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    VCI Global Limited

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    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    IPO Year: 2023

    Exchange: NASDAQ

    Recent Analyst Ratings for VCI Global Limited

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    VCI Global Limited SEC Filings

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    SEC Form 6-K filed by VCI Global Limited

    6-K - VCI Global Ltd (0001930510) (Filer)

    2/25/26 11:01:15 AM ET
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    SEC Form 6-K filed by VCI Global Limited

    6-K - VCI Global Ltd (0001930510) (Filer)

    2/18/26 3:40:02 PM ET
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    SEC Form 6-K filed by VCI Global Limited

    6-K - VCI Global Ltd (0001930510) (Filer)

    2/11/26 4:05:13 PM ET
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    SEC Form 6-K filed by VCI Global Limited

    6-K - VCI Global Ltd (0001930510) (Filer)

    1/26/26 4:30:20 PM ET
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    SEC Form 6-K filed by VCI Global Limited

    6-K - VCI Global Ltd (0001930510) (Filer)

    1/23/26 4:10:03 PM ET
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    SEC Form 424B5 filed by VCI Global Limited

    424B5 - VCI Global Ltd (0001930510) (Filer)

    1/21/26 9:13:20 AM ET
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    SEC Form 6-K filed by VCI Global Limited

    6-K - VCI Global Ltd (0001930510) (Filer)

    12/11/25 3:30:02 PM ET
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    SEC Form 6-K filed by VCI Global Limited

    6-K - VCI Global Ltd (0001930510) (Filer)

    11/21/25 12:40:11 PM ET
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    SEC Form 424B5 filed by VCI Global Limited

    424B5 - VCI Global Ltd (0001930510) (Filer)

    11/20/25 4:30:51 PM ET
    $VCIG
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    SEC Form 6-K filed by VCI Global Limited

    6-K - VCI Global Ltd (0001930510) (Filer)

    11/19/25 4:30:02 PM ET
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    VCI Global Limited Press Releases

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    VCI Global Advances AI-Native Infrastructure Strategy with Formation of ROBODAX, Unifying Robotics Automation and Real-World Asset Digital Infrastructure

    KUALA LUMPUR, Malaysia, Feb. 20, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced the formation of ROBODAX, a strategic platform initiative established to unify the Company's robotics automation roadmap and real-world asset ("RWA") digital infrastructure strategy under a single execution architecture. The formation of ROBODAX marks a structural step in VCI Global's transition toward an AI-native infrastructure operating model. The initiative is designed to integrate robotics automation, AI orchestration frameworks, tokenisation architecture, and enterprise settlement capabilities into a coordinated platform strategy aimed at enablin

    2/20/26 8:24:00 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global Accelerates Commercialisation of Enterprise RWA Infrastructure, Entering Execution Phase with Majority-Controlled Digital Voucher Exchange

    KUALA LUMPUR, Malaysia, Feb. 18, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced a major execution milestone in its digital asset infrastructure strategy. Its blockchain infrastructure arm, Smart Bridge Technologies Limited ("Smart Bridge") has entered into a definitive agreement with Mezzofy Holding Limited ("Mezzofy"), an enterprise digital voucher solutions provider serving multinational corporations and Fortune 500 brands, to establish a Real-World Asset (RWA) Digital Coupon Exchange. The agreement transitions VCI Global from platform development into commercial deployment, positioning the Company to participate directly in tra

    2/18/26 3:40:00 PM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    E.F. Hutton and Co. Serves as Exclusive Placement Agent on VCI Global's $5 Million Registered Direct Offering

    NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- E.F. Hutton and Co. ("E.F. Hutton"), a leading investment banking and financial advisory firm, announced that it acted as exclusive placement agent in connection with a $5 million registered direct offering completed by VCI Global Limited (NASDAQ:VCIG), a cross-sector platform builder focused on technology, digital infrastructure, and capital markets solutions. The offering, structured in multiple tranches, is expected to generate aggregate gross proceeds of $5.0 million before placement agent fees and offering expenses. The transaction was facilitated with Esousa Group Holdings, LLC, a New York–based family office. E.F. Hutton advised on the s

    2/18/26 12:20:39 PM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global Provides Strategic Update on AI-Native Transformation and Subsidiary Spin-Off; Reaffirms Commitment to Nasdaq Compliance

    KUALA LUMPUR, Malaysia, Feb. 11, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a diversified holding company transitioning toward an AI-Native operating platform, today provided a strategic update on its evolving business model and reaffirmed its commitment to maintaining compliance with Nasdaq listing requirements. Validation of Modular Spin-Off Strategy VCI Global continues to advance its strategy to unlock value from its subsidiaries through potential independent listings. The Company confirms that its consulting arm, V Capital Consulting Group Limited ("VCCG"), filed a Form F-1 registration statement with the U.S. Securities and Exchange C

    2/11/26 8:00:00 AM ET
    $VCIG
    Diversified Commercial Services
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    VCI Global's Portfolio Company Reveillon Group Enters Strategic Cooperation with NOWWA Coffee to Develop the Malaysian Market

    KUALA LUMPUR, Malaysia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced that Reveillon Champ Sdn Bhd ("Reveillon Champ"), a subsidiary of VCI Global's portfolio company Reveillon Group Limited ("Reveillon Group"), has entered a strategic cooperation with NOWWA Global HK Limited ("NOWWA Coffee") to develop the Malaysian market. The agreement establishes a platform for potential broader expansion across Southeast Asia. Founded in Shanghai in 2019, NOWWA Coffee has rapidly scaled into a global coffee chain with more than 10,000 stores across over 300 cities worldwide. The brand is recognized for its digital-first operating mo

    2/10/26 8:08:00 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global Disposes of Fintech Business Credilab via Management Buyout Valued at US$43.74 Million; Advances AI-Native Capital Platform Strategy

    KUALA LUMPUR, Malaysia, Feb. 04, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced progress on its strategic restructuring, including an agreement to dispose of its fintech subsidiary, Credilab Sdn Bhd ("Credilab"), through a management buyout at an enterprise valuation of approximately US$43.74 million, representing 1.1× net tangible assets (NTA). The transaction is being settled through a combination of cash and shares and is subject to customary closing conditions. Upon completion, VCI Global will retain a 30% equity interest in Credilab, enabling the Company to participate in future value creation while removing the requirement

    2/4/26 3:30:00 PM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    E.F. Hutton and Co. Serves as Exclusive Placement Agent on VCI Global's $5 Million Registered Direct Offering

    NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) -- E.F. Hutton and Co. ("E.F. Hutton"), a leading investment banking and financial advisory firm, announced that it acted as exclusive placement agent in connection with a $5 million registered direct offering completed by VCI Global Limited (NASDAQ:VCIG), a cross-sector platform builder focused on technology, digital infrastructure, and capital markets solutions. The offering, structured in multiple tranches, is expected to generate aggregate gross proceeds of $5.0 million before placement agent fees and offering expenses. The transaction was facilitated with Esousa Group Holdings, LLC, a New York–based family office. E.F. Hutton advised on the s

    2/3/26 9:00:00 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global To Launch Robotics-Enabled Workforce Platform with YOUL to Transform ASEAN's Blue-Collar Economy

    KUALA LUMPUR, Malaysia, Jan. 28, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a global technology and capital markets platform, today announced plans to launch a Robotics-Enabled Workforce Platform through a strategic term sheet agreement with Youlife Group Inc. (NASDAQ:YOUL) ("YOUL"). The initiative represents a significant step in VCI Global's expansion into robotics-as-infrastructure. The platform is intended to deliver guaranteed productivity through a hybrid human-robot workforce model, offered on a recurring, service-based subscription, rather than through traditional capital equipment sales. Massive Market Opportunity Across ASEAN and

    1/28/26 8:30:00 AM ET
    $VCIG
    $YOUL
    Diversified Commercial Services
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    Youlife Group Inc. Announces Non-Binding Letter of Intent with VCI Global Limited to Unveil a Robotics-Enabled Workforce-as-a-Service ("WaaS") Platform

    KUALA LUMPUR, Malaysia, Jan. 28, 2026 /PRNewswire/ -- Youlife Group Inc. ("Youlife" or the "Company") (NASDAQ:YOUL), a leading blue-collar lifetime service provider in China, today announced that it has entered into a non-binding letter of intent (the "LOI"), expressing the intention to jointly develop, deploy, and commercialize a robotics-enabled workforce-as-a-service ("WaaS") platform in strategic collaboration with VCI Global Limited ("VCIG") (NASDAQ:VCIG). The initiative will position Youlife at the forefront of industrial automation and workforce transformation across ASEAN and emerging markets.  The platform will integrate robotics, artificial intelligence and human workforce managem

    1/28/26 8:00:00 AM ET
    $VCIG
    $YOUL
    Diversified Commercial Services
    Consumer Discretionary
    Other Consumer Services
    Real Estate

    VCI Global Announces Transformation Into AI-Native Operating Platform with Modular, Plug-In Business Model

    KUALA LUMPUR, Malaysia, Jan. 27, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced a strategic transformation into an AI-native platform, repositioning the Company to enhance scalability, capital efficiency, and execution discipline across its portfolio of businesses. Under the new model, VCI Global will operate as a centralized AI-driven platform, with subsidiaries, affiliates, and portfolio companies structured as modular business units that "plug into" shared AI infrastructure, standardized data and KPIs, and centralized capital and governance frameworks. This shift represents a fundamental evolution in how the Company governs, sc

    1/27/26 8:16:00 AM ET
    $VCIG
    Diversified Commercial Services
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    VCI Global Limited Leadership Updates

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    VCI Global Appoints Dr. Chan as Chief AI & Data Officer to Accelerate Enterprise Strategy

    KUALA LUMPUR, Malaysia, Aug. 06, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), today announced the appointment of Dr. Chan Wai Mun as Chief AI & Data Officer. This strategic hire reinforces the Company's commitment to advancing the adoption of artificial intelligence (AI) and data-driven innovation across enterprise and government platforms. Dr. Chan brings to the role a comprehensive background in Big Data Analytics and Artificial Intelligence. Previously, he has held key data science roles at leading global firms, including Intel and GfK (a part of NielsenIQ, one of the world's largest consumer intelligence companies), where he was involved i

    8/6/25 9:00:00 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global Appoints Award-Winning Cybersecurity Leader Jane Teh as Chief AI Security Officer

    KUALA LUMPUR, Malaysia, July 10, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a diversified global holding company focused on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Markets Consultancy, today announced the appointment of Jane Teh, recognized globally as one of the Top 100 Women in Cybersecurity, as its Chief AI Security Officer (CAISO). Bringing more than two decades of cybersecurity leadership, Jane has a proven track record of safeguarding multinational corporations, financial institutions, and government agencies against complex and evolving cyber threats. Her expertise in offensive security, AI-powered threat

    7/10/25 8:33:00 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCIG Appoints Alex Chua as Executive Director and CEO of Singapore Office, Following Redesignation from Independent Director

    KUALA LUMPUR, Malaysia, July 07, 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 pleased to announce the appointment of Mr. Alex S K Chua as Executive Director of VCIG and Chief Executive Officer of VCIG Singapore Office, effective July 7, 2025. Mr. Chua has resigned from his role as Independent Director and has been redesignated as Executive Director of VCIG and CEO of VCIG's Singapore office. This appointment represents a key step in strengthening VCIG's leadership team and accelerating the c

    7/7/25 8:33:00 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global Completes Founder Group Limited's IPO on Nasdaq, Records US$5.2 Million in Revenue

    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

    10/24/24 7:33:00 AM ET
    $FGL
    $VCIG
    Engineering & Construction
    Consumer Discretionary
    Diversified Commercial Services

    VCI Global Appoints Victor Lee as Executive Director

    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

    10/21/24 8:31:00 AM ET
    $VCIG
    Diversified Commercial Services
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    Treasure Global Inc Announces New Chief Executive Officer

    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

    6/14/24 7:50:00 AM ET
    $TGL
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    VCI Global Limited Large Ownership Changes

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    SEC Form SC 13G filed by VCI Global Limited

    SC 13G - VCI Global Ltd (0001930510) (Subject)

    12/6/24 6:01:22 AM ET
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    Amendment: SEC Form SC 13G/A filed by VCI Global Limited

    SC 13G/A - VCI Global Ltd (0001930510) (Subject)

    9/17/24 6:46:46 PM ET
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    VCI Global Limited Financials

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    VCI Global Announces Strategic Transformation to Become Regional Leader in AI Infrastructure, Stablecoin Payments, and Digital Asset Advisory

    KUALA LUMPUR, Malaysia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced a comprehensive strategic transformation to reposition the Company as a leading provider of AI infrastructure, stablecoin payment solutions, and digital asset advisory services across the high-growth ASEAN and MENA regions. This transformation marks a decisive shift toward sectors with substantial long-term demand, global scalability, and strong institutional adoption. Focused Strategy Around Three High-Growth Pillars VCI Global is streamlining its operations around three high-growth pillars, leveraging the unique expertise of its subsidiaries to driv

    12/1/25 5:00:00 PM ET
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    Diversified Commercial Services
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    VCI Global Acquires Approximately 4 Million Additional OOB Tokens as Tether's USDT Payment Ecosystem Surpasses US$12 Trillion in Annual Volume

    KUALA LUMPUR, Malaysia, Nov. 26, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced the acquisition of approximately 4 million additional OOB tokens from the open market under its US$50 million secondary-market purchase program, part of the Company's broader US$100 million Digital Asset Treasury (DaT) Strategy. The latest tranche comprised 4,174,603 OOB tokens, acquired at an average price of approximately US$0.24 per token, representing a total investment of US$1 million. This brings VCI Global's total OOB holdings to approximately 254.2 million tokens, further strengthening its position as the largest single token holder and exclusi

    11/26/25 7:58:00 AM ET
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    VCI Global Declares Special Dividend of V Gallant Shares as Cybersecurity & AI Subsidiary Prepares for Nine-Figure Nasdaq IPO

    KUALA LUMPUR, Malaysia, Nov. 17, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced that its Board of Directors has approved a special dividend in the form of 10% of the share capital of its cybersecurity and AI subsidiary, V Gallant Limited ("V Gallant"), to be distributed on a pro rata basis to all VCIG shareholders. The distribution is expected to broaden shareholder participation in V Gallant while reducing corporate concentration, thereby strengthening trading liquidity and enhancing long-term alignment across both entities. It marks the first step in VCI Global's value-unlocking strategy as V Gallant progresses toward its planne

    11/17/25 8:08:00 AM ET
    $VCIG
    Diversified Commercial Services
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    VCI Global Acquires US$100 Million in OOB Tokens and Is Appointed as Treasury Manager of OOB Foundation, in Partnership with OOBIT, Where Tether (USDT Issuer with US$183 Billion in Circulation) Is the Largest Shareholder

    KUALA LUMPUR, Malaysia, Nov. 11, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") today announced the acquisition of approximately US$100 million (book value) in OOB tokens and its appointment as Treasury Manager for the OOB digital-asset ecosystem, in which Tether Investment Limited ("Tether") holds the largest ownership stake. Following the transaction, Tether, through its holdings in OOBIT, is expected to become the largest shareholder of VCI Global, alongside industry leaders including Solana co-founder Anatoly Yakovenko, CMCC Global, and 468 Capital. This strategic alignment positions VCIG at the center of a rapidly evolving digital-asset ecos

    11/11/25 7:59:00 AM ET
    $VCIG
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    VCI Global Enters Encryption Infrastructure Sector via QuantGold's Acquisition of Secure Encryption Storage Limited, Advancing Sovereign-Grade Cybersecurity for the AI Economy

    KUALA LUMPUR, Malaysia, July 08, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), today announced that its portfolio company, QuantGold Data Group Limited ("QuantGold"), acquires Secure Encryption Storage Limited ("SES") — a leading encryption hardware company with 129 patents and institutional deployments across over 100 organizations in Asia. With this acquisition, VCIG is positioned to enter the encryption infrastructure sector, anchoring both commercial expansion and sovereign technology development. SES brings a track record of deployment across sensitive environments in Asia, including government agencies, telecom operators, leading financia

    7/8/25 8:09:00 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global to Announce Fiscal Year 2024 Financial Results on May 13, 2025

    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

    4/29/25 8:30:00 AM ET
    $VCIG
    Diversified Commercial Services
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    VCI Global Expands AI Footprint with US$33 Million in AI Infrastructure Contracts Across Three Enterprises

    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

    3/24/25 8:33:00 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global Acquires Cutting-Edge NVIDIA H200 AI Chips Via Supermicro to Supercharge AI Cloud Business

    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

    1/27/25 8:33:00 AM ET
    $SMCI
    $VCIG
    Computer Manufacturing
    Technology
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global to Announce First Half 2024 Financial Results on August 19th, 2024

    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

    8/15/24 10:28:53 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary

    VCI Global Acquires Large Stake in a US$1.1 Billion Valuation AI Technology Company

    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

    6/24/24 8:29:00 AM ET
    $VCIG
    Diversified Commercial Services
    Consumer Discretionary