CTOS Digital Berhad (KLSE:CTOS) entered into a share purchase agreement to acquire an additional 3.5% stake in RAM Holdings Berhad from Standard Chartered Bank Malaysia Berhad for MYR 7.6 million on December 8, 2021. The transaction will be fully funded by cash proceeds raised from CTOS Digital's recent initial public offering. The acquisition is not subjected to the approvals of CTOS Digital's shareholders or other relevant regulatory authorities. The transaction is expected to be completed on December 8, 2021.

CTOS Digital Berhad (KLSE:CTOS) acquired an additional 3.5% stake in RAM Holdings Berhad from Standard Chartered Bank Malaysia Berhad in December, 2021.