Sacoven focusing on natural resources and consumer goods

Cash shell Sacoven has joined the AIM market, after raising funds for investment purposes through a share subscription.

Cash shell Sacoven has joined the AIM market, after raising funds for investment purposes through a share subscription.

The company raised £3m after issuing shares at £1 a throw. The money will be used to invest in businesses or assets in the natural resources or consumer goods sectors. These sectors have been selected as they are the ones in which the company's investment adviser, Vasari Global, and investment team have relevant expertise, not to mention "an extensive network of relationships".

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