VCI (VCIG)

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VCI Global Provides Business Update and Outlines Market Dominance Strategy for 2025 Expansion
Globenewswire· 2025-03-13 12:20
Core Viewpoint - VCI Global Limited is implementing a strategic expansion plan to enhance its market presence in Asia and the Middle East, aiming for industry leadership through a multi-phase roadmap by 2025 and beyond [1]. Group 1: IPO Advisory Business - VCI Global is expanding its IPO advisory services beyond Malaysia, targeting Greater China, Singapore, Indonesia, South Korea, and Dubai to meet increasing market demand [2]. - The company plans to open new offices in Hong Kong, Singapore, and Indonesia in April 2025 as part of its expansion strategy [2]. Group 2: Cybersecurity and AI Initiatives - VCI Global has secured exclusive rights to offer the military-grade data security solution, CyberSecure, which features real-time threat detection, virus defense, data encryption, and multi-channel backup, with an online launch scheduled for March 19, 2025 [3]. - The company will launch its AI Integrated Server on March 27, 2025, and the AI Cloud Platform on April 18, 2025, targeting enterprise privacy concerns and multinational corporations [4]. Group 3: Infrastructure and Renewable Energy Developments - VCI Global is entering the semiconductor industry through a partnership to establish India's first semiconductor wire manufacturing plant, expected to generate up to US$50 million in revenue with a return on investment within 12 months [6]. - The company is also conducting due diligence for acquiring a 1.14-megawatt solar farm in North Macedonia, which is expected to provide stable revenue through a Power Purchase Agreement and generate income from carbon credits, with an estimated payback period of approximately 9 years [7]. Group 4: Strategic Vision - The company emphasizes that its strategies focus on market dominance rather than mere entry, leveraging its leadership in IPO advisory, cybersecurity, and AI to build an integrated ecosystem for sustained growth [8].
VCI Global Launches Enterprise AI Solutions Built on DeepSeek's Open-Source LLMS
Newsfilter· 2025-03-10 19:40
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]
VCI Global Launches Enterprise AI Solutions Built on DeepSeek’s Open-Source LLMS
Globenewswire· 2025-03-10 19:40
Core Insights - VCI Global Limited is launching an AI Integrated Server on March 27 and an AI Cloud Platform on April 18, aimed at simplifying AI adoption for businesses by eliminating the need for costly GPUs and specialized expertise [1][2][5] - The platforms will feature pre-integrated models for various applications, including customer service and data analytics, with built-in security and compliance features [2] - 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 approximately US$352.28 billion by 2034 [3][4] Company Overview - VCI Global is a diversified holding company focused on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, with a strong presence in Asia, Europe, and the United States [6] - The company aims to drive technological innovation and sustainable growth across multiple industries [6] Market Trends - There is an increasing demand for accessible and cost-effective AI solutions, highlighting the need for scalable AI infrastructure [3][4] - VCI Global's solutions are designed to empower enterprises to adopt AI seamlessly, enhancing operations and reducing infrastructure costs [4]
VCI Global Completes Sagtec Global Limited’s Nasdaq IPO, Earning US$5.7 Million in Advisory Revenue
Globenewswire· 2025-03-07 16:22
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]
VCI Global and Kinesis Manufacturing Solutions Announce India's First Semiconductor Wire Plant to Supply Industry Giants in a Rapidly Expanding US$105 Billion Market
Newsfilter· 2025-02-27 12:33
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].
VCI Global and Kinesis Manufacturing Solutions Announce India’s First Semiconductor Wire Plant to Supply Industry Giants in a Rapidly Expanding US$105 Billion Market
Globenewswire· 2025-02-27 12:33
Core Insights - VCI Global Limited is establishing India's first semiconductor wire manufacturing plant in partnership with Kinesis Manufacturing Solutions, supporting India's self-sufficiency in semiconductor manufacturing [1][2][3] Company Overview - VCI Global will hold a 51% stake in the joint venture, while Kinesis will own 49% [4] - The plant will be located in Chennai, covering 25,000 square feet, with an initial investment of US$3.5 million [2] - Operations are expected to begin in Q3 2025, with plans to reach mass production and generate up to US$50 million in revenue within the same quarter [2] Industry Context - 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 [3] - The initiative aligns with the Indian government's efforts to localize the semiconductor supply chain and reduce reliance on imports [3] Strategic Goals - The establishment of the semiconductor wire plant aims to secure a high-margin revenue stream and position VCI Global as a leading supplier in India [5] - The venture is expected to expand to four production lines, targeting annual revenue of approximately US$200 million [2] Leadership and Expertise - The initiative will be led by Mr. Loh Beng Siew, who has a strong background in semiconductor manufacturing projects [4] - Kinesis has a proven track record in optimizing semiconductor factories and supply chains, enhancing the venture's potential for success [7]
VCI Global CEO Announces US$13.3 Million Share Purchase Plan at a Premium, Reinforcing Confidence in Future Growth of the Company
Globenewswire· 2025-02-18 13:49
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]
VCI Global Secures US$12 Million Contract With Datanex for AI-Powered Digital Marketing Solutions Through VC AI Limited
Globenewswire· 2025-02-12 14:09
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 ...
VCI Global Announces Development of Groundbreaking AI Aggregator Platform Integrating DeepSeek, ChatGPT, and Leading AI Agents
Globenewswire· 2025-02-05 14:39
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 ...
VCI Global Moves to Acquire Award-Winning Digital Marketing Firm in Singapore
Globenewswire· 2025-01-23 14:59
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 ...