other material
confidence medium
sentiment neutral
materiality 0.50
Phoenix Plus Corp. acquires 33.9% stake in Vettons City Angels for MYR2.9M
RHINO BITCOIN INC.
- Acquired 84,906 ordinary shares of VCASB (33.9% ownership) for MYR2,915,000.
- VCASB used proceeds to subscribe 250,000 ordinary shares of Vettons City Sdn Bhd (5% stake).
- Vettons City develops building projects and researches ICT.
- Transaction completed on October 13, 2021.