Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 158

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 19
Chunk 158
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 223,694  
  Cash at share trading accounts                               19                                 -                       -  
  Total                                                 4,637,279                        36,214,258               8,100,899  

Cash at share trading accounts are readily
convertible to a known amount of cash which are subject to an insignificant risk of changes in value.

Fixed deposit bear interest at3.2% (2023: Nil) per annum and mature
in30(2023: Nil) days.

The currency profiles of the Company’s cash and cash
equivalents at the end of the reporting date are as follows:

                            December 31,                     December 31,                  
                            RM                               RM                            
  Singapore dollar                               15,101                        -           
  United States dollar                        1,379,856                        28,189,995  

  13      TRADE AND OTHER PAYABLES  
 ────────────────────────────────────

                                                        RM      RM                           
 ─────────────────────────────────────────────────────────────────────────────────────────────
                                              December 31,      December 31,                 
  Trade payables                                 2,326,371      11,237,702        2,513,802  
  Accruals                                       6,901,199      7,389,605         1,653,008  
  Sundry payables                                2,592,465      1,110,105           248,323  
  Advance from a director - subsidiaries         7,563,894      -                         -  
                                                19,383,929      19,737,412        4,415,133  

Trade payables as of December 31, 2024
mainly consist of amount owing to Treasure Global Inc. (“ TGL”) as part of the partnership agreement signed on August 1, 2024
between the Company and TGL, in which TGL shall periodically provide funds and its customer database access to the Company to support
its credit service activities in exchange of long term profit sharing.

F-37

Accruals consist mainly of staff salaries
and consultant fees for which services have been performed but not been billed.

Sundry payables consist mainly of audit
fees, secretarial fees, renovation expenses and other professional fees.

Advances from a director - subsidiaries
is unsecured, interest-free and repayable on demand in cash.

The currency profiles of the Company’s
trade and other payables at the