SB Capital Management Inc is setting the record straight Today

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I am Levi Russell, Chairman and President of SB Capital Management Inc.

SB Capital Management is the most prestigious and registered investment funds in the United States, working reliably from the past twelve years. SB Capital has shareholders and investors from all over the world. For expanding investment opportunities in the Asian market, we found a Newlife Investment Group in Vietnam as one of the suitable startups for investment in the Vietnam market.

Therefore, on 4th February, we announced our merger with a Newlife Investment Group for 1 billion US dollars and we named a new company as SB Management Inc. and signed an investment cooperation document with the value of each period of 1 billion US dollars. The document was certified by Mr. Hoang Huu Anh, Deputy General Director of Vietnam General Consulate in the US on February 6, 2020. All the paperwork was done and approved by the Vietnam and US authorities. For acting upon the plan, we submitted documents to the US Securities and Exchange Commission for listing the stock in the Nasdaq stock exchange on November 8, 2021, and have been approved. This deal was also reported by hundreds of press agencies around the world including the US, Canada, the United Kingdom, France, Netherlands, and others.

We are investing 1 billion US dollars and the amount is ready to be transferred to Vietnam by our Capital One bank account. We are licensed by the Ministry of Planning and Investment, and our investment was authorized and legally valid. However, “Business Financial News” reported fake news against our deal and reported that there is no authenticity in the Nasdaq stock exchange deal. The report was broadcasted on VTVT1 at 7:00 on May 6, 2020, and May 7, 2020. We are very disappointed at the Vietnam Government to let this slanderous act happen and VTV1 channel for broadcasting unauthentic news without the confirmation from the concerning authorities.

READ MORE AT:
https://sbcapitalmanagementinc.com/suing-vtv1-broadcasts-and-suing-vietnam-government2/

Contact Info:
Name: Levi Russell
Email: Send Email
Organization: SB Capital Management Inc.
Website: http://www.sbcapitalmanagementinc.com/

Release ID: 88958876

CONTACT ISSUER
Name: Levi Russell
Email: Send Email
Organization: SB Capital Management Inc.
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