VCI Global sets 1-for-15 reverse stock split for 2026

VCI Global Ltd (VCIG) approved a 1-for-15 reverse stock split of its ordinary shares, effective at 12:01 a.m. Eastern Time on August 24, 2026.

Rhea-AI Filing Summary

VCI Global Ltd (VCIG) approved a 1-for-15 reverse stock split of its ordinary shares, effective at 12:01 a.m. Eastern Time on August 24, 2026. The action is intended to maintain compliance with Nasdaq’s minimum bid price requirement and to help position the company for a potential landmark institutional transaction.

The reverse split will reduce the number of ordinary shares issued and outstanding from approximately 18,997,434 to approximately 1,266,496. No fractional shares will be issued; any fractional amounts will be rounded up to the next whole share at the participant level. Shareholders do not need to take any action. Vstock Transfer, LLC, as transfer agent, will handle the exchange, with brokerage and book-entry accounts automatically adjusted. VCIG will continue trading under the symbol “VCIG” with a new CUSIP G98218129.

Key Figures

Reverse split ratio: 1-for-15 Shares outstanding before split: 18,997,434 shares Shares outstanding after split: 1,266,496 shares +2 more

5 metrics

Reverse split ratio 1-for-15 Ratio of VCIG reverse stock split effective August 24, 2026

Shares outstanding before split 18,997,434 shares Approximate ordinary shares issued and outstanding before reverse split

Shares outstanding after split 1,266,496 shares Approximate ordinary shares issued and outstanding after reverse split

Effective time 12:01 a.m. Eastern Time on August 24, 2026 Time and date reverse stock split becomes effective

CUSIP G98218129 New CUSIP number for VCIG ordinary shares post-split

Key Terms

reverse stock split, minimum bid price requirement, book-entry form, transfer agent

4 terms

reverse stock split financial

"announced that its board of directors has approved a reverse stock split"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

minimum bid price requirement financial

"implemented to be in compliance with Nasdaq’s minimum bid price requirement"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

book-entry form financial

"for exchanging their certificates for split-adjusted shares in “book-entry form”"

A book-entry form is an electronic record showing ownership of securities instead of a paper certificate; think of it like a bank account ledger that notes who owns shares. It matters to investors because it makes buying, selling and transferring securities faster, safer and cheaper by reducing paperwork, loss or forgery risk, and enabling easier settlement through brokers or a central depository.

transfer agent financial

"Vstock Transfer, LLC (“Vstock”), the Company’s transfer agent, will act"

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What reverse stock split did VCI Global Ltd (VCIG) approve?

VCI Global Ltd approved a 1-for-15 reverse stock split of its ordinary shares. This consolidates every 15 existing shares into one new share, significantly reducing the share count while aiming to support the trading price and Nasdaq compliance.

When does the VCIG reverse stock split take effect?

The VCIG reverse stock split becomes effective at 12:01 a.m. Eastern Time on August 24, 2026. After this time, trading will reflect the adjusted share count and new CUSIP, while the trading symbol VCIG remains unchanged.

How will VCIG’s shares outstanding change after the reverse split?

VCIG’s issued and outstanding ordinary shares will decrease from approximately 18,997,434 to approximately 1,266,496. This reflects the 1-for-15 consolidation, with all holdings automatically adjusted in brokerage and book-entry accounts by the transfer agent and intermediaries.

Why is VCI Global Ltd (VCIG) implementing a reverse stock split?

VCIG states the reverse stock split is to comply with Nasdaq’s minimum bid price requirement and to help strategically position the company for a potential landmark institutional transaction, aligning its share structure with listing and strategic objectives.

Do VCIG shareholders need to do anything for the reverse stock split?

VCIG states that no action is required from shareholders. Shares held through brokers or in book-entry form will be automatically adjusted, and Vstock Transfer, LLC will guide any holders with physical certificates through the exchange process.

How will VCIG handle fractional shares in the reverse stock split?

VCIG will not issue fractional shares in the reverse stock split. Any fractional share amounts at the participant level will be rounded up to the next nearest whole share, simplifying post-split positions for shareholders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/20/2026 - 10:05 AM EDT Learn about SEC filing dates

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 August 2026

Commission File Number: 001-41678

VCI Global Limited

(Translation of registrant’s name into English)

Suite 33.03 of Level 33, Menara Exchange 106, Lingkaran TRX, Tun Razak Exchange

55188 Kuala Lumpur, Malaysia

(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 August 20, 2026, VCI Global Limited (“VCIG” or the “Company”) announced that its board of directors has approved a reverse stock split of its ordinary shares at a ratio of 1-for-15, effective at 12:01 a.m. Eastern Time on August 24, 2026, under the Company’s existing trading symbol “VCIG” with the new CUSIP number G98218129 (the “Reverse Stock Split”).

The Reverse Stock Split is being implemented to be in compliance with Nasdaq’s minimum bid price requirement and to strategically position VCIG for a potential landmark institutional transaction.

The Reverse Stock Split will reduce the number of ordinary shares issued and outstanding from approximately 18,997,434 to approximately 1,266,496. 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. No action is required from shareholders.

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 shareholder with physical stock certificates regarding the process for exchanging their certificates for split-adjusted shares in “book-entry form”. Shares held by shareholders through a broker will have their accounts automatically credited by their brokerage firm, bank, or other nominee, as will any shareholder who held their shares in book-entry form at Vstock.

Forward-Looking Statements

This Current Report on Form 6-K may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are characterized by future or conditional verbs such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition and other forward-looking information. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2025 and subsequent filings filed with the Securities Exchange Commission (“SEC”). Copies of these documents are available on the SEC’s website, www.sec.gov. These forward-looking statements cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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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: August 20, 2026	VCI Global Limited
	By:	/s/ Victor Hoo
	Name:	Victor Hoo
	Title:	Chairman and Chief Executive Officer

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