VCIG News

Three small issuers began trading this past week, two of which are eligible for inclusion in our IPO stats, while two delayed to the week ahead (UCAR and USGO). Four IPOs submitted initial filings, led by one biotech and one reinsurer both planning to raise $100 million. Chinese amusement and water park operator Golden Heaven Group (GDHG) downsized and priced...read more

VCI Global, which provides business and technology consulting services in Malaysia, raised $5 million by offering 1.3 million shares at $4, the low end of the range of $4 to $6. The company offered 0.3 million fewer shares than anticipated. It originally planned to offer 3 million shares before lowering the terms in March. VCI Global provides business and boardroom strategy...read more

VCI Global, which provides business and technology consulting services in Malaysia, postponed its IPO on Wednesday. It had planned to raise $8 million by offering 1.6 million shares at a price range of $4 to $6. The Kuala Lumpur, Malaysia-based company was founded in 2013 and booked $11 million in revenue for the 12 months ended June 30, 2022. It had planned to list on the Nasdaq...read more

VCI Global, which provides business and technology consulting services in Malaysia, lowered the proposed deal size for its upcoming IPO on Wednesday. The Kuala Lumpur, Malaysia-based company now plans to raise $8 million by offering 1.6 million shares at a price range of $4 to $6. The company had previously filed to offer 3 million shares at the same range. At the midpoint, VCI...read more