Key Takeaways
- VCI Global‘s consultancy arm, V Capital Consulting Group (VCCG), will lead the Nasdaq IPO process for Saturn Agtech Berhad, targeting completion in 2026.
- Saturn, a Malaysia-based controlled environment agriculture firm, operates advanced indoor vertical farms with proprietary technology.
- The mandate underscores VCI Global‘s growing role in Southeast Asia’s cross-border capital markets advisory.
- VCCG offers end-to-end IPO advisory, including regulatory compliance and capital market strategy.
- VCI Global continues to pursue its own carve-out IPO as demand for Nasdaq listings from Southeast Asia increases.
VCI Global announces new Nasdaq IPO advisory mandate
VCI Global Limited (NASDAQ: VCIG) has secured a new advisory mandate through its consultancy division, V Capital Consulting Group Limited (VCCG). The agreement appoints VCCG as the lead advisor for Malaysian-based Saturn Agtech Berhad’s planned Nasdaq initial public offering (IPO), targeted for completion in 2026.
Saturn, a prominent controlled environment agriculture (CEA) company in Southeast Asia, seeks to expand its international presence through this planned listing.
Saturn Agtech Berhad aims for Nasdaq listing in 2026
Founded in 2018, Saturn Agtech Berhad has advanced its proprietary CEA systems through three generations of development. Its latest Model 3 system is designed to deliver more than 2,300 tons per hectare annually, representing efficiency levels 20 to 30 times higher than traditional farming methods. The company’s operations focus on sustainability, utilizing pesticide- and herbicide-free practices.
“Engaging with VCCG for our Nasdaq listing marks Saturn’s first step into the international capital markets, a defining milestone in our journey,” stated Tan Kee Hong, Founder of Saturn.
VCI Global strengthens leadership in Nasdaq IPO advisory
Through this mandate, VCI Global reinforces its leadership position in Malaysia’s capital markets advisory sector. VCCG offers comprehensive services that include equity structuring, capital market strategy, regulatory support, and coordination with stakeholders such as underwriters and legal counsel.
Vivian Yong, Chief Executive Director of VCCG, noted, “As we advance toward VCCG’s carve-out IPO, mandates like Saturn affirm our market leadership and strategic focus on cross-border capital market solutions.”
Rising demand for Southeast Asia companies on Nasdaq
The agreement comes as VCI Global continues to capitalize on rising demand from Southeast Asian companies seeking U.S. capital market exposure. Many regional companies are targeting Nasdaq for its global investor base, higher valuations, and market liquidity.
Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global, commented, “Supporting forward-thinking companies like Saturn aligns with our mission to accelerate innovation and contribute meaningfully to the region’s economic progress.”
Outlook for VCI Global and VCCG
With its own carve-out IPO planned, VCI Global remains focused on leveraging opportunities in Southeast Asia’s expanding capital markets landscape. The advisory mandate with Saturn Agtech Berhad further signals the firm’s commitment to guiding innovative businesses through complex listing processes.
