AWANBIRU TECHNOLOGY BERHAD
KLSE (MYR): AWANTEC (5204)
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Last Price
0.38
Today's Change
+0.005 (1.33%)
Day's Change
0.37 - 0.38
Trading Volume
65,500
Additional Listing
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Discussions
27 people like this. Showing 50 of 27,487 comments
Google to invest US$2b for data centre and cloud region in Malaysia
https://theedgemalaysia.com/node/713588
2 months ago
The partnership with Google allows Awantec to be part of the government’s cloud framework agreement (CFA) signed in May 2022. The CFA is one of the main thrusts to drive the digital transformation of the public sector, especially by utilising the cloud network.
2 months ago
“We’re doing analytics for Google, we are doing cloud transformation programmes for Google [for customers that use Google Suites]. From a talent perspective, we’ve got a learning management system.”
He adds that Awantec has embarked on a business transformation strategy, where it has started selling SAGE enterprise resource planning (ERP) software, as well as e-invoicing. An ERP platform is a type of business management software that integrates day-to-day business processes.
Awantec is already serving about 400,000 civil servants through Google Workspace productivity tools and students using the Google Classroom application. “We also provide Google Workspace services to five million schoolchildren,” says Azlan.
Awantec has also penetrated the commercial segment, to tap the cloud transformation and migration market. The group is pushing for AI services as well. “So we believe that the business is going to see quite a big growth,” he says.
Malaysia recently became the focal point of multibillion-ringgit investments in the data centre and artificial intelligence (AI) space. Names like Amazon Web Services, NTT (a global infrastructure and services company) and GDS (a developer and operator of high-performance data centres) have been investing in Malaysia. Then of course, there is Nvidia’s RM20 billion investment in data centres with YTL Corp Bhd (KL:YTL).
On May 2, Microsoft announced a US$2.2 billion investment in Malaysia for new cloud and AI infrastructure and on May 7, Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz confirmed that Google would invest in Malaysia.
“We know that Google is going to invest in Malaysia, so with us being the partner for the public sector, it creates a lot of opportunities for us,” says Azlan.
2 months ago
Awantec is sleeping Dragon. It is going to roar again. Target RM1.00 in short term.
2 months ago
Awantec stands to gain significantly from Google’s $2 billion investment in a new data center in Malaysia. Here are some of the key benefits:
Business Growth and Expansion: As a leading digital transformation enabler in Malaysia, Awantec will benefit from the increased demand for cloud services and digital solutions. This partnership with Google will likely result in more business opportunities and expansion of its service offerings.
Technological Advancements: Awantec will have the opportunity to leverage Google's cutting-edge technology and infrastructure. This access to advanced technology can enhance Awantec's capabilities in providing innovative solutions to its clients.
Skill Development and Upskilling: Part of Google’s investment includes initiatives for AI and digital skill development. Awantec can benefit from these programs by upskilling its workforce, thereby improving its service quality and staying competitive in the rapidly evolving tech landscape (blog.google) (CNA).
Economic Impact: The establishment of the data center will contribute to the local economy, creating jobs and fostering a tech-savvy environment. Awantec, being a key player in this sector, will be at the forefront of this economic transformation, benefiting from the overall growth in the industry.
These benefits position Awantec to not only grow its business but also play a crucial role in Malaysia's journey towards becoming a regional digital hub.
2 months ago
will always be known for.......Awantec gained prominence in 2017 when it was awarded a RM3.5 billion contract to upgrade and integrate the border control systems for the Immigration Department. In 2019, the Pakatan Harapan government cancelled the contract.... this is to a company that market cap is 350m :-) it has big ambitions nevertheles...
2 months ago
I looking good Awantec. Awantec in good position to secure more contracts from corporate and government. After solved the problem of Paragraph 8.03A., It is on the way back to glory time. Compared to many AI stocks in KLSE, i think Awantec is 100% truely AI stock in market. Many ppls no noticed it. Awantec have huge potential, time to buy and hold. Current price deem very very cheap.
2 months ago
Awantec and Google Collaborate to Shape Malaysia's AI Future at Malaysia AI Nexus:
https://www.awantec.my/content/awantec-and-google-collaborate-to-shape-malaysia-s-ai-future-at-malaysia-ai-nexus
2 months ago
Awantec share price start moving. Hope more ppls realize that Awantec is Truely AI Stock !
2 months ago
Awantec share price start moving. Hope more ppls realize that Awantec is Truely AI Stock!
!https://www.awantec.my/content/awantec-and-google-collaborate-to-shape-malaysia-s-ai-future-at-malaysia-ai-nexus
2 months ago
Awantec and Google Collaborate to Shape Malaysia's AI Future at Malaysia AI Nexus: https://www.awantec.my/content/awantec-and-google-collaborate-to-shape-malaysia-s-ai-future-at-malaysia-ai-nexus
2 months ago
Google USD 2 Bil investment for data center is game changer for Awantec !
https://bernama.com/en/news.php?id=2303321
2 months ago
The partnership with Google allows Awantec to be part of the government’s cloud framework agreement (CFA) signed in May 2022. The CFA is one of the main thrusts to drive the digital transformation of the public sector, especially by utilising the cloud network. Awantec likely win substantial contract from government.
2 months ago
@Rajankumar .... why awantec profit very low just 2m from 55m revenue? why they not making money? why google choose them of all the companies out there?
2 months ago
Hi raymondroy, Awantec last 4 QR profit keep growth. Investment need patience, dun play contra. Company need time to growth the profit.
2 months ago
Buy before other ppls discover this hidden gems. If everyone know it, price already very high. Now is the low risk high return buying time.
2 months ago
Awantec got strong balance sheet and bright prospect. I only buy this type stock for investment. Only investment can generate huge profit for me. Dun play contra, contra just like gambling.
2 months ago
Everyone advised to study Awantec deeply. Then u will know why i so confidence in Awantec.
2 months ago
Hi Rajankumar....what the truly price awantech.....can be 0.50 cent...0.60 cent or RM1.00....
2 months ago
Anda semua udah lupa 1 benda . Awantec masih tunggu kes rayuan pampasan 200 juta lebih tu . Kalau rayuan berjaya dan dapat 400 juta , tak dapat bayang kan harga dia brapa . Apanpun kami harap kan yang terbaek utk Awantec . Aamin
2 months ago
To everyone here. Awantec is hidden gem of AI Stock. Long term play is only way to maximise the profit.
2 months ago
Awantec TalentXchange Sdn Bhd (“Awantec TalentXchange”) has taken a significant step forward with the launch of its latest talent as a service offering, Awantec TalentXchange (“ATX”). This comprehensive solution encompasses recruitment, HR consultancy, and staffing services tailored to meet the needs of discerning employers and job seekers alike, aiming to provide a complete talent ecosystem for the business community.
Awantec, Chief Executive Officer, Azlan Zainal Abidin expressed confidence in this latest venture, saying, “Awantec is delighted to introduce ATX, which will revolutionize the approach to talent acquisition, particularly in the Information Technology (IT) field, through resource augmentation.
By integrating targeted training and learning with the use of Generative AI, ATX aims to address the growing demands of supplying and managing the contingent workforce, offering new opportunities for job seekers, especially in the gig economy.”
Highlighting Awantec’s commitment to becoming the country’s Trusted Partner for Technology and Talent Solution, Zainal Abidin emphasized the company’s dedication to benefiting communities and businesses. Leveraging recruitment specialists and AI technology from partner Skillsoft Percipio, ATX ensures that candidates are thoroughly assessed and matched to organizational needs, enhancing the efficiency of the recruitment process.
ATX is poised to serve a wide range of business sectors, including Banking & Financial Services, Information Technology, Healthcare, E-Commerce, Retail, Pharmaceutical, Manufacturing, and Transportation & Logistics. Since its inception, ATX has already secured a contract with Velesto Energy Berhad to provide skilled resources for its projects.
With its comprehensive suite of services, including learning & training, ATX aims to emerge as the preferred partner for businesses and job seekers seeking to optimize their recruitment and job search processes in the rapidly evolving digital landscape.
2 months ago
Awantec hit 50sen. Good Sign ! 50sen still undervalued. My fair value for Awantec is RM1.00. I dun bother share price volatile, hold until hit RM1.00. It is my long term investment.
2 months ago
when all guru jump out to promote, is time to say sayonara. If not nanti become SAYUR!
2 months ago
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Awantec’s position on the group’s viability vindicated as Bursa lifts trading suspension on its securities
https://theedgemalaysia.com/node/711451
2024-05-21 17:13