CITAGLB

0.905

-0.005 (-0.5%)

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 (COLLECTIVELY REFERRED TO AS "PROPOSALS")

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 

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

(The abbreviations used throughout this announcement are the same as those previously defined in the announcements dated 26 October 2023, 31 January 2024 and 12 July 2024 (“Announcements”).)

 

On behalf of the Board, Mercury Securities and Astramina Advisory wish to announce additional information in relation to the Proposals as set out in the announcement attached herein.

 

This announcement is dated 23 July 2024.




Please refer attachment below.



Announcement Info

Company Name CITAGLOBAL BERHAD
Stock Name CITAGLB
Date Announced 23 Jul 2024
Category General Announcement for PLC
Reference Number GA1-23072024-00067