V Capital Consulting Group guides sagtec global limited to Nasdaq IPO, achieving fifth successful listing

KUALA LUMPUR, Malaysia, March 14, 2025 /PRNewswire/ -- V Capital Consulting Group Limited ("VCCG", or the "Company") is pleased to announce the successful initial public offering (IPO) of its client, Sagtec Global Limited ("Sagtec"). The listing marks VCCG's fifth overall success on Nasdaq and the third IPO within the past year, highlighting the Company's expertise in guiding businesses to the global capital market.

The corporate advisory firm, a subsidiary of VCI Global Limited (NASDAQ:VCIG), provides turnkey solutions for companies seeking to list on Nasdaq. With Sagtec's successful listing — the firm's third Nasdaq IPO within a year — VCCG has further solidified its growing presence in the IPO advisory space. This achievement underscores the company's commitment to guiding more Southeast Asian businesses to the global capital market.

As Sagtec's IPO consultant, VCCG provided strategic guidance throughout the listing process, helping the software solutions provider raise US$7 million (approximately RM31 million) and achieve a post-listing valuation of over US$50 million (approximately RM221.4 million). Sagtec, which primarily serves the Food and Beverage (F&B) sector, saw its flagship product, Speed+, surpass 10,000 subscribers, reflecting 47% growth. In 2024, the company's revenue reached approximately US$11.63 million (approximately RM51.38 million), marking an 82.29% increase from the previous year.

"This IPO is another step toward strengthening Malaysia's presence on Nasdaq, and we are thrilled to have supported Sagtec in reaching this milestone. With an expanding track record of listings and a commitment to empowering Southeast Asian companies, VCCG continues to pave the way for regional businesses seeking global capital market success," said Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

"This achievement reflects our team's dedication and the invaluable guidance of our advisors, whose expertise was essential in navigating the complexities of the listing process and positioning Sagtec for long-term success. With this Nasdaq listing, we're not just expanding globally but also redefining what's possible for Southeast Asia tech innovators – and this is just the beginning of an exciting new chapter for Sagtec," said Kevin Ng, Executive Director and Chief Executive Officer of Sagtec.

For more information, please visit https://www.sagtec-global.com/ .