Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 78

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 78
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 will perform
the procedure necessary to update the register of members to record and give effect to the issuance of shares by us to the Depositary
(or its nominee) as the depositary. Once our register of members has been updated, the shareholders recorded in the register of members
will be deemed to have legal title to the shares set against their name.

If the name of any person is incorrectly entered
in or omitted from our register of members, or if there is any default or unnecessary delay in entering on the register the fact of any
person having ceased to be a member of our Company, the person or member aggrieved (or any member of our Company or our Company itself)
may apply to the High Court of the British Virgin Islands for an order that the register be rectified, and the Court may either refuse
such application or it may, if satisfied of the justice of the case, make an order for the rectification of the register.

Differences in Corporate Law

The BVI Act differs from laws applicable to United
States corporations and their shareholders. Set forth below is a summary of the significant differences between the provisions of the
BVI Act applicable to us and the laws applicable to companies incorporated in the State of Delaware.

Mergers and Similar Arrangements.Under
the BVI Act two or more companies, each a “constituent company”, may merge or consolidate. A merger involves the merging of
two or more companies into one of the constituent companies (to the merger) with one constituent company continuing in existence to become
the surviving company post-merger. A consolidation involves two or more companies consolidating into a new company.

A merger is effective on the date that the articles
of merger (as described below) are registered by the Registrar of Corporate Affairs in the BVI, or on such later date, not exceeding 30
days from the date of registration as is stated in the articles of merger.

The BVI Act provides that any member of the Company
is entitled to payment of the fair value of his shares upon dissenting from a merger, unless the Company is the surviving company of the
merger and the member continues to hold the same or similar shares. The following is a summary of the position under the BVI Act.

<div align='center'>22</div>

A dissenter is in most circumstances required
to give to the Company written objection to the merger, which must include a statement that the dissenter proposes to demand payment for
his shares if the merger takes