/C O R R E C T I O N -- Visionary Holdings Inc./
Visionary Holdings Inc. (NASDAQ: GV) has signed a Memorandum of Understanding (MOU) with the Public Investment Fund (PIF) of Saudi Arabia (Asia Division) on September 2, 2024. PIF, the world's largest sovereign wealth fund, will invest USD 120 million to support Visionary's various projects, including:
- Debt replacement for four commercial buildings
- Real estate redevelopment investment
- Global mergers and acquisitions
- Industrial upgrades
- Debt optimization
The partnership also includes collaboration in high technology, life sciences, and artificial intelligence education. Visionary, founded in August 2013 and headquartered in Toronto, operates six schools in Canada and owns four commercial and educational buildings valued at over CAD 120 million. The company focuses on mergers, acquisitions, and innovation in high technology, education, and life sciences sectors.
Visionary Holdings Inc. (NASDAQ: GV) ha firmato un Memorandum of Understanding (MOU) con il Fondo Pubblico di Investimento (PIF) dell'Arabia Saudita (Divisione Asia) il 2 settembre 2024. PIF, il più grande fondo sovrano al mondo, investirà 120 milioni di USD per sostenere vari progetti di Visionary, tra cui:
- Sostituzione di debito per quattro edifici commerciali
- Investimenti nella riqualificazione immobiliare
- Fusioni e acquisizioni globali
- Aggiornamenti industriali
- Ottimizzazione del debito
La partnership include anche la collaborazione in alta tecnologia, scienze della vita ed educazione all'intelligenza artificiale. Visionary, fondata nell'agosto 2013 e con sede a Toronto, gestisce sei scuole in Canada e possiede quattro edifici commerciali e scolastici del valore di oltre 120 milioni di CAD. L'azienda si concentra su fusioni, acquisizioni e innovazione nei settori dell'alta tecnologia, dell'istruzione e delle scienze della vita.
Visionary Holdings Inc. (NASDAQ: GV) ha firmado un Memorando de Entendimiento (MOU) con el Fondo Público de Inversión (PIF) de Arabia Saudita (División Asia) el 2 de septiembre de 2024. PIF, el fondo soberano más grande del mundo, invertirá 120 millones de USD para apoyar varios proyectos de Visionary, incluidos:
- Reemplazo de deuda para cuatro edificios comerciales
- Inversión en reurbanización inmobiliaria
- Fusiones y adquisiciones globales
- Mejoras industriales
- Optimización de deuda
La asociación también incluye colaboración en alta tecnología, ciencias de la vida y educación sobre inteligencia artificial. Visionary, fundada en agosto de 2013 y con sede en Toronto, opera seis escuelas en Canadá y posee cuatro edificios comerciales y educativos valorados en más de 120 millones de CAD. La empresa se centra en fusiones, adquisiciones e innovación en los sectores de alta tecnología, educación y ciencias de la vida.
비저너리 홀딩스 Inc. (NASDAQ: GV)는 2024년 9월 2일 사우디 아라비아(아시아 부문)의 공공 투자 기금(PIF)와 양해각서(MOU)를 체결했습니다. 세계 최대의 주권 투자 기금인 PIF는 비저너리의 여러 프로젝트를 지원하기 위해 1억 2천만 달러를 투자할 예정입니다. 투자 항목에는 다음이 포함됩니다:
- 4개 상업 건물의 부채 대체
- 부동산 재개발 투자
- 글로벌 합병 및 인수
- 산업 업그레이드
- 부채 최적화
이번 파트너십은 또한 고급 기술, 생명 과학 및 인공지능 교육 분야에서의 협력을 포함합니다. 2013년 8월에 설립된 비저너리는 토론토에 본사를 두고 있으며, 캐나다에서 6개의 학교를 운영하고 있으며, 1억 2천만 CAD 이상의 가치를 지닌 4개의 상업 및 교육 빌딩을 소유하고 있습니다. 이 회사는 고급 기술, 교육 및 생명 과학 분야에서의 합병, 인수 및 혁신에 집중하고 있습니다.
Visionary Holdings Inc. (NASDAQ: GV) a signé un Memorandum of Understanding (MOU) avec le Fonds d'Investissement Public (PIF) d'Arabie Saoudite (Division Asie) le 2 septembre 2024. PIF, le plus grand fonds souverain au monde, investira 120 millions USD pour soutenir divers projets de Visionary, notamment :
- Remplacement de dettes pour quatre bâtiments commerciaux
- Investissement dans la réhabilitation immobilière
- Fusions et acquisitions à l'échelle mondiale
- Améliorations industrielles
- Optimisation des dettes
Le partenariat inclut également une collaboration dans les domaines des hautes technologies, des sciences de la vie et de l'éducation à l'intelligence artificielle. Visionary, fondée en août 2013 et ayant son siège à Toronto, exploite six écoles au Canada et possède quatre bâtiments commerciaux et éducatifs d'une valeur de plus de 120 millions CAD. L'entreprise se concentre sur les fusions, les acquisitions et l'innovation dans les secteurs des hautes technologies, de l'éducation et des sciences de la vie.
Visionary Holdings Inc. (NASDAQ: GV) hat am 2. September 2024 ein Memorandum of Understanding (MOU) mit dem Public Investment Fund (PIF) von Saudi-Arabien (Asien-Abteilung) unterzeichnet. PIF, der größte Staatsfonds der Welt, wird 120 Millionen USD investieren, um verschiedene Projekte von Visionary zu unterstützen, darunter:
- Schuldenersatz für vier Geschäftsgebäude
- Investitionen in die Immobilienentwicklung
- Globale Fusionen und Übernahmen
- Industrielle Aufrüstungen
- Schuldenoptimierung
Die Partnerschaft umfasst auch eine Zusammenarbeit in den Bereichen Hochtechnologie, Lebenswissenschaften und Ausbildung in künstlicher Intelligenz. Visionary wurde im August 2013 gegründet und hat ihren Sitz in Toronto, betreibt sechs Schulen in Kanada und besitzt vier kommerzielle und Bildungsgebäude im Wert von über 120 Millionen CAD. Das Unternehmen konzentriert sich auf Fusionen, Übernahmen und Innovationen in den Bereichen Hochtechnologie, Bildung und Lebenswissenschaften.
- None.
- None.
In the news release, MOU for an Investment of up to
MOU for an Investment of up to USD 120 Million Signed between the Public Investment Fund (PIF) of Saudi Arabia and Visionary
Additionally, both parties agreed to closely collaborate in the fields of high technology, life sciences, and artificial intelligence education. This includes, but not limited to, international education, biomedical sciences, advanced technology, life sciences, and AI education. The partnership with PIF not only enhances Visionary's brand but also offers a great opportunity for Visionary's future development, bringing significant momentum to the dual growth of Visionary's market value and industrial expansion.
The Public Investment Fund (PIF) of
Visionary was founded in August 2013, with its headquarter located in
Visionary is committed to hard work and responsibility, striving to contribute actively to the development of industries such as new energy, biochips, AI-driven healthcare, and artificial intelligence education in
About Visionary Holdings Inc.
Visionary Holdings Inc. headquartered in
Forward-Looking Statements
All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "believes," "expects," "anticipates," "estimates," "intends," "would," "continue," "should," "may," or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and in its other filings with the SEC.
For more information, please contact:
Visionary Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca
View original content:https://www.prnewswire.com/news-releases/mou-for-an-investment-of-up-to-
SOURCE Visionary Holdings Inc.
FAQ
What is the value of the investment agreement between Visionary Holdings (GV) and PIF?
What areas will the PIF investment support for Visionary Holdings (GV)?
How many schools does Visionary Holdings (GV) operate in Canada?
What is the estimated value of Visionary Holdings' (GV) commercial and educational buildings in Toronto?
