Document Submission

10/08/2022

Circular/Notice to Shareholders

CTOS DIGITAL BERHAD

Subject CIRCULAR TO SHAREHOLDERS DATED 10 AUGUST 2022 IN RELATION TO THE: (PART A) (I) PROPOSED ACQUISITION OF 19.9% EQUITY INTEREST IN RAM HOLDINGS BERHAD ("RAM") BY CTOS DIGITAL BERHAD ("CTOS DIGITAL") FROM OSCAR MATRIX SDN BHD FOR A CASH CONSIDERATION OF APPROXIMATELY RM51.3 MILLION OR RM25.80 PER ORDINARY SHARE IN RAM; AND (II) PROPOSED ACQUISITION OF UP TO AN ADDITIONAL 30.9% EQUITY INTEREST IN RAM BY CTOS DIGITAL AT PRICES TO BE DETERMINED FOR A CASH CONSIDERATION OF UP TO RM28.50 PER ORDINARY SHARE IN RAM; (PART B) INDEPENDENT ADVICE LETTER FROM TA SECURITIES HOLDINGS BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF CTOS DIGITAL IN RELATION TO THE PROPOSED RAM ACQUISITION; AND (PART C) STATEMENT TO SHAREHOLDERS IN RELATION TO THE PROPOSED AUTHORITY FOR CTOS DIGITAL TO PURCHASE UP TO 10.0% OF ITS TOTAL NUMBER OF ISSUED SHARES


Please refer attachment below.



Announcement Info

Company Name CTOS DIGITAL BERHAD
Stock Name CTOS
Date Announced 10 Aug 2022
Category Document Submission
Reference Number DCS-10082022-00003


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