Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 104

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 104
---
 or the Company’s memorandum and articles of association, the court can issue a restraining or compliance order. Shareholders can also bring derivative, personal and representative actions under certain circumstances. Where a shareholder of a company considers that the affairs of the company have been, are being or are likely to be conducted in a manner likely to be oppressive, unfairly discriminating or unfairly prejudicial to him, he may apply to the court for an order in respect of such conduct. Any shareholder of a company may apply to court for the appointment of a liquidator for the company and the court may appoint a liquidator for the company if it is of the opinion that it is just and equitable to do so.

The BVI Act provides that any shareholder of a company is entitled to payment of the fair value of its ordinary shares upon dissenting from any of the following:

| (a) | a                                                 
 merger (except in certain limited circumstances); |

| (b) | a              
 consolidation; |

| (c) | any                                                                                              
 sale, transfer, lease, exchange or other disposition of more than 50 per cent in value of        
 the assets or business of the company if not made in the usual or regular course of the business 
 carried on by the company but not including:                                                     |

| (i) | a                                                                                
 disposition pursuant to an order of the court having jurisdiction in the matter, |

| (ii) | a                                                                                                
 disposition for money on terms requiring all or substantially all net proceeds to be distributed 
 to the members in accordance with their respective interest within one year after the date       
 of disposition, or                                                                               |

| (iii) | a                                                                                              
 transfer pursuant to the power of the directors to transfer assets for the protection thereof; |

| (d) | a                                                                                               
 redemption of 10 per cent, or fewer of the 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'>40</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