Company: VCIG
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001213900-25-075843
Chunk: 49

Company: VCI Global Ltd
Filing Date: 2025-08-13
Form: 424B5
Chunk 49
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 under the Exchange Act, as a foreign
private issuer. Because we qualify as a foreign private issuer under the Exchange Act, we will be exempt from certain provisions of the
Exchange Act that are applicable to U.S. public companies, including: the sections of the Exchange Act regulating the solicitation of
proxies, consents or authorizations in respect of a security registered under the Exchange Act; the sections of the Exchange Act requiring
insiders to file public reports of their share ownership and trading activities and liability for insiders who profit from trades made
in a short period of time; and the rules under the Exchange Act requiring the filing with the SEC of quarterly reports on Form 10-Q containing
unaudited financial and other specified information, or current reports on Form 8-K, upon the occurrence of specified significant events.
In addition, we will not be required to provide as detailed disclosure as a U.S. registrant, particularly in the area of executive compensation.
It is possible that some investors may not be as interested in investing in our ordinary shares as the securities of a U.S. registrant
that is required to provide more frequent and detailed disclosure in certain areas, which could adversely affect our share price.

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As a foreign private issuer and as permitted by the listing requirements of Nasdaq, we may follow certain BVI corporate governance rules instead of certain corporate governance requirements of Nasdaq.

As a foreign private issuer, we may follow certain
of our home country corporate governance rules instead of certain corporate governance requirements of Nasdaq. For example, we are exempt
from Nasdaq regulations that require a listed U.S. company to:

| ● | have a majority of the board                                                     
 of directors consist of independent directors as such term is defined by Nasdaq; |

| ● | have nominating and compensations                            
 committees that are fully independent, as defined by Nasdaq; |

| ● | solicit proxies and provide                        
 proxy statements for all shareholder meetings; and |

| ● | seek shareholder approval for                                                    
 the implementation of certain equity compensation plans and issuances of shares. |

To the extent we determine to follow BVI corporate
governance practices instead of Nasdaq governance requirements applicable to domestic issuers, you may not have the same protections afforded
to shareholders of companies that are subject to these Nasdaq requirements.

We may lose our foreign private issuer status, which would then require us to comply with the Exchange Act’s domestic reporting regime and cause us to incur additional legal, accounting and