VCI Global Limited announced that it has signed an MOU proposing to acquire 70% of LOCUS-T Sdn Bhd for a purchase consideration of RM 13.4 million
LOCUS-T is a marketing agency specialising in the digital marketing industry with a focus offering on marketing technology and solutions, such as Google SEO, Google Ads, Facebook Ads and Website Design based in Malaysia. It has over 20 years of experience and has served over 7,000 SMEs and MNCs clients since its inception. It currently has an active client portfolio of over 1,000 SMEs and MNCs clients and is one of the few agencies in Malaysia carrying both the Google Premier Partner and Meta Business Partner.
The company said the acquisition allows it to immediately tap into its existing large portfolio of clients which range from Small Medium Enterprises and Multinational industry leaders such as Amway, 7-Eleven, Sports Planet, SP Setia just to name a few. With the huge portfolio of clients, VCI Global feels it will be able to cross-sell our business and technology consultancy business to LOCUS-T’s existing clients and vice versa.
