KUALA LUMPUR: CTOS Digital Bhd has proposed to undertake a share placement to raise RM270mil to pay for the proposed acquisition of a 49% stake in Juris Technologies Sdn Bhd and an additional 2.25% stake in Thailand-based Business Online Public Company Limited, Bernama reported.
KUALA LUMPUR: Investors could be eyeing Datasonic, Asia Poly, Bintai Kinden, CTOS, British American Tobacco, Carlsberg, Hibiscus Petroleum, Kobay Technology and Kossan, said JF Apex Research.
KUALA LUMPUR: CTOS Digital Bhd has proposed to undertake a share placement to raise RM270 million to pay for the proposed acquisition of a 49 per cent stake Juris Technologies Sdn Bhd and an additional 2.25 per cent stake in Thailand-based Business Online Public Company Limited (BOL).
KUALA LUMPUR: CTOS Digital Bhd posted a net profit of RM42.98mil in the financial year ended Dec 31, 2021, which was a 9.7% improvement over the result of the previous year.
Based on corporate announcements and news flow on Friday, companies in focus next Monday may include CTOS Digital Bhd, Malton Bhd, Pavilion Real Estate Investment Trust, Pacific & Orient Bhd, Carimin Petroleum Bhd, Global Oriental Bhd, and Cuscapi Bhd.