VCI Global (VCIG) shares surged 21.15% during pre-market trading on Wednesday, July 16, 2025, reaching $1.26, up from the previous closing price of $1.04.
The jump follows VCI Global Limited’s announcement of a definitive agreement to acquire V Capital Fund Management Limited, a fund management company licensed by the Labuan Financial Services Authority.
This acquisition provides VCI Global with immediate access to a regulated asset management framework in Labuan, Malaysia’s internationally recognized offshore financial hub. The deal is expected to close in the third quarter of 2025.
