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Infoline Tec Group Berhad is an information technology (IT) infrastructure and cybersecurity provider. It offers holistic IT solutions ranging from server solutions, storage solutions, and networking solutions. Its segments are IT infrastructure solutions, cybersecurity solutions, managed IT services and other IT services, and trading of ancillary hardware and software. IT Infrastructure Solutions segment is engaged in the design and implementation of IT infrastructure solutions, which include assessing and evaluating customers’ business environments to consult and recommend an appropriate IT infrastructure design that meets their business needs. The Cybersecurity Solutions segment offers a combination of hardware and software products as well as installation and implementation services for the prevention of cyber threats and attacks. Managed IT Services and Other IT Services segment offers managed network services, such as outsourced monitoring and management of customers’ network.
PETALING JAYA: Arka Bhd, formerly known as Transocean Holdings Bhd, is disposing its 40% stake in Enfrasys Solutions Sdn Bhd (ESSB) to Joy Jewel Sdn Bhd for RM43mil.
Infoline Tec Group Bhd has proposed to acquire two adjoining three-storey semi-detached factory buildings in Sungai Buloh, Selangor, for a total cash consideration of RM18.58mil, alongside plans to introduce an employees' share option scheme.
PETALING JAYA: Infoline Tec Group Bhd has proposed to acquire two adjoining three-storey semi-detached factory buildings in Sungai Buloh, Selangor, for a total cash consideration of RM18.58mil, alongside plans to introduce an employees' share option scheme (ESOS).
INFOLINE TEC GROUP BERHAD ("INFOLINE" OR THE "COMPANY")
(i) PROPOSED ACQUISITION OF PROPERTIES ("PROPOSED ACQUISITION"); AND
(ii) PROPOSED EMPLOYEES' SHARE OPTION SCHEME ("PROPOSED ESOS")
COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")