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Sattrix Information Security's joint venture in Malaysia, Sattrix Information Security SDN. BHD. (formed in 2024 with Cloud IOT SDN. BHD.), has received two cybersecurity service provider licenses from Malaysia's National Cyber Security Agency (NACSA) under the Cyber Security Act 2024. The licenses cover Managed Security Operations Centre (SOC) Monitoring Services and Penetration Testing Services, each valid for one year. These certifications allow the JV to operate as a licensed cybersecurity provider in Malaysia and bid for work with government bodies, critical national infrastructure entities, government-linked companies, and regulated industries like Oil & Gas, BFSI, and Utilities. The company views this as a key milestone in its Southeast Asian expansion strategy.
This regulatory approval strengthens Sattrix's credibility in the Malaysian and broader Asian markets and opens access to high-value public-sector and enterprise cybersecurity contracts, which could support future revenue growth from international markets. No immediate financial impact is disclosed, but the licenses enhance the company's eligibility for government and CNII tenders.