Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 150

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 19
Chunk 150
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890      27,644,482  
                                                        38,368,829       127,618,662      28,547,482  

Quoted securities

In 2022, the Company holds equity interest
of14.55% in Treasure Global Inc (“ TGL”), a company that is listed on the Nasdaq Stock Market. In January 2023, the Company
has disposed its entire14.55% shareholdings in TGL shares.

In December 2024, the Company acquired700,000ordinary shares in Founder Group Limited, an entity listed on Nasdaq Stock Exchange, valued at US$903,000.

Unquoted securities

(1)In May 2023, the Company
acquired 500 1,500,000

(2)In October 2023, the
Company received a total of 800,000 1,600,000

(3)In D ecember
2023, the Company acquired approximately 4.9 1,631,700 4,895,100

In
September 2024, the Company disposed of its entire investment in YY Group Holding Limited to a third party, resulting in a loss on investment
of US$ 157,279

(4) In December 2024, the Company acquired approximately32%, or8,118,827ordinary shares, in Reveillon Group Limited, an entity incorporated
in the British Virgin Islands, valued at US$24,356,481.

(5) 70 20

For the financial year ended December
31, 2024, the Company assessed its fair value for investment in Elmu Group, and identified a significant decline in the fair value of
Elmu Group due to deteriorating financial performance. As a result, fair value loss of RM 319,999 (USD71,582) was recognized in the consolidated
statement of comprehensive income and profit and loss.

F-28

(6) On December 20, 2024, the Company acquired approximately0.3% of ownership interest in Marvis Inc, an entity incorporated in Delaware,
valued at US$100,000.

During
the financial year ended December 31, 2024, the Company disposed its investment in Agroz Inc, Fintech Scion Limited and Treasure Global
Inc at cost for total consideration of US$ 16,096,482

During the financial year December 31,
2023 and 2024, the fair value of