Company: VCIG
Filing Date: 2025-05-22
Form Type: F-3
Source: 0001213900-25-046880
Chunk: 2

Company: VCI Global Ltd
Filing Date: 2025-05-22
Form: F-3
Chunk 2
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, 2025

Up to 55,263,586

Ordinary Shares</div>

This prospectus supplement relates to the resale of up to 55,263,586
of our ordinary shares, no par value per share (the “”), to Alumni Capital LP (“” or the “”), which include up to 35,263,586 ordinary shares (the “Purchase
Shares”) that may be issued and sold to the Selling Shareholder pursuant to the Purchase Agreement (the “”)
dated August 1, 2024 and amended on September 27, 2024, April January 13, 2025, April 8, 2025 and May 21, 2025, between us and Alumni
Capital, at a purchase price per share calculated under the Purchase Agreement and (ii) 20,000,000 ordinary shares that can be underlying
a three-year ordinary share purchase warrant (the “”) that we issued to the Selling Shareholder as
a commitment fee.

See “The Alumni Capital Transaction”
for a description of the Purchase Agreement and “Selling Shareholder” for additional information regarding Alumni
Capital.

The Selling Shareholder may sell or otherwise
dispose of the Selling Shareholder Shares described in this prospectus in a number of different ways and at varying prices. See “Plan
of Distribution” for more information about how the Selling Shareholder may sell or otherwise dispose of the Selling Shareholder
Shares being registered pursuant to this prospectus. The Selling Shareholder is an “underwriter” within the meaning of Section
2(a)(11) of the Securities Act of 1933, as amended.

The Selling Shareholder will pay all brokerage
fees and commissions and similar expenses. We will pay the expenses (except brokerage fees and commissions and similar expenses) incurred
in registering the Selling Shareholder Shares, including legal and accounting fees. See “Plan of Distribution.”

This offering will terminate on the date that
all of the Selling Shareholder Shares offered by this prospectus have been sold by the Selling Shareholder.

Our ordinary shares are listed on the Nasdaq Capital Market (“”)
under the symbols “VCIG.” On May 21, 2025, the last reported sale price of our ordinary shares on Nasdaq was $3.05 per share.

Investing in our securities involves a high degree of risk. See “Risk Factors” section beginning on page 8.

We are an “emerging growth company,”
as that term is defined under the federal