Citaglobal inks MoU with Indonesia state-owned firm for battery cells manufacturing plant, energy storage system

Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria (front right) exchanging documents with IBC President Director Toto Nugroho (front left) at the MoU signing ceremony. Looking on are Malaysia's Prime Minister Datuk Sri Anwar Ibrahim (centre), and (from left) Minister Foreign Affairs Malaysia Minister Datuk Seri Diraja Zambry Abd Kadir, International Trade and Industry Malaysia Minister Tengku Datuk Seri Utama Zafrul Abdul Aziz, Foreign Affairs of Indonesia Minister Retno Marsudi and Public Works & Public Housing of Indonesia Minister Basuki Hadimuljono

KUALA LUMPUR: Citaglobal Bhd is exploring a collaboration with the Indonesia Battery Corporation for the proposed development of a battery cells manufacturing plant and battery energy storage system project.

Citaglobal said the memorandum of understanding facilitates its plans to transform into a conglomerate with involvement in renewable energy, facilities, management, telecommunications, infrastructure and technology sectors.