M1 to buy up to 70% of Glocomp


A Glocomp product. Glocomp XaaS provides proactive monitoring of devices deployed to meet different service level requirements.

PETALING JAYA: Singaporean telecommunications provider M1 Ltd is acquiring up to a 70% stake in Glocomp Systems (M) Sdn Bhd, as well as its affiliated companies Global Computing Solutions Sdn Bhd (GCS) and GCIS Sdn Bhd.

M1 will acquire all three Malaysia-based digital solutions firms for RM111mil via its wholly-owned Malaysian subsidiary AsiaPac Technology (M) Sdn Bhd.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read