VCI Global Limited has announced the closing of its initial public offering on Nasdaq of 1,280,000 ordinary shares at a price to the public of $4.00 per share. The aggregate gross proceeds of the Offering were US$5.12 million or approximately RM22 million (x RM4.4), prior to deducting underwriting discounts, commissions and offering expenses.
Boustead Securities, LLC and Sutter Securities, Inc. are acting as the underwriters for the Offering
VCI Global Announces Closing Of RM22 Million Initial Public Offering Its clients range from small-medium enterprises and government-linked agencies to publicly traded companies across a broad array of industries. VCI Global operates solely in Malaysia, with clients predominantly from Malaysia, but also serves some clients from China, Singapore, and the US.
