VCIG’s Consulting Arm, V Capital Consulting Group, Secures Nasdaq IPO Advisory Mandate with AgriTech Innovator, Saturn Agtech
- VCCG secured a new Nasdaq IPO advisory mandate, expanding its client portfolio
- Saturn Agtech's Model 3 system demonstrates superior efficiency (20-30x) compared to traditional farming
- VCCG is planning its own carve-out IPO, indicating business model strength
- Growing market opportunity in Southeast Asian companies seeking U.S. listings
- Saturn's Nasdaq IPO completion not expected until 2026, indicating a lengthy process
- Success of the IPO advisory mandate depends on market conditions and regulatory approvals
Insights
VCIG's consulting arm secures new Nasdaq IPO advisory mandate, boosting its capital markets advisory portfolio while planning its own IPO.
VCIG's subsidiary V Capital Consulting Group (VCCG) has secured a new IPO advisory mandate from Malaysian agtech firm Saturn Agtech for a Nasdaq listing targeted for 2026. While the financial terms remain undisclosed, this represents continued business development for VCIG's consulting arm.
This latest mandate adds to VCCG's portfolio of Nasdaq IPO clients, which includes Founder Group Limited and YY Group Holding Limited. The press release indicates VCCG offers comprehensive services including equity structuring, capital market strategy, regulatory compliance, and stakeholder coordination throughout the listing process.
The announcement contains two particularly noteworthy elements:
- VCCG's own planned carve-out IPO (mentioned but without specific timing details), suggesting a potential corporate restructuring that could affect VCIG's organizational structure
- The relatively extended timeline for Saturn's listing (2026), indicating a longer revenue recognition period for this particular mandate
VCCG appears to be capitalizing on increasing Southeast Asian corporate interest in accessing U.S. capital markets, which companies pursue for improved valuations, greater liquidity, and global investor exposure. The release positions VCCG as an established player in facilitating these cross-border listings, though specific market share data isn't provided.
This mandate demonstrates continued business momentum in VCIG's consulting segment, though without financial details, its material impact on VCIG's overall performance remains difficult to quantify.
Saturn Agtech seeks Nasdaq listing for its vertical farming tech claiming 20-30x conventional farming efficiency without pesticides.
Saturn Agtech represents an interesting addition to VCCG's client roster as a controlled environment agriculture (CEA) company specializing in advanced vertical farming systems. Operating in Malaysia and Singapore since 2018, Saturn has developed proprietary technology through three generations of R&D.
According to the company's claims, their "Model 3 system" delivers over 2,300 tons per hectare annually, which they report is 20-30 times more efficient than conventional farming methods. The company states this is achieved without pesticides or herbicides, positioning their solution at the intersection of productivity enhancement and environmental sustainability.
The controlled environment agriculture sector has gained significant traction globally, with investors particularly interested in technologies promising resource efficiency and sustainability benefits. Vertical farming addresses several critical challenges:
- Reduced land usage through vertical growing systems
- Controlled environments mitigating weather and climate risks
- Elimination of agricultural runoff and chemical usage
- Potential for localized urban food production reducing transportation impacts
Saturn's founder characterizes their Nasdaq pursuit as a "defining milestone" that will enable international market expansion. This follows an established pattern of agricultural technology companies seeking U.S. public markets for growth capital to scale proprietary systems.
As vertical farming continues to evolve from niche technology to industrial-scale application, Saturn's public market ambitions reflect the increasing globalization of agricultural innovation financing.
V Capital Consulting Group to Lead Saturn’s Nasdaq Listing, Highlighting Strong Demand for U.S. Market Access Among Southeast Asian Tech Companies
KUALA LUMPUR, Malaysia, May 02, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”) is pleased to announce that it has secured a new Nasdaq initial public offering (IPO) advisory mandate through its consultancy arm, V Capital Consulting Group Limited (“VCCG” or the “Company”), with Malaysian-based agricultural technology firm Saturn Agtech Berhad (“Saturn”). VCCG will serve as the lead advisor for Saturn’s planned Nasdaq listing, which is targeted for completion in 2026.
Saturn is a leading controlled environment agriculture (CEA) company in Southeast Asia, operating state-of-the-art indoor vertical farms in Malaysia. Since 2018, Saturn has continuously advanced its proprietary CEA systems through three generations of research and development. Its latest innovation, the Model 3 system, is engineered to transform sustainable food production, delivering over 2,300 tons per hectare per year – 20 to 30 times more efficient than conventional farming methods – achieved without the use of pesticides or herbicides.
This mandate reinforces VCCG’s leadership in Nasdaq IPO advisory in Malaysia, as the Company continues to empower Southeast Asian innovators with seamless access to U.S. capital markets. Leveraging a strong track record, VCCG offers end-to-end advisory services covering equity structuring, capital market strategy, regulatory compliance, and coordination with key stakeholders, including underwriters, auditors, and legal counsel.
VCCG’s momentum is further evidenced by its own planned carve-out IPO, which reflects both the strength of its business model and growing market confidence in its capabilities. As demand for U.S. capital market listing continues to rise across Southeast Asia, driven by the pursuit of global investor access, higher valuations, and deeper liquidity, VCCG is uniquely positioned to serve as the advisor of choice for ambitious, innovation-led companies.
“As we advance toward VCCG’s carve-out IPO, mandates like Saturn affirm our market leadership and strategic focus on cross-border capital market solutions. Our team’s deep expertise enables us to guide clients through complex listing journeys and position them for long-term success,” said Vivian Yong, Chief Executive Director of VCCG.
“Engaging with VCCG for our Nasdaq listing marks Saturn’s first step into the international capital markets, a defining milestone in our journey as an innovation-driven agricultural firm. We look forward to achieving Nasdaq listing status and expanding into new international markets,” said Tan Kee Hong, founder of Saturn.
“At VCI Global, we are focused on fostering the sustained growth of Southeast Asia, a region filled with immense potential. Supporting forward-thinking companies like Saturn in accessing international capital markets aligns with our mission to accelerate innovation and contribute meaningfully to the region’s economic progress,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
About Saturn Agtech Berhad
Saturn Agtech is a leading Controlled Environment Agriculture (CEA) company in Southeast Asia, specializing in advanced indoor vertical farming systems. With operations in Malaysia and Singapore, Saturn’s proprietary Model 3 farming technology delivers unparalleled yield density at an industrial scale, without the use of pesticides or herbicides. The company is committed to enhancing food security, reducing the environmental impact of farming, and advancing agricultural innovation to meet global food production challenges. Saturn’s vision extends from urban farming to future space farming, leveraging cutting-edge technology for a sustainable tomorrow.
For more information, please visit https://saturnagtech.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
What is the significance of VCIG's new IPO advisory mandate with Saturn Agtech?
How efficient is Saturn Agtech's Model 3 farming system compared to conventional methods?
What services will VCCG provide for Saturn Agtech's Nasdaq IPO?
When is Saturn Agtech's Nasdaq IPO expected to complete?
What are VCIG's future plans for its consulting arm VCCG?
