GDEX to diversify into IT services and solutions


GDEX said its board is cautiously optimistic about the prospects of the group.

PETALING JAYA: GDEX Bhd is proposing to undertake a diversification of its existing principal activities to include information technology (IT) services and solutions.

In a filing with Bursa Malaysia, the company said it had primarily relied on its core express delivery business, which consistently accounted for over 85% of total revenue for the three years up to its financial year 2023 (FY23).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

ITMAX bags RM36mil govt contract
Firmer ringgit, steady equity gains in 2026
Bursa ends lower on profit-taking after four-day rally�
MEB sells supply vessel for RM74mil
Prestar to acquire land in Selangor for RM17mil
Gamuda’s Australian JV wins RM2.69bil package
TSR Capital bags RM48mil building project
High capital expenditure likely to weigh on Genting
Farm Fresh profits to rise
Petrochemical industry faces historic downturn

Others Also Read