Skip to main content

6-K

VCI Global Ltd (VCIG)

6-K 2025-04-03 For: 2025-04-03
View Original
Added on April 09, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO SECTION 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934


For the month of April 2025

Commission File Number: 001-41678

VCI Global Limited

(Translation of registrant’s name into English)

B03-C-8 Menara 3A

KL, Eco City, No.3 Jalan Bangsar

59200 Kuala Lumpur

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒         Form 40-F ☐

On April 3, 2025, VCI Global Limited (the “Company”) effectuated a 1-for-20 share consolidation of its authorized share capital, such that every 20 ordinary shares, no par value, in the authorized share capital of the Company be consolidated into 1 ordinary share, no par value (the “Reverse Stock Split”).

The Reverse Stock Split was approved by the Company’s board of directors on March 22, 2025. Accordingly, the Reverse Stock Split became effective, and the ordinary shares began trading on a split-adjusted basis when the market opened on April 3, 2025.

The Reverse Stock Split reduced the number of shares of common stock issued and outstanding from approximately 54.5 million to approximately 2.8 million. In connection with the Reverse Stock Split, the CUSIP number for the ordinary shares has changed to: G98218301.

No fractional shares were issued in connection with the Reverse Stock Split. Any fractional shares that would have resulted because of the Reverse Stock Split were rounded up to the nearest whole share at the participant level.

The Reverse Stock Split is primarily intended to increase the market price per share of the Company’s ordinary shares to maintain compliance with the minimum bid price required for continued listing on the Nasdaq Capital Market. The Reverse Stock Split did not affect the number of total authorized ordinary shares of the Company.

On April 1, 2025, the Company issued a press release announcing the Reverse Stock Split. A copy of the Press Release is attached hereto as Exhibit 99.1.

Exhibit No. Description
99.1 Press Release

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 3, 2025 VCI Global Limited
By: /s/ Victor Hoo
Name: Victor Hoo
Title: Chairman and Chief Executive Officer

2

Exhibit 99.1

VCI Global Announces 1-for-20 Reverse StockSplit

KUALA LUMPUR, Malaysia, April 01, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, is pleased to announce the approved 1-for-20 stock split of the Company’s common stock with no par value, effective at 12:01 a.m. Eastern Time on 3 April, 2025 (the “Reverse Stock Split”). VCI Global’s common stock will continue to be traded on the Nasdaq Capital Market on a split-adjusted basis beginning on 3 April, 2025, under the Company’s existing trading symbol “VCIG” with the new CUSIP number G98218301.

The Reverse Stock Split is primarily intended to increase the market price per share of the Company’s common stock to regain compliance with the minimum bid price required for continued listing on the Nasdaq Capital Market.

The Reverse Stock Split will reduce the number of shares of common stock issued and outstanding from approximately 54.5 million to approximately 2.8 million. No fractional shares will be issued in connection with the Reverse Stock Split. Any amount of fractional shares will be rounded up to the next nearest number at the participant level.

Vstock Transfer, LLC (“Vstock”), the Company’s transfer agent, will act as the exchange agent for the Reverse Stock Split. Vstock will provide instructions to any stockholder with physical stock certificates regarding the process for exchanging their certificates for split-adjusted shares in “book-entry form”. Shares held by stockholders through a broker will have their accounts automatically credited by their brokerage firm, bank, or other nominee, as will any stockholder who held their shares in book-entry form at Vstock.

About VCI Global Limited

VCI Global is a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy. With a strong presence in Asia, Europe, and the United States, VCI Global is committed to driving technological innovation, sustainable growth, and financial excellence across multiple industries.

For more information on the Company, please log on to https://v-capital.co/.

Cautionary Note Regarding Forward-Looking Statements


This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

CONTACT INFORMATION:

For media queries, please contact:

VCI GLOBAL LIMITED

[email protected]