( fintech) specialist Juris Technologies Sdn Bhd( JurisTech) for RM205. 8mil cash, the group’s largest ever

technology( fintech) specialist JurisTech( Juris Technologies Sdn Bhd) for RM205. 8mil cash – the

PETALING JAYA: CTOS Digital Bhd is expected to record a compounded annual growth rate of 22% from this year to 2024. This will be mainly driven by the broadening of data assets which will move up the value chain and deepen its share of wallets in the credit bureau industry. According to UOB Kay Hian( UOBKH) Research, there will be further vertical expansion and deployment of new solutions into other economy sectors and synergies and incremental revenue from newly-acquired associates – Business O

PETALING JAYA: Investor sentiment on CTOS Digital Bhd continues to improve after the credit rating agency announced several corporate exercises that could accelerate its growth. The counter closed three sen, or 1.7%, higher at RM1.76 yesterday, off an intraday high of RM1.79. Last Friday, CTOS proposed three corporate exercises – the first entails the buying of a 49% stake in Juris Technology Sdn Bhd for RM205. 8mil. The second is the acquisition of a 2.25% stake in Business Online Public Co Ltd

PETALING JAYA: Given its scalable business model, CTOS Digital Bhd is expected to continue capitalising and riding on the strong demand wave for credit reporting. This is driven by rising financial literacy, small and medium enterprise( SME) expansion and the emergence of digital banking.It is in an under-penetrated industry where credit reporting revenue per capita is about 38 to 56 times smaller than developed nations like the United States and Britain. Hong Leong Investment Bank( HLIB) Resear

Its results came within expectations of analysts. UOB Kay Hian Research( UOBKH) said CTOS is poised to record a stellar three-year net profit compound annual growth rate of 19% in 2023-2025.... StarPicks Start your higher education journey with a solid foundation However, UOBKH said the positives have been fairly priced in the current share price and valuations.... RHB Research anticipates another record high in earnings for CTOS, which it said demonstrates its recession-proof business model..

Its results came within expectations of analysts. UOB Kay Hian Research( UOBKH) said CTOS is poised to record a stellar three-year net profit compound annual growth rate of 19% in 2023-2025.... StarPicks Start your higher education journey with a solid foundation However, UOBKH said the positives have been fairly priced in the current share price and valuations.... RHB Research anticipates another record high in earnings for CTOS, which it said demonstrates its recession-proof business model..