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VCI Global Announces $5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2025-10-31 08:30
Core Points - VCI Global Limited has entered into a definitive agreement for the issuance and sale of 2,777,778 ordinary shares at an offering price of $1.80 per share, expected to close on or about October 31, 2025 [1][2] - The gross proceeds from the offering are anticipated to be approximately $5,000,000, which will be used for working capital and general corporate purposes [2] Company Overview - VCI Global Limited is a provider of business and technology consulting services, focusing on developing platforms in artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions [4][5] - The company aims to integrate technology innovation with financial ecosystems to help enterprises, governments, and institutions capitalize on opportunities in the digital economy [5]
VCI Global to Announce First Half 2025 Financial Results on October 6, 2025
Globenewswire· 2025-10-01 19:30
Core Viewpoint - VCI Global Limited will release its financial results for the first half of 2025 on October 6, 2025, and will host an earnings call to discuss performance and strategic initiatives [1][3]. Financial Results Announcement - The financial results for the six months ended June 30, 2025, will be announced before U.S. markets open on October 6, 2025 [1]. - An earnings call is scheduled for 8:30 a.m. Eastern Time on the same day to discuss the financial performance and outlook [1]. Company Strategy and Focus - VCI Global is a cross-sector platform builder focusing on technology and financial architecture [3]. - The company aims to develop and scale platforms in areas such as artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions [3][4]. - By integrating technology with financial ecosystems, VCI Global seeks to enable various entities to capitalize on opportunities in the digital economy [4]. Leadership Statement - Dato' Victor Hoo, Group Executive Chairman and CEO, expressed optimism about the company's progress and looks forward to providing clarity on the outlook for the remainder of 2025 [3].