From left: CCSB director Al-Zambri Ahmad Kabri, CCSB CEO Zulkifli MD Ghairi @ MD Asri, Censof group MD Ameer Bin Shaik Mydin, CCSB deputy CEO Jude Augastin Pathrose Lopez and CCSB shareholder Jasmine Kaur Manakh Ram Singh
KUALA LUMPUR: Censof Holdings Bhd
is acquiring a 51% equity interest in Cognitive Consulting Sdn Bhd (CCSB) for RM3.7mil with a profit guarantee scheme.
In a statement, the technology holdings company said the purchase consideration was derived after taking into consideration the current average price-to-earnings multiple of 7.5 times and the average pre-tax profit of FY21 and FY22.
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