VCIG’s Consulting Arm, V Capital Consulting Group, Secures IPO Advisory Mandate with Malaysia’s Leading Cloud Tax Platform
VCI Global's (NASDAQ:VCIG) consulting subsidiary, V Capital Consulting Group (VCCG), has secured an IPO advisory mandate with ALgoBiZZ Berhad, Malaysia's leading cloud tax platform. ALgoBiZZ, officially endorsed by Malaysia's Inland Revenue Board, plans to list on Nasdaq by 2026.
ALgoBiZZ has transformed tax services by enabling over 1,000 tax professionals and facilitating 500,000+ e-Filing submissions. The company's Web-API integration reduces filing time to just 3 seconds and is expanding across Southeast Asia into Indonesia, Singapore, Vietnam, and China.
VCCG will provide comprehensive IPO consultancy services, including equity structuring, capital market strategy, and coordination with key professionals.
La controllata di consulenza di VCI Global (NASDAQ:VCIG), V Capital Consulting Group (VCCG), ha ottenuto un mandato di consulenza per l'IPO con ALgoBiZZ Berhad, la principale piattaforma cloud fiscale della Malaysia. ALgoBiZZ, ufficialmente approvata dall'Ufficio delle Entrate malese, prevede di quotarsi al Nasdaq entro il 2026.
ALgoBiZZ ha rivoluzionato i servizi fiscali consentendo a oltre 1.000 professionisti del settore fiscale di operare e facilitando più di 500.000 invii di dichiarazioni elettroniche. L'integrazione Web-API dell'azienda riduce il tempo di invio a soli 3 secondi ed è in espansione nel Sud-est asiatico, includendo Indonesia, Singapore, Vietnam e Cina.
VCCG fornirà servizi completi di consulenza per l'IPO, comprendendo la strutturazione del capitale, la strategia sui mercati finanziari e il coordinamento con i professionisti chiave.
La filial de consultoría de VCI Global (NASDAQ:VCIG), V Capital Consulting Group (VCCG), ha asegurado un mandato de asesoría para la oferta pública inicial (IPO) con ALgoBiZZ Berhad, la principal plataforma fiscal en la nube de Malasia. ALgoBiZZ, respaldada oficialmente por la Junta de Ingresos Internos de Malasia, planea cotizar en Nasdaq para 2026.
ALgoBiZZ ha transformado los servicios fiscales al permitir que más de 1,000 profesionales tributarios operen y facilitar más de 500,000 presentaciones electrónicas. La integración Web-API de la compañía reduce el tiempo de presentación a solo 3 segundos y se está expandiendo en el Sudeste Asiático, incluyendo Indonesia, Singapur, Vietnam y China.
VCCG brindará servicios integrales de consultoría para la IPO, incluyendo estructuración de capital, estrategia en los mercados de capital y coordinación con profesionales clave.
VCI Global(NASDAQ:VCIG)의 자회사인 V Capital Consulting Group(VCCG)은 말레이시아의 선도적인 클라우드 세무 플랫폼인 ALgoBiZZ Berhad와 IPO 자문 계약을 체결했습니다. ALgoBiZZ는 말레이시아 국세청의 공식 승인을 받았으며, 2026년까지 나스닥 상장을 계획하고 있습니다.
ALgoBiZZ는 1,000명 이상의 세무 전문가를 지원하고 50만 건 이상의 전자 신고를 원활하게 처리하는 등 세무 서비스를 혁신했습니다. 회사의 웹-API 통합은 신고 시간을 단 3초로 단축하며, 인도네시아, 싱가포르, 베트남, 중국 등 동남아시아 전역으로 확장 중입니다.
VCCG는 주식 구조화, 자본 시장 전략, 주요 전문가와의 협력 등 포괄적인 IPO 컨설팅 서비스를 제공할 예정입니다.
La filiale de conseil de VCI Global (NASDAQ:VCIG), V Capital Consulting Group (VCCG), a obtenu un mandat de conseil pour l'introduction en bourse (IPO) avec ALgoBiZZ Berhad, la principale plateforme fiscale cloud de Malaisie. ALgoBiZZ, officiellement approuvée par l'Inland Revenue Board de Malaisie, prévoit de s'introduire en bourse sur le Nasdaq d'ici 2026.
ALgoBiZZ a transformé les services fiscaux en permettant à plus de 1 000 professionnels de la fiscalité d'opérer et en facilitant plus de 500 000 déclarations électroniques. L'intégration Web-API de la société réduit le temps de dépôt à seulement 3 secondes et s'étend en Asie du Sud-Est, notamment en Indonésie, Singapour, Vietnam et Chine.
VCCG fournira des services complets de conseil pour l'IPO, incluant la structuration du capital, la stratégie sur les marchés financiers et la coordination avec les professionnels clés.
Die Beratungstochtergesellschaft von VCI Global (NASDAQ:VCIG), V Capital Consulting Group (VCCG), hat einen IPO-Beratungsauftrag mit ALgoBiZZ Berhad, der führenden Cloud-Steuerplattform Malaysias, erhalten. ALgoBiZZ, offiziell von der malaysischen Inland Revenue Board unterstützt, plant eine Notierung an der Nasdaq bis 2026.
ALgoBiZZ hat Steuerdienstleistungen revolutioniert, indem es über 1.000 Steuerfachleute unterstützt und mehr als 500.000 elektronische Einreichungen ermöglicht. Die Web-API-Integration des Unternehmens reduziert die Einreichungszeit auf nur 3 Sekunden und expandiert in Südostasien, darunter Indonesien, Singapur, Vietnam und China.
VCCG wird umfassende IPO-Beratung anbieten, einschließlich Kapitalstrukturierung, Kapitalmarktstrategie und Koordination mit wichtigen Fachleuten.
- Secured significant IPO advisory mandate for ALgoBiZZ's Nasdaq listing
- ALgoBiZZ has strong market position with official endorsement from Malaysia's tax authority
- ALgoBiZZ demonstrates proven traction with 1,000+ tax professionals and 500,000+ e-Filing submissions
- Geographic expansion across multiple Southeast Asian markets indicates growth potential
- IPO completion timeline extends to 2026, indicating a lengthy process
- Potential regulatory challenges across multiple jurisdictions during expansion
- Competitive pressures in different markets may affect growth trajectory
Insights
VCIG secures new IPO advisory mandate with Malaysian tax platform ALgoBiZZ, expanding its consultancy revenue potential through 2026.
This strategic mandate represents a positive business development for VCI Global's consultancy division, adding a promising Southeast Asian tech client to their IPO advisory portfolio. ALgoBiZZ brings compelling credentials as the only cloud tax platform officially endorsed by Malaysia's tax authority, having facilitated over
The agreement strengthens VCCG's position in the IPO advisory space, following previous successful Nasdaq listings they've facilitated for companies like Founder Group Limited and YY Group Holding. For VCIG shareholders, this represents potential recurring revenue through 2026 when ALgoBiZZ targets completion of its listing.
While financial terms weren't disclosed, comprehensive IPO consultancy typically generates significant fees through multiple service components including equity structuring, coordinating with underwriters, regulatory approval support, and compliance framework development. The geographic expansion focus of ALgoBiZZ across Southeast Asia (Indonesia, Singapore, Vietnam) and into China suggests a company with substantial growth ambitions that could make for an attractive Nasdaq listing candidate.
This mandate demonstrates VCIG's ability to win business from government-endorsed technology companies (ALgoBiZZ has Malaysia Digital Status and MDEC backing) and validates their consultancy arm's market position connecting Southeast Asian tech firms to U.S. capital markets.
ALgoBiZZ Berhad Takes Bold Step Towards Nasdaq Public Listing
KUALA LUMPUR, Malaysia, June 25, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”) is honored to announce that its consultancy arm, V Capital Consulting Group Limited (“VCCG” or the “Company”), has secured a Nasdaq initial public offering (IPO) advisory mandate with ALgoBiZZ Berhad (“ALgoBiZZ”), a Malaysia-based cloud tax solution provider. Under this mandate, VCCG will serve as the IPO consultant for ALgoBiZZ’s planned Nasdaq listing, targeted for completion in 2026.
ALgoBiZZ is a Malaysia Digital (MD) Status company and the only cloud tax platform officially endorsed by the Inland Revenue Board of Malaysia. The company has significantly transformed the tax services industry by enabling over 1000 tax professionals to digitize their workflows and facilitating more than 500,000 e-Filing submissions — reducing manual errors, enhancing accuracy, and accelerating compliance. With Web-API integration, tax filings can be completed in as little as 3 seconds, offering a substantial improvement in both efficiency and user experience. Backed by MDEC as a Technology Solution Provider since 2020, ALgoBiZZ is actively expanding across Southeast Asia, with a growing presence in Indonesia, Singapore, Vietnam, and China.
“The decision to pursue a public listing is a significant one, and with VCCG’s proven track record and strategic guidance, we are confident as we embark on this next phase of growth,” said Serene See, Founder and Chief Executive Officer of ALgoBiZZ.
As part of this engagement, VCCG will provide comprehensive IPO consultancy services, including guidance on equity structuring and capital market strategy, coordination with key external professionals such as underwriters, auditors, and legal advisors, support in regulatory approvals, and recommendations on compliance and internal control frameworks.
This mandate underscores VCCG’s position as a leading IPO advisor in the region, helping Southeast Asia’s most promising tech companies access U.S. capital markets and achieve global visibility.
“We are pleased to support ALgoBiZZ in their pursuit of a Nasdaq listing. As a pioneer in Malaysia’s digital tax landscape, backed by government endorsement and strong regional momentum, ALgoBiZZ exemplifies the type of high-impact business we are proud to advise. We will work closely with ALgoBiZZ throughout their IPO journey to ensure a well-structured and strategic pathway to listing,” said Vivian Yong, Chief Executive Officer of VCCG.
“ALgoBiZZ represents the kind of forward-thinking, regulation-aligned technology company that is reshaping Southeast Asia’s digital economy. We are proud to support their next phase of growth and excited to lead them toward a successful Nasdaq listing,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
About ALgoBiZZ Berhad
ALgoBiZZ Berhad is a Malaysian-based software company specializing in cloud-based tax solutions for the accounting and taxation industry. With over 17 years of proven experience, ALgoBiZZ offers a first-in-Southeast Asia integrated platform that connects Tax, Secretarial, Accounting, and Audit functions. Its flagship products help professionals save time and enhance compliance through automation and seamless e-filing. Endorsed by the Inland Revenue Board of Malaysia and recognized as an SME100 Fast Moving Company, ALgoBiZZ is committed to supporting national tax modernization and is actively expanding into Indonesia, Singapore, Vietnam, and China.
For more information, please visit https://www.ALgoBiZZ.com/.
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 market advisory services across pre-IPO, IPO, and post-IPO phases, as well as merger and acquisition advisory. Our team of experienced consultants is recognized for their 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 is a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy. With a strong presence in Asia, Europe, and the United States, VCI Global is committed to driving technological innovation, sustainable growth, and financial excellence across multiple industries.
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.
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FAQ
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