VSTECS to sell stake in ISATEC for RM49mil
PETALING JAYA: Vstecs Bhd is proposing to dispose of its entire 40% stake in Isatec Sdn Bhd for RM48.75mil cash as it seeks to monetise the investment and redeploy capital into its core businesses. The information and communications technology distributor said the disposal to Skyform Pte Ltd, a digital and artificial intelligence transformation services provider, […]
VSTECS to exit ISATEC for RM48.75 mil as its eyes core ICT expansion
KUALA LUMPUR (Sept 1): VSTECS Bhd (KL:VSTECS) is cashing out of its seven-year investment in software company ISATEC Sdn Bhd for RM48.75 million as it plans to redirect capital towards larger projects in areas including artificial intelligence (AI) and data-centre infrastructure. The information and communications technology (ICT) distributor is selling its entire 40% stake in […]
Unlocking value through ISATEC disposal
VSTECS to monetise investment in ISATEC for RM48.75 million
Memory tailwinds offset near-term risks
Poised for a Stronger 2HFY26
2Q26: Within Expectations, Growth Momentum To Resume In 2H26
VSTECS 2Q net profit jumps 50% to RM30.31mil on strong growth across all business segments
KUALA LUMPUR: Vstecs Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) increased 50 per cent to RM30.31 million from RM20.17 million in the same period a year ago, underpinned by strength across all business segments. Revenue jumped 31.7 per cent to RM1.08 billion from RM818.87 million previously, attributed to higher […]
VSTECS’ 2Q net profit jumps 50% on broad-based growth, higher public sector project deliveries
KUALA LUMPUR (Aug 12): Information and communications technology (ICT) distributor VSTEC Bhd (KL:VSTECS) posted a 50% year-on-year (y-o-y) jump in second-quarter net profit, driven by broad-based growth across its business segments and higher public sector project deliveries. Net profit for the quarter ended June 30, 2026 (2QFY2026) rose to RM30.31 million from RM20.17 million a […]
VSTECS Q2 earnings jump 50pct to RM30.31mil on strong growth across all segments
KUALA LUMPUR: Vstecs Bhd’s net profit for the second quarter ended June 30, 2026 increased 50 per cent to RM30.31 million from RM20.17 million in the same period a year ago, underpinned by strength across all business segments. Revenue jumped 31.7 per cent to RM1.08 billion from RM818.87 million previously, attributed to higher sales from […]
