KUALA LUMPUR: Indonesia’s largest smartcard manufacturer PT. Cipta Srigati Lestari is undertaking a reverse takeover (RTO) of Visdynamics Holdings Bhd
which will see it listing on Bursa Malaysia.
Cipta’s CEO Steven Chandra said on Tuesday the RTO is a major strategic step for Cipta, “allowing us to benefit from the improved visibility and other advantages of being a public company, for our business scale-up and to accelerate growth”.
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