PETALING JAYA: Citaglobal Bhd
has revealed that it has no immediate plans to develop the 1.58-acre land at Jalan Tun Razak, Kuala Lumpur, which it intends to acquire from Bank Islam Malaysia Bhd.
In a filing with Bursa Malaysia, the construction engineering company said the decision not to develop the land was a strategic approach to maximise long-term value creation.
