- FI Data Business refers to credit bureaus that provide subscribing members - mainly banks and FIs - with access to credit information on individuals or corporates. CBA has established
Credit Bureau Asia ("CBA" or the "Company") is offering 30m shares at 93 cents for its upcoming IPO of which 28.5m shares will be via placement and 1.5m for the public offering. Including the cornerstone investors offering of 28m shares, the market cap for CBA at listing is $214.3m. The IPO will close on 1 Dec 2020 at 12pm.
Principal Business
The Company is a leading credit and risk information solutions provider in Southeast Asia, providing credit reports to an extensive client base such as banks, MNCs, government agencies across Singapore, Malaysia, Cambodia and Myanmar. CBA provides data to help its customers make better-informed and more timely decisions by enhancing their risk assessment and decision making processes.
CBA business can be broadly categorised into Financial Institution (FI Data Business) and Non-FI Data Business.