Censof acquires additional 30.87% stake in ABSS for RM14.1mil


KUALA LUMPUR: Technology holdings company Censof Holdings Bhd has completed the acquisition of 30.87 per cent equity interest in Asian Business Software Solutions Pte Ltd (ABSS) for RM14.1 million today.

Censof said the purchase consideration was arrived at a ‘willing-buyer, willing-seller’ basis after taking into consideration ABSS’ historical financial performance, prospects and value of its proprietary software portfolio.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Censof , acquisition , ABSS

   

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