Company: VCIG
Filing Date: 2025-05-22
Form Type: F-3
Source: 0001213900-25-046880
Chunk: 17

Company: VCI Global Ltd
Filing Date: 2025-05-22
Form: F-3
Chunk 17
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 decided not to register as a broker-dealer or act in association with a broker-dealer in our transactions, we may not be able to continue
to operate under our current business model which could have a material adverse effect on our business and financial prospects.

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You may experience future dilution as a result of future equity offerings.

In order to raise additional capital, we may
in the future offer additional shares of our ordinary shares or other securities convertible into or exchangeable for our ordinary shares.
We may not be able to sell shares or other securities in any other offering at a price per share that is equal to or greater than the
price per share paid by investors in this offering, and investors purchasing shares or other securities in the future could have rights
superior to existing stockholders. The price per share at which we sell additional shares of our ordinary shares or other securities
convertible into or exchangeable for our ordinary shares in future transactions may be higher or lower than the price per share in this
offering.

Our management will have broad discretion over the use of the net proceeds from this offering, you may not agree with how we use the proceeds, and the proceeds may not be invested successfully.

Our management will have broad discretion in
the application of the net proceeds from this offering, and our shareholders will not have the opportunity as part of their investment
decision to assess whether the net proceeds are being used appropriately. Because of the number and variability of factors that will
determine our use of the net proceeds from this offering, their ultimate use may vary substantially from their currently intended use.
The failure by our management to apply these funds effectively could harm our business. See “Use of Proceeds” on page 10
of this prospectus for a description of our proposed use of proceeds from this offering.

We may be or become a passive foreign investment company, which could result in adverse U.S. federal income tax consequences to U.S. Holders.

The rules governing
passive foreign investment companies (“PFICs”) can have adverse effects for U.S. federal income tax purposes. The tests for
determining PFIC status for a taxable year depend upon the relative values of certain categories of assets and the relative amounts of
certain kinds of income. The determination of whether we are a PFIC, which must be made annually after the close of each taxable year,
depends on the particular facts and circumstances (such as the valuation of our assets, including goodwill and other intangible