PETALING JAYA: CTOS Digital Bhd
has proposed to acquire a 49% stake in financial technology (fintech) specialist Juris Technologies Sdn Bhd (JurisTech) for RM205.8mil cash, the group’s largest ever acquisition since its inception.
The group yesterday entered into a conditional share sale and purchase agreement for the proposed acquisition in JurisTech from Natsoft (M) Sdn Bhd, the holding company controlled by JurisTech’s founders, pending the approval of CTOS Digital shareholders in an upcoming EGM.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
