Hong Leong Investment Bank Research (HLIB) maintained a “buy” call on CTOS with a target price of RM2.45.
PETLING JAYA: CTOS Digital Bhd
looks set to continue fuelling its growth by increasing its stake in RAM Holdings Bhd and Thailand-based associate Business Online Public Company Ltd (BOL) as well as the synergistic acquisition of financial technology (fintech) specialist, Juris Technologies Sdn Bhd (JurisTech).
Kenanga Research, in its latest report, said it believed that CTOS would be focusing on integrating JurisTech into the company this year, and to combine their capabilities in creating end-to-end digital lending solutions.
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