PETALING JAYA: Financial software firm Censof Holdings Bhd has completed the acquisition of a 30.87% equity interest in Asian Business Software Solutions Pte Ltd (ABSS) for RM14.1mil.
The purchase consideration was arrived at a “willing-buyer, willing-seller” basis after taking into consideration, among others, ABSS’ historical financial performance, prospects and value of its proprietary software portfolio, the company said in a statement yesterday.
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