24/7 Market News Snapshot 03 June, 2025 – VCI Global Limited Ordinary Share (NASDAQ:VCIG)

June 3, 2025

DENVER, Colo., 03 June, 2025 (www.247marketnews.com) – (NASDAQ:VCIG) are discussed in this article.
VCI Global Limited (NASDAQ:VCIG) is experiencing notable momentum in its stock performance, with current trading reflecting a substantial increase of 17.09%, marking a rally from an opening price of $2.86 to $3.337. This surge is indicative of robust market confidence, spurred by a trading volume of 1.10 million shares, highlighting significant investor engagement and a potential for continued upward movement. Analysts suggest that the stock’s breakthrough above key resistance levels could attract further buying interest, warranting close attention to trading volume as a measure of sustaining this bullish trend.

In a landmark announcement, VCI Global has also outlined a strong financial outlook for 2025, forecasting a remarkable 41% growth in revenue and a 30% increase in net profit. This ambitious growth is attributed to the Company’s strategic focus across diverse sectors, including AI & Robotics, Fintech, Cybersecurity, and Renewable Energy. Central to this growth strategy is the planned initial public offering (IPO) of V Capital Consulting Group Limited (VCCG), VCI’s capital market consultancy division, anticipated to launch in the third quarter of 2025. This IPO aims to enhance visibility and provide crucial growth capital for VCCG, enabling an expansion of its advisory services and IPO execution capabilities.

Executive Chairman Dato’ Victor Hoo emphasized that the listing of VCCG signifies a critical step in the Company’s strategy to enhance operational independence and improve capital access for its subsidiaries. The continuous pursuit of innovation and expansion, particularly within AI and cybersecurity, positions VCI Global to achieve its corporate objectives while delivering significant value to shareholders. With focused initiatives like the commercialization of encrypted AI platforms and the launch of GPU-as-a-Service, VCI Global is set to navigate future challenges and opportunities in the dynamic technology landscape.

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