Citaglobal completes private placement; Berjaya Corp unit becomes substantial shareholder

PETALING JAYA (June 10): Citaglobal Bhd has completed its private placement exercise following the listing and quotation of 46,768,000 subscription shares on the Main Market of Bursa Malaysia on June 10, while Berjaya Corp Bhd's (BCorp) wholly owned subsidiary Berjaya Securities Sdn Bhd (BSecurities) separately disclosed that it had become a substantial shareholder of Citaglobal after subscribing for 46,768,000 new shares.

In a Bursa Malaysia filing today, Citaglobal said the private placement was completed upon the listing and quotation of the subscription shares on June 10. On behalf of Citaglobal, TA Securities Holdings Bhd and Astramina Advisory Sdn Bhd said the completion was marked by the listing of the shares on Bursa Securities. The announcement follows a series of filings made between February and June 2026 in relation to the placement exercise.

In a separate Bursa filing on Monday, BCorp said BSecurities subscribed for 46,768,000 new ordinary shares in Citaglobal on June 8, representing 8.64% of the enlarged issued share capital of Citaglobal. BCorp holds a 100% interest in BSecurities, which was formerly known as Inter-Pacific Securities Sdn Bhd.

BCorp said the subscription has no effect on its issued share capital or on the shareholdings of its substantial shareholders, and is not expected to have any material effect on the net assets, earnings or gearing of the BCorp group.

BCorp's announcement was made pursuant to Paragraph 9.19(25) of the Main Market Listing Requirements of Bursa Malaysia Securities Bhd.

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