Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 40

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 4
Chunk 40
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 cloud-based solutions, the rapid expansion of the e-commerce sector, and the adoption of AI and machine learning
are key trends shaping the market. Government initiatives like the Digital Free Trade Zone (DFTZ) and the Malaysia Digital Economy Blueprint
further support this growth. Coupled with favorable macroeconomic conditions, strategic regional positioning, and a stable, business-friendly
environment, Malaysia is well-positioned for continued expansion in this sector. 7

Business Model and Strategy

We strive to be a market maker, architect and
builder of innovation and strategies. We aim to create new markets, design new business models, and deliver business and technology solutions
that provide value to our clients. The factors that we believe drive demand for our business offerings include:

  Financial Markets  

Increasingly complex regulations and legislation,
greater scrutiny of corporate governance, and more stringent and complex reporting requirements drive the demand for our business offerings.
The need to understand and address the impact of regulation and legislation, as well as the increasing costs of doing business, have prompted
companies to engage third-party consultants to improve risk assessment and management models.

  Operational Challenges and Opportunities  

While evaluating and re-evaluating strategies
and risk management to either dodge or hit curveballs, businesses also need to be agile in capitalizing on opportunities in crisis, competition,
new regulations, innovations, emerging businesses and new technologies. Third-party consultants are often engaged to recognize, understand
and evaluate challenges and opportunities, and effect change. This business need drives the demand for independent expertise in the development
of business acumen. These factors drive the demand for our services.

  Developing Markets  

Companies in the developing world, multinational
companies and SMEs can benefit from our experts’ advice on ways to increase access to more opportunities, capital and business markets
whilst complying with domestic and international regulations. Restructuring, M& A transactions and conducting due diligence also drive
the demand for our services.

  Digital Transformation  

The advancement of technology coupled with remote
working since the outbreak of the pandemic has accelerated companies’ digital transformation and reliance on digital technologies
to create new or modify existing business processes, culture, and customer experiences to meet changing business and market requirements.
Such transformation is in line with and drives demand for the technology consultancy services we offer. Aside from that, the shift to
digital space and technology also supports the surge in the fintech landscape which drives demand in our technology consultancy services.

   7      https://www.statista.com/outlook/tmo/it-services/it-