VCI Global Disposes Credilab via Management Buyout Valued at US$43.74 Million; Retains 30% Stake
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KUALA LUMPUR, Malaysia, Feb. 4, 2026 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) ("VCI Global" or the "Company") today announced that it has entered into an agreement to dispose of its fintech subsidiary, Credilab Sdn Bhd ("Credilab"), through a management buyout at an enterprise valuation of approximately US$43.74 million, representing 1.1× net tangible assets (NTA).
The transaction will be settled through a combination of cash and shares and is subject to customary closing conditions. Upon completion, VCI Global will retain a 30% equity interest in Credilab, allowing continued participation in potential future value creation while eliminating the need for ongoing capital support.
The disposal forms part of VCI Global's portfolio optimization and capital reallocation strategy as the Company advances its transition toward an AI-native capital and innovation platform focused on scalable, asset-light businesses.
Credilab operates in a capital-intensive fintech lending environment that requires ongoing balance-sheet funding and regulatory capital. While Credilab remains operational, its funding profile no longer aligns with VCI Global's strategic priorities.
Following completion of the transaction, VCI Global will focus on its core growth verticals, including AI infrastructure and robotics, real-world assets (RWA), clean energy, automotive, and advanced mobility, alongside scaling investee companies through capital markets expertise and AI-enabled execution.
The transaction is expected to improve capital efficiency, cash-flow discipline, and management focus, while preserving exposure to potential upside through the retained minority stake.
"This transaction reflects disciplined capital management," said Zhi Feng Ang, Chief Financial Officer of VCI Global. "By monetizing Credilab at a premium to NTA while retaining a minority interest, we strengthen our balance sheet and redeploy capital toward scalable, AI-driven platforms."
Source: GLOBE NEWSWIRE
