Questus Global Market Limited today announced the collaboration between itself and Vascory Limited. Vascory Limited is an Investment Company that has a wide interest across Asia. This is seen as the first step for Questus into the Asian region.
Amongst the many interests Vascory Limited has is Vasseti (UK) Plc which is undertaking the first introduction of Fiber based infrastructure into 11countries across Asia. This will be a USD 5.0 billion undertaking by Vasseti (UK) Plc.
The shares of Vasseti (UK) plc were listed on the Frankfurt Stock Exchange on 10th of October 2010 which initially was on the Open Market was upgraded to the Entry Standard. Managing Director Ranjeet Singh Sidhu had said that the listing was an important step for the Company as it would allow international retail and international invetsors to participate in the ambitious plan of the Company.
Vasseti has embarked on a vision to become a leading regional terrestrial fibre optic telecommunication infrastructure player within the next few years. A key component of this plan is its flagship Vasseti South Asia Network ("VSAN") which will have over 30,000kms of fibre optic network through more than a dozen countries in South Asia.
Vasseti (UK) Plc ("Vasseti") is a large, diversified conglomerate based in Kuala Lumpur. It is listed on the Frankfurt Stock Exchange ("FSE") trading under the Symbol 1VS:GR and is fully reporting on the FSE Entry Standard. It is an investment holding company with business interests in the field of network telecommunications, information technology and real estate. Vasseti consists of companies and businesses that were established from as long as fifteen years ago to several new, high growth business ventures it initiated recently. The Company has already built a successful base in Malaysia and now plans to channel its resources to replicate its business model in the neighbouring countries especially within the South Asia region linking Indonesia, China and India, and possibly expanding towards the Middle East and North Africa thereafter. The Company intends to connect all the population within the catchment or business footprint to a single virtual world that is interlaced with brick and mortar business of real estate development and construction works. It is envisaged that the product and services offered by the Company may be reachable by almost 50% of the world population by the year 2020. Its strategy is to penetrate each market through mergers and acquisitions (M&A) and eventually becoming the market leader in those emerging markets. This forms part of Vasseti's global expansion plan and having its presence in the most productive and profitable manner.
Questus Global Capital Market, Ltd. is a Canadian Investment Company that shall invest in a range of business sectors. It shall also employ a capital hedge platform utilising insurance-backed "A-rated" cash equivalents to produce a master dividend payment to be disbursed to shareholders in 2021.
The unique equity structure of Questus Global Capital Market, Ltd. enables shareholders to strategically deploy their funds into sectors of aviation, pharmaceuticals, commodities, agricultural, commercial real estate, petroleum & natural gas and hotel acquisitions.
The funded will provide a fee equivalent to 10% of their net income to augment the master dividend payment.
Vascory Limited and Questus Capital Global Market Limited are presently exploring opportunities in Mynamar and India. It is anticipated the Companies will be making some announcements over the next few months to confirm its entry into these markets. This will further strenghten the foothold of Questus Global Capital Markets Limited into the Far East.
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Source: Questus Global Capital Market, Ltd. via Thomson Reuters ONE
