VCI Global Limited announced a special dividend equal to 10% of the share capital of its cybersecurity and artificial‑intelligence subsidiary, V Gallant Limited. The dividend will be paid pro‑rata to all VCIG shareholders and will be processed through the company’s transfer agent, with no action required from investors. The record date for the dividend will be confirmed within seven to fourteen days after final clearance from advisors and the transfer agent.
V Gallant, the unit that will receive the dividend, offers AI compute and consulting, secure data analytics, ISO audit and advisory, and cybersecurity consulting services. Management estimates that a planned Nasdaq carve‑out IPO could reach a nine‑figure valuation, positioning the subsidiary as a high‑growth catalyst for VCI Global’s portfolio. The dividend therefore provides shareholders with immediate exposure to a unit that is on the cusp of a public listing and is expected to generate significant upside.
VCI Global’s own financial profile underscores the strategic intent behind the dividend. The holding company reports a gross profit margin of 51.17% and maintains a cash‑rich balance sheet with cash exceeding debt. However, the company has experienced a negative 3‑year revenue growth of 20.9% and a market capitalization of approximately $7.85 million, indicating that the carve‑out of V Gallant is a key lever for unlocking value and improving the overall valuation of the group.
Dato’ Victor Hoo, Group Executive Chairman and CEO, said the special dividend “allows our shareholders to directly benefit from V Gallant’s next chapter as it advances toward a Nasdaq listing.” He added that V Gallant is one of the fastest‑scaling technology units within the group and that the carve‑out strategy is designed to crystallize value for VCIG shareholders while reducing corporate concentration and enhancing liquidity.
In addition to the dividend, VCI Global recently completed a $100 million transaction with Tether, making the cryptocurrency issuer its largest shareholder. The deal is part of the company’s broader strategy to deploy digital treasury and out‑of‑band token trading, further diversifying its revenue streams and positioning it at the intersection of traditional consulting and emerging digital asset markets.
The special dividend, coupled with the planned IPO and the Tether transaction, signals a concerted effort by VCI Global to unlock hidden value in its high‑growth subsidiaries, improve capital structure, and provide shareholders with a more diversified exposure to technology and cybersecurity markets. The move is expected to reinforce investor confidence in the group’s long‑term growth prospects while aligning shareholder interests with the success of V Gallant’s forthcoming public offering.
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