XML 67 R57.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Warrant Liabilities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Warrant Liabilities [Abstract] |
Schedule of Fair Value of the Warrant Liabilities |
|  | December 31, 2023 |  |  | June 30, 2024 |
|  | RM |  |  | RM |  |  | USD |
Cost |  |  |  |  |  |  |  |  |
At January 1 |  |  | - |  |  |  | 1,964,335 |  |  |  | 416,420 |
Additions |  |  | 1,964,335 |  |  |  | 13,043,907 |  |  |  | 2,765,180 |
Exercised |  |  | - |  |  |  | (7,448,077 | ) |  |  | (1,578,919 | )
Currency realignment |  |  | - |  |  |  | 54,744 |  |  |  | 11,605 |
At December 31 |  |  | 1,964,335 |  |  |  | 7,614,909 |  |  |  | 1,614,286 |
Schedule of Black-Scholes Pricing Model to Estimate the Fair Value of the Warrant Liabilities | The Group applied a Black-Scholes pricing model to estimate the fair value of the warrant liabilities. The significant inputs into the model are shown below.
|  | Warrant A |  |  | Warrant B |  |  | Warrant to Exchange listing |
Share price |  | USD | 1.08 |  |  | USD | 1.08 |  |  | USD | 2.26 |
Exercise price / warrant |  | USD | 1.25 |  |  | USD | 1.25 |  |  | USD | 4.00 |
Expected volatility |  |  | 98.07 | % |  |  | 98.07 | % |  |  | 130.14 | %
Dividend yield |  |  | Nil |  |  |  | Nil |  |  |  | Nil |
Expected term (years) |  |  | 5 years |  |  |  | 1.5 years |  |  |  | 4.24 years |
Annual risk-free interest rate |  |  | 4.106 | % |  |  | 4.106 | % |  |  | 3.918 | %

X
- Definition The entire disclosure of black-scholes pricing model to estimate the fair value of the warrant liabilities. + References No definition available. + Details
Name: | vcig_DisclosureOfBlackScholesPricingModelToEstimateTheFairValueOfTheWarrantLiabilities
Namespace Prefix: | vcig_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for fair value of the warrant liabilities. + References No definition available. + Details
Name: | vcig_DisclosureOfFairValueOfTheWarrantLiabilitiesExplanatory
Namespace Prefix: | vcig_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | vcig_WarrantLiabilitiesAbstract
Namespace Prefix: | vcig_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration