Company: VCIG
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001213900-25-075843
Chunk: 11

Company: VCI Global Ltd
Filing Date: 2025-08-13
Form: 424B5
Chunk 11
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17, 2024, under our registration statement on Form F-3 (File No. 333-279521) (the “Shelf Registration Statement”),
which covered the unused portion of the Commitment Amount of $20,077,348 and the exercise of up to $6,000,000 of our ordinary shares underlying
the Commitment Warrant.

On January 13, 2025, the Company entered into
an Amended Modification Agreement to the Purchase Agreement with Alumni Capital to, among other things, increase the Commitment Amount
to $135,000,000, increase the purchase price payable by Alumni Capital under the Purchase Agreement and lower the number of Warrant Shares
as a percentage that is required to be underling the Purchase Warrant.

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On January 22, 2025, we filed a prospectus supplement,
dated as of January 22, 2025 to the prospectus supplement dated December 17, 2024, related to the Shelf Registration Statement that increased
the Commitment Amount from $26,077,348 to $120,077,348 and the exercise of our ordinary shares underlying the Commitment Warrant from
$6,000,000 to $19,250,000.

On April 8, 2025, the Company entered into a Modification
Agreement with Alumni Capital to, among other things, revise the exercise price per Warrant Share to be calculated by dividing $10,000,000
by the total number of shares of Ordinary Shares issued and outstanding as of the Exercise Date, subject to adjustment.

We are eligible to have our securities registered
on Form F-3 pursuant to Instruction I.B.1 of Form F-3 because the aggregate market value of our outstanding ordinary shares held by non-affiliates
was in excess of $75 million after May 13, 2025 (the “20-F Filing Date”), the date we filed our Annual Report on 20-F for
fiscal year end December 31, 2024. On May 8, 2025, the closing price of our ordinary shares was $5.99 per share, which was within 60 days
of the 20-F Filing Date and we had 12,855,572 issued and outstanding ordinary shares that were held by non-affiliates within 60 days of
the 20-F Filing Date.

On May 21, 2025, the Company entered