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VCI Global Completes Sagtec Global Limited's Nasdaq IPO, Earning US$5.7 Million in Advisory Revenue

Benzinga LogoBenzinga2d ago

VCI Global Completes Sagtec Global Limited's Nasdaq IPO, Earning US$5.7 Million in Advisory Revenue - Benzinga

Quick Summary:

KUALA LUMPUR, Malaysia, March 07, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global") is pleased to announce the successful initial public offering (IPO) of its client, Sagtec Global Limited (NASDAQ:SAGT) ("Sagtec"), facilitated through its capital market advisory arm, V Capital Consultancy Group Limited ("VCCG", or the "Company").

Leveraging its expertise, VCCG guided Sagtec through the entire IPO process, resulting in its trading debut on March 7, 2025.

The IPO generated approximately US$5.7 million in revenue for the Company, highlighting VCCG's growing presence in the IPO advisory space and its commitment to bringing more Southeast Asian companies to Nasdaq.


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Article Details

Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-07 @ 16:22:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 883 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26727232

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Official Website: benzinga.com

Year Established: 2010

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News Last Updated: 2 days ago

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