VCI Global Limited (VCIG) Prices 1.28M Share IPO at $4/sh

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VCI Global Limited Announces Pricing of Initial Public Offering

April 13, 2023 9:19 AM EDT

KUALA LUMPUR, Malaysia, April 13, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (VCI Global, or the Company) today announced the pricing of its initial public offering of 1,280,000 shares of its ordinary shares at a price to the public of $4.00 per share for a total of $5,120,000 of gross proceeds to the Company (the "Offering"), before deducting underwriting discounts, commissions and other Offering expenses. In addition, VCI Global has granted the underwriters a 45-day option to purchase up to an additional 192,000 of its ordinary shares at the public offering price of $4.00 per share, less the underwriting... More