NTT Data Japan acquires 58.73% stake in Malaysian payments firm GHL Systems for $154.2M.
NTT Data Japan Corp., a subsidiary of Japan's NTT Data Group Corp., has agreed to purchase a 58.73% stake in Malaysian payments firm GHL Systems Bhd for 724.1 million ringgit ($154.2 million). The deal requires NTT Data Japan to make a mandatory takeover offer for the remaining shares. This acquisition represents Japanese firms' interest in Southeast Asia's growth potential.
May 27, 2024
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