INV4
4月前
Wow VCIG hit $33+ this morning! 😃
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VCI Global’s V Gallant Launches Malaysia’s First NVIDIA-Powered AI GPU Computing Center; Debuts Intelli-X Enterprise LLM Platform
March 4, 2026
VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified holding company executing its strategic pivot into AI-native infrastructure and software, today announced that its wholly-owned subsidiary V Gallant Sdn Bhd (“V Gallant”) successfully went live with Malaysia’s first NVIDIA-powered AI GPU Computing Center on March 3, 2026, marking a major inflection point in the Company’s transition into high-margin AI infrastructure ownership and recurring revenue monetization.
The operational facility establishes VCI Global as a first-mover in AI compute in Southeast Asia, capturing demand from government, enterprise, and SME customers confronting rising AI compute intensity and strict data governance requirements.
Simultaneously, VCI Global unveiled Intelli-X, its standardized Enterprise Large Language Model (LLM) platform, engineered to deliver secure generative AI deployment and workflow automation across regulated industries, government agencies, and SME enterprises.
Capturing a Multi-Billion-Dollar AI Infrastructure Opportunity
The global AI infrastructure and cloud computing ecosystem is undergoing explosive growth, driven by surging demand for GPU-intensive workloads and compute capacity. Asia-Pacific is among the fastest-expanding regions in AI infrastructure deployment, with market forecasts pointing to rapid expansion in GPU-powered cloud and data center infrastructure demand.
Malaysia is rapidly emerging as a strategic AI hub, with AI and data center investments projected to exceed US$40 billion by 2030, fueled by foreign hyperscaler commitments and government incentives. The country’s AI initiatives are expected to add over US$115 billion to national GDP by 2030, underscoring the government’s commitment to driving digital economy transformation, according to InvestKL and the Malaysian Investment Development Authority (MIDA).
These macro trends underscore a deepening need for compute infrastructure that can support enterprise, government, and SME digital transformation demands across the region.
From Infrastructure Buildout to Recurring Revenue Activation
With the GPU Computing Center now fully operational and turnkey-ready, V Gallant is activating multiple revenue streams:
• Enterprise-Grade LLM Training and Fine-Tuning
Customers can train and deploy proprietary AI models within a secure, firewall-contained environment, reducing reliance on offshore cloud providers and mitigating cross-border data governance risk.
• High-Performance AI Workload Execution
The facility supports generative AI inference, predictive analytics, autonomous workflow orchestration, and sector-specific AI modeling across finance, healthcare, logistics, energy, and government sectors.
• Hybrid AI Infrastructure + SaaS Monetization
Having completed its proof-of-concept phase, V Gallant has transitioned into commercial operations, offering:
• GPU compute leasing and dedicated private clusters
• Subscription-based Enterprise LLM platform (Intelli-X)
• Localised AI contracts for regulated industries and public-sector clients
This hybrid model establishes high-margin recurring revenue streams, positioning VCI Global as a tangible AI infrastructure owner-operator in Southeast Asia.
Intelli-X: Enterprise LLM Architecture for AI
Intelli-X provides Zero-Access Private LLM architecture, ensuring sensitive government and enterprise data remains fully controlled. Key capabilities include:
• Secure document intelligence
• Predictive modeling and AI-assisted decision support
• Workflow automation for SMEs and large enterprises
• Proprietary data fine-tuning for sector-specific AI applications
Modeled after defense-grade analytics frameworks, Intelli-X addresses one of the primary barriers to AI adoption: secure and compliant access to generative AI across public and private sectors.
Strategic MoUs to Accelerate Ecosystem Expansion
Alongside the launch, V Gallant signed MoUs with key partners to expand market access, talent development, and deployment pathways:
• Khalifa Intelligence – Collaboration to drive broader market access and AI solution commercialization, signed with Yang Amat Berbahagia To' Puan Seri Wan Hidayah Wan Ismail, Managing Director.
• UCSI College – Partnership to strengthen AI education and workforce development, signed with Dr. Chong Aik Lee, Chief Executive Officer.
• Favoriot – Collaboration on Intelli-X deployment and integration to accelerate enterprise adoption, signed with Dr. Mazlan Abbas, Chief Executive Officer.
These partnerships reinforce VCI Global’s ecosystem-driven model, accelerating commercialization across SMEs, public-sector agencies, and regulated industries.
“As AI infrastructure becomes a strategic national and enterprise priority, the launch through V Gallant positions VCI Global at the forefront of Malaysia’s AI transformation for SME enterprises and government agencies,” said Dr. Chan Wai Mun, Chief AI & Data Officer of VCI Global. “By combining GPU compute infrastructure with our Intelli-X enterprise platform and strategic ecosystem partnerships, we are building a scalable AI commercialization engine designed to generate recurring revenue while supporting Malaysia’s long-term digital economy growth.”
About V Gallant Sdn Bhd
V Gallant Sdn Bhd is a subsidiary of VCI Global Limited (NASDAQ: VCIG), is a Malaysian-based provider of AI infrastructure, GPU-as-a-Service, and cybersecurity solutions. As an integrated artificial intelligence (AI) infrastructure and solutions company, V Gallant is dedicated to making advanced AI usable, scalable, and accessible for individuals, startups, and enterprises. At the heart of its mission is lowering technical and cost barriers that hinder broad AI adoption and deployment.
The company's ecosystem combines privacy-first analytics with flexible compute resources and hands-on engineering services. Key offerings include Intelli-X, a scalable analytics and intelligent insights platform; Compute-X, which delivers pre-configured GPU servers with flexible rent-to-own options; and the GPU Lounge, a collaborative workspace providing on-demand access to cutting-edge compute infrastructure. In addition, V Gallant's in-house consultancy team partners with clients to design, develop, and deploy tailored AI solutions backed by local engineering support.
Serving business and community needs across Malaysia and beyond, V Gallant democratises AI adoption through integrated infrastructure, shared resources, and innovative solutions that scale with organisational ambitions.
For more information, kindly visit: https://vgallant.ai/
About VCI Global Limited
VCI Global Limited (NASDAQ: VCIG) is an AI-native operating platform designed to scale and optimize businesses through centralized intelligence, data, and capital discipline.
The Company operates a platform-based model in which subsidiaries, affiliates, and portfolio companies plug into VCI Global’s centralized AI, data, governance, and capital allocation systems, enabling faster execution, improved capital efficiency, and scalable growth across multiple industries.
VCI Global’s platform centralizes AI-enabled execution, standardized KPI frameworks, financial and governance controls, and strategic capital allocation, while operating businesses focus on revenue generation, customer relationships, and local execution.
The Company maintains exposure across advisory, AI, and digital infrastructure, digital assets, energy, automotive, and consumer sectors, and continuously evaluates opportunities to scale, spin off, divest, or discontinue businesses based on performance, scalability, and return on capital.
VCI Global’s platform-centric approach is designed to enhance productivity, improve IPO readiness, and unlock long-term value through disciplined growth and selective capital deployment.
For more information on the Company, please log on to https://v-capital.co/.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
CONTACT INFORMATION:
For media queries, please contact:
VCI GLOBAL LIMITED
enquiries@v-capital.co
https://investorshub.advfn.com/stock-market/NASDAQ/vci-global-VCIG/stock-news/97976436/vci-global-s-v-gallant-launches-malaysia-s-first
$VCIG 🗞️
tw0122
8月前
$1.24..
For the six months ended March 31, 2025 and 2024, total revenue was US$12.2 million and US$20.5 million. The decrease was mainly due to the decrease in wholesale revenue from US$20.5 million in the six months ended March 31, 2024 to US$12.2 million in the six months ended March 31, 2025, as a result of weaker market demand and reduction in customer orders.For the six months ended March 31, 2025 and 2024, revenue from smartphone sales was 40.2% and 75.2% of our total revenue respectively. The decrease was mainly due to the decrease in number of units sold from 38,074 to 13,896 while the average unit cost of sales decreased from US$351 to US$311, and the Company decreased the average unit selling price from US$406 to US$354 for the six months ended March 31, 2024 and 2025, respectively.For the six months ended March 31, 2025 and 2024, revenue from tablet sales was 6.6% and 7.2% of our total revenue respectively. The decrease was due to the Company decreasing the average unit selling price from US$123 to US$35 for the six months ended March 31, 2024 and 2025, respectively. This was partially offset by an increase in the number of units sold, which rose from 11,962 to 22,700. During the same periods, the average unit cost of sales also decreased, from US$112 to US$30.For the six months March 31, 2025 and 2024, revenue from laptops and other sales was 53.2% and 17.6% of our total revenue respectively. The increase was mainly due to a rise in the average selling price per unit, which increased from US$95 to US$205. This helped to offset a decrease in the number of units sold from 38,149 to 31,866. Over the same period, the average unit cost of sales also increased from US$82 to US$151.Cost of Revenues and gross profitCost of revenues mainly consists of procurement cost of the pre-owned consumer electronic devices. For the six months ended March 31, 2025 and 2024, the cost of revenues was US$10.7 million and US$17.8 million, respectively.Profit margin and gross profit was:Gross profit for the six months ended March 31, 2025 and 2024 was US$1.5 million and US$2.7 million, respectively, or 12.6% and 13.1%, respectively, of the revenue of the corresponding periods. The decrease of gross profit was mainly due to the decrease in smartphone sales during the six months ended March 31, 2025.For the six months ended March 31, 2025 and 2024, selling and marketing expenses were US$15,429 and US$16,502 respectively.General and administrative (“G&A”) expenses mainly include staff cost for G&A purposes. For the six months ended March 31, 2025 and 2024, G&A expenses were US$885,228 and US$772,714 respectively, the increase is mainly due to the increase of business and entertainment expenses for the Nasdaq bell-ringing ceremony during the six months ended March 31, 2025.For the six months ended March 31, 2025 and 2024, Share-based compensation were US$15,776,500 and US$ 0 respectively. On January 17, 2025,the Company adopted a 2024 Stock Incentive Plan. Under the Plan, the maximum number of Ordinary Shares that may be issued pursuant to the awards was 4,287,500 Ordinary Shares. As of March 19, 2025, the Company had issued and granted a total of 4,287,500 Ordinary Shares under the Plan, with a total value of $15,776,500.Other net income mainly includes government grants, interest income and realized exchange gain (loss). For the six months ended March 31, 2025 and 2024, other income was US$11,367 and other expenses was US$2,398 respectively. The change is mainly due to a refund of US$10,000 from platform supplier for the six months ended March 31, 2025, compared to US$0 for the six months ended March 31, 2024Our net loss for the six months ended March 31, 2025, was US$15.3 million, compared to net income US$1.5 million or the six months ended March 31, 2024. The decrease was mainly due to the decrease of sales and gross profit, and share-based compensation for the six months ended March 31, 2025.Earnings (Loss) per Share - Basic and DilutedLoss per basic and diluted share for the six months ended March 31, 2025 was US$0.714, compared to Earnings per share of $0.076 for the comparable period of 2024.Liquidity and Capital ResourcesAs of March 31, 2025, we had cash and cash equivalents of $0.2 million, compared to $0.4 million as of September 30, 2024. The decrease was primarily attributable to net cash used in operating activities of $4.8 million, and net cash inflows from IPO proceeds of $4.8 million.As of March 31, 2025, our total current assets were $18.0 million, including $0.2 million in cash and cash equivalents, $3.4 million in prepayments, other receivables and other assets, and $14.3 million in inventory. Our current liabilities totaled $0.4 million, comprising primarily $0.2 million in tax payable and $0.2 million in in other payables and accrued liabilities. This resulted in working capital of $17.6 million and a current ratio of 45 to 1. The level of working capital is sufficient to support our near-term operational and financial obligations.Our management believes the Company can effectively addresses its primary liquidity requirements through the use of cash reserves, operating cash flows, and access to short-term credit facilities.Cash FlowsThe following summarizes the key components of our cash flows for the six months ended March 31, 2025, and 2024:During the six months ended March 31, 2025 and 2024, cash used in operating activities was primarily from revenue from the sale of pre-owned electronic device, whereas the cash outflows for our operating activities mainly comprised the purchase of preowned electronic device, shipping costs, staff costs and administrative expenses.Our net cash used in operating activities is primarily from net income, as adjusted for items, such as depreciation and amortization, and effects of changes in operating assets and liabilities such as an increase or decrease in inventories, accounts receivables, prepayments and other receivables, tax payable, other payables and accruals, right-of-use of assets and lease obligations.For the six months ended March 31, 2025, our net cash used in operating activities was $4.8 million compared to $1.3 million for the comparable period in 2024, an increase of $3.5 million. The increase was primarily driven by favorable changes in working capital, including a $10.5 million reduction in accounts receivable, which more than offset the impact of the increase in prepayments, other receivables and other current assets and inventory and lower net income during the period.For the six months ended March 31, 2024, our net cash used in operating activities was US$1.3 million, which primarily reflected our net income of approximately US$1.5 million, mainly adjusted by increase in inventory and prepayments, other receivables and other current assets totaling US$2.7 million.Our cash flows used in investing activities consisted of the purchases of property, plant and equipment;For the six months ended March 31, 2025, no cash was used for the purchase of property, plant and equipment.For the six months ended March 31, 2024 net cash used in investing activities was US$27,384, for purchase property, plant and equipment.Our cash flows from financing activities consisted of (i) proceeds from the IPO; and (ii) payment for deferred offering cost..For the six months ended March 31, 2025, net cash from financing activities was $4.6 million, due to the net effect of (i) Proceeds from IPO of $4.9 million; and (ii) payments of deferred offering cost of $0.3 million.For the six months ended March 31, 2024, our cash flows used in financing activities primarily consists of payments for deferred offering expenses of US$211,182 for the six months ended March 31, 2024.Capital ExpendituresThe Company had capital expenditures of $0 and $27,384 for the six months ended March 31, 2025 and 2024, respectively. Our capital expenditures were for purchase of property and equipment. Management intends to fund future capital expenditures from working capital. The Company will continue to make capital expenditures as appropriate to support its business growth.Recently Completed Initial Public Offering and Use of ProceedsOn November 26, 2024, the Company closed its initial public offering (“IPO”) of 1,437,500 ordinary shares at $4.00 per share. The net proceeds from the offering were approximately $4.6 million, after deducting underwriting discounts and other offering expenses payable by the Company. The ordinary shares of the Company began trading on The Nasdaq Capital Market on November 26, 2024, under the ticker symbol “CGTL”.On January 17, 2025, the board of directors of the Company approved a 2024 Stock Incentive Plan. Under the Plan, the maximum number of Ordinary Shares that may be issued pursuant to the awards was 4,287,500 Ordinary Shares. As of March 19, 2025, the Company had issued and granted a total of 4,287,500 Ordinary Shares under the Plan.On March 10,2025, the share capital of the Company is $2,000,000.00 divided into 1,900,000,000 Class A Ordinary Shares of par value $0.001 each and 100,000,000 Class B Ordinary Shares of par value $0.001 each. 8,500,000 authorized and issued and outstanding Ordinary Shares held by HSZ HOLDINGS LIMITED were redesignated into Class B Ordinary Shares and the remaining authorized but unissued 1,882,775,000 Ordinary Shares be and are redesignated into Class A Ordinary Shares on a one for one basis, and the remaining authorized but unissued 91,500,000 Ordinary Shares be and are redesignated into Class B Ordinary Shares on a one for one basis.About Creative Global Technology Holdings LimitedCreative Global Technology Holdings Limited conducts our business through CGTHK, a Hong Kong-based company sourcing and reselling recycled consumer electronic devices. We embody the circular economy concept in our entire business process. For more information,
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