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.
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