Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 173

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 19
Chunk 173
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)      Liquidity risk management  

Liquidity risk is the risk that the Company will encounter difficulty
in meeting financial obligations due to shortage of funds.

In assessing our liquidity, we monitor
and analyse our cash and cash equivalents and our operating expenditure commitments. Our liquidity needs are to meet our working capital
requirements and operating expenses obligations. To date, we have financed our operations primarily through cash flows from operations,
equity financing, and short-term borrowing from banks and related parties.

Based on the above considerations, management is of the opinion that
the Company has sufficient funds to meet its working capital requirements and debt obligations, for at least the next 12 months from end
of the reporting period. However, there is no assurance that management will be successful in their plans. There are several factors that
could potentially arise that could undermine the Company’s plans, such as changes in the demand for its services, economic conditions,
its operating results not continuing to deteriorate and its bank and shareholders being able to provide continued financial support.

The Company maintains sufficient cash and cash equivalents, and internally
generated cash flows to finance their activities.

Liquidity
risk analyses

Non-derivative
financial liabilities

The following table details the remaining contractual maturity for
non-derivative financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based
on the earliest date on which the Company can be required to pay. The table includes both interest and principal cash flows. The
adjustment column represents the possible future cash flows attributable to the instrument included in the carrying amount of the financial
liabilities on the statement of financial position.

                              Weighted                          On                                                                        
                              average                           demand                                                                    
                              effective                         or within                      Within                                     
                              interest rate                     1 year                         2 to 5 years                               
                              %                                 RM                             RM                                         
  2024                                                                                                                                    
  Non-interest bearing                           -                             21,914,992                        -            21,914,992  
  Fixed interest rate                            3.5 - 5%                         717,300                        167,879         885,179  
  Variable interest rate                         BLR+ 2.6%                         98,059                        117,300         215,359  
  Total                                                                        22,730,351                        285,179      23,015,530  
  2023                                                                                                                                    
  Non-interest bearing                           -                             20,684,288                        -