Streetbeat News

VCIG

VCI Global Limited

Industry

Consulting Services

VCI Global Limited provides consulting services in Malaysia, China, Singapore, and the United States. It offers business strategy consultancy, including listing solutions, corporate finance, legal, investors relations, and boardroom strategies consultancy. The company also technology consultancy, including software solutions that comprise artificial intelligence, analytics, and robotics, as well as a range of blockchain technology solutions. It delivers its services to small-medium enterprises and government-linked agencies, as well as to publicly traded conglomerates across various industries. The company was founded in 2013 and is based in Kuala Lumpur, Malaysia.

Open

1.66

Mkt cap

6.5M

Volume

170K

High

1.73

P/E Ratio

0.19

52-wk high

179.83

Low

1.56

Div yield

N/A

52-wk low

1.38

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Portfolio Pulse from Benzinga Insights

October 09, 2024 | 12:07 pm

Levi Strauss shares dropped over 10% in pre-market trading after reporting better-than-expected earnings but missing sales estimates for Q3. The company provided a fiscal year 2024 earnings forecast slightly below analyst expectations. Several other stocks experienced significant pre-market movements.

Portfolio Pulse from Avi Kapoor

October 03, 2024 | 9:24 am

The article reports on the after-market movements of various industrial stocks on Wednesday. Notable gainers include Graphex Gr (GRFX), Lucas GC (LGCL), and VCI Global (VCIG), while significant losers include Nixxy (NIXX), Professional Diversity (IPDN), and XCHG (XCH).

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 8:31 pm

The article reports on the intraday stock movements of various industrial companies. Joby Aviation, Nikola, and WANG & LEE Group are among the top gainers, while New Horizon Aircraft and VCI Global are notable losers.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 4:31 pm

Shares of JD.com and other US-listed Chinese stocks rose in pre-market trading due to recent stimulus measures and China National Day celebrations. JD.com shares increased by 10.6%. Other notable gainers include Agora, MMTec, and Fangdd Network Group. Meanwhile, AgEagle Aerial Systems and Akoustis Technologies were among the pre-market losers.

Portfolio Pulse from Avi Kapoor

October 02, 2024 | 10:59 am

VCI Global has secured a $30 million investment commitment from Alumni Capital, following a previous $5 million investment. This funding will support VCI Global's AI cloud computing business, with developments planned for Q2 2025. The company has the flexibility to draw on the funds as needed.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 9:10 pm

VCI Global Limited (NASDAQ:VCIG) has terminated its At-The-Market equity offering program with H.C. Wainwright & Co., LLC, which generated $1.77 million in gross proceeds. The company aims to explore more favorable financing options for long-term growth.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:40 pm

Several industrial stocks experienced significant price movements in Friday's pre-market session. Expion360, Addentax Group, and Singularity Future Tech were among the top gainers, while Volato Group, Momentus, and Nikola saw notable declines.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 12:09 pm

VCI Global shares are experiencing a decline following updates on its AI business and plans for a strategic reorganization.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:08 pm

VCI Global Limited (NASDAQ:VCIG) has successfully concluded a capital-raising round for its AI business and plans to initiate a share repurchase program in Q1 2025. The company is reorganizing its AI operations into four segments, including GPU servers and cloud computing, AI solutions, and cybersecurity.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:02 pm

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