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VCPlus Limited Withdraws from Joint Venture and Reallocates Funds

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VCPlus Limited Withdraws from Joint Venture and Reallocates Funds

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VCPlus Limited ( (SG:43E) ) has issued an update.

VCPlus Limited has decided to withdraw from its joint venture with Delta Investment Holding Group Ltd and Veivo Pte Ltd, opting instead to dispose of its shares in the joint venture company. Additionally, the company has re-allocated S$300,000 from its net proceeds, initially intended for business expansion, to support its custodial services business and general working capital, aiming to better utilize its resources for operational support.

More about VCPlus Limited

VCPlus Limited is a company incorporated in Singapore, operating with its subsidiaries in various sectors. The company is involved in strategic collaborations and investments, focusing on business expansion and custodial services for digital assets.

Current Market Cap: S$16.11M

See more data about 43E stock on TipRanks’ Stock Analysis page.

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