CITAGLB

0.830

+0.02 (+2.5%)

Circular/Notice to Shareholders

CITAGLOBAL BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: PART A: PROPOSED PRIVATE PLACEMENT OF 46,768,000 NEW ORDINARY SHARES IN CITAGLOBAL BERHAD ("CITAGLOBAL" OR THE "COMPANY") ("SUBSCRIPTION SHARES") TO BERJAYA SECURITIES SDN BHD (FORMERLY KNOWN AS INTER-PACIFIC SECURITIES SDN BHD) AT THE SUBSCRIPTION PRICE OF RM0.90 PER SUBSCRIPTION SHARE ("PROPOSED PRIVATE PLACEMENT"); AND PART B: PROPOSED JOINT VENTURE BETWEEN CITAGLOBAL PROPERTY DEVELOPMENT SDN BHD (FORMERLY KNOWN AS SINERGI DAYANG SDN BHD), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF CITAGLOBAL, AND VARIA CREST SDN BHD, AN INDIRECT WHOLLY OWNED SUBSIDIARY OF VARIA BERHAD, FOR A PROPOSED MIXED DEVELOPMENT ON A PARCEL OF LEASEHOLD LAND HELD UNDER TITLE NUMBER PAJAKAN NEGERI 27027, LOT 147 SEKSYEN 87, BANDAR KUALA LUMPUR, DAERAH KUALA LUMPUR, MEASURING 6,410 SQUARE METERS (APPROXIMATELY 1.58 ACRES), TO BE KNOWN AS THE CITAGLOBAL TOWER DEVELOPMENT ("PROPOSED JV")


Please refer attachment below.



Announcement Info

Company Name CITAGLOBAL BERHAD
Stock Name CITAGLB
Date Announced 19 May 2026
Category Document Submission
Reference Number DCS-19052026-00002