Heaven Sent Capital Group (HSC) is one of China’s earliest venture capital and private investment groups.
HSC acquired 100% of VMR in June 2015 through the acquisition of its JSE-listed shares, thereby becoming the first Chinese non-state company to complete such a transaction in South Africa. The acquisition paved the way for significant recapitalisation of the Tau Lekoa gold mine and, following its acquisition in 2017, the nearby Kopanang gold mine. The objective is for VMR to establish itself as a link between locally-managed South African mining assets and the thriving capital markets of China and Hong Kong. The solid backing of HSC provides a sustainable platform for VMR to realise these aims, and to thereby achieve continuous growth and the creation of long-term value for all stakeholders.
HSC has a solid track record of investing in entrepreneurial ventures, primarily by providing support in accessing capital markets through IPOs and/or M&A activity.