CTOS obtains shareholders approval to acquire 49% stake in JurisTech


CTOS Digital Deputy Group Chief Executive Officer Eric Hamburger

KUALA LUMPUR: CTOS Digital Bhd has received its shareholders’ approval for the proposed acquisition of a 49% stake in Juris Technologies Sdn Bhd (JurisTech) for RM205.8mil cash.

“We are certainly elated by this vote of confidence from our shareholders, as we embark on this value-accretive exercise to bring a stronger end-to-end digital lending solution proposition to the market,” CTOS digital deputy group chief executive officer Eric Hamburger said in a statement.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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CTOS , JurisTech , acquisition , EGM

   

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