Victor Group Holdings (ASX:VIG) releases its cash flow report for the December 2020 quarter (Appendix 4C) and provides an update on the key areas of activity during the quarter ended 31 December 2020.
Victor Group Holdings Limited
The Victor Group is a consulting firm specialising in providing enterprise management services. They assist the entrepreneurs/management to better manage their company and provide advisory services in relation to most aspects of running a business (e.g. political, financial, legal, technological, behavioural etc.). Its operating model focuses on carrying out large-scale seminars and specific enterprise management consulting courses. Its current business involves providing Enterprise Management Consulting Services (EMCS) which include marketing management training and consulting courses that are currently delivered offline and face to face. Due to the decrease in traditional business and to take advantage of all aspects of modern digitalised business applications, the Victor Group expanded its existing business to various economic development zones in China through internet after the data center acquisition in June 2016.
VIG provides SaaS, IaaS & PaaS solutions to customers, building and operating education cloud platforms which bring together best in class resources and applications from strategic partners such as education service and elearning content providers and offering a wide range of elearning solutions for educational institutions, students and parents.