The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major oversold players ...

Core Insights - VCI Global Limited has announced the rescission of its previously planned acquisition of a 20% equity stake in QuantGold Data Group Limited, leading to the cancellation of associated shares and a more efficient capital base [1][2] Group 1: Acquisition Details - The board of VCI Global determined that the proposed acquisition would not provide optimal value for shareholders, prompting the initiation of formal proceedings to rescind the transaction [2] - The original acquisition framework included a plan to acquire Secure Encryption Storage Limited (SES) for HKD 10 million, but it was found that SES did not possess the expected portfolio of 129 patents, which was a critical component of the transaction [3] - No intellectual property has been transferred or assigned to VCI Global or QuantGold, allowing the company to maintain flexibility in pursuing other strategic technology partnerships [4] Group 2: Strategic Positioning - With the resolution of these matters, VCI Global is positioned to advance its cybersecurity business through its V Gallant distributorship with SES and other technology partners, enabling faster market penetration [5] - The rescission reflects the company's commitment to a disciplined capital structure, especially following a recent reverse split, which will result in a tighter share base and a sharper focus on expanding cybersecurity operations [6] Group 3: Company Overview - VCI Global Limited operates as a cross-sector platform builder, focusing on technology and financial architecture, and aims to develop scalable platforms across various high-growth sectors including artificial intelligence and encrypted data infrastructure [7]

Core Insights - VCI Global Limited has announced the rescission of its previously planned acquisition of a 20% equity stake in QuantGold Data Group Limited, leading to the cancellation of associated shares and a more efficient capital base [1][2] Group 1: Acquisition Details - The board of VCI Global determined that the proposed acquisition would not provide optimal value for shareholders, prompting the initiation of formal proceedings to rescind the transaction [2] - The original acquisition framework included a plan to acquire Secure Encryption Storage Limited (SES) for HKD 10 million, but it was found that SES did not possess the expected portfolio of 129 patents, which was a critical component of the transaction [3] - No intellectual property has been transferred or assigned to VCI Global or QuantGold, allowing the company to maintain flexibility in pursuing other strategic technology partnerships [4] Group 2: Strategic Positioning - With the resolution of these matters, VCI Global is positioned to advance its cybersecurity business through its V Gallant distributorship with SES and other technology partners, enabling faster market penetration [5] - The rescission reflects the company's commitment to a disciplined capital structure, especially following a recent reverse split, which will result in a tighter share base and a sharper focus on expanding cybersecurity operations [6] Group 3: Company Overview - VCI Global Limited operates as a cross-sector platform builder, focusing on technology and financial architecture, and aims to develop scalable platforms across various high-growth sectors including artificial intelligence and encrypted data infrastructure [7]

Core Insights - VCI Global Limited has launched a Real-World Asset (RWA) consultancy through its subsidiary Smart Bridge Technologies to tap into the US$16 trillion tokenization market [1][2] - The initiative aims to enhance VCI Global's cross-sector platform by integrating capital markets consultancy, AI, fintech, and cybersecurity, thereby unlocking new opportunities in the tokenization space [2][3] - Smart Bridge will offer a comprehensive suite of services to assist corporates, asset owners, and institutions in structuring and scaling tokenization projects with a compliance-first approach [2][5] Company Overview - Smart Bridge Technologies specializes in AI-powered automation and digital transformation services, integrating its expertise with new capabilities in RWA tokenization advisory [4][6] - VCI Global operates across various sectors, including fintech, AI, robotics, and cybersecurity, with a mission to empower governments and enterprises in Southeast Asia [6][7] Strategic Expansion - The launch of Smart Bridge is seen as a natural extension of VCI Global's mission to connect businesses with capital, creating opportunities for recurring revenue and enhancing the client ecosystem [3][8] - The consultancy will provide services such as asset tokenization advisory, regulated listing support, cross-border capital access, and technology integration [7][8]

Core Insights - VCI Global Limited is participating in the Smart City Expo KL 2025 to showcase technologies aimed at accelerating secure digital transformation in cities globally [1][2] - The smart city economy is projected to exceed US$1.04 trillion by 2025, with a CAGR of 29.4% through 2030, while the global cybersecurity market is expected to reach approximately US$301.9 billion in 2025 and expand to about US$878.5 billion by 2034, indicating significant growth opportunities [5][6] Company Overview - VCI Global is a cross-sector platform builder that integrates deep technology with financial architecture to create sovereign-ready digital ecosystems [10][11] - The company aims to empower governments, enterprises, and institutions in Southeast Asia to scale securely and intelligently, focusing on digital sovereignty and national security [11] Product Offerings - VCI Global will showcase a suite of integrated solutions at SCEKL25, including advanced cybersecurity, encrypted compute, and scalable AI systems, designed to enhance urban security and resilience [3][4] - Key products include: - QuantGold, a sovereign-grade encrypted data platform for secure data monetization [7] - V Gallant CyberSecure, offering military-grade cybersecurity with automated recovery [8] - V Gallant DeepAI, a high-throughput AI model training platform [8] - V Gallant SecureGPU, which provides hardware-based encryption for AI workloads [8] - QuantGold QsecureCam, an AI-driven encrypted surveillance system [8] Market Positioning - The convergence of smart city and cybersecurity markets presents a strategic opportunity for VCI Global to position itself as a long-term partner for governments and enterprises [6] - The company is focused on addressing the urgent need for secure, scalable AI systems within modern urban infrastructure, aligning its solutions with global market trends [5][6]

Core Insights - Credilab, a fintech subsidiary of VCI Global, has achieved significant milestones in the Southeast Asian digital financing landscape, including a loan book expansion to US$35 million and a 53% year-over-year revenue growth [2][6] - The company has maintained non-performing loans (NPL) below 3%, demonstrating effective risk management through its proprietary credit risk engine [2][4] - Credilab has received conditional approval for a full online lending license from the Malaysian government, which will enhance its ability to provide nationwide financing access [3][6] Company Performance - For the twelve months ending June 2025, Credilab's loan book reached US$35 million, reflecting strong demand from underserved small and medium enterprises (SMEs) [2] - The company reported a 53% increase in revenue year-over-year, indicating robust growth and scalability of its AI-driven model [2] - The NPL ratio remains below 3%, highlighting the effectiveness of Credilab's credit assessment and risk management systems [2][4] Regulatory Developments - Credilab has received conditional approval for a full online lending license from the Ministry of Housing and Local Government of Malaysia, marking a significant regulatory milestone [3] - This approval is expected to facilitate seamless access to financing across Malaysia, aligning with Credilab's mission to democratize credit [3][5] Market Opportunity - As of 2024, micro, small, and medium enterprises (MSMEs) represent 96.1% of all business establishments in Malaysia, indicating their critical role in the economy [5] - Malaysia faces an SME financing gap of approximately US$64 billion, underscoring the substantial unmet demand for financing solutions [5] - Credilab aims to address this gap by offering same-day loan disbursement and alternative credit scoring, thereby promoting financial inclusion [5][6]

Core Insights - VCI Global Limited's fintech subsidiary, Credilab, is emerging as a leader in Southeast Asia's digital financing landscape, achieving significant milestones [1][6] - Credilab expanded its loan book to US$35 million, reflecting a 53% year-over-year revenue growth, driven by strong demand from underserved SMEs [2][6] - The company has maintained non-performing loans (NPL) below 3%, showcasing the effectiveness of its AI-driven credit risk engine [2][4] Company Developments - Credilab received conditional approval for a full online lending license from the Malaysian Ministry of Housing and Local Government, facilitating nationwide access to financing [3][6] - The platform's technology integrates AI for credit assessment and risk management, enabling rapid loan disbursements while ensuring asset quality [4][6] - Credilab aims to address Malaysia's SME financing gap of approximately US$64 billion, with MSMEs constituting 96.1% of all business establishments in the country [5] Future Outlook - Credilab is positioned to scale significantly, potentially evolving into a unicorn in the fintech space due to its strong execution and technology [6] - The platform focuses on financial inclusion by providing accessible micro-financing solutions to underserved individuals, enhancing credit access through advanced technology [8]

Core Insights - VCI Global Limited has launched its CyberSecure Cloud service in Malaysia, providing military-grade encryption and automated resilience for data protection [1][5] - The Malaysian cybersecurity market is valued at approximately US$500 million in 2025 and is projected to reach US$700 million by 2030, indicating significant growth potential [2] - VCI Global plans to expand CyberSecure Cloud into Singapore, Hong Kong, Dubai, and Indonesia, enhancing its position in the regional cybersecurity market [4] Company Overview - VCI Global is a cross-sector platform builder that integrates deep technology with financial architecture, focusing on creating sovereign-ready digital ecosystems [6][7] - The company aims to empower governments, enterprises, and institutions in Southeast Asia to scale securely and independently, with a focus on digital sovereignty and national security [7] Product Features - CyberSecure Cloud combines EAL4-certified hardware-level encryption with various enterprise cybersecurity features, including automated backup and recovery, integrated firewall gateway, and scalable storage options ranging from 3TB to 50TB [2][9] - The service is designed for organizations that require high security and regulatory compliance, catering to both SMEs and large enterprises [2][9]

Core Insights - VCI Global Limited has launched its CyberSecure Cloud service in Malaysia, providing military-grade encrypted data protection for enterprises and government organizations [1][5] - The Malaysian cybersecurity market is valued at approximately US$500 million in 2025 and is projected to reach US$700 million by 2030, while the ASEAN cybersecurity market is expected to grow from US$5.5 billion in 2025 to US$12.2 billion by 2030 [2] - The company plans to expand CyberSecure Cloud into Singapore, Hong Kong, Dubai, and Indonesia as part of its phased rollout strategy [4] Company Overview - VCI Global is a cross-sector platform builder that integrates deep technology with financial architecture to enable sovereign-ready digital ecosystems [5][6] - The company aims to empower governments, enterprises, and institutions in Southeast Asia to scale securely and independently [6] Product Features - CyberSecure Cloud combines EAL4-certified hardware-level encryption with various enterprise cybersecurity features, including automated backup and recovery, integrated firewall gateway, and scalable storage plans ranging from 3TB to 50TB [2][8] - The service will include a dedicated customer portal for enterprises to manage their encrypted storage needs online, set to launch by the end of September 2025 [3]

Core Insights - VCI Global Limited has announced a strategic partnership with Reveillon Group to launch a global network of Real-World Asset (RWA) Lounges and an RWA NFT platform, integrating luxury hospitality with digital monetization [1][2] - The initiative aims to tap into the growing creator economy and entertainment sectors, with projections estimating the creator economy to reach approximately US$480 billion by 2027 and the entertainment and media sector to expand to about US$3.5 trillion by 2029 [5] Company Overview - VCI Global is a cross-sector platform builder that integrates technology with financial architecture, focusing on enabling secure digital ecosystems [9][10] - Reveillon Group operates a diverse portfolio of food and beverage establishments and will lead the physical development and operations of the lounges [8][9] Initiative Details - The partnership will see the development of a scalable RWA NFT ecosystem, with initial lounge openings planned in Malaysia, Singapore, Dubai, and South Korea within the next 12 months, aiming for a total of 50 locations globally [2][6] - The RWA NFT platform will provide creators with tools for music, digital artwork, and instant NFT minting, ensuring copyright protection through secure watermarking [3][8] Security Measures - Every transaction and creation will be protected by the QuantGold Data Platform, which employs military-grade encryption and smart-token protection to safeguard intellectual property [4][7] Market Positioning - The initiative is designed to create a dual-revenue model that enhances recurring income opportunities while positioning VCI Global and Reveillon Group at the intersection of luxury lifestyle and technology [5][7]