VCI Global Announces 1-for-49 Reverse Stock Split
VCI Global Limited - Ordinary Share (VCIG)
Company Research
Source: GlobeNewswire
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 primarily intended to increase the market price per share of the Company’s common stock to regain compliance with the minimum bid price required for continued listing on the Nasdaq Capital Market. The Reverse Stock Split will reduce the number of shares of common stock issued and outstanding from approxi
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VCIG
News
- VCI Global Embarks on a Strategic Series of Renewable Energy Asset Acquisitions, Starting with a North Macedonia Solar Farm [Yahoo! Finance]Yahoo! Finance
- VCI Global Embarks on a Strategic Series of Renewable Energy Asset Acquisitions, Starting with a North Macedonia Solar FarmGlobeNewswire
- VCI Global Targets US$200 Million Revenue with 100 MW of Solar Photovoltaic Projects in Southeast Asia and EuropeGlobeNewswire
- VCI Global Receives Conditional Letter of Award for US$24 Million AI ContractGlobeNewswire
- VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule [Yahoo! Finance]Yahoo! Finance
VCIG
Sec Filings
- 12/18/24 - Form SCHEDULE
- 12/17/24 - Form 6-K
- 12/17/24 - Form 424B5
- VCIG's page on the SEC website