KUALA LUMPUR, Malaysia, Jan. 20, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company") a cross-sector platform builder focused on technology, digital infrastructure, and capital market solutions, today announced that it has entered into a definitive agreement with Esousa Group Holdings, LLC, a New York based family office, for the issuance and sale of its ordinary shares and warrants in a registered direct offering. The offering is structured in multiple tranches, with the initial tranche expected to result in aggregate gross proceeds of $5,000,000, before deducting placement agent fees and other offering expenses. Pursuant to the terms of the agreement between the parties, the initial closing of the offering is expected to occur on or about January 20, 2026, subject to the satisfaction of customary closing conditions.

E.F. Hutton & Co. is acting as the exclusive placement agent for the offering. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.

The securities described above are being offered and sold by the Company in a registered direct offering pursuant to a shelf registration statement on Form F-3 (File No. 333-279521) that was originally filed with the Securities and Exchange Commission (the "SEC") on May 17, 2024, and became effective on May 28, 2024. The offering of the securities is being made only by means of a base prospectus and final ...