VCI Global’s V Gallant Signs Definitive Agreement to Acquire Rights Platform Covering 241,000 Hectares of Indonesian Forestry Assets to Accelerate AI, Carbon Credit and RWA Ecosystem Strategy

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Forestry Platform May Potentially Support Future Generation of Millions of Carbon Credits Over Project Lifecycle as AI, Energy, and Sustainability Economies Continue to Converge KUALA LUMPUR, Malaysia, June 02, 2026 (GLOBE NEWSWIRE) -- 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 ...

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