Magma Group Interim CEO Dato Victor Hoo Resigns

Magma Group Berhad has informed that its Executive Director and interim Chief Executive Officer Dato’ Victor Hoo Voon Him 42 has resigned with immediate effect.

Dato Victor is also the Executive Chairman and Chief Executive Officer of VCI Global Limited, a multidisciplinary business and technology consulting firm, he has been actively involved in a myriad of capital market and technology-improvement-related deals and has advised areas including real estate, human capital management, hospitality, education, cleantech, fintech, and robotic companies; managing a portfolio encompassing over 30 Malaysian public listed companies with an estimated combined market capitalisation of US$12.6 billion.

He has served as the Executive Chairman and Managing Director of Treasure Global Inc., a company listed on the Nasdaq Capital Market that offers an innovative Malaysian e-commerce platform. Dato’ Victor is also an expert in blockchain technology, co-founding FINX Capital, where he utilised his technology knowledge to develop blockchain innovations to revamp the existing financial industry.

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