Was the VCI Global (VCIG) CEO’s share purchase an open-market trade?

Although coded as a purchase, the filing footnote states the 654,135 shares were bought directly from the issuer under a subscription agreement , not in the open market, for a total of $870,000.

VCI Global (NASDAQ: VCIG) CEO subscribes for 654,135 new shares

Q: What did VCI Global (VCIG) CEO Hoo Voon Him report in this Form 4?

He reported purchasing 654,135 ordinary shares of VCI Global Ltd from the company under a subscription agreement. The aggregate purchase price was $870,000 , increasing his direct ownership to 2,225,533 shares .

Q: At what price did the VCI Global (VCIG) CEO acquire the new shares?

The CEO acquired 654,135 ordinary shares at $1.33 per share under a subscription agreement dated May 26, 2026. This results in an aggregate purchase price of $870,000 for the newly acquired shares.

Q: How many VCI Global (VCIG) shares does the CEO own after this transaction?

Following the transaction, Hoo Voon Him directly owns 2,225,533 ordinary shares of VCI Global Ltd. Additionally, 59 ordinary shares are held by VCI Equity Fund Limited and may be deemed beneficially owned by him as its sole shareholder.

Q: What is the role of VCI Equity Fund Limited in the VCI Global (VCIG) Form 4?

VCI Equity Fund Limited directly holds 59 ordinary shares of VCI Global Ltd. These shares may be deemed beneficially owned by Hoo Voon Him because he is the sole shareholder of VCI Equity Fund Limited, according to the filing footnote.

Filing Impact

(Very High)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

VCI Global Ltd CEO and director Hoo Voon Him reported buying a large block of the company’s ordinary shares. He acquired 654,135 ordinary shares from the issuer under a subscription agreement dated May 26, 2026 for an aggregate purchase price of $870,000, equal to $1.33 per share.

After this transaction, he directly owns 2,225,533 ordinary shares. In addition, 59 ordinary shares are held by VCI Equity Fund Limited and may be deemed beneficially owned by him because he is the sole shareholder of that entity.

Insider Trade Summary

Net Buyer: 654,135 shares ($870,000)

Net Buy 2 txns

Insider HOO VOON HIM

Role CEO and Director

Bought 654,135 shs ($870K)

Type	Security	Shares	Price	Value
Purchase	Ordinary Shares	654,135	$1.33	$870K
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 2,225,533 shares (Direct, null); Ordinary Shares — 59 shares (Indirect, By VCI Equity Fund Limited)

Footnotes (1)

Represents 654,135 ordinary shares purchased by the reporting person from the Issuer pursuant to a subscription agreement dated May 26, 2026 for an aggregate purchase price of $870,000. 59 ordinary shares are directly owned by VCI Equity Fund Limited and may be deemed beneficially owned by Hoo Voon Him. Voon Him Hoo is the sole shareholder of VCI Equity Fund Limited.

Key Figures

Shares purchased: 654,135 ordinary shares Purchase price per share: $1.33 per share Aggregate purchase price: $870,000 +2 more

5 metrics

Shares purchased 654,135 ordinary shares Acquired by CEO under subscription agreement on May 26, 2026

Purchase price per share $1.33 per share Price for 654,135 ordinary shares

Aggregate purchase price $870,000 Total consideration for 654,135 ordinary shares

Direct holdings after transaction 2,225,533 ordinary shares CEO’s direct ownership following the reported purchase

Indirect holdings via VCI Equity Fund Limited 59 ordinary shares Shares held by VCI Equity Fund Limited, deemed beneficially owned

Key Terms

subscription agreement, aggregate purchase price, beneficially owned, ordinary shares, +1 more

5 terms

subscription agreement financial

"purchased by the reporting person from the Issuer pursuant to a subscription agreement dated May 26, 2026"

A subscription agreement is a legal contract in which an investor agrees to buy a specific number of a company’s shares or other securities under set terms, including price, payment method and conditions for closing the sale. It matters to investors because it legally locks in their purchase and the company’s obligations, determines ownership percentage and any investor rights, and can include conditions or promises that affect future control or returns—like signing a detailed purchase order for equity.

aggregate purchase price financial

"for an aggregate purchase price of $870,000"

The aggregate purchase price is the total amount a buyer pays to acquire a company, assets or securities, including the headline payment plus any assumed debt, fees, taxes and contractually required adjustments. It matters to investors because it shows the true cost of a deal and how much value must be realized after the sale — like knowing the full price of a house once you add closing costs, repairs and outstanding mortgage obligations.

beneficially owned financial

"may be deemed beneficially owned by Hoo Voon Him"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

ordinary shares financial

"Represents 654,135 ordinary shares purchased by the reporting person"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

sole shareholder financial

"Voon Him Hoo is the sole shareholder of VCI Equity Fund Limited"

Form 4 Insider Transactions: What Each Field Means →

05/27/2026 - 08:00 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HOO VOON HIM

(Last)

(First)

(Middle)

BO3-C-8 & 10, MENARA 3A

KL ECO CITY, NO.3 JALAN BANGSAR

(Street)

KUALA LUMPUR

59200

(City)

(State)

(Zip)

MALAYSIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
VCI Global Ltd [ VCIG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	05/26/2026		P		654,135⁽¹⁾	A	$1.33	2,225,533	D
Ordinary Shares								59⁽²⁾	I	By VCI Equity Fund Limited

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents 654,135 ordinary shares purchased by the reporting person from the Issuer pursuant to a subscription agreement dated May 26, 2026 for an aggregate purchase price of $870,000.

2. 59 ordinary shares are directly owned by VCI Equity Fund Limited and may be deemed beneficially owned by Hoo Voon Him. Voon Him Hoo is the sole shareholder of VCI Equity Fund Limited.

	/s/ HOO VOON HIM	05/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did VCI Global (VCIG) CEO Hoo Voon Him report in this Form 4?

He reported purchasing 654,135 ordinary shares of VCI Global Ltd from the company under a subscription agreement. The aggregate purchase price was $870,000, increasing his direct ownership to 2,225,533 shares.

At what price did the VCI Global (VCIG) CEO acquire the new shares?

The CEO acquired 654,135 ordinary shares at $1.33 per share under a subscription agreement dated May 26, 2026. This results in an aggregate purchase price of $870,000 for the newly acquired shares.

How many VCI Global (VCIG) shares does the CEO own after this transaction?

Following the transaction, Hoo Voon Him directly owns 2,225,533 ordinary shares of VCI Global Ltd. Additionally, 59 ordinary shares are held by VCI Equity Fund Limited and may be deemed beneficially owned by him as its sole shareholder.

What is the role of VCI Equity Fund Limited in the VCI Global (VCIG) Form 4?

VCI Equity Fund Limited directly holds 59 ordinary shares of VCI Global Ltd. These shares may be deemed beneficially owned by Hoo Voon Him because he is the sole shareholder of VCI Equity Fund Limited, according to the filing footnote.