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Organization and Principal Activities

6 Months Ended

Jun. 30, 2024

Organization and Principal Activities [Abstract]

ORGANIZATION AND PRINCIPAL ACTIVITIES

Organization and reorganization

VCI Global Limited was incorporated in the British Virgin Islands on April 29, 2020. The registered office of the Company is situated at Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, British Virgin Islands. The principal place of business of the Company is situation at B03-C-8, Menara 3A, KL Eco City, No.3 Jalan Bangsar, 59200 Kuala Lumpur, Malaysia.

The Group structure which represents the operating subsidiaries and dormant companies as the reporting date is as follow:

The Company and its subsidiaries are in the table as follows:

	Percentage of effective ownership
Name	Date of incorporation	June 30, 2024		December 31, 2023		Place of incorporation	Principal activities
		%		%
VCI Global Limited	29.04.2020		100		100	British Virgin Island	Holding company
VCI Technologies Limited	13.05.2024		100		-	British Virgin Island	Dormant
V Capital Real Estate Limited	08.02.2024		100		-	British Virgin Island	Dormant
V Capital Consulting Limited	01.03.2016		100		100	British Virgin Island	Holding company, provision of corporate and business advisory services in corporate finance, corporate structuring and restructuring, listings on recognised stock exchanges, and fintech advisory
VCI Global Brands Limited (formerly known as VCIG Limited)	29.04.2020		100		100	British Virgin Island	Dormant
V Capital Kronos Berhad	01.09.2020		100		100	Malaysia	Holding company
VCI Energy Sdn Bhd (formerly known as TGI V Sdn Bhd)	12.11.2021		100		100	Malaysia	Dormant
V Galactech Sdn Bhd	12.01.2022		100		100	Malaysia	Provision of information technology development
V Capital Venture Sdn Bhd	19.08.2014		100		100	Malaysia	Provision of corporate and business advisory services in corporate finance, corporate structuring and restructuring, listings on recognised stock exchanges, and fintech advisory
Accuventures Sdn Bhd	22.06.2015		100		100	Malaysia	Provision of technology development, computer software programming and holding company.
Credilab Sdn Bhd	26.10.2020		100		100	Malaysia	Carry on licensed money lending activities, consulting, information technology development, and computer software programming
VCI Wootzano Robotics Sdn Bhd (formerly known as V Capital Robotics Sdn Bhd)	12.10.2021		100		100	Malaysia	Dormant
Imej Jiwa Communications Sdn Bhd	29.10.2012		100		100	Malaysia	Provision of investor relation consultation services.
V Capital Quantum Sdn Bhd	18.01.2018		100		100	Malaysia	Provision of information technology development, business consultancy services and holding company.
AB Management and Consultancy Services Sdn Bhd	05.04.2020		93.3		80	Malaysia	Holding company
Elmu V Sdn Bhd	18.05.2021		69.2		69.2	Malaysia	Education and training services
Elmu Education Group Sdn Bhd	03.12.2020		56		56	Malaysia	Education and training services
Elmu Higher Education Sdn Bhd	24.05.2021		56		56	Malaysia	Education and training services
V Capital Real Estate Sdn Bhd	05.07.2021		100		100	Malaysia	Provision of consultancy services in relation to real estate
V Capital Advisory Sdn Bhd	12.02.2018		100		100	Malaysia	Provision of corporate and business advisory in relation to corporate listing exercise, equity investment, corporate restructuring, merger and acquisition and corporate finance.
Generative AI Sdn Bhd	21.07.2023		100		100	Malaysia	Provision of Artificial Intelligence, image processing, communication, networking, & process control software services.