VCI Global Announces IPO for Wholly Owned Consulting Arm, Unlocking New Growth Opportunities
VCI Global Limited - Ordinary Share (VCIG)
Company Research
Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Jan. 07, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), today announced the carve-out of its wholly owned subsidiary, V Capital Consulting Group Limited (“VCCG”), for listing on the Nasdaq Capital Market. VCIG will retain majority control of VCCG. This strategic initiative aims to enable both companies to focus on their core competencies, better serve their respective markets, and enhance growth potential and value creation for shareholders. The carve-out has been executed pursuant to the Stock Sale and Business Separation Agreement entered into on December 30, 2024, through the sale of VCI Global’s subsidiaries V Capital Consulting Limited and V Capital A
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VCIG
News
- VCI Global Provides Business Update and Outlines Market Dominance Strategy for 2025 ExpansionGlobeNewswire
- VCI Global Launches Enterprise AI Solutions Built on DeepSeek’s Open-Source LLMSGlobeNewswire
- VCI Global Completes Sagtec Global Limited’s Nasdaq IPO, Earning US$5.7 Million in Advisory RevenueGlobeNewswire
- VCI Global and Kinesis Manufacturing Solutions Announce India’s First Semiconductor Wire Plant to Supply Industry Giants in a Rapidly Expanding US$105 Billion MarketGlobeNewswire
- VCI Global CEO Announces US$13.3 Million Share Purchase Plan at a Premium, Reinforcing Confidence in Future Growth of the CompanyGlobeNewswire
VCIG
Sec Filings
- 2/20/25 - Form 6-K
- 2/18/25 - Form 6-K
- 2/18/25 - Form 424B5
- VCIG's page on the SEC website