admin – Page 32 – VSTECS Berhad

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 […]

ECS ICT Research Report by MIMB

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 […]

ECS Group’s 2Q 2010 net profit jumps 73.4% to $15.5 million led by strong one-time gain on equity dilution and disposal in Malaysian associate, ECS ICT

Singapore, 13 August 2010 – ECS Holdings Limited (“ECS” or the “Group”) announced today a 73.4% surge in the net profit after tax and minority interests (“net profit”) for the second quarter ended 30 June 2010 (“2Q 2010”), lifted by a one-time gain from the dilution and partial disposal of a 20%-stake in its Malaysian […]