AI Integrated Server (Available March 27) and Cloud AI Platform (Launching April 18) Eliminate GPU Costs and Lower AI Adoption BarriersKUALA LUMPUR, Malaysia, March 10, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”), a leading innovator in AI-driven enterprise solutions, announces its upcoming AI Integrated Server and AI Cloud Platform, designed to simplify AI adoption for businesses. By integrating DeepSeek’s lightweight, open-source large language models (LLMs), these solutions ...

Core Insights - VCI Global Limited is launching an AI Integrated Server and AI Cloud Platform aimed at simplifying AI adoption for businesses by utilizing lightweight, open-source large language models (LLMs) [1][2][5] - The solutions are designed for organizations regardless of their AI expertise, featuring pre-integrated models for various applications and built-in security and compliance [2][4] - The global cloud AI market is projected to reach approximately US$327.15 billion by 2029, with a CAGR of 32.4% from 2024 to 2029, while the AI server market is expected to grow from US$39.23 billion in 2025 to about US$352.28 billion by 2034 [3][4] Company Overview - VCI Global is a diversified global holding company focusing on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, with a strong presence in Asia, Europe, and the United States [6]

Core Insights - Sagtec Global Limited successfully completed its IPO, raising US$7 million and achieving a post-listing valuation of over US$50 million [1][2] - V Capital Consultancy Group Limited facilitated the IPO, marking its third successful Nasdaq listing within a year [1][2] - Sagtec specializes in customizable software solutions for the Food and Beverage sector, enhancing operational efficiency across various industries [3][6] Financial Performance - Sagtec's total unaudited revenue for 2024 reached approximately US$11.63 million, representing an 82.29% increase from the previous year [4] - The company's flagship product, Speed+, surpassed 10,000 subscribers, reflecting a growth of approximately 47% in subscriptions [4][6] Strategic Importance - The IPO is seen as a pivotal milestone for Sagtec, providing resources to scale operations and expand into new markets [5] - VCI Global aims to help more companies achieve their ambitions through strategic partnerships and capital market expertise [6]

Core Insights - VCI Global Limited is establishing India's first semiconductor wire manufacturing plant in partnership with Kinesis Manufacturing Solutions, supporting the Indian government's initiative for a self-sustained semiconductor ecosystem [1][3]. Company Summary - The VCI Global-Kinesis plant will produce semiconductor bonding wires, essential for chip manufacturing, located in Chennai with an initial investment of US$3.5 million [2]. - The facility will cover 25,000 square feet and is expected to begin operations in Q3 2025, reaching mass production within the same quarter, projected to generate up to US$50 million [2]. - Plans for expansion include increasing production lines from one to four, targeting an annual revenue of approximately US$200 million [2]. Industry Summary - India's semiconductor materials market is projected to reach US$8.1 billion by 2033, growing at a CAGR of 5.22% from 2025 to 2033, driven by rising demand for semiconductor materials and government incentives [3]. - The establishment of large-scale fabrication and packaging facilities is crucial for meeting the increasing demand in the semiconductor sector [3]. - The joint venture will be majority-owned by VCI Global with a 51% stake, while Kinesis will hold 49%, leveraging Kinesis's expertise in semiconductor manufacturing [4]. Strategic Positioning - VCI Global aims to become a leading supplier in India, providing critical components for semiconductor packaging and chip manufacturing, thus securing a high-margin revenue stream [5]. - The initiative aligns with the global trend of major semiconductor players expanding into India, positioning VCI Global to capitalize on this growth opportunity [5].

Strategic Venture Poised to Meet Surging Demand and Support India’s Self-Sufficiency in Semiconductor ManufacturingKUALA LUMPUR, Malaysia, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Accelerating India’s semiconductor transformation and solidifying its position in the industry’s supply chain, VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) is establishing India’s first semiconductor wire manufacturing plant in partnership with Kinesis Manufacturing Solutions Sdn Bhd (“Kinesis”). This strategic initi ...

Core Insights - VCI Global Limited has initiated a US$13.3 million share subscription program, reflecting the CEO's confidence in the company's future growth in AI infrastructure, cybersecurity, and renewable energy [1][2][5] - The structured program allows the CEO to acquire shares monthly at a 10% premium, potentially increasing his ownership from approximately 15.22% to 39.39% of total outstanding shares [2][3] - The company is targeting 200% revenue growth in 2025, leveraging its historical momentum to establish itself as a leader in high-growth industries [4] AI Infrastructure and High-Performance Computing - VCI Global is investing in advanced Supermicro servers and expanding its data center infrastructure with NVIDIA H200 Tensor Core GPUs to meet rising AI demand [6] - The company is developing an AI integration platform to connect businesses with various AI models, enhancing AI-driven workflows [6] Cybersecurity Initiatives - VCI Global has secured an exclusive distributorship with Secure Encryption Storage Limited (SES) to provide AI-driven cybersecurity solutions for enterprises and government entities [6] Renewable Energy Expansion - The company is acquiring a solar power plant in Macedonia, reinforcing its commitment to clean energy and addressing Europe's demand for sustainable power solutions [6]

Strategic Partnership Set to Drive Digital Transformation and Innovation with AI-Driven Marketing SolutionsKUALA LUMPUR, Malaysia, Feb. 12, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”) is pleased to announce that it has secured a US$12 million contract through its subsidiary, VC AI Limited (“VC.AI” or the “Company”), with Datanex Sdn Bhd (“Datanex”), a leading marketing and data solutions agency based in Malaysia. Through this contract, VC.AI will support Datanex in enhancing an ...

KUALA LUMPUR, Malaysia, Feb. 05, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), a leading innovator in AI-driven enterprise solutions, today announced the development of a next-generation AI aggregator platform. Designed to streamline AI integration, the platform will provide seamless access to major AI models, such as DeepSeek, OpenAI’s ChatGPT, Anthropic’s Claude, Google Gemini, Mistral AI, and other emerging AI technologies. According to research by Future Ma ...

This Acquisition Strengthens VCI Global’s Digital Marketing Capabilities While Enhancing the Company’s Presence in the Singapore MarketKUALA LUMPUR, Malaysia, Jan. 23, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), today announced that it is advancing the acquisition of Roots Digital Pte. Ltd. (“Roots Digital”), a digital marketing firm, marking its entry into Singapore. The acquisition, valued at approximately US$2.2 million (or approximately SG$3 million), ref ...

Core Insights - VCI Global Limited has secured an additional US$100 million investment commitment from Alumni Capital LP, building on a previous US$30 million equity line agreement in 2024, indicating strong confidence in the company's strategic direction and growth potential [1][2] Investment Allocation - The US$100 million investment will enhance the company's AI business and advance renewable energy initiatives, with US$50 million specifically allocated to AI operations to meet growing demand for AI-driven solutions [2] - VCI Global plans to allocate up to US$50 million over the next five years to acquire renewable energy projects across Southeast Asia and Europe, aiming to generate US$200 million in revenue over the next 20 years [3] Revenue Growth Projections - The company anticipates an additional US$50 million in revenue over the next three years from its combined initiatives in AI and renewable energy, building on a remarkable 145% revenue growth in 2023 and 44% growth in the first half of 2024 [4] Business Overview - VCI Global operates through five core businesses: Capital Market Consultancy, Fintech, Real Estate, AI & Robotics, and Cybersecurity, with a strong presence across the Asia-Pacific region, the United States, Europe, and the Middle East [5]