CTOS Digital units dispose of 26% stake in Experian Information Services for RM80mil


KUALA LUMPUR: CTOS Digital Bhd said two wholly-owned subsidiaries, Enfo Sdn Bhd and CTOS Insights Sdn Bhd, have entered into a sales and purchase agreement with Experian (Malaysia) Sdn Bhd for the proposed disposal of their entire 26% stake in Experian Information Services (Malaysia) Sdn Bhd for RM80mil cash.

In a filing with Bursa Malaysia, CTOS said the original acquisition price of the 26% equity interest by the two subsidiaries was RM56.2mil in July 2019.

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CTOS Digital , Experian , disposal

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