Company Overview - VCI Global Limited is a diversified global holding company focusing on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy [6] - The company has a strong presence in Asia, Europe, and the United States, committed to driving technological innovation and sustainable growth across multiple industries [6] Leadership Appointment - Mr. Alex S K Chua has been appointed as Executive Director of VCI Global and CEO of the Singapore office, effective July 7, 2025 [1][2] - This appointment aims to strengthen the leadership team and accelerate the company's growth strategy in Singapore and Southeast Asia [2] Mr. Chua's Background - Mr. Chua has over 30 years of international finance and management experience, having held significant leadership roles in key global markets such as London, Beijing, Ho Chi Minh City, and Singapore [3] - He is currently an Independent Non-Executive Director on the boards of three SGX-listed companies and has founded a boutique business consulting firm, Lighthouse Business Consulting Pte. Ltd. [3] Professional Credentials - Mr. Chua holds multiple professional qualifications, including Fellow Chartered Certified Accountant (FCCA), Certified Internal Auditor (CIA), and a Master of Business Administration (MBA) [4] - He is also attending an AI and Business Technologies Programme at Nanyang Technological University, Singapore [4] Strategic Importance - The leadership change is seen as critical for driving growth and enhancing the company's footprint in Singapore and Southeast Asia [5]

Core Insights - VCI Global Limited has launched Qsecore, a groundbreaking encryption solution that provides hardware-level security for voice calls, messaging, and file storage, aimed at enterprise and government use [1][4] - Qsecore is the first Subscriber Identity Module (SIM)-layer security product, offering a zero-trust architecture independent of operating systems or third-party cloud services [2][7] - The secure mobile communications market is projected to reach approximately USD 88.8 billion by 2032, growing at a CAGR of 19.8% from 2022 to 2032, driven by digitalization and data privacy concerns [2] Product Details - Qsecore will begin commercial rollout in August 2025, focusing on enterprise and strategic market deployments, with multi-user licenses and sector-specific secure deployments [3] - The Qsecore app includes functionalities for secure calls, chat, media sharing, and file vault, ensuring that all communications and stored files are encrypted at the SIM layer [7] - Qsecore is compatible with existing SIM cards and works on most iOS and Android smartphones without requiring hardware modifications [7] About QuantGold Data Platform - QuantGold is a sovereign-grade encrypted AI compute platform that allows institutions to analyze sensitive data without exposing it, built on over 120 encryption patents [5] - The platform supports compliant, privacy-preserving AI computation and operates across key sectors including healthcare, finance, and public administration [5] Company Overview - VCI Global is a diversified global 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]

Core Insights - VCI Global Limited has launched Qsecore, a military-grade encryption solution for mobile users, marking a significant advancement in mobile security for enterprise and government applications [1][4] - The secure mobile communications market is projected to reach approximately USD 88.8 billion by 2032, growing at a CAGR of 19.8% from 2022 to 2032, driven by digitalization and increasing data privacy concerns [2] Company Overview - VCI Global is a diversified global 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 [7] - The company aims to drive technological innovation and sustainable growth across multiple industries [7] Product Details - Qsecore is a chip-integrated encryption solution that operates independently of phone operating systems or third-party cloud providers, providing a zero-trust architecture on the telecom layer [2][6] - The product includes secure call, chat, media sharing, and file vault functionalities, ensuring that all communications and stored files are encrypted at the SIM layer [6] Market Deployment - Following successful testing, Qsecore will begin commercial rollout in August 2025, starting with enterprise and strategic market deployments [3] - The launch will support multi-user enterprise licenses and sector-specific secure deployments, with future integration into QuantGold's broader encryption and AI security suite [3] Technology and Innovation - QuantGold Data Platform, which underpins Qsecore, is a sovereign-grade encrypted AI compute platform that allows institutions to extract insights from sensitive data while maintaining privacy [5] - Built on over 120 encryption patents, QuantGold combines hardware-based security, GPU-accelerated infrastructure, and blockchain auditability [5]

Core Insights - ALgoBiZZ Berhad is planning a Nasdaq public listing with the advisory support of V Capital Consulting Group Limited, targeting completion in 2026 [1][3] - ALgoBiZZ is recognized as a Malaysia Digital (MD) Status company and is the only cloud tax platform endorsed by the Inland Revenue Board of Malaysia, significantly transforming the tax services industry [2][8] - The company has facilitated over 500,000 e-Filing submissions and enabled over 1000 tax professionals to digitize their workflows, enhancing efficiency and compliance [2] Company Overview - ALgoBiZZ specializes in cloud-based tax solutions for the accounting and taxation industry, offering an integrated platform that connects Tax, Secretarial, Accounting, and Audit functions [8] - The company has over 17 years of experience and is recognized as an SME100 Fast Moving Company, actively expanding into Southeast Asia, including Indonesia, Singapore, Vietnam, and China [2][8] IPO Advisory Services - V Capital Consulting Group will provide comprehensive IPO consultancy services, including equity structuring, capital market strategy, and coordination with external professionals [4] - The engagement highlights VCCG's position as a leading IPO advisor in Southeast Asia, helping tech companies access U.S. capital markets [5][6] Strategic Importance - The decision to pursue a public listing is seen as a significant growth phase for ALgoBiZZ, with confidence in VCCG's strategic guidance [3][6] - ALgoBiZZ is positioned as a forward-thinking technology company that aligns with regulations and is reshaping Southeast Asia's digital economy [7]

Core Insights - VCI Global Limited has launched the QuantGold Data Platform, an AI infrastructure that allows computation on sensitive data without compromising ownership or privacy, targeting a market worth approximately US$400 billion [1][4][9] - The platform is designed to address the challenge that nearly 90% of institutional data remains inaccessible due to privacy and regulatory constraints, particularly in critical sectors like healthcare and finance [3][4] - QuantGold operates on a pay-per-compute model, enabling data owners to monetize sensitive data while retaining control, with deployments already in over 100 organizations [2][6][9] Company Overview - VCI Global will hold a 20% equity stake in QuantGold and integrate its existing cybersecurity, AI GPU, and data infrastructure businesses into the platform [2] - The company focuses on technological innovation across various sectors, including AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy [10] Technology and Features - QuantGold is supported by over 120 encryption patents and utilizes a zero-trust infrastructure that allows AI models to perform computations on encrypted data without accessing raw data [5][7][9] - Key features include encrypted data vaults, GPU-backed compute clusters, blockchain-verified query logs, and a secure data onboarding portal [7][8][9] - The platform aims to unlock significant unrealized value from sensitive data, potentially amounting to hundreds of billions [4]

Core Insights - VCI Global Limited targets approximately 41% year-over-year revenue growth and 30% year-over-year net profit growth for the fiscal year ending December 31, 2025, driven by expansion in technology and consulting sectors [2][4] - The company plans to carve out and list its capital market consulting arm, V Capital Consulting Group Limited, through an IPO targeted for Q3 2025, aimed at increasing visibility and unlocking shareholder value [3][5] - The financial guidance for FY2025 includes projected revenue of approximately USD 39.23 million, up from USD 27.82 million in FY2024, and net profit of approximately USD 9.88 million, up from USD 7.58 million in FY2024 [7] Financial Guidance - Revenue for FY2025 is projected at USD 39,233,096, reflecting a 41% increase from FY2024's USD 27,824,891 [7] - Net profit is expected to reach USD 9,881,076, representing a 30% increase from FY2024's USD 7,576,827 [7] - Gross profit is projected at USD 31,810,806, a 39% increase from FY2024's USD 22,876,698 [7] Strategic Initiatives - The company is focusing on high-growth initiatives, including the commercialization of an encrypted AI data platform and the launch of GPU-as-a-Service infrastructure [4] - Expansion efforts also include cross-border fintech and energy-related ventures, contributing to the overall growth strategy [4][5] - The CEO emphasized the importance of the VCCG IPO as a milestone in the corporate roadmap, aligning with the mission to scale business lines with operational independence [5]

Core Insights - VCI Global Limited is developing Project QG, a next-generation infrastructure platform aimed at enabling sovereign AI deployment and encrypted data monetization for governments and institutions [1][4] - The global AI market is projected to exceed US$1.8 trillion by 2030, driven by enterprise adoption and the growth of AI-native infrastructure [2] - The cybersecurity and data protection market is expected to reach approximately US$298.5 billion by 2028, indicating a growing demand for secure data solutions [3] Project QG Overview - Project QG integrates AI-driven hardware encryption, zero-trust computing, and blockchain validation, positioning it as a foundational layer for future AI and data sovereignty [2] - The platform is designed for institutions that require sovereign-ready infrastructure to comply with data localization laws while maintaining control over their information [4] - VCI Global is currently engaging institutional stakeholders for early proof-of-concept pilots, with a full launch planned for Q3 2025 [5] Strategic Importance - The initiative addresses the underutilization of institutional and national datasets due to regulatory risks and privacy concerns, aiming to unlock value from sensitive data without compromising its integrity [6] - The convergence of AI, cybersecurity, and sovereign data economics places VCI Global at the forefront of this emerging market [4] - The company emphasizes the importance of monetizing proprietary data and software assets as a new revenue stream for enterprises [3]

Core Insights - VCI Global Limited has amended its equity line agreement with Alumni Capital LP, emphasizing a disciplined capital strategy and commitment to long-term shareholder value [1][2][4] Capital Structure - Future equity issuances to Alumni Capital will now be priced at 102% of the lowest trading price over the preceding five trading days, an increase from the previous pricing of 85%, indicating enhanced institutional confidence [2][7] - The revised terms aim to minimize dilution for existing shareholders while allowing the company to act decisively in capital deployment [4][7] Financial Strategy - The amended capital agreement serves as a liquidity reserve, enabling VCI Global to pursue strategic acquisitions and respond to market dynamics while retaining full discretion over drawdowns [3][7] - The company has access to approximately US$112 million under the facility, which can be utilized strategically to support growth initiatives [7] Growth Focus - The changes in the capital structure align with VCI Global's aggressive expansion into sectors such as AI infrastructure, cybersecurity, and capital markets advisory, while maintaining financial flexibility [7]

Core Insights - VCI Global's fintech subsidiary, Credilab, has received conditional approval for a digital moneylending license from Malaysia's Ministry of Local Government Development, enabling the company to provide AI-driven microloans and SME financing nationwide [1][2][4] Company Overview - Credilab is focused on delivering same-day loans with near-zero non-performing loan rates, utilizing a proprietary decision-making engine that processes real-time behavioral, transactional, and alternative credit data [2][5] - The platform allows for fully automated, end-to-end digital loans, with approvals and disbursements completed in as fast as two minutes [2][3] Operational Efficiency - The license permits Credilab to operate without physical branches, facilitating nationwide scalability with minimal overhead [3] - A fully paperless onboarding process, AI-driven credit scoring, and instant KYC verification enable borrowers to access capital in real time using just a smartphone [3][5] Market Potential - Malaysia's microfinancing market is projected to reach US$11.68 billion by 2032, growing at a CAGR of 17.5% from 2024 to 2032, driven by an expanding middle class and increasing demand for accessible credit solutions [6] - Favorable fiscal policies and government support for fintech innovation are creating a conducive environment for sector growth [6][7] Strategic Positioning - Credilab is well-positioned to meet the credit needs of underserved consumers and SMEs, driving financial inclusion and enhancing economic resilience [7][8] - The digital lending license is seen as a major inflection point in VCI Global's fintech growth journey, reinforcing the commitment to building AI-first financial infrastructure [8]

Foreign Currency Risk - The Group's exposure to foreign currency risk includes RM7,123,179 in assets and RM1,416,836 in liabilities denominated in United States Dollars for 2023 [390]. - A 5% increase in the United States Dollar would result in a sensitivity impact of RM285,317 for 2023 and RM2,277,676 for 2024 [392]. Interest Rate Risk - The Group's profit would decrease by approximately RM4,947 if interest rates on loans increased by 50 basis points, with a profit impact of RM10,820 for 2023 and RM5,983 for 2022 [395]. Liquidity and Financial Liabilities - The Group's liquidity analysis shows total non-derivative financial liabilities of RM23,015,530 for 2024, with RM22,730,351 due on demand or within 1 year [406]. - The Group's non-interest bearing liabilities amounted to RM21,914,992 for 2024, compared to RM20,684,288 for 2023 [406]. - The Group's fixed interest rate liabilities for 2024 are projected to be RM885,179, with a weighted average effective interest rate of 3.5-5% [406]. Credit Risk Management - The Group's maximum exposure to credit risk is based on the carrying amount of recognized financial assets, with a focus on maintaining a credit risk grading framework [396][398]. - The Group's credit risk grading framework categorizes exposures into performing, doubtful, in default, and write-off categories to manage credit risk effectively [398]. Cash and Working Capital - The Group has sufficient cash and cash equivalents to finance its activities, ensuring it can meet working capital requirements for at least the next 12 months [402][404]. - The Group's financial assets and liabilities are considered to approximate their fair values due to short-term maturities [408].