Citaglobal obtains shareholders’ nod to buy CESSB for RM140mil

The Star Business LogoThe Star Business1 mo ago

Citaglobal obtains shareholders’ nod to buy CESSB for RM140mil - The Star Business

Quick Summary:

KUALA LUMPUR: Citaglobal Bhd’s shareholders have approved its proposed acquisition of the entire equity interest in Citaglobal Engineering Services Sdn Bhd (CESSB) for RM140mil.

The proposed acquisition is expected to be completed in the fourth quarter of this year.

Both parties will enter into a definitive agreement within one month, with an automatic extension of one month or such extended period no later than six months from the date of the collaboration agreement.

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Article Details

Author / Journalist: The Star Online

Category: Economy



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-10-06 @ 17:37:00 (1 months ago)

News Timezone: GMT +8:00

Ranking: #739 (out of 3345 stories this day)

News Source URL:

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star Business

News ID: 757345

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website:

Update Frequency: 43 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Citaglobal obtains shareholders’ nod to buy CESSB for RM140mil" was covered 1 months ago by The Star Business, a news publisher based in Malaysia.

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