US$1 Million Funding to Accelerate Credilab’s Push Toward Unicorn Status and Regional Market LeadershipKUALA LUMPUR, Malaysia, April 30, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that its fintech subsidiary, Credilab Sdn Bhd (“Credilab”), a fast-scaling digital lending platform, has secured a strategic investment worth US$1 million from Triple Helix Capital Ltd (“Triple Helix”), a leading Dubai-based private investment fund. Credilab is focuse ...

KUALA LUMPUR, Malaysia, April 29, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), today announced that it will release its financial results for fiscal year 2024, ended December 31, 2024, before markets open on May 13, 2025. VCI Global’s management team will hold an earnings call at 8:00 a.m. Eastern Time on May 13, 2025, to discuss the Company’s financial and business outlook. Please call the conference telephone number 10 minutes prior to the start time. To acce ...

KUALA LUMPUR, Malaysia, April 07, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a leading technology and advisory group specializing in AI, cybersecurity, and capital markets, today announced that it has no material exposure to the newly imposed United States (U.S.) tariffs. Despite ongoing shifts in the global trade environment, the Company maintains a stable outlook and continues to strengthen its dual-track strategy: enabling Southeast Asia's high-growth busin ...

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 wo ...

Core Viewpoint - VCI Global Limited has launched DeepAI, an AI infrastructure platform aimed at accelerating enterprise adoption of large language models (LLMs) [1][2]. Company Overview - V Gallant Sdn Bhd, a subsidiary of VCI Global, specializes in AI infrastructure and cybersecurity solutions, providing GPU-optimized services with capabilities for distillation, fine-tuning, and inference [2][6]. - The company aims to eliminate the need for capital expenditure and internal AI engineering teams by offering a fully managed AI-as-a-service model through DeepAI [2]. Product Features - DeepAI focuses on data sovereignty and security, allowing businesses to deploy AI models on-premises, through hosted solutions, or within intranet-only environments [3]. - The platform supports custom AI applications tailored to specific enterprise workflows and industry needs, with multiple product tiers available [3][8]. - DeepAI is designed to reduce AI adoption costs and enhance performance by utilizing on-premises processing, which avoids the latency associated with cloud-based solutions [4]. Market Insights - The global AI infrastructure market is projected to reach USD 60.23 billion by 2025, with a compound annual growth rate (CAGR) of 26.60% from 2025 to 2034 [3]. - The on-premises segment is significant within this market, providing greater control over data security and regulatory compliance, particularly for organizations with stable workloads [3]. Strategic Goals - The launch of DeepAI is part of VCI Global's commitment to driving AI transformation in Southeast Asia, focusing on sovereign AI, data protection, and operational automation [5]. - The company aims to establish a full-stack AI infrastructure ecosystem, positioning DeepAI as a core component for enterprise AI deployment [5].

Company to Deploy Advanced AI Solutions with a Combined 6-Trillion-Parameter Processing Capacity Within 12 MonthsKUALA LUMPUR, Malaysia, March 24, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a leading provider of technology solutions, is pleased to announce the acquisition of three significant contracts totaling US$33 million for the deployment of advanced AI infrastructure solutions. These projects are set to enhance clients’ computing capabilities, enabling ...

Core Viewpoint - VCI Global Limited has launched V Gallant CyberSecure, an AI-powered cybersecurity solution aimed at protecting enterprise systems from various cyber threats, including ransomware and malware [1][2]. Company Overview - VCI Global Limited is a diversified global holding company focusing on sectors such as AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy [9]. - V Gallant Sdn Bhd, a subsidiary of VCI Global, specializes in AI infrastructure and cybersecurity solutions, providing high-performance GPU hardware and software for AI development [8]. Product Features - V Gallant CyberSecure integrates AI-driven threat detection with automated encrypted data protection, offering a dual-layer approach to cybersecurity [2]. - The solution includes "The Vault," an encrypted backup system that secures critical data and allows for rapid recovery post-attack or system failure [3][6]. - The system employs AI-accelerated encryption chips to enhance performance, ensuring seamless real-time data protection and proactive threat identification [4][7]. Market Opportunity - The global cybersecurity market is projected to grow at a compound annual growth rate of 12.9% from 2025 to 2030, driven by increasing demand from institutions and enterprises [4]. - V Gallant CyberSecure operates on a recurring revenue model through annual subscription fees, positioning the company for predictable and scalable growth in the expanding cybersecurity sector [4].

Core Viewpoint - VCI Global Limited has launched V Gallant CyberSecure, an AI-powered cybersecurity solution designed to protect enterprise systems from ransomware, malware, and advanced cyber threats [1][2]. Company Overview - VCI Global Limited operates through its subsidiary V Gallant Sdn Bhd, focusing on AI infrastructure and cybersecurity solutions [9]. - The company is a diversified global holding entity with interests in AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy [10]. Product Features - V Gallant CyberSecure integrates AI-driven threat detection with automated, encrypted data protection, providing a dual-layer approach to cybersecurity [2]. - The solution includes The Vault, an encrypted backup system that requires authentication keys for access, ensuring data security from both external and internal threats [3][5]. - The system offers instant rollback capabilities, allowing businesses to restore operations immediately after an attack or system failure [3]. Technological Advancements - The architecture of V Gallant CyberSecure utilizes AI-accelerated encryption chips developed in collaboration with leading technology partners, enhancing cybersecurity performance [4][6]. - The solution accelerates encryption and decryption speeds, ensuring seamless real-time data protection while reducing computational overhead [6]. Market Opportunity - The global cybersecurity market is projected to grow at a compound annual growth rate of 12.9% from 2025 to 2030, driven by increasing demand from institutions and enterprises [4]. - V Gallant CyberSecure operates on a recurring revenue model through annual subscription fees, positioning the company for predictable and scalable growth in the expanding cybersecurity sector [7]. Executive Insight - The Group Executive Chairman and CEO of VCI Global emphasized the need for next-generation solutions that not only prevent attacks but also ensure complete system recoverability without data compromise [8].

Core Insights - VCI Global Limited has signed a definitive agreement to acquire Datanex Asia Sdn Bhd (Lux-Motion) for approximately US$1.8 million, marking a strategic expansion into AI-driven automotive financing and blockchain-powered digital lending [1][4] - Lux-Motion is an AI-powered luxury supercar e-commerce platform that enhances high-end automotive services through advanced digital innovation, including its proprietary LuxScore system for financial assessments and personalized recommendations [2][6] - The global automotive e-commerce market is projected to reach approximately US$343.13 billion by 2032, with a compound annual growth rate (CAGR) of 16.6%, positioning VCI Global to capitalize on this growth [3] Company Strategy - The acquisition of Lux-Motion accelerates VCI Global's expansion into AI-driven digital lending and enhances its potential for strategic mergers, acquisitions, and partnerships [4] - By leveraging Lux-Motion's AI-powered financing model, VCI Global aims to reinforce its leadership in high-value automotive transactions, unlocking new revenue streams and increasing market valuation [5] - The company is focused on building a scalable ecosystem that streamlines luxury car transactions, enhancing customer experience and driving long-term value for investors [5] Technological Innovation - Lux-Motion's platform integrates AI-powered risk assessment and blockchain-backed transaction security, strengthening VCI Global's presence in the digital automotive marketplace [3][9] - The platform offers features such as automated loan approvals, flexible payment options, and secure, tokenized asset tracking for vehicle transactions [9]

Company Details Strategic Growth Initiatives to Expand Market Presence Across Asia and the Middle EastKUALA LUMPUR, Malaysia, March 13, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a market leader in initial public offering (IPO) advisory, cybersecurity, enterprise AI, and AI infrastructure, announced an update on its strategic expansion plan and vision for market dominance across Asia and the Middle East. With an ambitious multi-phase roadmap, the Company aims ...