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[Zhao Yin International TMT] VSTECS: A leading IT distributor in Asia, benefiting from AI and the development of enterprises going overseas.
VSTECS, established in 1991, is one of Asia's leading IT distributors and Cloud Computing Service providers. With a solid market-leading position, global presence, and diverse IT solutions, VSTECS is expected to benefit from the rapid growth of AI computing demand, the increasing need for IT innovation in China, and robust digitalization demands in Southeast Asia. VSTECS's total revenue reached 73.9 billion Hong Kong dollars in 2023, with enterprise systems, Consumer Electronics, and Cloud Computing accounting for 55%, 41%, and 4% of total revenue, respectively. VSTECS has currently established over 80 offices in 9 countries and has partnered with more than 300 leading upstream technology companies.
VSTECS(00856.HK):Leading IT Distributor in Asia Riding on Tailwinds of AI & Overseas Expansion; Initiate at BUY
At RM3.78, Is It Time To Put VSTECS Berhad (KLSE:VSTECS) On Your Watch List?
VSTECS Holdings Appoints Ms. Gao Yiyang as Independent Director
VSTECS Holdings Announces Board and Leadership Structure
VSTECS (00856.HK): Gao Yiyang has been appointed as an independent non-executive Director.
On December 10, Gelonghui reported that VSTECS (00856.HK) announced that Gao Yiyang has been appointed as an independent non-executive Director of the company and a member of the audit committee, nomination committee, and remuneration committee, effective December 10, 2024.
There's Reason For Concern Over VSTECS Holdings Limited's (HKG:856) Price
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