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VCI Global Limited ( (VCIG) ) has issued an update.
On February 18, 2025, VCI Global Limited announced a US$13.3 million, 12-month share subscription program by its CEO, Dato’ Victor Hoo. This initiative, which involves purchasing shares at a premium, reflects confidence in the company’s growth prospects in AI, cybersecurity, and renewable energy sectors. The program could significantly increase Hoo’s shareholdings, aligning with the company’s aggressive expansion strategy and targeting 200% revenue growth in 2025, thus reinforcing its position as a leader in high-growth industries.
More about VCI Global Limited
VCI Global Limited is a diversified global holding company focusing on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy. The company has a presence in Asia, Europe, and the United States, and is committed to driving technological innovation, sustainable growth, and financial excellence across multiple industries.
YTD Price Performance: -34.94%
Average Trading Volume: 8,460,318
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $21.03M
Find detailed analytics on VCIG stock on TipRanks’ Stock Analysis page.
