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AGAPE ATP Corporation Forges Strategic Collaboration with UAE-Based Citadel Investment

AGAPE ATP Corporation (NASDAQ:ATPC) through subsidiary ATPC Green Energy announced a collaboration agreement with Dubai-based Citadel Investment LLC to explore cross-border oil, gas, petroleum and petrochemical trading.

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partnership

AGAPE ATP Corporation (NASDAQ:ATPC) through subsidiary ATPC Green Energy announced a collaboration agreement with Dubai-based Citadel Investment LLC to explore cross-border oil, gas, petroleum and petrochemical trading. The partnership will identify, structure and facilitate transactions, share networks, and operate on commission or profit-sharing terms.

Activities will emphasize deal structuring, supplier relationships, competitive pricing and compliance with anti-corruption, sanctions and AML rules while supporting ATPC's broader energy and infrastructure strategy.

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Argus Mar 10 session
+87.13% close to close Open Argus
Details

News Market Reaction – ATPC

In the Mar 10 session, ATPC gained 87.13%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +87.1% in the session following this news. A strong positive reaction aligns with A...
Analysis

The stock surged +87.1% in the session following this news. A strong positive reaction aligns with ATPC’s strategy of using partnerships to deepen its global energy footprint. Historical collaboration news produced an average move of 10.1%, with at least one prior deal drawing a sizeable gain. However, investors have also contended with recent bid-price deficiencies, a 1-for-50 reverse split, and a $200,000,000 mixed shelf, all of which introduce dilution and listing-risk overhangs that could affect the durability of any rally.

Key Figures

Collaboration announcement date: March 10, 2026
Collaboration announcement date
March 10, 2026
Date ATPC–Citadel Investment collaboration was announced

Previous Partnership Reports

2 past events · Latest: Jul 08
Same Type 2 events
  1. Jul 08

    Energy partnership

    24h Move
    -0.5%

    Three-way partnership to advance energy and infrastructure in emerging markets.

  2. Sep 13

    Renewables partnership

    24h Move
    +20.7%

    Strategic tie-up to develop solar PV mounting systems across ASEAN markets.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

petrochemical, sanctions, anti-money laundering
3 terms
petrochemical technical
"opportunities in oil, gas, petroleum products and petrochemical trading across"
Petrochemicals are chemicals made from oil or natural gas that serve as basic building blocks for many everyday products like plastics, fertilizers, solvents and synthetic fabrics — think of them as the raw ingredients a factory uses to make finished goods. They matter to investors because producers’ profits and growth depend heavily on energy prices, global manufacturing demand and environmental rules, so changes in feedstock costs or regulation can quickly alter a company’s financial outlook.
sanctions regulatory
"compliance with international anti-corruption, sanctions and anti-money laundering"
Sanctions are measures imposed by governments or international organizations to restrict trade, financial transactions, or other activities with a country, organization, or individual. They are used to influence behavior or punish actions considered unacceptable, much like a referee penalizing players in a game. For investors, sanctions can affect markets, limit access to certain assets, and create risks or opportunities depending on the evolving restrictions.
anti-money laundering regulatory
"compliance with international anti-corruption, sanctions and anti-money laundering"
Anti-money laundering are rules, checks and processes banks and other financial firms use to stop criminals from hiding or moving illegal money. Think of it like ID checks and receipts in a store that make it harder to pass off stolen goods as legitimate; for investors, strong anti-money laundering controls reduce the risk of fines, shutdowns, and reputational damage that can wipe out shareholder value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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KUALA LUMPUR, MY / ACCESS Newswire / March 10, 2026 / NASDAQ-listed AGAPE ATP Corporation ("ATPC") through its subsidiary ATPC Green Energy Sdn. Bhd., has entered into a Collaboration Agreement with Citadel Investment LLC, a Dubai-based investment and global commodities trading firm, to jointly explore opportunities in oil, gas, petroleum products and petrochemical trading across international markets.

Under the agreement, ATPC Green Energy and Citadel Investment will cooperate to identify, structure and facilitate transactions involving oil and gas products, leveraging their respective commercial networks, market intelligence and industry expertise to support cross-border energy trade. The partnership will focus on developing strategic relationships with buyers, suppliers, investors and project owners across global markets.

Citadel Investment LLC, headquartered in Dubai, United Arab Emirates, is engaged in real estate, banking consultancy, global oil trading and investment activities across commercial, industrial and agricultural sectors. The firm maintains extensive networks across international commodity markets and brings strong capabilities in deal structuring, supplier relationships and global trade operations.

Through the collaboration, ATPC Green Energy may introduce potential buyers and trade opportunities, while Citadel Investment will leverage its supply relationships to support competitive pricing and facilitate long-term supply arrangements for petroleum products. Both parties will work together to structure transactions and coordinate commercial engagements within their respective business networks.

Prof. Dato' Sri Dr How Kok Choong, Founder and Global Group CEO of ATPC

Prof. Dato' Sri Dr How Kok Choong, Founder and Global Group CEO of Agape ATP Corporation said, "This collaboration with Citadel Investment represents another strategic step in strengthening ATPC's global energy trading capabilities. By combining our international networks and complementary expertise, we are well positioned to unlock new opportunities in oil and gas trade while supporting the evolving energy demands of global markets."

The agreement establishes a framework for cooperation on a commission or profit-sharing basis for transactions introduced under the partnership, allowing both companies to participate in value generation through successfully executed deals.

The collaboration will initially focus on identifying high-value trade opportunities and build long-term commercial relationships within the global oil and gas supply chain, while maintaining compliance with international anti-corruption, sanctions and anti-money laundering regulations as outlined in the agreement.

This partnership further strengthens ATPC's strategic position within the global energy sector, complementing the Group's expanding portfolio spanning healthcare, wellness, energy trade and renewable energy initiatives, while reinforcing its ambition to become an integrated international platform for energy and infrastructure development.

###

FORWARD-LOOKING STATEMENT

Certain statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected benefits and outcomes of the partnerships announced by AGAPE ATP Corporation ("ATPC") and the potential for medical innovations and healthcare advancements through these collaborations. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the Company's ability to execute its strategies, manage growth, and maintain its corporate culture; the Company's future business development, financial conditions, and results of operations; expectations regarding demand for and market acceptance of our products and services; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Malaysia and the international markets the Company plans to serve, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and AGAPE ATP Corporation specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.

About AGAPE ATP Corporation

Agape ATP Corporation (ATPC) is dedicated to enhancing the quality of life and promoting sustainable development. With a strong foundation built on two core business pillars, ATPC specialises in the provision of health and wellness products that caters to the diverse needs of its customers, ensuring their well-being and vitality. Additionally, APTC delivers comprehensive energy-saving solutions that empower companies to drive sustainability initiatives, reduce energy consumption, and achieve their sustainability goals.

For more information, visit https://atpc.com.my/.

Issued By: Koa International Sdn. Bhd. on behalf of Agape ATP Corporation

For more information, please contact:

Jazzmin Wan
Email: j.wan@swanconsultancy.biz

Mandy Tan
Email: m.tan@swanconsultancy.biz

SOURCE: AGAPE ATP Corporation



View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the ATPC collaboration with Citadel Investment mean for ATPC stock (ATPC)?

The collaboration aims to expand ATPC's energy trading capabilities and revenue channels. According to the company, ATPC Green Energy will leverage Citadel's supply networks and deal-structuring expertise to source petroleum products and introduce trade opportunities across international markets, potentially enhancing commercial reach.

What activities will ATPC Green Energy and Citadel Investment pursue under the March 10, 2026 agreement?

They will jointly identify, structure and facilitate oil, gas and petrochemical transactions across global markets. According to the company, the partners will develop buyer and supplier relationships, coordinate commercial engagements and agree commissions or profit-sharing for introduced transactions.

How will the ATPC and Citadel partnership handle compliance and risk?

The agreement requires adherence to international anti-corruption, sanctions and anti-money laundering standards. According to the company, both parties will maintain compliance measures while structuring transactions and establishing long-term supply arrangements across jurisdictions.

Will the ATPC–Citadel deal involve equity investment or a binding purchase agreement?

No equity investment or specific purchase orders are disclosed in the announcement. According to the company, the agreement is a collaboration framework focused on identifying and structuring trade opportunities on a commission or profit-sharing basis rather than a capital transaction.

How soon will ATPC begin executing oil and gas trades with Citadel Investment under the agreement?

The announcement indicates immediate cooperation to identify high-value trade opportunities but gives no fixed timetable. According to the company, initial efforts will focus on sourcing opportunities and building long-term commercial relationships across the global supply chain.

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