CTOS Digital To Sell 26% Stake In Experian For RM80m

CTOS Digital Bhd is selling its entire 26% stake in Experian Information Services (Malaysia) Sdn Bhd to Experian (Malaysia) Sdn Bhd for RM80 million in cash.

CTOS acquired the stake in 2019 for RM56.2 million. The disposal is expected to generate a one-off gain of about RM18 million, which could boost earnings per share by roughly 30% based on the group’s nine-month results ended Sept 30, 2025.

The sale was completed through CTOS subsidiaries Enfo Sdn Bhd and CTOS Insights Sdn Bhd. Following the transaction, Experian Information Services will no longer be an associate of CTOS.

CTOS said the move supports its strategy to streamline investments and focus capital on core businesses and future growth. Of the RM80 million proceeds, RM49 million will be used to repay borrowings, RM1.6 million for capital gains tax, and RM29.4 million for working capital and other corporate purposes.

The debt repayment is expected to improve the group’s gearing ratio from 27% to about 20% upon completion.

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