Board reshuffle at VCI Global (NASDAQ: VCIG) adds independent finance expert

Rhea-AI Filing Summary

VCI Global Limited reported changes in its board of directors. On February 28, 2026, executive directors Victor Lee and Alex Chua resigned from the board, with the company stating their resignations did not involve any disagreement over operations, policies, finance, accounting or practices.

On March 1, 2026, the board appointed Michael Puah as an independent director. The board determined that he meets Nasdaq independence standards and Rule 10A-3(b)(1) under the Exchange Act. Puah brings more than 15 years of finance, IPO and corporate governance experience across multiple industries to support the company’s oversight and long-term strategy.

Insights

Corporate governance analyst

VCI Global refreshes its board with two executive resignations and a new independent finance expert.

VCI Global disclosed that executive directors Victor Lee and Alex Chua resigned from the board effective February 28, 2026, with the company explicitly stating there were no disagreements related to operations, policies, finance, accounting or practices. This frames the change as an orderly governance development rather than a disclosed dispute.

On March 1, 2026, the board added independent director Michael Puah, who meets Nasdaq and Rule 10A‑3(b)(1) independence standards. His background spans more than 15 years in strategic finance, IPO execution and internal controls, including experience with Hong Kong Stock Exchange listing work and Big Four audit, which can strengthen board-level financial oversight.

The company highlights Puah’s expected contribution to corporate governance, capital markets insight and long-term value orientation. Future company filings may clarify how board committee assignments and responsibilities evolve following these changes, including any roles he may take in audit or other oversight functions.

Form 6-K: How Foreign Companies Report to the SEC →

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 March 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 February 28, 2026, Mr. Victor Lee and Mr. Alex Chua, members of the board of directors (the “Board”) of VCI Global Limited, a British Virgin Islands business company (the “Company”), tendered their resignation as executive directors of the Board, effective February 28, 2026. The resignation of Mr. Lee and Mr. Chua was not a result of any disagreement with the Company on any matter related to the operations, policies, finance, accounting or practices of the Company.

On March 1, 2026, the Board appointed Mr. Michael Puah as an independent director of the Board. The Board has determined that Mr. Michael Puah meets the independent director’s standard under Nasdaq listing standards and under Rule 10-A-3(b)(1) of the Securities Exchange Act of 1934, as amended.

Mr. Michael Puah is a seasoned finance leader with over 15 years of experience in strategic planning, group consolidation, financial controlling and IPO execution across industries including IT, aviation, F&B, pharmaceuticals, and plantations. Throughout his career, he has led cross-regional finance functions, strengthened financial governance frameworks, and enhanced reporting transparency to support informed decision-making at senior leadership and board levels.

Mr. Michael Puah previously held senior finance leadership roles in multinational and listed environments, including serving as a core team member in the IPO preparation of AustAsia Group, contributing to its successful listing on the Hong Kong Stock Exchange. Earlier in his career at PwC Singapore and Malaysia, he managed audit engagements for large public-listed companies and supported IPO readiness and regulatory compliance initiatives, building a strong technical foundation in IFRS, internal controls, and capital market requirements.

As independent director of the Company, Mr. Michael Puah will bring extensive financial oversight expertise, capital markets experience, and a commitment to strong corporate governance. His appointment reinforces the company’s dedication to accountability, strategic discipline, and sustainable long-term value creation.

There are no arrangements or understandings between Mr. Puah and any other persons pursuant to which he was selected as an independent director. During the past two years, there have been no transactions, nor are there any currently proposed transactions, to which the Company was or is to be a party in which Mr. Puah has a direct or indirect material interest under Item 404(a) of Regulation S-K.

This Report of Foreign Private Issuer on Form 6-K (the “Report”) is incorporated by reference into the Company’s Registration Statements on Form F-3 (File No. 333-282353 and File No. 333-279521) filed with the Securities and Exchange Commission, to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

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: March 3, 2026	VCI Global Limited
	By:	/s/ Victor Hoo
	Name:	Victor Hoo
	Title:	Chairman and Chief Executive Officer

2

FAQ

What board changes did VCI Global Limited (VCIG) report in this Form 6-K?

VCI Global reported that executive directors Victor Lee and Alex Chua resigned from the board effective February 28, 2026. The board then appointed finance professional Michael Puah as an independent director on March 1, 2026, maintaining board leadership while adding independent oversight experience.

Did VCI Global (VCIG) indicate any disagreements behind the director resignations?

The company stated the resignations of Victor Lee and Alex Chua were not due to any disagreement with VCI Global. It specifically noted no disputes related to operations, company policies, finance, accounting, or business practices, suggesting the departures were not described as conflict-driven.

Who is the new independent director appointed to VCI Global’s (VCIG) board?

VCI Global appointed Michael Puah as an independent director on March 1, 2026. He is a seasoned finance leader with over 15 years’ experience in strategic planning, group consolidation, financial control and IPO execution across industries including IT, aviation, F&B, pharmaceuticals and plantations.

Does VCI Global (VCIG) consider Michael Puah independent under Nasdaq rules?

The board determined that Michael Puah meets the independent director standard under Nasdaq listing rules. It also stated he satisfies independence requirements under Rule 10A‑3(b)(1) of the Securities Exchange Act, reinforcing his role in providing objective oversight within the company’s governance framework.

What relevant experience does VCI Global’s (VCIG) new director Michael Puah bring?

Michael Puah has extensive experience in financial governance, capital markets and IPOs. He held senior finance roles in multinational and listed environments, contributed to AustAsia Group’s Hong Kong Stock Exchange listing, and previously managed large listed-company audits at PwC Singapore and Malaysia, building strong IFRS and controls expertise.

Are there any related-party transactions between VCI Global (VCIG) and Michael Puah?

The company stated that in the past two years there have been no transactions, and none are proposed, in which VCI Global was or is a party where Michael Puah had a direct or indirect material interest under Item 404(a) of Regulation S‑K, indicating no disclosed related-party dealings.

Is the March 2026 VCI Global (VCIG) Form 6-K linked to any registration statements?

Yes. VCI Global specified that this Form 6-K report is incorporated by reference into its Form F‑3 registration statements with file numbers 333‑282353 and 333‑279521. This means the disclosed board changes become part of the information set supporting those shelf registration statements.