Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 97

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 97
---
 the outstanding debt securities of an affected series may waive any default or event of default with respect to the series and its consequences, except defaults or events of default regarding payment of principal, premium, if any, or interest, unless we have cured the default or event of default in accordance with the indenture. Any waiver shall cure the default or event of default.

Subject to the terms of the indenture, if an event of default under an indenture shall occur and be continuing, the trustee will be under no obligation to exercise any of its rights or powers under such indenture at the request or direction of any of the holders of the applicable series of debt securities, unless such holders have offered the trustee reasonable indemnity. The holders of a majority in principal amount of the outstanding debt securities of any series will have the right to direct the time, method and place of conducting any proceeding for any remedy available to the trustee, or exercising any trust or power conferred on the trustee, with respect to the debt securities of that series, provided that:

| ● | the                                                                                           
 direction so given by the holder is not in conflict with any law or the applicable indenture; 
 and                                                                                           |

| ● | subject                                                                                   
 to its duties under the Trust Indenture Act of 1939 (“Trust Indenture Act”),              
 the trustee need not take any action that might involve it in personal liability or might 
 be unduly prejudicial to the holders not involved in the proceeding.                      |

A holder of the debt securities of any series will have the right to institute a proceeding under the indenture or to appoint a receiver or trustee, or to seek other remedies only if:

| ● | the                                                                                          
 holder has given written notice to the trustee of a continuing event of default with respect 
 to that series;                                                                              |

| ● | the                                                                                      
 holders of at least 25% in aggregate principal amount of the outstanding debt securities 
 of that series have made written request;                                                |

<div align='center'>35</div>

| ● | such                                                                                         
 holders have offered to the trustee indemnity satisfactory to it against the costs, expenses 
 and liabilities to be incurred by the trustee in compliance with the request; and            |

| ● | the                                                                                               
 trustee does not institute the proceeding, and does not receive from the holders of a majority    
 in aggregate principal amount of the outstanding debt securities of that series other conflicting 
 directions within 90 days after the notice, request and offer.                                    |

These limitations do not apply to a suit instituted by a