Vivocom International Holdings, a Malaysian construction and e-business software application developer, announced signing a $350-million investment deal from global alternative investment group Strattner Alternative Credit Fund.
In a filing with Bursa Malaysia, Vivocom said Strattner, which is a publicly-traded alternative investor with offices in the US, Europe, and Asia, has agreed to acquire not more than 9% of Vivocom’s shares amounting to 1.45 billion Malaysian ringgit or about $350 million.
