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 […]
MATRADE Optimistic About Trade Growth As Franchise Expo Malaysia 2024 Kicks Off
KUALA LUMPUR, July 11, 2024 – The Malaysia External Trade Development Corporation (MATRADE) is optimistic that trade figures will improve this year. This optimism is based on an 8.7 percent growth in trade to RM1.158 trillion compared to the corresponding period last year, with exports increasing by 4.5 percent to RM605.25 billion and a trade […]
NRES: Government balance the economic needs and public welfare while pursuing the goal of zero greenhouse gas emissions
KUALA LUMPUR, July 4 – Datuk Nor Hayati Binti Awang, Deputy Secretary General of the Ministry of Natural Resources and Environmental Sustainability (NRES) said that the government is looking into revising existing policies and is striving to transition Malaysia from a traditional linear economy to a circular economy in order to embrace the trend of […]
Shareholder Approved ICT Zone Transfer To ACE Market
KUALA LUMPUR, 21 June – Shareholders of technology financing solutions provider ICT Zone Asia Berhad have voted in favour of withdrawing the group’s listing from the LEAP Market and subsequently listing on the ACE Market of Bursa Malaysia Securities Bhd. This also includes the holders of irredeemable convertible preference shares (ICPS). The group, which […]
ICT Zone Asia achieved RM251.2 million orderbook
KUALA LUMPUR, MAY 31 – Technology financing solutions provider ICT Zone Asia Berhad achieved RM251.2 million in total unbilled orderbook for FY24, with a compound annual growth rate (CAGR) of 63.8% over a 3-year period. The LEAP market-listed group, which will seek shareholders’ approval to transfer to the ACE market at the upcoming EGM […]
Ge-Shen net profit jumped 275% in Q1FY24
KUALA LUMPUR, MAY 23, 2024 – Contract manufacturer Ge-Shen (the Group) experience a surge in profit-after-tax (PAT) of 275% at the start of financial year of 2024, rising from a loss of RM1.76 million to RM3.07 million in the quarter ended 31st March 2024, compared to the corresponding period a year ago. In a […]
ForestHill Spearheads Sustainable Living Through Strategic MoU Signings
KUALA LUMPUR, May 18: ForestHill Residences under Ehsan Bina Group has announced strategic partnerships with Maybank Islamic Bhd, Daikin Malaysia, and Teka Group to accelerate sustainable living initiatives in Malaysia. These collaborations showcase the developer’s commitment to innovative financing, energy-efficient technologies, and eco-friendly home designs. Through these collaborations, ForestHill aims to make sustainable homeownership more […]