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BUSINESS

CTOS DIGITAL MAKES STRONG DEBUT, SURGES UP TO RM1.76

19/07/2021 10:42 AM

KUALA LUMPUR, July 19  -- Main market debutant CTOS Digital emerged as the most active counter in the early trading, surging up to RM1.76 or 26 sen above its offer price of RM1.10.

At 10.15am, CTOS Digital jumped 49 sen to RM1.59, with 203.39 million shares done.

It is a holding company of credit reporting agencies, namely CTOS in Malaysia and BOL in Thailand.

On Friday, CTOS Digital reported a higher net profit of RM19.53 million for the six months ended June 30, 2021 from RM15.62 million over the same period last financial year while revenue went up to RM75.80 million from RM64.73 million, with a strong contribution from Malaysian and international operations. 

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