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Artroniq proposes diversification into precision engineering business

KUALA LUMPUR (July 15): Point-of-sales solutions provider Artroniq Bhd, formerly known as Plastrade Technology Bhd, has proposed to diversify its business to include precision engineering and machinery parts manufacturing by acquiring a 60% stake in Penang-based Fujim Digital Sdn Bhd (FDSB) for RM12 million from the latter’s sole shareholder Teoh Boon Thiam. In a filing with Bursa Malaysia, the group, which …

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Artroniq to diversify business via acquisition in precision tools trader

KUALA LUMPUR: Artroniq Bhd is acquiring 156,000 ordinarty shares representing a 60% stake in precision tools component trader Fujim Digital Sdn Bhd for RM12mil. In a filing with Bursa Malaysia, it said the purchase of the equity from sole shareholder Teoh Boon Thiam will be satisfied with RM6mil cash and RM6mil via the issuance of new shares in Artroniq.   As per …

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Artroniq, StoreHub in Point-of-Sale Deal

Artroniq Innovation Sdn Bhd has established a partnership with StoreHub Sdn Bhd to deploy omnichannel retail and F&B solutions in more than 15,000 retail stores nationwide to facilitate digital transformation in the food and beverage (F&B) retail sector. Through this partnership, Artroniq and StoreHub will establish an ecosystem for software, point-of-sale (POS) hardware warranty support, and user dependability. Artroniq will …

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