Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 170

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 19
Chunk 170
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  Categories of financial instruments  

The following table sets out the financial
instruments as at the end of the reporting period:

                                                                        RM                                RM                                             
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                        December 31,                      December 31,                                   
  Financial assets                                                                                                                                       
  Cash and bank balances                                                                   4,637,279                         36,214,258       8,100,899  
  Trade and other receivables (excluding prepayments)                                     28,482,963                         86,627,637      19,378,051  
  Loan receivables                                                                        36,576,636                         75,307,561      16,845,821  
  Finance assets, at fair value through other comprehensive income                        38,368,829                        127,618,662      28,547,482  
  Finance assets, at fair value through profit or loss                                        72,793                                  -               -  
  Financial liabilities                                                                                                                                  
  Trade and other payables                                                                19,383,929                         19,737,412       4,415,133  
  Bank and other borrowings                                                                  922,599                            815,359         182,391  
  Amount due to related parties                                                            1,300,359                          2,177,580         487,111  
  Warrant liabilities                                                                      1,964,335                            148,887          33,305  

  Financial instruments                                                                  

The Company does not have any financial instruments which are subject
to enforceable master netting arrangements or similar netting agreements.

  Financial risk management policies and objectives  

Management monitors and manages the financial risks relating to the
operations of the Company to ensure appropriate measures are implemented in a timely and effective manner. These risks include market
risk (including foreign currency risk and interest rate risk), credit risk and liquidity risk.

  (i)      Market risk management  

The Company’s activities are exposed primarily to the financial
risks of changes in foreign currency exchange rates and interest rates. Management monitors risks associated with changes in foreign currency
exchanges rates and interest rates and will consider appropriate measures should the need arise.

There has been no significant change to the Company’s exposure
to market risk or the manner in which it manages and measures the risk.

  (ii)      Foreign currency risk management  

The Company