CTOS plan to up stake in RAM could enhance prospects

KUALA LUMPUR: Kenanga Research is overall positive on CTOS Digital Bhd's plan to increase its stake in RAM Holdings Bhd as it is expected to improve the group's long-term propositions.

CTOS's intention to increase its stake in RAM to 55-60% from the current 19.2% could create new opportunities for the group in the bond rating space and enhance its client offerings, it said.