MOU for an Investment of up to USD 120 Million Signed between the Public Investment Fund (PIF) of Saudi Arabia and Visionary
Visionary Holdings Inc. - Common Shares (GV)
NASDAQ:AMEX Investor Relations:
ir.goldfieldcorp.com
Company Research
Source: PR Newswire
TORONTO, Sept. 12, 2024 /PRNewswire/ -- On September 2, 2024, Visionary Holdings Inc. (NASDAQ: GV) officially signed a Memorandum of Understanding (MOU) with the world's largest sovereign wealth fund, the Public Investment Fund (PIF) of Saudi Arabia. The two parties have become close partners, with PIF investing USD 120 million to fully support the development of Visionary's various industry projects. This includes debt replacement for four of Visionary's commercial buildings (including debt replacement with the Bank of China) and the real estate redevelopment investment for these four buildings. PIF will continue to invest in Visionary in the future, providing strong financial, talent, and resource support for Visionary's global mergers and acquisitions, industrial upgrades, debt optimization, and rapid growth.Additionally, both parties agreed to closely collaborate in the fields of high technology, life sciences, and artificial intelligence education. This includes, but not limited
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News
- Visionary Holdings Inc. (NYSE: GV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Visionary Holdings Inc. (NYSE: GV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Visionary Holdings Inc. (NYSE: GV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Visionary Holdings Inc. (NYSE: GV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Visionary Holdings Inc. (NYSE: GV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
GV
Sec Filings
- 10/3/24 - Form 6-K
- 9/17/24 - Form 6-K
- 9/9/24 - Form 6-K
- GV's page on the SEC website