PETALING JAYA, October 4 – Artroniq Berhad (“Artroniq”), a prominent player in the ACE Market, is excited to announce its latest achievement – the acquisition of a significant project in E-Commerce and Retail Software Development. This groundbreaking project, valued at RM9,596,000.00, is set to commence in October 2023 and will span over a period of 12 months. In a strategic partnership with Kiddie Shoppe, a subsidiary of Artroniq, EA Global Integrated Sdn Bhd (“EAG”) will deliver tailor-made services aimed at elevating Kiddie Shoppe’s retail capabilities to unprecedented levels.
As part of these services, EAG will conduct intensive training for the Kiddie Shoppe team. Ensuring they are well-equipped to harness the full potential of the new software. Additionally, EAG will take charge of ongoing maintenance and support services, all in strict adherence to the comprehensive Service Agreement. Mr. Marcus Chin Choon Wei, CFO of Artroniq, expressed his excitement, stating, “This new venture epitomizes Artroniq’s agility and adaptability in the ever-evolving technological landscape. The project not only diversifies our portfolio but also aligns perfectly with our long-term growth strategy.”
He further elaborated on the company’s strategic direction, saying, “Securing this project augments our existing ventures and opens doors to new market opportunities. This is yet another steppingstone in the realization of our corporate vision. With a fortified balance sheet and a growing portfolio, Artroniq is well-positioned to scale new heights in the foreseeable future.” The project’s scope of work is comprehensive and intricate, necessitating close collaboration between EAG and Kiddie Shoppe. Any alterations to the customized services will require formal agreement, ensuring the commitment of both parties to maintaining the highest standards.
In recent months, Artroniq has played a pivotal role in driving transformative changes across various sectors, from electric vehicles to now E-Commerce. This latest project serves as another testament to Artroniq’s unwavering dedication to innovation and growth. This high-value procurement adds a new dimension to Artroniq’s business model, further cementing its reputation as a versatile and competitive player in the market.
