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 November 2025
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 ☐
Adoption of Incentive Plan
On January 29, 2024, the board of directors (the
“Board”) of VCI Global Limited (the “Company”) approved an employee stock ownership plan (the “Plan”)
which became effective upon adoption. On November 10, 2025, the Board adopted an amended and restated version of the Plan, which became
effective on the same date (the “Effective Date”). The Plan shall be effective upon the Effective Date and shall continue
in full force and effect for a term of five (5) years from the date of adoption by the Board.
Under the Plan, the maximum aggregate number of
ordinary shares available for issuance (the “Share Limit”) be restricted to twenty per cent (20%) of the total outstanding
share capital of the Company on a fully diluted basis, recalculated immediately prior to each grant. Under the terms of the Plan, the
ESOP Committee (as defined Plan) has authority to issue share options, restricted shares or restricted share units, up to the Share Limit,
and may set the exercise price of a share option at such amount as it considers appropriate, which may or may not be a fixed or variable
price or determined by the Fair Market Value.
The foregoing summary of the Plan does not purport
to be complete and is qualified in its entirety by reference to the full text of the Plan.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
| Date: November 12, 2025 |
VCI Global Limited |
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By: |
/s/ Victor Hoo |
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Name: |
Victor Hoo |
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Title: |
Chairman and Chief Executive Officer |
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