KUALA LUMPUR: CTOS Digital Bhd has upped its stake in RAM Holdings Bhd by an additional 3.5%, bringing its total shareholdings in the bond rating agency to 8.1%.
In a statement, the group said it acquired the 350,000 shares in RAM from Standard Chartered Bank Malaysia Bhd for RM7.6mil, to be funded by cash raised from its recent initial public offering (IPO).
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!