KUALA LUMPUR, Feb 17 — CTOS Digital Bhd has proposed to undertake a share placement to raise RM270 million to pay for the proposed acquisition of a 49 per cent stake Juris Technologies Sdn Bhd and an additional 2.25 per cent stake in Thailand-based Business Online Public Company Limited (BOL).
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.