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VCI Global Limited (symbol: VCIG) is a prominent holding company specializing in business strategy consultancy and technology development solutions. The company operates through three main segments:
- Business Strategy Consultancy: This segment is the primary revenue driver, offering listing solutions, investor relations, and boardroom strategies. It covers the entire listing process from pre-listing diagnosis to finalization, serving both local and international clients.
- Technology Consultancy: VCI Global provides cutting-edge technology solutions tailored to enhance business operations and efficiency, ensuring clients stay competitive in an ever-evolving tech landscape.
- Others: This includes various ancillary services that complement their main consulting offerings, adding value to their core business functions.
VCI Global's comprehensive approach ensures that clients receive end-to-end support, whether they are seeking to expand their market presence or enhance operational performance. With a diverse clientele spanning multiple industries and geographical locations, the company is well-equipped to handle cross-border listings and complex business challenges.
Recent achievements and ongoing projects reflect VCI Global's commitment to excellence and innovation. The firm has established strategic partnerships and continuously adapts to the dynamic market environment, ensuring robust financial health and sustained growth.
For the latest updates and detailed information about VCI Global Limited's financial performance, projects, and developments, please visit their official website or contact them directly via email.
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VCI Global Limited (NASDAQ: VCIG) has closed a public offering of 2,200,000 ordinary shares and accompanying Series A and Series B warrants, generating approximately $2.75 million in gross proceeds. The Company plans to utilize the net proceeds for client initial public offerings investment, strategic acquisitions of businesses, financing initiatives, research and development for technology-related areas, and team expansion.
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VCI Global Limited (NASDAQ: VCIG) announced a public offering of 2,200,000 ordinary shares and accompanying Series A and Series B warrants at a combined offering price of $1.25 per share. The Series Warrants have an exercise price of $1.25 per share and will be immediately exercisable upon issuance. The Series A Warrants will expire five years following the initial exercise date, and the Series B Warrants will expire eighteen months following the initial exercise date.
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VCI Global Limited (NASDAQ: VCIG) announced the acquisition of a 51% stake in a special purpose vehicle for CAD12.1 million, involving the transfer of Nextech3D.AI Corporation's proprietary AI 3D modeling platform, resulting in a 97% revenue growth for the first nine months of 2023. The global 3D modeling market is projected to grow by a compound average growth rate of up to 20% until 2030.
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VCI Global Limited (NASDAQ: VCIG) announced that its financial technology arm, Accuventures Sdn Bhd, will be acquiring EVOLET, a home-grown digital platform providing secured financial access and services for the unbanked in Malaysia. The acquisition will provide VCI Global direct access to the local remittance market, which is projected to reach a transaction value of RM3.6 billion (approximately US$750 million) in 2023, with a compound average growth rate of almost 11% until 2026. EVOLET is already serving over 13,000 users from 13 countries, and has integrated with notable partners and leading mobile wallet and online payment platforms. The acquisition will allow VCI Global to integrate Credilab, its AI-powered micro-financing platform, with EVOLET, targeting the foreign workers in Malaysia.
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VCI Global Limited (NASDAQ: VCIG) announces a strategic collaboration with Evolve Capital Advisory Private Limited to provide companies with enhanced opportunities for public listings on NASDAQ or SGX. Evolve Capital, with extensive expertise in providing strategic advice and capital markets capabilities, aims to offer a versatile platform for businesses in today’s dynamic market environment.
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VCI Global Limited (NASDAQ: VCIG) announces the acquisition of Playstack Limited's AI-based AdTech platforms. The platforms utilize AI and gamification of digital marketing assets, including augmented reality, to maximize brand engagement on mobile. The technology has been successful in the UK with major brands and charities, proving its ability to connect with and monetize users in innovative ways. The acquisition is expected to significantly enhance VCIG's customer engagement and monetization, providing valuable customer data and driving consumer activations in newly partnered businesses.
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VCI Global collaborates with Agroz Group to develop AI-based smart greenhouses to address food security issues
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VCI Global Limited announces intent to acquire leasing rights of Impiana Private Villas Cemagi and Impiana Private Villas Kata Noi in Bali and Phuket respectively.
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VCI Global announced record high revenue of RM44.5 million ($9.5 million), representing 108% YoY growth. Business strategy consultancy fee revenue increased by 83% to RM20.8 million ($4.5 million). Technology development, solutions, and consultancy revenue increased by 104.3% to RM19.7 million ($4.2 million). Net income increased by 37.6% to $4.3 million. Cash and cash equivalents increased to RM15 million ($3.3 million).
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VCI Global will release its financial results for the first half of 2023 on October 4th. A webcast will be held to discuss the results and outlook. Archived version of the webcast will be available on the company's website for two weeks.
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FAQ
What is the current stock price of VCI Global Ordinary Share (VCIG)?
The current stock price of VCI Global Ordinary Share (VCIG) is $1.61 as of December 20, 2024.
What is the market cap of VCI Global Ordinary Share (VCIG)?
The market cap of VCI Global Ordinary Share (VCIG) is approximately 19.8M.
What does VCI Global Limited do?
VCI Global provides business strategy consultancy and technology development solutions, focusing on listing solutions, investor relations, and boardroom strategies.
What are the main segments of VCI Global Limited?
The company operates in three segments: Business Strategy Consultancy, Technology Consultancy, and Others.
Which segment generates the most revenue for VCI Global Limited?
The Business Strategy Consultancy segment is the primary revenue driver for VCI Global Limited.
What services does the Business Strategy Consultancy segment offer?
It offers listing solutions, investor relations, and boardroom strategies, covering the entire listing process from diagnosis to finalization.
Does VCI Global Limited have an international clientele?
Yes, VCI Global serves a diverse local and international clientele, providing services for both local and cross-border listings.
How can I contact VCI Global Limited for more information?
You can contact VCI Global Limited via email at enquiries@v-capital.co or visit their official website for more details.
What recent achievements has VCI Global Limited made?
VCI Global has established strategic partnerships and continues to adapt to market changes, reflecting its commitment to innovation and growth.
What is the focus of the Technology Consultancy segment of VCI Global Limited?
The Technology Consultancy segment provides solutions to enhance business operations and efficiency, keeping clients competitive in the tech landscape.
How does VCI Global Limited support its clients?
VCI Global offers end-to-end support, from pre-listing diagnosis to the finalization of the listing process, along with tailored technology solutions.
Where can I find the latest news and updates about VCI Global Limited?
For the latest news and updates, visit VCI Global Limited's official website or contact them via email.
VCI Global Limited Ordinary Share
Nasdaq:VCIG
VCIG Rankings
VCIG Stock Data
19.77M
11.39M
4.48%
0.03%
5.47%
Consulting Services
Industrials
United States of America
Kuala Lumpur