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0.0613170655404349 0.0821210699202254 0.000938526513374073 -0.0151728452995463 -0.0423901141873923 -0.0301892695135304 -0.0442671672141405 -0.003284842796809
Stock impact report

VCI Global Signs Binding Term Sheet to Acquire Controlling 51% Stake in RTCAR Mexico, Secures Tier-1 Production Hub for Global Automotive Giant’s North American Expansion

VCI Global Limited - Ordinary Share (VCIG) 
Company Research Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Dec. 29, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that it has entered a legally binding term sheet to acquire a 51% controlling equity interest in RTCAR Comercializadora de Suministros Automotrices, S.A. de C.V. (“RTCAR Mexico”), a premier Mexico-based automotive assembly and manufacturing platform. The acquisition provides VCI Global with an immediately operational, scalable industrial base to support high-volume production for a leading global automotive original equipment manufacturer (OEM) expanding its footprint in North America. Experienced Automotive Leadership and USMCA-Ready Operations RTCAR Mexico is led by a seasoned management team with extensive experience across global automotive OEMs and Tier-1 suppliers, including senior leadership roles at Fortune 500 companies. The team brings deep expertise in North American manufacturing, supply chain optimization, and USMCA-compliant oper Show less Read more
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