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VCI Global Limited (NASDAQ:VCIG) is one of the worst performing NASDAQ stocks so far in 2026. On May 7, VCI Global entered a binding term sheet for a strategic investment in a Brazilian gold mining asset estimated to contain 59.9 tonnes of gold. The company will act as the Engineering, Procurement, and Construction partner and […]
VCI Global (VCIG) announced a strategic transformation into an AI-native platform, repositioning the Company to enhance scalability, capital efficiency, and execution discipline across its portfolio of businesses. The company said, “Under the new model, VCI Global will operate as a centralized AI-driven platform, with subsidiaries, affiliates, and portfolio companies structured as modular business units that “plug into” shared AI infrastructure, standardized data and KPIs, and centralized capita
VCI Global (VCIG) entered a legally binding term sheet to acquire a 51% controlling equity interest in RTCAR Comercializadora de Suministros Automotrices, a Mexico-based automotive assembly and manufacturing platform. The acquisition provides VCI Global with an immediately operational, scalable industrial base to support high-volume production for a leading global automotive original equipment manufacturer expanding its footprint in North America. RTCAR Mexico is led by a seasoned management tea
VCI Global (VCIG) announced a strategic partnership with Oobit to expand access to the global payment market through new crypto-to-fiat settlement infrastructure. The collaboration will enable digital-asset payments with instant fiat conversion for merchants across ASEAN and other high-growth emerging markets. Oobit’s platform, already live in multiple regions, allows consumers to pay using USDT, Bitcoin, Ethereum, OOB, and other major digital assets, while merchants receive real-time fiat settl
VCI Global (VCIG) Limited announced that Tether, a stable-coin issuer, is set to emerge as the largest shareholder of VCIG following the completion of a $100M OOB token digital-asset-treasury transaction. Tether has a market capitalization of approximately $180B and maintains tens of billions of U.S. Treasury bills and cash equivalents in reserve. Following the transaction, VCIG will integrate the OOB token within its $100M digital-treasury initiative to support future AI, fintech, and blockchai
Malaysia-based technology consulting firm VCI Global has announced plans to acquire $100 million worth of OOB tokens, the native asset of Tether-backed crypto payments company Oobit, in a move aimed at expanding its digital finance footprint. Key Takeaways: VCI Global will acquire $100 million in OOB tokens from Tether-backed crypto ...
VCI Global Ltd (VCIG) reports a 37% revenue increase, with technology leading the charge, while navigating execution risks and strategic expansions.
Tech stocks were softer late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) and
VCI Global Ltd (VCIG) reports a 41% revenue increase, driven by technology advancements and strategic regional expansions, despite modest net profit growth.