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VCI Global Limited ( (VCIG) ) has provided an announcement.
VCI Global Limited has entered into a stock sale and business separation agreement to spin off its corporate advisory business into a new entity, V Capital Consulting Group Limited, which plans to list on Nasdaq. This strategic move is expected to streamline VCI Global’s operations by transferring its corporate advisory services to the newly formed entity, potentially strengthening its market position and providing greater focus on its core business areas.
More about VCI Global Limited
VCI Global Limited operates in the corporate advisory industry, focusing on capital market advisory for Pre-IPO, IPO, and Post-IPO exercises, as well as M&A advisory and strategic private executive advisory services.
YTD Price Performance: 12.91%
Average Trading Volume: 6,932,206
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $25.05M
Find detailed analytics on VCIG stock on TipRanks’ Stock Analysis page.
