Latest news with #CitaglobalBhd
New Straits Times
4 days ago
- Business
- New Straits Times
Citaglobal appoints Sultan of Pahang's son to board
KUALA LUMPUR: Citaglobal Bhd has appointed Tengku Arif Bendahara Tengku Muhammad Iskandar Ri'ayatuddin Shah as its independent and non-executive director, it said in a bourse filing today. Tengku Arif Bendahara, 27, is the son of Sultan of Pahang, Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah, who is also a significant shareholder in Citaglobal with a 9.5 per cent stake. The largest stake in the company, 30.9 per cent, is held by TIZA Global Sdn Bhd, a private entity fully controlled by Citaglobal's executive chairman and president Tan Sri Mohamad Norza Zakaria. Tengku Arif Bendahara attended the Caldicott Preparatory School in Buckinghamshire, United Kingdom from 2007 to 2010, and continued his A Levels in Harrow School in London. In 2015 to 2018, he pursued his degree in international business management at Oxford Brookes University, and graduated with a Bachelor of Arts in International Studies from University of Buckingham. In 2015, Tengku Arif Bendahara completed a placement at the Institute of Strategic and International Studies Malaysia, focusing on economics, trade, and regional integration, while also gaining exposure to social policy, national integration and foreign policy. Citaglobal's share price closed 0.59 per cent or half a sen lower to 84 sen today, valuing the group at RM359.55 million.
New Straits Times
08-05-2025
- Business
- New Straits Times
Citaglobal aims 250 towers, 5MW solar rollout in Indonesia partnership
KUALA LUMPUR: Citaglobal Bhd today announced a partnership between its Indonesian unit PT Citaglobal Internasional Capital and Pimpinan Wilayah Muhammadiyah Jawa Timur (PWMJT). The partnership aims to explore the deployment of telecommunications and renewable energy infrastructure across PWMJT's network of hospitals, schools and universities in East Java. PWMJT currently manages over 1,000 schools, almost 100 healthcare facilities, 16 higher education institutions and more than 2,600 religious and social service facilities. The heads of agreement outlines an initial target to pilot the deployment of about 250 telecommunication towers and five megawatt of solar energy capacity at selected hospitals, schools and universities. These pilot initiatives are intended to enhance digital connectivity and clean energy access across PWMJT's institutional ecosystem and serve as a foundation for broader long-term collaboration. Both parties aim to complete the relevant feasibility studies and begin pilot implementation within six months from the date of signing, subject to the outcomes of technical and commercial assessments. The agreement is valid for one year and may be extended by mutual consent. Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria said the company is committed to playing a long-term role in Indonesia's infrastructure transformation. "Through this partnership, we are introducing infrastructure solutions that combine telecommunications, renewable energy and facilities management in ways that are socially rooted and technically sound. "PWMJT's legacy of service aligns closely with our values. This pilot reflects not just commercial potential, but a shared vision to uplift communities and build lasting impact together," he added.
The Star
08-05-2025
- Business
- The Star
Citaglobal, PWM Jawa Timur to explore telcos, RE deployment in East Java
Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria KUALA LUMPUR: Citaglobal Bhd via its Indonesian subsidiary PT Citaglobal Internasional Capital has entered into a heads of agreement with Pimpinan Wilayah Muhammadiyah (PWM) Jawa Timur to explore the deployment of telecommunications and renewable energy infrastructure across Muhammadiyah's network of hospitals, schools, and universities in East Java. PWM Jawa Timur, one of Indonesia's oldest and most influential Islamic organisations, manages more than 1,000 schools, almost 100 healthcare facilities, 16 higher education institutions and over 2,600 religious and social service facilities in East Java. In a statement, Citaglobal said the agreement outlines an initial target to pilot the deployment of approximately 250 telecommunication towers and 5MW of solar energy capacity at selected hospitals, schools, and universities. It added that these pilot initiatives are intended to enhance digital connectivity and clean energy access across PWM Jawa Timur's institutional ecosystem, and serve as a foundation for broader long-term collaboration. Both parties aim to complete the relevant feasibility studies and begin pilot implementation within six months from the date of signing, subject to the outcomes of technical and commercial assessments. Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria said the group is committed to playing a long-term role in Indonesia's infrastructure transformation. "Through this partnership, we are introducing infrastructure solutions that combine telecommunications, renewable energy and facilities management in ways that are socially rooted and technically sound. "PWM Jawa Timur's legacy of service aligns closely with our values. This pilot reflects not just commercial potential, but a shared vision to uplift communities and build lasting impact together," he said.
