VCI Global Announces Spin-Off of VCCG at US$168 Million Valuation as Part of Dual-Track IPO Strategy

Rhea-AI Summary

VCI Global (NASDAQ: VCIG) announced the approved spin-off of its capital markets advisory unit V Capital Consulting Group (VCCG) at a valuation of US$168 million on Dec 4, 2025.

VCI Global will retain a 30% equity interest in VCCG while VCCG moves toward an independent listing under a newly introduced dual-track IPO strategy that separates 100% pre‑money carve‑outs for core technology divisions from 30% retained spin‑offs for mature portfolio companies. The company said the move aims to unlock subsidiary value, sharpen focus on AI and digital infrastructure verticals, and provide greater balance sheet flexibility without shareholder dilution.

Positive

• VCCG spin-off valued at US$168 million
• VCIG will retain 30% equity in VCCG
• Introduces a dual-track IPO strategy to unlock subsidiary value
• Focus shift to AI, GPU, cybersecurity, digital asset infrastructure
• Spin-off intended to enhance balance sheet flexibility without dilution

Negative

• None.

Key Figures

VCCG spin-off valuation US$168 million Valuation for V Capital Consulting Group spin-off

VCIG retained stake 30% equity interest Ownership VCIG will retain in VCCG post-listing

Pre-money carve-out IPOs 100% pre-money Structure for core technology division IPOs

Spin-off model 30% retained spin-offs Structure for mature portfolio division IPOs

Market Reality Check

$0.9500 Last Close

Volume Volume 1,766,059 vs 20-day avg 6,638,729 (relative 0.27) ahead of the spin-off news. low

Technical Shares at $0.95, trading below the 200-day MA of $103.89 and near the 52-week low of $0.9079.

Peers on Argus 1 Up

VCIG fell 10.38% while only one tracked peer (AERT) appeared in momentum scanners, moving up, suggesting today’s move was company-specific rather than sector-driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 02	RWA mandate win	Positive	+0.9%	Smart Bridge secured US$200M Bridge Gold stablecoin consultancy mandate.
Dec 01	Strategy shift	Positive	-6.3%	Announced AI, stablecoin, and digital asset-focused transformation with multi-IPO plan.
Nov 26	Token accumulation	Positive	-5.4%	Acquired ~4.17M additional OOB tokens under US$50M purchase program.
Nov 25	Payments partnership	Positive	-3.5%	Partnered with Oobit to build Voobit crypto-to-fiat settlement rail in ASEAN.
Nov 21	Insider buying	Positive	+0.0%	CEO Victor Hoo increased ownership via open-market purchases and repurchase focus.

Pattern Detected

Recent news, often positive on strategy and partnerships, has frequently been met with flat to negative next-day price moves.

Recent Company History

Over the last few weeks, VCIG announced multiple strategic initiatives, including a US$200 million RWA consultancy mandate, a transformation toward AI and digital asset infrastructure, and further OOB token accumulation under a US$100 million digital asset treasury strategy. It also disclosed a crypto-to-fiat payments partnership and CEO open-market share purchases. Despite these developments, subsequent 24-hour price reactions were mostly modest or negative, providing important context for today’s IPO spin-off announcement.

Historical Comparison

IPO

+9.0 %

Average Historical Move

Historical Analysis

VCIG has issued 5 IPO-related updates in 2025 with an average 8.97% 24h move. Today’s -10.38% reaction to the VCCG spin-off valuation stands out versus prior IPO news behavior.

Typical Pattern

Earlier IPO updates highlighted VCCG’s advisory mandates and planned carve-out; today’s spin-off moves that plan toward an independent, valued listing.

Regulatory & Risk Context

Short Interest

6.54%

0% 15% 30%+

moderate

Short interest at 6.54% of float with 1 day to cover indicates a moderate level of directional positioning that could amplify reactions to significant company-specific developments.

Market Pulse Summary

The stock is surging +16.8% following this news. A strong positive reaction aligns with the strategic importance of assigning VCCG a US$168 million valuation and retaining a 30% stake while sharpening VCIG’s technology focus. Historically, IPO-related news produced an average move of 8.97%, with both positive and negative single-day outcomes. Moderate short interest of 6.54% suggests positioning could have influenced magnitude, while recent financing activity and prior volatility remain key risk considerations for sustainability.

Key Terms

dual-track IPO strategy financial

"The transaction marks the first execution of VCI Global’s newly introduced dual-track IPO strategy"

A dual-track IPO strategy involves a company exploring two options at the same time: selling shares to the public through an initial public offering (IPO) or selling part or all of the company privately to a smaller group of investors. This approach gives the company flexibility to choose the best opportunity, which can lead to better terms for shareholders and reduce uncertainty for investors.

pre-money financial

"Track 1: 100% Pre-Money Carve-Out IPOs (Core Technology Divisions)"

Pre-money refers to the value of a company before it receives new investment or funding. It represents what the company is worth on its own, like valuing a house before adding any recent renovations. This figure matters to investors because it helps determine how much ownership they will get in exchange for their investment and the company's overall worth after funding.

real-world asset (RWA) financial

"provides digital asset and real-world asset (RWA) advisory solutions"

A real-world asset (RWA) is a tangible item or property with physical presence, such as real estate, equipment, or commodities, that has value and can be used, sold, or leased. For investors, RWAs provide diversification beyond digital assets, offering a way to hold investments backed by physical resources that can generate income or appreciate over time. This makes them an important option for balancing risk and securing long-term wealth.

AI-generated analysis. Not financial advice.

Company to Retain 30% Ownership as VCCG Moves Toward Independent Listing, Unlocking Subsidiary Value and Sharpening VCIG’s Technology-Focused Growth Model

KUALA LUMPUR, Malaysia, Dec. 04, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that it has approved the spin-off of its capital markets advisory subsidiary, V Capital Consulting Group (“VCCG”), at a valuation of US$168 million. Following the listing, VCI Global will retain a 30% equity interest in VCCG, supporting the Company’s transition toward a more focused, technology-driven business model and a strengthened balance sheet.

The transaction marks the first execution of VCI Global’s newly introduced dual-track IPO strategy, an initiative designed to unlock subsidiary value, improve capital efficiency, and create clearer operating verticals aligned with long-term growth priorities.

Dual-Track IPO Strategy: Building Distinct Pathways for Scalable Growth

Track 1: 100% Pre-Money Carve-Out IPOs (Core Technology Divisions)

• V Gallant Limited (“V Gallant”): provides Enterprise Data and AI solutions, including AI Infrastructure, AI Analytics Platform, AI Security & Consulting Services, Cybersecurity & ISO Certification Consulting to support digital transformation in emerging markets
• Smart Bridge Technologies Limited (“Smart Bridge”): develops stablecoin infrastructure and provides digital asset and real-world asset (RWA) advisory solutions for institutional and enterprise adoption

Track 2: 30% Retained Spin-Off IPOs (Mature Portfolio Division)

• V Capital Consulting Group Limited (“VCCG”): provides listing (IPO) consultancy and business strategy advisory, leveraging regional expertise to guide high-growth companies and optimize capital structures
• VC Real Estate Limited (“VCRE”): property investment and development, focusing on commercial and residential assets across Southeast Asia
• VCI Energy Limited (“VCI Energy”): develops renewable energy and infrastructure projects, with a focus on clean energy generation and storage, sovereign energy frameworks, and strategic partnerships across Asia
  

This dual-track structure enables VCI Global to progressively surface the intrinsic value of its subsidiaries while preserving long-term strategic upside across key portfolio companies.

The spin-off of VCCG converts internal business value into market-recognized equity assets, enhancing balance sheet flexibility without shareholder dilution. It also enables VCCG to pursue its own capital-raising initiatives and listing objectives independently, providing greater operational autonomy. At the Group level, the spin-off reinforces VCI Global’s strategy to allocate resources toward its highest-growth technology verticals, including AI, GPU infrastructure, cybersecurity, and digital asset infrastructure.

“The spin-off of VCCG at US$168 million valuation represents an important milestone as we align our structure with the Group’s long-term strategic direction. Our dual-track IPO strategy is designed to unlock value systematically while ensuring that VCI Global focuses on our highest-growth technology verticals. VCCG’s transition onto an independent listing pathway underscores our commitment to capital discipline, stronger governance, and long-term shareholder value creation,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

About V Capital Consulting Group Limited

V Capital Consulting Group, a spin-off and subsidiary of VCI Global (NASDAQ:VCIG), is a consulting firm specializing in capital markets advisory services across pre-IPO, IPO, and post-IPO phases, as well as merger and acquisition advisory services. Our team of experienced consultants is recognized for its in-depth knowledge and proven track record of delivering impactful results.

With a core team of experts in corporate finance, capital markets, and legal advisory, we empower clients to navigate complex market landscapes, anticipate challenges, and seize business opportunities.

To date, VCCG has successfully assisted notable companies in securing Nasdaq listings, including Founder Group Limited, YY Group Holding Limited, and others.

About VCI Global Limited

VCI Global Limited is a cross-sector platform builder at the forefront of technology and financial architecture. The Company focuses on developing and scaling platforms across artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital markets solutions.

By integrating technology innovation with financial ecosystems, VCI Global enables enterprises, governments, and institutions to capture opportunities in the evolving digital economy. The Company’s strategy is centered on building scalable platforms that deliver resilience, efficiency, and long-term value across multiple high-growth sectors.

For more information on the Company, please log on to https://v-capital.co/.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

CONTACT INFORMATION:

For media queries, please contact:

VCI GLOBAL LIMITED
enquiries@v-capital.co

FAQ

What valuation did VCI Global assign to VCCG in the Dec 4, 2025 announcement?

VCI Global announced a US$168 million valuation for VCCG.

How much ownership will VCIG retain in V Capital Consulting Group after the spin-off?

VCI Global will retain a 30% equity interest in VCCG.

What is VCIG’s dual-track IPO strategy and which subsidiaries are affected?

The dual-track strategy separates 100% pre‑money carve-outs for core tech units (V Gallant, Smart Bridge) and 30% retained spin-offs for mature units (VCCG, VCRE, VCI Energy).

Will the VCCG spin-off cause shareholder dilution for VCIG stockholders?

The company stated the spin-off enhances balance sheet flexibility without shareholder dilution.

Does VCIG provide a date for VCCG’s independent listing?

VCI Global said VCCG will move toward an independent listing but no listing date was provided.

How does the spin-off affect VCIG’s strategic focus?

The spin-off is intended to let VCIG concentrate resources on high‑growth technology verticals such as AI and digital infrastructure.