Company: VCIG
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001213900-25-075843
Chunk: 98

Company: VCI Global Ltd
Filing Date: 2025-08-13
Form: 424B5
Chunk 98
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 issued shares of the company required by the holders of 90 per cent, or more of the shares of the company pursuant to 
 the terms of the Act; and                                                                                                             |

| (e) | an arrangement, if permitted 
 by the court.                |

<div align='center'>39</div>

Generally any other claims against a company by
its members must be based on the general laws of contract or tort applicable in the British Virgin Islands or their individual rights
as members as established by the company’s memorandum and articles of association.

The rights of our shareholders and the fiduciary
responsibilities of our directors under British Virgin Islands law are not as clearly established as they would be under statutes or judicial
precedents in the United States. In particular, the British Virgin Islands has no securities laws as compared to the United States, and
it is possible that there is less protection to investors in many instances. In addition, shareholders of British Virgin Islands companies
may not have standing to initiate a shareholder derivative action before the federal courts of the United States.

Because we are a company founded in one jurisdiction,
operating in another jurisdiction with shareholders from several jurisdictions and securities trading in the United States. our shareholders
may have more difficulties in protecting their interests through actions against our management, directors or major shareholders than
would shareholders of a corporation incorporated and operating in a jurisdiction in the United States.

We have been advised that no foreign judgment
has any direct operation in the BVI, but it may be enforced by action at common law or in the case of judgments from certain jurisdictions
by registration under the Foreign Judgments Reciprocal Enforcement Ordinance or the Reciprocal Enforcement of Judgments Act in the BVI.
It should be noted that not every foreign judgment is capable of enforcement. Some may lend themselves only to recognition by the BVI
courts. The Reciprocal Enforcement of Judgments Act (As Revised) and the Foreign Judgments (Reciprocal Enforcement) Ordinance (As Revised)
does not extend to Israel or the United States of America and thus enforcement by common law is applicable. Under common law, any final
and conclusive money judgment for a definite sum obtained against the debtor in the courts of a foreign jurisdiction is treated by the
BVI courts as a cause of action for debt itself so that no retrial of the issues is necessary provided that in respect of the foreign
judgment:

| (i) | the U.S. court issuing the judgment had jurisdiction                                                                                      
 in the matter and the company