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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
