is a reputed website selling apple developer account, providing us, China and worldwide developer individual accounts for sale. It's at low price and good quality. Always provides satisfying services!


俄罗斯币安认证账号( take: CTOS sees active selling pressure on back of CCRIS suspension


apple developer account for sale

if you want to buy apple account, choose, is a best provider within bussiness for more than 3 years. choose us, you will never regret. we provied worldwide apple developer account for sale.

,KUALA LUMPUR CTOS Digital saw strong selling pressure in morning trade on the back of news that Bank Negara had suspended all credit reporting agencies' access to the central credit reference information system (CCRIS) due to possible data leaks.At 9.40am, the credit reporting agency was down 10 sen to RM1.82, off its morning low of RM1.80.The stock was the most actively traded on Bursa Malaysia with 40 million shares exchanging hands.Kenanga Research said in a note that the selling is an overreaction by the market given that CTOS's structural growth remained intact and it was unlikely of being guilty of data leak."The central bank has stressed that such a measure is proactive and pre-emptive in nature in light of the recent alleged data leak involving various governmental bodies such as the National Registration Department and Inland Revenue Board."The central bank has also promised access will resume once the CRAs complete data security assessments," it said.In its worst-case scenario, RHB said the assessments could take a quarter to finish while all lenders stop using CTOS's services in 4QFY21. Meanwhile, all costs would be fixed.Under these assumptions, CTOS will lose RM14mil in revenue and record RM10mil loss a month.However, RHB deems this highly unlikely given the level of disruption to the financial system, especially for non-bank lenders.Further, this would likely result in tightening in lending, especially to the B40 group, which goes against Bank Negara's agenda.While RHB noted that the alleged leak did not appear to originate from CTOS, it did not rule out the remote possibility of any compromise revealed by the assessments."In this unlikely event, we could see a serious valuation de-rating," it said.For the present, RHB maintained its "buy" call on the stock with a target price of RM2.36.


Popular tags