Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 174

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 19
Chunk 174
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20,684,288  
  Fixed interest rate                            3.5 - 5%                         680,916                        878,224       1,559,140  
  Variable interest rate                         BLR+ 2.6%                         43,668                        81,282          124,950  
  Total                                                                        21,408,872                        959,506      22,368,378  
  2022                                                                                                                                    
  Non-interest bearing                           -                             13,994,964                        -            13,994,964  
  Fixed interest rate                            3.5 - 5%                       1,114,999                        744,331       1,859,330  
  Variable interest rate                         BLR+ 2.6%                         16,543                        -                16,543  
  Total                                                                        15,126,506                        744,331      15,870,837  

F-52

  (vi)      Fair value of financial assets and financial  

Management considers that the carrying amounts of Company’s financial
assets and financial liabilities approximate their respective fair values due to the relatively short-term maturity of these financial
instruments. The fair value of other classes of financial assets and liabilities are disclosed in the respective notes to financial statements.

The fair value of non-current financial
liabilities approximate their fair value due to frequent re-pricing of the interest rates, which are similar to other market instruments.

  (d)      Capital risk management policies and objectives  

Management manages its capital to ensure that the Company will be able
to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders and to maintain an optimal
capital structure to reduce cost of capital.

The capital structure of the Company consists of equity attributable
to owners of the Company, comprising issued share capital, capital reserve, fair value reserve, translation reserve and retained earnings,
as disclosed in the notes to financial statements.

Management monitors capital based on debt-to-equity
ratio. The debt-to-equity ratio is calculated as total debt divided by total equity. Total debt is calculated as borrowings plus trade
and other payables

                        RM                                RM                                 US$                  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                        December 31,                      December 31,                                            
  Total debts                             22,862,227                         23,266,731                5,204,619  
  Total equity