VCI Global Approves 1-for-60 Reverse Stock Split

Reuters02-26
VCI Global Approves 1-for-60 Reverse Stock Split

VCI Global Ltd. said its board approved a 1-for-60 reverse stock split of its ordinary shares, effective 12:01 a.m. Eastern Time on Feb. 27, 2026. The shares are expected to trade on a post-split basis on Nasdaq under the symbol VCIG at the market open that day with a new CUSIP, G98218400. The company said the move is intended to help maintain compliance with Nasdaq’s minimum bid price requirement and position it for a potential institutional transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VCI Global Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-020199), on February 25, 2026, and is solely responsible for the information contained therein.

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