PETALING JAYA: SRKK AI Bhd sees Microsoft Corp’s landmark US$2.2bil (RM8.99bil) investment in Malaysia as a catalyst for the country’s artificial intelligence (AI) ecosystem, creating new opportunities for the group to deepen its presence in AI-driven digital transformation and managed technology services.
Chief executive officer Yew Lip Sin said the reason why Microsoft invested into the country was due to the enormous potential it saw. “We’re seeing people who don’t normally use the cloud, are now doing just that. They can rely on the cloud because of data residency.
“If Microsoft has invested that much, this also shows that they expect further growth,” he told reporters during the group’s prospectus launch here yesterday.
According to Yew, for every US$1 that is spent on a Microsoft technology, the partner-attached value is about US$8.
“We are ready to capture this. Microsoft also does not manage its partners according to each country, so essentially, the quicker we grow, the better it is for Microsoft,” he added.
SRKK AI implements end-to-end digital transformation solutions for enterprises, and is one of the managed partners of Microsoft.
Being a partner with the multinational technology company has also opened up doors for SRRK AI. Yew said when SRRK AI expressed an interest to step into Indonesia, Microsoft helped.
“In Indonesia, there are many practitioners, but the market is very saturated. They do not have good players yet.
“In the last few months, we’ve gone in and completed four proof of concepts (POCs), which Microsoft paid us to do. Our job is now to convert those POCs into real projects,” he explained.
Yew told StarBiz that the group plans to officially enter Indonesia in the next six months, and as soon as funds become available to them.
Meanwhile, SRRK AI plans to raise RM20.48mil in proceeds from its initial public offering.
The group aims to list on the ACE Market of Bursa Malaysia on July 9, 2026.
