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$SCNG Closed @ 0.0130 +44.44% SC Holdings Corp. R

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Post# of 44099
(Total Views: 179)
Posted On: 06/16/2020 8:54:50 AM
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Posted By: jmtimz
$SCNG Closed @ 0.0130 +44.44% SC Holdings Corp. Received Funding Commitment for $5,000,000 USD from Hong Kong Private Equity Community
Hong Kong, Sept. 03, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- H.K. Kam Kwan Equity Investment Management Group has signed a funding agreement with SC Holdings Corp. (SCNG) for $5,000,000 USD.

Tan Yuen, CEO of SC Holdings Corp. said, “This investment shows that the Hong Kong and Chinese money managing community are starting to recognize and trust our ability to locate and make shrewd investments into award winning international companies that promise explosive growth potential. We are building a portfolio of unique carefully curated investments and acquisitions of high growth companies in strategic exponential sectors across Europe, Asia and the USA. Our firm is able to capitalize on the trend that Chinese and Hong Kong investors are looking to build strong relationships with overseas markets in an unprecedented way. We see that Chinese companies are increasingly aware of International Law and overseas Corporate Governance issues.”

Tan Yuen further added that he sees a huge growth potential for SC Holdings becoming one of Hong Kong’s leading and most dominant firms for providing a platform to access disruptive market changing high growth western companies.

In April this year H.K. Kam Kwan Equity Investment Management Group expressed interest in raising capital for SC Holdings if the Company were able to upgrade its listing on to the OTCQB. SC Holdings Corp. has engaged a US Law firm to prepare a Reg A filing.

https://finance.yahoo.com/news/sc-holdings-co...00833.html


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