The Cayman Islands registered company which has just recently floated on the LSE and is jointly owned by Paneagle Holdings Berhad & Open Fibre Berhad, two Malaysian companies which are owned by Malaysian business man Zulizman Zainal Abidin.
Vertu Capital Limited has 100% controlling interest in ARIES TELECOMS PLC, which is attempting to float this Friday the 10th of July on the London AIM.
According to a recent press release in the Mornigstar, Vertu Capital Ltd raised 800,000 GBP from it's initial public offering. Vertu Capital was created in order to undertake an acquisition
of a target company or business in the financial services sector, with a focus
on the Asian and European markets. Which means they raised a bucket of money but haven't acquired anything yet.......sounds like another Questus Global Capital Markets Ltd.
acquisition
of a target company or business in the financial services sector, with a
focus on the Asian and European markets - See more at:
http://www.morningstar.co.uk/uk/news/AN_1421662107309171600/vertu-capital-raises-gbp800000-in-initial-public-offering-(allipo).aspx#sthash.ikIHDGly.dpuf
cquisition
of a target company or business in the financial services sector, with a
focus on the Asian and European markets - See more at:
http://www.morningstar.co.uk/uk/news/AN_1421662107309171600/vertu-capital-raises-gbp800000-in-initial-public-offering-(allipo).aspx#sthash.ikIHDGly.dpuf
cquisition
of a target company or business in the financial services sector, with a
focus on the Asian and European markets - See more at:
http://www.morningstar.co.uk/uk/news/AN_1421662107309171600/vertu-capital-raises-gbp800000-in-initial-public-offering-(allipo).aspx#sthash.ikIHDGly.dpuf
So, only 3 days after we expose this linked company on our blog we have our first Director resignation !! Here is the announcement.
Here is the resigned Directors BIO from the Vertu Capital Limited website....which of course hasn't been updated yet.....
"Darren Matthew Hopkins (age 36)
Mr Hopkins qualified as a
Chartered Accountant with the Institute of Chartered Accountants in
England and Wales in 2004 having trained with Ernst & Young LLP. On
leaving Ernst & Young, Mr Hopkins joined the corporate finance
department of Littlejohn LLP in 2007. During his time there he acted on
public and private transactions across a variety of sectors including
technology, financial services, retail and natural resources. He
subsequently joined Whalerock (part of Capita plc) consulting on
transactions primarily in the natural resources sector as well as
providing financial accounting and advisory services to listed entities
and private international groups, including acting as interim finance
director of RapidCloud International plc through the IPO, institutional
investor fundraisings and the first 16 months of its growth. Darren is a
director of Ingenious Haus (UK) Limited and CK & D Consulting
Limited."
That was quick he didn't stick around did he........ wonder why........