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

Company: VCI Global Ltd
Filing Date: 2025-05-22
Form: F-3
Chunk 25
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 Agreement and Commitment Warrant are expected to be freely
tradable. The Purchase Shares registered in this offering may be sold until the end of the Commitment Period and Alumni Capital may purchase
Warrant Shares until August 1, 2027. The sale by Alumni Capital of a significant number of our ordinary shares at any given time could
cause the market price of our Common Shares to decline and to be highly volatile. Sales of our ordinary shares to Alumni Capital under
the Purchase Agreement or Commitment Warrant, if any, will depend upon market conditions and other factors to be determined by us, in
our sole discretion, in the case of the Purchase Shares or Alumni Capital, in the case of the Warrant Shares. We may ultimately decide
to sell to Alumni Capital all, some or none of the Purchase Shares that may be available for us to sell pursuant to the Purchase Agreement
and Alumni Capital may decide purchase all, some or none of the Warrant Shares. If and when we do sell the Purchase Shares to Alumni Capital
or when Alumni Capital purchases Warrant Shares, Alumni Capital may resell all, some or none of those shares at any time or from time
to time in its discretion. Therefore, sales to Alumni Capital by us under the Purchase Agreement or Commitment Warrant may result in substantial
dilution to the interests of our other shareholders. In addition, if we sell a substantial number of the Selling Shareholder Shares to
Alumni Capital under the Purchase Agreement and Commitment Warrant, or if investors expect that we will do so, the actual sales of Selling
Shareholder Shares or the mere existence of our arrangement with Alumni Capital may make it more difficult for us to sell equity or equity-related
securities in the future at a time and at a price that we might otherwise wish to effect such sales. However, we have the right to control
the timing and amount of any sales of the Purchase Shares to Alumni Capital.

Pursuant to the terms of the Purchase Agreement,
we have the right, but not the obligation, to direct Alumni Capital to purchase up to $135,000,000 of our ordinary shares of which Alumni
Capital has previously purchased ordinary shares under the Purchase Agreement in the amount of $22,256,523.88. These amounts are exclusive
of the Commitment Warrants issued to Alumni Capital as consideration for its commitment to purchase our ordinary shares under the Purchase
Agreement. The Purchase Agreement generally prohibits us from issuing or selling to Alumni Capital under the Purchase