{"url_path":"/sec/vcig/10-k/2026/item-7","section_key":"item-7","section_title":"Item 7 MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-07-15","source_url":"https://www.sec.gov/Archives/edgar/data/1930510/0001213900-26-078044-index.html","accession_number":"0001213900-26-078044","cik":"0001930510","ticker":"VCIG","issuer_name":"VCI Global Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1930510/0001213900-26-078044-index.html","primary_entity_key":"0001930510","primary_entity_name":"VCI Global Ltd"},"word_count":305,"has_tables":true,"body_markdown":"**Item\n7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS**\n\n \n\nA.\nMajor Shareholders\n\n \n\nSee\n“Item 6. Directors, Senior Management and Employees—E. Share Ownership.”\n\n \n\nB.\nRelated Party Transactions\n\n \n\n**Employment\nAgreements**\n\n \n\nSee\n“Item 6. Directors, Senior Management and Employees\n\n \n\n**Certain\nRelationships and Related Party Transactions**\n\n \n\nThe following disclosure summarizes the Company’s\nrelated party balances and transactions for the fiscal years ended December 31, 2025, 2024 and 2023. Related companies in the consolidated\nfinancial statements refer to members of the ultimate holding company’s group of companies. Certain transactions and arrangements\nare between members of the Company, and the effects of these transactions and arrangements, on the basis determined between the parties,\nare reflected in the consolidated financial statements. The intercompany balances are unsecured, interest-free and repayable on demand,\nunless otherwise stated.\n\n \n\n65\n\n \n\n \n\nThe following table sets forth significant related\nparty transactions for the fiscal years ended December 31, 2025, 2024 and 2023.\n\n \n\nRelated\nparty \nRelationship \nNature \nDescription \n **December\n31,\n2023**  \n **December\n31,\n2024**  \n **December\n31,\n2025** \n\nV Capital Sdn Bhd \nCommon shareholder. \nTrade nature. \nPurchase of services. \n US$610,115.  \n Nil.\n  \n Nil.\n \n\nV Capital Sdn Bhd \nCommon shareholder. \nNon-trade nature. \nAdvances paid by V Capital Sdn Bhd. \n US$(35,953).\n  \n Nil.\n  \n Nil.\n \n\nHoo Voon Him \nDirector. \nNon-trade nature. \nAdvance receipt from director. \n US$(44,554).\n  \n US$63,185.\n  \n US$(392,983).\n \n\nHoo Voon Him \nDirector. \nTrade nature. \nSales of business consultancy fee. \n US$(214,325).\n  \n Nil.\n  \n Nil.\n \n\nNoraini Binti Aripin \nDirector. \nNon-trade nature. \nAdvance receipt from director. \n US$(202,839).\n  \n Nil.\n  \n Nil.\n \n\nStanley Khoo \nDirector. \nNon-trade nature. \nAmount due to director. \n Nil.\n  \n US$423,926.\n  \n Nil.\n \n\nVHKL\nPrivate Capital Limited \nCommon shareholder. \nNon-trade nature. \nDisposal of subsidiaries \n Nil.\n  \n Nil.\n  \n US$62,833,133.\n \n\nElmu\nHigher Education Sdn Bhd \nCommon shareholder. \nNon-trade nature. \nAdvance paid by Elmu Higher Education Sdn Bhd. \n Nil.\n  \n Nil.\n  \n US$(63,101).\n \n\nV\nCapital Consulting Limited \nCommon shareholder. \nNon-trade nature. \nAdvance paid by V Capital Consulting Limited. \n Nil.\n  \n Nil.\n  \n US$(128,540). \n\n \n\nC.\nInterests of experts and counsel\n\n \n\nNot\napplicable."}