VSTECS posts 2Q net profit of RM15mil


The company said its cloud services and subscription base have seen consistent growth in recent quarters.

PETALING JAYA: Vstecs Bhd expects the increasing investment and demand for data centres to benefit Malaysia’s economy and its enterprise business.

In a filing with Bursa Malaysia, the information and communications technology distributor noted that over the past few weeks, there had been a notable rise in inquiries for infrastructure equipment with artificial intelligence for data centres.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Next In Business News

YTL Group appoints Yeoh family members to alternate director posts
Singapore Exchange CEO calls for succession planning as contract nears end in 2027
Innovation key driver of trade in Asia-Pacific region
Kerian Industrial City to generate 12,000 jobs in Perak
BNM conducts national risk assessment in 2027, focusing on designated non-financial businesses and professions sectors
Comfort Gloves settles tax disputes with IRB for RM8.3mil
Bestari Food secures SC approval for Main Market listing
Former Bursa Malaysia CEO Umar Swift to helm Hong Leong Investment Bank
FBM KLCI reverses early gains to end morning session lower
Australian agency mulled firing KPMG over data-handling rule breach, documents show

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read