Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 23

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 3
Chunk 23
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 succeed in achieving their goals under all potential future conditions. The failure of controls by design
deficiencies or absence of adequate controls could result in a material adverse effect on our business and financial results, which could
also negatively impact our stock price and investor confidence.

If we are not able to comply with the applicable
continued listing requirements or standards of Nasdaq, Nasdaq could delist our ordinary shares.

Our securities are listed on the Nasdaq Capital
Market. We cannot assure you that our securities will continue to be listed on the Nasdaq Capital Market. In order to maintain our listing
on the Nasdaq Capital Market, we must satisfy minimum financial and other continued listing requirements and standards, including those
regarding director independence and independent committee requirements, minimum shareholders’ equity, minimum share price, and certain
corporate governance requirements. There can be no assurances that we will be able to comply with the applicable listing standards. If
Nasdaq were to delist our ordinary shares, it would be more difficult for our shareholders to dispose of our ordinary shares and more
difficult to obtain accurate price quotations on our ordinary shares. Our ability to issue additional securities for financing or other
purposes, or otherwise to arrange for any financing we may need in the future, may also be materially and adversely affected if our ordinary
shares are not listed on a national securities exchange.

Item 4. INFORMATION ON THE COMPANY