Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 6

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 3
Chunk 6
---
 plan to expand in the future, we believe
we will become subject to various risks related to AI and technology, including the following:

  AI and AI-related markets are still in their infancy in comparison                                               

  AI is a fast-growing industry, and we must successfully adapt                                                                                

  Failure to attract and retain additional qualified personnel                                  

  The information that AI learns may include highly confidential                                                                           
  information. In the unlikely event of a leakage of such confidential information, our credibility may be negatively impacted, which may  
  affect our business, operating results, and financial condition.                                                                         
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  AI algorithms heavily rely on data for training and decision-making.                                                                    

  Handling sensitive personal information (e.g., financial                                                                                    

  While AI models can excel in specific tasks (e.g., property                                                                                   
  valuation, demand prediction), scaling them across diverse markets or adapting them to unique local contexts remains a challenge. Consulting  
  services and technology markets vary significantly by location and regulations. AI models must adapt to local nuances. A one-size-fits-all    
  approach may not work.                                                                                                                        
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Developing, deploying, and maintaining AI systems involve                                                               
  significant costs. Small businesses may struggle to afford AI solutions, limiting their access to advanced technology.  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  The consulting services in the business and technology industries                                                                            
  are influenced by economic cycles, geopolitical events, and unforeseen crises. AI models trained on historical data may struggle to predict  
  sudden shifts or adapt to unprecedented situations.                                                                                          
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Beyond technical challenges, ethical dilemmas may arise because  
  of the use of AI technology.                                     
 ───────────────────────────────────────────────────────────────────

Risks Related to investing in a foreign private
issuer and BVI Company

We may not be able to pay any dividends
on our ordinary shares in the future due to BVI law.

Under BVI law, we may only pay dividends to our
shareholders if the value of our assets exceeds our liabilities and we are able to pay our debts as they become due. We cannot give any
assurance that we will declare dividends