Associated tags: VCI, European Conservatives and Reformists Group Executive
Locations: MALACCA, TAIWAN, THAILAND, KAZAKHSTAN, INDIA, RUSSIA, AR, KUALA LUMPUR, MY, MIDDLE EAST, SAUDI ARABIA, MALAYSIA
Advertising,
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Marketing,
Data collection,
VCI,
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Acquisition,
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Speedo KUALA LUMPUR, Malaysia, Aug. 21, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced it has been appointed as an independent, exclusive licensee of AdScale Ltd’s (“AdScale”) selected products with the objective of promoting these products in an exclusive assigned territory, pursuant to a partnership and licensing agreement between the Company and AdScale.
Key Points:
- KUALA LUMPUR, Malaysia, Aug. 21, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced it has been appointed as an independent, exclusive licensee of AdScale Ltd’s (“AdScale”) selected products with the objective of promoting these products in an exclusive assigned territory, pursuant to a partnership and licensing agreement between the Company and AdScale.
- The said territory involves 9 regions, namely, Hong Kong, Indonesia, Malaysia, The Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.
- This latest venture seamlessly forms part of VCI Global’s continuous dynamic approach to build up its Artificial Intelligence (“AI”) portfolio of products and services to serve these regions.
- With a combined population of 800 million in these 9 regions, this partnership with AdScale will generate significant earnings for VCI Global from as early as 2024.
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Wednesday, August 2, 2023
Exercise,
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Nestlé,
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Petronas,
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Artificial intelligence,
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MMI,
Cryptocurrency,
Financial services KUALA LUMPUR, Malaysia, Aug. 02, 2023 (GLOBE NEWSWIRE) -- GlobeNewswire – VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that its wholly owned subsidiary, V Capital Consulting Limited (“VCCL”) has been appointed as an initial public offering (“IPO”) consultant by Mojo Meta International Sdn Bhd (“MMI”).
Key Points:
- KUALA LUMPUR, Malaysia, Aug. 02, 2023 (GLOBE NEWSWIRE) -- GlobeNewswire – VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that its wholly owned subsidiary, V Capital Consulting Limited (“VCCL”) has been appointed as an initial public offering (“IPO”) consultant by Mojo Meta International Sdn Bhd (“MMI”).
- MMI is a one-stop solutions provider that is able to meet all media and advertising related needs in this dynamic digital era.
- Global social media digital advertising spending has been projected to grow to the region of USD350 billion per annum by 2026.
- “We are thrilled to announce our partnership with VCI Global as our IPO consultant for the proposed NASDAQ listing.
50/50 (2011 film),
Maintenance,
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Travel,
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European Conservatives and Reformists Group Executive,
Artificial intelligence,
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TGL,
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Cryptocurrency,
Tourism VCI Global has selected TGL to develop the AI-powered platform to function as a high-tech portable concierge App, utilizing the latest advanced technologies to provide relevant travel recommendations in real time.
Key Points:
- VCI Global has selected TGL to develop the AI-powered platform to function as a high-tech portable concierge App, utilizing the latest advanced technologies to provide relevant travel recommendations in real time.
- As part of the agreement, VCI Global will pay a service fee to TGL worth USD$1 million.
- “We believe that global tourism has returned to its pre-pandemic levels, and we are well-placed to capitalize on the post-pandemic 'revenge travel' phenomenon through our collaboration with VCI Global.
- Our AI-powered travel platform will be a catalyst for growth, unlocking tremendous opportunities in the online travel sector.
50/50 (2011 film),
Partnership,
Travel,
Research,
European Conservatives and Reformists Group Executive,
Temasek,
Artificial intelligence,
Knowledge,
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Bain & Company,
TGL,
AI,
Tourism The platform is designed to break down language barriers as well by providing built-in translation function.
Key Points:
- The platform is designed to break down language barriers as well by providing built-in translation function.
- TGL and VCI Global have agreed to share profits generated from this collaboration on a 50:50 basis.
- A research conducted by Google, Temasek, and Bain & Company revealed that the value of Southeast Asia’s digital economy can reach USD1 trillion by 2030.
- I am very confident that this AI-powered travel platform will act as a growth catalyst for Malaysia’s tourism industry.
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Cogia KUALA LUMPUR, Malaysia, June 26, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that it has proposed to acquire a 51% stake in Cogia GmbH from Cogia AG for a purchase consideration of USD5 million.
Key Points:
- KUALA LUMPUR, Malaysia, June 26, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that it has proposed to acquire a 51% stake in Cogia GmbH from Cogia AG for a purchase consideration of USD5 million.
- The purchase consideration will be settled by way of issuance of new VCI Global ordinary shares to Cogia AG.
- Cogia GmbH is wholly owned by Cogia AG, a company listed on Dusseldorf Stock Exchange.
- "Excited to amplify our partnership with VCI Global through this strategic 51% acquisition, harnessing their financial expertise and core customer connections to fuel our global growth, with a sharp focus on dominating the Asian market," said Pascal Lauria, Founder and Chief Executive Officer of Cogia GmbH.
KUALA LUMPUR, Malaysia, June 20, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced it has been appointed by Cogia GmbH as the latter’s distributor for the promotion and sale of its communication application known as “Socializer Messenger”.
Key Points:
- KUALA LUMPUR, Malaysia, June 20, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced it has been appointed by Cogia GmbH as the latter’s distributor for the promotion and sale of its communication application known as “Socializer Messenger”.
- “Socializer Messenger” is owned and controlled by Cogia GmbH, a software company based in Germany, with extensive experience in software development, in AI, text mining, web monitoring and cyber security.
- Once formalised, this distributorship is for a period of two years and will automatically be renewed for an additional year.
- This (distributorship) will open up yet another revenue stream for us which will undoubtedly increase VCI Global’s value,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
Partnership,
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European Conservatives and Reformists Group Executive,
Machine learning,
Big data,
Artificial intelligence,
Growth,
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Emerging technologies,
Automation,
Retail This partnership envisages VCI Global providing AI and big data consulting services to its clients.
Key Points:
- This partnership envisages VCI Global providing AI and big data consulting services to its clients.
- With a primary focus on Southeast Asia, while keeping opportunities open worldwide, VCI Global has selected Fusionex as its technology partner.
- With its expertise in analytics, Big Data, machine learning, and AI, the multi-award-winning data technology market leader, Fusionex, empowers its clients in managing invaluable insights from the vast amounts of data available.
- The partnership with VCI Global serves as an impetus to augment their offerings with our technology solutions and expertise,” said Jacob Isaac, Managing Director (New Technologies) of Fusionex.
KUALA LUMPUR, Malaysia, June 13, 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 Sagtec Group Sdn Bhd’s (“SAGTEC”) initial public offering (“IPO”) consultant.
Key Points:
- KUALA LUMPUR, Malaysia, June 13, 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 Sagtec Group Sdn Bhd’s (“SAGTEC”) initial public offering (“IPO”) consultant.
- This IPO advisory mandate entails a USD2 million advisory fee and a success fee of 5% of the market capitalisation of SAGTEC when listed.
- VCCL’s consultancy expertise was further sought as SAGTEC also appointed VCCL as its business expansion consultant in connection with SAGTEC’s plans to expand its business into the Southeast Asia region.
- We are more than happy to provide our expertise to ensure the successful listing of SAGTEC on NASDAQ,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
KUALA LUMPUR, Malaysia, June 06, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has declared a first single tier interim dividend of USD0.01 per ordinary share.
Key Points:
- KUALA LUMPUR, Malaysia, June 06, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has declared a first single tier interim dividend of USD0.01 per ordinary share.
- VCI Global also announced a change in its dividend policy where dividend will be paid on a regular basis at the end of each financial year.
- “High growth companies, like VCI (Global), have generally not been known to be dividend paymasters.
- The shareholders might well understand the need to preserve funds for expansions, their sacrifices nonetheless need to be remunerated,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
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.
