Associated tags: VCI, European Conservatives and Reformists Group Executive
Locations: MALACCA, TAIWAN, THAILAND, KAZAKHSTAN, INDIA, RUSSIA, KUALA LUMPUR, MY, MIDDLE EAST, SAUDI ARABIA, MALAYSIA
This is with respect to the latter’s mixed development project known as Porto De Melaka, comprising residential and commercial units on a 9.91-acre commercial land in Melaka.
Key Points:
- This is with respect to the latter’s mixed development project known as Porto De Melaka, comprising residential and commercial units on a 9.91-acre commercial land in Melaka.
- Melaka, located approximately 2 hours driving distance from the capital of Malaysia, Kuala Lumpur, attracts an average of 18 million tourist arrivals to the UNESCO Heritage Site of Melaka.
- The site also boasts a waterfront resort living style and located next to the upcoming Melaka International Yacht Club.
- The entire Porto De Melaka project, with a RM600 million (approximately USD130 million) gross development value (“GDV”), comprises one 241-room hotel, 1 block of serviced suite of 140 studio units and another 4 blocks of serviced apartments comprising 342 units.
KUALA LUMPUR, Malaysia, May 31, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has been engaged by Horizon Globex GmbH, and its affiliates, to provide advisory services on selected financial consultancy related services where the terms were formalised in a marketing and referral agreement signed between the two parties.
Key Points:
- KUALA LUMPUR, Malaysia, May 31, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has been engaged by Horizon Globex GmbH, and its affiliates, to provide advisory services on selected financial consultancy related services where the terms were formalised in a marketing and referral agreement signed between the two parties.
- VCI Global, in its appointed role, will introduce and refer entities, including non-fungible token (NFT) clients, that wish to list on Upstream.
- A fully regulated global stock exchange for digital securities and NFTs, Upstream, being a revolutionary trading app, enables one to dual list their respective shares on its platform.
- In its advisory capacity, VCI Global shall also be granted territorial exclusivity by Horizon Globex GmbH for Malaysia, Singapore, and Indonesia, for a period of six months from the date of the agreement.
KUALA LUMPUR, Malaysia, May 31, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced it will be subscribing for 500 new GlobexUS Holdings Corp (“GlobexUS”) shares at USD3,000 per share for USD1.5 million.
Key Points:
- KUALA LUMPUR, Malaysia, May 31, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced it will be subscribing for 500 new GlobexUS Holdings Corp (“GlobexUS”) shares at USD3,000 per share for USD1.5 million.
- GlobexUS is the holding company of the 50/50 joint venture technology partner of Upstream Exchange (“Upstream”), a MERJ Exchange market.
- VCI Global has already made in-roads having secured its first issuer client, which is already looking into taking part in dual-listing on Upstream.
- This partnership with Upstream will open up a new revenue stream for us which, we believe, will increase the valuation of VCI Global significantly once it gains traction,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
KUALA LUMPUR, Malaysia, May 30, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that its wholly owned subsidiary V Capital Consulting Limited (“VCCL”) has been appointed as the consultant for HWGG Entertainment Limited (“HWGG”, which stands for Ho Wah Genting Group), for the latter’s forthcoming listing on the NASDAQ stock market.
Key Points:
- KUALA LUMPUR, Malaysia, May 30, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that its wholly owned subsidiary V Capital Consulting Limited (“VCCL”) has been appointed as the consultant for HWGG Entertainment Limited (“HWGG”, which stands for Ho Wah Genting Group), for the latter’s forthcoming listing on the NASDAQ stock market.
- This advisory mandate entails a USD1.6 million advisory fee and also a success fee of 5% of HWGG’s market capitalisation upon listing.
- HWGG is one of the most established entertainment service providers throughout Southeast Asia.
- Reimagining the travel and entertainment landscape by employing the most advanced technology such as Web3.0 to enhance the power of its global reach.
Blockchain,
IPO,
Partnership,
NFT,
Bursa Malaysia,
PayPal,
HFA,
USDC,
ASX,
VCI,
USD,
NSX,
Non-fungible token,
Acquisition,
OTC,
TSX,
Digital,
NYSE,
Financial services,
Cryptocurrency,
Security (finance),
Upstream This HFA partnership works to add immense value to VCI Global’s expanding business advisory practice by offering VCI clients a streamlined path to dual list on Upstream’s next generation market and reach a digital-first investor base.
Key Points:
- This HFA partnership works to add immense value to VCI Global’s expanding business advisory practice by offering VCI clients a streamlined path to dual list on Upstream’s next generation market and reach a digital-first investor base.
- HFA comes to VCI Global with an impressive track record of success in listing companies on Upstream, which has allowed them to develop a valuable network of investors and issuers.
- This network, combined with VCI Global’s innovative consulting and advisory services, is expected to lead the Company to even greater heights.
- Commercially, if a VCI Global client that’s listed on the Bursa Malaysia Securities Berhad (“Bursa Malaysia”), or any other global stock exchange, lists on Upstream, then VCI Global will share in HFA’s sponsor advisory listing fee, and VCI Global may also share in IPO fees for its clients that raise capital on Upstream.
KUALA LUMPUR, Malaysia, May 11, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).
Key Points:
- KUALA LUMPUR, Malaysia, May 11, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).
- The planned dual listing on Upstream is designed to provide VCI Global the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD, unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in NASDAQ-listed VCI Global.
- Commenting on the application to list on Upstream Dato’ Victor Hoo, Chairman and Group Director of VCI Global, said, “Building shareholder value and increasing our liquidity is always a high priority for us as a Company.
- However, as an existing NASDAQ issuer, VCI Global may be eligible for an expedited listing process.
IPO,
Initial public offering,
DDWG,
Food safety,
Securities and Exchange Commission of Pakistan,
Comment,
Growth,
Food security,
Controlled-environment agriculture,
Financial services,
Audit KUALA LUMPUR, Malaysia, May 10, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that it has signed an Initial Public Offering (“IPO”) advisory mandate with Agroz Group Sdn Bhd (“Agroz”).
Key Points:
- KUALA LUMPUR, Malaysia, May 10, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that it has signed an Initial Public Offering (“IPO”) advisory mandate with Agroz Group Sdn Bhd (“Agroz”).
- This IPO advisory mandate entails a USD2 million advisory fees and also a success fees of 5% of the market capitalisation of Agroz when listed.
- “With this latest IPO advisory mandate win, this further exemplifies clients’ trust in our capabilities in the provision of such financial related advisory services.
- We have selected VCI Global as our IPO advisor due to their outstanding track record as well as understanding of our industry sector,” said Gerard Lim, Chief Executive Officer of Agroz.
Such strengths would be applied to explore and venture into new market opportunities in the clean energy industry to procure, manage and develop clean energy projects within the Southeast Asia region.
Key Points:
- Such strengths would be applied to explore and venture into new market opportunities in the clean energy industry to procure, manage and develop clean energy projects within the Southeast Asia region.
- Given these countries’ quest to optimise usage of clean energy to generate electricity, an alliance with FESB would be timely for VCI Global,” said Dato’ Victor Hoo, Chairman and Group Director of VCI Global.
- “We are undoubtedly honoured to be in the process of forming an alliance with VCI Global.
- Given our entrenched presence in the renewable energy space, this potential alliance augurs well for our renewable energy arm.
Multinational corporation,
Marketing,
Website,
Search engine,
Forty Thousand in Gehenna,
VCI,
US,
Acquisition,
Capital,
S P Setia,
SME,
Cryptocurrency,
Sales,
Amway It has over 20 years of experience and has served over 7,000 SMEs and MNCs clients since inception.
Key Points:
- It has over 20 years of experience and has served over 7,000 SMEs and MNCs clients since inception.
- With the huge portfolio of clients, VCI Global will be able to cross-sell our business and technology consultancy business to LOCUS-T’s existing clients and vice versa.
- This acquisition is highly synergetic to our existing consultancy business as it will also assist VCI Global’s existing clients to leverage on LOCUS-T’s digital marketing capability to grow our existing client’s business,” said Dato’ Victor Hoo, Chairman and Group Director of VCI Global.
- In addition, the acquisition will also bring about a new suite of consultancy service in the digital marketing space complementing VCI Global’s existing business and technology consultancy business alongside creating a new business segment and revenue stream for VCI Global.
KUALA LUMPUR, Malaysia, April 17, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced the closing of its initial public offering (the “Offering”) of 1,280,000 ordinary shares at a price to the public of $4.00 per share.
Key Points:
- KUALA LUMPUR, Malaysia, April 17, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced the closing of its initial public offering (the “Offering”) of 1,280,000 ordinary shares at a price to the public of $4.00 per share.
- The aggregate gross proceeds of the Offering were $5,120,000, prior to deducting underwriting discounts, commissions and Offering expenses.
- Boustead Securities, LLC and Sutter Securities, Inc. are acting as the underwriters for the Offering.
- A copy of the final prospectus relating to the Offering has been filed with the SEC and is available on the SEC's website at www.sec.gov.
