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Awantec 13th Annual General Meeting

AwanBiru Technology Berhad (“Awantec” or the “Group”) held its 13th Annual General Meeting (“AGM”) today. The Annual General Meeting was conducted virtually and streamed live from its premise at Cyberjaya.

Going live at 10 a.m., the meeting saw discussions between shareholders and Awantec's Board of Directors.

Awantec’s Chief Executive Officer (CEO), En. Azlan bin Zainal Abidin, in his presentation, shared the growth and acceleration phase of the Group, which comprises four key focus areas; Innovative Solutions Focus, Strategic Partnerships, Critical Talent Acquisition and Market Segment Targeting.

“In FY2023, our commitment remains unwavering as we continue to build upon a solid foundation. We expedited our transformation efforts, enhancing support for our employees and customers, refining our product portfolio, elevating service quality, and positioning Awantec to seize opportunities in an increasingly technology-driven landscape, both in the present and for years to come”, shared the Group’s CEO.

En. Azlan also added, “Awantec is striving to solidify its leadership position in the information and communication technology industry. The company boasts significant advantages, including over two decades of experience successfully delivering large-scale technology projects, a dedicated and highly skilled workforce of 131 professionals, and strong partnerships with industry leaders, making us a trusted technology and talent solutions provider.”

Awantec's overarching vision is to harness the tremendous potential of the burgeoning digital economy. We are poised to expand our footprint into select industries, strategically capitalising on cross-selling and upselling opportunities. This multifaceted approach is underpinned by its determination to forge a formidable competitive edge in niche markets while also catering to the needs of underserved agencies. The Group’s unwavering commitment to innovation, collaboration, and agile adaptability drives the company to navigate the dynamic landscape of the modern business world.

Awantec’s Chairman, Dato’ Syed Naqiz Shahabuddin bin Syed Abdul Jabbar, assures that the Group will continue to carry out measures towards effective and efficient capital management, more engagement with our partners and customers, and executing the Group’s transformation plan to better serve the customers, which will help to turnaround the financial loss in FY2023. He is confident that, with its strong track record as an established digital solutions provider, Awantec will continue to enhance its digital offerings to ensure business sustainability.

“On behalf of the Board of Directors, I would like to take this opportunity to acknowledge the steady and invaluable support of our shareholders, partners, suppliers, and customers who have been with us over the years for their trust in our ability to ride out challenging times to emerge stronger.” Awantec’s chairman, Dato’ Syed Naqiz said.


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