Company: VCIG
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001213900-25-075843
Chunk: 0

Company: VCI Global Ltd
Filing Date: 2025-08-13
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'>69,875,000 Ordinary Shares</div>

This prospectus relates to the offer and sale
from time to time by Alumni Capital LP, a Delaware limited partnership (“Alumni”) of up to 69,875,000 of our ordinary shares
(the “Shares”), no par value per share of VCI Global Ltd (“we,” “us,” “our,” or the “Company”)
that may be issued by us to Alumni upon conversion of multiple tranches of our convertible promissory notes that have been or that may
be purchased by Alumni (the “Convertible Notes”) and upon exercise of warrants (the “Alumni Warrants” and together
with the Convertible Note, the “Alumni Securities”), in each case, issued pursuant to the Securities Purchase Agreement, dated
August 13, 2025, by and between us and Alumni (“Securities Purchase Agreement”). The Alumni Securities include (i) up to 15,000,000
Shares issuable upon conversion of the $3,000,000 Convertible Note dated August 13, 2025 (the “Tranche 1 Note”), (ii) up to
3,500,000 Shares issuable upon conversion of a $4,200,000 Convertible Note to be purchased by Alumni on or before September 3, 2025 (the
“Tranche 2 Note”), (iii) up to 45,000,000 Shares issuable upon conversion of up to $54,000,000 of Convertible Notes in aggregate
amount, which may be purchased by Alumni from time to time during the period from August 13, 2025 until August 13, 2027 (the “Additional
Notes”); (iv) up to 312,500 Shares issuable upon exercise of the warrant issued to Alumni on August 13, 2025 (the “Tranche
1 Warrant”); (v) up to 437,500 Shares issuable upon exercise of the warrant to be issued to Alumni on or before September 3, 2025
(the “Tranche 2 Warrant”) and (vi) up to 5,625,000 Shares issuable upon exercise of all of the warrants that may be issued
in connection with the purchases of Additional Notes