Core Viewpoint - VCI Global Limited has executed open-market repurchases of its common shares as part of its capital optimization and shareholder value strategy, reflecting confidence in its long-term direction and commitment to delivering lasting value to shareholders [1][2][4]. Group 1: Share Repurchase Details - The share repurchases were conducted in compliance with U.S. securities regulations and are part of a broader strategy to enhance shareholder value [2]. - The company may continue to repurchase shares depending on market conditions and corporate considerations [2]. Group 2: Company Strategy and Focus - VCI Global is strengthening its multi-sector platform that includes technology, cybersecurity, artificial intelligence, digital assets, financial services, and emerging industries [3]. - The company is focused on expanding its presence in high-growth sectors and advancing strategic initiatives for sustainable performance [4]. - By integrating technology innovation with financial ecosystems, VCI Global aims to enable various entities to seize opportunities in the evolving digital economy [6]. Group 3: Company Overview - VCI Global Limited is positioned as a cross-sector platform builder, concentrating on developing scalable platforms in areas such as artificial intelligence, encrypted data infrastructure, and next-generation capital market solutions [5].

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Sigma Lithium Corporation (SGML) is up 31% at $10.21 [3] - Safe & Green Holdings Corp. (SGBX) is up 22% at $4.17 [3] - VCI Global Limited (VCIG) is up 15% at $1.18 [3] - Vera Bradley, Inc. (VRA) is up 13% at $3.27 [3] - TMC the metals company Inc. (TMC) is up 8% at $5.88 [3] - DDC Enterprise Limited (DDC) is up 6% at $4.74 [3] - Relmada Therapeutics, Inc. (RLMD) is up 6% at $4.55 [3] - Tonix Pharmaceuticals Holding Corp. (TNXP) is up 5% at $17.18 [3] - Viewbix Inc. (VBIX) is up 5% at $2.10 [3] - Penguin Solutions, Inc. (PENG) is up 4% at $18.98 [3] Premarket Losers - Aimei Health Technology Co., Ltd (AFJK) is down 10% at $9.40 [4] - Gauzy Ltd. (GAUZ) is down 8% at $2.15 [4] - Wix.com Ltd. (WIX) is down 7% at $116.87 [4] - Diginex Limited (DGNX) is down 7% at $14.99 [4] - Okeanis Eco Tankers Corp. (ECO) is down 6% at $36.85 [4] - Olema Pharmaceuticals, Inc. (OLMA) is down 6% at $18.89 [4] - KULR Technology Group, Inc. (KULR) is down 6% at $2.52 [4] - Movano Inc. (MOVE) is down 5% at $10.54 [4] - Core AI Holdings (CHAI) is down 4% at $2.16 [4] - ARB IOT Group Limited (ARBB) is down 3% at $5.74 [4]

Core Insights - VCI Global Limited has announced a special dividend of 10% of its cybersecurity and AI subsidiary, V Gallant Limited, to be distributed to all shareholders, marking a strategic move towards unlocking value ahead of V Gallant's planned Nasdaq IPO [1][2][3] Group 1: Dividend Announcement - The special dividend will be distributed on a pro rata basis to all VCIG shareholders, representing a 10% equity interest in V Gallant [1][4] - The record date for the dividend distribution will be announced after administrative procedures are completed, with confirmation expected within 7-14 days [4] Group 2: Strategic Rationale - The distribution aims to broaden shareholder participation in V Gallant, reduce corporate concentration, and enhance trading liquidity, aligning long-term interests across both entities [2][6] - This move is part of VCI Global's value-unlocking strategy as V Gallant prepares for its Nasdaq carve-out IPO, which is projected to have a nine-figure valuation based on internal estimates and market comparables [2][5] Group 3: V Gallant's Positioning - V Gallant is recognized as one of VCI Global's fastest-scaling technology units, focusing on cybersecurity and AI solutions for enterprises and government organizations [3][7] - The company is advancing through key preparatory milestones for its IPO, including audit completion, valuation review, and engagement with institutional investors [5][6]

Core Insights - VCI Global Limited has acquired 250 million OOB tokens at a price of US$0.20 per token, totaling US$50 million, under its US$100 million digital treasury framework [3][4] - The OOB token is now trading on Kraken, with a current valuation of approximately US$640 million, indicating a significant unrealized gain of US$109.8 million for VCI Global [3][6] - This acquisition reflects a strategic shift towards integrating digital assets into corporate treasury management, aligning with broader trends in institutional adoption of blockchain technologies [4][5] Company Strategy - VCI Global's digital treasury strategy aims to capture upside potential while ensuring liquidity, transparency, and regulatory compliance [4] - The company is focused on long-term value creation for shareholders through a disciplined allocation model [5] - The partnership with OOBIT positions VCI Global as the Treasury Manager of the OOB Foundation, enhancing its role in the digital asset ecosystem [2][4] Market Context - The trading debut of the OOB token on Kraken signifies growing market confidence in utility tokens that are backed by real-world applications and institutional oversight [6][7] - OOBIT's decentralized payments ecosystem aims to facilitate instant cross-border settlements and multi-chain interoperability, integrating crypto payments into everyday commerce [6] - The strong performance of OOB on Kraken reflects increasing trust in utility tokens supported by tangible products and institutional transparency [7]

Company Acquisition & Investment - VCI Global, a Nasdaq-listed tech firm, is acquiring $100 million worth of OOB tokens from Oobit [1] - Following the token purchase, Tether is expected to become the largest shareholder of VCI Global [1] Cryptocurrency & Payment Industry - Oobit is a crypto payment company backed by Tether [1]

Core Insights - Tether is set to become the largest shareholder of VCI Global (VCIG) after a $100 million OOB token digital-asset-treasury transaction [1] - Tether has a market capitalization of approximately $180 billion and holds tens of billions in U.S. Treasury bills and cash equivalents [1] - VCIG plans to integrate the OOB token into its $100 million digital-treasury initiative to support future projects in AI, fintech, and blockchain [1]

Core Insights - VCI Global Limited has announced the debut of the OOB Token on Kraken, following a US$100 million acquisition of OOB tokens, marking a significant milestone in its digital treasury initiative [1][3] - The OOB Token aims to bridge real-world payments with institutional trust, integrating regulated capital markets with blockchain liquidity [1][2] Company Overview - VCI Global is focused on developing and scaling platforms across various sectors, including artificial intelligence, encrypted data infrastructure, and digital treasury systems [5][6] - The company positions itself as a cross-sector platform builder, enabling enterprises and institutions to capture opportunities in the evolving digital economy [6] Strategic Partnerships - The partnership with Tether as a strategic shareholder enhances liquidity and credibility for the OOB Token, while Kraken provides global access and integrity in the digital asset market [2][4] - Additional ecosystem supporters include Solana Co-Founder Anatoly Yakovenko and CMCC Global, further strengthening the OOB Token's market position [4] Treasury Management Framework - VCI Global's Treasury Management role ensures that OOB operates with transparency and liquidity, implementing staking and burn mechanisms to control circulation [3][5] - The oversight framework aims to deliver measurable utility in both cross-border and everyday transactions, enhancing the token's value for users and investors [3][5]

Group 1 - VCI Global Limited announced that Tether will become the largest shareholder following a USD 100 million OOB token digital-asset-treasury transaction [1] - Tether has a market capitalization of approximately USD 180 billion and holds tens of billions in U.S. Treasury bills and cash equivalents, making it the most widely used and asset-backed stable-coin globally [2] - The OOBIT ecosystem, supported by notable figures and firms, facilitates a decentralized payments platform for tap-to-pay and cross-border transactions [2] Group 2 - Following the transaction, VCI Global will integrate the OOB token into its digital-treasury initiative to support future projects in AI, fintech, and blockchain [3] - VCI Global focuses on developing scalable platforms across various sectors, including artificial intelligence and digital treasury systems, to capture opportunities in the digital economy [4] - The company's strategy emphasizes resilience, efficiency, and long-term value across multiple high-growth sectors [4]

Core Insights - VCI Global Limited has acquired approximately US$100 million in OOB tokens and has been appointed as Treasury Manager for the OOB digital-asset ecosystem, which is primarily owned by Tether Investment Limited [1][2] - The acquisition positions VCI Global as a significant player in the digital-asset ecosystem, enhancing its relationships with key industry leaders [2] - The OOB token will function as a utility and incentive token within the OOBIT platform, which aims to integrate blockchain technology into everyday financial activities [3][5] Company Overview - VCI Global is focused on developing cross-sector platforms that leverage technology, AI, digital assets, and capital markets to create sustainable value [3][4] - The company aims to build scalable platforms that enhance resilience, efficiency, and long-term value across various high-growth sectors [8] Transaction Details - VCI Global acquired US$50 million worth of OOB tokens at a market capitalization of US$200 million (US$0.20 per token) through restricted shares issued to the OOB Foundation, with plans to acquire an additional US$50 million through cash purchases post-launch [5] - The transaction structure includes the establishment of VCI Global's Digital Treasury Division to manage digital-asset initiatives and integrate token utility into its AI, fintech, and data platforms [7] OOB Token and OOBIT Platform Features - The OOB token will enable tap-to-pay crypto transactions, low-cost cross-border remittances, loyalty rewards, and multi-chain interoperability [6] - The platform aims to bridge traditional finance with decentralized ecosystems, enhancing the utility of the OOB token [6]

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]