CTOS Digital Bhd Watchlist
CTOS Digital Lock-Up Expiry:High Chance of Slow Motion Creador Exit but There Should Be Ample Buyers
Equity Capital Markets
181 Views, 12 Jan 2022 08:45
- CTOS Digital (CTOS) raised around US$291m in its Malaysian IPO in Jul 2021. It is majority owned by Creador, a PE firm.
- The stock has done well since listing and is now trading 72% above its IPO price.
- In this note, we talk about the updates since listing and the upcoming lock-up expiry.