Kuala Lumpur, 10 November 2026 – Citaglobal Berhad is exploring mangrove carbon projects in Malaysia’s Pahang and Indonesia’s Lampung through a collaboration disclosed on 10 November. Its subsidiary, Citaglobal Environment Management Sdn Bhd, signed a Memorandum of Business Exploration with Kitaran Tabah Sdn Bhd on 4 November to assess potential coastal sites.
The agreement gives the group a route to examine a new environmental business, but it is not an announcement of completed projects or carbon credits already sold. For Asian investors, the immediate issue is whether suitable land, clear carbon rights and a credible commercial model can be established before capital is committed.
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