The OOB Token will serve as the utility and incentive token within the OOBIT ecosystem, powering payments, rewards, and cross-border transactionsKUALA LUMPUR, Malaysia, Nov. 11, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced the acquisition of approximately US$100 million (book value) in OOB tokens and its appointment as Treasury Manager for the OOB digital-asset ecosystem, in which Tether Investment Limited (“Tether”) holds the largest ownership s ...

Core Points - VCI Global Limited has entered into a definitive agreement for the issuance and sale of 2,777,778 ordinary shares at an offering price of $1.80 per share, expected to close on or about October 31, 2025 [1][2] - The gross proceeds from the offering are anticipated to be approximately $5,000,000, which will be used for working capital and general corporate purposes [2] Company Overview - VCI Global Limited is a provider of business and technology consulting services, focusing on developing platforms in artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions [4][5] - The company aims to integrate technology innovation with financial ecosystems to help enterprises, governments, and institutions capitalize on opportunities in the digital economy [5]

Core Points - VCI Global Limited has entered into a definitive agreement for the issuance and sale of 2,777,778 ordinary shares at an offering price of $1.80 per share, expected to close on or about October 31, 2025 [1][2] - The gross proceeds from the offering are anticipated to be approximately $5,000,000, which will be used for working capital and general corporate purposes [2] Company Overview - VCI Global Limited is a provider of business and technology consulting services, focusing on developing platforms in artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions [4][5] - The company aims to integrate technology innovation with financial ecosystems to help enterprises, governments, and institutions capitalize on opportunities in the digital economy [5]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Cambium Networks Corporation (CMBM) is up 134% at $6.92 [3] - VCI Global Limited (VCIG) is up 119% at $3.95 [3] - ARB IOT Group Limited (ARBB) is up 29% at $7.78 [3] - VivoSim Labs, Inc. (VIVS) is up 28% at $2.96 [3] - Guardant Health, Inc. (GH) is up 27% at $91.88 [3] - Tectonic Therapeutic, Inc. (TECX) is up 22% at $22.84 [3] - Metsera, Inc. (MTSR) is up 19% at $62.25 [3] - GeoPark Limited (GPRK) is up 18% at $7.84 [3] - Align Technology, Inc. (ALGN) is up 14% at $151.20 [3] - FormFactor, Inc. (FORM) is up 14% at $54.50 [3] Premarket Losers - FMC Corporation (FMC) is down 29% at $20.60 [4] - Sprouts Farmers Market, Inc. (SFM) is down 23% at $79.80 [4] - Veru Inc. (VERU) is down 22% at $2.71 [4] - Wolfspeed, Inc. (WOLF) is down 20% at $25.28 [4] - Chipotle Mexican Grill, Inc. (CMG) is down 17% at $32.86 [4] - Intellia Therapeutics, Inc. (NTLA) is down 15% at $11.06 [4] - TransMedics Group, Inc. (TMDX) is down 10% at $120.48 [4] - eBay Inc. (EBAY) is down 8% at $90.98 [4] - CPS Technologies Corporation (CPSH) is down 8% at $4.00 [4] - Carvana Co. (CVNA) is down 7% at $328.00 [4]

Group 1 - VCI Global Ltd (NASDAQ:VCIG) shares experienced a significant surge of 87.78% in after-hours trading, closing at $3.38 after a regular session decline of 10% to $1.80 [1][2] - The company plans to launch the XVIQ token, a digital asset aimed at supporting AI infrastructure, GPU cloud computing, and real-world asset ecosystems, with its subsidiary, Smart Bridge Technologies Limited, as the exclusive issuer [2][4] - The expected launch of the XVIQ token is set for the first quarter of 2026 [2] Group 2 - Smart Bridge's revenue model includes transaction fees from token issuance and settlements, treasury management returns from reserve allocations and staking programs, and ecosystem utility fees from GPU cloud services and real-world asset tokenization solutions [3] - CEO Henry Chai emphasized the importance of this initiative, stating it marks a pivotal step for Smart Bridge in preparing to launch and manage the XVIQ ecosystem [4] - VCI Global reported first-half earnings of $18.7 million in revenue and $57.08 in earnings per share, although the stock is down 99.82% year to date, with a market capitalization of $2.27 million [4]

Mandate Expected to Drive Recurring Revenues and Long-Term Value Creation Across AI, GPU, and Real-World Asset MarketsKUALA LUMPUR, Malaysia, Oct. 29, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that its subsidiary Smart Bridge Technologies Limited (“Smart Bridge”) has been appointed as the exclusive issuer and treasury manager of the XVIQ token, a next-generation digital asset designed to support AI infrastructure, GPU cloud computing, and real ...

KUALA LUMPUR, Malaysia, Oct. 29, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that its subsidiary Smart Bridge Technologies Limited (“Smart Bridge”) has been appointed as the exclusive issuer and treasury manager of the XVIQ token, a next-generation digital asset designed to support AI infrastructure, GPU cloud computing, and real-world asset (RWA) ecosystems. The XVIQ token is scheduled to launch in Q1 2026, marking a significant milestone in th ...

Positioned to Capture Opportunities in the US$71 Billion Crypto-Exchange Market and the US$24 Billion Tokenized Asset Sector, Combining Blockchain Innovation with Tangible ValueKUALA LUMPUR, Malaysia, Oct. 23, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), today announced that its subsidiary Smart Bridge Technologies Limited (“Smart Bridge”) is preparing to launch an Ethereum-based crypto–fiat platform that integrates digital assets, gold, and traditional finance ...

Core Insights - VCI Global Limited forecasts a revenue of US$47.3 million for the full year ending December 31, 2025, reflecting a significant year-over-year growth of approximately 70% from US$27.8 million in 2024 [5] - The company is focusing on high-margin, technology-driven verticals, particularly in AI, cybersecurity, and fintech, while maintaining a disciplined approach to profitability [2][4] Financial Guidance - Revenue is projected to grow to US$47.3 million, a 70% increase from 2024 [5] - Gross profit is expected to reach US$37.8 million, indicating an 80% gross margin [5] - EBITDA is forecasted at US$12.0 million, representing a 45% growth from US$8.3 million in 2024 [5] - Net income is anticipated to increase by approximately 20% to US$9.1 million compared to US$7.6 million in 2024 [5] - Net margin is projected at around 19%, reflecting strategic reinvestment in infrastructure [5] Strategic Growth Catalysts - VCI Global is implementing strategic initiatives to capture recurring revenue opportunities and expand market presence [3][6] - Key initiatives include the commercial rollout of GPU Lounge & GPU Cloud to meet AI compute demand, expansion of RWA Consultancy for blockchain adoption, scaling of cybersecurity and data analytics platforms, and fintech expansion in ASEAN markets [6][7] Positioning for Shareholder Value - The company's strategy emphasizes building durable, high-margin revenue streams through scalable technology platforms and capital-efficient investments [7] - VCI Global aims to capture a significant share of Southeast Asia's growing digital economy through its expanding pipeline across AI, cybersecurity, fintech, and digital asset infrastructure [7][8]

Core Insights - VCI Global Limited reported a significant revenue increase of 37% year-over-year, reaching US$18.7 million for the first half of 2025, driven primarily by technology development and consultancy [3][5][6] - The company achieved a remarkable 434% growth in revenue from technology development, solutions, and consultancy, totaling US$9.3 million [4][6] - Gross profit margin remained strong at 80%, indicating the scalability of VCI Global's technology-driven model [5] Financial Performance - Revenue from business strategy consultancy decreased by 27.5% to US$8.1 million, reflecting a normalization after a record 2024 [4][6] - Interest income increased by 88% to US$1.3 million, driven by an expanded loan portfolio and client financing activities [6][7] - Net profit for the first half of 2025 was US$4.7 million, a 13% decrease from the previous year, primarily due to higher operating expenses [8][11] Cost Structure - Total cost of services rose significantly by 334% to US$3.7 million, reflecting increased investments in AI infrastructure [8][12] - Employee benefit expenses increased by 60% to US$2.6 million, attributed to a larger workforce and higher benefits [10] - IT expenses surged to US$3.3 million, a dramatic increase from US$8.9 thousand in the prior-year period, due to investments in technological capabilities [12] Cash Flow and Capital Allocation - Net cash generated from operating activities improved to US$969 thousand, compared to US$9.5 million used in the same period last year [14] - Net cash used in investing activities rose to US$45.5 million, primarily for investments in financial assets and AI infrastructure [15] - Net cash generated from financing activities increased to US$41.3 million, bolstered by proceeds from share issuances [16] Strategic Outlook - The company is set to launch new initiatives, including a GPU Lounge and Cloud platform, to create recurring revenue streams [2][22] - VCI Global aims to expand its presence in AI, fintech, and digital assets, positioning itself at the intersection of these high-growth sectors [2][20]