CTOS to respect RAM's independence amid move to increase shareholding

KUALA LUMPUR: CTOS Digital Bhd (CTOS) has stated unequivocally that it will respect the independence and integrity of RAM Holdings Bhd (RAM) amid its move to increase its shareholding in the agency.

In a statement today, CTOS said it would not be involved in any rating-related decisions and would not be involved in any aspect of the operations of RAM nor would it be appointed to any of its committees.