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Aspires to be a major industry player âwith exponential growth prospectsâ
KUALA LUMPUR, MALAYSIA â Media OutReach â 26 February 2021 â In a filing to Bursa Malaysia this evening, Vivocom Intl Holdings Berhad (âVivocomâ) announced that V Development Group via one of its subsidiaries has secured a âmassive winâ worth approximately USD934.7 million or the equivalent of RM3.79 billion.
Rain International Sdn Bhd (âRain Internationalâ) is a 97% owned subsidiary under the V Development Group which was recently merged into the Vivocom Group. The Companyâs proposed acquisition of V Development Group had been recently approved by the relevant authorities.
Rain International is principally involved in the mineral trading and exportation business, supplying sand to its client mainly in Hong Kong and China for reclamation and construction works. Â The Company had recently signed a contract for the supply of marine sand for
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