ICT Zone Asia Transfers to ACE Market, RM0.20 Exit Offer Ready for Shareholders
KUALA LUMPUR, Feb 18 – Technology financing (“TechFin”) solutions provider ICT Zone Asia Berhad (“ICT Zone Asia”; KLSE: ICTZONE (03038)) announced that it had on 17 February 2025 received a notice of unconditional voluntary take-over offer from Datuk Seri Ng Thien Phing and ICT Zone Holding Sdn Bhd to acquire all the remaining shares in […]
ICT Zone Asia receives Bursa approval for move to ACE Market
KUALA LUMPUR, JAN 24 – Technology financing (“TechFin”) solutions provider ICT Zone Asia Berhad (“ICT Zone Asia”; KLSE: ICTZONE (03038)) has received approval from Bursa Malaysia to transfer its listing from the LEAP Market to the ACE Market, according to its exchange filing. The company was initially listed on the LEAP Market in December 2020. […]
Franchise Expo Malaysia 2025 Aims for RM120 Million in Transactions
Kuala Lumpur, 4 December 2024 – The Malaysian Retail Chain Association (MRCA) is targeting RM120 million in transaction value for the 8th Franchise Expo Malaysia (FEM) 2025, set to take place at the Kuala Lumpur Convention Centre (KLCC) from August 21 to 23. This represents a 20% increase from the RM100 million achieved in 2024, […]
LAGENDA PROPERTIES Q3FY2024 NET PROFIT RISES 22.6% TO RM47.3 MILLION
KUALA LUMPUR, 25 NOVEMBER 2024 – Lagenda Properties Berhad (“Lagenda” or “the Group”, KLSE: LAGENDA (7179)), a leading affordable housing and integrated township developer posted a 22.6% year-on-year increase in net profit to RM47.3 million for the third quarter ended 30 September 2024 (“Q3FY2024”). During Q3FY2024, the Group recorded revenue of RM283.4 million, representing […]
Ge-Shen 3Q profit rises 57% due to higher sales in E&E and medical industries
KUALA LUMPUR, 14 November – Leading contract manufacturer Ge-Shen Corporation Berhad (“Ge-Shen” or “Group,” KLSE: GESHEN (7197)) reported a 57% increase in net profit, growing from RM 2.21 million a year ago to RM 3.47 million in Q3 FY24. Revenue for the quarter also grew by 3.5%, rising from RM 65.59 million a year ago […]
Shareholders approved Ge-Shen’s diversification into EMS
KUALA LUMPUR, 22 October – Leading contract manufacturer, Ge-Shen Corporation Berhad (“Ge-Shen”, KLSE: GESHEN (7197)) has received shareholder approval for its strategic diversification into the Electronic Manufacturing Services (EMS) industry and the acquisition of Local Assembly Sdn Bhd (“LA”) in today’s Extraordinary General Meeting (“EGM”). This endorsement marks a significant advancement in Ge-Shen’s initiative to […]
ICT Zone Asia’s 1H FY25 net profit soared 117%
KUALA LUMPUR, SEP 11 – Technology financing solutions provider ICT Zone Asia Berhad (“ICT Zone” or the group) saw its net profit for the 6-month financial period ending 31 July 2024 (“1H FY25”) more than double compared to the previous year, driven by higher gross profit from increased revenue in the technology financing (“techfin”) and […]
ICT Zone Asia wins ESG award at PIKOM Digital Excellence Awards 2024
KUALA LUMPUR, Sept 6 – LEAP Market-listed ICT Zone Asia Berhad won an award for the Environmental, Social, and Governance (ESG) category at the recently concluded PIKOM Digital Excellence Awards 2024 held at the Sunway Resort Hotel yesterday. The 2024 Digital Excellence Awards began accepting nominations in June this year, and a total of […]
Ge-Shen PATMI rose 104% in Q2FY24, recorded highest quarterly revenue
KUALA LUMPUR, AUG 8, 2024 – In a bourse filing today, contract manufacturer Ge-Shen Corporation Berhad (the “Group”) announced that its profit after tax and minority interests (“PATMI”) for the quarter jumped 104% year-on-year from RM 2.19 million to RM 4.47 million for the second quarter of FY24 (“Q2FY24”). The rise in profitability was […]
Kula: Reform Takes Time, But Government Stands Firm
KUALA LUMPUR, 12 JULY – The MADANI government under Prime Minister Datuk Seri Anwar Ibrahim may be receiving brickbats, as many may perceive the government as not implementing reforms. However, M. Kulasegaran, the Deputy Minister in the Prime Minister’s Department (Law and Institutional Reform), said this was not the case, as all provisions cannot […]