Company: VCIG
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001213900-25-075843
Chunk: 58

Company: VCI Global Ltd
Filing Date: 2025-08-13
Form: 424B5
Chunk 58
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 to transact business with affiliates, could make it impractical for us to continue our business as currently
conducted and would have a material adverse effect on our business, financial condition, results of operations and the price of our ordinary
shares. In addition, we may be required to limit the amount of investments that we make as a principal or otherwise conduct our business
in a manner that does not subject us to the registration and other requirements on the 1940 Act.

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Our founding shareholder, Chairman and Chief Executive Officer, Victor Hoo beneficially own 29.52% of our outstanding ordinary shares and, together with his spouse, beneficially own 41.17% of our outstanding ordinary shares, and this concentration of ownership and voting power will limit your ability to influence corporate matters.

Victor Hoo, our Chairman and Chief Executive Officer,
continues to control our Company through his beneficial ownership of 29.52% of our outstanding ordinary shares and, together with his
spouse, Karen Liew, our Executive Director, beneficially own 41.14% of our outstanding ordinary shares. As a result, so long as Victor
Hoo and Karen Liew beneficially own more than 50% of the outstanding ordinary shares he will be able to effectively control our decisions
and will be able to elect a majority of the members of our board of directors. Victor Hoo and Karen Liew will also be able to direct our
actions in areas such as business strategy, financing, distributions, acquisitions and dispositions of assets or businesses, and may cause
us to make acquisitions that increase the amount of our indebtedness or number of our outstanding ordinary shares.

Our Memorandum and Articles of Association contains anti-takeover provisions which may discourage a third-party from acquiring us and adversely affect the rights of holders of our ordinary shares.

Our Memorandum and Articles of Association contain
certain provisions that could limit the ability of others to acquire control of our company, including provisions that:

| ● | institute a staggered board                                                                    
 of directors and restrictions on our shareholders to fill a vacancy on the board of directors; |

| ● | impose advance notice requirements          
 for shareholder proposals and meetings; and |

| ● | expressly provide that the                                                                                                             
 business and affairs of the Company shall be managed by, or under the direction or supervision of, the board of directors – and        
 that the board of directors have all powers necessary for managing, and for directing and supervising, the business