Teo: ‘Companies are spending more on disaster recovery and continuity to minimise business interruption.’
KUALA LUMPUR: Enterprise data management (EDM) firm Kronologi Asia Bhd
plans to raise funds to meet the capital requirements of its regional expansion plans in the medium-term.
While there are no indications if the Ace market-listed group is raising funds via the capital market, internally-generated funds or bank borrowings, acting CEO and chief technology officer Philip Teo said that Kronologi would commence the fund raising exercise during the current quarter.
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