1. Home
  2. Press release
Sep 01, 2023 21:00 JST

Source: Artroniq Bhd

Artroniq Berhad Secures Pivotal RM9.6 Million E-Commerce and Retail Software Development Project
The procurement of a new, high-value project marks a significant milestone in Artroniq Berhad's diversification strategy and growth trajectory.

PETALING JAYA, Malaysia, Sep 01, 2023 - (ACN Newswire) - Artroniq Berhad, a key contender on the ACE Market, is thrilled to announce the awarding of a substantial new project in the realm of E-Commerce and Retail Software Development. With a project price of RM9,596,000.00, this latest venture is slated to begin in October 2023 and will run over a span of 12 months.

Marcus Chin Choon Wei, Chief Financial Officer of Artroniq Berhad
 


In collaboration with Kiddie Shoppe, Artroniq's subsidiary, EA Global Integrated Sdn Bhd ("EAG"), will provide customised services designed to propel Kiddie Shoppe's retail capabilities to new heights. As part of the services, EAG will offer rigorous training to Kiddie Shoppe's team, ensuring that they are adept at maximising the functionalities and features of the new software. Additionally, EAG will be responsible for ongoing maintenance and support services, all in accordance with the comprehensive Service Agreement.

Marcus Chin Choon Wei, Chief Financial Officer of Artroniq (Link) Mr. Marcus Chin Choon Wei, CFO of Artroniq, expressed his enthusiasm, saying, "This new venture is an epitome of Artroniq's agility and adaptability in the ever-evolving technological landscape. The project not only diversifies our portfolio but also aligns perfectly with our long-term growth strategy."

He further elaborated on the company's strategic direction: "Securing this project augments our existing ventures and opens doors to new market opportunities. This is yet another steppingstone in the actualisation of our corporate vision. With a fortified balance sheet and a growing portfolio, Artroniq is well-positioned to scale new heights in the foreseeable future."

The Project's scope of work is detailed and thorough, necessitating close collaboration between EAG and Kiddie Shoppe. Any amendments to the customised services will require formal agreement, ensuring both parties are committed to achieving the highest standards.

In recent months, Artroniq has been instrumental in driving transformative changes across various sectors, including electric vehicles and now, E-Commerce. The new project provides another testament to Artroniq's unwavering commitment to innovation and growth.

This high-value procurement adds a new layer to Artroniq's business model, reinforcing its reputation as a versatile player in the competitive marketplace.

Artroniq Bhd: 0038 [BURSA: ARTRONIQ] [RIC: ARTR.KL] [BBG: ARTRONIQ:MK], https://www.artroniq.com/

Source: Artroniq Bhd
Sectors: Exchanges & Software, Daily Finance, Daily News, Funds & Equities, Local Biz

Copyright ©2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Latest Press Release


MHI and SoftBank Corp. Collaborate to Adapt AI-RAN Network Architecture for Edge Data Centers
Mar 02, 2026 19:13 JST

DOCOMO and NEC Launch Japan's First Commercial 5G Core on AWS, Built with World's First AI-automated Network Construction Technology
Mar 02, 2026 16:34 JST

Fujitsu supports sustainable growth for retailers with data and AI through Uvance for Retail
Mar 02, 2026 11:55 JST

WELIREG(R) (belzutifan) Plus LENVIMA(R) (lenvatinib) Reduced the Risk of Disease Progression or Death by 30% Compared to Cabozantinib in Certain Previously Treated Patients With Advanced Renal Cell Carcinoma (RCC)
Mar 02, 2026 09:49 JST

NEC Strengthens Multi-Vendor Optical Network Solutions with New TIP-Certified Phoenix Hardware Lineup
Feb 27, 2026 18:50 JST

NEC Demonstrates Agentic AI-Driven Autonomous Network Operations in Collaboration with AWS
Feb 27, 2026 17:31 JST

Mitsubishi Heavy Industries Compressor Acquires Swiss Rotating Equipment Maintenance Company AST Turbo AG
Feb 27, 2026 17:23 JST

NEC Strengthens Its Edge Portfolio for the 6G Era, Enabling Efficient Edge Deployment and Integration with Cloud Services
Feb 27, 2026 12:24 JST

Fujitsu POS solution enhances customer experience at Hankyu Hanshin Department Stores
Feb 27, 2026 12:03 JST

Mitomo Semicon Engineering to Change Company Name
Feb 26, 2026 22:00 JST

The University of Tokyo, NTT, and NEC demonstrate real-time augmented reality assistance made possible by integrating three newly proposed technologies on a 6G/IOWN platform to realize the widespread use of AI agents supporting safety and security
Feb 26, 2026 19:01 JST

NEC and Nokia to Expand Eletronet's Optical Fiber Network in Brazil by 50%
Feb 26, 2026 18:51 JST

Everest Medicines Shareholders Pass Resolutions Including Commercialization Service Agreement at EGM
Feb 25, 2026 21:59 JST

Toyota Launches New bZ4X Touring BEV Focused on Driving Performance and Spaciousness in Japan
Feb 25, 2026 21:58 JST

DOCOMO and Keio University Demonstrate World's First Stable, High-Fidelity Robot Teleoperation via Commercial 5G Using Low-Latency Slicing
Feb 25, 2026 21:01 JST

DOCOMO Successfully Demonstrates AI Application Operation Using Virtualized Radio Access Network (vRAN) Infrastructure

Feb 25, 2026 20:50 JST

DOCOMO Begins Commercial Deployment of Agentic AI System for Network Maintenance Using One of the World's Largest Datasets
Feb 25, 2026 20:40 JST

NEC Implements AI Code Review Service "Metabob," Reducing Technical Verification Time by Up to 66%
Feb 25, 2026 18:00 JST

Beisia Automates Supermarket Refrigerator Temperature Monitoring and Recording with Fujitsu's IoT Visualization Solution
Feb 25, 2026 12:00 JST

Hong Kong Tech Delegation Heading for Market Expansion at Mobile World Congress 2026
Feb 25, 2026 07:00 JST
 More Latest Release >>