Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 20

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 20
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Our Ordinary Shares are thinly traded and our shareholders may be unable to sell their shares quickly or at market price.

Although we have had periods of high-volume daily
trading in our Ordinary Shares, generally our stock is thinly traded. As a consequence of this lack of liquidity, the trading of relatively
small quantities of shares by our shareholders may disproportionately influence the price of those shares in either direction. Our Ordinary
Shares price could, for example, decline significantly as a result of sales of a large number of shares of our Ordinary Shares on the
market without commensurate demand, as compared to a seasoned issuer that could better absorb those sales without adverse impact on its
share price, or from the perception that these sales could occur.

There is no public market for the Pre-Funded Warrants being offered in this offering.

There is no public trading market for the Pre-Funded
Warrants being offered in this offering, and we do not expect a market to develop. In addition, we do not intend to apply to list the
Pre-Funded Warrants on any securities exchange or nationally recognized trading system, including the Nasdaq Capital Market. Without an
active market, the liquidity of the Pre-Funded Warrants will be limited.

Holders of Pre-Funded Warrants purchased in this offering will have no rights as shareholders until such holders exercise their warrants and acquire our Ordinary Shares.

Until holders of Pre-Funded Warrants acquire shares
of our Ordinary Shares upon exercise of such warrants, the holders will have no rights with respect to the shares of our Ordinary Shares
underlying such warrants. Upon exercise of the Pre-Funded Warrants, the holders will be entitled to exercise the rights of a shareholder
only as to matters for which the record date occurs after the exercise date.

Significant holders or beneficial holders of our Ordinary Shares may not be permitted to exercise Pre-Funded Warrants that they hold.

A holder of a Pre-Funded Warrant will not be entitled
to exercise any portion of any Pre-Funded Warrant which, upon giving effect to such exercise, would cause the aggregate number of shares
of our Ordinary Shares beneficially owned by the holder (together with its affiliates) to exceed (or, upon election of the holder, 9.99%)
of the number of shares of our Ordinary Shares outstanding immediately prior to or after giving effect to the exercise. Such percentage
may be increased by the holder of the Pre-Funded Warrant to any other percentage not in excess of 9.99% of