CITAGLB

1.000

-0.02 (-2%)

MULTIPLE PROPOSALS CITAGLOBAL BERHAD ("CITAGLOBAL" OR "THE COMPANY") (I) PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF THE COMPANY PURSUANT TO SECTION 117 OF THE COMPANIES ACT 2016; AND (II) PROPOSED AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN ORDINARY SHARES OF UP TO TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY

CITAGLOBAL BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
CITAGLOBAL BERHAD ("CITAGLOBAL" OR "THE COMPANY")

(I)	PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF THE COMPANY PURSUANT TO SECTION 117 OF THE COMPANIES ACT 2016; AND

(II)	PROPOSED AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN ORDINARY SHARES OF UP TO TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY

The Board of Directors of Citaglobal ("Board") wishes to announce that the Company proposes to undertake the following proposals:

 

  1. the proposed reduction of the issued share capital of the Company by RM255.00 million pursuant to Section 117 of the Companies Act 2016 ("Act") ("Proposed Capital Reduction"); and

     

  2. the proposed authority for the Company to purchase its own ordinary shares ("Shares") of up to 10% of the total number of issued Shares ("Proposed Share Buy-Back"),

 

(collectively, the "Proposals").

 

Please refer to the attachment on further details of the Proposals.

 

 

This announcement is dated 15 October 2026.


Please refer attachment below.

Attachments

Citaglobal - Proposals (15.10.2026).pdf
250.5 kB


Announcement Info

Company Name CITAGLOBAL BERHAD
Stock Name CITAGLB
Date Announced 15 Oct 2026
Category General Announcement for PLC
Reference Number GA1-15102026-00104


View original announcement