Here is a brief look at some corporate announcements and news flow on Thursday which include Axiata Group Bhd, Hextar Technologies Solutions Bhd, T7 Global Bhd, Fitters Diversified Bhd, Lion Industries Corp Bhd, Lion Posim Bhd, EA Technique (M) Bhd, CTOS Digital Bhd and Pos Malaysia Bhd.
CTOS Digital Bhd has proposed to buy a 19.9% stake in RAM Holdings Bhd from Creador’s Oscar Matrix Sdn Bhd for RM51.3 million or RM25.80 per share. The acquisition, which is expected to be completed by the third quarter of this year, will raise CTOS’ shareholding in RAM to 39.1% or 3.91 million shares, the credit reporting agency said in a filing with Bursa Malaysia.