Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 28

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 28
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 conditions applicable to the securities.

Additionally, we urge you to review the form of
Pre-Funded Warrant, which will be also included as an exhibit to a report on Form 6-K filed with the SEC in connection with this offering
and incorporated by reference herein, for a complete description of the terms and conditions applicable to the Pre-Funded Warrants. The
Pre-Funded Warrants will have the terms described under the heading “Pre-Funded Warrants” below.

Ordinary Shares

The material terms and provisions of our Ordinary Shares are described
under the heading “Description Of Ordinary Shares” starting on page 20 of the accompanying prospectus.

Pre-Funded Warrants

Duration and Exercise Price. Each Pre-Funded Warrant will have a nominal exercise price per share equal to $0.001. The Pre-Funded Warrants
are exercisable immediately upon issuanceand will expire and until this Pre-Funded Warrant is exercised in full. The exercise
price and number of Ordinary Shares issuable upon exercise of the Pre-Funded Warrants is subject to appropriate adjustment in the event
of share dividends, share splits, reorganizations or similar events affecting our Ordinary Shares and the exercise price. Each of the
Pre-Funded Warrants will be issued separately from the Ordinary Shares included in this offering.

Exercisability.
The Pre-Funded Warrants will be exercisable, at the option of each holder, in whole or in part, by delivering to us a duly executed exercise
notice accompanied by payment in full for the number of Ordinary Shares purchased upon such exercise. A holder (together with its affiliates
and other attribution parties) may not exercise any portion of an Pre-Funded Warrant to the extent that immediately after giving effect
to such exercise the holder would own more than 4.99% (or, upon election of the holder, 9.99%) of the outstanding Ordinary Shares immediately
after exercise, which percentage may be changed at the holder’s election to a higher or lower percentage, not to exceed 9.99%, upon
61 days’ notice to us.

Cashless Exercise: If, at any time during the term of the Pre-Funded Warrants, the issuance of Ordinary Shares upon exercise of the Pre-Funded
Warrants is not covered by an effective registration statement, the holder is permitted to effect a cashless exercise of the Pre-Funded
Warrants (in whole or in part) in which case the holder would receive upon such exercise the net number of Ordinary