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VCI Global Limited Ordinary Share - VCIG STOCK NEWS

Welcome to our dedicated page for VCI Global Ordinary Share news (Ticker: VCIG), a resource for investors and traders seeking the latest updates and insights on VCI Global Ordinary Share stock.

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 been engaged by Reveillon Group Sdn Bhd as its IPO consultant, with projected revenue expected to range from USD $4 million to USD $8 million. The IPO is anticipated to be completed in 2024/2025, aiming to list on Nasdaq. Reveillon Group, a food and beverage company, also provides production, sales, and distribution services for a wide range of food and beverages. VCI Global will play a crucial role in coordinating with external professionals to ensure the successful execution of the IPO exercise, offering consultancy services related to equity structure, capital market strategy, regulatory approvals, and compliance matters.
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VCI Global Limited (NASDAQ: VCIG) has been awarded an IPO contract to list one of the largest Information Technology companies in Malaysia, solidifying a strategic alliance with Legacy Corporate Advisory. The IT Company achieved a revenue growth of 250% in the last fiscal year and anticipates completing its planned IPO on Nasdaq by the end of 2024.
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V Capital Real Estate Sdn Bhd, a subsidiary of VCI Global Limited (NASDAQ: VCIG), has acquired leasing rights for land in Phuket, Thailand, including Impiana Private Villas Kata Noi, presenting an opportunity for future expansion. The acquisition aligns with the company's strategy to explore opportunities in the Southeast Asia hospitality sector, with Thailand's hospitality industry expected to reach USD$19 billion by 2028, giving a 5-year compound average growth rate of almost 30%. The World Bank's projected rise in Thailand's economic growth from 2.5% in 2023 to 3.2% in 2024, fueled by recovery in tourism, goods export, and sustained private consumption, further supports the potential for growth in the tourism and hospitality sectors.
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VCI Global Limited has been engaged by a Singapore-based Fin-MedTech Medical Group as its IPO consultant for its intended IPO on Nasdaq. The Medical Group offers personalised, predictive and preventive medicine through a digital wallet and digital twin, all within its proprietary Fin-MedTech single platform. VCI Global will provide consultancy services in equity structure and capital market strategy, facilitate engagements of external professionals, assists in regulatory approval, and provide recommendations in compliance and internal control matters. The estimated income from this consultancy service is in the range of USD4 million to USD8 million pending the IPO valuation.
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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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FAQ

What is the current stock price of VCI Global Ordinary Share (VCIG)?

The current stock price of VCI Global Ordinary Share (VCIG) is $1.27 as of January 21, 2025.

What is the market cap of VCI Global Ordinary Share (VCIG)?

The market cap of VCI Global Ordinary Share (VCIG) is approximately 30.6M.

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

30.58M
21.30M
4.39%
0.03%
1.13%
Consulting Services
Industrials
Link
United States of America
Kuala Lumpur