Listing Detail:
Listing Sought: LEAP Market
Issue Price: RM 0.11

Dates:
Allotment of Shares: 27 September 2017
Listing date: 03 Oct 2017

Number of shares:
Units: 775,267,102
 

Stock Code: CLOUD

Company Overview

Cloudaron Group Berhad develops and delivers cloud-based solutions in Malaysia and Singapore, and rest of Asia Pacific. It offers information technology infrastructure and solution transformation services, including data center, virtualization, consulting and integration, and managed support services.

The company also develops a portfolio of software applications, such as virtual image management, VDI, console management, and monitoring applications to offer holistic virtual desktop services that deploys on Cloud-as-a-Service or hybrid platforms; and cyber security solutions comprising the development and trading of remote file access devices. It serves government agencies and companies in the healthcare, education, and financial and commercial enterprise sectors, as well as local partners/resellers.

The company was formerly known as Cloudaron Group Sdn Bhd and changed its name to Cloudaron Group Berhad in July 2017. Cloudaron Group Berhad was founded in 2010 and is headquartered in Singapore.

Address & Contact:

71 Ayer Rajah Crescent
#06-04/05/06 Singapore 139951

Phone: +65 6275 7000
Fax: +65 6272 0602
Email: contact@cloudaron.com
Website: https://www.cloudaron.com

LEAP Market

The LEAP market is an alternative platform for small and medium enterprises (SMEs) to raise capital in an efficient, fast, and transparent marketplace for their business growth.

Additionally, the LEAP market gives them the visibility of being a listed entity and assists these companies in their transformation to better governance and operational standards.

Trading on the LEAP market is limited to sophisticated investors, who are categorised as accredited investors, high net worth entities with total net assets exceeding RM10mil, or high net worth individuals whose net personal assets exceeds RM3mil or gross annual income exceeding RM300,000.