VCI Global Ltd — Form F-1

On September 23, 2026, VCI Global Limited (Nasdaq: VCIG) executed three concurrent capital-raising transactions: (1) Equity Purchase Agreement with Hudson Global Ventures for up to $125M in ordinary shares over 36 months, with Hudson receiving a warrant to purchase 1,171,875 shares at $0.01/share; (2) Securities Purchase Agreement with Dune Equity Holdings for a secured convertible note with up to $850,000 principal (3 tranches), 12% interest, convertible at floor price $0.328/share, plus warrant for 569,500 shares at $2.00/share; (3) identical agreement with FirstFire Global Opportunities Fund LLC. All three parties received commitment shares (18,000 each for Dune and FirstFire). Significant dilution possible: at $1.25/share assumed price, Hudson transaction alone could issue 100M shares (98% dilution); combined with all warrant/conversion scenarios, up to 111.6M shares could be issued to these three parties. This registration covers resale rights for all such securities.