KUALA LUMPUR, Malaysia, May 22, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global"), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, today announced a significant amendment to its equity line agreement with Alumni Capital LP ("Alumni Capital"). The revised terms underscore VCI Global's disciplined capital strategy and reinforce its commitment to long-term shareholder value. Under the revised terms, any future equity issuance to Alumni Capital will be priced at 102% of the lowest trading price over the preceding five trading days, a notable improvement from the previ

KUALA LUMPUR, Malaysia, May 15, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global") today announced that its fintech subsidiary, Credilab Sdn Bhd ("Credilab" or the "Company") has secured a conditional approval for a digital moneylending license from Malaysia's Ministry of Local Government Development ("KPKT"). This regulatory green light marks a significant milestone in the company's mission to democratize access to fast, AI-driven financing across Southeast Asia. Credilab is spearheading VCI Global's fintech expansion strategy by delivering same-day loans with near-zero non-performing loan (NPL) rates. Its proprietary decision-making engine processes real-time beh

KUALA LUMPUR, Malaysia, May 13, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, is proud to announce its audited financial results for the financial year ended December 31, 2024 (the "Financial Results"). VCI Global delivered record-high revenue of US$27.8 million for fiscal year 2024, marking a 41% year-over-year (YoY) increase, driven by strong performance across capital market consultancy, technology, and fintech segments.Gross profit rose 39% YoY to US$22.9 million, reflecting discipline

KUALA LUMPUR, Malaysia, May 02, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global") is pleased to announce that it has secured a new Nasdaq initial public offering (IPO) advisory mandate through its consultancy arm, V Capital Consulting Group Limited ("VCCG" or the "Company"), with Malaysian-based agricultural technology firm Saturn Agtech Berhad ("Saturn"). VCCG will serve as the lead advisor for Saturn's planned Nasdaq listing, which is targeted for completion in 2026. Saturn is a leading controlled environment agriculture (CEA) company in Southeast Asia, operating state-of-the-art indoor vertical farms in Malaysia. Since 2018, Saturn has continuously advanced its p

KUALA LUMPUR, Malaysia, April 30, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced that its fintech subsidiary, Credilab Sdn Bhd ("Credilab"), a fast-scaling digital lending platform, has secured a strategic investment worth US$1 million from Triple Helix Capital Ltd ("Triple Helix"), a leading Dubai-based private investment fund. Credilab is focused on promoting financial inclusion by providing same-day loan disbursements to the microfinance and small and medium-sized enterprise (SME) segments that have historically been underserved by traditional banks. Operating under a licensed money lending business approved by the Ministry of

KUALA LUMPUR, Malaysia, April 29, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), today announced that it will release its financial results for fiscal year 2024, ended December 31, 2024, before markets open on May 13, 2025. VCI Global's management team will hold an earnings call at 8:00 a.m. Eastern Time on May 13, 2025, to discuss the Company's financial and business outlook. Please call the conference telephone number 10 minutes prior to the start time. To access the call, please register at the following link to receive the dial-in number and a unique PIN:https://register-conf.media-server.com/register/BI02d2528b595241a2a67cb0a96fc71ca0 An a

KUALA LUMPUR, Malaysia, April 07, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a leading technology and advisory group specializing in AI, cybersecurity, and capital markets, today announced that it has no material exposure to the newly imposed United States (U.S.) tariffs. Despite ongoing shifts in the global trade environment, the Company maintains a stable outlook and continues to strengthen its dual-track strategy: enabling Southeast Asia's high-growth businesses to access U.S. capital markets and expanding its enterprise-focused technology solutions. As global supply chains and capital flows continue to adapt to the complexities of U.S. –

KUALA LUMPUR, Malaysia, April 01, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, is pleased to announce the approved 1-for-20 stock split of the Company's common stock with no par value, effective at 12:01 a.m. Eastern Time on 3 April, 2025 (the "Reverse Stock Split"). VCI Global's common stock will continue to be traded on the Nasdaq Capital Market on a split-adjusted basis beginning on 3 April, 2025, under the Company's existing trading symbol "VCIG" with the new CUSIP number G98218301. The Reverse Stock Split is primarily intended to increase

KUALA LUMPUR, Malaysia, March 24, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a leading provider of technology solutions, is pleased to announce the acquisition of three significant contracts totaling US$33 million for the deployment of advanced AI infrastructure solutions. These projects are set to enhance clients' computing capabilities, enabling the efficient management and processing of AI model distillation with a combined capacity of 6 trillion parameter distillation. VCI Global's AI infrastructure solutions will be deployed across three major clients, each operating in distinct high-growth industries: Hexatoff Group Sdn Bhd ("Hexa

KUALA LUMPUR, Malaysia, March 17, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a leading AI infrastructure provider, has signed a definitive agreement, valued at approximately US$1.8 million, to acquire Datanex Asia Sdn Bhd ("Lux-Motion"), a high-growth Malaysian luxury supercar e-commerce platform. The acquisition marked a significant expansion into AI-driven automotive financing and blockchain-powered digital lending, further solidifying VCI Global's leadership innovation within the luxury auto sector. As an AI-powered luxury supercar e-commerce platform, Lux-Motion is transforming high-end automotive services through advanced digital innova

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KUALA LUMPUR, Malaysia, April 29, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), today announced that it will release its financial results for fiscal year 2024, ended December 31, 2024, before markets open on May 13, 2025. VCI Global's management team will hold an earnings call at 8:00 a.m. Eastern Time on May 13, 2025, to discuss the Company's financial and business outlook. Please call the conference telephone number 10 minutes prior to the start time. To access the call, please register at the following link to receive the dial-in number and a unique PIN:https://register-conf.media-server.com/register/BI02d2528b595241a2a67cb0a96fc71ca0 An a

KUALA LUMPUR, Malaysia, March 24, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a leading provider of technology solutions, is pleased to announce the acquisition of three significant contracts totaling US$33 million for the deployment of advanced AI infrastructure solutions. These projects are set to enhance clients' computing capabilities, enabling the efficient management and processing of AI model distillation with a combined capacity of 6 trillion parameter distillation. VCI Global's AI infrastructure solutions will be deployed across three major clients, each operating in distinct high-growth industries: Hexatoff Group Sdn Bhd ("Hexa

KUALA LUMPUR, Malaysia, Jan. 27, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global"), through its AI subsidiary, AI Computing Center Malaysia Sdn. Bhd. ("AICC" or the "Company") proudly announces a major AI asset acquisition through Super Micro Computer, Inc. (NASDAQ:SMCI) ("Supermicro"). This strategic investment entails the procurement of state-of-the-art 64 Supermicro servers equipped with 512 NVIDIA H200 Tensor Core Graphics Processing Units ("NVIDIA H200 GPUs"), for the launch of its AI cloud business. AICC's investment of over US$25 million marks a significant milestone in its journey to becoming a leading AI infrastructure provider. This investment is expected

KUALA LUMPUR, Malaysia, Aug. 15, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global", "VCIG", or the "Company") today announced that it will release its financial results for its first half ended June 30th, 2024, before markets open on August 19th, 2024. VCI Global's management team will hold earnings call at 8:26 a.m. Eastern Time on August 19th, 2024, to discuss the Company's financial and business outlook. Please call the conference telephone number 10 minutes prior to the start time. To access the call:Dial-In Number: 1-857-232-0157Access Code: 422095 An archived version of the conference call will be available for replay at https://www.smallcapv

KUALA LUMPUR, Malaysia, June 24, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global", "VCIG", or the "Company"), has signed an agreement to invest up to US$30 million in TalkingData Group Holding Limited. TalkingData Group Holding Limited ("TalkingData"), is one of Asia's largest providers of big data analytics and AI-powered solutions, serving major global brands such as Google, Yahoo, L'Oréal, PepsiCo, and Nike. TalkingData is backed by prominent investors, including China Resources Capital ("CR Capital"), Softbank's SB China Venture Capital (SBCVC), JD.com, VMS Asset Management, Northern Light Venture Capital, among others. This investment leads VCIG to emerge a

KUALA LUMPUR, Malaysia, April 26, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global", "VCIG", or the "Company"), is pleased to announce that it has scheduled an investor conference call at 8:00 a.m. Eastern Time on Tuesday, April 30th, 2024. "We are very excited and look forward to sharing with our investors the growth that our company has seen over this last year," stated Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global. Please call the conference telephone number 10 minutes prior to the start time. To access the call:Dial-In Number: 1-857-232-0157Access Code: 422095 About VCI Global Limited VCI Global is a diversified holding

KUALA LUMPUR, Malaysia, April 15, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global", "VCIG", or the "Company"), a disruptive technology and IP aggregator and capital markets advisor based in Southeast Asia, announced the acquisition of two leading AI gamification brand engagement platforms on mobile from a UK-based games developer. The acquisition of the "ENGAGE" and "Interact" platforms opens up vast new monetization channels in brand marketing to VCIG, with global mobile advertising spending projected to hit $400 billion in 2024, with $136 billion (Martech) being spent on mobile games alone by 2025, and 65% of all US digital advertising spend directed towards mobile

KUALA LUMPUR, Malaysia, March 18, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global", "VCIG", or the "Company") today announced it has closed transaction with Cogia GmbH, by successfully acquired Socializer Messenger from Cogia GmbH, a software company based in Germany. This highly secure messenger platform is currently serving the government of a NATO founding EU country. The Socializer Messenger represents the ultimate communication solution, integrating revolutionary privacy and security features with advanced AI technology. Setting itself apart from conventional messaging apps, it offers built-in face recognition, self-destructing messages, and additional app lock

KUALA LUMPUR, Malaysia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- V Capital Real Estate Sdn Bhd, the real estate arm and a subsidiary of VCI Global Limited (NASDAQ:VCIG) ("VCI Global", or the "Company"), today announced that it has executed an agreement with Haad Sai Ngen Co. Ltd. for the acquisition of leasing rights for land, including Impiana Private Villas Kata Noi, Phuket, and its associated assets. Upon VCI Global's acquisition of the leasing rights for an approximately 2,902 square meters land area in Karon Sub-District, Muang Phuket District, Phuket Province, Thailand, the Company secures Impiana Private Villas Kata Noi, Phuket along with all its associated assets. Impiana Private Villas

KUALA LUMPUR, Malaysia, Dec. 18, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global", or the "Company") today announced that it is acquiring a 51% stake in a special purpose vehicle ("SPV") for CAD12.1 million. This investment is made in connection with the transfer by Nextech3D.AI Corporation ("Nextech3D.AI") of the following assets into the said SPV, namely:- Nextech3D.AI's proprietary artificial intelligence ("AI") 3D modeling platform which comes with the technology, patents, know-how, proprietary information, and other intellectual property associated with the various e-commerce applications in connection with Nextech3D.AI's 3D modelling business; and3D modeling c