KUALA LUMPUR: Citaglobal Bhd
(formerly known as WZ Satu Bhd) has proposed to acquire the entire equity interest in Citaglobal Engineering Services Sdn Bhd (CESSB) for RM140mil.
In a statement, Citaglobal said it entered into a share purchase agreement (SPA) with TIZA Global Sdn Bhd for the proposed acquisition of CESSB via the issuance of 736.84 million new shares in Citaglobal at an issue price of 19 sen per share.
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