HOO VOON HIM 4
4 · VCI Global Ltd · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
VCI Global (VCIG) 10% Owner Hoo Voon Him Buys 1.2M Shares
What Happened Hoo Voon Him, a reported 10% owner of VCI Global Ltd (VCIG), purchased 1,200,000 ordinary shares at $0.75 per share on May 20, 2026, for an aggregate price of $900,000. The filing shows this was a purchase (reporting code P) and the shares were acquired from the issuer under a subscription agreement (see footnote F1).
Key Details
- Transaction date: May 20, 2026; Filing date: May 22, 2026 (timely filed within reporting window).
- Price: $0.75 per share; Shares acquired: 1,200,000; Total value: $900,000.
- Transaction type: Purchase from issuer pursuant to a subscription agreement (Footnote F1).
- Shares owned after transaction: Not specified in the filing.
- Insider status: 10% owner (beneficial owner >10% of a class of equity).
- No indications of a 10b5-1 plan, tax withholding, or option exercise in this filing.
Context This was a direct subscription purchase from the company (a primary-market transaction), not an open-market trade. Purchases by major shareholders are often watched by investors because they increase the buyer’s stake and provide cash to the company; however, the filing does not state the buyer’s motives. As a 10% owner, Hoo Voon Him is a significant holder rather than necessarily an executive—reporting rules differ for large beneficial owners.
Insider Transaction Report
- Purchase
Ordinary Shares
[F1]2026-05-20$0.75/sh+1,200,000$900,000→ 1,571,398 total
Footnotes (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.