TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CITAGLOBAL BERHAD ("CITAGLOBAL" OR "THE COMPANY") - PROPOSED INVESTMENT OF TOTAL 30% EQUITY INTEREST IN IFACTORS SDN. BHD. ("IFACTORS" OR "TARGET COMPANY") THROUGH: (I) PROPOSED SUBSCRIPTION OF 5% EQUITY INTEREST IN IFACTORS; AND (II) PROPOSED ACQUISITION OF 25% EQUITY INTEREST IN IFACTORS
| CITAGLOBAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | CITAGLOBAL BERHAD ("CITAGLOBAL" OR "THE COMPANY") - PROPOSED INVESTMENT OF TOTAL 30% EQUITY INTEREST IN IFACTORS SDN. BHD. ("IFACTORS" OR "TARGET COMPANY") THROUGH: (I) PROPOSED SUBSCRIPTION OF 5% EQUITY INTEREST IN IFACTORS; AND (II) PROPOSED ACQUISITION OF 25% EQUITY INTEREST IN IFACTORS |
|
(The abbreviations used throughout this announcement are the same as those previously defined in the announcements dated 26 October 2023 and 31 January 2024 (“Announcements”))
We refer to the Announcements in relation to the investment of total 30% equity interest in IFactors.
Mercury Securities Sdn Bhd (“Mercury Securities”) has been appointed as the Principal Adviser to Citaglobal for the submission of the additional listing application in relation to issuance of 7,466,666 consideration shares for the Proposed Acquisition.
On behalf of the Board, Mercury Securities and Astramina Advisory Sdn Bhd wishes to announce that the additional listing application in relation to the Proposed Acquisition has been submitted to Bursa Securities on 12 July 2024.
This announcement is dated 12 July 2024. |
|
Announcement Info
| Company Name | CITAGLOBAL BERHAD |
| Stock Name | CITAGLB |
| Date Announced | 12 Jul 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12072024-00017 |