Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 64

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 4A
Chunk 64
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 customers directly.                                               
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  (4)      Subscription fee increased by MYR126,857 (USD27,512) from MYR14,125 (USD3,208) in                                                       
           fiscal year 2022 to MYR 140,982 (USD30,720) in fiscal year 2023 due to an additional subscription to a service provider which provides  
           media monitoring, analytics and insight solutions.                                                                                      
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  (5)      Referral fee was MYR2,534,502 (USD552,263) for the fiscal year 2023 and Nil                                          
           for the fiscal year 2022. Referral fees were paid for the introduction of new projects for the consulting services.  
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  (6)      Other cost of services increased by MYR502,066 (USD109,099) from MYR32,598                                                                          
           (USD7,404) in fiscal year 2022 to MYR534,664 (USD116,503) in fiscal year 2023 major due to fees paid to the sub-contractors and also accreditation  
           fees.                                                                                                                                               
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  (7)      For the fiscal year 2023, depreciation was MYR742,946 (USD161,887), an                                                                  
           increase of MYR275,330 (USD55,671) compared with MYR467,616 (USD106,216) in fiscal year 2022, primarily due to additional fixed assets  
           acquired during the year, such as renovation for our newly leased offices and campus, computer software and office equipment.           
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  (8)      Directors’ fee increased from MYR193,000 (USD43,839) in fiscal year 2022 to MYR5,919,444                                                
           (USD1,289,836) in fiscal year 2023, with an increase of MYR5,726,444 (USD1,245,997) or approximately 2,967