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VCI Global Limited announced that its board of directors approved a reverse stock split of its ordinary shares at a…

VCIGVCI Global Ltd

VCI Global Limited announced that its board of directors approved a reverse stock split of its ordinary shares at a ratio of 1-for-15, effective August 24, 2026. The transaction reduces the number of issued and outstanding shares from approximately 18,997,434 to approximately 1,266,496. No fractional shares will be issued; any fractions are rounded up at the participant level. The split aims to comply with Nasdaq’s minimum bid price requirement and position the company for potential institutional transactions. VCI Global Limited operates in the financial services industry.

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