Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 42

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 4
Chunk 42
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We continue to leverage our domain expertise and
broad capabilities to help our clients with strategic planning and to identify issues that might arise, to be well-prepared before a crisis.

  Acquisitions  
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We are selective when it comes to making strategic
and opportunistic acquisitions. We do so in a way that fosters organic growth, expands our geographic presence and complements our segments,
practices, services and industry focuses. Our business processes in selecting target companies are as follows:

  Targets Sourcing: We actively search for entrepreneurial firms with high growth potential to unlock acquisition opportunities.  

  Decision Making: We evaluate, examine and engage in due diligence of a prospective portfolio company, including but not limited to product or services viability, market potential and integrity ...  

  Develop Business & Provide Value Adding Services: We provide complementary value-added services including access to our consultancy expertise, knowledge, investor relations, boardroom strategy,...  

Revenue Model

Our revenue is driven in part by our ability to offer market-leading service offerings to add value to clients. We derive our revenues
substantially from our business and technology consultancy service offerings and solutions that we deliver to our clients. Each contract
has different terms based on the scope, deliverables, timing and complexity of the engagement.

The following table presents our revenue
for fiscal years ended December 31, 2024, 2023, and 2022.

                                     Revenue Fiscal Year Ended December 31                                                                                       
                                     2024                                                                        2023                      2022                  
                                     MYR                                                                         MYR                       MYR                   
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Business Strategy Consultancy                                                  66,271,454      14,824,502                67,252,153                17,681,457  
  Technology Development                                                         51,018,808      11,412,582                20,525,915                17,505,200  
  Interest income                                                                 5,430,828       1,214,842                 1,897,005                         -  
  Others                                                                          1,667,301         372,965                 1,123,071                   383,225  
  Total                                                                         124,388,391      27,824,891                90,798,144                35,569,882  

Depending on the terms of