VCI Global Limited announced on Thursday that it has completed a management buyout of its fintech subsidiary Credilab Sdn Bhd, valuing the business at approximately US$43.74 million. The transaction was structured as 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 it to benefit from future upside while removing the need for ongoing capital support.
The divestiture marks a strategic shift for VCI Global, which has been pivoting away from capital‑intensive fintech operations toward its high‑margin technology platform businesses. By monetising Credilab at a premium to net tangible assets, the company aims to strengthen its balance sheet and redeploy capital into sovereign‑AI infrastructure, robotics, and real‑world asset ventures. The retained minority stake also provides a potential source of future revenue if Credilab continues to grow in the Malaysian lending market.
Credilab’s management team will assume control of day‑to‑day operations under the new ownership structure, while VCI Global’s 30 % holding will be monitored for performance and potential future divestiture or recapitalisation. The deal is expected to close once all regulatory and shareholder approvals are obtained, with the transaction positioned to support VCI Global’s broader platform strategy and capital efficiency goals.
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