VCI Global Limited announces its engagement by Reveillon Group Sdn Bhd, a Malaysian company operating in the food and beverage as well as the entertainment industry, as its initial public offering consultant. The projected revenue from this consulting service is expected to fall within the USD $4 million to USD $8 million range, subject to the valuation of the IPO. The anticipated IPO for Reveillon Group, aiming to list on Nasdaq, is expected to be completed in 2024/2025. “We are pleased to be selected by Reveillon and look forward to working with the team to provide them with the experience and resources to help them grow and mature. We are eager to share our experiences with Reveillon Group, contributing to the success of their upcoming IPO exercise and further solidifying our position as a trusted IPO consultant,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
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