Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 38

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 4
Chunk 38
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ipo-market-trends#:~:text=The%20US%20IPO%20market%20made,of%20IPOs%20jumped%20by%2038%25.  

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   3      https://www.ey.com/content/dam/ey-unified-site/ey-com/en-gl/insights/ipo/documents/ey-gl-ipo-trends-q3-v1-09-2024.pdf  
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IPO, M& A Private Equity/Venture Capital
Deal Numbers and Proceeds in Malaysia

Despite a 35% decline in the number of IPOs across
the Asia Pacific region from 2023 to 2024, Malaysia recorded its highest level of IPO activity in 19 years. This surge was driven by
attractive valuations, strong liquidity, and supportive economic policies that enhanced the country’s appeal to foreign direct investors.
In 2024, Malaysia hosted 49 IPOs - an increase of 17 compared to 32 in 2023 - representing a 53% year-on-year growth. Moreover,
Malaysia ranked among the top five countries in the Asia Pacific region by IPO proceeds, alongside Oceania, Australia, and the Philippines.
The country recorded a 105% annual increase in proceeds, rising from US$0.8 billion in 2023 to US$1.7 billion in 2024. 4

The M& A landscape in Southeast Asia, particularly
in Malaysia, is showing strong positive momentum. While overall M& A activity across the Asia-Pacific region experienced a slight
decline, Malaysia has stood out as a bright spot, with deal volume rising by 87% year-on-year in the first half of 2024, totaling US$8.3
billion. This surge is largely attributed to global policy shifts, geopolitical developments, and exchange rate dynamics. Looking ahead,
the transaction value in Malaysia’s M& A market