Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 166

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 19
Chunk 166
---
 payment to subcontractor.

  24      EMPLOYEE BENEFIT EXPENSE  
 ────────────────────────────────────

                                       December 31,      December 31,      December 31,                 
                                               2022              2023              2024                 
                                                 RM                RM                RM                 
 ────────────────────────────────────────────────────────────────────────────────────────────────────────
  Wages and salaries                      8,847,798        13,188,086        14,184,501      3,172,983  
  Defined contribution plans                895,795         1,125,737           910,271        203,622  
  Share-based compensation awards                 -         4,451,733           273,635         61,210  
  Directors’ fees                           193,000         5,919,444        15,011,568      3,357,992  
  Other short-term benefits                 651,659            85,668            69,694         15,590  
  Total                                  10,588,252        24,770,668        30,449,669      6,811,397  

Included in wages and salaries, share-based
compensation awards, and directors' fees are amounts of RM1,559,705(US$348,896), RM273,635(US$61,211), and RM6,868,607(US$1,536,464),
respectively, which are payable in share capital (Note 17).

Included in the employee benefit expenses
is remuneration and benefits to key management personnel of the Company (including the remuneration and benefits of certain executive
directors).

                                       December 31,      December 31,      December 31,                 
                                               2022              2023              2024                 
                                                 RM                RM                RM                 
 ────────────────────────────────────────────────────────────────────────────────────────────────────────
  Wages and salaries                      2,449,284         3,258,912         3,752,046        839,309  
  Defined contribution plans                325,751           344,748           348,586         77,977  
  Share-based compensation awards                 -         4,018,274           273,635         61,210  
  Directors’ fees                           388,000         5,