Additional Listing Announcement /Subdivision of Shares
| CITAGLOBAL BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Acquisitions |
| Details of corporate proposal | CITAGLOBAL BERHAD ("CITAGLOBAL" OR "THE COMPANY") - INVESTMENT OF TOTAL 30% EQUITY INTEREST IN IFACTORS SDN. BHD. ("IFACTORS" OR "TARGET COMPANY") THROUGH: (I) SUBSCRIPTION OF 5% EQUITY INTEREST IN IFACTORS; AND (II) ACQUISITION OF 25% EQUITY INTEREST IN IFACTORS ("ACQUISITION") |
| No. of shares issued under this corporate proposal | 7,466,666 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 1.5000 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 425,475,561 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 560,643,582.850 |
| Listing Date | 01 Aug 2024 |
| Remarks : |
Issuance of consideration shares as part settlement of the purchase consideration for the Acquisition. |
Announcement Info
| Company Name | CITAGLOBAL BERHAD |
| Stock Name | CITAGLB |
| Date Announced | 31 Jul 2024 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-29072024-00014 |