Latest news with #NuraslinaZainalAbidin
New Straits Times
02-07-2025
- Business
- New Straits Times
Theta Edge wins RM88mil job to build fibre optic infrastructure
KUALA LUMPUR: Theta Edge Bhd has bagged a RM87.9 million contract from PG Linkaran Fibre Sdn Bhd for the procurement, construction and commissioning of fibre optic infrastructure within the Northern region of Peninsular Malaysia. Theta Edge said the contract has been awarded to a strategic consortium between its subsidiary Theta Technologies Sdn Bhd and Harta Unity Sdn Bhd. "The contract strengthens Theta Edge's positioning in the fast-growing telecommunications infrastructure segment," it said in a statement today. Theta Edge group managing director and chief executive officer Datuk Nuraslina Zainal Abidin said this contract win reflects the market's confidence in the company's capabilities and its growing track record in delivering complex, high-impact infrastructure projects. Nuraslina said it also marks another important step in its efforts to secure projects that offer long-term value creation and support our growth trajectory. "We continue to sharpen our focus on opportunities that match our core strengths in digital infrastructure and smart technology. "This latest contract aligns with our strategy to deliver sustainable growth through disciplined execution and strong stakeholder partnerships," she said. The project commences from July 1, 2025 and involves a comprehensive scope covering procurement, construction, commissioning, and the delivery of a fully operable and compliant fiber optic network. The fixed lump sum contract structure provides clear revenue visibility and enhances the earnings profile of the company starting from the current financial year.
New Straits Times
19-06-2025
- Business
- New Straits Times
Theta Edge, Agmo to set up JV in AI sphere
KUALA LUMPUR: Theta Edge Bhd's unit Theta Technologies Sdn Bhd will set up a new company with Agmo Holdings Bhd's unit Agmo Capital Sdn Bhd to drive artificial intelligence (AI)-enabled platform growth. The new company aims to speed up the commercialisation of technologies like artificial intelligence (AI), blockchain and digital platforms, starting with solutions for the public sector. It will also act as the delivery arm for Theta's AI platform, ThetaNeuron, enabling faster rollout of AI-powered tools in areas such as digital health, halal traceability and smart analytics. Agmo will contribute its proven digital tools, including generative AI chatbots, e-invoicing platforms, localised language models, telehealth systems, and blockchain verification tools, designed for both large companies and startups. Theta Edge group managing director and chief executive officer Datuk Nuraslina Zainal Abidin said by combining Agmo's strengths in agile platform development with Theta's domain expertise, the joint venture is well-positioned to deliver meaningful impact across financial services, healthcare, halal trade, smart logistics and the public sector. Agmo chief executive officer Tan Aik Keong said the collaboration extends its ready-to-deploy technologies into regulated environments focused on service efficiency and accessibility. "Through this joint venture, we aim to develop future-ready and data-secure systems that reflect the real needs of clients in sectors undergoing rapid digital transformation," he noted.
