Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 61

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 61
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 register of shareholders are recognized under BVI law as shareholders of our Company. Only registered shareholders
have legal standing to institute shareholder actions against us or otherwise seek to enforce their rights as shareholders. Investors in
our shares who are not specifically registered as shareholders in our register of members (for example, where such shareholders hold shares
indirectly through the Depository Trust Company) are required to become registered as shareholders in our register of members in order
to institute or enforce any legal proceedings or claims against us, our directors or our executive officers relating to shareholder rights.
Holders of book-entry interests in our shares may become registered shareholders by exchanging their book-entry interests in our shares
for certificated shares and being registered in our register of members. Such a process could result in administrative delays which may
be prejudicial to any legal proceeding or enforcement action.

Subject to the general authority to allot and issue new ordinary shares provided by our shareholders, underBritish Virgin Island law our directors may allot and issue new ordinary shares on terms and conditions and for such purposes as may be determined by our Board in its sole discretion.

Subject to the general authority to allot and
issue new ordinary shares provided by our shareholders and BVI laws, we may allot and issue new ordinary shares on such terms and conditions
and for such purposes as may be determined by our Board in its sole discretion. Any additional issuances of new ordinary shares may dilute
our shareholders’ percentage ownership interests in our ordinary shares and/or adversely impact the market price of our ordinary
shares.

We may be or become a passive foreign investment company, which could result in adverse U.S. federal income tax consequences to U.S. Holders.

The rules governing passive foreign investment
companies (“PFICs”) can have adverse effects for U.S. federal income tax purposes. The tests for determining PFIC status for
a taxable year depend upon the relative values of certain categories of assets and the relative amounts of certain kinds of income. The
determination of whether we are a PFIC, which must be made annually after the close of each taxable year, depends on the particular facts
and circumstances (such as the valuation of our assets, including goodwill and other intangible assets) and may also be affected by the
application of the PFIC rules, which are subject to differing interpretations. The fair market value of our assets is expected to relate,
in part, to (a) the market price of our ordinary shares and (b) the composition of our income and assets, which will be affected