KUALA LUMPUR, Malaysia, June 03, 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, today announced its financial guidance for the fiscal year ending December 31, 2025. For 2025, the Company projects approximately 41% year-over-year revenue growth and 30% year-over-year growth in net profit, fueled by continued expansion across its technology and consulting verticals, alongside the execution of key strategic milestones. As part of its long-term value creation strategy, VCI Global confirmed plans to

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

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