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Victor Group Holdings Ltd ( (AU:VIG) ) just unveiled an update.
Victor Group Holdings Ltd has announced its acquisition of a 15% stake in iRich Finance Pty Ltd, a fintech service provider in Australia. iRich offers a range of financial technology products and services, including digital wallets, card issuing solutions, an online shopping mall, and physical gold trading services. This strategic investment aligns with Victor Group’s existing platform-as-a-service (PaaS) and software-as-a-service (SaaS) offerings, allowing the company to enhance its service delivery without altering its commercial model. The transaction, which maintains Victor Group’s operational independence, is subject to standard conditions such as due diligence and shareholder approval.
More about Victor Group Holdings Ltd
Average Trading Volume: 97,942
Technical Sentiment Signal: Buy
Current Market Cap: A$53.48M
See more data about VIG stock on TipRanks’ Stock Analysis page.