To The Moon

This Acquisition Strengthens VCI Global’s Digital Marketing Capabilities While Enhancing the Company’s Presence in the Singapore Market KUALA LUMPUR, Malaysia, January 23, 2025 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$ ) (“VCI Global,” or the “Company”), today announced that it is advancing the acquisition of Roots Digital Pte. Ltd. (“Roots Digital”), a digital marketing firm, marking its entry into Singapore. The acquisition, valued at approximately US$2.2 million (or approximately SG$3 million), reflects a price-to-earnings (P/E) ratio of nearly 3.5. This acquisition is driven by Roots Digital’s strong financial performance, having achieved over US$3 million in revenue and nearly US$0.9 million in profit in 2024, with an impressive 84%

Funding to Accelerate Strategic Growth, Drive Innovation, and Strengthen Financial Flexibility for Long-Term Shareholder Value. KUALA LUMPUR, Malaysia, January 21, 2025 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$ ) (“VCI Global,” or the “Company”), today announced it has secured an additional US$100 million investment commitment from Alumni Capital LP (“Alumni Capital”). This commitment builds on an earlier US$30 million equity line agreement in 2024, reflecting confidence in VCI Global’s strategic direction and growth potential. VCIG retains the right, but not the obligation, to draw on this investment. The US$100 million investment commitment will enable the Company to strengthen its AI business and advance renewable energy (RE) initiati

KUALA LUMPUR, Malaysia, January 15, 2025 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$) (“VCI Global,” or the “Company”), is proud to announce its exclusive distributorship of Secure Encryption Storage Limited (“SES”) for Data Security Solutions (“SES Solutions”) in Malaysia. Powered by AI, SES Solutions provide advanced features such as real-time threat detection, virus defense, data encryption, and multi-channel backup. Trusted by over 300 clients, including Fortune 500 companies and government agencies, SES is a leading choice for safeguarding enterprise data and combating cyber threats. According to Check Point Research, the urgency of addressing cybersecurity risks is highlighted by a 30% year-over-year increase in global cyberattacks, w

KUALA LUMPUR, Malaysia, January 7, 2025 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$) (“VCI Global,” or the “Company”), today announced the carve-out of its wholly owned subsidiary, V Capital Consulting Group Limited (“VCCG”), for listing on the Nasdaq Capital Market. VCIG will retain majority control of VCCG. This strategic initiative aims to enable both companies to focus on their core competencies, better serve their respective markets, and enhance growth potential and value creation for shareholders. The carve-out has been executed pursuant to the Stock Sale and Business Separation Agreement entered into on December 30, 2024, through the sale of VCI Global’s subsidiaries V Capital Consulting Limited and V Capital Advisory Sdn. Bhd. to VC

KUALA LUMPUR, Malaysia, December 30, 2024 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$) (“VCI Global,” or the “Company”), today announced that its investment holding arm for artificial intelligence (AI) portfolios, VC AI Limited (“VC.AI”) has invested in Marvis Inc., a Delaware corporation (“Marvis”), an innovative AI startup company, pioneering advanced digital clone AI technology. This investment was made through a Simple Agreement for Future Equity (SAFE), which provided VC.AI to receive Marvis’ equity in the next financing round. The current seed funding round is capped at a valuation of US$30 million. This investment reinforces VCI Global’s commitment to expanding its AI portfolio and fostering innovation in emerging technologies. Marvi

KUALA LUMPUR, Malaysia, December 19, 2024 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$) (“VCI Global” or the “Company”), has signed a term sheet to acquire a solar farm with an estimated capacity of 1.14 megawatts (MW), located in Novo Selo, North Macedonia. The acquisition is valued at approximately US$1.26 million (or approximately €1.2 million) and is subject to due diligence and the signing of a definitive agreement. The bifacial solar farm, equipped with Huawei Technology inverters, achieves a high system performance ratio of over 90%, meaning it operates at more than 90% of its theoretical maximum output despite external factors. These inverters efficiently convert the direct current (DC) electricity generated by the solar panels into

KUALA LUMPUR, Malaysia, December 13, 2024 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$ ) (“VCI Global” or the “Company”), is setting a target to develop and acquire up to 100 megawatts (MW) of solar photovoltaic (PV) projects across Southeast Asia (SEA) and Europe within the next five years. This expansion is expected to generate approximately US$200 million in revenue over the next 20 years and significantly contribute to VCI Global’s long-term growth. As part of this initiative, VCI Global plans to source at least 70% of the 100 MW from projects in Malaysia, leveraging key government programs such as the Corporate Renewable Energy Supply Scheme (CRESS). CRESS allows businesses to directly purchase green electricity from renewable energy de

KUALA LUMPUR, Malaysia, November 27, 2024 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$) (“VCI Global” or the “Company”), through its subsidiary, V-Gallant Sdn. Bhd. (“V-Gallant”), is pleased to announce that it has received a conditional Letter of Award valued at approximately US$24 million from Hexatoff Group Sdn. Bhd. (“Hexatoff Group”) for its proposed data center project in Enstek City, Malaysia. Under the agreement, V-Gallant has been selected to supply cutting-edge AI hardware and software solutions, including an AI computing system featuring 640 units of NVIDIA H200 Tensor Core GPUs. This deployment will support the first phase of Hexatoff Group’s data center development. Hexatoff Group, a turnkey solutions provider specializing in i

KUALA LUMPUR, Malaysia, November 26, 2024 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$)(“VCI Global” or the “Company”), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, today announced that it has received written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) for continued listing. To regain compliance with the Rule, the Company’s stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved during the period between November 6, 2024,

KUALA LUMPUR, Malaysia, October 29, 2024 – VCI Global Limited (NASDAQ: $VCI Global Ltd.(VCIG)$) (Frankfurt: H0T) (“VCI Global” or the “Company”) is pleased to announce that its subsidiary, V Gallant Sdn Bhd (“V-Gallant”), has been awarded a groundbreaking US$16 million contract to develop an advanced AI digital human-enabled live streaming platform for a Malaysian e-commerce player. This innovative live-streaming platform integrates a comprehensive development strategy that leverages AI servers powered by NVIDIA H200 Tensor Core GPUs and V-Gallant’s AI software. Engineered to deliver high-quality live streaming enhanced by AI digital human solutions, it provides interactive experiences aligned with industry standards and optimized UX. These solutions