VCI Global CEO buys 1.2M shares at $0.75

VCI Global Ltd director and CEO Hoo Voon Him reported a substantial purchase of ordinary shares.

Rhea-AI Filing Summary

VCI Global Ltd director and CEO Hoo Voon Him reported a substantial purchase of ordinary shares. He bought 1,200,000 shares on an open-market or private basis at $0.75 per share, for a disclosed aggregate purchase price of $900,000 under a subscription agreement dated May 20, 2026. Following this transaction, his directly held stake increased to 1,571,398 ordinary shares, indicating a significantly larger personal ownership position in the company.

Insights

Equity ownership and governance analyst

CEO Hoo Voon Him significantly increases his direct equity stake in VCI Global.

VCI Global Ltd's CEO and director Hoo Voon Him purchased 1,200,000 ordinary shares at $0.75 per share, for an aggregate $900,000, via a subscription agreement dated May 20, 2026. This is categorized as an open-market or private purchase.

After the transaction, his directly held position rose to 1,571,398 ordinary shares. This indicates that a large portion of his visible holding now reflects this new capital commitment. The filing does not describe any remaining derivative positions, suggesting the reported stake is purely in common equity.

The scale of the purchase relative to his reported post-transaction holdings makes it a notable governance event, as it ties the CEO more closely to common shareholders’ outcomes. Future company filings may clarify how this larger stake fits into longer-term ownership and capital-raising plans.

Insider Trade Summary

Net Buyer: 1,200,000 shares

Net Buy 1 txn

Insider HOO VOON HIM

Role CEO and Director

Bought 1,200,000 shs ($900K)

Type	Security	Shares	Price	Value
Purchase	Ordinary Shares	1,200,000	$0.75	$900K

Holdings After Transaction: Ordinary Shares — 1,571,398 shares (Direct)

Footnotes (1)

1. F1. Represents 1,200,000 ordinary shares purchased by the reporting person from the Issuer pursuant to a subscription agreement dated May 20,2026 for an aggregate purchase price of $900,000.

Key Figures

Shares purchased: 1,200,000 shares Purchase price per share: $0.75 per share Aggregate purchase price: $900,000 +2 more

5 metrics

Shares purchased 1,200,000 shares Ordinary shares bought on May 20, 2026

Purchase price per share $0.75 per share Price for ordinary shares acquired

Aggregate purchase price $900,000 Total consideration under subscription agreement

Shares owned after transaction 1,571,398 shares CEO direct holdings following purchase

Net buy shares 1,200,000 shares Net buying activity in this Form 4

Key Terms

open-market purchase, subscription agreement, aggregate purchase price, ten percent owner, +1 more

5 terms

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

subscription agreement financial

"purchased by the reporting person from the Issuer pursuant to a subscription agreement dated May 20,2026"

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 $900,000"

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.

ten percent owner financial

"is_ten_percent_owner: 1"

ordinary shares financial

"Represents 1,200,000 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.

FAQ

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

What insider transaction did VCI Global (VCIG) report for CEO Hoo Voon Him?

VCI Global reported that CEO and director Hoo Voon Him bought 1,200,000 ordinary shares. The shares were acquired at $0.75 each under a subscription agreement, increasing his direct ownership to 1,571,398 shares after the transaction.

How much did the VCI Global CEO pay for the new VCIG shares?

Hoo Voon Him paid an aggregate purchase price of $900,000 for 1,200,000 ordinary shares. This equates to $0.75 per share, as disclosed in the Form 4 and related subscription agreement dated May 20, 2026.

What is Hoo Voon Him’s total VCI Global shareholding after this Form 4 transaction?

Following the reported purchase, Hoo Voon Him directly owns 1,571,398 ordinary shares of VCI Global. This total includes the 1,200,000 shares acquired in the latest transaction, reflecting a significantly enlarged direct equity position.

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

The transaction is coded as a purchase that can represent an open-market or private deal. A footnote clarifies that 1,200,000 ordinary shares were bought directly from VCI Global under a subscription agreement dated May 20, 2026.

Does the VCI Global Form 4 show any derivative securities for the CEO?

The Form 4 data show no derivative transactions or remaining derivative positions for Hoo Voon Him. The reported activity involves only ordinary shares, indicating his visible ownership is currently disclosed as common equity rather than options or other derivatives.

Is Hoo Voon Him a major shareholder of VCI Global after this transaction?

Yes. The Form 4 notes that Hoo Voon Him is a ten percent owner, in addition to serving as CEO and director. After buying 1,200,000 ordinary shares, his direct holding stands at 1,571,398 shares, reinforcing his status as a significant shareholder.

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

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Accepted by SEC EDGAR 05/22/2026 - 08:01 AM Learn about SEC filing dates

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 MALAYSIA 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)
05/20/2026

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	05/20/2026		P		1,200,000(1)	A	$0.75	1,571,398	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 1,200,000 ordinary shares purchased by the reporting person from the Issuer pursuant to a subscription agreement dated May 20,2026 for an aggregate purchase price of $900,000.

	/s/ HOO VOON HIM	05/22/2026
	** 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)