Malaysia-based business consulting firm V Capital Consulting Group files for a $15 million US IPO
IPO Overview
V Capital Consulting Group, which business consulting firm spun out of Malaysia-based VCI Global, filed on Wednesday with the SEC to raise up to $15 million in an initial public offering.
V Capital Consulting Group, spun out of parent VCI Global （VCIG）， provides listing consultancy and business strategy consultancy for a variety of corporations. The company provides end-to-end listing solutions that cover advising on organizational readiness, managing due diligence process, conducting peer and industry analyses, supporting the drafting of offering materials, and providing assistance to customers throughout the listing process. The company was formed out of Malaysian consulting firm VCI Global, which itself listed on the Nasdaq in 2023, and has since traded down approximately -100%.
The primary shareholder is VHKL with a 92% post-IPO stake.
The Kuala Lumpur, Malaysia-based company was founded in 2016 and booked $9 million in revenue for the 12 months ended June 30, 2025. It plans to list on the Nasdaq under the symbol VCCG. D. Boral Capital is the sole bookrunner on the deal. No pricing terms were disclosed.
About the Company
VCCG, a company formed by VCI Global Limited （Nasdaq: VCIG） and transferred to VHKL, is a multi-disciplinary consulting group with key corporate advisory practices. Our team is staffed with consultants recognized for their wealth of knowledge and established track records of delivering impact. With our core group of experts experienced in corporate finance, capital markets, legal, and investor relations, we guide and assist our clients’ paths to success by helping them to identify business opportunities. We leverage our in-depth expertise to assist clients in creating values by providing profitable business ideas, customizing bold strategic options, offering sector intelligence, and equipping clients with cost-saving solutions for lasting growth. We have been delivering our services to companies ranging from small-medium enterprises and government contractors to publicly traded conglomerates across a broad array of industries. Our clients are predominantly from Malaysia （approximately 97% of our revenue in 2024） with some client engagements from Singapore （approximately 3% of our revenue in 2024）。 Most of our clients are listed on Nasdaq Capital Markets and we have conducted numerous engagements and advised our clients on resolving issues surrounding listing strategies, corporate development initiatives and investor relations.