Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 98

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 10
Chunk 98
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Item 10. ADDITIONAL INFORMATION

A. Share Capital

Not applicable.

B. Memorandum and Articles of Association

The information contained in our Registration Statement on Form F-1
(File No. 333-275239), as amended, declared effective by the SEC on January 11, 2024, under the heading “ Description of Securities”
is hereby incorporated by reference.

C. Material Contracts

We have not entered into any material contracts
other than in the ordinary course of business and other than those described in “ Item 4. Information on the Company” or elsewhere
in this annual report.

D. Exchange Controls

See “ Item 4. Information on the Company - B.
Business Overview - Regulations - Regulations Relating to Foreign Exchange Control.”

E. Taxation

British Virgin Islands Taxation

The Company and all dividends, interest, rents,
royalties, compensation and other amounts paid by the Company to persons who are not resident in the BVI and any capital gains realized
with respect to any shares, debt obligations, or other securities of the Company by persons who are not resident in the BVI are exempt
from all provisions of the Income Tax Ordinance in the BVI.

No estate, inheritance, succession or gift tax,
rate, duty, levy or other charge is payable by persons who are not resident in the BVI with respect to any shares, debt obligation or
other securities of the Company.

All instruments relating to transfers of property
to or by the Company and all instruments relating to transactions in respect of the shares, debt obligations or other securities of the
Company and all instruments relating to other transactions relating to the business of the Company are exempt from payment of stamp duty
in the BVI. This assumes that the Company does not hold an interest in real estate in the BVI.

There are currently no withholding taxes or exchange
control regulations in the BVI applicable to the Company or its members.

Material United States Federal Income Tax Considerations

The following is a discussion of certain material
United States federal income tax considerations relating to the acquisition, ownership, and disposition of our ordinary shares by a U. S.
Holder, as defined below, that acquires our ordinary shares in our initial public offering and holds our ordinary shares as “capital
assets” (generally, property held for investment) under the United States Internal Revenue Code of 1986, as amended (the “ Code”).
This discussion is based on existing United States federal income tax law, which is subject to differing interpretations