TORONTO, Sept. 12, 2024 /PRNewswire/ -- On September 2, 2024, Visionary Holdings Inc. (NASDAQ: GV) officially signed a Memorandum of Understanding (MOU) with the world's largest sovereign wealth fund, the Public Investment Fund (PIF) of Saudi Arabia. The two parties have become close partners, with PIF investing USD 120 million to fully support the development of Visionary's various industry projects. This includes debt replacement for four of Visionary's commercial buildings (including debt replacement wit ...

TORONTO, Aug. 15, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ:GV), a private education provider located in Canada, with subsidiaries in Canada and market partners in China, today announced its financial results for the fiscal year ended March 31, 2024. Fiscal Year 2024 Financial Highlights Revenues increased by $0.9 million, or 11.2%, to approximately $9.4 million in fiscal 2024 from approximately $8.4 million in fiscal 2023. Gross margin was 27.1% in fiscal 2024, as compared with 4 ...

Core Insights - The Company is facing unprecedented challenges due to the post-pandemic economic slowdown and rising bank interest rates, prompting a strategic adjustment and talent recruitment to enhance development [1] - Under the new leadership of CEO Mr. Zhong Chen, the Company has successfully regained compliance with Nasdaq's minimum bid price requirement and is focusing on internal resource development [1][3] - The Company is upgrading its properties in Toronto and Markham, Ontario, aiming to convert them into mixed-use and high-end residential apartments, which is projected to increase their value by over 700% and generate more than US$2.1 billion in revenue and US$500 million in profit over the next five years [1] Company Strategy - The new leadership team is committed to innovation and change, prioritizing shareholder interests while responding actively to market changes [3] - The Company plans to file F3 to accelerate the growth of its new business, thereby creating greater value for shareholders and society [3] Future Outlook - The Company aims to enhance its technological innovation capabilities and expand its market presence while emphasizing corporate social responsibility for sustainable development [4] - Visionary Holdings Inc. is a private education provider in Canada, offering high-quality educational resources and aiming to serve both Canadian and international students through technological innovation [5]

On June 14, 2023, Staff notified the Company that its common shares failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Forward-Looking Statements TORONTO, June 13, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China, ...

On June 3, 2024 the Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship announced two pilot programs that allow caregivers to directly obtain PR status upon arrival in Canada. About Visionary Holdings Inc. For more information, please contact: This news is extremely beneficial for the PSW (Personal Support Worker) industry. the Company's subordinate Farvision Career Education Group Inc signed a cooperation agreement with Canadian International Career College to explore the market in As ...

Core Insights - Visionary Holdings Inc. is a private education provider based in Toronto, Canada, focusing on artificial intelligence and life sciences, with a mission to enhance access to various educational programs for both Canadian and international students [1][4] - The company has entered into a Tokenization Partnership Agreement with ABB-FG to develop the tokenization and securitization of Real-World Assets (RWA) in Canada, which is expected to significantly enhance its economic growth and position in the digital economy [2][4] Company Overview - Visionary Holdings Inc. aims to provide secondary, college, undergraduate, graduate, and vocational education through technological innovation, helping students achieve their full potential [1] - The company operates as a fully integrated provider of educational programs and services, serving a diverse student base [1] Partnership and Technological Advancements - The partnership with ABB-FG will utilize advanced digital technology and specialized securitization laws to register various RWAs with the U.S. Securities and Exchange Commission [2] - The digitization and securitization of properties will facilitate global trading on major digital asset exchanges, enhancing the value of these properties and reducing operational costs for Visionary [2]

TORONTO, June 5, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China. Pioneering Sustainability: Visionary Holdings Inc. (NASDAQ: GV) leads the charge in eco-conscious transportation with its status as Canada's premier independent brand in new energy vehicles, fostering a greener future and addressing critical gaps in th ...

TORONTO, June 4, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China, today announced the top reasons to have GV stocks. Strategic Transition: In response to changing education policies, GV strategically transitioned from traditional education to high technology, life sciences, and AI education, positioning itself at the ...

TORONTO, June 3, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China, today announced the Company is pioneering innovation across four key frontiers: Revolutionizing Transportation Visionary has reached an intention with Farnova Holding Group to collaborate on establishing a manufacturing plant in Toronto. From sports ca ...

TORONTO, May 31, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China, today announced the Company aims to lead the new energy vehicle industry which will bring boundless performance in future. Third Trend: Lightweighting Lightweighting is an important trend in the future development of new energy vehicles. Future new ene ...