VCI Global Provides Updates on Its AI Business, Capital Raising, and Share Repurchase Program
VCI Global Limited - Ordinary Share (VCIG)
Company Research
Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Sept. 10, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global,” “VCIG,” or the “Company”) is pleased to announce its planning related to the reorganization of its AI business, capital raising, and the forthcoming share repurchase program. AI Business VCIG has initiated a strategic reorganization of its AI operations under the newly formed subsidiary, VC AI Limited. The AI business has been restructured into four pivotal business segments: GPU servers – VCIG will launch its proprietary brand of GPU servers for the AI industry and commence operation in October 2024.GPU cloud computing – The Company will debut its AI data center business by launching AI Computing Center in Malaysia (“AICC Malaysia”), with GPU cloud computing services scheduled to commence in the second quarter of 2025, as previously announced.AI and large language model (LLM) solutions – VCIG has also made notable advancements in its AI and LLM solutions c
Show less
Read more
Impact Snapshot
Event Time:
VCIG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VCIG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VCIG alerts
High impacting VCI Global Limited - Ordinary Share news events
Weekly update
A roundup of the hottest topics
VCIG
News
- VCI Global Announces 1-for-49 Reverse Stock SplitGlobeNewswire
- VCI Global Wins Its First AI Contract Worth US$16 MillionGlobeNewswire
- VCI Global Completes Founder Group Limited’s IPO on Nasdaq, Records US$5.2 Million in RevenueGlobeNewswire
- VCI Global Appoints Victor Lee as Executive DirectorGlobeNewswire
- VCI Global Unleashes Enterprise AI Solutions with V-Gallant, Leveraging NVIDIA’s Computing InfrastructureGlobeNewswire
VCIG
Sec Filings
- 10/21/24 - Form 6-K
- 10/15/24 - Form EFFECT
- 10/15/24 - Form 424B3
- VCIG's page on the SEC website