Mergers & Acquisitions ·
On August 17, 2026, VCI Global Limited entered into a Business Separation Agreement with its wholly owned subsidiary…
VCIGVCI Global Ltd
On August 17, 2026, VCI Global Limited entered into a Business Separation Agreement with its wholly owned subsidiary, V Gallant Limited, to separate the Company's technology-related consulting and product businesses. The spun-off entity, V Gallant, operates in artificial intelligence, cybersecurity, robotics, cloud storage, and hardware/software technology. VCI Global will provide transition services including HR, finance, and legal support for one year at a total cost of MYR 50,000 per month. The parties also agreed to five-year mutual non-competition and non-solicitation covenants. This strategic restructuring allows the parent company to divest its technology operations into an independent entity listed on Nasdaq.