Company: VCIG
Filing Date: 2025-05-22
Form Type: F-3
Source: 0001213900-25-046880
Chunk: 19

Company: VCI Global Ltd
Filing Date: 2025-05-22
Form: F-3
Chunk 19
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States, any state thereof or the District of Columbia; (iii) an estate the income of which is subject to U.S. federal income taxation
regardless of its source; or (iv) a trust (a) if a court within the U.S. can exercise primary supervision over its administration, and
one or more U.S. persons have the authority to control all of the substantial decisions of that trust, or (b) that was in existence on
August 20, 1996, and validly elected under applicable Treasury Regulations to continue to be treated as a domestic trust.

Investors should consult
their own legal and tax advisors regarding all aspects of the application of the PFIC rules to ordinary shares.

If tax authorities were
to successfully challenge our transfer pricing, there could be an increase in our overall tax liability, which could adversely affect
our financial condition, results of operations and cash flows. In addition, the tax laws in the jurisdictions in which we operate are
subject to differing interpretations. Tax authorities may challenge our tax positions, and if successful, such challenges could increase
our overall tax liability. In addition, the tax laws in the jurisdiction in which we operate are subject to change. We cannot predict
the timing or content of such potential changes, and such changes could increase our overall tax liability, which could adversely affect
our financial condition, results of operations and cash flows.

IN ADDITION TO THE ABOVE RISKS, BUSINESSES ARE OFTEN SUBJECT TO RISKS NOT FORESEEN OR FULLY APPRECIATED BY MANAGEMENT. IN REVIEWING THIS FILING, POTENTIAL INVESTORS SHOULD KEEP IN MIND THAT OTHER POSSIBLE RISKS MAY ADVERSELY IMPACT THE COMPANY’S BUSINESS OPERATIONS AND THE VALUE OF THE COMPANY’S SECURITIES.

<div align='center'>9

USE OF PROCEEDS</div>

We will not receive any proceeds from the sale
of the Selling Shareholder Shares by the Selling Shareholder. All net proceeds from the sale of the Selling Shareholder Shares covered
by this prospectus will go to the Selling Shareholder. We expect that the Selling Shareholder will sell the Selling Shareholder Shares
as described under “Plan of Distribution”. Any proceeds from the Selling Shareholder that we receive under the Purchase Agreement
and the Commitment Warrant are expected to be used for general corporate purposes, including working capital.

<div align='center'>SELLING SHAREHOLDER</div>

The Selling Shareholder Shares being offered by
the Selling Share