VCI Global Ltd. Announces 1-for-30 Reverse Stock Split to Meet Nasdaq Requirements
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VCI Global Ltd. announced a 1-for-30 reverse stock split effective September 16, 2025, to comply with Nasdaq's minimum bid price requirement. This action will reduce the number of outstanding shares from approximately 35.9 million to about 1.2 million, with no fractional shares issued. The company's shares will continue to trade under the symbol "VCIG" with a new CUSIP number G98218111.
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