VCI Global Provides Updates on Its AI Business, Capital Raising, and Share Repurchase Program

GlobeNewswire

September 10, 2024



KUALA LUMPUR, Malaysia, Sept. 10, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global,” “VCIG,” or the “Company”) is pleased to announce its planning related to the reorganization of its AI business, capital raising, and the forthcoming share repurchase program. AI Business VCIG has initiated a strategic reorganization of its AI operations under the newly formed subsidiary, VC AI Limited. The AI business has been restructured into four pivotal business segments:

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