NASDAQ-listed AGAPE ATP Corporation (ATPC) has successfully completed a $23 million (USD) private placement, reinforcing its financial position as it accelerates growth in healthcare, oil & gas trading, and renewable energy. The strong backing from institutional investors highlights confidence in ATPC’s long-term strategy and strengthens its position as a market leader across multiple sectors.
As part of the private placement, ATPC issued 46 million common shares at USD 0.50 per share under Regulation S of the U.S. Securities Act, which applies to non-U.S. investors. The newly raised capital will fund the company’s expansion efforts, including advancing its oil & gas trading activities, scaling solar energy projects, and enhancing its healthcare and wellness offerings.
Prof. Dato’ Sri Dr. How Kok Choong, ATPC’s Founder and Global Group CEO, expressed gratitude for the strong investor support, stating: “This successful private placement reflects market confidence in ATPC’s vision and execution strategy. We deeply appreciate the trust from our investors, which empowers us to accelerate our expansion into high-growth sectors. With this funding, we are well-positioned to enhance operations, foster innovation, and create long-term shareholder value.”
This funding milestone enables ATPC to advance with key initiatives, particularly in the energy sector. Through its strategic partnership with Swiss One Oil & Gas AG, the company is expanding its procurement and distribution of refined fuel products, including EN590 10PPM diesel and Jet Fuel A1.
Beyond energy, ATPC plans to utilize the capital to strengthen its healthcare division, expanding its wellness and medical solutions into new markets. The investment will support product innovation, regulatory approvals, and commercialization efforts, further solidifying ATPC’s presence across multiple industries.
