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CITAGLOBAL BERHAD — M&A Activity 2026
May 10, 2026
70429_rns_2026-05-10_68323d43-8a03-4e31-8099-608ab009b05a.html
M&A Activity
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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CITAGLOBAL BERHAD ("CITAGLOBAL" OR THE "COMPANY") - PROPOSED ACQUISITION OF (I) 70% EQUITY INTEREST IN ZEQNA CORPORATION SDN BHD (II) 70% EQUITY INTEREST IN KORIDOR MENTARI SDN BHD (COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS")
CITAGLOBAL BERHAD
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | CITAGLOBAL BERHAD ("CITAGLOBAL" OR THE "COMPANY") - PROPOSED ACQUISITION OF (I) 70% EQUITY INTEREST IN ZEQNA CORPORATION SDN BHD (II) 70% EQUITY INTEREST IN KORIDOR MENTARI SDN BHD (COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS") |
| (Unless otherwise stated, abbreviations and definitions used throughout this announcement shall have the same meaning as defined in the announcement dated 11 August 2025 in relation to the Proposed Acquisitions.) Reference is made to the announcements dated 11 August 2025, 10 November 2025, 10 December 2025, and 10 March 2026 in relation to the Proposed Acquisitions. The Company wishes to announce that the Parties have mutually agreed for a further extension of time of 2 months from 11 May 2026 to 10 July 2026 to provide more time for the Parties to complete the remaining conditions precedent and related deliverables as set out in the SSAs. This announcement is dated 11 May 2026. |
Announcement Info
| Company Name | CITAGLOBAL BERHAD |
| Stock Name | CITAGLB |
| Date Announced | 11 May 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11052026-00032 |
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