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Japan s NTT Data buys majority in SE Asian payments provider GHL, Apis Partners exits

London-based PE firm Apis Partners has sold its entire stake in Southeast Asian payments provider GHL to Japanese tech firm NTT Data Japan.

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NTTD Japan to acquire 58 73% in GHL Systems

KUALA LUMPUR: NTT Data Japan Corp (NTTD Japan) has entered into an unconditional share purchase agreement with vendors Actis Stark (Mauritius) Ltd, APIS Growth 14 Ltd, Loh Wee Hian and Tobikiri Capital Ltd who collectively own 58.73% in GHL Systems Bhd for the purchase of their stake for RM724mil.

Kuala lumpurActis stark mauritius ltdInvestment bank bhdTobikiri capital ltdData japan corpJapan corpActis starkLoh wee hianCapital marketsServices actBank bhdBursa malaysia

NTTD Japan to acquire 58 73% stake in GHL Systems, extends RM1 08/share takeover offer

NTTD Japan to acquire 58 73% stake in GHL Systems, extends RM1 08/share takeover offer
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Kuala lumpurActis stark mauritius ltdTobikiri capital ltdInvestment bank bhdData japan corporationJapan corporationActis starkLoh wee hianCapital marketsServices actBank bhdBursa malaysia