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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.

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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.