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The latest update is out from VCI Global Limited ( (VCIG) ).
On October 30, 2025, VCI Global Limited, a company involved in a registered direct offering, entered into a securities purchase agreement with an institutional investor to issue and sell 2,777,778 ordinary shares at $1.80 per share. The offering, expected to close on October 31, 2025, aims to raise $5 million in gross proceeds, which will be used for working capital and general corporate purposes. Rodman & Renshaw LLC is the exclusive placement agent for this transaction.
The most recent analyst rating on (VCIG) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on VCI Global Limited stock, see the VCIG Stock Forecast page.
Spark’s Take on VCIG Stock
According to Spark, TipRanks’ AI Analyst, VCIG is a Outperform.
VCI Global Limited’s strong financial performance and positive earnings call outlook are the most significant factors driving the score. However, bearish technical indicators and lack of valuation data present challenges. The company’s strategic initiatives and growth potential in the technology segment are promising, but investors should be cautious of the current market momentum.
To see Spark’s full report on VCIG stock, click here.
More about VCI Global Limited
Average Trading Volume: 502,733
Technical Sentiment Signal: Sell
Current Market Cap: $2.15M
Find detailed analytics on VCIG stock on TipRanks’ Stock Analysis page.