Vasseti (UK) Plc & Questus Colabration to opening New Horizon
(Thomson Reuters ONE) -
Questus Global Market Limited today announced the collaboration between itself
and Vascory Limited. Vascory Limited is an Investment Company that has a wide
interest across Asia. This is seen as the first step for Questus into the Asian
region.
Amongst the many interests Vascory Limited has is Vasseti (UK) Plc which is
undertaking the first introduction of Fiber based infrastructure into
11countries across Asia. This will be a USD 5.0 billion undertaking by Vasseti
(UK) Plc.
The shares of Vasseti (UK) plc were listed on the Frankfurt Stock Exchange on
10th of October 2010 which initially was on the Open Market was upgraded to the
Entry Standard. Managing Director Ranjeet Singh Sidhu had said that the listing
was an important step for the Company as it would allow international retail and
international invetsors to participate in the ambitious plan of the Company.
Vasseti has embarked on a vision to become a leading regional terrestrial fibre
optic telecommunication infrastructure player within the next few years. A key
component of this plan is its flagship Vasseti South Asia Network ("VSAN") which
will have over 30,000kms of fibre optic network through more than a dozen
countries in South Asia.
Vasseti (UK) Plc ("Vasseti") is a large, diversified conglomerate based in Kuala
Lumpur. It is listed on the Frankfurt Stock Exchange ("FSE") trading under the
Symbol 1VS:GR and is fully reporting on the FSE Entry Standard. It is an
investment holding company with business interests in the field of network
telecommunications, information technology and real estate. Vasseti consists of
companies and businesses that were established from as long as fifteen years ago
to several new, high growth business ventures it initiated recently. The Company
has already built a successful base in Malaysia and now plans to channel its
resources to replicate its business model in the neighbouring countries
especially within the South Asia region linking Indonesia, China and India, and
possibly expanding towards the Middle East and North Africa thereafter. The
Company intends to connect all the population within the catchment or business
footprint to a single virtual world that is interlaced with brick and mortar
business of real estate development and construction works. It is envisaged that
the product and services offered by the Company may be reachable by almost 50%
of the world population by the year 2020. Its strategy is to penetrate each
market through mergers and acquisitions (M&A) and eventually becoming the market
leader in those emerging markets. This forms part of Vasseti's global expansion
plan and having its presence in the most productive and profitable manner.
Questus Global Capital Market, Ltd. is a Canadian Investment Company that shall
invest in a range of business sectors. It shall also employ a capital hedge
platform utilising insurance-backed "A-rated" cash equivalents to produce a
master dividend payment to be disbursed to shareholders in 2021.
The unique equity structure of Questus Global Capital Market, Ltd. enables
shareholders to strategically deploy their funds into sectors of aviation,
pharmaceuticals, commodities, agricultural, commercial real estate, petroleum &
natural gas and hotel acquisitions.
The funded will provide a fee equivalent to 10% of their net income to augment
the master dividend payment.
Vascory Limited and Questus Capital Global Market Limited are presently
exploring opportunities in Mynamar and India. It is anticipated the Companies
will be making some announcements over the next few months to confirm its entry
into these markets. This will further strenghten the foothold of Questus Global
Capital Markets Limited into the Far East.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Questus Global Capital Market, Ltd. via Thomson Reuters ONE
[HUG#1691095]
Unternehmensinformation / Kurzprofil:
Datum: 08.04.2013 - 11:22 Uhr
Sprache: Deutsch
News-ID 246605
Anzahl Zeichen: 4838
contact information:
Town:
Shediac, New Brunswick
Kategorie:
Business News
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"Vasseti (UK) Plc & Questus Colabration to opening New Horizon"
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