Company: VCIG
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001213900-25-075843
Chunk: 53

Company: VCI Global Ltd
Filing Date: 2025-08-13
Form: 424B5
Chunk 53
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 the purpose of determining PFIC status will depend in part on the market price of our ordinary shares, which may fluctuate
significantly. We do not expect to be a PFIC for our current taxable year or in the foreseeable future. However, there can be no assurance
that we will not be considered a PFIC for any taxable year.

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If we are a PFIC, a U.S. Holder (defined below)
would be subject to adverse U.S. federal income tax consequences, such as ineligibility for any preferred tax rates on capital gains or
on actual or deemed dividends, interest charges on certain taxes treated as deferred, and additional reporting requirements under U.S.
federal income tax laws and regulations. A U.S. Holder may in certain circumstances mitigate adverse tax consequences of the PFIC rules
by filing an election to treat the PFIC as a qualified electing fund (“QEF”) or, if shares of the PFIC are “marketable
stock” for purposes of the PFIC rules, by making a mark-to-market election with respect to the shares of the PFIC. We do not intend
to comply with the reporting requirements necessary to permit U.S. Holders to elect to treat us as a QEF. If a U.S. Holder makes a mark-to-market
election with respect to its ordinary shares, the U.S. Holder is in its U.S. federal taxable income an amount reflecting any year end
increase in the value of its ordinary shares. For purposes of this discussion, a “U.S. Holder” is a beneficial owner of ordinary
shares that is for U.S. federal income tax purposes: (i) an individual who is a citizen or resident of the United States; (ii) a corporation
(or other entity taxable as a corporation for U.S. federal income tax purposes) created or organized in or under the laws of the United
States, any state thereof or the District of Columbia; (iii) an estate the income of which is subject to U.S. federal income taxation
regardless of its source; or (iv) a trust (a) if a court within the U.S. can exercise primary supervision over its administration, and
one or more U.S. persons have the authority to control all of the substantial decisions of that trust, or (b) that was in existence on
August 20, 1996, and validly elected under applicable Treasury Regulations to continue to be treated as a domestic trust