VCI Global Awarded Exclusive Distributorship for the World’s First AI-Powered Post-Harvest Robotic Packing System by Wootzano
VCI Global Limited - Ordinary Share (VCIG)
Company Research
Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that it has entered into an agreement with Wootzano Limited (“Wootzano”) to appoint VCI Global as its exclusive distributor of Wootzano’s Avarai robotic packing systems in Malaysia. The agreement augments VCI Global’s capabilities and value as an innovating provider of business development and consulting services to an ever-expanding variety of industrial sectors. Under the terms of the agreement, VCI Global will receive priority supply and pricing terms from Wootzano on any orders of the Avarai food-handling robotic system in Malaysia, which the Company plans to introduce to its consulting customers within various niches of the agricultural growing and distribution markets. As consideration for these exclusive rights, VCI Global has agreed to a schedule of minimum purchase commitments, starting in 2024. Management believes that there is poten
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VCIG
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- VCI Global Receives a Huge Endorsement From a Large Institutional InvestorGlobeNewswire
VCIG
Sec Filings
- 4/30/24 - Form 20-F
- 4/5/24 - Form 6-K
- VCIG's page on the SEC website