VCI Global Limited awarded an initial public offering contract to list one of the large Information Technology companies in Malaysia (IT Company), providing cutting-edge cross-border technology solutions and services. A Memorandum of Understanding was inked between VCI Global and Legacy Corporate Advisory Sdn Bhd, solidifying their commitment to establishing a strategic alliance. This collaborative venture reflects a dedication to mutual cooperation, leveraging respective strengths and resources, and jointly exploring new market opportunities, particularly in relation to IPOs on stock exchanges in the United States.

This partnership has resulted in their first IPO contract with the Malaysian-based IT Company, where synergies are achieved through the sharing of IPO and corporate consultancy knowledge and expertise between VCI Global and Legacy Corporate Advisory. Renowned for delivering technologically innovative, client-centric, and comprehensive cross-border technology solutions, applications, and infrastructure setup for both public and private sector clientele, the IT Company achieved an outstanding revenue growth of 250% in the last fiscal year alone, complementing its 3-year compound annual growth rate (CAGR) of 194% in revenue. The IT Company anticipates the completion of its planned IPO on Nasdaq by the end of 2024.