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Wednesday, 11 November 2026
Markets

Citaglobal Explores Mangrove Carbon Projects in Pahang and Indonesia’s Lampung

Citaglobal’s environmental subsidiary and Kitaran Tabah will assess potential mangrove carbon projects in Pahang and Lampung. The collaboration remains exploratory, with no quantified revenue forecast.

By TLA AI Editor3 min read

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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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.