU

A Malaysian aged 36, female, Wong Wan Rou was appointed as the Non-Independent Non-Executive Director on 30 June 2023.

Wong Wan Rou obtained her Bachelor Degree of Accountancy from University Putra Malaysia (UPM) in 2012. She is a Chartered Accountant of the Malaysian Institute of Accountants and member of the Certified Practicing Accountant (Australia).

Wong Wan Rou has more than 10 years of professional and commercial experience in various industries which includes audit, telecommunications and IT industries, retail & trading, property investment and property development. After obtaining her degree in accountancy in 2012, she joined Crowe Malaysia PLT as an audit assistant. During her tenure in the audit firm, she was involved in the auditing process of clients in various industries. She subsequently joined Knusford Berhad, a company listed on the Bursa Malaysia for a short period of time as an accountant before joining the Asian International Arbitration Centre (AIAC), a not-for-profit organization, as its Deputy Head of Finance in 2018. She left AIAC to join EA Holdings Berhad in 2019. She also sits on the board of directors of EA Holdings Berhad currently.

Group Structure

TELECOMUNICATION INFRASTRUCTURE

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NEATA ALUMINIUM

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VIVOCOM ENTREPRISE

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NEATA ALUMINIUM

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VIVOCOM THANKS BURSA MALAYSIA, EXPRESSES PROFOUND APPRECIATION TO SHAREHOLDERS! - Bernama

KUALA LUMPUR, Feb 15 (Bernama) -- Vivocom Int'l Holdings Berhad ('Vivocom') has expressed its 'appreciation' to Bursa Malaysia Securities Berhad for its approval of the multiple proposals submitted in on 30th December 2020, a corporate move that would usher in an exciting period for as well as strengthening the overall corporate structure of Vivocom.

Its CEO Dato Seri Chia Kok Teong praised Bursa for its constant efforts to create a vibrant equity market, and personally attested to the exchange's pledge of 'creating opportunities, growing value' as "one that's real and more than just a tagline".

"Like many other companies, Vivocom is indeed grateful to Bursa's for its continuous efforts in fostering a conducive capital market for its members to grow and create wealth for the nation," said Dato Seri Chia.

"We had submitted our proposals in December 2020, and Bursa had reverted promptly and approved them; an impressive turnaround time. Accordingly Vivocom is now ready to begin its journey of transforming itself, as an Investment Holding company."

Last Thursday, Vivocom had announced that Bursa had approved the various proposals submitted which can be read here or the link in full: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3128515.

Dato' Seri Chia also expressed his profound gratitude to all shareholders for having supported the Company, and is looking towards stronger support to continue into the long term.

"My Board and Management team are totally committed to building Vivocom into a reputable public company, with sound and sustainable fundamentals of solid profits and healthy cashflow," he said.

"We are very focussed in transforming Vivocom into a behemoth Conglomerate, via organic or inorganic growth, including expansive M&A (merger and acquisition) activities which may result in us acquiring strategic stakes in other Public Listed Companies for investment holding purposes," Dato Seri explained.

"We shall always act in Shareholders' best interests and, as a priority, would work towards getting Vivocom elevated to the Main Board of Bursa soonest possible," he added.

"We will also do our utmost to maximise Vivocom's earnings in the coming years in order to reward our shareholders with a handsome dividend pay-out at the earliest opportunity," Dato Seri continued.

To show his dedication, Dato Seri Chia has committed to a voluntary self-imposed moratorium (or SIM) in that he will not dispose his personal stakes in Vivocom for the next 3 years.

"I am strongly focussed on 'building the Vivocom legacy' while creating wealth for all shareholders of Vivocom for the long term," he promised.

"My SIM means that I won't be cashing in on my personal stakes in the immediate term or at least for the next 3 years. I'm supremely confident of maximising the wealth of Vivocom in the long run.

"In other words, I believe Vivocom shares will grow strongly over time and will be worth a lot more than the pre-Chinese New Year price of 89 sen," concluded Dato Seri Chia.

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VIVOCOM CEO UPBEAT ABOUT GROUP'S PROSPECTS WITH SELF-IMPOSED THREE-YEAR MORATORIUM - Bernama

KUALA LUMPUR, Feb 22 (Bernama)-- Vivocom Int'l Holdings Berhad (stock code: 0069) Group CEO Dato' Seri Chia Kok Teong's voluntary self-imposed moratorium (SIM) serves as testimony to his vision of transforming Vivocom into a multi-billion group within the next few years. He is therefore dedicating all his efforts to creating wealth for all shareholders in the long term.

In an announcement to Bursa Malaysia on 5 November 2020, the company had announced that Dato' Seri Chia had committed that he would not sell his personal stakes in Vivocom in the open market for the next three years.

In an announcement a fortnight ago, the Company had also disclosed to Bursa Malaysia that the Company's corporate assets injection proposals submitted in December 2020 had already been approved by the relevant authorities.

Dato' Seri Chia explained that the main purpose of his SIM is to instil confidence in the public of his long-term vision and plans of transforming Vivocom into a 'formidable and profitable force'.

The SIM by Dato' Seri Chia is significant, as, by committing to not sell his personal stakes in the open market for the foreseeable future, Dato' Seri Chia hopes to inspire shareholders to show more faith and belief in his leadership and stewardship of Vivocom for the years ahead.

Even the private placement shares taken up by Golden Key Portfolio Sdn Bhd has a moratorium period of 12 months, a condition imposed on the insistence of Dato' Seri Chia.

Additionally, this would also serve to attract new and long-term investors into Vivocom and give the Company's shares long term price stability and sustainability.

"It would be ideal if the Company's shareholders adopt a long-term view as I do with my three-year SIM. It takes time to transform a company into a long-term success and I will work relentlessly towards such a goal," Dato' Seri Chia stated.

Moreover, as the Company's CEO and single largest shareholder, the SIM clearly shows that Dato' Seri Chia already has a clear plan with a long-term vision and supreme confidence in Vivocom's future, the company said in a statement.

Big Ambitions & Long-Term Vision

"We want a stable and strong share price so that Vivocom can use its shares as a currency to pursue strategic merger and acquisition (M&A) activities as part of our future growth strategies," said Dato' Seri Chia.

"We seek to acquire companies with game-changing and disruptive strategies in their businesses to add to or help transform Vivocom's business models. We must adapt to a constantly changing or digitalised world and look at new and different ways of doing business better going forward," he added.

"We are also looking at businesses within the renewable energy and digital technologies segments. These two segments would add to our existing businesses," he continued, adding that Vivocom will be focusing on companies with proven track record of success.

High Growth Mergers & Acquisitions Strategy

In addition, the Vivocom Group is also constantly looking for exciting businesses that are pioneers in their respective markets with 'explosive growth potential and super abnormal earnings'.

Dato' Seri Chia explained that Vivocom aims to find the "next Grab, Netflix or Tesla; in other words, 'industry disruptors with explosive growth potential'.

"The Company is studying all avenues for 'blockbuster' growth, both organic or inorganic, and it may even lead us to acquiring strategic stakes in other Public Listed Companies for investment holding purposes. We have already begun to explore several such initiatives. Our goal is to transform our earning capabilities dramatically," he said.

Long Term Dedication, Patience & Perseverance

"Going forward, the Company and its shareholders must show patience, persistence and perseverance. Success does not occur overnight. However, I am confident that we can attain stunning success in time to come. It will definitely be a worthwhile journey," said Dato' Seri Chia.

"Since joining Vivocom in January 2020, the Company's share performance has grown from 15 sen to presently 93.5 sen at last Friday (19th February)'s close. I am grateful to our shareholders for their show of faith and belief in Vivocom."

"I am even more optimistic that Vivocom's shares will continue to perform strongly as the best is yet to come. We are pursuing M&A deals and exploring business opportunities non-stop. We are confident that the future looks promising and very bright indeed," Dato' Seri Chia stated.

"We are also close to finalising a few substantial size mega projects on multiple fronts and, once secured conclusively, we will make the necessary announcements. These projects will contribute very significantly to Vivocom's profits and cashflow. So do keep track of Vivocom's affairs closely and wait for the good news."

"Vivocom's share is undoubtedly strong and resilient with splendid liquidity rarely seen in an ACE company. We would upgrade to the Main Board as soon as the opportunity arises and pay dividends whenever we can."

"We would like to reward our long term shareholders for their loyalty and faith shown in the Company," concluded Dato' Seri Chia.

Vivocom's share has seen a meteoric rise since Dato' Seri Chia first bought into the Company in January 2020 when, as mentioned earlier, the share price was at 15 sen.

It closed at 93.5 sen last Friday (19th February), representing a staggering 623% rise since Dato' Seri Chia's entry into Vivocom - and with further upside potential given the CEO's vision, determination and resourcefulness to transform the Group into a behemoth Conglomerate.

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VIVOCOM TO CHANGE TO VINVEST CAPITAL HOLDINGS BERHAD! - Bernama

KUALA LUMPUR, Feb 23 (Bernama) -- In a filing to Bursa Malaysia this evening, Vivocom Int'l Holdings Berhad ('Vivocom') announced that it will be changing its name to VinVest Capital Holdings Berhad, or 'VinVest' for short.

The proposal for name-change to VinVest Capital Holdings Berhad has been submitted to Bursa Malaysia and will go through a vetting due process before the change can be effected.

Meanwhile CEO Dato' Seri Chia Kok Teong explained that the new name embodied the Group's aspirations for 'exponential growth ahead', and is a reflection of it transforming eventually into a 'behemoth conglomerate' within the next few years.

"The past few months have been monumental for the Vivocom Group when we have achieved new milestones and our corporate history rewritten," said Dato' Seri Chia.

"It will undoubtedly be an 'exciting journey' ahead and we believed the timing was right to re-brand and re-position our new mission and vision going forward."

The Group's new gold logo serves to reflect the Group's growth aspirations, with the wings beneath the 'V' symbolising "a Rising Phoenix flying ever higher where the sky's the limit in a World where opportunities abound".

"Gold is often associated with prestige, influence and purity. It is also inherently optimistic, uplifting and invigorating," explained Dato' Seri Chia.

He added that the colour gold also serves to represent the Group's pivot towards "strong immense growth in profits, stature and ultimately in creating massive wealth for shareholders in an honourable and dignified manner."

"We are aware of the legacy issues associated with our Group, and the misconception that we are a pump-and-dump counter. I would like to dispel such a notion conclusively as the shares are now on a steady, steadfast and stable path."

"We are proud of the enormous interests and followings in the Company's shares which are simply pure market forces driving in tremendous liquidity and momentum," Dato' Seri Chia assured.

The Company's share price was 15 sen when Dato' Seri Chia first bought into Vivocom in January 2020, and has been rising steadily since then. It closed at RM0.975 on Monday, 22nd February 2021. This represented a staggering 650% increase from January 2020.

"My self-imposed moratorium or SIM, was a notable first in the market. My SIM is my long-term commitment to the company in that I will not sell any of my personal stake for 3 years - and possibly even 5 years. This will ensure the company's long-term price stability and sustainability."

"We want a stable and strong share price so that the Company can use its shares with its high liquidity as a currency for M&A activities to fund and fast-track expansion and growth," he said.

"A strong share with high liquidity is a most valuable and prized asset. We will use it to buy Companies with game-changing and disruptive strategies to help transform or enhance our own income generation capabilities. To look for the Next Big Thing."

Vivocom is currently seeking businesses within the renewable energy and digital technologies segments. These two segments would add to our existing businesses" Dato' Seri Chia shared.

"My team and I are committed to building Vivocom into a reputable public company. One with exciting exponential growth yet with sound and sustainable fundamentals of solid profits and healthy cashflow.

"Going forward, the Group and shareholders must show patience, persistence and perseverance as success may not occur overnight. You have my word however that we will do everything possible to upgrade to the Main Board of Bursa Malaysia and be dividends paying soonest possible."

"Of course its goes without saying, may Vivocom's shares keep soaring like the Phoenix rising ever to the Skies," added Dato' Seri Chia.

"For the long term, we aspire to emulate Berkshire Hathaway strategy started over 40 years ago by Mr Warren Buffet. Mr Masayoshi Son built SoftBank Group along the same philosophy and Alphabet in US adopted similar strategies."

"These three companies are presently amongst the most valuable and admired companies in the world. I have the same dream for VinVest Capital Holdings Berhad going forward. A New Era Has Just Begun!" concluded Dato' Seri Chia.

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VIVOCOM GROUP'S 'GAME CHANGER': MULTI-BILLION SAND PROJECT SECURED - Bernama

KUALA LUMPUR, 26 Feb (Bernama) -- In a filing to Bursa Malaysia this evening, Vivocom Int'l Holdings Berhad ('Vivocom') announced that V Development Group via one of its subsidiaries has secured a 'massive win' worth approximately USD934.7 million or the equivalent of RM3.79 billion.

Rain International Sdn Bhd ('Rain International') is a 97% owned subsidiary under the V Development Group which was recently merged into the Vivocom Group. The Company's proposed acquisition of V Development Group had been recently approved by the relevant authorities.

Rain International is principally involved in the mineral trading and exportation business, supplying sand to clients mainly in Hong Kong and China for reclamation and construction works.

It had signed a contract for the supply of marine sand for a minimum period of three years.

The contract is for the supply of sand to Zhen Hua Engineering Company Ltd-China Communications Construction Company Ltd-CCCC Dredging (Group) Company Ltd. (ZHEC-CCCC-CDC), a Joint Venture contractor appointed to undertake the main reclamation works for the Hong Kong International Airport Three Runway System Project.

Director Mr William Chan Ching-Kee said: "As the appointed agent for the ZHECC-CCCC-CDC Joint Venture, we are looking forward to the exportation of sand from Malaysia to our client in Hong Kong to commence without any further delay."

Vivocom CEO Dato' Seri Chia, in turn, is optimistic that the contract would be extended for another two to three years and could potentially generate revenue of up to RM6 billion.

"The sand business is a major boost because it gives us tremendous visibility. The potential revenue is huge, recurring and highly scalable," a jubilant Dato' Seri Chia Kok Teong expressed.

"The potential for explosive growth in the sand business is real and tangible, and bodes well for the Vivocom Group in forthcoming years."

"We are starting with 3 years but the contract can easily be increased to 5 years and beyond, with higher tonnage shipped every 6 months. The exportation of sand will increase sharply over time," he added.

Besides the reclamation works for the Hong Kong International Airport, the rapid pace of construction and reclamation works in China and Singapore also requires heavy demand for sand, which is a considerable boon to Malaysia.

"The market for sand export is extremely humongous and will fuel the Group's rapid growth for several years. This RM3.79 billion 'Win' is the first of many more to come."

"I have in fact urged my team to secure up to RM10 billion worth of sand contracts by the end of 2021. This is part of our overall transformation strategy, which is to emerge as a multi-billion conglomerate," declared Dato' Seri Chia.

"It is our core strategy to strengthen and diversify the Group's revenues generation capabilities and capacities and not be too narrowly focussed."

"Presently, we are already in negotiations for another RM2 to RM3 billion worth of additional sand contracts. Once finalised, we will make the relevant announcement as per Bursa Malaysia's requirements," Dato Seri Chia elaborated.

The sand would be procured from an approved permit holder to export sand overseas, and sourced from concession areas in Sandakan and Sungai Beluran in Sabah and throughout Malaysia.

"Even with this massive sand contract already secured, we will not be complacent. I have earlier promised to transform Vivocom into a behemoth Conglomerate and I will work non-stop to deliver on the promise," Dato Seri assured.

Since Dato Seri Chia's entry into Vivocom in January 2020 when its price was at 15 cents, the share has climbed sharply and last closed at RM1.06 on Thursday, 25th February 2021.

"I am very optimistic that Vivocom shares will continue to grow strongly and be worth a lot more than presently over time. I'm proud to say that we are no longer a penny stock," he noted.

"My team is totally committed to building Vivocom into a reputable and profitable public company, one with solid fundamentals, sustainable profits and healthy cashflows."

"As a priority, we will work towards getting the Group elevated to the Main Board of Bursa Malaysia and be a dividend-paying company soonest possible," quipped Dato Seri.

To show his commitment, Dato Seri Chia has undertaken a voluntary self-imposed moratorium (or SIM) in that he will not dispose his personal stakes in Vivocom for the next 3 years. This will ensure the company's long-term price stability and sustainability.

"We want a stable and strong share price so that the Company can use its shares with its high liquidity as a currency for M&A (merger and acquisition) activities to fund and fast-track expansion and growth," he explained.

"A strong share price with high liquidity is a most valuable and prized asset. We will use it to buy Companies with game-changing and disruptive strategies. In other words, we are also on the lookout for the 'Next Big Thing'."

"The Company's enormous following-reflected in the share's tremendous liquidity and momentum - is expected to give our share price added impetus," Dato Seri proudly asserted.

"We aspire to emulate Berkshire Hathaway's strategy started over 40 years ago by Mr Warren Buffet. Mr Masayoshi Son had also built the SoftBank Group of Japan along the same philosophy just as Alphabet in the United States adopted similar strategies."

"These three companies are presently amongst the most valuable and admired companies in the world. I have the same dream for Vivocom. I am determined to leave behind an enduring legacy for all our valued shareholders," concluded Dato Seri Chia.

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VIVOCOM REWARDS ITS LOYAL SHAREHOLDERS WITH GENEROUS BONUS WARRANTS - Bernama

KUALA LUMPUR, March 3 (Bernama) -- Vivocom Intl Holdings Berhad ("Vivocom" or "Company") would like to announce the Board's intention to undertake a bonus issue on the ratio of one bonus warrant for every three (1:3) ordinary shares held on an entitlement date to be determined later ("Proposal").

The Proposal is currently pending shareholders' approval which shall be sought at an extraordinary general meeting to be convened upon procuring Bursa Malaysia Securities Berhad ("Bursa Securities") approval for the listing of the bonus warrants.

After due consideration, the Board had decided on the bonus warrant issuance as the Proposal would:-

i. Reward existing shareholders for their loyal support by enabling them to participate in a derivative of the Company without incurring any costs;

ii. Provides the shareholders with an opportunity to further increase their equity participation in the Company by exercising the Warrants at a pre-determined price during the exercise period.

iii. Allow shareholders to benefit from potential capital appreciation from the exercise of the Warrants;

iv. Further strengthen the capital base of the Company with the proceeds from the exercise of Warrants; and

v. Progressively raise proceeds as and when the Warrants are exercised to fund the working capital requirements of the Group.

The bonus warrants actually reflects the Board's rising confidence in the Group's robust and exponential growth prospects in the foreseeable future, making rewarding its shareholders with exceptional returns a top priority.

The Board of Directors had in the same announcement set the exercise price of the new warrants at RM0.95c. Dato' Seri Chia added he is most optimistic about the future financial performance of the Group and look forward to further appreciation in the share price of Vivocom.

Further, in setting the new warrants exercise price, Dato' Seri Chia also takes into account the existing Warrants E holders of the company who have been with the company for a long time, "we don't want to undermine the value of Warrants E" he assured. Warrants E carries an exercise price of RM0.50 and will expire in year 2023.

Game Changer Sand Deal

Last week Vivocom announced it had secured a lucrative sand contract worth RM3.79B that could potentially soar to RM6B. This is a massive win and represented a Game Changer for the Group as it would contribute significantly to earnings for the next few years.

In recent press releases, Dato' Seri Chia mentioned that he is also actively on the lookout for M&A targets in the renewable energy and digital technologies segments, companies with 'explosive growth potential and super abnormal earnings'.

"Vivocom seeks to find the Next Big Thing, 'industry disruptors with blockbuster growth potential'. We are only just getting started. It takes a lot of hard work, courage and determination. We are looking for greatness and perfection," Dato' Seri remarked.

The CEO added, "We will only acquire companies that add value to our group's overall business and are PE accretive, and will only pay for such acquisition with the issuance of new shares. Our selection criteria of the type of companies we acquire are very stringent and prudent."

Private Placement of New Shares

The Company had also on even date announced a private placement exercise of 10% of its share capital potentially raising funds of up to RM99.365 million based on an indicative issue price of RM0.98. The funds are primarily earmarked to funds the working capital requirements of its new business segment-sand mining which is expected to grow at an exponential rate going forward.

Long Term And Loyal Shareholders

"Vivocom has over twenty thousand shareholders. This enormous and loyal retail following is the major reason for our tremendous liquidity and momentum giving our share price added impetus," Dato' Seri asserts.

"We want Vivocom's share performance to be equally exciting and rallying sharply. To ensure our share price keep on rising at a healthy and rapid rate as that would be the best way to reward the Company's shareholders and create wealth and prosperity for all in the long term," Dato' Seri stated.

"This is why Vivocom's share is so strong and resilient with splendid liquidity. You can say it's our secret weapon. A strong share with high liquidity is a most valuable and prized resource which we can use as a currency for M&A activities. To fund and fast-track growth and strengthen our fundamentals.," Dato' Seri Chia elaborated.

SIM, Main Board Upgrade and Dividends Paying

To show his commitment, Dato' Seri Chia has undertaken a voluntary self-imposed moratorium (or SIM) in that he will not dispose his personal stakes in Vivocom for the next 3 years. This will ensure the company's long-term price stability and sustainability.

"As a priority, we will also work towards getting Vivocom elevated to the Main Board of Bursa Malaysia and be a dividends-paying company soonest possible. I am determined to leave behind an enduring legacy for all our valued shareholders," concluded Dato' Seri Chia.

In short, Vivocom, under the visionary leadership of Dato' Seri Chia offers investors a defensive yet high earnings growth exposure. Its earnings are poised to grow rapidly in the next few years, driven by continued growth in its existing businesses and its sand mining business as well as its transformational M&A plans as espoused by Dato' Seri Chia.

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VIVOCOM CEO ASK ITS SHAREHOLDERS TO DISREGARD BASELESS RUMOURS - Bernama

KUALA LUMPUR, March 5 (Bernama) -- Vivocom Intl Holdings Berhad ("Vivocom" or "Company") CEO Dato' Seri Chia Kok Teong has voluntarily issued a press release statement to allay its shareholders to of any concerns or negativity caused by markets rumours surrounding the Company which may have created some nervousness and hence placed some selling pressure on the shares of Vivocom in recent days.

Dato' Seri Chia wishes to set the record straight that he remains superbly upbeat about the prospects of the Company and he wishes to assure investors of the long term potential of their investments in Vivocom.

The Company has recently made a spate of corporate announcements and press releases which should provide or instil more confidence to the public in the foreseeable future of Vivocom as these are value enhancing corporate moves as Dato' Seri Chia charts the course forward for the Group with his Board and management team.

Bonus Warrant 1:3

Amongst these corporate announcements made are the 1:3 Bonus Warrant Issuance which would:-

i. Reward existing shareholders for their loyal support without incurring any costs;

ii. Allow shareholders to benefit from potential capital appreciation from their Warrants; and

iii. Strengthen the capital base of the Company with the proceeds from the exercise of Warrants.

The bonus warrants actually reflects the Board's rising confidence in the Group's robust and exponential growth prospects in the foreseeable future, making rewarding its shareholders with exceptional returns a top priority.

Game Changer Sand Deal

Last week Vivocom also announced it had secured a lucrative sand contract worth RM3.79B that could potentially soar to RM6B. This is a massive win and represented a Game Changer for the Group as it would contribute significantly to earnings for the next few years.

"The exportation of the sand shall commence by the end of March, once all administrative issues pertaining to the contract are finalised. This sand contract is as real and genuine a business contract as it can be. Do not compare this to past deals which had failed to materialise."

"The market for sand export is extremely humongous and will fuel the Group's rapid growth for the next several years. The RM3.79 billion Win is the first of many more to come," Dato' Seri assured.

Private Placement of New Shares Comes With Moratorium Imposed

The Company had also announced a private placement exercise of 10% of its share capital potentially raising funds of up to RM100M. The funds are primarily earmarked to funds the working capital requirements of its new business segment - sand mining which is expected to grow at an exponential rate going forward.

The private placement comes in three different tranches with a minimum of 6 months, 8 months and 10 months moratorium imposed.

"I have received many calls from high net-worth individuals and institutions that have expressed a keen interest to subscribe to the private placements. I have explained to them my Self-Imposed Moratorium (SIM) of 3 years, and would also require the places to undertake a minimum of 6 months moratorium," Dato' Seri Chia elaborated.

"There is no point if they just subscribe to the shares at a 6 % to 10% discount and dispose of the shares in the market immediately, no value added."

My SIM and Long-Term Loyal Shareholders

"Vivocom has over twenty thousand shareholders. This enormous and loyal retail following is the major reason for our tremendous liquidity and momentum giving our share price added impetus," Dato' Seri asserts.

"I have undertaken a voluntary self�imposed moratorium (or SIM) in that I will not dispose my personal stakes in Vivocom for the next 3 years. This will ensure the company's long-term price stability and sustainability."

"We want Vivocom's share performance to be equally exciting and rallying sharply. To ensure our share price keep on rising at a healthy and rapid rate as that would be the best way to reward the Company's shareholders and create wealth and prosperity for all in the long term," Dato' Seri added.

"This is why Vivocom's share is so strong and resilient with splendid liquidity. High liquidity implies lower risk of being stuck without the ability to liquidate. It demonstrates investors ability to invest in our shares with sheer confidence." Dato' Seri Chia asserted.

Not A Pump & Dump Share

"We are aware of the legacy issues associated with our Group, and the misconception that we are a pump-and-dump counter. I would like to dispel such a notion conclusively as the shares are now on a steady, steadfast and stable path."

"Our shares volume transacted showed there is enormous interests and followings in the Company's shares which are simply pure market forces driving in tremendous liquidity and momentum. I am so proud of that," Dato' Seri assured.

Main Board Upgrade and Dividends Paying

"As a priority, I give my personal undertaking that we will also work towards getting Vivocom elevated to the Main Board of Bursa Malaysia and be a dividends-paying company soonest possible. I am determined to leave behind an enduring legacy for all our valued shareholders."

"I also wish to point out that there will be more news to be announced in the near future including M&A market moving moves and more sand contract deals, all values enhancing corporate deals. Truth will trounce falsehoods and eventually triumph," Dato' Seri Chia concluded.

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VIVOCOM - SUCCESSFUL COMPLETION OF ITS 45% EQUITY INTEREST IN V DEVELOPMENT SDN BHD - Bernama

KUALA LUMPUR, March 29 (Bernama) -- On 29th March 2021 marks the completion of the multiple corporate proposals undertaken by Vivocom Int'l Holdings Berhad. With the successful listing of the 164.25 million consideration shares and the 169.93 million private placement share on the ACE Market of bursa Malaysia, marks the completion of the Group's foray into the property development sector, together with the fund raising exercise under taken by the Group.

Vivocom Int'l Holdings Berhad Group CEO Dato Seri Chia Kok Teong's voluntary self-imposed three-year moratorium serves as testimony to his strong belief that the Group is on its way to an even brighter future, and that he is in for the long haul to create prosperity for all long term shareholders.

To recap, in an announcement to Bursa Malaysia on 4 November 2020, the company had announced that, amongst others, Dato Seri Chia had committed that he would not dispose of his personal stakes in Vivocom for the next three years.

Dato Seri Chia explained that the key objective of his self-imposed moratorium is to give confidence to the investing public on his longterm plans for the group and transforming Vivocom into a formidable company in the years to come. Even our placee for the private placement exercise has a moratorium of the next 12 months on his stakes.

"I promise you that I will do all I can to create success and prosperity in return for your faith in me, my Board and Management. With my self-imposed 3 year moratorium, I'm totally committed to delivering on my promise," added Dato Seri Chia.

"We will all be working tirelessly and relentlessly to transform the Vivocom Group into a behemoth Conglomerate within the next 10 years to create wealth for all concerned."

The Company has recently made a spate of corporate announcements and press releases which should provide or instil more confidence to the public in the foreseeable future of Vivocom as these are value enhancing corporate moves as Dato Seri Chia charts the course forward for the Group.

Bonus Warrant 1:3

Amongst these corporate announcements made are the 1:3 Bonus Warrant Issuance which would:-

i. Reward existing shareholders without incurring any costs; and

ii. Allow shareholders to benefit from potential capital appreciation from their Warrants.

The bonus warrants actually reflects the Board's rising confidence in the Group's robust and exponential growth prospects in the foreseeable future, making rewarding its shareholders top priority.

Private Placement of New Shares Comes With Moratorium Imposed

The Company had also announced a private placement exercise of 10% of its share capital potentially raising funds of up to RM100M. The private placement comes in three different tranches with a minimum of 6 months, 8 months and 10 months moratorium imposed.

"I have received many calls from high net-worth individuals and institutions that have expressed a keen interest to subscribe to the private placements. I have explained to them my Self- Imposed Moratorium (SIM) of 3 years, and would also require the placees to undertake a minimum of 6 months moratorium," Dato Seri Chia elaborated.

"There is no point if they just subscribe to the shares at a 6 % to 10% discount and dispose of the shares in the market immediately, no value added."

Game Changer Sand Deal

At the end of February, Vivocom also announced it had secured a lucrative sand contract worth RM3.79B that could potentially soar to RM6B. This is a massive win and represented a Game Changer for the Group as it would contribute significantly to earnings for the next few years.

"The first of the sand shipment shall commence by the early May, as our K2 export permit will be ready soon. There have been some delays caused by the MCO. Samples of sand have been despatched to Hong Kong and should arrive there soon for testing and ascertainment if they are the correct type sought by the client. Meanwhile the client is in the midst of preparing an irrevocable DLC (Documentary Letter of Credit) for us."

"Let there be no doubt that this sand contract is a real and genuine a business contract as time will prove."

"The market for sand export is extremely humongous and will fuel the Group's rapid growth for the next several years. The RM3.79 billion Win is the first of many more to come," Dato Seri assured.

Sands from Malaysia are very much a sought after commodity worldwide.The quality is uncontaminated with volcanic ashes or other impurities. Our silica sand, marine sand, river sand and river-mouth sand are amongst the best in the world.

The Vivocom Group's core businesses today are property development, construction, aluminium and telecommunications.

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VIVOCOM ANNOUNCES DIVERSIFICATION INTO MINERALS AND COMMODITIES! - Bernama

KUALA LUMPUR, May 27 (Bernama) -- In a filing to Bursa Malaysia, Vivocom announced that it has embarked on a strategy of sourcing and supplying commodities and minerals to China and other countries for the foreseeable future in light of the world's soaring demand and race for scarce commodities to rebuild their economies after the pandemic.

"Vivocom is thrilled to share that it is in final negotiations with several parties for the supplies of commodities and minerals worth conservatively several billions, which should be concluded soon," declared Dato Seri Chia.

"All such contracts will be for the supplies of commodities and minerals for a minimum of two years, renewable to 6 years as the demand for them skyrocket along with China's recovery of its economy to pre-pandemic levels. China's consumption, about half of the global total, will keep growing from record levels, as the rest of the world also rebounds strongly."

"We are finalising at least three such contracts for iron ores worth from RM290M monthly up to RM6B in total to be announced ASAP when completed, targeted by end June/July. We are sorting the little but very crucial details. Once all the details are agreed, things will be finalised and move very quickly."

"There is so much more to come. Our buying partners' extensive network is ginormous with extremely deep pockets. We have the capacity to buy up USD10B or more worth of sand and other minerals and commodities," Dato Seri Chia explained.

"We are currently in the market to buy a limitless amount of sand of any kind, laterite nickel ore, iron ore, R50/R60 steel bars, bauxite ores, and so much more minerals or commodities for our clients."

"For the financial year ended 30th June 2022, we target to deliver at least RM3 Billion worth of sands and minerals to our clients overseas with gross margins of RM250M or higher to contribute to Vivocom's profits positively for that year."

"We plan to triple or quadruple our revenues and profits from sand, mineral or commodity exports from here onwards. Over the next few months, more contracts will definitely be secured, signed and announced," Dato Seri Chia added.

Vivocom's Improving Fundamentals

Vivocom's recently released 2nd Quarterly Report for the 6-months ended 31 December 2020 showed an impressive 891% and 126% improvement in profits for Q-on-Q and Y-on-Y, respectively.

"We are pleased with the improving fundamentals of our latest quarterly financials. Suffice to say for now, Vivocom's next three financial years ending 30th June 2022, 2023 and 2024 are going to be very prosperous years indeed." Dato Seri Chia assured.

"Once all the iron ores contracts under negotiation are finalised and announced, we are also targeting several more contracts for sand and mineral exports worth up to several Billions over the next few months."

"These are all cash cow projects, with highly positive cash flows generated. All orders come with irrevocable, transferable and revolving Documentary Letter of Credit executed first prior to deliveries being made."

"The highly positive cash flows earning will shortly be reflected in Vivocom's financial performance as all the contracts secured are cash cow projects. We will implement a generous dividends policy at the appropriate time as our revenues and earnings visibility become clearer, so mark my words," Dato Seri Chia asserted.

Resilient Share Performance

In early November 2020, Vivocom's shares soared from RM0.45c to reach a peak of RM2.05 on 19 November, with a massive 2.47B shares traded in 21 days

"Even when the price soared to RM2.05, I did not sell a single share because I said I would not, with my self-imposed moratorium for three years. I know I am onto something monumental."

"The fact that Vivocom did not receive any UMA during the November's rally speaks for itself. There was absolutely no artificial market interference!" Dato Seri Chia stated.

"Most people in the market often look for earnings and conventional measures. But it's LIQUIDITY that moves markets. This is where Vivocom's pure liquidity-driven shares will prove its resilience."

"It is precisely this inherent resilience in Vivocom's shares, driven solely by pure retailers' momentum creating tremendous liquidity that gave me reason to be optimistic that the Bull-Run which occurred in November will repeat its performance again in the future." Dato Seri Chia confided.

Exciting Growth Company - Vivocom

"Based on the contracts worth up to several billions in the pipeline pending conclusion, the purpose of this Press Release is, therefore, to highlight that Vivocom is indeed a very exciting high growth company."

"The PR is also to show that we are totally committed to building Vivocom into a behemoth conglomerate in the foreseeable future and to ultimately multiply wealth for our shareholders in the long term."

"Together with the vision and ambition of the Board, my team and I will build the foundations of a new and thriving Vivocom. Every single day we will be working to secure more contracts and be more successful. We are supremely confident we will come good for both Vivocom's immediate and long term future," Dato Seri Chia ended.

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Vivocom, Strattner meterai pelaburan AS$350 juta - Berita Harian

KUALA LUMPUR: Vivocom International Holdings Bhd telah memeterai Perjanjian Dasar Induk (HoA) dengan Strattner Alternative Credit Fund LP yang berpangkalan di Amerika Syarikat (AS) bagi pelaburan bernilai sehingga AS$350 juta (RM1.452 bilion) dalam Vivocom.

Dalam satu kenyataan, Vivocom berkata pihak yang terbabit melihat peruntukan modal berkenaan sebagai pelaburan ke dalam syarikat dan adalah titik permulaan bagi perkongsian strategik jangka panjang untuk memajukan pertumbuhan Vivocom melalui aktiviti penggabungan dan pengambilalihan serta membiayai projek pembinaan, pembangunan hartanah dan perdagangan mineralnya.

"Terma yang terkandung dalam HOA menyatakan pelabur berminat untuk membeli saham Vivocom sehingga AS$350 juta atau, dari segi agregat, tidak lebih daripada sembilan peratus daripada modal saham terbitan syarikat dari semasa ke semasa bagi tempoh 18 bulan dari tarikh menandatangani dokumentasi sah perjanjian itu," katanya.

Vivocom berkata syarikat itu akan mengawal masa dan jumlah modal yang termaktub di bawah perjanjian itu.

"Kaedah pengumpulan dana itu menyediakan pengurusan dengan pembiayaan yang fleksibel dan memberikan Vivocom kemampuan untuk menggunakan wang tunai berdasarkan keperluan sekiranya perlu," katanya.

Sementara itu, Ketua Pegawai Eksekutif Vivocom Datuk Seri Chia Kok Teong berkata hasil yang diperoleh daripada perjanjian pelaburan itu juga akan digunakan sebagai modal kerja untuk perniagaan perdagangan pasir dan mineral yang diusahakan baru-baru ini.

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Vivocom inks HOA, proposes RM1.45b investment by Strattner Group - DailyAdvent.com

KUALA LUMPUR (July 1): Vivocom Intl Holdings Bhd has entered into a heads of agreement (HOA) with Strattner Alternative Credit Fund LP for the latter to invest up to US$350 million (about RM1.45 billion) for subscription to the former's shares.

Strattner Alternative Credit Fund is part of US-listed Strattner Group Corp, which is involved in alternative investments.

In a filing with the bourse, Vivocom, which is involved in construction, aluminium fabrication and engineering services, said the HOA entails that Strattner will be purchasing up to US$350 million, or in aggregate not more than 9% of the issued share capital of the company, from time to time over a period of 18 months from the date of signing the definitive agreement.

If such issuance of shares could cause a delisting, it said the maximum common share issuance shall first be approved by its shareholders.

The group said the execution of the HOA is not subject to the approval of its shareholders, although the proposed issuance of subscription shares in Vivocom are subject to approvals from Bursa Securities, Vivocom's board and shareholders, as well as any other relevant authorities.

In a statement, Vivocom and Strattner said they view this exercise as a starting point of a long-term strategic partnership to advance Vivocom's growth via merger and acquisition (M&A) activities, as well as to fund its projects in construction, property development and mineral trading.

"We are proud yet humbled by the vote of confidence shown by Strattner Group in Vivocom by their commitment to investing in the company for the long term.

"The timing is perfect as we seek to grow via the M&A route and acquire companies with game-changing and disruptive strategies in their businesses," said Vivocom chief executive officer (CEO) Datuk Seri Chia Kok Teong.

He added that the proceeds raised from the investment will also be used as working capital for its sand and mineral trading business.

"Strattners is proud and delighted to be making a long-term investment in Vivocom as we believe the company has tremendous growth potential under the visionary and passionate leadership of Datuk Seri Chia," said Strattner chief executive officer (CEO) Dr Timo Strattner.

It is noted that the total proposed investment far exceeds Vivocom's market capitalisation of RM466.82 million.

There was no comparable quarter as the group changed its financial year end from Dec 31 to June 30.

At the time of writing, the counter had fallen 4.5 sen or 7.89% to 52.5 sen, with some 69.94 million shares done.

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Malaysia-listed Vivocom inks $350m investment deal with Strattner Group - Deal Street Asia

Vivocom International Holdings, a Malaysian construction and e-business software application developer, announced signing a $350-million investment deal from global alternative investment group Strattner Alternative Credit Fund

As part of the investment deal, Vivocom will have the right to draw down capital as required and control the timing and amount of capital drawn down under the agreement.

Vivocom said this method of fundraising provides management with a flexible financing tool and allows Vivocom the ability to deploy cash on a need basis only as opportunities arise.

The investment will be carried out for a period of 18 months from the date of the signing of the agreement.

Both Vivocom and Strattner view the capital allocation as an investment into the Malaysian firm and a starting point for a long-term strategic partnership to advance Vivocom's growth through M&A activities and fund its projects in construction, property development, and minerals trading.

"The timing is perfect as we seek to grow via the M&A route and acquire companies with game-changing and disruptive strategies in their businesses," Seri Chia Kok Teong, CEO of Vivocom.

He added that proceeds raised from the investment deal will also be used as working capital for the recently-ventured sand and minerals trading business.

Vivocom, which was incorporated in 2002 as I-Power Technologies, commenced its business in the technology sector in 2002 but had since pivoted and diversified into other industries. It entered into the construction industry when it acquired Neata Aluminium (Malaysia) and Vivocom Enterprise.

Vivocom's shares dropped 7.89% Thursday to end the trading day at 0.53 Malaysian ringgit each.

Strattner, on the other hand, has identified a rapidly growing demand for financial services in corporate debt, convertible bond, and alternative credit markets in South East Asia, according to the announcement.

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Vivocom signs MYR $1.45 Billion (US$ 350,000,000) investment deal with Strattner Alternative Credit Fund LP. - Malaysia Kini

Vivocom International Holdings Berhad (the "Company" or "Vivocom", Stock Code: 0069:KLSE) announced that it has entered into an investment agreement (the "Agreement") with Strattner Alternative Credit Fund LP ("Strattners"), (the "Investor") which is a global alternative credit investor managed by Strattner Capital Management LLC.

Vivocom and Strattners view this capital allocation both as an investment into the Company yet also as a starting point for a long-term strategic partnership to advance Vivocom's growth via M&A activities and to fund its projects in construction, property development and minerals trading.

Pursuant to the Agreement, the Company has the right, but not the obligation to issue ordinary shares of the Company, and the Investor is obliged to subscribe and pay for the shares. The commitment of the Investor to purchase the shares shall be up to USD$350,000,000 or in aggregate, not more than 9% of the issued share capital of the Company from time to time, for a period of 18 months from the date of signing the Definitive Documentations.

Under this agreement, Vivocom shall have the right, but not the obligation, to draw down capital as required. The Company will control the timing and amount of capital drawn down under this Agreement. This method of fundraising provides management with a flexible financing tool and allows Vivocom the ability to deploy cash on a need basis only as opportunities arise.

About the funding from Strattners

Vivocom has reviewed numerous alternative funding offers from a few investment firms but considered the equity funding facility offered by Strattners to be superior in a number of respects including:

the flexibility it offers to raise equity capital quickly in parallel with the Company's growth plans;

the ability of the Company to set the floor price for any shares that may be issued to Strattners means that the Directors can ensure that the shares are issued at a price which is consistent with their duty to act in the best interests of all shareholders

CEO Dato Seri Chia Kok Teong enthused, "We are proud yet humbled with the vote of confidence shown by Strattners Group in Vivocom by their commitment to invest in the Company for the long term."

"Our goal is to become a behemoth conglomerate. The investment to be made by Strattners will help us realize our goals in the long term."

"The timing is perfect as we seek to grow via the M&A route and acquire companies with game-changing and disruptive strategies in their businesses to add to or help transform Vivocom's business models."

"We are looking at businesses within the renewable energy and digital technologies segments, companies with proven track record of success and pioneers in their respective markets with 'explosive growth potential and super abnormal earnings," concluded Dato Seri Chia.

Some of the proceeds will also be used as working capital as the Company recently ventured into the sand and minerals trading business.

About Vivocom

Vivocom Intl Holdings Berhad was incorporated in 2002 as I-Power Technologies Sdn Bhd, and within 3 short years, they were successfully listed on the MESDAQ Market (now known as ACE Market) of Bursa Malaysia Berhad in 2005.

The Company commenced it business in the technology sector in 2002, however had since pivoted and diversified into other industries. The Group entered into the construction industry when it acquired Neata Aluminium (Malaysia) Sdn Bhd and Vivocom Enterprise Sdn Bhd, who were undertaking construction and aluminium fabrication works. The Group also changed to its present name, Vivocom Intl Holdings Berhad, in 2015.

In 2021, the Group continued its expansion by acquiring the V Development Group for RM171 million. Subsequent to that, the Group further diversified and expanded its business when it ventured into the supply of sand and minerals to overseas markets in February 2021 and May 2021 respectively.

About Strattners

Strattners® is publicly-traded alternative investment group with offices in the USA, Europe and Asia. Its core business is the FINRA and SEC registered investment adviser business Strattner Capital Management LLC which manages Strattner Alternative Credit Fund LP and other private funds.

The management at Strattners has identified a rapidly growing demand for financial services in corporate debt, convertible bond and alternative credit markets in South East Asia region.

CEO Dr Timo Strattner said, "Strattners is proud and delighted to be making a long term investment in Vivocom as we believe the Company has tremendous growth potential under the visionary and passionate leadership of Dato Seri Chia."

"We are also very impressed with the amazing liquidity and resilience of Vivocom's shares, which in the current Malaysian equity market, is an invaluable and prized commodity."

Dr Timo Strattner said that the Strattners is actively working on developing a corporate client base for its alternative credit business in Thailand, Malaysia, Singapore, Hong Kong, Philippines and other markets.

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Vivocom signs RM1.45b investment deal with US-based Strattner Fund - Focus Malaysia

VIVOCOM International Holdings Bhd has inked a heads of agreement with US-based Strattner Alternative Credit Fund LP (Strattner Fund) for an investment up to US$350 million (RM1.45 bil) in Vivocom.

Strattner Fund is part of the global alternative investment group with expertise in alternative investments and complex financing transactions while the Strattner Group Corp is a publicly-traded alternative investment group with offices in the US, Europe and Asia.

Its Financial Industry Regulatory Authority (FINRA) and the US Securities and Exchange Commission (SEC)-registered entity Strattner Capital Management LLC manages Strattner Alternative Credit Fund LP and other private funds.

Both Vivocom and Strattner view this capital allocation as an investment into the company as well as being a starting point for a long-term strategic partnership to advance Vivocom's growth via merger & acquisition (M&A) activities and to fund its projects in construction, property development and minerals trading.

"We are proud yet humbled with the vote of confidence shown by Strattners Group in Vivocom by their commitment to invest in the company for the long term," commented Vivocom's CEO Datuk Seri Chia Kok Teong.

"The timing is perfect as we seek to grow via the M&A route and acquire companies with game-changing and disruptive strategies in their businesses. Proceeds raised from this investment deal will also be used as working capital for the recently-ventured sand and minerals trading business."

Meanwhile, Strattner'a CEO Dr Timo Strattner said Strattners is delighted to make a long term investment in Vivocom as it believes that the company has tremendous growth potential under the visionary and passionate leadership of Chia.

A filing with Bursa Malaysia today shows that the salient terms of the heads of agreement entails the investor committing to purchase Vivocom's shares up to US$350 mil (RM1.45 bil) or not more than 9% of the company's issued share capital of from time to time for a period of 18 months from the date of signing the definitive documentations.

In return, Vivocom shall have the right to draw down by controlling the timing and amount of capital drawn down under this agreement. This method of fundraising provides the Vivocom management with a flexible financing tool while allowing the company to deploy cash on a need basis when an opportunities arises.

At 2.48pm, Vivocom was down 6 sen or 10.53% to 53.5 sen with 71.12 million shares traded, thus valuing the company at RM462 mil. - July 1, 2021

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Vivocom inks HOA for RM1.45b investment from US-based Strattner - The Sun Daily

PETALING JAYA: Vivocom International Holdings Bhd has entered into a heads of agreement (HOA) with US-based global alternative investment group Strattner Alternative Credit Fund LP for the latter's US$350 million (RM1.45 billion) investment in the Malaysian company.

Strattner is registered with the Financial Industry Regulatory Authority and the US Securities and Exchange Commission with a presence in the US, Europe and Asia.

A filing with Bursa Malaysia showed that the salient terms of the HOA entail that Strattner has committed to purchase Vivocom's shares of not more than 9% of the issued share capital of the company from time to time, for a period of 18 months.

In return, Vivocom will have the right, to draw down capital as required. The company will control the timing and amount of capital drawn down under this agreement. This method of fundraising provides management with a flexible financing tool and allows Vivocom the ability to deploy cash on a need basis only as opportunities arise.

In a joint statement, the two parties view the capital allocation as an investment in Vivocom as well as a starting point for a long-term strategic partnership to advance the group's growth via mergers & acquisition (M&A) activities and to fund its projects in construction, property development and minerals trading.

Vivocom CEO Datuk Seri Chia Kok Teong said he is proud of and humbled by the vote of confidence shown by Strattners in Vivocom by their commitment to invest in the company for the long term.

"The timing is perfect as we seek to grow via the M&A route and acquire companies with game-changing and disruptive strategies in their businesses," he said in a statement.

Chia elaborated that the proceeds raised from this investment deal will also be used as working capital for the recently-ventured sand and minerals trading business.

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Vivocom gets RM1.45bil shot in the arm from US fund - New Straits Times

KUALA LUMPUR: Vivocom International Holdings Bhd today signed a heads of agreement (HoA) to a RM1.45 billion investment from the United States-based Strattner Alternative Credit Fund LP.

Strattner is part of the global alternative investment group with expertise in alternative investments and complex financing transactions.

Strattner Group Corp is a publicly-traded alternative investment group with offices in the US, Europe and Asia.

Its Financial Industry Regulatory Authority and the US' Securities and Exchange Commission-registered entity Strattner Capital Management LLC manages Strattner and other private funds.

Vivocom and Strattner, in a joint statement today, said the capital injection was a starting point for a long-term strategic partnership to advance the former's growth via merger and acquisition (M&A) as well as to fund its projects in construction, property development and minerals trading.

Vivocom chief executive officer Datuk Seri Chia Kok Teong said Strattners Group's investment was "perfect" as the company sought to grow via the M&A route, buying companies with game-changing and disruptive strategies in their businesses.

"This investment will also be used as working capital for the recently-ventured sand and minerals trading business," Chia said in the statement.

Strattner CEO Timo Strattner said: "Strattners is proud and delighted to be making a long-term investment in Vivocom as we believe the company has tremendous growth potential under the visionary and passionate leadership of Datuk Seri Chia."

Under the heads of agreement on the investment filed with Bursa Malaysia today, Strattner will buy up to US$350 million (about RM1.45 billion) of Vivocom shares or in aggregate, not more than nine per cent of its issued share capital from time to time over 18 months from the date of signing the definitive documentations.

In return, Vivocom will have the right to draw down capital as required.

"The company will control the timing and amount of capital drawn down under this agreement.

This method of fundraising provides management with a flexible financing tool and allows Vivocom the ability to deploy cash on a need basis only as opportunities arise," it said.

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Vivocom inks US$350 mln investment deal with US-based Strattner - Bernama

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Vivocom inks HOA, proposes RM1.45b investment by Strattner Group - Edge Prop