Malcom respects Bordeaux for giving him a platform to showcase his talents in European football, but intends to move on if a concrete offer is tabled at the end of the campaign.
"Yes, there was a promise that I will be negotiating in June," he told Brazilian outlet UOL. "I will choose the team, and Bordeaux will let me go.
"I already said that I would have liked to leave this winter to meet new challenges. But I must also remember that Bordeaux helped me a lot.
"I gave my word to Bordeaux that I will continue [with the club] to be able to have more time to choose my future club. These next three or four months will make a big difference."
Malcom, comfortable playing in a number of attacking positions, has eight goals and six assists in 24 Ligue 1 outings this term.