VCI Global (VCIG) Regains Nasdaq Compliance

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VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule

November 26, 2024 9:09 AM EST

KUALA LUMPUR, Malaysia, Nov. 26, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (VCI Global or the Company), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, today announced that it has received written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (Nasdaq) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the Rule) for continued listing.

To regain compliance with the Rule, the Companys stock was required to maintain a minimum closing... More