PETALING JAYA: SMRT Holdings Bhd
is planning to acquire a 37.5% stake in Singapore-based Novus Technologies Pte Ltd (NTPL) for S$7.09mil, or RM22.48mil, which marks another step in the group’s shift toward a pure-play information technology business.
The company said it signed a conditional sale and purchase agreement yesterday with Asia Fintech Ventures Group Pte Ltd (AFVG), the sole shareholder of NTPL, for 1.69 million shares in the digital infrastructure and payments technology firm.
