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Noble Vici Group Announces Expansion Plans to Acquire Fintech and e-commerce companies

  • Writer: Noble Vici Group, Inc.
    Noble Vici Group, Inc.
  • Apr 11, 2018
  • 2 min read

Updated: Aug 24, 2018

Noble Vici Group Announces Expansion Plans to Acquire Fintech and e-commerce companies


Singapore, 11 April 2018 - Noble Vici Group Inc. (OTC: NVGI) today announced that it has entered discussions to acquire Noble Infotech Applications Private Limited, a mobile app and e-commerce developer, and VenVici Private Limited and its subsidiaries VenVici Limited and Ventrepreneur (SG) Private Limited.


VenVici is an award-winning crowdsourcing platform that has 300,000 members regionally, utilising a unique Affiliate Incentivized Marketing System. 


Noble Infotech Applications Private Limited, VenVici Private Limited and its subsidiaries are all companies controlled by or otherwise affiliated with NVGI’s Chief Executive Officer, Sir Eldee Tang.


According to Sir Eldee Tang, “NVGI’s growth strategy will be to invest in and develop a global ecosystem comprising of three key pillars: mobile applications, payment systems and a crowdsourcing platform, all of which will be powered by blockchain technology to ensure secure and seamless integration. We are also currently in discussion with Infinite Lifestyle Private Limited and Elusyf Singapore Private Limited over their acquisitions, and we believe that these acquisitions will provide NVGI with access to the desired technological expertise and platform and a broad merchant and consumer user base to exploit that platform.”


NVGI expects the March 31 annual financial results of the target companies to inform the terms of the discussions of the proposed acquisitions. 


About Noble Vici Group (NVGI)

Noble Vici Group, Inc. is currently seeking business combination opportunities with existing businesses. We expect to focus on analytic technology-related businesses; consisting of research & development, market analytics and e-commerce. 

For further information, please contact


Investor Relations

Florence Fang

Flame Communications

Email:florence@flamecomms.com

Phone: (65) 9768 8186

Website: www.flamecomms.com


Notice regarding Forward-Looking Statements:

Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our reports.

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Disclaimer: Noble Vici Group, Inc. (“NVGI”) is organized under the laws of the United States of America.  The offer and sale of its securities are subject to the laws and regulations of the United States, including those promulgated by the United States Securities and Exchange Commission. In addition, NVGI is neither licensed nor regulated by Monetary Authority of Singapore ("MAS") and any other applicable laws and regulations in any other jurisdictions that NVGI operates, except as mentioned above. The information contained herein is provided solely for information purposes only. The information herein does not constitute an offering circular and it should not be treated as any sort of offering material. The information contained herein does not constitute or form part of any offer for sale, or subscription of, or solicitation, or invitation of any offer to buy or subscribe for any securities, nor shall it or any part of it form the basis of or be relied on in connection with any investment decision, commitment or contract whatsoever. No deliveries, offers, resales, sales of any securities referred to herein or distribution of any material relating to such securities may be made in or from any jurisdiction, save for circumstances which will result in compliance with any applicable laws and regulations and which will not impose any obligation on NVGI.

 

Related Products and Offerings Disclaimer: The information contained herein all related products and offerings is not an offer to buy or sell, or a solicitation of an offer to buy or sell any instrument or security, or to participate in any trading strategy. Any decision to invest in any instruments or securities described herein should be made after conducting such investigations as you deem necessary, and after consulting your own accounting, legal, and tax advisors in order to make an independent decision of the suitability and consequences of an investment in any securities. You acknowledge and confirm that Noble Vici Group, Inc. (“NVGI”) and all its subsidiaries (collectively the “Group”) have not considered any individual investor’s circumstances, financial situation, or investment objectives in preparing this information and that this information is not intended to provide the basis of any credit or other evaluation and that it should not be considered as a recommendation to purchase securities. You further acknowledge that the Group does not act as adviser or agent to you or to any of your clients or customers.

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