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.
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