NTT DATA Japan to Acquire Majority Stake in GHL Systems for MYR724 Million; GHL Systems' Shares Jump 4%

MT Newswires Live05-28

NTT DATA Japan's (TYO:9613) agreed to acquire 58.73% of Malaysian payment service provider GHL Systems (KLSE:GHLSYS) for 724.1 million ringgit, according to a Tuesday Malaysian bourse filing.

Under the deal, the Japanese information technology company will buy 670,440,235 shares from major shareholders, including Actis Stark (Mauritius), APIS Growth 14, Loh Wee Hian, and Tobikiri Capital.

Through CIMB Investment Bank, NTT DATA Japan will execute an unconditional mandatory take-over offer to buy out the remaining stake in GHL Systems, according to the rules of Bursa Malaysia.

The offer price is set at 1.08 ringgit per share, in line with the acquisition price from the major shareholders, the filing noted.

Shares of GHL Systems jumped 4% recently in Malaysia.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2438310021?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-28 15:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2438310021","market":"us","top_or_hot":-1,"title":"NTT DATA Japan to Acquire Majority Stake in GHL Systems for MYR724 Million; GHL Systems' Shares Jump 4%","media":"MT Newswires Live","content":"<html><body><p> NTT DATA Japan's (TYO:9613) agreed to acquire 58.73% of Malaysian payment service provider GHL Systems (KLSE:GHLSYS) for 724.1 million ringgit, according to a Tuesday Malaysian bourse filing.</p><p>Under the deal, the Japanese information technology company will buy 670,440,235 shares from major shareholders, including Actis Stark (Mauritius), APIS Growth 14, Loh Wee Hian, and Tobikiri Capital.</p><p>Through CIMB Investment Bank, NTT DATA Japan will execute an unconditional mandatory take-over offer to buy out the remaining stake in GHL Systems, according to the rules of Bursa Malaysia.</p><p>The offer price is set at 1.08 ringgit per share, in line with the acquisition price from the major shareholders, the filing noted. </p><p>Shares of GHL Systems jumped 4% recently in Malaysia.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NTT DATA Japan to Acquire Majority Stake in GHL Systems for MYR724 Million; GHL Systems' Shares Jump 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNTT DATA Japan to Acquire Majority Stake in GHL Systems for MYR724 Million; GHL Systems' Shares Jump 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-28 15:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NTT DATA Japan's (TYO:9613) agreed to acquire 58.73% of Malaysian payment service provider GHL Systems (KLSE:GHLSYS) for 724.1 million ringgit, according to a Tuesday Malaysian bourse filing.Under the...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GHL","symbol_name":"格林希尔事务所","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2438310021","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2438310021","pubTimestamp":1716880414,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"NTT DATA Japan's  agreed to acquire 58.73% of Malaysian payment service provider GHL Systems  for 724.1 million ringgit, according to a Tuesday Malaysian bourse filing.Under the deal, the Japanese information technology company will buy 670,440,235 shares from major shareholders, including Actis Stark , APIS Growth 14, Loh Wee Hian, and Tobikiri Capital.Through CIMB Investment Bank, NTT DATA Japan will execute an unconditional mandatory take-over offer to buy out the remaining stake in GHL Systems, according to the rules of Bursa Malaysia.The offer price is set at 1.08 ringgit per share, in line with the acquisition price from the major shareholders, the filing noted. Shares of GHL Systems jumped 4% recently in Malaysia.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GHL":"格林希尔事务所","BK4127":"投资银行业与经纪业"},"translate_title":"NTT数据日本公司将以7.24亿马来西亚元收购GHL系统公司的多数股权；GHL系统公司股价上涨4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GHL":1},"content_text":"NTT DATA Japan's (TYO:9613) agreed to acquire 58.73% of Malaysian payment service provider GHL Systems (KLSE:GHLSYS) for 724.1 million ringgit, according to a Tuesday Malaysian bourse filing.Under the deal, the Japanese information technology company will buy 670,440,235 shares from major shareholders, including Actis Stark (Mauritius), APIS Growth 14, Loh Wee Hian, and Tobikiri Capital.Through CIMB Investment Bank, NTT DATA Japan will execute an unconditional mandatory take-over offer to buy out the remaining stake in GHL Systems, according to the rules of Bursa Malaysia.The offer price is set at 1.08 ringgit per share, in line with the acquisition price from the major shareholders, the filing noted. Shares of GHL Systems jumped 4% recently in Malaysia.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2438310021"}