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VCI Global Targets US$200 Million Revenue with 100 MW of Solar Photovoltaic Projects in Southeast Asia and Europe

VCI Global Targets US$200 Million Revenue with 100 MW of Solar Photovoltaic Projects in Southeast Asia and Europe

KUALA LUMPUR, Malaysia, Dec. 13, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), is setting a target to develop and acquire up to 100 megawatts (MW) of solar photovoltaic (PV) projects across Southeast Asia (SEA) and Europe within the next five years. This expansion is expected to generate approximately [...]

VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule

VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule

KUALA LUMPUR, Malaysia, Nov. 26, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, today announced that it has received written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company [...]

VCI Global Wins Its First AI Contract Worth US$16 Million

VCI Global Wins Its First AI Contract Worth US$16 Million

KUALA LUMPUR, Malaysia, Oct. 29, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”) is pleased to announce that its subsidiary, V Gallant Sdn Bhd (“V-Gallant”), has been awarded a groundbreaking US$16 million contract to develop an advanced AI digital human-enabled live streaming platform for a Malaysian e-commerce [...]

VCI Global Completes Founder Group Limited’s IPO on Nasdaq, Records US$5.2 Million in Revenue

VCI Global Completes Founder Group Limited’s IPO on Nasdaq, Records US$5.2 Million in Revenue

KUALA LUMPUR, Malaysia, Oct. 24, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”) is thrilled to announce the successful IPO of its client, Founder Group Limited’s (NASDAQ: FGL) (“FGL”) on Nasdaq on October 23, 2024. FGL is a leading Malaysian solar engineering, procurement, construction and commissioning (EPCC) [...]

VCI Global Appoints Victor Lee as Executive Director

VCI Global Appoints Victor Lee as Executive Director

KUALA LUMPUR, Malaysia, Oct. 21, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, is pleased to announce the appointment of its new executive director, Victor Lee, starting November 1, 2024. This strategic transition is [...]

VCI Global Unleashes Enterprise AI Solutions with V-Gallant, Leveraging NVIDIA’s Computing Infrastructure

VCI Global Unleashes Enterprise AI Solutions with V-Gallant, Leveraging NVIDIA’s Computing Infrastructure

KUALA LUMPUR, Malaysia, Oct. 09, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”), through its subsidiary, V Gallant Sdn Bhd (“V-Gallant”), is offering end-to-end AI computing solutions to enterprises by integrating next-generation AI servers equipped with NVIDIA H200 Tensor Core GPUs and AI software such as Large [...]

VCI Global Secures Additional US$30 Million Investment Commitment from Alumni Capital LP to Propel Its AI Cloud Computing Business Forward in Q2 2025

VCI Global Secures Additional US$30 Million Investment Commitment from Alumni Capital LP to Propel Its AI Cloud Computing Business Forward in Q2 2025

KUALA LUMPUR, Malaysia, Oct. 1, 2024 (Korea Bizwire) — VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”) today announced a new investment commitment of US$30 million from Alumni Capital LP (“Alumni Capital”). Following an earlier investment of US$5 million from Alumni Capital, this additional US$30 million, in exchange for VCI Global [...]

VCI Global Provides Updates on Its AI Business, Capital Raising, and Share Repurchase Program

VCI Global Provides Updates on Its AI Business, Capital Raising, and Share Repurchase Program

KUALA LUMPUR, Malaysia, Sept. 10, 2024 (Korea Bizwire) – 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 [...]

VCI Global Secures Approximately US$18 Million Contract for IPO Deals

VCI Global Secures Approximately US$18 Million Contract for IPO Deals

KUALA LUMPUR, Malaysia, Sept. 03, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global,” “VCIG,” or the “Company”) is pleased to announce that it has secured a major contract with Legacy Corporate Advisory Sdn Bhd (“Legacy”), a premier consulting firm based in Malaysia. Valued at approximately US$18 million, this significant deal [...]

VCI Global CEO Increases Shareholding by 15.27%, Expresses Strong Confidence in Company’s Growth

VCI Global CEO Increases Shareholding by 15.27%, Expresses Strong Confidence in Company’s Growth

KUALA LUMPUR, Malaysia, Aug. 27, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global,” “VCIG,” or the “Company”) is pleased to announce that its Chief Executive Officer, Dato’ Victor Hoo, has significantly increased his shareholding in the Company. This move, along with the recent share buyback program announced on August 19, [...]