IPO Year: 2023
Exchange: NASDAQ
KUALA LUMPUR, Malaysia, Nov. 01, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("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-49 stock split of the Company's common stock with no par value, effective at 12:01 a.m. Eastern Time on 5 November, 2024 (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 5 November, 2024, under the Company's existing trading symbol "VCIG" with the new CUSIP number G98218 202. The Reverse Stock Split is primaril
KUALA LUMPUR, Malaysia, Oct. 29, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global" or the "Company") is pleased to announce that its subsidiary, V Gallant Sdn Bhd ("V-Gallant"), has been awarded a groundbreaking US$16 million contract to develop an advanced AI digital human-enabled live streaming platform for a Malaysian e-commerce player. This innovative live-streaming platform integrates a comprehensive development strategy that leverages AI servers powered by NVIDIA H200 Tensor Core GPUs and V-Gallant's AI software. Engineered to deliver high-quality live streaming enhanced by AI digital human solutions, it provides interactive experiences align
KUALA LUMPUR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global" or the "Company") is thrilled to announce the successful IPO of its client, Founder Group Limited's (NASDAQ:FGL) ("FGL") on Nasdaq on October 23, 2024. FGL is a leading Malaysian solar engineering, procurement, construction and commissioning (EPCC) company that was spun off from Reservoir Link Energy Berhad, a Bursa Malaysia-listed company. With expertise in capital market consultancy, VCI Global facilitated FGL's entire IPO journey, culminating in its trading debut on Wednesday, which resulted in a market capitalization exceeding US$65 million and raised US$4.875 milli
KUALA LUMPUR, Malaysia, Oct. 21, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global" or the "Company"), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, is pleased to announce the appointment of its new executive director, Victor Lee, starting November 1, 2024. This strategic transition is designed to strengthen the Company's leadership and better align with its evolving business landscape and go-forward strategy. VCI Global is pleased to welcome Mr. Victor Lee to the board as Executive Director, succeeding Marco Baccanello. Mr. Victor Lee is a seasoned private equity professional with 28 years
KUALA LUMPUR, Malaysia, Oct. 09, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global" or the "Company"), through its subsidiary, V Gallant Sdn Bhd ("V-Gallant"), is offering end-to-end AI computing solutions to enterprises by integrating next-generation AI servers equipped with NVIDIA H200 Tensor Core GPUs and AI software such as Large Language Models (LLMs) and automated machine learning platforms. Beyond seamless integration, enterprises can enhance operational efficiency by optimizing computing power distribution, improving data flow, and task automation. V-Gallant collaborates with leading server manufacturers and solution providers to empower organ
KUALA LUMPUR, Malaysia, Oct. 01, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global" or the "Company") today announced a new investment commitment of US$30 million from Alumni Capital LP ("Alumni Capital"). Following an earlier investment of US$5 million from Alumni Capital, this additional US$30 million, in exchange for VCI Global common shares, will reinforce VCI Global's strategic push into its AI cloud computing business, particularly for its planned developments in the second quarter of 2025. VCI Global retains the right, but is not obligated, to draw on this amount, providing the Company with the flexibility to access the funds as needed, while pr
KUALA LUMPUR, Malaysia, Sept. 27, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global," "VCIG," or the "Company") today announced the termination of its At-The-Market equity offering program ("ATM program") with H.C. Wainwright & Co., LLC as sales agent. The ATM program, which was initiated to offer shares totaling approximately US$4.96 million from time to time, was formally terminated on September 25, 2024. As of the termination date, the ATM program has generated total gross proceeds of approximately US$1.77 million. The Company views this as an opportunity to explore more favorable financing options that better align with its long-term growth object
KUALA LUMPUR, Malaysia, Sept. 10, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global," "VCIG," or the "Company") is pleased to announce its planning related to the reorganization of its AI business, capital raising, and the forthcoming share repurchase program. AI Business VCIG has initiated a strategic reorganization of its AI operations under the newly formed subsidiary, VC AI Limited. The AI business has been restructured into four pivotal business segments: GPU servers – VCIG will launch its proprietary brand of GPU servers for the AI industry and commence operation in October 2024.GPU cloud computing – The Company will debut its AI data center b
KUALA LUMPUR, Malaysia, Sept. 03, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global," "VCIG," or the "Company") is pleased to announce that it has secured a major contract with Legacy Corporate Advisory Sdn Bhd ("Legacy"), a premier consulting firm based in Malaysia. Valued at approximately US$18 million, this significant deal is set to bring four high-potential Malaysian-based companies across diverse industries, including telecommunications, waste management, healthcare and beauty, and leisure to the Nasdaq stock exchange. The companies set to debut on the Nasdaq stock exchange through this groundbreaking deal include: Neutral Transmission Malaysia
KUALA LUMPUR, Malaysia, Aug. 27, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global," "VCIG," or the "Company") is pleased to announce that its Chief Executive Officer, Dato' Victor Hoo, has significantly increased his shareholding in the Company. This move, along with the recent share buyback program announced on August 19, 2024, and the Company's strong financial performance for the first half of 2024, highlights VCIG's impressive growth trajectory and positive outlook. Prior to the transaction, Dato' Victor Hoo beneficially owned and controlled 12.05% of the Company's total outstanding shares, comprising 10.72% held directly and 1.33% of indirect sh
KUALA LUMPUR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global" or the "Company") is thrilled to announce the successful IPO of its client, Founder Group Limited's (NASDAQ:FGL) ("FGL") on Nasdaq on October 23, 2024. FGL is a leading Malaysian solar engineering, procurement, construction and commissioning (EPCC) company that was spun off from Reservoir Link Energy Berhad, a Bursa Malaysia-listed company. With expertise in capital market consultancy, VCI Global facilitated FGL's entire IPO journey, culminating in its trading debut on Wednesday, which resulted in a market capitalization exceeding US$65 million and raised US$4.875 milli
KUALA LUMPUR, Malaysia, Oct. 21, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) (Frankfurt: H0T) ("VCI Global" or the "Company"), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, is pleased to announce the appointment of its new executive director, Victor Lee, starting November 1, 2024. This strategic transition is designed to strengthen the Company's leadership and better align with its evolving business landscape and go-forward strategy. VCI Global is pleased to welcome Mr. Victor Lee to the board as Executive Director, succeeding Marco Baccanello. Mr. Victor Lee is a seasoned private equity professional with 28 years
NEW YORK and KUALA LUMPUR, Malaysia, June 14, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, today announced the appointment of Mr. Carlson Thow as its new Chief Executive Officer, succeeding Mr. Sam Teo, who has resigned from his position. Mr. Thow, previously the Group Chief Legal Officer of Nasdaq-listed VCI Global Limited (NASDAQ:VCIG), brings extensive expertise in corporate leadership, business strategy, and driving successful business transformations. During his tenure at VCI Global Limited, Mr. Thow played a pivotal role in guiding the company through a successful transition from a private
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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
KUALA LUMPUR, Malaysia, Oct. 02, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global", or the "Company") today announced that it will release its financial results for its first half ended June 30th, 2023, before markets open on October 4th, 2023. VCI Global's management team will hold an earnings Webcast at 8:30 a.m. Eastern Time on October 4th, 2023 to discuss the Company's financial and business results and outlook. What: Date of VCI Global 1H 2023 Financial Results and Q&A WebcastWhen: Wednesday, October 4, 2023Time: 8:30 a.m. Eastern Time / 8:30 p.m. Malaysia TimeWebcast: Conference call registration link: https://register.vevent.com/register/BI32821ec0a11c4c70ad8
KUALA LUMPUR, Malaysia, June 06, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global", or the "Company") has declared a first single tier interim dividend of USD0.01 per ordinary share. The payout is the Company's way of rewarding its shareholders for their support over the years. The dividend will be paid out on Monday, 31 July 2023 to the shareholders whose names are on the record at the close of business on Monday, 3 July 2023. The ex-date is Friday, 30 June 2023. VCI Global also announced a change in its dividend policy where dividend will be paid on a regular basis at the end of each financial year. This is notwithstanding interim dividends which may be declar
KUALA LUMPUR, Malaysia, May 15, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global", or the "Company") today announced it has signed a Partnership Agreement with Horizon Fintex Advisors, Ltd. ("HFA"), a registered sponsor advisor to Upstream, a MERJ Exchange securities market. This HFA partnership works to add immense value to VCI Global's expanding business advisory practice by offering VCI clients a streamlined path to dual list on Upstream's next generation market and reach a digital-first investor base. HFA comes to VCI Global with an impressive track record of success in listing companies on Upstream, which has allowed them to develop a valuable network of investo
Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, is thrilled to announce its collaboration with VCI Global Limited (NASDAQ:VCIG) ("VCIG") and Cogia AG ("Cogia") to strategically plan the rollout of VCIG Secure Cogia Messenger, an integrated secure messenger application with a cryptocurrency wallet for the ZCITY App, enhancing communication and financial services for ZCITY's 3 million users. The strategic rollout introduces the VCIG Secure Cogia Messenger, a secure messenger application that combines military-grade encryption with an integrated cryptocurrency wallet. This initiative initially targets Treasure Global's 3 million ZC
VCI Global Limited (NASDAQ:VCIG) ("VCI Global", "VCIG", or the "Company"), a diversified holding company specializing in consulting, fintech, AI, robotics and cybersecurity, is pleased to announce its secondary listing on the Frankfurt Stock Exchange under the ticker symbol "H0T" (Frankfurt: H0T) in the Open Market.
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 as a substantial shareholder in TalkingData as well as granting VC
Gainers Primech Holdings (NASDAQ:PMEC) shares moved upwards by 12.5% to $0.69 during Thursday's pre-market session. The company's market cap stands at $24.4 million. Roma Green Finance (NASDAQ:ROMA) shares rose 8.49% to $0.57. The market value of their outstanding shares is at $5.9 million. MISTRAS Group (NYSE:MG) shares moved upwards by 7.14% to $9.0. The company's market cap stands at $278.7 million. Ocean Power Techs (AMEX:OPTT) shares increased by 7.04% to $0.16. The company's market cap stands at $9.7 million. Nuburu (AMEX:BURU) stock increased by 6.43% to $0.16. The company's market cap stands at $5.9 million. FTC Solar (NASDAQ:FTCI) stock moved upwards by 4.99% to $0.48. The mar
Gainers Roma Green Finance (NASDAQ:ROMA) stock increased by 5.8% to $0.58 during Wednesday's after-market session. The market value of their outstanding shares is at $6.0 million. FTC Solar (NASDAQ:FTCI) shares rose 5.01% to $0.48. The company's market cap stands at $59.8 million. Armlogi Holding (NASDAQ:BTOC) shares rose 4.8% to $5.08. The company's market cap stands at $211.3 million. As per the press release, Q3 earnings came out yesterday. KULR Tech Gr (AMEX:KULR) shares increased by 4.47% to $0.35. The market value of their outstanding shares is at $63.9 million. GrafTech International (NYSE:EAF) stock increased by 3.96% to $1.31. The market value of their outstanding shares is at
Gainers WANG & LEE Group (NASDAQ:WLGS) shares moved upwards by 39.5% to $0.88 during Wednesday's pre-market session. The company's market cap stands at $13.2 million. Rentokil Initial (NYSE:RTO) stock rose 12.29% to $30.23. The company's market cap stands at $15.1 billion. AERWINS Technologies (NASDAQ:AWIN) stock rose 9.41% to $3.95. The market value of their outstanding shares is at $3.6 million. Surf Air Mobility (NYSE:SRFM) stock increased by 7.83% to $0.3. The company's market cap stands at $24.9 million. KULR Tech Gr (AMEX:KULR) shares increased by 7.35% to $0.37. The market value of their outstanding shares is at $68.0 million. Montana Technologies (NASDAQ:AIRJ) shares rose 5.46%
Gainers WANG & LEE Group (NASDAQ:WLGS) shares increased by 73.2% to $1.06 during Tuesday's after-market session. The company's market cap stands at $15.9 million. Rentokil Initial (NYSE:RTO) shares moved upwards by 7.39% to $28.91. The market value of their outstanding shares is at $14.5 billion. Westwater Resources (AMEX:WWR) shares rose 7.13% to $0.55. The company's market cap stands at $31.4 million. Jayud Global Logistics (NASDAQ:JYD) shares rose 5.04% to $0.65. The company's market cap stands at $13.7 million. Quhuo (NASDAQ:QH) shares increased by 4.88% to $0.53. The company's market cap stands at $5.5 million. Exela Technologies (NASDAQ:XELA) stock increased by 4.76% to $2.42. Th