Tuesday, April 19, 2016

Keeping it in the family at Vertu Capital Ltd ??

Just announced, William Du's acquisition company Vertu Capital Ltd, which is currently listed on the London Stock Exchange. Has just announced that it has signed a letter of intent to buy ........wait for it.... VCB Capital in Malaysia !!!!

"Vertu Capital has announced that it has entered into a non-binding letter of intent (LOI) with BVS Trinity for the proposed acquisition of the entire issued share capital of VCB Malaysia Berhad, a company incorporated in Malaysia.
Under the LOI, the Target will be acquired for a consideration of GBP350,000 payable in cash on completion."
Link - Vertu Capital Ltd Proposed Acquisition