Creador poised to reap rewards from CTOS buy

Brahmal (left) says Creador is prepared to hold its investment in CTOS for at least five to 10 years. With him at the briefing are Izzuddin (centre) and Chin.

KUALA LUMPUR: Private equity firm Creador expects its recent acquisition of CTOS Data Systems Sdn Bhd to start bearing fruit in the near future, on the back of its strategic thrusts.

In September, Creador bought a 70% stake in CTOS for RM215mil.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

Exciting deals at Sunway Theme Parks Mega Roadshow
CPO futures likely to trade in yo-yo mode next week
Maybe Apple’s weakness isn’t just supply chain woes
Good news for the global economy
BP, Chubu Power to study CCS project at Nagoya
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road
Bonds surge as traders call time on hikes
Central banks continue fight against inflation
Defining market manipulation
Lee Chun Fai redesignated as IJM CEO and MD

Others Also Read