Deal snapshot: VCI Global Enters into LOI to Acquire Bali and Phuket Resort Properties.

MANews-(C)2009-2023

Malaysia-based consulting group VCI Global Ltd. (NASDAQ: VCIG) has signed a letter of intent (LOI) to acquire the leasing rights of Impiana Private Villas Cemagi, Bali and Impiana Private Villas Kata Noi, Phuket from Impiana Sdn Bhd, through its subsidiary, V Capital Real Estate Sdn Bhd, the company said.

Impiana Private Villas Cemagi comprises 6 villas covering over 604 sq m, which accounts for...

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