VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), through its wholly owned technology and infrastructure subsidiary V Gallant Limited ("V Gallant"), today announced that V Gallant has entered into a definitive agreement to acquire a controlling stake in PT Fine Carbon Credit Indonesia ("FCCI"), an Indonesian carbon asset platform associated with approximately 241,000 hectares of forestry areas across four project sites in Indonesia.
The acquisition expands VCI Global's AI infrastructure, carbon credit and real-world asset (RWA) ecosystem strategy, further positioning the Company at the convergence of digital infrastructure, sustainability-linked assets and tokenized real-world asset ecosystems.
Management believes the forestry platform may support the future issuance of millions of carbon credits over the project lifecycle, subject to certification, verification methodologies, regulatory approvals and commercialization processes. Voluntary carbon credit prices have recently ranged from approximately US$10 to over US$50 per credit depending on project quality, certification standards and market demand.
VCI Global believes the platform may create strategic synergies across its expanding AI infrastructure, digital infrastructure and RWA ecosystem initiatives, including carbon-linked environmental assets and gold-linked projects. The Company intends to evaluate phased certification, verification and commercialization pathways for the forestry assets in alignment with international carbon market standards.
Management reiterated that VCI Global's operating model is focused on building scalable platforms, accelerating ecosystem growth and pursuing strategic monetization opportunities, including spin-offs, infrastructure partnerships, strategic transactions and capital market initiatives. The Company currently expects at least one strategic ecosystem spin-off initiative to advance this year as part of its broader platform monetization strategy.
VCI Global believes carbon-linked environmental assets may become an increasingly important component within future AI infrastructure ecosystems as global digital expansion drives greater focus on sustainability, energy efficiency and long-term carbon management.
"Tesla was among the early pioneers demonstrating how carbon credit ecosystems could complement high-growth technology and energy businesses. We believe a similar convergence is taking shape today across the AI infrastructure landscape," said management of VCIG.
"Global AI infrastructure expansion is accelerating demand for sustainable and carbon-conscious digital ecosystems. We believe carbon-linked environmental assets will become an increasingly strategic component within next-generation AI infrastructure and digitally enabled RWA ecosystems," said Audrey Liu, Chief Executive Officer of V Gallant Limited.
"With approximately 241,000 hectares of forestry assets across Indonesia, this platform strengthens our long-term AI infrastructure, carbon credit and RWA ecosystem strategy while supporting regional sustainability initiatives and the preservation of critical rainforest ecosystems."
VCI Global believes the transaction further strengthens its long-term positioning within the emerging convergence of AI infrastructure, sustainability-linked assets and digitally enabled RWA ecosystems.
Under the definitive agreement, the transaction consideration will be satisfied through the issuance of V Gallant Class A and Class B Shares, subject to customary closing conditions, milestone-based verification procedures and shareholder protection mechanisms.
The Company will continue conducting technical, legal, and operational due diligence prior to final completion of the transaction and will provide further updates as material developments occur.
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