CTOS prospects remain bright despite court ruling

KUALA LUMPUR: CTOS Digital Bhd is optimistic over its day in court, set for July 9, 2024, but analysts are weighing the risks of a potentially unfavourable outcome.

Following a High Court decision in March, the credit reporting agency is scheduled to appeal a ruling that it is not authorised to formulate a credit reporting score under the Credit Reporting Agencies Act 2010 (CRAA).