PETALING JAYA: Cloudpoint Technology Bhd
’s proposed acquisition of CX One Sdn Bhd for RM16.8mil is expected to enhance earnings and expand its existing capabilities, CIMB Research says.
The group recently proposed to buy a 100% equity stake in CX One, an enterprise solutions provider specialising in unified communications and customer experience integration.
The deal comes with a cumulative profit guarantee of RM7.5mil across the financial years 2026 to 2028 (FY26 to FY28).
“This implies an effective valuation of 6.8 times price earnings (PE), based on an average annual profit after tax of RM2.5mil over the period. Structurally, 50% of the consideration will be paid over the profit guarantee period, contingent on fulfilment of the profit guarantee conditions,” it added.
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