VCPlus Limited (SG:43E) has released an update.
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VCPlus Limited has officially entered into a joint venture with Delta Investment Holding Group Ltd, forming Veivo Pte. Ltd. as the exclusive distributor for Veivo Services in the Asia Pacific region, excluding China. This strategic move aligns with VCPlus’s growth strategy to expand its consultancy business and leverage Delta’s business and commercial networks. The joint venture, encapsulated in a shareholders’ agreement signed on 31 March 2024, promises to harness synergies between the two companies for expanded product offerings.
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