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 VCI (US:VCIG) Globenewswire·2025-12-29 21:00

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 prod ...