Posted by Goldberg > 4 hours ago | Report Abuse

THETA and NOVA collaboration.

With the AI and Datacentre mania, it is imminent Novamsc is ready to begin what they have prepared for. To recap, in January 2023 Novamsc has termed an MOU with Theta Edge Berhad to collaborate on Healthcare and public sector and applied Artificial Intelligence (A.I). This collaboration had materialised a join venture later in September 2023 with term of equity holding Theta 60% and NOVA 40%. This strategic partnering will benefit both parties in term of:

1. Providing e-government solution

2. IT solutions

3. Ready to deploy software

Aims to address key challenges faced by government agencies and businesses alike, paving the way for a seamless transition to a modern and technologically advanced ecosystem. The primary focus will be on providing Al based services such as "Building Information Modeling" which automate the building plan and design validation which is used by local councils to validate building plans submitted to these councils.

https://klse1.i3investor.com/blogs/Fact/2024-06-28-story-h-158005232-W...