Financial Data and Key Metrics Changes - VCI Global reported a 41% increase in revenue, reaching $27.8 million, and a net income increase of $0.4 million to $7.6 million compared to the previous fiscal year [4][8][12] - EBITDA rose by 13% to $8.3 million, representing a 30% margin on revenue, while earnings per share increased by 143% to $0.51 [12] Business Line Data and Key Metrics Changes - Revenue from Business Strategy Consultancy increased by 1% from $14.7 million in 2023 to $14.8 million in fiscal year 2024, reflecting consistency in performance [10] - The Technology Development Solutions and Consultancy segment saw a remarkable growth of 155%, with revenue surging to $11.4 million from $4.5 million the previous year [11] Market Data and Key Metrics Changes - The Advisory business, particularly V Capital Consulting Group Limited (VCCG), is preparing for a carve-out IPO, indicating confidence in the long-term potential of the Capital Market Advisory space [6][17] - New offices in Singapore and Hong Kong are aimed at scaling cybersecurity and capital market advisory services, reinforcing the company's regional leadership [6][20] Company Strategy and Development Direction - The company plans to continue accelerating the development of its cross-sector platform strategy, integrating AI infrastructure, cybersecurity, fintech solutions, renewable energy assets, and capital market advisory [7][15] - The carve-out IPO of VCCG is part of a broader strategy to incubate high-potential business units and unlock their value in public markets [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed pride in the strategic milestones achieved despite a challenging macroeconomic environment, emphasizing investments in talent and infrastructure for future growth [5][14] - The company aims to build future-ready infrastructure that drives recurring value and enhances shareholder returns, with a focus on high-growth sectors [27][28] Other Important Information - VCI Global's proprietary CyberSecure solution offers comprehensive real-time protection and military-grade encryption, setting it apart in the competitive cybersecurity landscape [24][25] - The company is in advanced talks for expansion into the Middle East, aiming to tap into high-growth markets [20] Q&A Session Summary Question: Key financial highlights for fiscal year 2024 - VCI Global achieved a 41% increase in revenue and a net profit rise to $7.6 million, driven by strong performance in technology and cybersecurity services [13][14] Question: Benefits of cross-sector offerings for shareholders - The cross-sector strategy aims to create synergies that drive sustainable growth and maximize shareholder value by integrating multiple services [15][16] Question: Additional carve-out plans for other business segments - The upcoming VCCG IPO is part of a strategy to unlock value in high-potential business units, with plans to replicate this model in AI and cybersecurity [17][18] Question: International expansion strategy - The company has established offices in Singapore and Hong Kong and is in talks for expansion into the Middle East to enhance its global presence [20] Question: Navigating geopolitical tensions with AI infrastructure - VGalant offers a flexible AI infrastructure that minimizes dependency on single supply chains, ensuring resilience amid geopolitical challenges [21][22] Question: Competitive landscape in cybersecurity - VCI Global's CyberSecure solution provides unique features such as automated backup and military-grade encryption, enhancing its competitive edge [24][25]

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].

Core Insights - VCI Global Limited has secured three significant contracts worth a total of US$33 million for the deployment of advanced AI infrastructure solutions, aimed at enhancing clients' computing capabilities with a combined processing capacity of 6 trillion parameters within the next 12 months [1][2][6] Group 1: Project Details - The three projects will be completed within 12 months and involve the procurement of necessary hardware and refinement of proprietary software to ensure seamless integration with clients' existing systems [2][3] - The deployment will include AI-optimized servers with Intel processors and NVIDIA GPUs to manage complex AI workloads efficiently [3][4] Group 2: Software and Security Enhancements - Intelligent software solutions will optimize resource management, virtualization, and interoperability with existing IT environments, while AI model tuning and GPU optimization will enhance training speed and inference performance [4][5] - Robust cybersecurity measures, data protection protocols, and compliance frameworks will be implemented to safeguard AI operations, along with 24/7 monitoring and technical support [5][6] Group 3: Strategic Positioning - By integrating advanced hardware, software, and support services, VCI Global positions itself as a key enabler of AI-driven digital transformation, empowering businesses to scale their AI capabilities confidently [6][7] - The increasing demand for AI-powered solutions highlights the company's commitment to providing robust and scalable infrastructure to help organizations unlock AI's full potential [7][8]

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 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 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]