VCI Energy Signs MoU With DPS Energy To Develop 250MW Utility-Scale Solar Project In Malacca, Malaysia

VCI Energy Sdn Bhd ("VCI Energy" or the "Company"), a renewable energy platform managed and controlled by VCI Global Limited (NASDAQ:VCIG) ("VCI Global"), today announced a major strategic expansion into infrastructure-scale energy following the execution of a Memorandum of Understanding (MoU) with DPS Energy Sdn Bhd ("DPS Energy"), a wholly owned subsidiary of DPS Resources Berhad ("DPS Resources") (KLSE: DPS), a public listed company listed on the Main Board of Bursa Malaysia to develop a utility-scale solar photovoltaic platform of up to 250 megawatts on approximately 600 acres of long-tenure land at Lipat Kajang, Bukit Apit II, Mukim Sungai Siput, Malacca, Malaysia.

This initiative marks a significant milestone for VCI Global in collaboration with DPS Resources, a Malaysian-listed engineering and energy company with established capabilities in renewable development and project execution. The project positions VCI Global deeper within the energy layer of the AI and data centre value chain, supporting the accelerating build-out of hyperscale data centres and AI-driven digital infrastructure across Malaysia.