CTOS Digital Berhad (KLSE:CTOS) entered into a conditional share sale and purchase agreement to acquire 49% stake in Juris Technologies Sdn Bhd from Natsoft (M) Sdn Bhd for approximately MYR 210 million on December 24, 2021. The Purchase Consideration will be funded via the proceeds to be raised by a proposed placement of new CTOS Digital Shares pursuant to the Proposed General Mandate. Transaction is subject to approval of the shareholders of CTOS Digital at an EGM of the Company, and other conditions.

As of February 4, 2022 , the EGM is scheduled to take place on February 21, 2022. Transaction is expected to be completed by the end of the first quarter of 2022. Maybank Investment Bank Berhad acted as principal financial advisor to CTOS Digital Berhad (KLSE:CTOS).

Ho Wei Lih of Rahmat Lim & Partners acted as legal advisor to CTOS Digital Berhad (KLSE:CTOS).