Business
VCI Global Declares Special Dividend of V Gallant Shares as Cybersecurity & AI Subsidiary Prepares for Nine-Figure Nasdaq IPO
Strategic Distribution Ahead of Value-Unlocking Carve-OutKUALA LUMPUR, Malaysia, Nov. 17, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that its Board of Directors has approved a special dividend in the form of 10% of the share capital of its cybersecurity and AI subsidiary, V Gallant Limited (“V Gallant”), to be distributed on a pro rata basis to all VCIG shareholders. The distribution is expected to broaden shareholder participation
About this update from Vci Global Limited
[{"type":"image","alt":"VCI Global Limited","displaySize":"","headline":null,"caption":"VCI Global Limited","className":"","disableSlideshowImg":false,"size":{"original":{"width":233,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/e5dbc4a68c7c6c867ae0748328cdcbf8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ezOLtN0RXgUgP0cQ.XdbeA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTU0MTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/e5dbc4a68c7c6c867ae0748328cdcbf8","width":233,"height":300}},"lazy":false},{"type":"text","content":"Strategic Distribution Ahead of Value-Unlocking Carve-Out","length":57,"tagName":"p"},{"type":"text","content":"KUALA LUMPUR, Malaysia, Nov. 17, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that its Board of Directors has approved a special dividend in the form of 10% of the share capital of its cybersecurity and AI subsidiary, V Gallant Limited (“V Gallant”), to be distributed on a pro rata basis to all VCIG shareholders.","length":376,"tagName":"p"},{"type":"text","content":"The distribution is expected to broaden shareholder participation in V Gallant while reducing corporate concentration, thereby strengthening trading liquidity and enhancing long-term alignment across both entities. It marks the first step in VCI Global’s value-unlocking strategy as V Gallant progresses toward its planned Nasdaq carve-out IPO, which management estimates could fall within a nine-figure valuation range based on internal projections, audit preparations, and sector comparables.","length":494,"tagName":"p"},{"type":"text","content":"Driving Shareholder Value Through Strategic Separation","length":54,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Secure AI & Data Privacy for enterprises and government","length":59,"tagName":"p"}]},{"val":[{"type":"text","content":"AI Compute & AI Consulting","length":30,"tagName":"p"}]},{"val":[{"type":"text","content":"Enterprise & Government Data Analytics-as-a-Service","length":55,"tagName":"p"}]},{"val":[{"type":"text","content":"ISO Audit & Advisory","length":24,"tagName":"p"}]},{"val":[{"type":"text","content":"Cybersecurity Consulting","length":24,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":192,"olType":false},{"type":"text","content":"“This special dividend allows our...