Business Update
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sattrix Information Security's joint venture in Malaysia, Sattrix Information Security SDN. BHD., has secured its very first work order. The order is for providing Managed Security Operations Center (SOC) services and has been awarded by Nimbus Cloud SDN. BHD. (Malaysia), with the end client being Pelabuhan Tanjung Pelepas SDN BHD, a Malaysian port operator. The contract is for a period of 12 months and is an international order, with no related party interest involved.
This is a positive milestone as it marks the entry of Sattrix's Malaysian JV into actual revenue-generating operations, signalling early traction in international expansion and could lead to follow-on orders, though the order value has not been disclosed.