Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 0

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 0
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Filed Pursuant to Rule 424(b)(5)

Registration Statement No. 333-279521

Prospectus Supplement

(To Prospectus dated May 28, 2024)

<div align='center'>488,789 Ordinary Shares

Pre-Funded Warrants to Purchase Up to 2,288,989 Ordinary Shares

Placement Agent Warrants to Purchase Up to 83,334 Ordinary Shares

2,372,323 Ordinary Shares Issuable Upon Exercise of the Pre-Funded Warrants and Placement

Agent Warrants Offered Hereby</div>

We are offering (i) 488,789 of our ordinary shares,
no par value per share (the “Ordinary Shares”) and (ii) pre-funded warrants to purchase up to 2,288,989 of our Ordinary Shares
(the “Pre-Funded Warrants”), directly to a single fundamental institutional investor, referred to as the “Investor,”
pursuant to this prospectus supplement and accompanying prospectus and a securities purchase agreement dated as of October 30, 2025 by
and between us and the Investor (the “Securities Purchase Agreement”). Each Ordinary Share is being sold at an offering price
of $1.80 per Ordinary Share and each Pre-Funded Warrant is being sold at an offering price of $1.799 per Ordinary Share. We are also offering
hereunder the Ordinary Shares issuable upon exercise of the Pre-Funded Warrants offered hereby.

The Pre-Funded Warrants have a nominal exercise
price of $0.001 per Ordinary Share, will be immediately exercisable upon issuance, and will expire when the Pre-Funded Warrants are exercised
in full. The holder of Pre-Funded Warrants cannot exercise the Pre-Funded Warrants if the aggregate number of Ordinary Shares beneficially
owned by the holder, together with its affiliates, would exceed 4.99% (or, upon election of the holder, 9.99%) of the number of Ordinary
Shares outstanding immediately after giving effect to exercise thereof. The holder of Pre-Funded Warrants may increase or decrease such
beneficial ownership limitation upon notice to us, provided that any increase will not be effective until the 61st day after such election
and that in no event should the holder’s beneficial ownership limitation exceed 9.99% of the number of Ordinary Shares outstanding
immediately after giving effect to exercise.

Our Ordinary Shares are listed on the Nasdaq Capital
Market (“Nasdaq”) under the symbol “VC