VCI Global Ltd Stock Price, News & Analysis

VCI Global's (NASDAQ: VCIG) fintech subsidiary Credilab has received conditional approval for a digital moneylending license from Malaysia's Ministry of Local Government Development. The license enables Credilab to provide fully automated digital loans nationwide, including microloans and SME financing, with approvals and disbursements in as fast as two minutes.

The platform leverages AI-driven credit scoring and real-time data analysis, operating without physical branches for maximum scalability. This development follows VCI Global's 155% year-on-year revenue growth in 2024 in its technology and fintech segments, along with a US$1 million investment from a Dubai-based investor. Malaysia's microfinancing market is projected to reach US$11.68 billion by 2032, growing at a CAGR of 17.5%.

VCI Global (NASDAQ: VCIG) reported strong financial results for FY2024, with revenue reaching US$27.8 million, up 41% YoY. The company's performance was driven by growth across multiple segments: Technology development revenue surged 155% to US$11.4 million, while business strategy consultancy revenue grew 1% to US$14.8 million. The company achieved a net income of US$7.6 million, up from US$7.2 million in FY2023. Cash position strengthened significantly with cash and equivalents at US$8.1 million, a 702% increase YoY. VCI Global is advancing its cross-sector platform strategy, integrating AI infrastructure, cybersecurity services, fintech solutions, and renewable energy assets. Key initiatives include the planned carve-out IPO of V Capital Consulting Group and expansion into Singapore and Hong Kong markets.

VCI Global's consulting arm, V Capital Consulting Group (VCCG), has secured a mandate to lead Malaysian AgriTech company Saturn Agtech's Nasdaq IPO, targeted for 2026. Saturn Agtech specializes in controlled environment agriculture (CEA), operating indoor vertical farms in Malaysia. Their latest Model 3 system achieves 20-30x higher efficiency than conventional farming, producing over 2,300 tons per hectare annually without pesticides. This mandate strengthens VCCG's position in Nasdaq IPO advisory services in Malaysia, as they continue facilitating Southeast Asian companies' access to U.S. capital markets. VCCG is also planning its own carve-out IPO, demonstrating market confidence in its business model. The partnership reflects growing demand for U.S. market listings among Southeast Asian companies seeking global investor access, higher valuations, and enhanced liquidity.

VCI Global's fintech subsidiary Credilab has secured a US$1 million strategic investment from Dubai-based Triple Helix Capital. Credilab, a digital lending platform operating in Malaysia, focuses on providing same-day loans to underserved microfinance and SME segments.

The company's performance has been impressive, with:

• Revenue of US$0.7 million in H1 2024 (116% YoY growth)
• Near-zero Non-Performing Loan rate
• Loan book value of US$13.3 million (67% growth) as of June 2024

Credilab's platform streamlines the entire lending process, from applications and credit scoring to disbursements, while maintaining regulatory compliance. The investment will accelerate platform expansion, broaden financial products, and support market entry strategies. The company aims to become a category-defining leader in the global fintech landscape.

VCI Global (NASDAQ: VCIG) has scheduled its fiscal year 2024 financial results announcement for May 13, 2025, before markets open. The company will host an earnings call at 8:00 a.m. Eastern Time on the same day.

Led by Group Executive Chairman and CEO Dato' Victor Hoo, VCI Global operates as a diversified global holding company focusing on:

• AI & Robotics
• Fintech
• Cybersecurity
• Renewable Energy
• Capital Market Consultancy

The company maintains a strong presence across Asia, Europe, and the United States. Investors can access the conference call by registering through the provided link to receive dial-in details. A replay of the call will be available from 12:00 p.m. ET on May 13, 2025, through the company's media server.

VCI Global (NASDAQ: VCIG) has announced it faces no material exposure to newly imposed U.S. tariffs while maintaining a stable outlook. The company, specializing in AI, cybersecurity, and capital markets, is leveraging its strategic position in Malaysia and Nasdaq presence to serve as a bridge for Southeast Asian businesses accessing U.S. capital markets.

The company operates on a dual-track strategy: facilitating Southeast Asian companies' access to U.S. capital markets and expanding enterprise-focused technology solutions. VCI Global provides comprehensive services including IPO execution, market entry planning, corporate structuring, and post-listing advisory.

The company is also accelerating growth in its fintech, AI-as-a-service, and cybersecurity platforms for enterprise clients across the region, responding to strong demand from organizations seeking to modernize their operations in the digital economy.

VCI Global (NASDAQ: VCIG) has announced a 1-for-20 reverse stock split effective April 3, 2025, at 12:01 a.m. Eastern Time. The company's common stock will continue trading on the Nasdaq Capital Market under the symbol 'VCIG' with a new CUSIP number G98218301.

The reverse split will reduce outstanding shares from approximately 54.5 million to 2.8 million. The primary goal is to increase the market price per share to maintain Nasdaq Capital Market listing compliance. No fractional shares will be issued, with amounts rounded up to the nearest whole number.

Vstock Transfer, will serve as the exchange agent, managing the conversion process for stockholders with physical certificates to split-adjusted book-entry shares. Shares held through brokers will be automatically adjusted in customer accounts.

VCI Global (NASDAQ: VCIG) has launched DeepAI through its subsidiary V Gallant, introducing a plug-and-play AI infrastructure platform for enterprise-level AI adoption. The platform offers GPU-optimized services with pre-installed capabilities for AI model deployment, eliminating the need for capital expenditure and internal AI teams.

DeepAI comes in three tiers: DeepAI SME for small enterprises, DeepAI Enterprise for mid-to-large corporations, and DeepAI Institution for high-security deployments. The platform enables on-premises processing, ensuring faster performance and enhanced data security.

According to Precedence Research, the global AI infrastructure market is projected to reach $60.23 billion by 2025, with a 26.60% CAGR from 2025 to 2034. DeepAI targets various sectors including finance, healthcare, marketing, and logistics, offering tailored AI capabilities while maintaining data sovereignty and security.

VCI Global (NASDAQ: VCIG) has secured three major AI infrastructure contracts worth US$33 million, featuring a combined 6-trillion-parameter processing capacity to be deployed within 12 months. The contracts span across three enterprises:

1. Hexatoff Group: A Malaysian infrastructure provider developing a data center in Enstek City
2. Quantum Universe Capital: A marketing technology company focused on gaming platforms
3. An unnamed Nasdaq-listed AI cloud services provider

The deployment includes AI-optimized servers with Intel processors and NVIDIA GPUs, complemented by proprietary software, AI model tuning, security enhancements, and 24/7 support. The infrastructure solution aims to optimize computing efficiency and enhance AI workload performance while maintaining robust cybersecurity measures and data protection protocols.