Business
Vemanti Group Enters Agreement With Plutos Capital Group To Expand Investments Into Vietnam & Southeast Asia
Vemanti Group Enters Agreement With Plutos Capital Group To Expand Investments Into Vietnam & Southeast Asia.
About this update from Vemanti Group Inc.
[{"type":"text","content":"\nVemanti Group Enters Agreement With Plutos Capital Group To Expand Investments Into Vietnam & Southeast Asia\n\nVemanti Group Enters Agreement With Plutos Capital Group To Expand Investments Into Vietnam & Southeast Asia\n\nNEWPORT BEACH, CA--(Marketwired - June 13, 2017) - Vemanti Group, Inc. (OTC PINK: VMNT), \"Company\", a diversified holding company, today announced that it has entered into an agreement with investment bank Plutos Capital Group, \"PCG\", to bring institutional offerings and investments to and from Vietnam and Southeast Asia. The new agreement will leverage PCG's institutional investment resources and management experience to strengthen the Company's reach into Vietnam and Southeast Asia where opportunities abound. This will include a variety of financing options, acquisitions, divestitures, or recapitalizations for companies looking to structure and finance their strategic growth plans in the United States.\"We are thrilled about this new relationship and the opportunity to create additional value for our clients from the fast-growing economies of Vietnam and Southeast Asia. We believe overall conditions for the region are very positive. With Vemanti's knowledge and experience, we trust our clients will be pleased as we make their offering(s) available to the region's entrepreneurs and investors,\" stated Kari Laitinen, PCG's Managing Director.Tan Tran, CEO of Vemanti, commented, \"Having such agreement in place with PCG provides us with immediate access to first-class investment banking expertise and financial resources. This partnership resonates deeply in our strategy of being an investment conduit between the US and the fourth largest market in the world. PCG's capacity and track record will definitely be an advantage as we navigate through the fundamental drivers and outlook among these booming economies to capture the right investment opportunities.\" The 2017 edition of \"Economic Outlook for Southeast Asia, China and India\", a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia, prepared by the Asia Desk of OECD Development Centre, in co-operation with United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and Economic Research Institute for ASEAN and East Asia (ERIA) states that real GDP growth is expected to r...