TIME dotCom Berhad subsidiary AVM Cloud recently signed a collaboration agreement with Consolsys Sdn Bhd (Consolsys) to bring 'next generation' Financial Services Industry (FSI) solutions to the Malaysian market.
KUALA LUMPUR, Oct 26 Ancom Bhd said its shareholders have agreed to its proposal to fully acquire Nylex (Malaysia) Bhd for RM179.3 million, during an extraordinary general meeting today. The acquisition will include a net payment of RM96.7 million in order for Ancom to acquire the remainder of.
AVM Cloud: Multi-cloud operations requires advanced data management and protection
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KUALA LUMPUR, 25 June 2021 – According to AVM Cloud Chief Technology Officer Kenny Lim
(pic above), the organisations of today need to put in place a strong data management foundation, to ensure that their digital investments deliver the returns that they expect, creating a more intelligent and more successful business.
“In order to do this, they will have to deploy cloud technologies that ensure scalable, flexible, and reliable data availability, backup, and recovery. They will also need to enhance their businesses’ technical capabilities, to ensure employees can draw on data insights and use new technologies as they are deployed,” said Kenny.
TIME dotCom Posts Resilient Growth for Q1 2021
in Time dotCom
03/06/2021
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TIME dotCom Berhad (“TIME” or “the Group”) announced a consolidated Group revenue of RM331.3 million for the quarter ended 31 March 2021. The 12.7% year-on-year revenue growth was mainly attributed to higher revenue from the data centre and data product groups.
The Group’s consolidated profit before tax eased RM0.2 million, or 0.1%, to RM125.4 million for the period under review when compared to the RM125.6 million recorded for the same 3-month period in 2020. This was primarily the result of a lower net gain on foreign exchange of RM8.3 million in the quarter, as compared to RM27.1 million in the prior year period.