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 Advisory Sdn. Bhd. to VCCG. This strategic move is designed to unlock value for shareholders by allowing both businesses to fully realize their potential. By operating as two listed entities, VCI Global and VCCG will gain greater flexibility to pursue tailored gr
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VCIG
News
- VCI Global Expands AI Portfolio with Strategic Investment in Innovative AI Agents Startup - Marvis [Yahoo! Finance]Yahoo! Finance
- VCI Global Expands AI Portfolio with Strategic Investment in Innovative AI Agents Startup - MarvisGlobeNewswire
- 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
VCIG
Sec Filings
- 1/8/25 - Form 424B5
- 1/7/25 - Form 6-K
- 12/18/24 - Form SCHEDULE
- VCIG's page on the SEC website