Higher profits for ECS

Kuala Lumpur, Malaysia, 17 February 2011 – Malaysia’s leading Information & Communications Technology (“ICT”) distributor ECS ICT Berhad (“ECS”, “佳杰科技”; Bloomberg: ECS MK; Reuters: ECSI.KL) posted a 15.6% increase in group net profit to RM28.9 million for the financial year ended 31 December 2010 (“FY2010”).  The increase in profit was achieved despite the 5.5% lower […]

Samsung strengthens partnership with ECS for ICT distribution in Malaysia  

Kuala Lumpur, Malaysia, 25 January 2011 – Global leading consumer electronics provider, Samsung has strengthened its partnership with leading ICT distribution hub ECS ICT Berhad (“ECS”, “佳杰科技”; Bloomberg: ECS MK; Reuters: ECSI.KL) to distribute the entire range of Samsung notebooks and Galaxy Tab to the Malaysian market.  Samsung’s Malaysia unit, Samsung Malaysia Electronics Sdn Bhd […]

ECS bets on selling iPads, iPhones in China

By Eveline Danubrata SINGAPORE (Reuters) – Singapore-listed ECS Holdings , which recently clinched nation-wide distribution rights for Apple’s iPad and iPhone in China, hopes to raise gross proceeds of around $50 million from the listing of its Taiwan Depository Receipts. The firm is in the process of submitting documents to Taiwan’s regulator and aims to […]

IT distributor ECS eyes US$50m from TDR listing

SINGAPORE – Singapore-listed ECS Holdings, which recently clinched nation-wide distribution rights for Apple’s iPad and iPhone in China, hopes to raise gross proceeds of around US$50 million from the listing of its Taiwan Depository Receipts. The firm is in the process of submitting documents to Taiwan’s regulator and aims to make its debut on the […]

ECS ICT inks deal with Schneider Electric’s APC to distribute power management products

Marks the first power management and cooling equipment to be distributed through the Group’s ICT channel nationwide Selangor, Malaysia, 29 October 2010 – ECS ICT Berhad (“ECSB”, “the Group”, “佳杰科 技”; Bloomberg: ECS MK; Reuters: ECSI.KL), Malaysia’s leading distribution hub for Information & Communications Technology (“ICT”) products, signed a distribution agreement with Schneider Electric’s American […]

YTL Communications to have Malaysia’s biggest 4G distribution network with ECS partnership 

Kuala Lumpur, 26 October 2010 – YTL Communications Sdn Bhd which will be launching its converged 4G mobile Internet network on November 18 2010 today formalized an exclusive distributorship deal with a subsidiary of ECS ICT Berhad (“ECSB”, “佳杰科技”; Bloomberg: ECS MK; Reuters: ECSI.KL) to distribute the YTL Communications’ 4G devices through ECSB’s nationwide ICT […]

SGX-listed ECS signs US$89 million syndicated loan

Singapore, 30 August 2010 – ECS Holdings Limited (“ECS” or “the Group”) signed a US$89 million syndicated financing package comprising a Term Loan Facility (“TLF”) and a Revolving Credit Facility (“RCF”) (collectively, the “Facilities”) today with a syndicate of eight major local and regional financial institutions.  The Facilities are intended to bolster ECS’ financial resources […]

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