In a memo to staff sighted by StarBiz, group CEO Roslina Abdul Rahman said the decision to shutter the company was made following a meeting of ValueCap's board of directors on Dec 16.
KUALA LUMPUR: State-owned investment firm Valuecap Sdn Bhd has confirmed that it is seeking to exit the third-party asset management business.
The group is in the process of exploring various strategic options with regards to VCAM and i-VCAP, including divesting or winding up the companies, it said in a statement to Bursa Malaysia on Thursday.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
