VCI Global Ltd. has announced the execution of a Fourth Modification Agreement with Alumni Capital LP, a Delaware limited partnership. Under this agreement, Alumni Capital is set to purchase up to $135 million worth of VCI Global's Ordinary Shares, with the commitment period extending from August 1, 2024, to December 31, 2025. This modification amends previous agreements between the two parties, initially established in August 2024, to adjust the purchase price and warrant exercise terms. The agreement signifies a continued partnership aimed at enhancing VCI Global's financial and operational flexibility.
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