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VCI Global Secures US$100 Million in Funding Commitment to Fuel Further Growth in the AI and Renewable Energy Sector

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VCI Global (NASDAQ: VCIG) has secured a US$100 million investment commitment from Alumni Capital LP, following an earlier US$30 million equity line agreement in 2024. The new funding will be split equally between AI operations and renewable energy initiatives.

The AI allocation of US$50 million will strengthen VCIG's AI business portfolio, which includes V-Gallant, AICC, Generative AI Sdn Bhd, and AiSecure The company recently invested in AI digital clone startup Marvis, backed by major tech companies. The remaining US$50 million will be used over five years to acquire renewable energy projects across Southeast Asia and Europe, targeting US$200 million in revenue over 20 years.

These initiatives are projected to generate an additional US$50 million in revenue over the next three years, building on VCIG's 145% revenue growth in 2023 and 44% growth in H1 2024.

VCI Global (NASDAQ: VCIG) ha ottenuto un impegno di investimento di 100 milioni di dollari da Alumni Capital LP, dopo un precedente accordo per una linea di capitale di 30 milioni di dollari nel 2024. Il nuovo finanziamento sarà suddiviso equamente tra operazioni di intelligenza artificiale e iniziative nel settore delle energie rinnovabili.

L'allocazione per l'intelligenza artificiale di 50 milioni di dollari rafforzerà il portafoglio business di VCIG nell'IA, che include V-Gallant, AICC, Generative AI Sdn Bhd e AiSecure. L'azienda ha recentemente investito nella startup di cloni digitali Marvis, sostenuta da importanti aziende tecnologiche. I restanti 50 milioni di dollari saranno utilizzati nell'arco di cinque anni per acquisire progetti di energia rinnovabile in tutta l'Asia sudorientale e in Europa, puntando a raccogliere 200 milioni di dollari di fatturato in 20 anni.

Queste iniziative dovrebbero generare 50 milioni di dollari di fatturato aggiuntivo nei prossimi tre anni, costruendo sulla crescita del fatturato di VCIG del 145% nel 2023 e del 44% nel primo semestre del 2024.

VCI Global (NASDAQ: VCIG) ha asegurado un compromiso de inversión de 100 millones de dólares por parte de Alumni Capital LP, tras un acuerdo anterior de línea de capital de 30 millones de dólares en 2024. La nueva financiación se dividirá igualmente entre operaciones de inteligencia artificial e iniciativas de energía renovable.

La asignación de AI de 50 millones de dólares fortalecerá la cartera de negocios de IA de VCIG, que incluye a V-Gallant, AICC, Generative AI Sdn Bhd y AiSecure. La compañía ha invertido recientemente en la startup de clonación digital Marvis, respaldada por importantes empresas tecnológicas. Los otros 50 millones de dólares se utilizarán durante cinco años para adquirir proyectos de energía renovable en el sudeste asiático y Europa, con un objetivo de 200 millones de dólares en ingresos durante 20 años.

Se proyecta que estas iniciativas generen 50 millones de dólares adicionales en ingresos durante los próximos tres años, construyendo sobre el crecimiento del 145% en los ingresos de VCIG en 2023 y un crecimiento del 44% en el primer semestre de 2024.

VCI Global (NASDAQ: VCIG)는 Alumni Capital LP로부터 1억 달러의 투자 약속을 확보했으며, 이는 2024년 3천만 달러 주식 라인 계약을 따른 것입니다. 새 자금은 인공지능(AI) 운영과 재생 에너지 이니셔티브 간에 동등하게 분할될 것입니다.

인공지능 할당액 5천만 달러는 V-Gallant, AICC, Generative AI Sdn Bhd, AiSecure를 포함한 VCIG의 AI 비즈니스 포트폴리오를 강화할 것입니다. 이 회사는 최근 주요 기술 기업들이 지원하는 AI 디지털 클론 스타트업 Marvis에 투자했습니다. 나머지 5천만 달러는 아시아 동남아와 유럽 전역의 재생 가능 에너지 프로젝트를 인수하는 데 5년 동안 사용되며, 20년 동안 2억 달러의 수익 목표를 세우고 있습니다.

이러한 이니셔티브는 향후 3년 동안 추가로 5천만 달러의 수익을 창출할 것으로 예상되며, 이는 2023년 VCIG의 145% 수익 성장과 2024년 상반기 44% 성장을 기반으로 할 것입니다.

VCI Global (NASDAQ: VCIG) a sécurisé un engagement d'investissement de 100 millions de dollars de la part d'Alumni Capital LP, suite à un accord antérieur de ligne de capitaux de 30 millions de dollars en 2024. Le nouveau financement sera réparti également entre les opérations d'intelligence artificielle et les initiatives d'énergie renouvelable.

L'allocation pour l'IA de 50 millions de dollars renforcera le portefeuille commercial en IA de VCIG, qui comprend V-Gallant, AICC, Generative AI Sdn Bhd et AiSecure. La société a récemment investi dans la startup de clonage numérique Marvis, soutenue par de grandes entreprises technologiques. Les 50 millions de dollars restants seront utilisés sur cinq ans pour acquérir des projets d'énergie renouvelable en Asie du Sud-Est et en Europe, avec un objectif de 200 millions de dollars de revenus sur 20 ans.

Ces initiatives devraient générer 50 millions de dollars supplémentaires de revenus au cours des trois prochaines années, renforçant ainsi la croissance des revenus de 145 % de VCIG en 2023 et une croissance de 44 % au premier semestre 2024.

VCI Global (NASDAQ: VCIG) hat ein Investitionsengagement in Höhe von 100 Millionen US-Dollar von Alumni Capital LP gesichert, nach einer früheren Vereinbarung über eine Aktienlinie in Höhe von 30 Millionen US-Dollar im Jahr 2024. Die neue Finanzierung wird gleichmäßig auf KI-Operationen und erneuerbare Energieinitiativen verteilt.

Die KI-Allokation von 50 Millionen US-Dollar wird das KI-Geschäftsportfolio von VCIG stärken, das V-Gallant, AICC, Generative AI Sdn Bhd und AiSecure umfasst. Das Unternehmen hat kürzlich in das KI-Digital-Clone-Startup Marvis investiert, das von großen Technologieunternehmen unterstützt wird. Die verbleibenden 50 Millionen US-Dollar werden über fünf Jahre verwendet, um Projekte im Bereich erneuerbare Energie in Südostasien und Europa zu erwerben, mit dem Ziel, in 20 Jahren 200 Millionen US-Dollar Umsatz zu erzielen.

Diese Initiativen werden voraussichtlich in den nächsten drei Jahren zusätzlich 50 Millionen US-Dollar Umsatz generieren und auf dem Umsatzwachstum von 145% von VCIG im Jahr 2023 und 44% Wachstum im ersten Halbjahr 2024 aufbauen.

Positive
  • Secured US$100 million investment commitment
  • Previous revenue growth of 145% in 2023 and 44% in H1 2024
  • Projected additional revenue of US$50 million over next three years
  • Strategic expansion into AI and renewable energy sectors
  • Targeted US$200 million revenue from RE projects over 20 years
Negative
  • Investment commitment is optional, not guaranteed funding
  • RE revenue projection spans 20 years, indicating slow return on investment

Insights

The $100 million funding commitment represents a substantial capital injection for VCIG, particularly notable given its current market cap of about $28 million. The structure as a commitment rather than immediate funding provides strategic flexibility while minimizing immediate dilution. The additional $50 million allocation to AI operations could significantly accelerate revenue growth, building on their impressive 145% revenue growth in 2023.

The renewable energy investment strategy targeting $200 million in revenue over 20 years appears conservative, averaging $10 million annually. However, the $50 million capital deployment over 5 years could provide stable, recurring revenue streams that complement the more dynamic AI business segment.

This dual-focus strategy balances high-growth AI opportunities with steady RE income, though execution risks remain given the company's relatively small current size. The expanded funding provides important working capital for scaling operations across multiple high-potential markets.

The strategic focus on GPU infrastructure and AI solutions positions VCIG well within the rapidly expanding AI market. Their portfolio companies, particularly V-Gallant and Generative AI Sdn Bhd, target critical areas in AI system integration and LLM development. The investment in Marvis, backed by tech giants like Toshiba and Hitachi, demonstrates strong partnership potential and validates their AI strategy.

The allocation of $50 million to AI operations could significantly enhance their competitive position, especially in the GPU cloud computing services sector where demand continues to outstrip supply. Their diversified approach across AI infrastructure, software solutions and cybersecurity creates multiple revenue streams while reducing dependency on any single technology segment.

The Southeast Asian and European renewable energy markets present substantial growth opportunities, with increasing government support and private sector investment. VCIG's planned $50 million investment in RE projects is well-timed to capitalize on favorable regulatory environments and growing demand for sustainable energy solutions.

The company's geographic diversification across Asia-Pacific, US, Europe and Middle East markets reduces regional exposure risks while providing access to diverse growth opportunities. The combination of high-growth AI investments with stable RE projects could create an attractive risk-adjusted return profile for investors, though careful execution will be important given the ambitious scope of their expansion plans.

Funding to Accelerate Strategic Growth, Drive Innovation, and Strengthen Financial Flexibility for Long-Term Shareholder Value

KUALA LUMPUR, Malaysia, Jan. 21, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), today announced it has secured an additional US$100 million investment commitment from Alumni Capital LP (“Alumni Capital”). This commitment builds on an earlier US$30 million equity line agreement in 2024, reflecting confidence in VCI Global’s strategic direction and growth potential. VCIG retains the right, but not the obligation, to draw on this investment.

The US$100 million investment commitment will enable the Company to strengthen its AI business and advance renewable energy (RE) initiatives, with US$50 million specifically allocated to enhancing AI operations in response to the growing demand for AI-driven solutions. VCIG’s AI investment arm, VC AI Limited, currently manages a diversified portfolio of innovative companies. This includes V-Gallant, an AI system integrator; AICC; Generative AI Sdn Bhd, focused on large language models (LLM) and AI software solutions; and AiSecure Limited, a provider of advanced cybersecurity solutions. Moreover, VC AI Limited recently announced its investment in the AI-driven digital clone startup, Marvis, which is also backed by Toshiba Tec Malaysia, Hitachi Global, and NTT Data Group. These initiatives are expected to generate additional revenue for VCIG in 2025 and 2026.

To generate US$200 million in revenue over the next 20 years, VCI Global also plans to allocate up to US$50 million over the next five years to acquire RE projects across Southeast Asia and Europe. This investment aligns with the Company’s commitment to reducing carbon footprints and contributing to the global fight against climate change.

“By leveraging the growing demand for AI solutions, we are advancing our infrastructure and scaling innovative offerings to drive exponential revenue growth. At the same time, we are strategically building a sizeable war chest to expand investments in renewable energy, reinforcing our commitment to sustainability. These combined initiatives are expected to drive an additional US$50 million in revenue for VCIG over the next three years, building on the impressive 145% revenue growth achieved in 2023 and 44% growth in the first half of 2024. Through innovation and strategic investments, we remain dedicated to delivering lasting value to our shareholders,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

About VCI Global Limited

VCI Global is a diversified holding company headquartered in Kuala Lumpur, Malaysia. The Company operates through five core businesses: Capital Market Consultancy, Fintech, Real Estate, AI & Robotics, and Cybersecurity. In Capital Market Consultancy, we provide IPO solutions, investor relations (IR) and public relations (PR) consultancy, and M&A consultancy. Our Fintech arm offers a proprietary financing platform. In Real Estate, we offer specialized real estate consultancy services. The AI business delivers GPU servers, GPU cloud computing services, AI and large language model (LLM) solutions, while the Robotics segment focuses on post-harvest robotics systems. Our Cybersecurity segment provides comprehensive cybersecurity consultancy services and solutions. Committed to fostering innovation and delivering exceptional value, VCI Global has established a strong presence across the Asia-Pacific region, the United States, Europe, and the Middle East, driving growth and transformation on a global scale.

For more information on the Company, please log on to https://v-capital.co/

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

CONTACT INFORMATION:

For media queries, please contact:

VCI GLOBAL LIMITED
enquiries@v-capital.co


FAQ

How will VCIG allocate the US$100 million investment commitment?

VCIG will allocate US$50 million to enhance AI operations and US$50 million over five years for renewable energy projects across Southeast Asia and Europe.

What revenue growth did VCIG report in 2023 and H1 2024?

VCIG reported 145% revenue growth in 2023 and 44% growth in the first half of 2024.

What companies are in VCIG's AI investment portfolio?

VCIG's AI portfolio includes V-Gallant, AICC, Generative AI Sdn Bhd, AiSecure , and recently invested in Marvis.

How much additional revenue does VCIG expect from its new initiatives?

VCIG expects to generate an additional US$50 million in revenue over the next three years from its AI and renewable energy initiatives.

What is the expected revenue from VCIG's renewable energy projects?

VCIG expects to generate US$200 million in revenue over 20 years from its renewable energy projects.

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