Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 53

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 4A
Chunk 53
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190        1.73      241,979      (223,249       (92.26  
  Others                                                                                        111,430       24,926       10.32      -             111,430       100.00  
  Total                                                                                       1,080,007      241,591      100.00      752,251       327,756        43.57  

Other income was MYR1,080,007 (USD241,591) and
MYR752,251 (USD163,914) in fiscal year ended December 31, 2024 and 2023 respectively.

Reimbursement income
for expenses incurred in the year ended 2023 and 2024 relates to the monthly out-of-pocket expenses charged by Imej Jiwa Communications
Sdn Bhd to their clients for the investor relation services.

Operating Costs

The following table sets forth the breakdown of
our operating costs for the fiscal years ended December 31, 2024 and 2023:

 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Consultant fee                                  9,810,454       2,194,536       10.77      11,075,069       18.79      (1,264,615      (11.42  
  IT expenses                                    10,767,202       2,408,554       11.82       1,098,800        1.84       9,668,402      879.91  
  Subscription fee                                   48,691          10,892        0.05         140,982        0.24         (92,291      (65.46  
  Referral fee                                      809,764         181,139        0.89       2,534,502        4.30      (1,724,738      (68.05  
  Other cost of services                            684,292         153,072        0.75         534,664        0.91         149,628       27.99  
  Depreciation                                    1,064,216         238,058        1.17         742,945        1.26         321,271       43.24  
  Amortisation                                      929,796         207,989        1