Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 62

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 4A
Chunk 62
---
           7,274      14,844.90  
  Wage Subsidy                                                                                       -            -               29,900        1.73         (29,900           (100  
  Gain on disposal of investment                                                                     -            -            1,542,200       89.02      (1,542,200           (100  
  Gain on disposal of property, plant and equipment                                                  -            -                6,501        0.38          (6,501           (100  
  Other income – IPO Conference                                                                      502,949      109,592              -           -         502,949            100  
  Reimbursement income for expenses incurred                                                         241,979      52,726         153,693        8.87          88,286          57.44  
  Total                                                                                              752,251      163,914      1,732,343      100.00         980,092          56.58  

Other income was MYR752,251 (USD163,914) and MYR1,732,343
(USD393,491) in fiscal year ended December 31, 2023 and 2022 respectively.

Reimbursement income
for expenses incurred in the year ended 2022 and 2023 relates to the monthly out-of-pocket expenses charged by Imej Jiwa Communications
Sdn Bhd to their clients for the investor relation services.

Operating Costs

The following table sets forth the breakdown of
our operating costs for the fiscal years ended December 31, 2023 and 2022:

 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Consultant fee                                 11,075,069       2,413,237       18.79       1,884,806        8.00       9,190,263        487.60  
  IT expenses                                     1,098,800         239,426        1.84       5,724,360       24.28      (4,625,560        (80.80  
  Subscription fee                                  140,982          30,720        0.24          14,125        0.06         126,857        898.10  
  Referral fee                                    2,534,502         552,263        4.30