VCI Global Limited ( (VCIG) ) has released a notification of late filing.
VCI Global Limited has announced a delay in filing its Annual Report on Form 20-F (Yearly Report) for the fiscal year ending December 31, 2024. The primary reason for this delay is the incomplete review of financial statements by the company’s independent registered public accounting firm. VCI Global Limited anticipates filing the report no later than the fifteenth calendar day following the prescribed due date. The company does not expect any significant changes in its financial results compared to the previous year. VCI Global Limited is committed to completing its filing promptly, as indicated by the signature of its CEO, Victor Hoo, on the notification.
Spark’s Take on VCIG Stock
According to Spark, TipRanks’ AI Analyst, VCIG is a Neutral.
VCI Global Limited’s strong financial performance and robust revenue growth are notable strengths, contributing positively to the overall score. However, technical indicators highlight a bearish trend, and the absence of valuation metrics limits the ability to fully assess the stock’s attractiveness. The overall score reflects both the company’s solid financial foundation and the current technical challenges.
To see Spark’s full report on VCIG stock, click here.
More about VCI Global Limited
YTD Price Performance: -86.56%
Average Trading Volume: 170,929
Technical Sentiment Signal: Buy
Current Market Cap: $13.24M
See more data about VCIG stock on TipRanks’ Stock Analysis page.