CTOS Digital proposes to buy 49pc stake in JurisTech for RM205.8m
Malay Mail Online - Money·2021-12-25 05:01
KUALA LUMPUR, Dec 24 — CTOS Digital Bhd has proposed to acquire a 49 per cent stake in fintech specialist Juris Technologies Sdn Bhd (JurisTech) for RM205.8 million cash.
In a statement today, the credit reporting agency said it had entered into a conditional share sale and purchase agreement with Natsoft (M) Sdn Bhd, the holding company controlled by JurisTech’s founders, for the proposed acquisition, pending approval of CTOS Digital shareholders in the upcoming extraordinary general meeting (EGM).
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