Company: VCIG
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001213900-25-075843
Chunk: 63

Company: VCI Global Ltd
Filing Date: 2025-08-13
Form: 424B5
Chunk 63
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 it more difficult for us to attract and retain qualified colleagues, executive officers and Board members.

We also expect that operating as a public company
will make it more difficult and more expensive for us to obtain director and officer liability insurance on the terms that we would like.
As a result, it may be more difficult for us to attract and retain qualified people to serve on our Board, our Board committees or as
executive officers.

If we are unable to maintain effective disclosure controls and procedures and internal control over financial reporting, our share price and investor confidence could be materially and adversely affected.

We are required to maintain both disclosure controls
and procedures and internal control over financial reporting that are effective. Because of their inherent limitations, internal control
over financial reporting, however well designed and operated, can only provide reasonable, and not absolute, assurance that the controls
will prevent or detect misstatements. Because of these and other inherent limitations of control systems, there is only the reasonable
assurance that our controls will succeed in achieving their goals under all potential future conditions. The failure of controls by design
deficiencies or absence of adequate controls could result in a material adverse effect on our business and financial results, which could
also negatively impact our stock price and investor confidence.

If we are not able to comply with the applicable continued listing requirements or standards of Nasdaq, Nasdaq could delist our ordinary shares.

Our securities are listed on the Nasdaq Capital
Market. We cannot assure you that our securities will continue to be listed on the Nasdaq Capital Market. In order to maintain our listing
on the Nasdaq Capital Market, we must satisfy minimum financial and other continued listing requirements and standards, including those
regarding director independence and independent committee requirements, minimum shareholders’ equity, minimum share price, and certain
corporate governance requirements. There can be no assurances that we will be able to comply with the applicable listing standards. If
Nasdaq were to delist our ordinary shares, it would be more difficult for our shareholders to dispose of our ordinary shares and more
difficult to obtain accurate price quotations on our ordinary shares. Our ability to issue additional securities for financing or other
purposes, or otherwise to arrange for any financing we may need in the future, may also be materially and adversely affected if our ordinary
shares are not listed on a national securities exchange.

IN ADDITION TO THE ABOVE RISKS, BUSINESSES ARE OFTEN SUBJECT TO RISKS NOT FORESEEN OR FULLY APPRECIATED BY MANAGEMENT