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VCI Global warrant exercise raises $6.87M — 880k shares at $5.62
A warrant holder exercised 880,000 VCI Global warrants at $5.62 per share, generating approximately $6.87 million of gross proceeds. The exercise appears completed, so the 880,000 new common shares are being issued (immediate dilution). The exercising party was Esousa Group Holdings and the $5.62 strike represented a 24.9% premium to VCI Global's June 24 close; E.F. Hutton served as financial advisor. Timing: Warrant exercises are already completed, so dilution is already in effect.
Credilab wins full online lending approval in Malaysia, advancing VCIG's AI revenue-share lending platform
Credilab, the fintech partner of V Gallant (a VCIG subsidiary), received regulatory approval to operate as a fully online lending platform in Malaysia, unlocking commercialization of V Gallant’s AI-powered lending infrastructure under a revenue-share partnership. Credilab already holds an operating loan portfolio of ~US$37.1M and the platform targets rapid loan approval/disbursement (as little as five minutes), though launch timing and commercial terms remain subject to compliance, integrations, and regulatory conditions.
Credilab receives full online lending approval in Malaysia; V Gallant to supply AI lending infrastructure
Credilab received regulatory approval to operate as a fully online lending platform in Malaysia, enabling commercialization of V Gallant's AI-powered lending infrastructure under an exclusive, revenue-share partnership with parent VCI Global (NASDAQ: VCIG). Credilab already holds an operating loan portfolio of ~US$37.1M and the platform aims to offer rapid, AI-assisted loan approval/disbursement (targeting ~5 minutes), though launch timing and economics are subject to commercial, regulatory, and operational execution.
VCIG to launch Galactic OPC — AI-native business OS with NVIDIA GPU hub
VCI Global (VCIG) announced plans to roll out Galactic OPC, an AI-native business operating system built by subsidiary V Gallant to orchestrate interconnected AI agents across sales, marketing, finance, operations and other functions. The program pairs a Galactic OS orchestration layer with a physical Galactic OPC Hub next to V Gallant's NVIDIA-powered GPU Lounge to combine software, high-performance GPU access and collaborative workspace support; the company gave no launch date, customer wins or revenue guidance and described the effort as forward-looking.
VCIG says institutional investors disclosed, reiterates AI/digital-asset/RWA strategy
VCI Global (NASDAQ: VCIG) disclosed that its shareholder base now includes institutional/strategic investors such as Tether Investment S.A. de C.V., CMCC Titan Fund L.P. and 468 Global Opportunities and provided a strategic update highlighting AI infrastructure (GPU compute and enterprise AI), digital-asset initiatives (stablecoin/payment infrastructure, tokenization, treasury) and real-world-asset and capital-markets activities. The company noted the referenced shares are restricted and subject to resale limits (e.g., Rule 144) and gave only high-level, forward-looking plans around partnerships, spin-offs, financing and platform scaling without operational timing or funding details.
VCIG unit signs definitive deal to acquire Indonesian forestry platform covering ~241,000 ha to pursue carbon credits
VCI Global's subsidiary V Gallant signed a definitive agreement to acquire a controlling stake in PT Fine Carbon Credit Indonesia, a forestry/carbon asset platform tied to roughly 241,000 hectares across four Indonesian project sites. Management says the platform may support issuance of millions of voluntary carbon credits over the projects' lifecycles (subject to certification, verification and regulatory approvals) and will be integrated into VCIG's AI, digital infrastructure and tokenized real-world-asset strategy. Consideration will be paid in V Gallant Class A and Class B shares and the transaction remains subject to due diligence, milestone-based verification procedures and customary closing conditions; the company also said at least one strategic ecosystem spin-off is expected this year.
VCIG CEO Hoo Voon Him buys 654,135 shares at $1.33 each
VCIG filed SEC Form 4. After the purchase he beneficially owns 2,225,533 shares and may also be deemed to beneficially own 59 shares held by VCI Equity Fund Limited (of which he is the sole shareholder).