VCI Global (VCIG) announced that it has approved the spin-off of its capital markets advisory subsidiary, V Capital Consulting Group, at a valuation of $168M. Following the listing, VCI Global will retain a 30% equity interest in VCCG, supporting the company’s transition toward a more focused, technology-driven business model and a strengthened balance sheet. The transaction marks the first execution of VCI Global’s newly introduced dual-track IPO strategy, an initiative designed to unlock subsidiary value, improve capital efficiency, and create clearer operating verticals aligned with long-term growth priorities.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VCIG:
