Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 49

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 49
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ers requiring disclosure within four (4) business days of any determination to grant a waiver of the code of business conduct and ethics to directors and officers. Although we will require board approval of any such waiver, we may choose not to disclose the waiver in the manner set forth in the Nasdaq rules, as permitted by the foreign private issuer exemption. |

Furthermore, Nasdaq Rule 5615(a)(3) provides that a foreign private issuer, such as us, may rely on our home country corporate governance practices in lieu of certain of the rules in the Nasdaq Rule 5600 Series and Rule 5250(d), provided that we nevertheless comply with Nasdaq’s Notification of Non-compliance requirement (Rule 5625), the Voting Rights requirement (Rule 5640) and that we have an audit committee that satisfies Rule 5605(c)(3), consisting of committee members that meet the independence requirements of Rule 5605(c)(2)(A)(ii). If we rely on our home country corporate governance practices in lieu of certain of the rules of Nasdaq, our shareholders may not have the same protections afforded to shareholders of companies that are subject to all of the corporate governance requirements of Nasdaq. If we choose to do so, we may utilize these exemptions for as long as we continue to qualify as a foreign private issuer.

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RISK FACTORS</div>

Investing in our securities involves a high degree
of risk. Before deciding whether to purchase any of our securities, you should carefully consider the risks and uncertainties described
below, in the section titled “Risk Factors” in our Annual Report on Form 20-F, and in other documents that we subsequently
file with the SEC that update, supersede or supplement such information, which are incorporated by reference into this prospectus, and
in any free writing prospectus that we have authorized for use in connection with this offering. If any of these risks actually occur,
our business, financial condition and results of operations could be materially and adversely affected and we may not be able to achieve
our goals, the value of our securities could decline and you could lose some or all of your investment. Additional risks not presently
known to us or that we currently deem immaterial may also impair our business operations. If any of these risks occur, the trading price
of our ordinary shares could decline materially and you could lose all or part of your investment.

Risks Related to Our Business and Operations

We are a growing company with a limited operating history.