VCIG unit signs definitive deal to acquire Indonesian forestry platform covering ~241,000 ha to pursue carbon credits

VCI Global's subsidiary V Gallant signed a definitive agreement to acquire a controlling stake in PT Fine Carbon Credit Indonesia, a forestry/carbon asset platform tied to roughly 241,000 hectares across four Indonesian project sites. Management says the platform may support issuance of millions of voluntary carbon credits over the projects' lifecycles (subject to certification, verification and regulatory approvals) and will be integrated into VCIG's AI, digital infrastructure and tokenized real-world-asset strategy. Consideration will be paid in V Gallant Class A and Class B shares and the transaction remains subject to due diligence, milestone-based verification procedures and customary closing conditions; the company also said at least one strategic ecosystem spin-off is expected this year.