KUALA LUMPUR, Malaysia, May 11, 2023 (GLOBE NEWSWIRE) — VCI Global Limited vcig (“VCI Global”, or the “Company”) today announced that it has commenced the application process for the dual listing of its shares on Upstream, the revolutionary trading app for digital securities, and Kshitij Fintex (“Horizon”) and MERJ NFT Limited (“MERJ”) operated by the Exchange.
The planned dual listing on Upstream is designed to provide VCI Global with the opportunity to access a global, digital-first investor base that can trade using credit, debit, PayPal and USD as well as the USDC digital currency. can unlock liquidity and enhance value discovery during globalization. An opportunity to invest in NASDAQ-listed VCI Global.
Commenting on the application for listing on ‘Upstream Dato’, Victor Hu, Chairman and Group Director, VCI Global, said, “Creating shareholder value and enhancing liquidity have always been a high priority for us as a company. But dual listing will be beneficial.” Serve as an excellent vehicle for potential new shareholders to access untapped international markets.”
Approval to be listed on Upstream is subject to approval by MERJ. However, as an existing NASDAQ issuer, VCI Global may be eligible for an accelerated listing process.
About VCI Global Limited
VCI Global is a multi-disciplinary consulting group with leading advisory practices in the areas of business and technology. The company provides business and boardroom strategy services, investor relations services and technology consulting services. Its clients range from small- to medium-sized enterprises and government-affiliated agencies to publicly traded companies in a wide range of industries. VCI Global operates entirely in Malaysia with clients mainly from Malaysia, but also serves some clients in China, Singapore and the US.
For more information about the company, please log on https://v-capital.co/,
upstream, a MERJ exchange market (merge.exchange), is a fully regulated global stock exchange for digital securities and NFTs. Powered by Horizon’s proprietary blockchain-powered matching engine technology, the platform enables users to trade NFTs and invest in securities for IPOs, crowdfunded companies, US and international equities, and celebrity ventures using the Upstream app. For more information, please visit https://upstream.exchange/, Upstream is currently accepting applications for dual listing https://upstream.exchange/getlisted,
This press release shall not constitute an offer to sell securities or a solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted.
Upstream and issuers do not charge a fee for share transfers, however, transfer agents may charge investors a fee for share transfers. Such fees are standard in the industry and, if a fee is required, the Transfer Agent will alert the investor to such fees and the method of payment via credit card, check or wire.
NFT has no royalties, equity ownership or dividends. NFTs are for utility, collection, redemption or display purposes only. Anyone can buy and sell NFTs on Upstream.
*Citizens or permanent residents of the US or Canada are not currently able to deposit, buy or sell securities on Upstream. Note that US or Canadian-based investors include US or Canadian citizens who may be domiciled overseas. Not all orders for sale are solicited by Upstream and the User’s decision to trade in securities should be based on their own investment judgement.
This communication contains “forward-looking statements”. Such statements as “intend,” “may,” “will,” “plan,” “expect,” “anticipate,” “project,” “predict,” “estimate,” “object,” “believe may be preceded by the words “,” “expects,” “potential,” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties , many of which are beyond the control of the Company, and cannot be predicted or quantified, and, as a result, actual results may differ materially from those expressed or implied by such forward-looking statements. and uncertainties include, without limitation, risks and uncertainties related to (i) difficulties in obtaining financing on commercially reasonable terms; (ii) changes in the size and nature of our competition; (iii) one or more key executives or brand ambassadors and (iv) changes in legal or regulatory requirements in the markets in which we operate. The company undertakes no obligation to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. Believes.
Image released by Jiva Communications Sdn Bhd on behalf of VCI Global Limited
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