KUALA LUMPUR: Revenue Group Bhd
has entered into a share sales agreement with Datasonic Group Bhd for the proposed disposal of its entire 51% equity interest in Innov8tif Holdings Sdn Bhd for RM40mil cash.
In a stock exchange filing, Revenue said it had resolved to divest its investment in Innov8tif and focus its efforts and resources to focus on the electronic transaction processing segment and the digital payment services segment, which will continue be one of the key contributors to the group’s revenue.
