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VCI Global Announces 1-for-60 Reverse Stock Split to Maintain Nasdaq Listing

Story Highlights
  • VCI Global approved a 1-for-60 reverse stock split effective February 27, 2026 to consolidate its Nasdaq-listed ordinary shares.
  • The reverse split cuts shares outstanding to about 1.09 million to meet Nasdaq bid rules and prepare for potential institutional investment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
VCI Global Announces 1-for-60 Reverse Stock Split to Maintain Nasdaq Listing

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VCI Global Limited ( (VCIG) ) has shared an announcement.

On February 25, 2026, VCI Global Limited announced that its board had approved a 1-for-60 reverse stock split of its ordinary shares, effective at 12:01 a.m. Eastern Time on February 27, 2026. The shares will begin trading on a post-split basis that same day on Nasdaq under the existing ticker VCIG but with a new CUSIP number.

Following the reverse split, the company’s outstanding ordinary shares will be reduced from about 65.3 million to roughly 1.09 million, with any fractional shares rounded up at the participant level and no action required from shareholders. The move is intended to help VCI Global regain compliance with Nasdaq’s minimum bid price rules and to better position the company for a potential landmark institutional transaction, signaling an effort to stabilize its market standing and attract larger investors.

Vstock Transfer, LLC will serve as the exchange agent for the corporate action, arranging the conversion of physical certificates into split-adjusted book-entry shares and coordinating automatic adjustments for holdings in brokerage or nominee accounts. This operational setup aims to ensure a smooth technical implementation of the reverse split with minimal disruption for existing shareholders while the company addresses listing requirements and strategic financing plans.

The most recent analyst rating on (VCIG) stock is a Hold with a $0.46 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.

The score is driven primarily by strong financial performance and a constructive earnings-call outlook (strong growth, high margins, and identifiable strategic initiatives). These positives are tempered by weak technical signals (below major moving averages with negative momentum) and limited valuation visibility due to missing P/E and dividend yield data.

To see Spark’s full report on VCIG stock, click here.

More about VCI Global Limited

VCI Global Limited is a Malaysia-based company listed on the Nasdaq Capital Market under the symbol VCIG. The firm operates as a foreign private issuer and maintains its principal executive offices in Kuala Lumpur, positioning it to access international capital markets and a global investor base.

Average Trading Volume: 2,057,497

Technical Sentiment Signal: Sell

Current Market Cap: $10.31M

Find detailed analytics on VCIG stock on TipRanks’ Stock Analysis page.

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