Berjaya Property to Buy Additional 20% Stake in Manjaran for RM 50 Million

• Berjaya Property agreed on October 26, 2026, to acquire an additional 20% stake in Manjaran from Citaglobal for RM 50 million.
• The acquisition will raise its Manjaran holding to 49%, expanding exposure to port, logistics and energy businesses.
• Payment comprises 178,571,429 new ordinary shares at RM 0.28 each, giving Citaglobal approximately 3.39% of the enlarged share capital.
• Completion is conditional on an earlier RM 58 million subscription for a 29% Manjaran stake.
• The acquisition is expected to close by the end of 2026, subject to Bursa Securities’ listing approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Berjaya Property Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3718656) on October 26, 2026, and is solely responsible for the information contained therein.