VCI Global is acquiring a controlling stake in PT Fine Carbon Credit Indonesia, a platform managing roughly 241,000 hectares of forestry across four sites. The move aims to generate millions of carbon credits, though these remain subject to certification and regulatory approval. Despite the expansion into the voluntary carbon market, VCI Global shares saw a significant drop in premarket trading. The company plans to use share issuance to fund the acquisition while continuing due diligence on the assets.
