Company: VCIG
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001213900-25-075843
Chunk: 17

Company: VCI Global Ltd
Filing Date: 2025-08-13
Form: 424B5
Chunk 17
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, as amended (the “1940
Act”) if: (a) it is or holds itself out as being engaged primarily, or proposes to engage primarily, in the business of investing,
reinvesting or trading in securities, or (b) absent an applicable exemption, it owns or proposes to acquire investment securities having
a value exceeding 40% of the value of its total assets (exclusive of U.S. government securities and cash items) on an unconsolidated basis.
We believe that we are engaged primarily in the business of providing business and technology consulting services and not in the business
of investing, reinvesting or trading in securities. We hold ourselves out as a business consulting firm and do not propose to engage primarily
in the business of investing, reinvesting or trading in securities. In that respect, we do not believe that we fall within the definition
of an “investment company” under the 1940 Act because substantially all of our revenue has come from consulting fees and other
factors such as the history of the Company, how the Company has represented itself in the marketplace and the lack of investing expertise
by almost all of senior management.

The 1940 Act and the
rules thereunder contain detailed parameters for the organization and operation of investment companies. Among other things, the 1940
Act and the rules thereunder limit or prohibit transactions with affiliates, impose limitations on the issuance of debt and equity securities,
generally prohibit the issuance of options and impose certain governance requirements. We intend to conduct our operations so that we
will not be deemed an investment company. However, if we were to be deemed an investment company, restrictions imposed by the 1940 Act,
including limitations on our capital structure and our ability 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.

In the event we are required to register as a broker-dealer, our business model could be harmed.

We do not believe our
current business practices or operations require us to register as a broker-dealer under US federal and state laws. We restrict our activities
and services so as to not be deemed a