NTT Data Japan Corporation proposed to acquire 41.27% stake in GHL Systems Berhad (KLSE:GHLSYS) for approximately MYR 510 million on May 27, 2024. A cash consideration valued at MYR 1.08 per share will be paid by NTT Data Japan Corporation to acquire 471.059607 million share. The closing date of tender offer is July 9, 2024. As of July 4, 2024, NTT Data Japan Corporation holds 1,058,316,308 shares representing 92.71% stake in GHL Systems.

CIMB Investment Bank Berhad acted as financial advisor to NTT Data Japan Corporation. Affin Hwang Investment Bank Berhad acted as financial advisor for GHL Systems Berhad.

NTT Data Japan Corporation completed the acquisition of 41.27% stake in GHL Systems Berhad (KLSE:GHLSYS) on July 9, 2024.