Welcome to our dedicated page for VCI Global news (Ticker: VCIG), a resource for investors and traders seeking the latest updates and insights on VCI Global stock.
VCI Global Ltd (VCIG) provides strategic consultancy and technology solutions for businesses navigating complex market challenges. This page serves as the definitive source for all official company announcements and news developments.
Access timely updates including earnings reports, partnership agreements, and technology initiatives. Investors and analysts will find essential information on corporate strategies, regulatory developments, and operational milestones that shape VCIG's market presence.
Key updates cover three core areas: business strategy shifts affecting client listings, technology consultancy advancements, and cross-border market expansions. All content is sourced directly from the company to ensure reliability.
Bookmark this page for streamlined tracking of VCIG's progress in advisory services and global market engagements. Verify time-sensitive decisions using our maintained archive of authenticated disclosures.
VCI Global's fintech subsidiary Credilab has secured a US$1 million strategic investment from Dubai-based Triple Helix Capital. Credilab, a digital lending platform operating in Malaysia, focuses on providing same-day loans to underserved microfinance and SME segments.
The company's performance has been impressive, with:
- Revenue of US$0.7 million in H1 2024 (116% YoY growth)
- Near-zero Non-Performing Loan rate
- Loan book value of US$13.3 million (67% growth) as of June 2024
Credilab's platform streamlines the entire lending process, from applications and credit scoring to disbursements, while maintaining regulatory compliance. The investment will accelerate platform expansion, broaden financial products, and support market entry strategies. The company aims to become a category-defining leader in the global fintech landscape.
VCI Global (NASDAQ: VCIG) has scheduled its fiscal year 2024 financial results announcement for May 13, 2025, before markets open. The company will host an earnings call at 8:00 a.m. Eastern Time on the same day.
Led by Group Executive Chairman and CEO Dato' Victor Hoo, VCI Global operates as a diversified global holding company focusing on:
- AI & Robotics
- Fintech
- Cybersecurity
- Renewable Energy
- Capital Market Consultancy
The company maintains a strong presence across Asia, Europe, and the United States. Investors can access the conference call by registering through the provided link to receive dial-in details. A replay of the call will be available from 12:00 p.m. ET on May 13, 2025, through the company's media server.
VCI Global (NASDAQ: VCIG) has announced it faces no material exposure to newly imposed U.S. tariffs while maintaining a stable outlook. The company, specializing in AI, cybersecurity, and capital markets, is leveraging its strategic position in Malaysia and Nasdaq presence to serve as a bridge for Southeast Asian businesses accessing U.S. capital markets.
The company operates on a dual-track strategy: facilitating Southeast Asian companies' access to U.S. capital markets and expanding enterprise-focused technology solutions. VCI Global provides comprehensive services including IPO execution, market entry planning, corporate structuring, and post-listing advisory.
The company is also accelerating growth in its fintech, AI-as-a-service, and cybersecurity platforms for enterprise clients across the region, responding to strong demand from organizations seeking to modernize their operations in the digital economy.
VCI Global (NASDAQ: VCIG) has announced a 1-for-20 reverse stock split effective April 3, 2025, at 12:01 a.m. Eastern Time. The company's common stock will continue trading on the Nasdaq Capital Market under the symbol 'VCIG' with a new CUSIP number G98218301.
The reverse split will reduce outstanding shares from approximately 54.5 million to 2.8 million. The primary goal is to increase the market price per share to maintain Nasdaq Capital Market listing compliance. No fractional shares will be issued, with amounts rounded up to the nearest whole number.
Vstock Transfer, will serve as the exchange agent, managing the conversion process for stockholders with physical certificates to split-adjusted book-entry shares. Shares held through brokers will be automatically adjusted in customer accounts.
VCI Global (NASDAQ: VCIG) has launched DeepAI through its subsidiary V Gallant, introducing a plug-and-play AI infrastructure platform for enterprise-level AI adoption. The platform offers GPU-optimized services with pre-installed capabilities for AI model deployment, eliminating the need for capital expenditure and internal AI teams.
DeepAI comes in three tiers: DeepAI SME for small enterprises, DeepAI Enterprise for mid-to-large corporations, and DeepAI Institution for high-security deployments. The platform enables on-premises processing, ensuring faster performance and enhanced data security.
According to Precedence Research, the global AI infrastructure market is projected to reach $60.23 billion by 2025, with a 26.60% CAGR from 2025 to 2034. DeepAI targets various sectors including finance, healthcare, marketing, and logistics, offering tailored AI capabilities while maintaining data sovereignty and security.
VCI Global (NASDAQ: VCIG) has secured three major AI infrastructure contracts worth US$33 million, featuring a combined 6-trillion-parameter processing capacity to be deployed within 12 months. The contracts span across three enterprises:
1. Hexatoff Group: A Malaysian infrastructure provider developing a data center in Enstek City
2. Quantum Universe Capital: A marketing technology company focused on gaming platforms
3. An unnamed Nasdaq-listed AI cloud services provider
The deployment includes AI-optimized servers with Intel processors and NVIDIA GPUs, complemented by proprietary software, AI model tuning, security enhancements, and 24/7 support. The infrastructure solution aims to optimize computing efficiency and enhance AI workload performance while maintaining robust cybersecurity measures and data protection protocols.
VCI Global (NASDAQ: VCIG) has launched V Gallant CyberSecure, an AI-powered cybersecurity solution featuring military-grade encryption chips. The system combines AI-driven threat detection with automated, encrypted backup capabilities through 'The Vault,' offering protection against ransomware, malware, and cyber threats.
The solution's key features include real-time threat monitoring, zero-visibility encryption, and instant rollback capabilities. The AI-accelerated encryption chips, developed with technology partners, enhance cybersecurity by improving encryption speeds, threat detection, and system performance.
Operating on a recurring revenue model through annual subscriptions, V Gallant CyberSecure aims to capitalize on the growing cybersecurity market, which according to Grand View Research, is projected to grow at a 12.9% CAGR from 2025 to 2030.
VCI Global (NASDAQ: VCIG) has signed a definitive agreement to acquire Lux-Motion (Datanex Asia) for US$1.8 million. This strategic acquisition positions VCI Global in the automotive e-commerce market, projected to reach US$343.13 billion by 2032 with a CAGR of 16.6%.
Lux-Motion is a Malaysian luxury supercar e-commerce platform that leverages AI technology through its LuxScore system. The platform offers:
- AI-Powered Instant Financing with automated loan approvals
- Lease-to-Own & Flexible Payment Options
- Blockchain-Based Digital Ownership for secure asset tracking
- AI-Powered Vehicle Matching using proprietary LuxScore algorithm
The acquisition strengthens VCI Global's presence in digital automotive marketplace and expands its AI-driven digital lending capabilities, positioning it to compete with major digital automotive platforms.
VCI Global (NASDAQ: VCIG) has announced its strategic expansion plans across Asia and the Middle East, focusing on three key business segments. The company will expand its IPO advisory business beyond Malaysia by establishing offices in Hong Kong, Singapore, and Indonesia in April 2025.
In the cybersecurity sector, VCIG will launch CyberSecure, a military-grade AI-powered security solution, on March 19, 2025. The company will also introduce its AI Integrated Server on March 27 and AI Cloud Platform on April 18, 2025.
Additionally, VCIG is diversifying through a partnership with Kinesis Manufacturing to build India's first semiconductor wire manufacturing plant, expected to generate up to $50 million in revenue from a single production line. The company is also conducting due diligence to acquire a 1.14MW solar farm in North Macedonia with an estimated 9-year payback period.