Total Dynamic gets bursa's nod to list on LEAP Market

KUALA LUMPUR: Technology company Total Dynamic Holdings Bhd has received approval from Bursa Malaysia Securities Bhd to be listed on the LEAP Market of Bursa Malaysia by way of introduction.

This marks a significant milestone in its corporate journey as it builds a growing technology company focusing on offering integrated logistics management system solutions, said executive chairman Alex Wong in a statement today.

"The company has successfully raised RM5.0 million in proceeds from a pre-listing share placement exercise to private investors and share issuance to its employees to fund their business expansion plans,” he said.

Wong said the expansion plans include investing in a new server infrastructure for its alternate data centre as well as opening three new sales and service centres in Melaka, Kota Kinabalu, and Alor Setar to cater to their anticipated growth.

The company said it offers fleet management solutions known as "TDT GPS,” comprising a suite of cloud-based software applications to track, monitor, and manage information on the movement of commercial vehicles and their drivers using global positioning system technology.

It also provides logistics and warehouse management solutions, known as "Dynamic Move,” to its customers, who are mainly operating in the transportation and logistics sector.

Currently, its head office operations and central monitoring system are based in Seremban, Negeri Sembilan, with five sales and service centres located throughout Malaysia, namely in Butterworth, Klang, Chemor, Kuantan, and Skudai.

Wyncorp Advisory Sdn Bhd is the approved advisor and continuing advisor for the listing exercise of Total Dynamic. - Bernama