CTOS set to grow regionally with latest acquisitions

Maybank IB Research said the company’s regional acquisitions of ACS firms are likely to be long-run value accretive.

PETALING JAYA: CTOS Digital Bhd’s latest acquisitions is a shot in the arm for the credit reporting company to strengthen its position in the regional alternative credit scoring (ACS) space.

Maybank Investment Bank (Maybank IB) Research said based on CTOS Digital’s recent briefing, it is positive on the company’s regional acquisitions of ACS firms, and acquisitions are likely to be long-run value accretive.