Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 71

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 71
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 governance practices. We expect that compliance with these requirements will
increase our legal and financial compliance costs and will make some activities more time consuming and costly. The Exchange Act requires,
among other things, that we file annual and current reports with respect to our business and results of operations. We expect to incur
significant expenses and devote substantial management effort toward ensuring compliance with the auditor attestation requirements of
Section 404 of the Sarbanes-Oxley Act, which will increase when we are no longer an “emerging growth company,” as defined
by the JOBS Act. We may need to hire additional accounting and financial staff with appropriate public company experience and technical
accounting knowledge. We cannot predict or estimate the amount of additional costs we may incur as a result of becoming a public company
or the timing of such costs. As a result, management’s attention may be diverted from other business concerns, which could adversely
affect our business and results of operations.

In addition, changing laws, regulations and standards
relating to corporate governance and public disclosure are creating uncertainty for public companies, increasing legal and financial compliance
costs and making some activities more time consuming. These laws, regulations and standards are subject to varying interpretations, in
many cases due to their lack of specificity, and as a result, their application in practice may evolve over time as regulatory and governing
bodies provide new guidance. These factors could result in continuing uncertainty regarding compliance matters and higher costs necessitated
by ongoing revisions to disclosure and governance practices. We will continue to invest resources to comply with evolving laws, regulations
and standards, and this investment may result in increased general and administrative expenses and a diversion of management’s time
and attention from revenue-generating activities to compliance activities. If our efforts to comply with new laws, regulations and standards
differ from the activities intended by regulatory or governing bodies due to ambiguities related to their application and practice, regulatory
authorities may initiate legal proceedings against us, and our business could be adversely affected.

As a result of disclosure of information as a
public company, our business and financial condition have become more visible, which may result in threatened or actual litigation, including
by competitors and other third parties. If the claims are successful, our business operations and financial results could be adversely
affected, and even if the claims do not result in litigation or are resolved in our favor, these claims, and the time and resources necessary
to resolve them, could divert the resources of our management and adversely affect our business operations