G3 Global Berhad (G3 ), a developer of artificial intelligence (AI) and other information technology (IT) - based solutions for various industries, remains committed to the vision of the Memorandum of Understanding (MoU) with SenseTime Group Ltd (SenseTime) and China Harbour Engineering Company Ltd (CHEC) for the development of an AI Park.
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Artificial Intelligence specialist G3 Global Berhad (G3) has cemented its entry into the higher-margin Healthcare business - beginning with the sale of COVID-19 test kits - after it received approval from its shareholders today. Via a virtual Extraordinary General Meeting (EGM), the shareholders also approved a cash call to grow the Healthcare and ICT divisions; a higher limit to issue new shares; and the engagement in related party transactions (RPT).
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Artificial Intelligence specialist G3 Global Berhad ("G3 Global" or "Group") completed its financial year ended 31 December 2021 ("FY2021") on a positive note as the Group's quarterly revenue surged to the highest level in over 4 years. The stellar performance of its new Healthcare division, where revenue increased by more than 700% quarter-on-quarter ("q-o-q") due to stronger sales of COVID-19 antigen kits, propelled G3 Global closer to its turnaround target.
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G3 Global Berhad ("G3 Global") has appointed Malaysian civil service veteran Dato' Sri Alias bin Ahmad as Independent Non-Executive Director and Chairman with effect from January 4.
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