VCI Global Limited - Ordinary Share (VCIG)

The reverse split will reduce the number of shares of common stock issued and outstanding from approximately 54.5 million to approximately 2.8 million.

VCI Global (NASDAQ: VCIG) rises premarket with $33M contracts for AI infrastructure solutions, boosting computing power and completing in 12 months.

As the regular session of the US market on Friday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.

VCI Global Limited (NASDAQ: VCIG) is making waves as its subsidiary, AI Computing Center Malaysia (AICC), secures advanced AI infrastructure from Super Micro Computer, Inc. (NASDAQ: SMCI). This $25 million investment includes 64 Supermicro servers with NVIDIA H200 GPUs.

VCI Global to develop 100 MW of solar PV projects in Southeast Asia and Europe, generating $200 million revenue over 20 years.

U.S. stock markets experienced a downturn on Wednesday, with the Nasdaq Composite dropping over 110 points to 19,070.48.

VCI Global shares are trading higher by 93% during Wednesday's session. The company announced it received a conditional letter of award valued at approximately $24 million.