Latest news with #ThetaEdgeBhd
New Straits Times
13 hours ago
- Business
- New Straits Times
Theta Edge, Agmo to set up JV in AI sphere
KUALA LUMPUR: Theta Edge Bhd's unit Theta Technologies Sdn Bhd will set up a new company with Agmo Holdings Bhd's unit Agmo Capital Sdn Bhd to drive artificial intelligence (AI)-enabled platform growth. The new company aims to speed up the commercialisation of technologies like artificial intelligence (AI), blockchain and digital platforms, starting with solutions for the public sector. It will also act as the delivery arm for Theta's AI platform, ThetaNeuron, enabling faster rollout of AI-powered tools in areas such as digital health, halal traceability and smart analytics. Agmo will contribute its proven digital tools, including generative AI chatbots, e-invoicing platforms, localised language models, telehealth systems, and blockchain verification tools, designed for both large companies and startups. Theta Edge group managing director and chief executive officer Datuk Nuraslina Zainal Abidin said by combining Agmo's strengths in agile platform development with Theta's domain expertise, the joint venture is well-positioned to deliver meaningful impact across financial services, healthcare, halal trade, smart logistics and the public sector. Agmo chief executive officer Tan Aik Keong said the collaboration extends its ready-to-deploy technologies into regulated environments focused on service efficiency and accessibility. "Through this joint venture, we aim to develop future-ready and data-secure systems that reflect the real needs of clients in sectors undergoing rapid digital transformation," he noted.
The Star
3 days ago
- Business
- The Star
Theta Edge bags RM4.4mil mobile x-ray contract from NCSM
PETALING JAYA: Theta Edge Bhd has accepted a letter of award from the National Cancer Society Malaysia (NCSM) for the provision of mobile X-ray equipment worth RM4.38mil. In a filing with Bursa Malaysia, the software company said the X-ray equipment comes with cloud-based connectivity and built-in artificial intelligence for diagnostics and related services based on a usage-based model. 'The contract scope includes procurement, supply, installation, and maintenance of mobile X-ray equipment at NCSM facilities. 'The contract shall be for a period of five years commencing from June 20, 2025.' The company added that the contract is expected to contribute positively to the net assets and earnings per share of Theta and its group of companies for the financial year ending Dec 31, 2025 and onwards until the termination of the contract. 'The company does not foresee any exceptional risk other than the normal operational risks associated with the Contract during the contract period. Nevertheless, the company will take the necessary steps to mitigate the risks as and when they occur.'
