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VCI Global's Fintech Arm Credilab Achieves US$35 Million Loan Book with 53% Revenue Growth; Secures Conditional Approval for Full Online Lending License
GlobeNewswire News Room· 2025-09-04 19:30
Core Insights - VCI Global Limited's fintech subsidiary, Credilab, is emerging as a leader in Southeast Asia's digital financing landscape, achieving significant milestones [1][6] - Credilab expanded its loan book to US$35 million, reflecting a 53% year-over-year revenue growth, driven by strong demand from underserved SMEs [2][6] - The company has maintained non-performing loans (NPL) below 3%, showcasing the effectiveness of its AI-driven credit risk engine [2][4] Company Developments - Credilab received conditional approval for a full online lending license from the Malaysian Ministry of Housing and Local Government, facilitating nationwide access to financing [3][6] - The platform's technology integrates AI for credit assessment and risk management, enabling rapid loan disbursements while ensuring asset quality [4][6] - Credilab aims to address Malaysia's SME financing gap of approximately US$64 billion, with MSMEs constituting 96.1% of all business establishments in the country [5] Future Outlook - Credilab is positioned to scale significantly, potentially evolving into a unicorn in the fintech space due to its strong execution and technology [6] - The platform focuses on financial inclusion by providing accessible micro-financing solutions to underserved individuals, enhancing credit access through advanced technology [8]
VCI Global's CyberSecure Cloud Goes Live in Malaysia, Setting New Standard for Encrypted Data Protection
GlobeNewswire News Room· 2025-08-29 19:30
Core Insights - VCI Global Limited has launched its CyberSecure Cloud service in Malaysia, providing military-grade encrypted data protection for enterprises and government organizations [1][5] - The Malaysian cybersecurity market is valued at approximately US$500 million in 2025 and is projected to reach US$700 million by 2030, while the ASEAN cybersecurity market is expected to grow from US$5.5 billion in 2025 to US$12.2 billion by 2030 [2] - The company plans to expand CyberSecure Cloud into Singapore, Hong Kong, Dubai, and Indonesia as part of its phased rollout strategy [4] Company Overview - VCI Global is a cross-sector platform builder that integrates deep technology with financial architecture to enable sovereign-ready digital ecosystems [5][6] - The company aims to empower governments, enterprises, and institutions in Southeast Asia to scale securely and independently [6] Product Features - CyberSecure Cloud combines EAL4-certified hardware-level encryption with various enterprise cybersecurity features, including automated backup and recovery, integrated firewall gateway, and scalable storage plans ranging from 3TB to 50TB [2][8] - The service will include a dedicated customer portal for enterprises to manage their encrypted storage needs online, set to launch by the end of September 2025 [3]
VCI Global to Present Sovereign Data Infrastructure at ASEAN AI Summit 2025
GlobeNewswire News Room· 2025-07-30 19:30
Core Insights - VCI Global Limited will present its Sovereign Data Infrastructure at the ASEAN AI Summit 2025, highlighting its role in enabling secure digital ecosystems for governments [1][5] - The company's Chief AI Security Officer, Jane Teh, will discuss the importance of quantum-resistant infrastructure for national data resilience during her keynote address [2][3] Company Overview - VCI Global is a cross-sector platform builder that integrates deep technology with financial architecture, focusing on sovereign-ready digital ecosystems [10][11] - The company operates through subsidiaries such as V Gallant Sdn Bhd and QuantGold Data Platform, providing a comprehensive ecosystem of hardware and software solutions [4][9] Sovereign Data Infrastructure - The Sovereign Data Infrastructure is designed to empower governments with secure, encrypted mobile layers and national-scale AI ecosystems [3][4] - It aims to support national AI data center deployment across Southeast Asia, ensuring compliance, trust, and control over data [4][6] Key Technologies - QuantGold is a sovereign-grade encrypted data platform that enables secure data monetization while maintaining data sovereignty [7][8] - V Gallant provides advanced AI infrastructure and cybersecurity solutions, including high-performance GPU hardware and encrypted AI compute servers [9][10] ASEAN AI Summit Participation - The ASEAN AI Summit is expected to host over 5,000 participants, including policymakers and global technology companies, providing VCI Global a platform to engage with key stakeholders [5][6]
VCI Global to Acquire Licensed Fund Manager in Malaysia's Labuan Jurisdiction to Launch Regulated Bitcoin Fund
GlobeNewswire News Room· 2025-07-16 11:48
Core Insights - VCI Global Limited has entered into a definitive agreement to acquire V Capital Fund Management Limited, a licensed fund management company, at a nominal consideration, with the acquisition expected to close in Q3 2025, pending regulatory approvals [1][2] Group 1: Acquisition Details - The acquisition provides VCI Global with immediate access to a regulated asset management framework in Labuan, Malaysia, known for its efficient licensing and tax incentives [2] - VCI Global plans to leverage the acquired license to launch the VCIG Bitcoin Fund, aimed at providing qualified investors with institutional-grade exposure to Bitcoin [3] Group 2: Market Context - The global cryptocurrency market has surpassed approximately US$2.6 trillion in total market capitalization, with Bitcoin accounting for around US$1.2 trillion [4] - Many investors in Asia are underexposed to digital assets due to regulatory hurdles, and VCI Global aims to bridge this gap by offering a secure and transparent investment vehicle for Bitcoin [4] Group 3: Strategic Goals - The acquisition enables VCI Global to operate a fully licensed digital asset fund under a respected offshore regime, positioning Bitcoin as a strategic reserve asset for institutional investors [5]
QuantGold Launches Qsecore: World's First SIM-Layer Encryption Platform for Mobile Security
GlobeNewswire News Room· 2025-07-02 11:30
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]
VCI Global Confirms No Material Impact from U.S. Tariffs, Stays Resilient, and Reaffirms Strong Outlook Amid Global Shifts
Newsfilter· 2025-04-07 12:00
Core Insights - VCI Global Limited has no material exposure to the newly imposed U.S. tariffs and maintains a stable outlook while strengthening its dual-track strategy [1][2] - The company serves as a bridge for U.S. businesses and investors to access high-growth regions in Southeast Asia, leveraging its strategic location in Malaysia and Nasdaq listing [2][3] - VCI Global has a proven track record in advising Southeast Asian companies on successful Nasdaq listings, providing comprehensive support including market entry planning and post-listing advisory [3][4] - The company is accelerating the growth of its fintech, AI-as-a-service, and cybersecurity platforms, which are in high demand as organizations modernize their operations [4][5] - VCI Global's diversified strategy allows it to remain resilient amid global shifts, with a focus on supporting Southeast Asian companies in accessing U.S. capital markets while expanding technology offerings [5]
VCI Global Announces 1-for-20 Reverse Stock Split
Newsfilter· 2025-04-01 15:30
Group 1 - VCI Global Limited has announced a 1-for-20 reverse stock split of its common stock, effective April 3, 2025, to increase the market price per share and regain compliance with Nasdaq listing requirements [1][2]. - The reverse stock split will reduce the number of shares outstanding from approximately 54.5 million to about 2.8 million, with no fractional shares issued [3]. - Vstock Transfer, LLC will act as the exchange agent for the reverse stock split, providing instructions for stockholders on exchanging their physical stock certificates for split-adjusted shares [4]. Group 2 - VCI Global is a diversified holding company focused on sectors such as AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, with a strong presence in Asia, Europe, and the United States [5].
VCI Global Unveils DeepAI via V Gallant: Enterprise-Grade AI Without the Heavy Price Tag or Technical Bottlenecks
Newsfilter· 2025-03-27 16:00
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].
Treasure Global Inc. Unveils AI Cloud Infrastructure in Malaysia to Power Trillion-Parameter Models
Globenewswire· 2025-03-24 13:09
Core Insights - Treasure Global Inc. (TGL) is launching a strategic initiative to develop an advanced AI cloud infrastructure in Malaysia, capable of supporting AI models with up to one trillion parameters, making it one of the most powerful AI computing environments in Southeast Asia [1][2][3] Group 1: Strategic Initiative - The initiative marks a significant milestone in TGL's expansion into enterprise-grade AI infrastructure, facilitating the development of large language models, computer vision systems, and generative AI applications [2] - The AI cloud platform's development has begun, with phased deployment planned throughout 2025 [2] Group 2: Technological Capabilities - The platform will utilize advanced GPU clusters optimized for large-scale, multi-modal AI workloads, built on DeepSeek's technology, providing high-performance computing for training trillion-parameter models [3] - The global AI infrastructure market is projected to reach USD 60.23 billion in 2025, with a compound annual growth rate (CAGR) of 26.60% from 2025 to 2034 [4] Group 3: Market Demand and Applications - Malaysia is emerging as a regional hub for digital innovation, addressing the growing demand for scalable computing infrastructure across various sectors, including finance, healthcare, education, and logistics [4][11] - TGL's AI cloud platform aims to enhance access to high-performance AI capabilities across multiple sectors [5] Group 4: Partnerships and Agreements - TGL has secured a USD 16 million service agreement with V Gallant Sdn Bhd, redirecting a significant portion of the capital commitment towards the AI cloud platform's design and deployment [5][6] - The agreement is effective through December 2025, with both parties focused on accelerating TGL's role in Southeast Asia's AI infrastructure landscape [6] Group 5: Company Vision - The CEO of TGL emphasized the commitment to building world-class infrastructure to support the shift toward AI-native enterprises, aiming to create long-term value for customers and shareholders [7] - TGL is recognized as a key player in Malaysia's digital economy, with its flagship product, the ZCITY Super App, attracting over 2.9 million registered users as of November 2024 [8]
Treasure Global Inc. Unveils AI Cloud Infrastructure in Malaysia to Power Trillion-Parameter Models
Newsfilter· 2025-03-24 13:09
Core Insights - Treasure Global Inc. is launching a strategic initiative to develop an advanced AI cloud infrastructure in Malaysia, capable of supporting AI models with up to one trillion parameters, making it one of the most powerful AI computing environments in Southeast Asia [1][2][3] Company Developments - The AI cloud platform will enable the next generation of large language models, computer vision systems, and generative AI applications, with phased deployment planned throughout 2025 [2] - The platform will utilize cutting-edge GPU clusters optimized for large-scale, multi-modal AI workloads, built on DeepSeek's technology [3] - A service agreement worth USD16 million has been secured with V Gallant Sdn Bhd, redirecting a significant portion of the capital commitment towards the AI cloud platform's design and deployment [5][6] Industry Context - The global AI infrastructure market is projected to reach USD60.23 billion in 2025, with a compound annual growth rate (CAGR) of 26.60% from 2025 to 2034 [4] - Malaysia is emerging as a regional hub for digital innovation, addressing the growing demand for scalable computing infrastructure across various sectors, including finance, healthcare, education, and logistics [4] Strategic Vision - The initiative aims to broaden access to high-performance AI capabilities across multiple sectors, reinforcing the company's long-term vision for AI infrastructure expansion [5][7] - The company is committed to enabling the transformation towards AI-native enterprises by building world-class infrastructure, which is expected to create long-term value for customers and shareholders [7]