Malaysia-listed Vivocom inks $350m investment deal with Strattner Group

Vivocom Intl Holdings Berhad CEO Dato Seri Chia Kok Teong.

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.

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