Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 63

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 63
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 its administration, and
one or more U.S. persons have the authority to control all of the substantial decisions of that trust, or (b) that was in existence on
August 20, 1996, and validly elected under applicable Treasury Regulations to continue to be treated as a domestic trust.

Investors should consult their own tax advisors
regarding all aspects of the application of the PFIC rules to ordinary shares.

If tax authorities were to successfully challenge
our transfer pricing, there could be an increase in our overall tax liability, which could adversely affect our financial condition, results
of operations and cash flows. In addition, the tax laws in the jurisdictions in which we operate are subject to differing interpretations.
Tax authorities may challenge our tax positions, and if successful, such challenges could increase our overall tax liability. In addition,
the tax laws in the jurisdiction in which we operate are subject to change. We cannot predict the timing or content of such potential
changes, and such changes could increase our overall tax liability, which could adversely affect our financial condition, results of operations
and cash flows.

Risks Related to the Ownership of the Ordinary Shares

We have previously paid dividends but may not do so in the future.

On June 6, 2023, the Company announced that it
had declared a first single tier interim dividend of $0.01 per ordinary share. The dividend was paid out on July 31, 2023, to shareholders
of record on July 3, 2023 in the amount of $103,809.35. While it is the intention of the Company to pay dividends in the future, dividend
policy is subject to the discretion of our Board of Directors and will depend on, among other things, our earnings, financial condition,
capital requirements and other factors. There is no assurance that our Board of Directors will declare dividends even if we are profitable.
Under BVI law, we may only pay dividends if we are solvent before and after the dividend payment in the sense that we will be able to
satisfy our liabilities as they become due in the common course of business; and the value of assets of our Company will not be less than
the sum of our total liabilities. See “--Risks Related to investing in a foreign private issuer and BVI Company--We may not be able to pay any dividends on our ordinary shares in the future due to BVI law.”

The trading price of our ordinary shares is likely to be volatile, which could result in substantial losses to