Citaglobal buys stakes in Perak hydro projects

PETALING JAYA: Citaglobal Bhd is acquiring majority stakes in two hydropower projects in Perak for RM15mil.

In a statement, the company said it is acquiring a 70% stake in Zeqna Corp Sdn Bhd for RM15mil, and a 70% equity interest in Koridor Mentari Sdn Bhd for RM1, conditional upon the completion of Zeqna’s acquisition.

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Citaglobal , hydropower , Slim Hydropower Plant , Kampar Hydropower Plant , renewable energy , feed-in approval

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