VCIG icon

VCI Global

1.83 USD
+0.16
9.58%
Updated Dec 30, 12:44 PM EST
1 day
9.58%
5 days
14.38%
1 month
-42.45%
3 months
-75.76%
6 months
-93.67%
Year to date
-98.25%
1 year
-98.25%
5 years
-99.12%
10 years
-99.12%
 

About: VCI Global Ltd is a holding company. The principal activities of the Company and its subsidiaries are the provision of business Strategy consultancy and technology development solution consultancy. The firm organized its consulting services into three main segments: Business Strategy Consultancy; Technology Consultancy; and Others. It derives the majority of its revenue from the Business Strategy Consultancy segment which focuses on listing solutions, investor relations, and boardroom strategies consultancy. It has established a diverse local and international clientele, providing them with its services in both local and cross-border listings. Its role begins with pre-listing diagnosis and planning to the finalization of the entire listing process.

Employees: 102

0
Funds holding %
of 6,812 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

50% more funds holding

Funds holding: 4 [Q2] → 6 (+2) [Q3]

0.02% more ownership

Funds ownership: 0.13% [Q2] → 0.15% (+0.02%) [Q3]

31% less capital invested

Capital invested by funds: $47.3K [Q2] → $32.6K (-$14.7K) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for VCIG.

Financial journalist opinion

Based on 3 articles about VCIG published over the past 30 days

Neutral
GlobeNewsWire
3 hours ago
VCI Global Expands AI Portfolio with Strategic Investment in Innovative AI Agents Startup - Marvis
KUALA LUMPUR, Malaysia, Dec. 30, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), today announced that its investment holding arm for artificial intelligence (AI) portfolios, VC AI Limited (“VC.AI”) has invested in Marvis Inc., a Delaware corporation (“Marvis”), an innovative AI startup company, pioneering advanced digital clone AI technology. This investment was made through a Simple Agreement for Future Equity (SAFE), which provided VC.AI to receive Marvis' equity in the next financing round. The current seed funding round is capped at a valuation of US$30 million. This investment reinforces VCI Global's commitment to expanding its AI portfolio and fostering innovation in emerging technologies.
VCI Global Expands AI Portfolio with Strategic Investment in Innovative AI Agents Startup - Marvis
Neutral
GlobeNewsWire
1 week ago
VCI Global Embarks on a Strategic Series of Renewable Energy Asset Acquisitions, Starting with a North Macedonia Solar Farm
KUALA LUMPUR, Malaysia, Dec. 19, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), has signed a term sheet to acquire a solar farm with an estimated capacity of 1.14 megawatts (MW), located in Novo Selo, North Macedonia. The acquisition is valued at approximately US$1.26 million (or approximately €1.2 million) and is subject to due diligence and the signing of a definitive agreement.
VCI Global Embarks on a Strategic Series of Renewable Energy Asset Acquisitions, Starting with a North Macedonia Solar Farm
Neutral
GlobeNewsWire
2 weeks ago
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 (GLOBE NEWSWIRE) -- 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 US$200 million in revenue over the next 20 years and significantly contribute to VCI Global's long-term growth.
VCI Global Targets US$200 Million Revenue with 100 MW of Solar Photovoltaic Projects in Southeast Asia and Europe
Neutral
GlobeNewsWire
1 month ago
VCI Global Receives Conditional Letter of Award for US$24 Million AI Contract
KUALA LUMPUR, Malaysia, Nov. 27, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), through its subsidiary, V-Gallant Sdn. Bhd. (“V-Gallant”), is pleased to announce that it has received a conditional Letter of Award valued at approximately US$24 million from Hexatoff Group Sdn. Bhd. (“Hexatoff Group”) for its proposed data center project in Enstek City, Malaysia.
VCI Global Receives Conditional Letter of Award for US$24 Million AI Contract
Neutral
GlobeNewsWire
1 month ago
VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule
KUALA LUMPUR, Malaysia, Nov. 26, 2024 (GLOBE NEWSWIRE) -- 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 that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) for continued listing.
VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule
Neutral
GlobeNewsWire
1 month ago
VCI Global Announces 1-for-49 Reverse Stock Split
KUALA LUMPUR, Malaysia, Nov. 01, 2024 (GLOBE NEWSWIRE) -- 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 approved 1-for-49 stock split of the Company's common stock with no par value, effective at 12:01 a.m. Eastern Time on 5 November, 2024 (the “Reverse Stock Split”). VCI Global's common stock will continue to be traded on the Nasdaq Capital Market on a split-adjusted basis beginning on 5 November, 2024, under the Company's existing trading symbol “VCIG” with the new CUSIP number G98218 202.
VCI Global Announces 1-for-49 Reverse Stock Split
Neutral
GlobeNewsWire
2 months ago
VCI Global Wins Its First AI Contract Worth US$16 Million
KUALA LUMPUR, Malaysia, Oct. 29, 2024 (GLOBE NEWSWIRE) -- 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 player.
VCI Global Wins Its First AI Contract Worth US$16 Million
Neutral
GlobeNewsWire
2 months ago
VCI Global Completes Founder Group Limited's IPO on Nasdaq, Records US$5.2 Million in Revenue
KUALA LUMPUR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- 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) company that was spun off from Reservoir Link Energy Berhad, a Bursa Malaysia-listed company. With expertise in capital market consultancy, VCI Global facilitated FGL's entire IPO journey, culminating in its trading debut on Wednesday, which resulted in a market capitalization exceeding US$65 million and raised US$4.875 million.
VCI Global Completes Founder Group Limited's IPO on Nasdaq, Records US$5.2 Million in Revenue
Neutral
GlobeNewsWire
2 months ago
VCI Global Appoints Victor Lee as Executive Director
KUALA LUMPUR, Malaysia, Oct. 21, 2024 (GLOBE NEWSWIRE) -- 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 designed to strengthen the Company's leadership and better align with its evolving business landscape and go-forward strategy.
VCI Global Appoints Victor Lee as Executive Director
Neutral
GlobeNewsWire
2 months ago
VCI Global Unleashes Enterprise AI Solutions with V-Gallant, Leveraging NVIDIA's Computing Infrastructure
KUALA LUMPUR, Malaysia, Oct. 09, 2024 (GLOBE NEWSWIRE) -- 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 Language Models (LLMs) and automated machine learning platforms. Beyond seamless integration, enterprises can enhance operational efficiency by optimizing computing power distribution, improving data flow, and task automation.
VCI Global Unleashes Enterprise AI Solutions with V-Gallant, Leveraging NVIDIA's Computing Infrastructure
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