VCI (US:VCIG) Globenewswire·2025-03-13 12:20Core 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].